Global pre-filled syringes market 2017-2027
According to a new report by visiongain, the global pre-filled syringes market is expected to grow at a moderate growth rate over the forecast period. The market was valued at $4,663m in 2016. Visiongain forecasts this market to increase to $7,629m in 2021. The market will then continue to increase to $12,764m in 2027, growing at a CAGR of 9.7% between 2016 and 2027.
The general advantages of pre-filled syringes include sterility, accurate dosing and the ability for patients to self-administer drugs safely. For manufacturers, they reduce overfill (to around 2-5%). The main disadvantage is their higher manufacturing cost (News Item visiongain, 5 April 2017).
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