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India Prefilled Syringes Market

India Prefilled Syringes Market

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India Prefilled Syringes Market, By Type (Conventional Prefilled Syringes, Safety Prefilled Syringes); By Design (Single Chamber, Dual Chamber, Multiple Chamber); By Material (Glass, Plastic); By Application (Diabetes, Rheumatoid Arthritis, Anaphylaxis, Cancer, Thrombosis, Ophthalmology); By Distribution Channel (Hospital Pharmacies, Retail Pharmacies & Drug Stores, E-commerce); By Region (North India, South India, East India, West India), Trend Analysis, Competitive Landscape & Forecast, 2019–2030

  • Published Date: July 2024
  • Report ID: BWC24489
  • Available Format: PDF
  • Page: 200

Report Overview

The rising prevalence of chronic diseases, growing biologics and biosimilars market, the government’s initiatives promoting vaccination and affordable medication, and focus on convenience and safety for healthcare workers are expected to drive India Prefilled Syringes Market during the forecast period between 2024 and 2030.

India Prefilled Syringes Market – Industry Trends & Forecast Report, 2030

India Prefilled Syringes Market size by value was estimated at USD 1.13 billion in 2023. During the forecast period between 2024 and 2030, India Prefilled Syringes Market size is projected to grow at a CAGR of 6.89% reaching a value of USD 3.17 billion by 2030. Prominent drivers of the market include an increasing demand for efficient and user-friendly drug delivery systems, and the rising efforts by healthcare professionals to reduce hospital errors. The market is further propelled by the expansion of home healthcare services, the growing use of injectable medications, and the rising prevalence of chronic diseases. Prefilled syringes offer distinct advantages over conventional vials, such as convenience and reduced contamination risks, which contribute to their growing adoption.

India Prefilled Syringes Market

By volume, India Prefilled Syringes Market size was estimated at 0.85 billion doses in 2023. During the forecast period between 2024 and 2030, India Prefilled Syringes Market size is projected to grow at aCAGR of 6.44% reaching the volume of 1.12 billion doses by 2030. Rapid adoption of technological advancements in prefilled syringe designs is accelerating the expansion of India Prefilled Syringes Market. Despite challenges such as alternative drug delivery methods, stringent government regulations, and occasional product recalls, the market presents substantial opportunities. The development of biologics and biosimilars, along with the rising demand for injectable medications in prefilled formats, offers significant potential for growth. Overall, India Prefilled Syringes Market is set for robust growth, driven by increasing technological innovations and evolving healthcare needs, despite potential regulatory and competitive obstacles.

Prefilled Syringes – Overview

Prefilled syringes, pre-loaded with a single dose of vaccine or therapeutic molecules, come with an attached needle, enhancing safety and convenience. Traditionally, metal or glass syringes were prevalent, but there's a growing shift towards plastic and disposable options to ensure better sterilization and prevent reuse. This trend has boosted the adoption of prefilled syringes in the medical sector over traditional glass vials for injectable drug packaging. Prefilled syringes offer significant benefits, including enhanced patient safety, precise dosage, and ease of use, making them preferred for administering vaccines, therapeutic proteins, and medications for conditions like rheumatoid arthritis. Technological advancements, particularly in auto-injectors, further drive their market growth.

India Prefilled Syringes Market

Growth Drivers

Growing Biologics and Biosimilars Market

The growing biologics and biosimilars market is catalyzing significant growth in India Prefilled Syringes Market. This trend is driven by advancements in therapies like monoclonal antibodies and vaccines, which necessitate sophisticated drug delivery systems. Prefilled syringes offer precise dosing, reduce administration errors, and eliminate the need for reconstitution, enhancing convenience for patients and healthcare providers alike. The shift towards personalized medicine and homecare options further amplifies the demand for these syringes. Additionally, innovations such as digital-enabled devices and sustainable packaging solutions are shaping the market landscape. As biologic drugs continue to dominate the healthcare landscape in India, prefilled syringes emerge as pivotal tools, ensuring efficient delivery and improving patient outcomes.

