Global Prefilled Syringes Drug Molecules Market: Increased demand of point of care devices and self-administration of drugs is growing the market

Prefilled Syringes Drug Molecules Market

This Future Market Insights (FMI) report examines the ‘Global Prefilled Syringes Drug Molecules Market’ for the period of 2012-2016 and 2017–2027. The primary objective of the report is to offer updates and information related to market opportunities in the global prefilled syringes drug molecules market.

This Future Market Insights (FMI) report examines the global prefilled syringes drug molecules market for the period 2017–2027. The primary objective of the report is to offer insights into developments in the prefilled syringes drug molecules market that are effecting the global businesses and enterprises.

Prefilled syringes are specialized instruments to which needle have been fixed by the manufactures. These are the revolutionary instruments which are invented to ensure complete dosage with painless drug delivery. They are generally available in a single dose disposable syringes. The prefilled syringes drug molecules have gain popularity among the patients mainly due to disadvantages of traditional procedures. The advantages of prefilled syringe over traditional vials and ampoules include user-centric design of devices, elimination of lengthy process of drug administration in syringe, low dosage error and others. In addition, the manufactures are able to develop low cost products as the prefilled syringes eliminates the need of overfilling of medications, unlike vials.

Factors such as rising prevalence of anaphylaxis, arrhythmias, and diabetes is anticipate to increase the consumption of prefilled syringe over the forecast period. Factors like growing number of drugs in new therapeutic classes, growing patient preferences for prefilled syringes in emergency care and increasing number of key participants manufacturing generic versions are anticipated to enhance the growth of global prefilled syringes drug molecules market over the forecast period. The introduction of smart prefilled devices such as auto-injectors equipped with additional features and technology is providing value passed healthcare outcomes such as data management, drug safety and others will definitely boost the sales revenue of the global prefilled syringes.

Sale of prefilled syringes drug molecules is relatively healthy in the U.S. market in the recent years, making North America the most lucrative region globally. North America prefilled syringes drug molecules market is estimated to value at US$ 12,684.6 Mn in 2017, with the U.S. accounting for majority of revenue share. By drug class, Vaccine segment accounted for higher revenue share in global prefilled syringes drug molecules market as compared to the other drug class segments. Insulin segment is expected to reach a value of US$ 13,285.3 Mn by 2017, reflecting a CAGR of 6.6% over the forecast period.

By application, immunization segment accounted for highest revenue share and is expected to reflect CAGR of 5.6% over the forecast period. The growing preference for self-administration of drugs through usage of pre-filled syringes is expected to fuel the market growth as it supports patients to save on large caregiver fees. Following this opportunity manufacturers are expected to cash in on profits through introduction of this drug delivery medium among their portfolio.

The prefilled syringes drug molecules market segmented as follows: Prefilled syringes drug molecules market, by drug class, Prefilled syringes drug molecules market, by application, Prefilled syringes drug molecules market, by end-user, Prefilled syringes drug molecules market , by region

This report covers the global prefilled syringes drug molecules market performance in terms of revenue contribution from various segments. This section also includes FMI analysis of key trends, drivers, restraints and opportunities, which are influencing growth of the global prefilled syringes drug molecules market. Impact analysis of key growth drivers and restraints are included in this report to better equip clients with crystal clear decision-making insights.

The prefilled syringes drug molecules market report begins with an overview of the prefilled syringes and its definitions. This section also underlines factors influencing growth of prefilled syringes drug molecules market along with detailing of the key trends, drivers, restraints, and opportunities. Furthermore, FMI provides a competitive landscape to the companies and their strategic developments.

The next section of the report analyses the market based on drug class and presents the forecast in terms of value for the next 10 years. Drug class segment covered in the report include: Vaccines, Insulin, Adrenaline, Opioids, Others

The next section of the report analyses the market based on application and presents the forecast in terms of value for the next 10 years. application covered in the report include: Cardiovascular Diseases, Diabetes, Immunization, Pain Management, Others; Subsequent section covers the market analysis based on end user and present the forecast in terms of value for next 10 years. End users considered in the report include: Hospital Pharmacies, Retail Pharmacies Online Pharmacies, Drug Stores

The next section of the report highlights the growth trends of the prefilled syringes drug molecules market by regions. It provides a market outlook for 2017–2027 and sets the forecast within the context of the prefilled syringes drug molecules market. The study discusses key regional trends contributing to growth of the prefilled syringes drug molecules market worldwide, as well as analyses the extent to which drivers are influencing this market in each region. Key regions assessed in this report include North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and MEA. North America region is expected to emerge dominant and most attractive over the forecast period. Regions covered in the report include: North America,  Canada, Latin America, Brazil, Mexico, Rest of Latin America, Western Europe, UK, France, Germany, Italy, Spain, Nordics, Rest of Europe, Eastern Europe- Russia, Poland, Rest of Eastern Europe, Asia Pacific excluding Japan (APEJ), China, India, Australia and New Zealand, ASEAN, Rest of APEJ, Japan, Middle East & Africa (MEA), GCC Countries, South Africa, Rest of Middle East and Africa

In addition, we have taken into consideration the year-on-year growth to understand the predictability of the market and to identify the right growth opportunities in the global prefilled syringes drug molecules market. Another key feature of this report is the analysis of key segments in terms of absolute dollar opportunity. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical for assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective.

In the final section of the report on prefilled syringes drug molecules market, the ‘Competitive Landscape’ is included to provide report audiences with a dashboard view, to access the key differentiators among the competitor firms. Detailed company profiles include company-specific long-term and short-term strategies, key offerings and recent developments in the prefilled syringes drug molecules market. Key competitors covered in terms of manufacturers include Amgen Inc., Teva Pharmaceutical Industries Ltd., AstraZeneca plc, Mylan N.V., Pfizer, Inc., Fresenius Kabi, Sanofi AG, Merck & Co. Inc., Johnson and Johnson, and Novartis AG among others.

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About Sabyasachi Ghosh 38 Articles
Sabyasachi Ghosh is an experienced market research analyst and consultant, with over six years of experience in end-to-end project management. He has worked at numerous leadership positions and has a vast experience of compiling high-quality market research reports. Sabyasachi is an authoritative voice in the market research sector, and has been cited in top industry publications. He is a travel junkie, and loves to travel far and wide with his friends.