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Global Safety Prefilled Syringes market will reach 6290 million US$ by the end of 2025

Publisher: QYResearch
Published Date: 2018/10/09

Prefilled syringes are pharmaceutical product which is used to deliver parenteral medications. A prefilled syringe is a single dose packet of parental drug to which a needle has been fixed by a manufacturer. Pre filled syringes are ready to use disposable syringes contains premeasured dosage, reduce dosing errors and increase patient compliance, dosing accuracy, convenience, and safety; enhance patient quality of life; and reduce patient time in the clinic.

Auto-retractable safety syringe is application in subcutaneous (Sub-Q) and intramuscular (IM) and intravenous (IV). The most proportion of Safety Prefilled Syringe is used in intramuscular (IM), and the market share in 2016 is about 79%.

Market competition is intense. BD, Gerresheimer, Schott, Treumo, etc. are the leaders of the industry. The clear market leader is BD, which holds a 60% market share and has provided its saft pre-fillable syringes to over 200 pharmaceutical companies. In second place is Gerresheimer with a 20% market share, while Schott and Nipro also have a strong presence in the market.

The global Safety Prefilled Syringes market is valued at 3530 million US$ in 2017 and will reach 6290 million US$ by the end of 2025, growing at a CAGR of 7.5% during 2018-2025. The objectives of this study are to define, segment, and project the size of the Safety Prefilled Syringes market based on company, product type, end user and key regions.

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