Market Overview:
Prefilled syringes are defined as disposable syringes (meant for one-time use) that are alreadyfilled with the pharmaceutical substances that are to be injected into the patient’s body. A new report on the global prefilled syringes market, published by Market Research Future (MRFR),points out that this market could see a rise at 10.20% CAGR between 2016 and 2024. In terms ofmoney value, the market can be worth USD 8397.23 Mn by the end of the forecast period.
A new report on the global Prefilled Syringes Market published by Market Research Future (MRFR), points out that this market could see a rise at 10.20% CAGR between 2016 and 2024. In terms of money value, the market can be worth USD 8397.23 Mn by the end of the forecast period.
Key Players:
Market Segmentation:
Regional Segmentation:
The regional analysis of the prefilled syringes market globally consists of regions is divided into Europe, Americas, Asia Pacific, Middle East and Africa.
The European region is responsible for the leading market share of about 41.4 percent in the year 2017 and is expected to lead the prefilled syringes market globally. The higher share is majorly attributed to the rising geriatric population, demand for quality healthcare and growing trend of home-based treatment separate with high healthcare expenditure.
The Americas region is responsible for the second biggest market portion, whereas the Asia Pacific region is anticipated to develop at a rapid expansion rate of about 10.78 percent during the forecast period. With loads of prospects and unceasingly developing economies, the region is expected to be among the rapidly growing area. Moreover, factors such as Japan’s quick adoption of plastic devices along with the modern healthcare developments, and increasing number of private and public hospitals, are promoting the growth of the market.
The Middle East and Africa region with a lesser degree of economic developments and very low-income per capita is responsible for the minimum market share in 2017 but is likely to develop in the future.
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