Research Reports
Prefilled Syringes Drug Molecules Market is expected to register a CAGR of 5.7% By 2027
Prefilled syringes drug molecules are prefilled with medication by the manufactures and are supplied to end users in the ready-to-use form. The overall global investment in healthcare has increased in the last few years. Healthcare field solutions continue to be sought after to increase the quality of life, which provides significant opportunities for pharmaceutical companies.… Read More »Prefilled Syringes Drug Molecules Market is expected to register a CAGR of 5.7% By 2027
Published : 3 years ago, on
Prefilled syringes drug molecules are prefilled with medication by the manufactures and are supplied to end users in the ready-to-use form. The overall global investment in healthcare has increased in the last few years. Healthcare field solutions continue to be sought after to increase the quality of life, which provides significant opportunities for pharmaceutical companies. This has also contributed to the growth of various segments of the healthcare industry such as the prefilled syringes drug molecules market. A new research report by Future Market Insights titled ‘Prefilled Syringes Drug Molecules Market: Global Industry Analysis 2012–2016 and Opportunity Assessment 2017 – 2027’ briefs the scenario of the global prefilled syringes drug molecules market. According to the market analysis, the global prefilled syringes drug molecules market is expected to reach a market valuation of over US$ 70 Bn by the end of 2027, growing at a CAGR of 5.7% during the forecast period.
Global Prefilled Syringes Drug Molecules Market: Drivers and Opportunities
The report indicates that revenue growth of the market is mainly driven by the effectiveness, convenience and ease of use of prefilled syringes. This has attracted various healthcare professionals and patients to use prefilled syringes. In addition, the minimal contamination of drug molecules and self-administration of drugs at home settings have increased the demand for prefilled syringes drug molecules. Manufacturers are focussing on introducing updated technologies and advanced products in order to attract customers. Pharmaceutical companies are introducing generic versions for cost-effective auto-injector devices and are targeting emerging regions such as the Asia Pacific, Middle East and others in order to sustain and grow in the global prefilled syringes drug molecules market.
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Global Prefilled Syringes Drug Molecules Market: Segmental Analysis
- On the basis of region, North America is expected to lead the market with a huge margin. The North America prefilled syringes drug molecules market is expected to reach a market valuation of over US$ 23,000 Mn by the end of 2027, growing at a CAGR of 6.2% during the forecast period.
- On the basis of drug class, vaccines and insulin are anticipated to show quite similar forecast with a high revenue share and CAGR
- On the basis of application, immunisation dominates the global prefilled syringes drug molecules market with its projected revenue share. However, diabetes leads in terms of growth rate with 6.6% CAGR during the forecast period.
- In terms of end users, hospital pharmacies are expected to lead the global market with a market revenue of over US$ 32,000 Mn by 2027. However, online pharmacies are projected to register a higher growth rate of 6.2% during the forecast period.
Global Prefilled Syringes Drug Molecules Market: Competitive Landscape
This comprehensive research report consists of a brief profile of all the major players in the industry. Some of the top companies featured in the report are Amgen Inc., Teva Pharmaceutical Industries Ltd., AstraZeneca plc, Mylan N.V., Pfizer, Inc., Fresenius Kabi AG, Johnson & Johnson, Sanofi, Merck & Co. Inc., Novartis AG etc. The global prefilled syringes drug molecules market is highly competitive due to the presence of well-established top players. However, brands such as EpiPen auto Injector and BD Physioject disposable auto injector have strategically maintained their position in the market owing to a distinctive value proposition such as providing more precision and accurate dosage.
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Reasons to Buy the report
- We provide authentic and detailed an analysis on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
- Our analysts provide detailed market segmentation along with meaningful insights and extensive reports that other companies fail to include.
- The report includes accurate analysis of the market and the current developing trends affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.
FMI’s Healthcare Research Reports:
- Microneedle Drug Delivery Systems Market: A recent market study published by Future Market Insights (FMI) on the microneedle drug delivery systems market includes global industry analysis for 2015-2019 & opportunity assessment for 2020-2030
- Generic Oncology Drugs Market: A new market report published by Future Market Insights (FMI) comprises of a detailed analysis of the oncology drugs market. The report studies robust demand drivers by conducting extensive research
- Injectable Drug Delivery Market: Injectable Drug Delivery Market: Self-injectors to Remain Fastest Growing Product Type During the Forecast Period: Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028
About FMI
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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