According to the research report titled ‘Prefilled Syringes Market Share, Size, Trends, Industry Analysis Report, By Material; By Design; By Type; By Application, By Regions; Segment Forecast, 2020 -2027’, available with Market Study Report, global prefilled syringes market is expected to reach USD 10.1 billion mark by the year 2027.
 

Growing demand for biopharmaceuticals and advanced drug delivery devices has resulted in rapid expansion of the pharmaceutical sector, which in turn is a major factor driving the growth of global prefilled syringes market.
 

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The use of prefilled syringes is known to be a convenient, reliable, and efficient method for parenteral drug administration. These syringes allow pharmaceutical corporations to reduce drug waste while simultaneously improve the product life span, further resulting in cost saving.
 

This is especially beneficial while manufacturing biological drugs since their production costs are relatively high as well as have a low bulk manufacturing reach and hence, is stimulating global prefilled syringes industry outlook.
 

It is also worth mentioning that prefilled syringes are not only convenient to use in non-medical environments, but also offer accurate doses. Growing occurrence of diabetes across the globe along with consumer preferences towards adopting self-administer drugs in order to reduce healthcare costs are also favoring the overall market scenario.
 

As per material type, the market is segmented into plastic and glass. In terms of design, global prefilled syringes market is fragmented into customized, single chamber, and dual chamber.
 

Moving on to type, the market is split into safety syringes and conventional. The application scope of the overall industry consists of anti-coagulant, vaccine, insulin, and others.
 

Nipro Corporation, Weigao Holding Company Limited, Gerresheimer AG, Catalent Inc., Fresenius Kabi, Schott AG, Novartis International AG, Stevanato Group, Medpro Group, and Becton, Dickinson and Company are the major companies in global prefilled syringes market.