Government’s Supportive Initiatives for Vaccination and Affordable Medication

The Government of India has prioritized the medical devices sector under its flagship 'Make in India' initiative and the 'Atma Nirbhar' Bharat mission. Key initiatives like the Production Linked Incentive Scheme (PLI) and the Promotion of Medical Device Parks Scheme are pivotal in this regard. These efforts aim to bolster domestic manufacturing capabilities, reduce reliance on imports, and enhance affordability and accessibility of medical devices, including prefilled syringes. By incentivizing local production and creating robust infrastructure, the government not only supports the growth of the medical devices market but also strengthens healthcare delivery, thereby promoting vaccination and ensuring affordable medication across India. This strategic approach is crucial in advancing India Prefilled Syringes Market amid evolving healthcare needs.

Challenges

High Cost Compared to Traditional Vials and Syringes

India Prefilled Syringes Market faces growth challenges due to higher costs compared to traditional vials and syringes. This cost disparity limits widespread adoption, particularly in resource-constrained healthcare settings and among budget-conscious consumers. Despite the advantages in dosage accuracy, convenience, and reduced risk of contamination offered by prefilled syringes, their affordability remains a barrier. Manufacturers and policymakers need to address pricing strategies and cost-effectiveness to enhance market penetration and ensure broader access to these advanced healthcare solutions in India.

Impact of Escalating Geopolitical Tensions on India Prefilled Syringes Market

Intensifying geopolitical tensions across the world may impact the growth of India Prefilled Syringes Market. Dependency on foreign suppliers for key raw materials and components can lead to supply shortages or delays, affecting production schedules and market availability. Moreover, heightened geopolitical tensions can destabilize economic conditions, leading to currency fluctuations and inflationary pressures, thereby impacting pricing strategies and affordability of prefilled syringes. Companies may need to reassess their sourcing strategies and enhance domestic production capabilities to mitigate geopolitical risks and ensure continuity in supplying essential healthcare products to the Indian market.

India Prefilled Syringes Market

Segmental Coverage

India Prefilled Syringes Market – By Type

By type, India Prefilled Syringes Market is bifurcated into Conventional Prefilled Syringes and Safety Prefilled Syringes segments. The safety prefilled syringes segment holds a higher share in India Prefilled Syringes Market by type. With India's regulatory landscape for medical devices evolving, there is a notable uptick in demand for safety-engineered syringes. These devices play a crucial role in safeguarding healthcare workers against needlestick injuries and potential infections such as Hepatitis and HIV. Anticipating forthcoming national mandates, several states have already introduced rules favoring safety devices. This proactive stance underscores the growing importance of safety features in medical practices nationwide. As adoption rates rise, safety syringes are set to become integral to ensuring enhanced patient care and elevated safety standards across the healthcare sector in India.

India Prefilled Syringes Market Demand

India Prefilled Syringes Market – By Design

Based on design, India Prefilled Syringes Market is divided into Single Chamber, Dual Chamber, and Multiple Chamber segments. The single chamber segment holds the highest share in India Prefilled Syringes Market by design. It is primarily due to its convenience, ease of use, and safety benefits. Single chamber prefilled syringes eliminate the need for manual filling by healthcare professionals, reducing the risk of medication errors and contamination. The segment’s growth is bolstered by increasing chronic disease prevalence, rising demand for self-administration of drugs, and expanding vaccination programs globally. Technological advancements, including safer syringe designs and needle-free injectors, further drive adoption. Emerging trends like biologics adoption, R&D investments in drug delivery systems, and innovative materials for manufacturing underscore the segment's growth, supported by healthcare industry focus on patient safety and convenience.

India Prefilled Syringes Market Size

India Prefilled Syringes Market – By Material

On the basis of material, India Prefilled Syringes Market is bifurcated into Glass and Plastic segments. The glass prefilled syringes segment holds a higher share in India Prefilled Syringes Market by material. Glass syringes are preferred for their inert nature, which ensures compatibility with a wide range of drugs, including sensitive biologics and vaccines. They offer superior barrier properties against moisture and gases, preserving drug stability and efficacy. Additionally, glass syringes are perceived to be safer due to their transparency, which allows for visual inspection of the contents. Despite competition from plastic alternatives, glass remains resilient in pharmaceutical packaging due to its long-standing reliability and established manufacturing processes in the industry.

