single-chamber prefilled syringes market
Medical Equipment

How Will The Single-Chamber Prefilled Syringes Market Globally Expand In 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

The Business Research Company’s single-chamber prefilled syringes market report forecasts the single-chamber prefilled syringes market size to grow to $14.98 Billion by 2027, with a CAGR (compound annual growth rate) of more than 12%.

Learn More On The Single-Chamber Prefilled Syringes Market Report 2023 – https://www.thebusinessresearchcompany.com/report/single-chamber-prefilled-syringes-global-market-report

Single-Chamber Prefilled Syringes Market Size Forecast
The global single-chamber prefilled syringes market is expected to grow from $8.57 billion in 2022 to $9.5 billion in 2023 at a compound annual growth rate (CAGR) of 10.9%. 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The single-chamber prefilled syringes market size is expected to grow to $14.98 billion in 2027 at a CAGR of 12.1%.

North America held the largest single-chamber prefilled syringes market share.

Key Single-Chamber Prefilled Syringes Market Driver ­– Growth In The Prevalence Of Chronic Diseases Such As Diabetes And Cancer
According to the IDF Diabetes Atlas 2021, an organization that promote diabetes care, prevention, and a cure worldwide, 1 in 10 individuals (20–79 years old) have diabetes, which affects 537 million people. By 2030, this figure is expected to reach 643 million, and by 2045, it will reach 783 million. According to the American Cancer Society, in 2021, 1.9 million new cancer cases would be registered. Therefore, the growing prevalence of chronic diseases such as diabetes and cancers drive the market for single-chamber prefilled syringes.

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Key Single-Chamber Prefilled Syringes Market Trend – Technological Advancement
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. For instance, In September 2022, Otsuka America Pharmaceutical, Inc., a US-based healthcare company, and H. Lundbeck A/S, a Danish international pharmaceutical company, introduced Aripiprazole 2-month. It comes in a single-chamber, prefilled syringe and is a 2-month, ready-to-use, long-acting injectable form of aripiprazole. The gluteal muscle is where it is to be injected intramuscularly every two months for the dosage.

Single-Chamber Prefilled Syringes Market Segment
1) By Type: Glass, Plastic
2) By Application: Vaccine Product, Biologic, Pharmaceutical Product

Single-Chamber Prefilled Syringes Market Major Players and Strategies
Major players in the single-chamber prefilled syringes market are BD, Gerresheimer, Schott, Catalent, Nipro, Weigao, Stevanato, Baxter, Vetter Pharma, and Terumo.

In October 2020, Credence Medsystems, a US-based drug delivery, and specialty pharmaceutical company has collaborated with Schott AG, a German-based glass and glass-ceramics manufacturing company. The collaboration is to integrate Credence’s Companion technology with Schott’s refillable syringe glass and polymer syringe systems and provide an innovative and differentiated offering for the delivery of injectable medications via prefilled syringes.

The Single-Chamber Prefilled Syringes Global Market Report 2023 covers regional data on single-chamber prefilled syringes market size, single-chamber prefilled syringes market trends and drivers, opportunities, strategies, and single-chamber prefilled syringes market competitor analysis. 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.

Single-chamber prefilled syringes are types of syringes that come with the substance to be injected prefilled. These contain a single type of substance.

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