Pre-filled Syringes Market Will Register an Incremental Growth of Over $4 Billion by 2024 | Technavio

·5 min read

Technavio has been monitoring the pre-filled syringes market, operating under the healthcare sector. The latest report on pre-filled syringes market, 2020-2024 estimates it to register an incremental growth of $ 4.23 bn. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Pre-filled Syringes Market 2020-2024 (Graphic: Business Wire)

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The market is fragmented, and the degree of fragmentation will decelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage on the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Baxter International Inc., Becton, Dickinson and Co., Recipharm AB, Fresenius SE & Co. KGaA, Medtronic Plc, Mylan NV, Nipro Corp., Novartis AG, SCHOTT AG, and Terumo Corp. are among some of the major market participants.

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Increasing adoption by pharmaceutical companies has been instrumental in driving the growth of the market. However, competition from alternative drug delivery systems might hamper market growth.

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Pre-filled Syringes Market 2020-2024: Segmentation

Pre-filled Syringes Market is segmented as below:

  • Material

    • Glass Pre-filled Syringes

    • Plastic Pre-filled Syringes

  • Geography

    • Europe

    • North America

    • APAC

    • ROW

Based on geographic segmentation, over 37% of the market growth originated from North America during the forecast period. In addition, glass pre-filled syringes led the growth under the materials segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the pre-filled syringes market size.

Pre-filled Syringes Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The pre-filled syringes market report covers the following areas:

  • Pre-filled Syringes Market Size

  • Pre-filled Syringes Market Trends

  • Pre-filled Syringes Market Industry Analysis

This study identifies an increasing number of biopharmaceuticals as one of the prime reasons driving the pre-filled syringes market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Pre-filled Syringes Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024

  • Detailed information on factors that will assist pre-filled syringes market growth during the next five years

  • Estimation of the pre-filled syringes market size and its contribution to the parent market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the pre-filled syringes market

  • Analysis of the market’s competitive landscape and detailed information on vendors

  • Comprehensive details of factors that will challenge the growth of pre-filled syringes market vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem

  • Value chain analysis

Market Sizing

  • Market definition

  • Market segment analysis

  • Market size 2019

  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary

  • Bargaining power of buyers

  • Bargaining power of suppliers

  • Threat of new entrants

  • Threat of substitutes

  • Threat of rivalry

  • Market condition

Market Segmentation by Material

  • Market segments

  • Comparison by Material

  • Glass pre-filled syringes - Market size and forecast 2019-2024

  • Plastic pre-filled syringes - Market size and forecast 2019-2024

  • Market opportunity by Material

Market Segmentation by Application

  • Insulin pre-filled syringes

  • Vaccine pre-filled syringes

  • Anticoagulant pre-filled syringes

  • Others

Market Segmentation by End-user

  • Hospitals and clinics

  • Home healthcare

Customer landscape

Geographic Landscape

  • Geographic segmentation

  • Geographic comparison

  • Europe - Market size and forecast 2019-2024

  • North America - Market size and forecast 2019-2024

  • APAC - Market size and forecast 2019-2024

  • ROW - Market size and forecast 2019-2024

  • Key leading countries

  • Market opportunity by geography

  • Volume drivers – Demand led growth

  • Volume driver – External factors

  • Market challenges

  • Market trends

Vendor Landscape

  • Vendor landscape

  • Landscape disruption

Vendor Analysis

  • Vendors covered

  • Market positioning of vendors

  • Baxter International Inc.

  • Recipharm AB

  • Fresenius SE & Co. KGaA

  • Medtronic Plc

  • Mylan NV

  • Nipro Corp.

  • Novartis AG

  • SCHOTT AG

  • Terumo Corp.

Appendix

  • Scope of the report

  • Currency conversion rates for US$

  • Research methodology

  • List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201030005073/en/

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