Market outlook of the global prefilled syringe packaging market
Technavios research analyst predicts the global prefilled syringe packaging market to grow at a CAGR of around 12% by 2020. The prefilled syringes are gaining popularity over parenteral drug delivery routes because of their high affordability, accuracy, and safety. Also, the ability of such syringes to reduce drug wastage, increase the useful drug lifespan, and increase the vendors market footprint will result in the growth of the market.
The augmented use of disposable medical products is the key driver for the growth of this market. Recently, it has been observed that many healthcare facilities prefer using disposable products as it reduces the risk of cross-contamination. This rise in the use of disposable products will lead to the augmented demand for plastics as a packaging material due to its cost-effectiveness when compared to glass and metallic materials.
Segmentation by material type and analysis of the prefilled syringe packaging market
Glass
Plastic
Though the glass prefilled syringes segment dominates this market in terms of total market shares, the plastic prefilled syringes segment will experience rapid growth during the forecast period. Since these syringes are break resistant and have the ability to protect drugs from moisture, their augmented adoption by healthcare facilities will lead to market growth during the estimated period.
Application-based segmentation of the prefilled syringe packaging market
Vaccines
Antithrombotic drugs
Technavio market research analysts estimate the vaccines packaging segment to account for more than 58% of the total market share by the end of 2020. The ability of prefilled vaccine syringes to meet the needs to healthcare facilities, such as reducing wastage, decreasing the time for drug administration, and reducing the risks of errors and contamination, will foster its adoption for vaccination purposes during the forecast period.
Competitive landscape and key vendors
The global prefilled syringe packaging market is fragmented owing to the presence of several multinational, regional, and local vendors. The smaller and local vendors compete with the multinational vendors in terms of cost, as it is difficult for them to compete with international vendors in terms of quality, features, and range of offerings.
The leading vendors in the market are -
Baxter
Becton Dickinson
Gerresheimer
Nipro
Schott
The other prominent vendors in the market include Bespak, Bosch Packaging, Catalent, Ciron Groups, Corden Pharma, Health Biotech, MedXL, Novalek Pharmaceuticals, Stevanato Group, Troikaa, Unilife Vetter Pharma, West Pharmaceutical Services, and Ypsomed Holding.
Key questions answered in the report include
What will the market size and the growth rate be in 2020
What are the key factors driving the global prefilled syringe packaging market
What are the key market trends impacting the growth of the global prefilled syringe packaging market
What are the challenges to market growth
Who are the key vendors in this market space
What are the market opportunities and threats faced by the vendors in the global prefilled syringe packaging market
Trending factors influencing the market shares of the North America, APAC, Europe, and ROW.
What are the key outcomes of the five forces analysis of the global prefilled syringe packaging market
Technavio also offers customization on reports based on specific client requirement.
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top vendor offerings
PART 03:
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Global prefilled syringes packaging market
Five forces analysis
PART 06: Market segmentation by materials
Global prefilled syringes packaging market by types of materials
Global glass prefilled syringes packaging market
Global plastic prefilled syringes packaging market
Comparison of glass and COP/COC prefilled syringes
PART 07: Market segmentation by application
Global prefilled syringes packaging market by types of application
Global prefilled syringes packaging market for vaccines
Global prefilled syringes packaging market for antithrombotic drugs
Global prefilled syringes packaging market for other biotech drugs
PART 08: Geographical segmentation
Global prefilled syringes packaging market by geography
Prefilled syringes packaging market in Europe
Prefilled syringes packaging market in North America
Prefilled syringes packaging market in APAC
Prefilled syringes packaging market in ROW
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
Competitive scenario
Market share analysis
Baxter
BD
Gerresheimer
Nipro
Schott
Other prominent vendors
PART 15: Appendix
List of abbreviations
PART 16: Explore Technavio
List of Exhibits
Exhibit 01: Global prefilled syringes market
Exhibit 02: Product offerings
Exhibit 03: Types of prefilled syringes
Exhibit 04: Global injectable drug delivery market
Exhibit 05: Global prefilled syringes packaging market 2015-2020 ($ billions)
Exhibit 06: Five forces analysis
Exhibit 07: Global prefilled syringes packaging market by type of materials
Exhibit 08: Global prefilled syringes packaging market by type of materials 2015
Exhibit 09: Global prefilled syringes packaging market by type of materials 2020
Exhibit 10: Global prefilled syringes packaging market by type of materials 2015-2020 ($ billions)
Exhibit 11: Global prefilled syringes packaging market by types of materials 2015-2020
Exhibit 12: Global glass prefilled syringes packaging market 2015-2020 ($ billions)
Exhibit 13: Global plastic prefilled syringes packaging market 2015-2020 ($ billions)
Exhibit 14: Global prefilled syringes packaging by types of application
Exhibit 15: Global prefilled syringes packaging market by types of application 2015 (% revenue)
Exhibit 16: Global prefilled syringes packaging market by types of application 2020 (% revenue)
Exhibit 17: Global prefilled syringes packaging market by types of application 2015-2020 ($ billions)
Exhibit 18: Global prefilled syringes packaging market by types of application 2015-2020 (% revenue)
Exhibit 19: Global prefilled syringes packaging market for vaccines 2015-2020 ($ billions)
Exhibit 20: Global prefilled syringes packaging market for antithrombotic drugs 2015-2020 ($ billions)
Exhibit 21: Global prefilled syringes packaging market for other biotech drugs 2015-2020 ($ billions)
Exhibit 22: Global prefilled syringes packaging market by geography 2015 (% revenue)
Exhibit 23: Global prefilled syringes packaging market by geography 2020 (% revenue)
Exhibit 24: Global prefilled syringes packaging market by geography 2015-2020 ($ billions)
Exhibit 25: Global prefilled syringes packaging market by geography 2015-2020 (% revenue)
Exhibit 26: Prefilled syringes packaging market in Europe 2015-2020 ($ billions)
Exhibit 27: Prefilled syringes packaging market in North America 2015-2020 ($ billions)
Exhibit 28: Prefilled syringes packaging market in APAC 2015-2020 ($ billions)
Exhibit 29: Prefilled syringes packaging market in ROW 2015-2020 ($ billions)
Exhibit 30: Impact of drivers
Exhibit 31: Impact of drivers and challenges
Exhibit 32: Key vendor ranking 2015
Exhibit 33: Baxter: Business segmentation by revenue 2014
Exhibit 34: Baxter: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 35: Baxter: Geographical segmentation by revenue 2014
Exhibit 36: BD: Business segmentation by revenue 2014
Exhibit 37: BD: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 38: BD: Geographical segmentation by revenue 2014
Exhibit 39: Gerresheimer: Business segmentation by revenue 2014
Exhibit 40: Gerresheimer: Business segmentation by revenue 2013 and 2014 ($ millions)
Exhibit 41: Gerresheimer: Geographical segmentation by revenue 2014
Exhibit 42: Nipro: Business segmentation by revenue 2015
Exhibit 43: Nipro: Business segmentation by revenue 2014 and 2015 ($ billions)
Exhibit 44: Nipro: Geographical segmentation by revenue 2015
Exhibit 45: Schott: Business segmentation
Exhibit 46: Schott: Geographical segmentation by revenue 2014
