Dual Chamber Prefilled Syringes Market Projected To Raise At USD 247.8 Million By 2030
San Francisco, 20 Aug 2024: The Report Dual Chamber Prefilled Syringes Market Size, Share & Trends Analysis Report By Material (Glass, Plastic), By Application (Vaccines & immunizations, Diabetes), By Distribution Channel, By Region, And Segment Forecasts, 2024 - 2030
The global dual chamber prefilled syringes market size is expected to reach USD 247.8 million by 2030, at a projected CAGR of 5.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. They enhance patient safety by minimizing the risk of dosing errors and contamination associated with traditional vial-and-syringe methods. The pre-measured doses ensure accurate and consistent administration, reducing preparation time and simplifying the process for healthcare professionals. This is particularly beneficial in emergency situations or in settings where speed and precision are crucial.
The all-in-one design is user-friendly and reduces the complexity of multi-step preparation processes. Moreover, dual chamber prefilled syringes can improve storage and shelf-life, as the drug and diluent are kept separate until needed. For instance, in September 2022, Dara Pharma's participation in the PDA Japan Chapter's seminar highlights their advancements in dual chamber prefilled syringes, particularly in powder dosing and freeze-drying. This exposure boosts their credibility and visibility in the Japanese pharmaceutical market, showcasing their innovative solutions and technological capabilities. Their presentations demonstrated the extended shelf life and improved properties of medications using these technologies, fostering interest and potential collaborations within the industry.
Access Research Report of Dual Chamber Prefilled Syringes Market @ https://www.grandviewresearch.com/industry-analysis/dual-chamber-prefilled-syringes-market-report
Dual Chamber Prefilled Syringes Market Report Highlights
- Based on material, the glass segment accounted for the largest revenue share of 51.4% in 2023 as it offers superior drug stability and compatibility, preventing interactions between the drug and the container.
- Based on material, the plastic segment is expected to grow at the fastest CAGR of 7.8% during the forecast period as plastic is lighter, more resistant to breakage, and offers improved safety for patients and healthcare providers.
- Based on application, the vaccines and immunizations segment accounted for the largest revenue share of 25.8% in 2023 due to accurate dosing and simplifying the reconstitution process, which enhanced safety and reduced preparation time.
- Based on application, the oncology segment is expected to grow at the fastest CAGR of 6.9% during the forecast period. They offer precise dosing and convenient reconstitution, improving the safety and efficacy of complex chemotherapy treatments.
- Based on distribution channel, the hospitals segment held the largest revenue share of 51.8% in 2023 as they streamline drug preparation, reduce medication errors, and enhance patient safety by ensuring accurate dosing and easy reconstitution.
- Based on distribution channel, the mail order pharmacies segment is expected to grow at the fastest CAGR of 6.6% during the forecast period as they enhance patient convenience and adherence by providing ready-to-use, accurately dosed medications that simplify the administration process at home.
- In 2023, North America dominated with a share of 32.3%, as this region is driven by advanced healthcare infrastructure, growth of the biopharmaceutical sector, and significant healthcare expenditure.
Dual Chamber Prefilled Syringes Market Report Scope
Report Attribute | Details |
Market size value in 2024 | USD 176.2 million |
Revenue forecast in 2030 | USD 247.8 million |
Growth rate | CAGR of 5.8% from 2024 to 2030 |
Actual data | 2018 - 2023 |
Forecast period | 2024 - 2030 |
List of Key Players in the Dual Chamber Prefilled Syringes Market
- Gerresheimer
- Nipro Corporation
- SCHOTT AG
- Vetter Pharma-Fertigung GmbH & Co. KG
- ARTE Corporation
- Credence MedSystems, Inc.
Access Press Release of Dual Chamber Prefilled Syringes Market @ https://www.grandviewresearch.com/press-release/global-dual-chamber-prefilled-syringes-market
About Grand View Research
Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.
For More Information: https://www.grandviewresearch.com/horizon
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