Prefilled Syringes Market Size Worth $10.1 Billion By 2027 | CAGR: 9.8% |
The global pre-filled syringes market size is expected to reach USD 10.1 billion by 2027 according to a new study by Polaris Market Research. The report “Prefilled Syringes Market Share, Size, Trends, Industry Analysis Report, By Material (Glass and Plastic); By Design (Dual Chamber, Single Chamber, and Customized); By Type (Conventional, and Safety Syringes); By Application (Insulin, Vaccine, Anti-coagulant, and Others), By Regions; Segment Forecast, 2020 –2027” gives a detailed insight into current market dynamics and provides analysis on future market growth. The pharmaceutical industry is witnessing a rapid rise in bio-pharmaceuticals which is increasing demand for various advanced drug delivery devices, including prefilled syringes. Currently, more than 60% of the drugs in the clinical trials are biologics which needs to be administered parenterally. Prefilled syringes (PFS) are efficient, reliable and convenient method for parenteral drug admi...