Germany Prefilled Syringes Market: Industry Analysis and Forecast (2024-2030)
The Germany Prefilled Syringes Market size was valued at USD 690 Mn. in 2023 and the total Germany Prefilled Syringes Market revenue is expected to grow at a CAGR of 2.9 % from 2024 to 2030, reaching nearly USD 842.86 Mn. by 2030.
Format : PDF | Report ID : SMR_1766
Germany Prefilled Syringes Market Overview
A pre-filled syringe is a disposable syringe that is supplied already loaded with the substance to be injected. The solution is supplied as a pre-filled syringe already containing the liquid for injection. A pre-filled syringe is a single dose of medication to which a needle has been fixed by the manufacturer.
In the German Prefilled Syringes Market, leading manufacturers have adopted several trends that are covered in the report. These include the use of technologies, government funding for R&D, and an increasing focus on sustainability. A thorough analysis of the competitive environment is also included in the report, along with the market shares and positions of the major companies involved in the prefilled syringes industry.
Additionally, the report offers a comprehensive analysis of the present and potential developments within the German prefilled syringe industry. It also provides a thorough analysis of the German prefilled syringes market's value chain and important market segments. It also offers strategic recommendations for the market's success to the investors. The prefilled syringe market is set for rapid growth owing to advancements in auto-injector technology.
- For instance, In March 2024, Germany's Schott Pharma invested USD 371M in US plastic syringe production.
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Germany Prefilled Syringes Market Dynamics
Driving Factors in Germany's Prefilled Syringe Market
Syringes offer convenience, accuracy, and sterility, ensuring patients receive the correct dosage with reduced risk of contamination which has influenced the market growth of prefilled syringes in Germany. In Germany, pharmaceutical manufacturers embrace more flexible processes that limit the risk of product contamination, and packaging and containment systems are being designed to facilitate the manufacturing of smaller product lots and batches has driven the market growth. With the accelerated aging of the global population and the trend towards paying attention to healthcare, people are more concerned about health checkups, disease prevention, and regular screening. It has led to an increase in market demand for medical devices and consumables.
With rising demand for biologics to manage chronic conditions, prefilled syringes emerge as a preferred delivery method, enhancing patient adherence and treatment outcomes while minimizing waste and improving overall healthcare efficiency has boosted the market growth. By eliminating potential barriers to adherence, such as complicated dosing procedures or fear of needle handling, prefilled syringes contribute to better treatment outcomes and improved patient satisfaction.
Challenges in the German Prefilled Syringe Market
The rise of the German prefilled syringe market is severely hampered by several factors, including the high cost of temperature-controlled packaging, which is necessary for temperature-sensitive medications. Other conventional factors impeding the market include the possibility of a drug-prefilled syringe interaction, needle stick prevention, and product recalls owing to breakages and likability. Ensuring container/closure integrity during and after filling and terminal sterilization is one of the difficult aspects of prefilled syringe quality control. Problems with creating medications for prefilled syringes, particularly biologics, have impeded the growth of the market. The increase in the use of prefilled syringes for some drugs has been constrained by compatibility issues with syringe materials.
Germany Prefilled Syringes Market Segment Analysis
Based on Application, the Diabetes segment held the highest share in the market and is expected to grow during the forecast period. Prefilled syringes are in high demand among diabetic patients because it lessen the possibility of complicated administration, spills, contamination, needle stick injuries, misidentification, dosage errors, and overfilling. Traveling with prefilled syringes allows diabetics to easily manage their insulin requirements because they are small and lightweight.
- About 8.5 million people in Germany are affected by diabetes
Based on type, the Disposable Prefilled Syringes segment holds the largest share in the German Prefilled Syringes market and is estimated to dominate the market with a growing CAGR during the forecast period. The functionality and appearance of disposable prefilled syringes are constantly being improved by manufacturers through innovation. Adoption in Germany is being propelled by innovations like auto-injector compatibility, ergonomic designs, and integrated needle safety features. For self-administration of injectable medications at home, patients prefer disposable prefilled syringes because they are simpler to use and have a lower chance of dosage errors. In the treatment of long-term illnesses like multiple sclerosis and rheumatoid arthritis, this tendency is especially noticeable.
