The pre-filled syringes market has evidenced rapid growth in recent years. According to industry data, the market is projected to expand from $8.3 billion in 2024 to $9.46 billion in 2025, representing a compound annual growth rate (CAGR) of 14.0%. This impressive market growth over the historical period has been largely spurred by the growth in the pharmaceutical and biotechnology industry, an increase in demand for user-friendly and precise drug delivery systems and a rise in home healthcare and self-administration.
Future projections for the market are likewise optimistic, underpinning a predicted surge to $16.42 billion in 2029 at a compound annual growth rate (CAGR) of 14.8%. Growth over this forecast period is linked to the anticipated expansion of biodegradable and sustainable materials, innovation in connected and smart syringes, and wider adoption in long-acting injectable medications.
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What is Driving the Growth of the Pre Filled Syringes Market?
The rise in home-based healthcare is poised to positively disrupt the pre-filled syringe market in the upcoming years. Home-based healthcare encompasses the delivery of medical treatment and support to patients within the comfort of their homes. The pre-filled syringe market is set to cater to this burgeoning demand, given its emphasis on precise dosing, reducing risk of contamination, and fostering improved patient compliance, all crucial factors that augment the quality of delivered home care.
Which are the Key Segments in the Pre-Filled Syringes Market?
1) By Type: Conventional Prefilled Syringes, Safety Prefilled Syringes
2) By Material: Glass Prefilled Syringes, Plastic Prefilled Syringes
3) By Design: Single-Chamber Prefilled Syringes, Dual-Chamber Prefilled Syringes, Customized Prefilled Syringes
4) By Application: Diabetes, Rheumatoid Arthritis, Anaphylaxis, Cancer, Thrombosis, Ophthalmology, Other Applications
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Who are the Key Players in the Pre Filled Syringes Market?
Major companies operating in the pre-filled syringes market include Becton, Dickinson and Company, Gerresheimer AG, Schott & Associates Glass Technology Laboratory, West Pharmaceutical Services Inc., Baxter International, Nipro Corporation, Terumo Corporation, Vetter Pharma International GmbH, Stevanato Group SPA, Shandong Weigao Group Medical Polymer Company Ltd., Novartis AG, Catalent Inc., Unilife Corporation, Eli Lilly and Company, Bayer AG, Pfizer Inc., Bristol-Myers Squibb Co., F. Hoffman-La Roche Ltd., AbbVie Inc., Owen Mumford Holdings Ltd., AptarGroup Inc., Medtronic Plc, Abbott Laboratories, Fresenius Kabi India Pvt. Ltd., Medical Protective Ltd., Mylan NV, Elcam Medical Inc., YPSOMED Holding AG, Oval Medical Technologies, SHL Medical, ACASI Machinery Inc., Bespak Holdings Ltd., BioPharma Solutions, Catalent Pharma Solutions, Credence MedSystems Inc., Hasemeier Inc., Intas Pharmaceuticals Ltd., Intelicure Lifesciences, Mycoscience Labs.
What are the Main Trends in the Pre Filled Syringes Market?
One noteworthy trend emerging is the investment in next-generation pre-filled syringes by companies in the market. These syringes elevate patient safety, improve drug delivery, and enable connectivity and usability, effectively transforming the healthcare experience.
What is the Regional Analysis of the Pre Filled Syringes Market?
In 2024, Europe stood as the largest region in the pre-filled syringes market. Other covered regions in the report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, and the Middle East and Africa.
What Does The Pre Filled Syringes Market Report 2025 Offer?
Pre-filled syringes are syringes that are supplied with the substance to-be injected already in them. These syringes are used to accurately deliver the contents to the desired location. The Pre Filled Syringes Market research report from The Business Research Company presents global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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