Market for pre-filled syringes is expected to account for over $3.2 Billion in revenue by the end of 2015
- Written by Editor
In addition, pre-filled syringes also offer a variety of economic benefits to pharmaceutical companies including a reduction in drug overfill and waste, which increases the saleable yield of the API (Active Pharmaceutical Ingredient).
It is estimated that the market for pre-filled syringes will account for over $3.2 Billion in revenue by the end of 2015. Despite challenges relating to drug stability, manufacturing and competition from other drug delivery technologies, the market is poised for significant growth in the coming years. Expected to grow at a CAGR of 13% between 2015 and 2020, the market will account for nearly $6 Billion in revenue by the end of 2020.
The “Pre-Filled Syringes Market: 2015 – 2030 – Opportunities, Challenges, Strategies & Forecasts” report presents an in-depth assessment of the pre-filled syringes ecosystem including technology, market drivers, challenges, investment potential, leading therapies, use cases, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents market size forecasts for pre-filled syringe unit sales from 2015 through to 2030. The forecasts are further segmented for 4 horizontal submarkets, 10 drug classes, 5 regions and 13 leading countries.
The report comes with an associated Excel datasheet suite covering quantitative data from all numeric forecasts presented in the report.
"Key Findings:The report has the following key findings: - It is estimated that the market for pre-filled syringes will account for over $3.2 Billion in revenue by the end of 2015. Expected to grow at a CAGR of 13% between 2015 and 2020, the market will account for nearly $6 Billion in revenue by the end of 2020 - Many pre-filled syringe manufacturers now also offer integrated automatic needle shielding or retractable needle options - While glass continues to remain the gold standard for pre-filled syringes, the proportion of plastic based pre-filled syringes is expected to increase by 5% between 2015 and 2020, due to concerns of glass breakage and plunger failure - A number of pre-filled syringe manufacturers have developed dual and multi chambered syringes, to cater for drugs that must be reconstituted at the point of delivery - Pre-filled pen systems and auto-injectors will grow at a CAGR of more than 20% over the next five years
Topics Covered:The report covers the following topics: - Pre-filled syringes ecosystem - Market drivers and barriers - Technology, safety mechanisms and key trends - Pen systems and auto-injectors - Industry roadmap and value chain - Analysis of leading drug classes and pre-filled syringe therapies - Profiles and strategies of 55 leading ecosystem players, including manufacturers and pharmaceutical giants - Strategic recommendations for ecosystem players - Market analysis and forecasts from 2015 till 2030
"Abbott LaboratoriesAmgenAMRI (Albany Molecular Research, Inc.)Aptar StelmiAptarGroupArtemes TechnologiesAstraZenecaBattelleBaxter International (Baxter BioPharma Solutions)BD (Becton, Dickinson and Company)BespakBioconBioneerBoehringer IngelheimBSM (Bristol-Myers Squibb)Catalent Pharma SolutionsChugai PharmaceuticalsColdstream LaboratoriesConsort MedicalCovidienDaiko SeikoDätwyler HoldingElcam MedicalEli Lilly and CompanyFDA (U.S. Food and Drug Administration)Fischer Clinical ServicesGenentechGerresheimerGSK (GlaxoSmithKline)HaselmeierHospiraHyaluronJanssen BiotechJanssen Research & DevelopmentJohnson & JohnsonLaboratorios Farmacéuticos ROVILiebmann GroupLTI (Lyophilization Technology, Inc.)MediletMedPro Safety ProductsMedtronicMerck and Co.MGlasNipro CorporationNovartis InternationalNovo NordiskOmpi (Stevanato Group)Owen MumfordPA ConsultingPfanstiehlPfizerRevolutions Medical CorporationRoche Holding (F. Hoffmann-La Roche)RoselabsSafety SyringesSanofiSchottSHL GroupTakeda Pharmaceutical CompanyTerumo CorporationTerumo EuropeTeva Pharmaceutical IndustriesUnilife CorporationVentanaVetter Pharma (Vetter Pharma-Fertigung GmbH & Co. KG)Weigao Group (Shandong Weigao Group Medical Polymer Co.)West Pharmaceutical ServicesYpsomed HoldingYukon MedicalZogenix
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