Middle East and Africa Prefilled Syringes Market Size report provides the detailed study of consumption comparison by application, market share by manufacturers, key raw materials analysis, market size growth rate analysis by type, production by region. Also, the Middle East and Africa Prefilled Syringes Market includes size estimates, market concentration rate, segmentation by products, developments strategies, mergers and acquisitions, new product development, consumption by country.
The Middle East and Africa prefilled syringes market size was USD 121.0 million in 2020.The market is projected to grow from USD 148.6 million in 2021 to USD 361.8 million in 2028 at a CAGR of 13.6% during the 2021-2028 period.
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The report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2016 to 2027.
Drivers & Restraints
Biologics have gained the attention of leading players as they target diseases with no or minimal treatment options, including several types of cancers, autoimmune diseases, and other non-communicable diseases. The growing cases of autoimmune diseases, cancer, and other non-contagious diseases is anticipated to bolster the biological drugs demand.
- As per the Middle East Arthritis Foundation, one in five people in the UAE suffers from some kind of arthritis, and rheumatoid arthritis is common among the adult population. Furthermore, Humira – a biologic from AbbVie Inc., witnesses a 3.5% growth in worldwide sales from USD 19,169 million in 2019 to USD 19,832 million in 2020.
The growing preference for prefilled syringes in the Middle East and Africa region, for the administration of biologics and biosimilar products has been observed among healthcare providers and product development scientists due to its advantages, such as improved convenience, dose accuracy, and self-administration. It also helps to save on the costs associated with overfilling.
Prefilled syringes are injectable drug delivery systems intended to administer drugs via the parenteral route. These devices have become a gradually important option in the packaging and delivery of injectable drug products. This syringe is intended for two major purposes for the administration of a drug. The first is as primary packaging by assuring that there is no adverse effect on the drug's strength, identity, quality, potency, and purity over its shelf life. Second, this syringe is a delivery system intended to administer the appropriate amount of the drug to the patient reliably.
Key players covered in the global Middle East and Africa Prefilled Syringes Market research report:
- BD (Becton, Dickinson and Company) (Franklin Lakes, New Jersey, U.S.)
- SCHOTT AG (Mainz, Germany)
- Gerresheimer AG (Düsseldorf, Germany)
- West Pharmaceutical Services, Inc. (Exton, U.S.)
- Aptargroup, Inc. (Crystal Lake, U.S.)
- Ypsomed AG (Burgdorf, Switzerland)
- Nipro Pharma Packaging International (Osaka, Japan)
- Terumo Medical Corporation (Tokyo, Japan)
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Some of the major questions addressed in the report are:
- What factors contribute to the market’s growth?
- What is the expected growth rate of the market during the forecast period?
- How much would the market value of the Middle East and Africa Prefilled Syringes Market be in 2020?
What will the market size be in 2027? - In which region will the Middle East and Africa Prefilled Syringes Market have the largest market share?
Major Table of Contents for Middle East and Africa Prefilled Syringes Market Research Report:
- Introduction
- Executive Summary
- Market Dynamics
- Key Market Growth Insights
- Global Market Analysis, Insights and Forecast, 2017-2028
- North America Market Analysis, Insights and Forecast, 2017-2028
- Europe Market Analysis, Insights and Forecast, 2017-2028
- Asia Pacific Market Analysis, Insights and Forecast, 2017-2028
- The Middle East and Africa Market Analysis, Insights and Forecast, 2017-2028
- Latin America Market Analysis, Insights and Forecast, 2017-2028
- Competitive Landscape
- Global Middle East and Africa Prefilled Syringes Market Revenue Growth, Industry Share Analysis, By Key Players, 2021
- Company Profiles
- Conclusion
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