(I-BusinessNews.Com, June 30, 2021 ) Companies in the prefilled syringes market are increasingly investing in connected prefilled syringes, which allows healthcare professionals to track and access data. A connected prefilled syringe is a drug delivery device that can be connected to a smartphone that tracks data and reports to healthcare professionals accordingly. In 2020, Biocorp launched Injay, a connected prefilled syringe that is based on NFC technology wherein the technology helps in the transfer of data to a smartphone or specific transmitters, depending on specific use cases and environment.
The prefilled syringes market consists of sales of prefilled syringes by entities (organizations, sole traders, and partnerships) that manufacture disposable syringe supplied with already loaded medicine to be injected. The companies involved in the pre-filled syringes market are primarily engaged in the development, manufacturing, and marketing of prefilled syringes.
Prefilled Syringes Market Report Segments:
1) By Type: Conventional Prefilled Syringes, Safety Prefilled Syringes
2) By Material: Glass Prefilled Syringes, Plastic Prefilled Syringes
The global prefilled syringes market is expected to grow from $5.78 billion in 2020 to $7.29 billion in 2021 at a compound annual growth rate (CAGR) of 20.74%. The exponential growth is mainly due to the companies catering to the growing demand for COVID-19 vaccines that require pre-filled syringes. The pre-filled syringes market is expected to reach $11.18 billion in 2025 at a CAGR of 11.30%.
The report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Disposable Hospital Supplies Global Market Report 2021: COVID-19 Implications And Growth To 2030
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