Germany Prefilled Syringes Market Scope |
|
Market Size in 2023 |
USD 690 Bn. |
Market Size in 2030 |
USD 842.86 Bn. |
CAGR (2024-2030) |
2.9 % |
Historic Data |
2018 - 2022 |
Base Year |
2023 |
Forecast Period |
2024-2030 |
Segment Scope
|
By Type
|
By Material
|
|
By Design
|
|
By Therapeutics
|
|
By Application
|
Germany Prefilled Syringes Market Key Players
- Gerresheimer
- SCHOTT Pharma
- Stevanato Group
- Simtra BioPharma Solutions
Frequently Asked Questions
High manufacturing costs are expected to be the major restraining factors for the market growth.
The Market size was valued at USD 690 Million in 2023 and the total Market revenue is expected to grow at a CAGR of 2.9 % from 2024 to 2030, reaching nearly USD 842.86 Million.
The segments covered in the market report are By Type, material, design, Therapeutics and application.
1. Germany Prefilled Syringes Market: Research Methodology
1.1. Research Data
1.1.1. Secondary Data
1.1.2. Primary Data
1.2. Market Size Estimation
1.2.1. Bottom-Up Approach
1.2.2. Top-Down Approach
1.3. Market Breakdown and Data Triangulation
1.4. Assumptions
2. Germany Prefilled Syringes Market: Executive Summary
2.1. Market Overview
2.2. Market Size (2023) and Forecast (2024 - 2030) and Y-O-Y%
2.3. Market Size (USD) and Market Share (%) – By Segments
3. Germany Prefilled Syringes Market: Competitive Landscape
3.1. SMR Competition Matrix
3.2. Key Players Benchmarking
3.2.1. Company Name
3.2.2. Headquarter
3.2.3. Product Segment
3.2.4. End-User Segment
3.2.5. Y-O-Y%
3.2.6. Revenue (2023)
3.2.7. Profit Margin
3.2.8. Market Share
3.2.9. Company Locations
3.3. Market Structure
3.3.1. Market Leaders
3.3.2. Market Followers
3.3.3. Emerging Players
3.4. Consolidation of the Market
3.4.1. Strategic Initiatives and Developments
3.4.2. Mergers and Acquisitions
3.4.3. Collaboration and Partnerships
3.4.4. Product Launches and Innovations
4. Germany Prefilled Syringes Market: Dynamics
4.1. Market Trends
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Market Challenges
4.6. PORTER’s Five Forces Analysis
4.6.1. Intensity of the Rivalry
4.6.2. Threat of New Entrants
4.6.3. Bargaining Power of Suppliers
4.6.4. Bargaining Power of Buyers
4.6.5. Threat of Substitutes
4.7. PESTLE Analysis
4.7.1. Political Factors
4.7.2. Economic Factors
4.7.3. Social Factors
4.7.4. Technological Factors
4.7.5. Legal Factors
4.7.6. Environmental Factors
4.8. Technological Roadmap
4.9. Value Chain Analysis
4.10. Regulatory Landscape
5. Germany Prefilled Syringes Market Size and Forecast by Segments (by Value USD Million)
5.1. Germany Prefilled Syringes Market Size and Forecast, By Type (2023-2030)
5.1.1. Disposable Prefilled Syringes
5.1.2. Reusable Prefilled Syringes
5.2. Germany Prefilled Syringes Market Size and Forecast, By Material (2023-2030)
5.2.1. Glass Prefilled Syringes
5.2.2. Plastic Prefilled Syringes
5.3. Germany Prefilled Syringes Market Size and Forecast, By Design (2023-2030)
5.3.1. Single-chamber Prefilled Syringes
5.3.2. Dual-chamber Prefilled Syringes
5.3.3. Customized Prefilled Syringes
5.4. Germany Prefilled Syringes Market Size and Forecast, By Therapeutic (2023-2030)
5.4.1. Large Molecules
5.4.2. Small Molecules
5.5. Germany Prefilled Syringes Market Size and Forecast, By Application (2023-2030)
5.5.1. Anaphylaxis
5.5.2. Rheumatoid Arthritis
5.5.3. Diabetes
5.5.4. Others
6. Company Profile: Key players
6.1. Gerresheimer
6.1.1. Company Overview
6.1.2. Financial Overview
6.1.2.1. Total Revenue
6.1.2.2. Segment Revenue
6.1.3. Product Segment
6.1.3.1. Product Name
6.1.3.2. Product Details (Price, Features, etc.)
6.1.4. SWOT Analysis
6.1.5. Business Strategy
6.1.6. Recent Developments
6.2. SCHOTT Pharma
6.3. Stevanato Group
6.4. Simtra BioPharma Solutions
7. Key Findings
8. Industry Recommendations
8.1.1. Strategic Recommendations
8.1.2. Future Outlook