Global Plastic Pre-Filled Syringes Market to Surpass USD 4.28 Bn by 2031| Growth Market Reports

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Jun 23, 2023, 10:01 ET

PUNE, India, June 23, 2023 /PRNewswire/ -- According to a recent market study published by Growth Market Reports, titled, "Plastic Pre-Filled Syringes Market Segments - by Product (Needle-free Pre-filled Syringe, and Needled Prefilled Syringe), Polymer Type [COP (Cyclic Olefin Polymer), COC (Cyclic Olefin Copolymer), and Polypropylene (PP)], Design (Single-chamber Prefilled Syringes, and Dual-chamber Prefilled Syringes), Application (Diabetes, Rheumatoid Arthritis, Anaphylaxis, Cancer, Thrombosis, Ophthalmology, and Others), End-user (Hospital, Clinics, Home Care, and Others), and Region: Size, Share, Trends and Opportunity Analysis, 2023-2031", the market size was USD 2.0 Bn in 2022 and is expected to surpass USD 4.28 Bn expanding at a CAGR of 8.8 % by the end of 2031. The market growth is attributed to the characteristics of the plastic syringes including durability and resistance to chemicals.

Key Market Players Profiled in the Report

BD
Baxter International Inc.
Gerresheimer Group
Fresenius SE & Co. KGaA.
Nipro Corporation
SCHOTT AG,
Taisei Kako Co., Ltd.
Terumo Corporation
Plas-Tech Engineering, Inc.
West Pharmaceutical Services, Inc.

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The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics. It provides an in-depth analysis of the market segments, which include product, polymer type, design, application, end-user, and competitor analysis.

This report also includes a complete analysis of industry players and covers their latest developments, product portfolio, pricing, mergers, acquisitions, and collaborations. Moreover, it provides crucial strategies that are helping market players to expand their market share.

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Regional Highlights:

On the basis of region, the global plastic pre-filled syringes market is classified as North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America is projected to dominate the global market, due to the rising cases of diabetes, which boosts the product demand.

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Key Takeaways from the Study:

Plastic pre-filled syringe is a medical device used to deliver precise medication dosages to patients.
The rising adoption of self-administered drugs and increasing cases of chronic diseases boost product demand.
The government initiatives implemented for the research & development of drug-delivery devices help in the market expansion.
The development of high quality and medical grade plastic for the production of reliable syringes is projected to create lucrative opportunities in the market.
The needle-free pre-filled syringe segment is projected to expand at the fastest CAGR during the assessment period, as it is easy to administer and use.
The cyclo olefin polymer (COP) syringe segment is anticipated to hold a major market share, as it offers optimum barrier properties compared to the glass material.
The diabetes segment is expected to dominate the market during the forecast period, due to the increasing adoption of self-administered drug delivery methods among diabetic patients.

Read 361 Pages Research Report with Detailed TOC on "Global Plastic Pre-Filled Syringes Market Segments - by Product (Needle-free Pre-filled Syringe, and Needled Prefilled Syringe), Polymer Type [COP (Cyclic Olefin Polymer), COC (Cyclic Olefin Copolymer), and Polypropylene (PP)], Design (Single-chamber Prefilled Syringes, and Dual-chamber Prefilled Syringes), Application (Diabetes, Rheumatoid Arthritis, Anaphylaxis, Cancer, Thrombosis, Ophthalmology, and Others), End-user (Hospital, Clinics, Home Care, and Others) and Regions (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Global Industry Analysis, Growth, Shares, Size, Trends, and Forecast 2022-2030"

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Key Segments Covered

Product

Needle-Free Prefilled Syringe
Needled Prefilled Syringe

Polymer Type

COP (Cyclic Olefin Polymer)
COC (Cyclic Olefin Copolymer)
Polypropylene (PP)

Design

Single-chamber Prefilled Syringes
Dual-chamber Prefilled Syringes

Application

Diabetes
Rheumatoid Arthritis
Anaphylaxis
Cancer
Thrombosis
Ophthalmology
Others

End-user

Hospital
Clinics
Home Care
Others

Region

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

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