Dual Chamber Prefilled Syringes Market is Expected to Grow at a CAGR Value of 8.7% By 2031

Healthcare

According to Fact MR’s recent market research, sales of Dual Chamber Prefilled Syringes to swell at propelled CAGR through 2031, as investment towards expansion of healthcare infrastructure continues rising. The goal of the survey is uncover growth opportunities, key trends, growth drivers, and challenges. It also provides recommendations to assist businesses in preparing for unforeseen challenges.

Focus on improving overall patient care will remain a chief growth driver. Besides this, Dual Chamber Prefilled Syringes market will continue gaining from increasing willingness among patients and families to spend on advanced healthcare.

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Key Segments Covered

  • Function Type

    • Single Chambered Prefilled Syringes
    • Dual/Multi Chambered Prefilled Syringes
  • Technology Type

    • Conventional Prefilled Syringes
    • Safety Prefilled Syringes
  • Distribution Channel

    • Prefilled Syringes across Hospitals
    • Prefilled Syringes across Specialty Clinics
    • Prefilled Syringes across Online Pharmacies
    • Prefilled Syringes across Other Distribution Channels
  • Material Type

    • Glass based Prefilled Syringes
    • Polymer based Prefilled Syringes

Competitive Landscape

The market for prefilled syringes is moderately competitive, with intense price rivalry. The market includes both global and local companies. Most poor nations have local players who sell prefilled syringes at a reduced cost.

  • In December 2020, Becton Dickinson & Company announced its decision to invest approximately US$ 1.2 billion over a 4-year period to expand and upgrade its manufacturing capacity and technology for pre-fillable syringes and advanced drug delivery systems
  • Likewise, in September 2019, Terumo Corporation received approval in Japan for its TeriboneTM 28.2 µg formula to treat osteoporosis. This formulation is compatible with the company’s PLAJEXTM syringe, assembled as an auto-injector delivery device for single dose usage.

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