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Prefilled Syringe Packaging Market Forecasts to 2030 – Global Analysis By Type (Single-Chamber, Dual-Chamber, Customized and Other Types), Material Type, Distribution Channel, Application, End User and By Geography

Published Jun 06, 2024
Length 200 Pages
SKU # SMR18928234

Description

Prefilled Syringe Packaging Market Forecasts to 2030 – Global Analysis By Type (Single-Chamber, Dual-Chamber, Customized and Other Types), Material Type, Distribution Channel, Application, End User and By Geography


According to Stratistics MRC, the Global Prefilled Syringe Packaging Market is growing at a CAGR of 14.2% during the forecast period. Prefilled syringe packaging is the specialized containers designed to store and protect pharmaceutical products, such as vaccines or medications, within a syringe ready for administration. These containers are meticulously engineered to maintain sterility, ensure accurate dosage delivery, and safeguard the contents from contamination or damage until use. The packaging typically includes features like tamper-evident seals, sterile barriers, and ergonomic designs that facilitate easy handling and safe injection practices in clinical settings, thereby enhancing convenience, safety, and efficiency in healthcare delivery.

Market Dynamics:

Driver:

Rising prevalence of chronic diseases

The rising prevalence of chronic diseases is a key driver in the expansion of the market. As the incidence of conditions such as diabetes, rheumatoid arthritis, and various autoimmune diseases increases globally, there is a growing demand for efficient drug delivery systems. Prefilled syringes offer advantages in terms of convenience, accuracy of dosage, and reduced risk of contamination, making them increasingly favored by healthcare providers and patients alike. This trend underscores the market's rapid growth and evolution towards meeting healthcare challenges effectively.

Restraint:

Stringent regulatory requirements

The market faces significant challenges due to stringent regulatory requirements. Compliance with various safety and quality standards, including those set by health authorities demands meticulous attention to detail in manufacturing, labeling, and distribution processes. Companies must invest heavily in research, testing, and documentation to ensure products meet regulatory expectations, which can lead to extended timelines and increased costs. Adherence to these regulations is crucial for gaining market approval and maintaining patient trust in the safety and efficacy of prefilled syringe products.

Opportunity:

Growing adoption of self-injection devices

The market is experiencing a significant rise in self-injection device adoption. This trend is driven by the convenience and control it offers to patients managing chronic conditions such as diabetes and rheumatoid arthritis. Self-injection devices enable easy and accurate administration of medication at home, reducing healthcare visits and enhancing patient autonomy. This shift marks a transformative evolution in healthcare delivery, catering to the growing preference for self-care and personalized treatment options among patients globally.

Threat:

High cost

The market faces significant cost challenges. Factors such as specialized materials, stringent regulatory requirements, and complex assembly processes contribute to high production costs. Additionally, ensuring sterility and compatibility with various drugs adds to expenses. These costs are further impacted by the need for innovative technologies to improve safety and usability. Companies are continually seeking efficiencies to mitigate costs while maintaining product quality and regulatory compliance.

Covid-19 Impact:

The COVID-19 pandemic significantly impacted the Prefilled Syringe Packaging market, driving increased demand due to vaccine production and distribution efforts worldwide. Manufacturers faced challenges in meeting heightened production requirements while ensuring supply chain resilience and regulatory compliance. Innovations in packaging materials and sterilization techniques also emerged to enhance safety and efficiency. Despite initial disruptions, the market experienced growth as healthcare systems prioritized vaccination campaigns, highlighting the critical role of prefilled syringes in pandemic response and future healthcare strategies.

The vaccines segment is expected to be the largest during the forecast period

The vaccines is expected to be the largest during the forecast period due to advantages such as ease of administration, reduced risk of contamination, and precise dosing accuracy. This packaging format also enhances vaccine distribution efficiency, particularly in remote and resource-limited areas. The trend towards prefilled syringes is driven by healthcare professionals' preference for ready-to-use solutions, which streamline vaccination processes and improve patient compliance.

