The increasing prevalence of chronic diseases, large patient population base, and benefits associated with Prefilled Syringes Market are the major factors driving the growth. In addition, growing initiatives undertaken by leading market players to establish production facilities in both mature and developing markets are further aiding to the growth prospects of this market.
However, product recalls, and low market presence of Prefilled Syringes with integrated safety features can hinder the growth of the Prefilled Syringes market. The lack of safety features in Prefilled Syringes and product recalls are expected to limit the growth of this market in the coming years.
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The research report segments the Prefilled Syringes Market based on material, type, design, and regions.
Development of technologically advanced Prefilled Syringes and growing adoption of self-injection devices are the major trends in the Prefilled Syringes market. Key players in the market are focusing on expanding their product portfolio with technologically advanced products in order to cater to the growing demand of these devices across the globe.
Prefilled Syringes Market Based on Material;
The global market is divided into two broad segments, namely, glass Prefilled Syringes and plastic Prefilled Syringes. The glass Prefilled Syringes segment is expected to account for the largest share of the market in 2016. The growth of this segment can be attributed to the high use of glass in manufacturing syringes owing to its nonreactive nature and heat and chemical resistance.
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Prefilled Syringes Market Based on type;
The market is segmented into conventional Prefilled Syringes and safety Prefilled Syringes. The conventional Prefilled Syringes segment is expected to account for the largest share during the forecast period. This growth can be primarily attributed to the comparatively low penetration of safety syringes.
Prefilled Syringes Market Based on design;
The market is further segmented into single-chamber Prefilled Syringes, dual-chamber Prefilled Syringes, and customized Prefilled Syringes. The single-chamber Prefilled Syringes is expected to command the largest share of the global Prefilled Syringes Market. The increasing adoption of self-administered parenteral drugs is the key factor responsible for the growth of the single-chamber market.
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