Global Syringe Filling Machine Market
Market Size in USD Billion
CAGR :
% 
 Forecast Period |
2023 –2030 |
 Market Size (Base Year) |
USD 2,337.68 Million |
 Market Size (Forecast Year) |
USD 3,811.11 Million |
 CAGR |
% |
| Major Markets Players |
Global Syringe Filling Machine Market, By Product (Automated, Semi-Automated), Material Type (Glass, Plastic), Dose Volume (0ml to 10 Ml, 10ml to 30ml, 30ml to 50ml, 50ml & Above), Output Capacity (4000 Syringes to 10000 Syringes Per Hour, 10000 Syringes to 20000 Syringes Per Hour, 20000 Syringes to 40000 Syringes Per Hour, 40000 Syringes Per Hour and More), Application (Industrial Pharmacy and Hospital Pharmacy) – Industry Trends and Forecast to 2030.
Syringe Filling Machine Market Analysis and Size
The expansion of biotechnology sector across the globe, acts as one of the major factors driving the growth of global syringe filling machine market. The increase in the adoption of the syringes and other ready-to-use (RTU) components for a numerous parenteral dosage forms and rise in demand for prefilled syringes owning to the growing need for patient safety, reduced cost of production in the pharmaceutical industry and enhanced working conditions accelerate the market growth Additionally, improving healthcare infrastructure, increase in need for enhanced safety mechanisms for syringes and rise in the automation in the industries positively affect the global syringe filling machine market.
Data Bridge Market Research analyses that the global syringe filling machine market which was USD 2,337.68 million in 2022, and would rocket up to USD 3,811.11 million by 2030, and is expected to undergo a CAGR of 6.3% during the forecast period 2023-2030. This indicates that the market value. “Hospital Pharmacy” dominates the application segment of the global syringe filling machine market owing to the wide range of product applications found in hospitals. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Syringe Filling Machine Market Scope and Segmentation
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Report Metric |
Details |
|
Forecast Period |
2023 to 2030 |
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Base Year |
2022 |
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Historic Years |
2021 (Customizable to 2015-2020) |
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Quantitative Units |
Revenue in USD Million, Volumes in Units, Pricing in USD |
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Segments Covered |
Product (Automated, Semi-Automated), Material Type (Glass, Plastic), Dose Volume (0ml to 10 Ml, 10ml to 30ml, 30ml to 50ml, 50ml & Above), Output Capacity (4000 Syringes to 10000 Syringes Per Hour, 10000 Syringes to 20000 Syringes Per Hour, 20000 Syringes to 40000 Syringes Per Hour, 40000 Syringes Per Hour and More), Application (Industrial Pharmacy and Hospital Pharmacy) |
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Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
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Market Players Covered |
M&O Perry Industries, Inc. (U.S.),Syntegon Technology GmbH (Germany),Medefil, Inc. (U.S.),Shanghai Shen Yue Packing Machinery Manufacturing Co., Ltd. (China),WINCKLER&CO, LTD. (Germany),Dymax (U.S.),TurboFil Packaging Machines, LLC (U.S.), Ashby Cross Co., Inc. (U.S.), MAQUINARIA INDUSTRIAL DARA (Spain),Vanrx (Canada), Nordson Corporation (U.S.),Musashi Engineering, Inc. (Japan), I.M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A. ( Italy), Romaco Group (Germany),Added Pharma (Netherlands),AST (U.S.),SHENZHEN PENGLAI Industrial Corporation Limited (China),OPTIMA packaging group GmbH (Germany),Reagent Chemical - United States (U.S.),HM Pharmachine Swiss GmbH (Switzerland) |
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Market Opportunities |
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Market Definition
Syringe filling refers to a process where drug or other fluid is filled into the syringe. The syringe filling machine is used to protect drugs from contamination. A syringe filling machine is referred to as a machine utilized to fill the desired drug into the pre-sterile syringes. The machine allows batch filling of syringes for hospital pharmacy and pharmaceutical sectors.
Global Syringe Filling Machine Market Dynamics
Drivers
- Increasing Prevalence of Chronic Diseases
The increasing number of chronic diseases in the region that require frequent vaccine usage is one of the prominent factors contributing to the growth of the market over the forecast period. According to the hepatitis B foundation, up to 80,000 Americans will become newly infected with Hepatitis B each year, and more than 2 million Americans are chronically infected. More and more manufacturers in this region are getting approval for prefilled syringes for Hepatitis B vaccines. Dynavax was one of the major pharma company to receive FDA approval for their pre-filled syringe vaccine HEPLISAV-B in March 2018.
