South Africa Prefilled Syringes Market Size, Share, and COVID-19 Impact Analysis, By Type (Conventional Prefilled Syringes and Safety Prefilled Syringes), By Material (Glass Prefilled Syringes and Plastic Prefilled Syringes), By Design (Single-Chamber Prefilled Syringes, Dual-Chamber Prefilled Syringes, and Customized Prefilled Syringes), By Application (Diabetes, Rheumatoid Arthritis, Anaphylaxis, Cancer, Thrombosis, Ophthalmology, and Others) and South Africa Prefilled Syringes Market Insights, Industry Trend, Forecasts to 2033
Industry: HealthcareSouth Africa Prefilled Syringes Market Insights Forecasts to 2033
- The South Africa Prefilled Syringes Market Size was valued at USD 48.5 Million in 2023.
- The Market Size is Growing at a CAGR of 13.90% from 2023 to 2033
- The South Africa Prefilled Syringes Market Size is Expected to Reach USD 178.2 Million by 2033
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The South Africa Prefilled Syringes Market Size is Anticipated to Reach USD 178.2 Million by 2033, Growing at a CAGR of 13.90% from 2023 to 2033
Market Overview
A pre-filled syringe is a type of disposable syringe that has the medication to be given to patients already loaded into it. The solution comes with a prefilled syringe filled with the liquid to be administered. A pre-filled syringe is a syringe with a fixed unit dose of medication attached to a fixed needle provided by the manufacturer. A prefilled syringe is a convenient parenteral injection device for holding a single dose of medication. It allows manufacturers to minimize drug waste and maximize product life while also allowing for self-administration by patients of their medication at home or elsewhere than in the hospital. Biologics, vaccinations, blood stimulants, therapeutic proteins, erythropoietin products, and interferons are among the drugs most often filled into prefilled syringes. Prefilled syringes reduce the risk of drug contamination. The use of a sterilized syringe eliminates this risk to improve safety and eliminates the need for on-site vial cleaning and de-pyrogenation.
Report Coverage
This research report categorizes the market for the South Africa prefilled syringes based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Africa prefilled syringes market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Africa prefilled syringes market.
South Africa Prefilled Syringes Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023 : | USD 48.5 Million |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 13.90% |
2033 Value Projection: | USD 178.2 Million |
Historical Data for: | 2019-2022 |
No. of Pages: | 176 |
Tables, Charts & Figures: | 100 |
Segments covered: | By Type, By Material, By Design, By Application |
Companies covered:: | Gerresheimer AG, Schott Group, Unilife Corporation, Nipro Medical Corporation, Owen Mumford, Haselmeier AG, and Others. |
Pitfalls & Challenges: | Covid-19 Empact, Challenges, Growth, Analysis. |
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Driving Factors
Patients with chronic illnesses, such as diabetes, heart disease, or autoimmune diseases, mostly have to inject their prescriptions themselves, thereby fueling the demand for prefilled syringes. These conditions need constant correct delivery of drugs and so, prefilled syringes have been very convenient, secure, and efficient for patients and medical professionals alike. They improve the quality of treatment, increase patient compliance, and reduce the chance of dosage errors. Prefilled syringes provide ease of use due to ease and safety. This means that the prefilled syringe market is expected to grow because of the increasing demand for self-injection and associated devices and their ease of use.
Restraining Factors
Prefilled syringes are more expensive than disposable syringes because of the extravagantly high overhead costs of their production. A key challenge expected to afflict the prefilled syringes market during the projection period is that of a more affordable disposable syringes alternative. The prevalence of product recalls reduces consumer confidence in medical devices, thereby hindering the expansion of the prefilled syringe industry.
Market Segmentation
The South Africa prefilled syringes market share is classified into type, material, design and application.
- The conventional prefilled syringes segment is expected to hold the largest market share through the forecast period.
The South Africa prefilled syringes market is segmented by type into conventional prefilled syringes and safety prefilled syringes. Among these, the conventional prefilled syringes segment is expected to hold the largest market share through the forecast period. Conventional prefilled syringes are the largest market share segment since they offer a high value of application. As these products reduce the risk of contamination, increased demand for them would be witnessed.
- The glass-based segment is expected to dominate the South Africa prefilled syringes market during the forecast period.
Based on the material, the South Africa prefilled syringes market is divided into glass-prefilled syringes and plastic-prefilled syringes. Among these, the glass-based segment is expected to dominate the South Africa prefilled syringes market during the forecast period. Prefilled syringes have now gained wide acceptance since with advancements in technology, chronic diseases are more prevalent. However, using prefilled syringes has more benefits compared to vials.
- The single-chamber prefilled syringes segment is expected to hold the largest market share through the forecast period.
The South Africa prefilled syringes market is segmented by design into single-chamber prefilled syringes, dual-chamber prefilled syringes, and customized prefilled syringes. Among these, the single-chamber prefilled syringes segment is expected to hold the largest market share through the forecast period. The demand for single-chamber prefilled syringes has increased due to the increase in chronic diseases and also the number of benefits of syringes in the market.
- The diabetes segment is expected to dominate the South Africa prefilled syringes market during the forecast period.
Based on the application, the South Africa prefilled syringes market is divided into diabetes, rheumatoid arthritis, anaphylaxis, cancer, thrombosis, ophthalmology, and others. Among these, the diabetes segment is expected to dominate the South Africa prefilled syringes market during the forecast period. Significant patient base, increase in prevalence, and rise in the demand for safer and more efficient insulin delivery systems are some of the factors that shall ensure the stronghold of this market throughout the forecast period.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Africa prefilled syringes market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Gerresheimer AG
- Schott Group
- Unilife Corporation
- Nipro Medical Corporation
- Owen Mumford
- Haselmeier AG
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at South Africa, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the South Africa prefilled syringes market based on the below-mentioned segments:
South Africa Prefilled Syringes Market, By Type
- Conventional Prefilled Syringes
- Safety Prefilled Syringes
South Africa Prefilled Syringes Market, By Material
- Glass-Prefilled Syringes
- Plastic-Prefilled Syringes
South Africa Prefilled Syringes Market, By Design
- Single-Chamber Prefilled Syringes
- Dual-Chamber Prefilled Syringes
- Customized Prefilled Syringes
South Africa Prefilled Syringes Market, By Application
- Diabetes
- Rheumatoid Arthritis
- Anaphylaxis
- Cancer
- Thrombosis
- Ophthalmology
- Others
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