India Prefilled Syringes Market Growth

India Prefilled Syringes Market – By Application

India Prefilled Syringes Market, by application, is segmented into Diabetes, Rheumatoid Arthritis, Anaphylaxis, Cancer, Thrombosis, and Ophthalmology segments. Among the applications, the diabetes segment holds the highest share in India Prefilled Syringes Market. According to the 2023 ICMR-INDIAB study, more than 101 million Indians were diagnosed with diabetes. The vast diabetes population drives the demand for effective diabetes management tools, including prefilled syringes. Prefilled syringes offer a convenient and efficient way for patients to manage their diabetes, promoting self-care and reducing reliance on frequent clinic visits. It is particularly important with advancements in biologics, where prefilled syringes and auto-injectors become even more crucial for independent health management. Also, the global rise in diabetes cases further fuels the demand for prefilled syringes. As a major public health concern, diabetes requires reliable and user-friendly insulin delivery methods, which prefilled syringes provide. As a result, the expanding diabetic population, along with the need for improved insulin delivery methods, is expected to propel the growth of Prefilled Syringes Market in India and globally over the forecast period.

India Prefilled Syringes Market – By Distribution Channel

Based on distribution channel, India Prefilled Syringes Market is divided into Hospital Pharmacies, Retail Pharmacies & Drug Stores, and E-commerce segments.

India Prefilled Syringes Market – By Region

Geographically, India Prefilled Syringes Market is divided into North India, South India, East India, and West India regions.

Competitive Landscape

Major players operating in the intensely competitive India Prefilled Syringes Market include Hindustan Syringes & Medical Devices Ltd, Nipro India Corporation Pvt Ltd, Schott Kaisha Pvt Ltd, Becton Dickinson India Pvt Ltd (BD India), West Pharmaceutical Services India Pvt Ltd, Vetter Pharma International GmbH, Gerresheimer India Pvt Ltd, Nipro Medical India Pvt Ltd, Ypsomed India Pvt Ltd, Torso Healthcare Ltd, Aspire Lifesciences Pvt Ltd, Baxter India Pvt Ltd, Fabtech Technologies International Ltd, Desai Surgical & Pharmaceuticals, and Zen Pharma Pvt Ltd. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Scope of the Report

 

Attributes

Details

Years Considered

Historical Data – 2019–2030

Base Year – 2023

Estimated Year – 2024

Forecast Period – 2024–2030

Facts Covered

By Value - USD Billion

By Volume - Billion Doses

Market Coverage

India 

Product/ Service Segmentation

Type, Design, Material, Application, Distribution Channel, Region

Key Players

Hindustan Syringes & Medical Devices Ltd, Nipro India Corporation Pvt Ltd, Schott Kaisha Pvt Ltd, Becton Dickinson India Pvt Ltd (BD India), West Pharmaceutical Services India Pvt Ltd, Vetter Pharma International GmbH, Gerresheimer India Pvt Ltd, Nipro Medical India Pvt Ltd, Ypsomed India Pvt Ltd, Torso Healthcare Ltd, Aspire Lifesciences Pvt Ltd, Baxter India Pvt Ltd, Fabtech Technologies International Ltd, Desai Surgical & Pharmaceuticals, Zen Pharma Pvt Ltd

 

