The global prefilled syringes market is projected to reach USD 13.1 billion by 2030 from USD 7.1 billion in 2024, at a CAGR of 10.8% during the forecast period. Market growth is largely driven by the increasing prevalence of chronic diseases, the rise in demand for self-administration, and the advantages of prefilled syringes such as reduced risk of contamination and dosing errors. However, the presence of alternative drug delivery systems and stringent regulatory requirements limit the market growth of prefilled syringes.
The prominent players in the prefilled syringes market are BD (US), Gerresheimer AG (Germany), SCHOTT (Germany), and West Pharmaceutical Services, Inc. (US), AptarGroup Inc. (US), Nipro (Japan), Baxter (US), Owen Mumford Ltd. (UK), Weigao Meidcal international Co., Ltd. (China), Credence MedSystems, Inc.(US), Novartis AG (Switzerland), Stevanato Group (Italy), Polymedicure (India), MedXL (Canada), Sharps Technology, Inc.(US), Fresenius Kabi (US), DBM S.R.L. (Italy), Taisei Kako Co.,Ltd (Japan), Shandong Province Medicinal Glass Co., Ltd.(China), SHIN YAN SHENO PRECISION INDUSTRIAL CO., LTD (Japan), J.O. PHARMA CO., LTD. (Japan), BMIKOREA (Korea), B. Braun SE ( Germany), and Al Shifa Medical Products Co. (Saudi Arabia). These players have adopted various growth strategies such as product launches, acquisition, collabration, agreements, and expansion to increase their presence and reach in the prefilled syringes market.
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BD:
BD is a medical technology company, which manufactures and sells medical devices, reagents, and instruments. Its major products include syringes and pen needles; intravenous catheters; infusion pumps and disposables; automated medication dispensing and supply management systems; pre-fillable drug delivery systems; respiratory ventilation and diagnostic equipment and consumables; products for the safe collection and transportation of diagnostic specimens; instruments and reagent systems to detect a range of infectious diseases and cancers; and clinical research tools. BD's operations consist of three business segments: BD Medical, BD Life Sciences and BD Interventional. BD Medical comprises of Medication Delivery Solutions, Medication Management Solutions and Pharmaceutical Systems. The company operates in more than 190 countries across North America, Latin America, Europe, the Middle East, Africa, and Asia with 70 manufacturing locations and a total of 297 facilities.
Gerresheimer AG:
Gerresheimer is one of the eaders in medicine packaging, drug delivery devices, and solutions, offering the most extensive product portfolio for pharmaceuticals, healthcare, well-being, and biotechnology. The company's diverse array of products and solutions comprises of pharmaceutical packaging and items designed for the secure and easy administration of medications. Gerresheimer operates under 3 segments - Plastics & Devices, Primary Packaging Glass and Advanced Technologies. The company has over 40 manufacturing plants across Europe, North America, South America, and Asia. Some of its notable subsidiaries include Gerresheimer Querétaro S.A. (Mexico), Gerresheimer Glass Inc. (US), and Gerresheimer Plásticos São Paulo Ltda. (Brazil), Kimble Chase (US), Gerresheimer Medical Plastic Systems Dongguan Co. Ltd. (China), and Triveni Polymers Pvt. Ltd. (India).
Schott:
Schott AG (Schott), a subsidiary of Carl Zeiss Stiftung AG, is a technology group. It develops, manufactures and markets specialty glass materials and glass-ceramics. The company offers a broad portfolio of special glass, specialty materials, components and systems. SCHOTT Group's operations are organized into three different segments i.e. Precision Materials, Optical Industries and Home Appliances. The Pharma business unit in the Precision materials segment offers syringes, vials, ampoules, cartridges. Geographically, the company operates manufacturing sites and sales offices in 33 countries. Its operations are spread across in Europe, Asia, the Middle East and Africa, North America, and South America.
Related Reports:
Prefilled Syringes Market by Type (Conventional, Safety), Material (Glass Prefilled Syringe, Plastic), Design (Single-Chamber Prefilled Syringe, Dual-Chamber), Application (Diabetes, Cancer, and Rheumatoid Arthritis), & Region - Global Forecast to 2030
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