Global Prefilled Syringe Packaging Market to grow at a CAGR of around 12% by 2016-2020: Key Vendors Baxter, Nipro, Schott, Gerresheimer

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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 vendor's market footprint will result in the growth of the market.

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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.

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Table of Content

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

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