Pune, India -- (SBWIRE) -- 03/05/2020 -- The global "prefilled syringes market size" is projected to reach USD 9.53 billion by 2026, exhibiting a CAGR of 10.4% during the forecast period. Rising incidence of cancer and other Non-Communicable Diseases (NCDs) is expected to be the primary factor fueling the prefilled syringe market growth. According to the World Health Organization (WHO), 9 million deaths are caused by cancer worldwide every year. In total, NCDs cause close to 41 million deaths, or 71% of the global deaths, annually, states the WHO. The National Cancer Institute estimates that in the US alone, 1,735,530 new cancer cases were reported in 2018; by 2030, this figure is anticipated to reach 23.6 million. Such widespread prevalence of cancer and other NCDs has generated the need for alternative solutions such as biological drugs. The administration of these drugs requires modern devices such as prefilled syringes, which is foreseen to augment the prefilled syringes market potential in the forthcoming years.

Highlights of the Report:

In-depth analysis of various insights, namely, Prefilled Syringes Market trends, growth drivers, opportunities, and other related challenges.
Comprehensive details of key market players, their core competencies, and Prefilled Syringes Market share.
The potency of suppliers and buyers to make better business decisions.
Lists out the market size in terms of volume.
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Key Players Operating in The Prefilled Syringes Market Include:

Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:

BD
Gerresheimer AG
AptarGroup, Inc.
Helvoet Rubber & Plastic Technologies BV
West Pharmaceutical Services Inc.
SCHOTT AG
Terumo Corporation
Nipro PharmaPackaging International
Other Prominent Players

Rising Instances of Opportunistic Infections and Injuries at Hospitals to Boost the Market

Infections and injuries caused by needle sticks can be hazardous as they can cause serious damage to the body. According to the National Institute for Occupational Safety and Health (NIOSH), USA, a needle stick injury is one that is caused by sharp and pointed objects such as blood collection and hypodermic needles. Increasing workload of healthcare professionals at medical facilities such as hospitals has upped the threat of opportunistic injuries for these people, thereby expanding the prefilled syringes market size. For example, the US Centers for Disease Control and Prevention (CDC) numbered the injuries caused by sharp objects in US hospitals at 600,000. Thus, as patient care gets more complex and demanding, safety concerns regarding needle stick injuries are expected to gain prominence and lead the prefilled syringes market trends in the upcoming years.

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Product Diversification to be the Focus Area for Competitors

Key players are putting in place different measures to gain a competitive edge, according to the prefilled syringes market analysis. While some companies are looking for ways to widen their product offerings, other participants are engaging in merger and acquisition activities to expand their presence in the market.

Detailed Table of Content:

