Infinium Global Research Pre Filled Syringes Market | Page 2
Pre Filled Syringes Market: Trends and Forecast -2023
The Infinium Global Research analyzes the report of Pre Filled Syringes Market
over the period of 2017 to 2023. This report also provides detailed qualitative and
quantitative analyses of the market dynamics, market size and future trends in
Global Pre Filled Syringes Market. It will help a lot of decision makers to develop
strategies and find new opportunities in the Global markets of Pre Filled Syringes.
The report covers market changing aspects including drivers, restraints,
opportunities, and trends expected to encouragement the expansion of the Pre
Filled Syringes Market during the said period. The report also provides market
attractiveness analysis, by geography, and market share analysis, by key players
respectively. Some of the prominent participants in the Global Pre Filled Syringes
Market are Niulife Corporation, Consort Medical plc, Ypsomed Holding AG, Nipro
Corporation, West Pharmaceutical Services, Inc, SCHOTT AG, SHL Group and
Haselmeier AG. According to report the global pre filled syringes market is
projected to grow at a CAGR of 9.10% over the forecast period of 2017-2023.
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A pre filled syringe is a disposable syringe that is supplied already loaded with the
substance to be injected. Pre filled syringes have emerged as one of the fastest
growing choices for unit dose medication as the pharmaceutical industry seeks new
and more convenient drug delivery methods. Pharmaceutical companies are able to
minimize drug waste and increase product life span, while patients are able to self-
administer inject-able drugs at their home instead of the hospital with the help of
pre filled syringes. Pre filled syringe helps in lower overfill, provides greater
efficiency, reduces risk of dosage error and contamination, provide ease of use and
convenient for both medical professionals and patients.
Increasing chronic diseases which require frequent drug dosage, technological
advancements, convenience and benefits associated with pre filled syringes,
increase patient compliance, and increase home-based healthcare trend among the
people are the key factors driving the growth of pre filled syringes market. The
major restraints for pre filled syringes market are storage problem for this syringes
as they require refrigerator storage, cost associated with the manufacturing
process and strict government regulations. As pre filled syringes are becoming most
common for home-based inject-able drug administration for the treatment of
chronic disease, is considered to be a key opportunity for players in the market. The
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