By Type

  • Conventional Prefilled Syringes

  • Safety Prefilled Syringes

By Design

  • Single Chamber

  • Dual Chamber

  • Multiple Chamber

By Material

  • Glass

  • Plastic

By Application

  • Diabetes

  • Rheumatoid Arthritis

  • Anaphylaxis

  • Cancer

  • Thrombosis

  • Ophthalmology

By Distribution Channel

  • Hospital Pharmacies

  • Retail Pharmacies & Drug Stores

  • E-commerce

By Region

  • North India

  • South India

  • East India

  • West India

 
  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Executive Summary
  3. India Prefilled Syringes Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
        1. Rising prevalence of chronic diseases
        2. Growing biologics and biosimilars market
        3. Government initiatives promoting vaccination and affordable medication
        4. Focus on convenience and safety for healthcare workers
      2. Restraints
        1. High cost compared to traditional vials and syringes
        2. Lack of awareness among patients and healthcare providers
      3. Opportunities
        1. Increasing demand for self-injection devices
        2. Rise in home healthcare services
      4. Challenges
        1. Stringent regulatory requirements
        2. Competition from international prefilled syringe manufacturers
    3. Technological Advancements/Recent Developments
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  4. India Prefilled Syringes Market: Marketing Strategies
  5. India Prefilled Syringes Market Overview
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
        1. Conventional Prefilled Syringes
          1. Disposable Prefilled Syringes
          2. Reusable Prefilled Syringes
        2. Safety Prefilled Syringes
      2. By Design
        1. Single Chamber
        2. Dual Chamber
        3. Multiple Chamber
      3. By Material
        1. Glass
        2. Plastic
      4. By Application
        1. Diabetes
        2. Rheumatoid Arthritis
        3. Anaphylaxis
        4. Cancer
        5. Thrombosis
        6. Ophthalmology
        7. Others
      5. By Distribution Channel
        1. Hospital Pharmacies
        2. Retail Pharmacies & Drug Stores
        3. E-commerce
      6. By Region
        1. North India
        2. South India
        3. East India
        4. West India
  6. North India Prefilled Syringes Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Design
      3. By Material
      4. By Application
      5. By Distribution Channel
  7. South India Prefilled Syringes Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Design
      3. By Material
      4. By Application
      5. By Distribution Channel
  8. East India Prefilled Syringes Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Design
      3. By Material
      4. By Application
      5. By Distribution Channel
  9. West India Prefilled Syringes Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Design
      3. By Material
      4. By Application
      5. By Distribution Channel
  10. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. India Prefilled Syringes Company Market Share Analysis, 2023
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
  11. Impact of Escalating Geopolitical Tensions on India Prefilled Syringes Market
  12. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
    1. Hindustan Syringes & Medical Devices Ltd
    2. Nipro India Corporation Pvt Ltd
    3. Schott Kaisha Pvt Ltd
    4. Becton Dickinson India Pvt Ltd (BD India)
    5. West Pharmaceutical Services India Pvt Ltd
    6. Vetter Pharma International GmbH
    7. Gerresheimer India Pvt Ltd
    8. Nipro Medical India Pvt Ltd
    9. Ypsomed India Pvt Ltd
    10. Torso Healthcare Ltd
    11. Aspire Lifesciences Pvt Ltd
    12. Baxter India Pvt Ltd
    13. Fabtech Technologies International Ltd
    14. Desai Surgical & Pharmaceuticals
    15. Zen Pharma Pvt Ltd
    16. Other Prominent Players
  13. Key Strategic Recommendations
  14. Research Methodology
    1. Qualitative Research
      1. Primary & Secondary Research
    2. Quantitative Research
    3.  Market Breakdown & Data Triangulation
      1.  Secondary Research
      2.  Primary Research
    4.  Breakdown of Primary Research Respondents, By Region
    5.  Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.

 

 

List of Figures

 

Figure 1       India Prefilled Syringes Segmentation

Figure 2       India Prefilled Syringes Market Value Chain Analysis

Figure 3       Company Market Share Analysis, 2023

Figure 4       India Prefilled Syringes Market Size, By Value (USD Billion), 2019–2030

Figure 5       India Prefilled Syringes Market Share, By Type, By Value, 2019–2030

Figure 6       India Prefilled Syringes Market Share, By Design, By Value, 2019–2030

Figure 7       India Prefilled Syringes Market Share, By Material, By Value, 2019–2030

Figure 8       India Prefilled Syringes Market Share, By Application, By Value, 2019–2030

Figure 9       India Prefilled Syringes Market Share, By Distribution Channel, By Value, 2019–2030

Figure 10     North India Prefilled Syringes Market Size, By Value (USD Billion), 2019–2030

Figure 11     North India Prefilled Syringes Market Share, By Type, By Value, 2019–2030

Figure 12     North India Prefilled Syringes Market Share, By Design, By Value, 2019–2030

Figure 13     North India Prefilled Syringes Market Share, By Material, By Value, 2019–2030

Figure 14     North India Prefilled Syringes Market Share, By Application, By Value, 2019–2030