The hospitals segment is expected to have the highest CAGR during the forecast period

The hospitals segment is expected to have the highest CAGR during the forecast period. These attributes enhance efficiency in healthcare settings, streamline medication administration, and minimize waste. Additionally, prefilled syringes contribute to infection control protocols and are favored in emergency situations for their immediate usability. As hospitals prioritize patient-centric care and operational efficiency, the demand for prefilled syringe packaging continues to grow steadily.

Region with largest share:

North America is projected to hold the largest market share during the forecast period driven by increasing demand for ready-to-use drug delivery systems. Key factors include advancements in biotechnology, rising prevalence of chronic diseases and a shift towards self-administration of drugs. Regulatory initiatives promoting safety and convenience further propel market expansion. The region's competitive landscape features prominent players focusing on innovation and sustainability in packaging solutions, anticipating continued growth.

Region with highest CAGR:

Asia Pacific is projected to hold the highest CAGR over the forecast period. The aging population in countries like Japan and South Korea is boosting the demand for chronic disease treatments, which often require injectable therapies delivered via prefilled syringes. Regulatory agencies in the region are increasingly approving prefilled syringes for a wider range of drug formulations, which expands the market opportunities. Innovations in prefilled syringe materials and designs, including advancements in needle safety and drug stability, are driving market growth.

Key players in the market

Some of the key players in Prefilled Syringe Packaging market include Becton, Dickinson and Company (BD), Gerresheimer, Schott AG, Nipro Corporation, AptarGroup, Inc., SHL Group, Weigao Group, Haselmeier GmbH, Lonza Group, Zeon Corporation, Syntegon Technology GmbH, West Pharmaceutical Services, Inc. , ROVI Contract Manufacturing, Catalent, Inc., Terumo Corporation and Topas Advanced Polymers GmbH.

Key Developments:

In March 2024, SCHOTT Pharma expanded in the U.S. with New Prefillable Syringe Manufacturing Facility in Wilson, North Carolina. The new site will expand the U.S. supply chain for in-demand syringes that deliver lifesaving injectable medicines, vaccines, and other fields of applications, allowing SCHOTT Pharma to triple its contribution of glass and polymer syringes to the U.S. market by 2030.

In March 2023, SCHOTT launched production of amber pharma glass in India to meet increasing demand. Strategic move increases availability of borosilicate glass variations to manufacturers of pharma packaging in India and Asia

Types Covered:
• Single-Chamber
• Dual-Chamber
• Customized
• Other Types

Material Types Covered:
• Plastic
• Glass

Distribution Channels Covered:
• Direct Sales
• Specialty Pharmacies
• Retail Pharmacies
• Online Pharmacies

Applications Covered:
• Vaccines
• Monoclonal Antibodies
• Rheumatoid Arthritis
• Anaphylaxis
• Other Applications

End Users Covered:
• Ambulatory Surgical Centers (ASCs)
• Home Care Settings
• Hospitals
• Clinics
• Other End Users

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Table of Contents

200 Pages
1 Executive Summary
2 Preface
2.1 Abstract
>
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
>
3.3 Restraints
3.4 Opportunities
3.5 Threats
>
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Prefilled Syringe Packaging Market, By Type
5.1 Introduction
5.2 Single-Chamber
5.3 Dual-Chamber
5.4 Customized
>
5.5 Other Types
6 Global Prefilled Syringe Packaging Market, By Material Type
6.1 Introduction
6.2 Plastic
>
6.2.1 Polypropylene
6.2.2 Cyclic Olefin Copolymer (COC)
6.2.3 Cyclic Olefin Polymer (COP)
6.3 Glass
>
7 Global Prefilled Syringe Packaging Market, By Distribution Channel
7.1 Introduction
7.2 Direct Sales
7.3 Specialty Pharmacies
7.4 Retail Pharmacies
7.5 Online Pharmacies
8 Global Prefilled Syringe Packaging Market, By Application
8.1 Introduction
8.2 Vaccines
>
8.3 Monoclonal Antibodies
8.4 Rheumatoid Arthritis
8.5 Anaphylaxis
8.6 Other Applications
9 Global Prefilled Syringe Packaging Market, By End User
9.1 Introduction
9.2 Ambulatory Surgical Centers (ASCs)
9.3 Home Care Settings
9.4 Hospitals
>
9.5 Clinics
>
9.6 Other End Users
10 Global Prefilled Syringe Packaging Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
>
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Becton, Dickinson and Company (BD)
12.2 Gerresheimer
12.3 Schott AG
12.4 Nipro Corporation
12.5 AptarGroup, Inc.
12.6 SHL Group
12.7 Weigao Group
12.8 Haselmeier GmbH
12.9 Lonza Group
12.10 Zeon Corporation
12.11 Syntegon Technology GmbH
12.12 West Pharmaceutical Services, Inc.
12.13 ROVI Contract Manufacturing
12.14 Catalent, Inc.
12.15 Terumo Corporation
12.16 Topas Advanced Polymers GmbH
List of Tables
Table 1 Global Prefilled Syringe Packaging Market Outlook, By Region (2022-2030) ($MN)
Table 2 Global Prefilled Syringe Packaging Market Outlook, By Type (2022-2030) ($MN)
Table 3 Global Prefilled Syringe Packaging Market Outlook, By Single-Chamber (2022-2030) ($MN)
Table 4 Global Prefilled Syringe Packaging Market Outlook, By Dual-Chamber (2022-2030) ($MN)
Table 5 Global Prefilled Syringe Packaging Market Outlook, By Customized (2022-2030) ($MN)
Table 6 Global Prefilled Syringe Packaging Market Outlook, By Other Types (2022-2030) ($MN)
Table 7 Global Prefilled Syringe Packaging Market Outlook, By Material Type (2022-2030) ($MN)
Table 8 Global Prefilled Syringe Packaging Market Outlook, By Plastic (2022-2030) ($MN)
Table 9 Global Prefilled Syringe Packaging Market Outlook, By Polypropylene (2022-2030) ($MN)
Table 10 Global Prefilled Syringe Packaging Market Outlook, By Cyclic Olefin Copolymer (COC) (2022-2030) ($MN)
Table 11 Global Prefilled Syringe Packaging Market Outlook, By Cyclic Olefin Polymer (COP) (2022-2030) ($MN)
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Table 12 Global Prefilled Syringe Packaging Market Outlook, By Glass (2022-2030) ($MN)
Table 13 Global Prefilled Syringe Packaging Market Outlook, By Distribution Channel (2022-2030) ($MN)
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Table 14 Global Prefilled Syringe Packaging Market Outlook, By Direct Sales (2022-2030) ($MN)
Table 15 Global Prefilled Syringe Packaging Market Outlook, By Specialty Pharmacies (2022-2030) ($MN)
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Table 16 Global Prefilled Syringe Packaging Market Outlook, By Retail Pharmacies (2022-2030) ($MN)
Table 17 Global Prefilled Syringe Packaging Market Outlook, By Online Pharmacies (2022-2030) ($MN)
Table 18 Global Prefilled Syringe Packaging Market Outlook, By Application (2022-2030) ($MN)
Table 19 Global Prefilled Syringe Packaging Market Outlook, By Vaccines (2022-2030) ($MN)
Table 20 Global Prefilled Syringe Packaging Market Outlook, By Monoclonal Antibodies (2022-2030) ($MN)
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Table 21 Global Prefilled Syringe Packaging Market Outlook, By Rheumatoid Arthritis (2022-2030) ($MN)
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Table 22 Global Prefilled Syringe Packaging Market Outlook, By Anaphylaxis (2022-2030) ($MN)
Table 23 Global Prefilled Syringe Packaging Market Outlook, By Other Applications (2022-2030) ($MN)
Table 24 Global Prefilled Syringe Packaging Market Outlook, By End User (2022-2030) ($MN)
Table 25 Global Prefilled Syringe Packaging Market Outlook, By Ambulatory Surgical Centers (ASCs) (2022-2030) ($MN)
Table 26 Global Prefilled Syringe Packaging Market Outlook, By Home Care Settings (2022-2030) ($MN)
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Table 27 Global Prefilled Syringe Packaging Market Outlook, By Hospitals (2022-2030) ($MN)
Table 28 Global Prefilled Syringe Packaging Market Outlook, By Clinics (2022-2030) ($MN)
Table 29 Global Prefilled Syringe Packaging Market Outlook, By Other End Users (2022-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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