Prefilled Syringes Market Analysis

Application (Diabetes, Multiple Sclerosis, Anaphylaxis, Cancer)

The global prefilled syringes market is segmented and analyzed for demand and supply by application into diabetes, multiple sclerosis, anaphylaxis, cancer and others. Out of the five applications of prefilled syringes, the diabetes segment is estimated to gain the largest market share of about 54% in the year 2037. The growth of the segment can be attributed to the increasing prevalence of diabetes across the globe. The need for pre-filled syringes and insulin is expected to rise along with the prevalence of diabetes. For instance, insulin shots are necessary to maintain normal blood sugar levels in patients with diabetes. Pre-filled syringes offer a quick and convenient way to inject insulin at home or on the go for patients with diabetes who need frequent dosage. Further, the rising popularity of self-medication is projected to boost demand for pre-filled syringes among diabetic patients as it decreases the need for frequent trips to medical facilities. According to estimates, diabetes affected over 37 million Americans in 2019.

Material (Glass-Based, Plastic Based)

The global prefilled syringes market is also segmented and analyzed for demand and supply by material into glass-based, and plastic based. Amongst these two segments, the glass-based segment is expected to garner a significant share of around 54% in the year 2037. Drug makers prefer glass-based prefilled syringes owing to their superior barrier qualities. Oxygen and water vapor are shielded from drug molecules by the barrier qualities of glass. For instance, glass is utilized in over 90% of PFSs. Besides this, glass provides long-term drug stability for biopharmaceuticals. This, as a result, is anticipated to create numerous opportunities for the growth of the segment in the coming years.

Our in-depth analysis of the global market includes the following segments: