Market OverviewFast-paced growth of the feature-rich devices with the underlying technical advancements allowing convenient and safer self-injections is anticipated to fuel market growth over the forecast period. Prefilled syringes help the healthcare practitioners in saving efforts and time while preparing the injection doses. Additionally, they help decrease the device-based and manual measuring errors and waste of active pharmacological ingredients while shifting solutions from vials to the syringe.
Advancement in the biopharmaceutical industry has direct positive impact on demand for the prefilled syringes as they aid minimize loss of potency though transferring biopharmaceuticals in the different containers. Some of biological drugs that are packed in prefilled syringes which include small, as well as large, particles such as monoclonal antibodies and antibody drug conjugates.
On the other hand, controlled production of the plastic syringes is challenging market growth. Contrary effects of the plastic products on environment are also restraining adoption of these devices. Though, major companies in field are trying to innovate advanced materials that can be recyclable, disposable, and appropriate for containing these injectable drugs. This factor is expected to augment market growth in near future.
Segment OverviewThe disposable segment led global market in 2019 and is estimated to remain dominant through forecast years owed to its varied applications. High inclination for patient safety has caused increased usage of the disposable devices in the homecare and hospitals settings. Moreover, the devices decrease contamination risks, which is projected to boost the demand.
However, reusable segment is anticipated to register fastest growth rate throughout the forecast period. Expansion of advanced auto-injectors, including VigiPen by VigiHealth, and i-Pen by Haselmeier AG has increased the segment growth.
Regional OverviewEurope is presently dominating global market owing to the growing demand for the prefilled syringes in region. Moreover, robust presence of the major market players including Schott Group, Gerresheimer AG, and Owen Mumford Ltd. is further likely to help increase the region’s growth.
The European Board of Anesthesiology (EBA) recommends use of the prefilled syringes for anaesthesia. Growing number of the surgeries due to numerous factors and the faster approval processes by numerous regulatory authorities are factors predictable to drive Europe regional market.
The Asia Pacific market is anticipated to grow at lucrative CAGR during forecast period. Rapidly emerging economies, such as China and India, and availability of the untapped growth prospects are key factors fuelling the region’s expansion. Furthermore, large patient population and the growing prevalence of numerous chronic diseases are anticipated to fuel sector growth in the region.
Competitor overviewPrice discrimination approach and public awareness campaigns implemented by the Mylan N.V. for its EpiPen, a patent protected device, an epinephrine injection, is resulting in growth of anaphylaxis application segment.
Prefilled products aid as a great tool for the storage of vaccines and the other biotech drugs, which are mostly unstable and are more prone to change the properties while shifting from vials. Lately U.S. FDA approved the Auvi Q by Kaléo. The device is planned for use in the life-threatening allergic responses in children and infants. Some of key players in global market are Schott Group, Gerresheimer AG, Unilife Corporation, Owen Mumford, Nipro Medical Corporation, and Haselmeier AG. The companies focus on organising investments to rise their manufacturing competences and hence sustain their revenue share.
Key Players
- Gerresheimer AG
- Schott Group
- Unilife Corporation
- Nipro Medical Corporation
- Owen Mumford
- Haselmeier AG
Market SegmentationBy Type
By Application
- Anaphylaxis
- Diabetes
- Rheumatoid Arthritis
- Others
By Distribution Channel
- Mail Order Pharmacies
- Hospitals
- Ambulatory Surgery Centers
By Geography
- North America
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- UAE
- Rest of LAMEA
Research Process
Data Library Research are conducted by industry experts who offer insight on
industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager
and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Primary Research
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary Research
Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size Estimation
Both, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model