According to a recent research analysis published by Fact.MR, the global dual chamber prefilled syringes market is expected to rise at a rapid pace over the forecast period (2017-2026). By the end of 2026, global sales of dual-chamber prefilled syringes are expected to reach roughly US$ 3,300 million.
North America to Remain Most Remunerative for Dual Chamber Prefilled Syringes Market
- Dual-chamber prefilled syringes will continue to be the most profitable market in North America.
- North America’s market dominance can be ascribed to the region’s growing prevalence of chronic diseases, as well as the region’s strong penetration of biologics and biosimilars.
- Other factors driving market growth in North America include geographic expansion of North American market participants, increased demand for self-injection devices, and an aging population.
In the recent past, lyophilized pharmaceuticals have had a strong global penetration. The majority of all injectable/infusible medications that require reconstitution are lyophilized. Because a large number of injectable/infusible medications have been produced for self-administration, drug developers face unique hurdles. Dual-chamber prefilled syringes, on the other hand, which are specifically intended for facilitating reconstitution without requiring patient manipulation of diluent or medication, have become the mainstay choice for delivering these drugs, reducing the hurdles faced by developers. With the widespread use of lyophilized pharmaceuticals, demand for dual chamber prefilled syringes is expected to rise significantly shortly.
Competition Tracking
With the growing popularity of self-injection syringes and the development of technologically superior dual chamber prefilled syringes, industry leaders are focusing on expanding their product portfolio and market reach.
Players are highlighting the need for up-to-date information for monitoring their performance and making crucial decisions on profitability and growth in this highly competitive and rapidly moving market.
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