- Increased Shelf Life and Reduction of Wastage
It is estimated that the medication stored inside of a prefilled syringe cartridge will remain sterile for approximately two to three years when compared to a standard syringe which can be sterile for only 12 hours when filled. Also, the prefilled syringes have lesser overfill when compared to manual filling. It is estimated that for a 0.5 ml vial, the USP recommends 20-25% overfill. In contrast, for 0.5 ml, the required overfills are less than 2%. As a result, potentially 18-23% more doses can be produced. This is expected to act as driver for the market
- Increasing Adoption of Prefilled Syringes for Self-Administration of Parenteral Drugs
The increasing adoption of prefilled syringes for self-administration of parenteral drugs is expected to be a significant driver of market growth in the near future. The ease and convenience of the administration process offer numerous advantages that are likely to increase the demand for the product in the years ahead which will further act as driver that will lead to the growth of the global syringe filling machine market in the above mentioned projected timeframe.
Moreover, the pharmaceutical industry continues to expand globally, driven by factors like population growth, aging demographics, and increasing healthcare expenditure which results in accelerating the global syringe filling machine market growth.
Opportunity
- Rise in Technological Advancements
The technological advancements in the region in terms of robotics is one of the prominent factors that would drive the growth of the syringe filling machine in the region. Ongoing technological advancements have led to the development of syringe filling machines with enhanced automation, precision, and flexibility will extend profitable opportunities for the market players in the forecast period of 2023 to 2030.
Additionally, it is observed that emerging biotechnology sector are increasingly. The biotechnology sector's expansion, including the development of biologics and biosimilar, has increased the demand for syringe filling machines for specialized applications. This will further expand the market's growth rate in the future.
Restraint/Challenge
- High Cost Associated with the Syringe Filling Machine
On the other hand, high cost associated with syringe filling machine is expected to obstruct the global syringe filling machine market growth. Syringe filling machines are sophisticated and highly specialized equipment, often requiring significant upfront investment for purchase, installation, and maintenance. This cost can deter smaller pharmaceutical manufacturers and start-ups from entering the market. Moreover, stringent regulatory compliance for syringe filling machine is projected to challenge the global syringe filling machine market in the forecast period 2023-2030.
This global syringe filling machine market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global syringe filling machine market Contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Development
- In February 2019, BD launched BD HylokTM, its new glass pre-fillable syringe for the administration of viscous solutions such as hyaluronic acid dermal fillers available in 1ml long format, with additional sizes to be introduced in the future, and comes with an extensive data package to support product or drug manufacturers developmental, technical and registration efforts
Global Syringe Filling Machine Market Scope
The global syringe filling machine market is segmented on the basis of product, material type, dose volume, output capacity and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Automated
- Semi-Automated
Material Type
- Glass
- Plastic
Dose Volume
- 0ml to 10 Ml
- 10ml to 30ml
- 30ml to 50ml
- 50ml & Above
Output Capacity
- 4000 Syringes to 10000 Syringes Per Hour
- 10000 Syringes to 20000 Syringes Per Hour
- 20000 Syringes to 40000 Syringes Per Hour
- 40000 Syringes Per Hour and More
Application
- Industrial Pharmacy
- Hospital Pharmacy
Global Syringe Filling Machine Market Regional Analysis/Insights
The global syringe filling machine market is analysed and market size insights and trends are provided by country, product, material type, dose volume, output capacity and application as referenced above.
The countries covered in the global syringe filling machine market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the global syringe filling machine market due to rising incidence of dental disorders, high prevalence of ENT disorders, increase in expenditure on dental services, growth in awareness of CBCT systems through conferences and symposia in this region.
Asia-Pacific is expected to grow at the highest growth rate during the forecast period of 2023 to 2030 owing to strategic initiatives adopted by the regional participants to reinforce their presence in local as well as global markets.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
The global syringe filling machine market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for global syringe filling machine market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the global syringe filling machine market. The data is available for historic period 2015-2020.
Competitive Landscape and Global Syringe Filling Machine Market Share Analysis
The global syringe filling machine market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to global syringe filling machine market.
Some of the major players operating in the global syringe filling machine market are:
- M&O Perry Industries, Inc. (U.S.)
- Syntegon Technology GmbH (Germany)
- Medefil, Inc. (U.S.)
- Shanghai Shen Yue Packing Machinery Manufacturing Co., Ltd. (China)
- WINCKLER&CO, LTD. (Germany)
- Dymax (U.S.)
- TurboFil Packaging Machines, LLC (U.S.)
- Ashby Cross Co., Inc. (U.S.)
- MAQUINARIA INDUSTRIAL DARA (Spain)
- Vanrx (Canada)
- Nordson Corporation (U.S.)
- Musashi Engineering, Inc. (Japan)
- I.M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A. (Italy)
- Romaco Group (Germany)
- Added Pharma (Netherlands)
- AST (U.S.)
- SHENZHEN PENGLAI Industrial Corporation Limited (China)
- OPTIMA packaging group GmbH (Germany)
- Reagent Chemical - United States (U.S.)
- HM Pharmachine Swiss GmbH (Switzerland)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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