With the increasing population, the incidence rates of various chronic diseases, such as diabetes, autoimmune disorders, cardiovascular disorders and oncological disorders, are witnessing an upward trend.

The global prefilled syringes market size is estimated to grow from USD 3.02 billion in 2024 to USD 4.97 billion by 2035, representing a CAGR of 4.6% during the forecast period till 2035.

It is worth noting that various innovative prefilled syringes have been launched, over the years; manufacturers across the world are focusing on incorporating latest technological innovations in their products, improving quality and offering a competitive edge over other stakeholders.

Notably, around 40% of the partnerships related to prefilled syringes were reported in 2021; majority of the partnerships in this domain were technology integration agreements.

Increase in the intellectual capital- an evidence for progression in rd activity for prefilled syringes and its components. Over 1,300 patents related to prefilled syringes and its associated components have been filed / granted, indicating the heightened pace of innovation in this domain. As can be observed in the figure, most of the patents in this domain were patent applications (not having received approval yet). Majority (50%) of the patents were filed / granted in North America, followed by those filed / granted in Europe (19%), WIPO (22%), and Asia-Pacific and rest of the world (9%). Despite the large number of patents that have been filed recently (and hence having a long remaining patent life), only 3% of the total patents filed in this domain have a significantly higher relative valuation. This is primarily because of the relatively low citations of the patents that have been filed recently, leading to low patent value.

The prefilled syringes market is anticipated to grow at a steady pace, till 2035. The different driving factors for the prefilled syringes market include the growing prevalence of chronic diseases (requiring long-term treatments), rising development of biologics (requiring precise dosing) and increasing trend towards self-administration. Our estimates suggest that, in 2023, the maximum revenue generated in this domain is likely to be driven by specialty syringes; this trend is unlikely to change in the foreseen future as well. Presently, the majority share (50%) of the sales revenues is generated by therapeutic prefilled syringes storing proteins, followed by therapeutic prefilled syringes storing antibodies (31%). It is worth mentioning that, in 2035, blood disorders are likely to dominate the prefilled syringe market. In terms of type of barrel material, the market is likely to be dominated by glass prefilled syringes. Furthermore, over 70% of the market share is captured by single chamber prefilled syringes; however, the dual chamber prefilled syringes market is anticipated to grow at a relatively faster pace.

In 2023, maximum revenue generated in prefilled syringe domain is likely to be driven by the disposable prefilled syringes, followed by reusable prefilled syringes. In terms of type of syringe, more than 65% share of the market is expected to be captured by safety syringes and is likely to grow at a CAGR of around 7%. It is important to highlight that currently, North America and Europe are likely to capture more than 70% of the overall share in prefilled syringe market.

Research Methodology

Our analysts have performed an accurate examination of the various aspects of the global market leveraging avant-garde primary and secondary sources of data collection. The report has gathered the necessary data and information from several reliable sources. Additionally, the report offers many strategic recommendations for companies involved in this ever-growing business sector to help them attain a competitive edge in the Prefilled Syringes Market.

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