Figure 15     North India Prefilled Syringes Market Share, By Distribution Channel, By Value, 2019–2030

Figure 16     South India Prefilled Syringes Market Size, By Value (USD Billion), 2019–2030

Figure 17     South India Prefilled Syringes Market Share, By Type, By Value, 2019–2030

Figure 18     South India Prefilled Syringes Market Share, By Design, By Value, 2019–2030

Figure 19     South India Prefilled Syringes Market Share, By Material, By Value, 2019–2030

Figure 20     South India Prefilled Syringes Market Share, By Application, By Value, 2019–2030

Figure 21     South India Prefilled Syringes Market Share, By Distribution Channel, By Value, 2019–2030

Figure 22     East India Prefilled Syringes Market Size, By Value (USD Billion), 2019–2030

Figure 23     East India Prefilled Syringes Market Share, By Type, By Value, 2019–2030

Figure 24     East India Prefilled Syringes Market Share, By Design, By Value, 2019–2030

Figure 25     East India Prefilled Syringes Market Share, By Material, By Value, 2019–2030

Figure 26     East India Prefilled Syringes Market Share, By Application, By Value, 2019–2030

Figure 27     East India Prefilled Syringes Market Share, By Distribution Channel, By Value, 2019–2030

Figure 28     West India Prefilled Syringes Market Size, By Value (USD Billion), 2019–2030

Figure 29     West India Prefilled Syringes Market Share, By Type, By Value, 2019–2030

Figure 30     West India Prefilled Syringes Market Share, By Design, By Value, 2019–2030

Figure 31     West India Prefilled Syringes Market Share, By Material, By Value, 2019–2030

Figure 32     West India Prefilled Syringes Market Share, By Application, By Value, 2019–2030

Figure 33     West India Prefilled Syringes Market Share, By Distribution Channel, By Value, 2019–2030

 

 

List of Tables

 

Table 1        India Prefilled Syringes Market Size, By Value (USD Billion), 2019–2030

Table 2        India Prefilled Syringes Market Share, By Type, By Value, 2019–2030

Table 3        India Prefilled Syringes Market Share, By Design, By Value, 2019–2030

Table 4        India Prefilled Syringes Market Share, By Material, By Value, 2019–2030

Table 5        India Prefilled Syringes Market Share, By Application, By Value, 2019–2030

Table 6        India Prefilled Syringes Market Share, By Distribution Channel, By Value, 2019–2030

Table 7        North India Prefilled Syringes Market Size, By Value (USD Billion), 2019–2030

Table 8        North India Prefilled Syringes Market Share, By Type, By Value, 2019–2030

Table 9        North India Prefilled Syringes Market Share, By Design, By Value, 2019–2030

Table 10      North India Prefilled Syringes Market Share, By Material, By Value, 2019–2030

Table 11      North India Prefilled Syringes Market Share, By Application, By Value, 2019–2030

Table 12      North India Prefilled Syringes Market Share, By Distribution Channel, By Value, 2019–2030

Table 13      South India Prefilled Syringes Market Size, By Value (USD Billion), 2019–2030

Table 14      South India Prefilled Syringes Market Share, By Type, By Value, 2019–2030

Table 15      South India Prefilled Syringes Market Share, By Design, By Value, 2019–2030

Table 16      South India Prefilled Syringes Market Share, By Material, By Value, 2019–2030

Table 17      South India Prefilled Syringes Market Share, By Application, By Value, 2019–2030

Table 18      South India Prefilled Syringes Market Share, By Distribution Channel, By Value, 2019–2030

Table 19      East India Prefilled Syringes Market Size, By Value (USD Billion), 2019–2030

Table 20      East India Prefilled Syringes Market Share, By Type, By Value, 2019–2030

Table 21      East India Prefilled Syringes Market Share, By Design, By Value, 2019–2030

Table 22      East India Prefilled Syringes Market Share, By Material, By Value, 2019–2030

Table 23      East India Prefilled Syringes Market Share, By Application, By Value, 2019–2030

Table 24      East India Prefilled Syringes Market Share, By Distribution Channel, By Value, 2019–2030

Table 25      West India Prefilled Syringes Market Size, By Value (USD Billion), 2019–2030

