Prefilled syringes represent one of the fastest growing segments among the injectable drug delivery devices market. It is mainly due to the various advantages associated with the use of prefilled syringes such as ease of administration, reduced risk of cross contamination, less overfill and ease of handling.

1. Global Prefilled Syringes Market Gains Traction with
Declining use of Vials, to be Worth US$4.98 bn by 2019
By the end of 2019, the pre-filled syringes market will account for US$4.98 bn in
revenue, say projections from Transparency Market Research. The business
intelligence firm, in its latest report, titled ‘Prefilled Syringes Market - Global
Industry Analysis, Size, Volume, Share, Growth, Trends and Forecast, 2013 - 2019’,
states that the market was worth US$2.09 bn in 2012. Based on these projections, the
global prefilled syringes market is expected to exhibit a CAGR of 13.3% from 2013 to
2019.
The global prefilled syringes market is currently one of the fastest growing segments
of the global market for injectable drug delivery devices. According to a research
report published by Transparency Market Research, the global prefilled syringes
market will expand at a significant 13.3% CAGR over the period 2013-2019. If these
projections hold true, the market, which had a valuation of US$2.09 bn in 2012, will
likely rise to US$4.98 bn by 2019.
The several advantages of prefilled syringes over the conventional drug and ampoule-
based syringes, such as cost-efficiency (especially in case of expensive biotech
products), accurate dosage, reduced risks of needle-stick injuries, and ease and
flexibility of use, are the primary factors leading to an increase in demand for prefilled
syringes worldwide.
Use of Polymers for Manufacturing Prefilled Syringes Constantly Rises, but
Glass Still Most Preferred
Glass has traditionally been the most preferred material used for manufacturing
syringe barrels, and to date, remains highly popular among medical device and drug
manufacturers. Over 90% of all applications in the global prefilled syringes market
use glass in the present-day scenario. However, the market has started shifting to a
variety of polymers for manufacturing prefilled syringe barrels. Though a large scale
transformation in this regard will be a gradual process, the market for plastic/polymer

2. prefilled syringes is projected to expand at an exponential 25% CAGR over 2013-
2019. The flexibility in design allowed by polymers is the key factor that is making
them more attractive in the pharmaceutical industry.
Europe Arises as Leading Regional Market, but North America to Lead in
Future
Europe is currently the dominant regional market for prefilled syringes in the global
market, in terms of both unit sales as well as revenues. However, North America is
projected to dominate the global market in the near future, mainly owing to the
presence of several international pharmaceutical giants in the region and the rising
shift from vials to prefilled syringes. Over 2013-2019, the market for prefilled
syringes is projected to expand at a 15% CAGR in North America, allowing it to
swiftly take up the top position in the global market by 2019.
Asia Pacific, which is considered less of a leader than follower when it comes to the
adoption of technological innovations in the healthcare industry, is also expected to
become a lucrative marketplace for the global prefilled syringes market. Factors such
strengthening economies, rising disposable incomes, and increased healthcare
expenditure in the region will lead to the increased adoption of prefilled syringes in
the near future. Factors such as the rising patient pool of people suffering from a
variety of chronic diseases and modernizing healthcare infrastructures will also
positively impact the market for prefilled syringes in the region.
Browse Full Research Report on Prefilled Syringes Market:
http://www.transparencymarketresearch.com/prefilled-syringes-market.html
The highly oligopolistic global market for prefilled syringes had the top five vendors
collectively accounting for a dominant share of 85% in the global market in 2012.
Some of the other major vendors operating in the global prefilled syringes market are
companies such as Schott AG, Becton, Dickinson & Company, Stevanato Group,
Nipro Corporation, and Gerresheimer AG.
The global prefilled syringes market is segmented as follows:
Prefilled Syringes Market, by Segment
•Glass Prefilled Syringes Market

3. oBy Revenue (USD Million)
oBy Volume (Million units)
•Plastic Prefilled Syringes Market
oBy Revenue (USD Million)
oBy Volume (Million units)
Prefilled Syringes Market, by Geography
•North America
•Europe
•Asia-Pacific
•Rest of the World (RoW)
Browse Full Press Release on Prefilled Syringes Market:
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