Prefilled syringes are syringes that have already been prefilled with drugs or vaccines. It usually consists of a casing, syringe, needle, and piston. Since prefilled syringes already contain drugs or vaccines, they are very convenient to use and have been widely used in the medical industry.
Overview of Market Development
Thanks to the rapid development of the global healthcare industry and the increasing recognition of the advantages of prefilled syringes in drug packaging and administration, the global prefilled syringe market has continued to grow in recent years. According to our research data, the global prefilled syringe market is estimated to reach $6540 million in 2024, an increase of 10.00% compared to 2023. It is expected that the market will continue to maintain a growth trend in the coming years, and the market size is expected to increase to $9999 million in 2029. The compound annual growth rate (CAGR) for 2024-2029 is estimated to be 8.86%.
Segmented Market Analysis
From the perspective of product types, prefilled syringes can be divided into two categories based on different materials: plastic prefilled syringes and glass prefilled syringes. At present, glass prefilled syringes dominate the market. The data shows that the estimated size of the global glass prefilled syringe sub-market in 2024 is $5723 million, and the market share is expected to reach 87.51%. From the perspective of market trends, plastic prefilled syringes are becoming increasingly widely used in the market due to their lightweight, portable, and easy-to-operate advantages; However, glass prefilled syringes still hold an irreplaceable position in some special fields due to their good transparency, high-temperature resistance, and strong pressure resistance.
In the field of application, prefilled syringes are widely used in diabetes treatment, allergic reactions, rheumatoid arthritis, and other fields. Among them, diabetes treatment is the largest market segment at present, and the market share is estimated to be 23.30% in 2024. In the future, with the continuous development of the medical beauty market, the application of prefilled syringes in the field of medical beauty will also become increasingly widespread.
Global Prefilled Syringe Market Size and Segment Market Share Forecast
Source: www.globalmarketmonitor.com
Analysis of Market Competition Pattern
From the perspective of the competitive landscape, the global prefilled syringe market is relatively concentrated, with the Top 3 enterprises occupying over 50% of the market share. At present, the main enterprises in the market include Abbott Labs, Becton Dickinson, Gerresheimer AG, etc. They have maintained their leading position in the market through continuous technological innovation and product upgrades.
Prefilled Syringe Output Value and Share of Main Companies in 2023
Companies
|
Output Value (Million USD)
|
Share
|
Becton Dickinson
|
2288
|
38.49%
|
Vetter Pharma International GmbH
|
398
|
6.69%
|
Gerresheimer AG
|
382
|
6.42%
|
Top3 Companies
|
3068
|
51.60%
|
Source: www.globalmarketmonitor.com
For more industry information, please refer to our latest released "2023 Global Prefilled Syringe Market Analysis Report, Key Competitors, Market Effect Factors, Growth, And Forecast".