Top 5 Insights From The Single Chamber Prefilled Syringes Market Report 2023
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
According to The Business Research Company’s Single Chamber Prefilled Syringes Global Market Report 2023, the single chamber prefilled syringes market is expected to show promising growth in the forecast period.
The global single-chamber prefilled syringes market has experienced substantial growth, soaring from $8.57 billion in 2022 to $9.5 billion in 2023. This marks a significant Compound Annual Growth Rate (CAGR) of 10.9%. Looking ahead, projections indicate that the market size is poised to reach an impressive $14.98 billion by 2027, maintaining a robust CAGR of 12.1%.
Catalysts of Growth: Chronic Diseases Propel Demand
Diabetes Epidemic
- Prevalence Stats: The International Diabetes Federation (IDF) Diabetes Atlas 2021 reveals alarming statistics — 1 in 10 individuals aged 20–79 has diabetes, affecting a staggering 537 million people.
- Projections: The IDF anticipates this figure to rise to 643 million by 2030 and a daunting 783 million by 2045.
Cancer Surge
- Incidence: In 2021, the American Cancer Society reported 1.9 million new cancer cases.
- Contributing Factor: The increasing prevalence of chronic diseases, particularly diabetes and cancer, is a key driver behind the escalating demand for single-chamber prefilled syringes.
Key Market Players: Industry Leaders in Action
- Dominant Forces: Major players shaping the single-chamber prefilled syringes market include BD, Gerresheimer, Schott, Catalent, Nipro, Weigao, Stevanato, Baxter, Vetter Pharma, and Terumo.
Technological Marvels: Pioneering the Future
Otsuka America Pharmaceutical and H. Lundbeck A/S
- Innovation Unleashed: Notable technological advancements are steering the market’s trajectory, with companies keen on fortifying their positions through inventive solutions.
- Example in Action: In September 2022, Otsuka America Pharmaceutical, Inc., and H. Lundbeck A/S unveiled Aripiprazole 2-month. This long-acting injectable form of aripiprazole, encased in a single-chamber prefilled syringe, represents a leap forward in technological sophistication.
Market Segmentation: Glass, Plastic, and Applications Galore
Types
- Glass:
- Traditional and widely used.
- Plastic:
- Emerging as an alternative, offering versatility.
Applications
- Vaccine Product:
- Critical in the global vaccination landscape.
- Biologic:
- Meeting the demands of biopharmaceuticals.
- Pharmaceutical Product:
- Widely adopted for various medicinal applications.
Regional Landscape: North America Takes the Lead
- Market Leader: In 2022, North America emerged as the largest region in the single-chamber prefilled syringes market.
- Asia-Pacific Influence: Following closely, Asia-Pacific secured the second-largest share, indicating a global distribution of market influence.
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The Single Chamber Prefilled Syringes Global Market Report 2023 offers a comprehensive overview on the single chamber prefilled syringes market size, growth rate, trends and drivers, opportunities, strategies, and competitor landscape. 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, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
The Table Of Content For The Single Chamber Prefilled Syringes Market Include:
1. Single Chamber Prefilled Syringes Market Executive Summary
2. Single Chamber Prefilled Syringes Market Segments
3. Single Chamber Prefilled Syringes Market Size And Single Chamber Prefilled Syringes Market Growth Rate
4. Key Single Chamber Prefilled Syringes Market Trends
5. Major Single Chamber Prefilled Syringes Market Drivers
……
25. Key Mergers And Acquisitions In The Single Chamber Prefilled Syringes Market
26. Top Single Chamber Prefilled Syringes Companies
27. Single Chamber Prefilled Syringes Market Opportunities And Strategies
28. Single Chamber Prefilled Syringes Market, Conclusions And Recommendations
29. Appendix
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