Table 26      West India Prefilled Syringes Market Share, By Type, By Value, 2019–2030

Table 27      West India Prefilled Syringes Market Share, By Design, By Value, 2019–2030

Table 28      West India Prefilled Syringes Market Share, By Material, By Value, 2019–2030

Table 29      West India Prefilled Syringes Market Share, By Application, By Value, 2019–2030

Table 30      West India Prefilled Syringes Market Share, By Distribution Channel, By Value, 2019–2030

Table 31      Hindustan Syringes & Medical Devices Ltd Company Overview

Table 32      Hindustan Syringes & Medical Devices Ltd Financial Overview

Table 33      Nipro India Corporation Pvt Ltd Company Overview

Table 34      Nipro India Corporation Pvt Ltd Financial Overview

Table 35      Schott Kaisha Pvt Ltd Company Overview

Table 36      Schott Kaisha Pvt Ltd Financial Overview

Table 37      Becton Dickinson India Pvt Ltd (BD India) Company Overview

Table 38      Becton Dickinson India Pvt Ltd (BD India) Financial Overview

Table 39      West Pharmaceutical Services India Pvt Ltd Company Overview

Table 40      West Pharmaceutical Services India Pvt Ltd Financial Overview

Table 41      Vetter Pharma International GmbH Company Overview

Table 42      Vetter Pharma International GmbH Financial Overview

Table 43      Gerresheimer India Pvt Ltd Company Overview

Table 44      Gerresheimer India Pvt Ltd Financial Overview

Table 45      Nipro Medical India Pvt Ltd Company Overview

Table 46      Nipro Medical India Pvt Ltd Financial Overview

Table 47      Ypsomed India Pvt Ltd Company Overview

Table 48      Ypsomed India Pvt Ltd Financial Overview

Table 49      Torso Healthcare Ltd Company Overview

Table 50      Torso Healthcare Ltd Financial Overview

Table 51      Aspire Lifesciences Pvt Ltd Company Overview

Table 52      Aspire Lifesciences Pvt Ltd Financial Overview

Table 53      Baxter India Pvt Ltd Company Overview

Table 54      Baxter India Pvt Ltd Financial Overview

Table 55      Fabtech Technologies International Ltd Company Overview

Table 56      Fabtech Technologies International Ltd Financial Overview

Table 57      Desai Surgical & Pharmaceuticals Company Overview

Table 58      Desai Surgical & Pharmaceuticals Financial Overview

Table 59      Zen Pharma Pvt Ltd Company Overview

Table 60      Zen Pharma Pvt Ltd Financial Overview

Table 61      Other Prominent Players Company Overview

Table 62      Other Prominent Players Financial Overview

Market Segmentation

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Frequently Asked Questions (FAQs):

Ans: India Prefilled Syringes Market size by value was estimated at USD 1.13 billion in 2023.
Ans: India Prefilled Syringes Market by value is expected to grow at a CAGR of 6.89% during the forecast period between 2024 and 2030.
Ans: India Prefilled Syringes Market size is forecast to reach a value of USD 3.17 billion by 2030.
Ans: The growth of India Prefilled Syringes Market is primarily driven by the rising prevalence of chronic diseases, growing biologics and biosimilars market, government initiatives promoting vaccination and affordable medication, and focus on convenience and safety for healthcare workers.
Ans: The diabetes segment is expected to grow at the highest CAGR in India Prefilled Syringes Market during the forecast period between 2024 and 2030.
Ans: Key players in India Prefilled Syringes Market include Hindustan Syringes & Medical Devices Ltd, Nipro India Corporation Pvt Ltd, Schott Kaisha Pvt Ltd, Becton Dickinson India Pvt Ltd (BD India), West Pharmaceutical Services India Pvt Ltd, Vetter Pharma International GmbH, Gerresheimer India Pvt Ltd, Nipro Medical India Pvt Ltd, Ypsomed India Pvt Ltd, Torso Healthcare Ltd, Aspire Lifesciences Pvt Ltd, Baxter India Pvt Ltd, Fabtech Technologies International Ltd, Desai Surgical & Pharmaceuticals, and Zen Pharma Pvt Ltd.