What Is The Single-Chamber Prefilled Syringes Market Overview In 2022?
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The single-chamber prefilled syringes market is forecasted to achieve notable growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 11%, as per The Business Research Company’s market report!
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The Single-Chamber Prefilled Syringes Market Size In 2022 And Forecast
The global single-chamber prefilled syringes market is expected to grow from $4.41 billion in 2020 to $4.97 billion in 2021 at a compound annual growth rate (CAGR) of 12.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The single-chamber prefilled syringes market is expected to reach $7.58 billion in 2025 at a CAGR of 11.1%.
The single-chamber prefilled syringes market consists of sales of single-chamber prefilled syringes by entities (organizations, sole traders, and partnerships) that manufacture disposable single-chamber syringes with already loaded liquid medicine to be injected.
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Growth In Prevalence Of Chronic Diseases Is Driving The Growth Of The Single-Chamber Prefilled Syringes Market
According to the International Diabetes Federation, in 2019, approximately 463 million adults are living with diabetes and by 2045 it is estimated to be 700 million adults around the world, and 1 in 5 adults above 65 will have diabetes. According to the American Cancer Society, in 2021, 1.9 million new cancer cases would be registered. Diabetes patients who require insulin therapy when medicines could not control their blood glucose levels, the diabetes patients use the single-chamber prefilled syringe. Therefore, the growing prevalence of chronic diseases such as diabetes and cancers drives the market for single-chamber prefilled syringes.
Competitive Landscape And The Regional Analysis Of The Single-Chamber Prefilled Syringes Market
Major players in the single-chamber prefilled syringes market are BD, Gerresheimer, Schott, Catalent, Nipro, Weigao, Stevanato, Baxter, Vetter Pharma, and Terumo.
The Single-Chamber Prefilled Syringes Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the single-chamber prefilled syringes market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the single-chamber prefilled syringes market.
Growing Technological Advancements – A Key Trend In The Single-Chamber Prefilled Syringes Market
Major companies operating in the single-chamber prefilled syringe sector are focused on developing technological solutions for the single-chamber prefilled syringe market to strengthen their position.
Single-Chamber Prefilled Syringes Market Segmentation By The Business Research Company
1) By Type: Glass, Plastic
2) By Application: Vaccine Product, Biologic, Pharmaceutical Product
Here Are Some Reports Related To The Single-Chamber Prefilled Syringes Market –
Pre Filled Syringes Global Market Report 2022
Insulin Pens, Syringes, Pumps And Injectors Global Market Report 2022
Autoinjectors Global Market Report 2022
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