Introduction
Research Scope
Market Segmentation
Research Methodology
Definitions and Assumptions
Executive Summary
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Key Insights
Regulatory Scenario by Key Countries/Key Region
Overview of Secondary Prefilled Containers such as Auto-injectors, Pens, etc.
Prefilled Syringes Key Market Trends
Overview of Contract Research and Manufacturing Service Providers for Prefilled Syringes
Key Industry Developments (Mergers, Acquisitions, Strategic Partnerships, Collaborations, etc.)
Global Prefilled Syringes Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis, Insights and Forecast – By Material
Glass
Plastic
Market Analysis, Insights and Forecast – By Closing System
Staked Needle System
Luer Cone System
Luer Lock Form System
Market Analysis, Insights and Forecast – By Product
Complete Syringe Set
Components & Accessories (Backstops, Plunger Stoppers, and Plunger Rods)
Market Analysis, Insights and Forecast – By Design
Single-chamber
Double-chamber
Multiple-chamber
Market Analysis, Insights and Forecast – By End User
Pharmaceutical & Biotechnology Companies
Contract Research & Manufacturing Organizations
Others
Market Analysis, Insights and Forecast – By Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
North America Prefilled Syringes Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis – By Material
Glass
Plastic
Market Analysis – By Closing System
Staked Needle System
Luer Cone System
Luer Lock Form System
Market Analysis – By Product
Complete Syringe Set
Components & Accessories (Backstops, Plunger Stoppers, and Plunger Rods)
Market Analysis – By Design
Single-chamber
Double-chamber
Multiple Chamber
Market Analysis, Insights and Forecast – By End User
Pharmaceutical & Biotechnology Companies
Contract Research & Manufacturing Organizations
Others
Market Analysis – By Country
S.
Canada
Europe Prefilled Syringes Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis – By Material
Glass
Plastic
Market Analysis – By Closing System
Staked Needle System
Luer Cone System
Luer Lock Form System
Market Analysis – By Product
Complete Syringe Set
Components & Accessories (Backstops, Plunger Stoppers, and Plunger Rods)
Market Analysis – By Design
Single-chamber
Double-chamber
Multiple Chamber
Market Analysis, Insights and Forecast – By End User
Pharmaceutical & Biotechnology Companies
Contract Research & Manufacturing Organizations
Others
Market Analysis – By Country/Sub-region
K.
Germany
France
Spain
Italy
Scandinavia
Rest of Europe
Asia Pacific Prefilled Syringes Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis – By Material
Glass
Plastic
Market Analysis – By Closing System
Staked Needle System
Luer Cone System
Luer Lock Form System
Market Analysis – By Product
Complete Syringe Set
Components & Accessories (Backstops, Plunger Stoppers, and Plunger Rods)
Market Analysis – By Design
Single-chamber
Double-chamber
Multiple Chamber
Market Analysis, Insights and Forecast – By End User
Pharmaceutical & Biotechnology Companies
Contract Research & Manufacturing Organizations
Others
Market Analysis – By Country/ Sub-region
Japan
China
India
Australia
Southeast Asia
Rest of Asia Pacific
Latin America Prefilled Syringes Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis – By Material
Glass
Plastic
Market Analysis – By Closing System
Staked Needle System
Luer Cone System
Luer Lock Form System
Market Analysis – By Product
Complete Syringe Set
Components & Accessories (Backstops, Plunger Stoppers, and Plunger Rods)
Market Analysis – By Design
Single-chamber
Double-chamber
Multiple Chamber
Market Analysis, Insights and Forecast – By End User
Pharmaceutical & Biotechnology Companies
Contract Research & Manufacturing Organizations
Others
Market Analysis – By Country/ Sub-region
Brazil
Mexico
Rest of Latin America
Middle East & Africa Prefilled Syringes Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis – By Material
Glass
Plastic
Market Analysis – By Closing System
Staked Needle System
Luer Cone System
Luer Lock Form System
Market Analysis – By Product
Complete Syringe Set
Components & Accessories (Backstops, Plunger Stoppers, and Plunger Rods)
Market Analysis – By Design
Single-chamber
Double-chamber
Multiple Chamber
Market Analysis, Insights and Forecast – By End User
Pharmaceutical & Biotechnology Companies
Contract Research & Manufacturing Organizations
Others
Market Analysis – By Country/ Sub-region
GCC Countries
South Africa
Rest of Middle East & Africa
Continued...

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Report Focus:

Extensive product offerings
Customer research services
Robust research methodology
Comprehensive reports
Latest technological developments
Value chain analysis
Potential Prefilled Syringes Market opportunities
Growth dynamics
Quality assurance
Post-sales support
Regular report updates
Reasons to Purchase this Report:

Comprehensive analysis of the Prefilled Syringes Market growth drivers, obstacles, opportunities, and other related challenges.
Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
Identifies market restraints and boosters.
Identifies all the possible segments present in the market to aid organizations in strategic business planning.

KEY QUESTIONS ANSWERED:

What is the market size and growth rate of the global and regional market by various segments?
What is the market size and growth rate of the market for selective countries?
Which region or sub-segment is expected to drive the market in the forecast period?
What Factors are estimated to drive and restrain the Prefilled Syringes Market growth?
What are the key technological and market trends shaping the market?
What are the key opportunities in the market?
What are the key companies operating in the market?
Which company accounted for the highest market share?

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