European Prefilled Syringes Markets

Research Overview

Material of Construction: Creates Further Stability Issues as New Applications for Prefilled Syringes are Created but Technology Market Drivers Spurs further Innovations in this Market

The major challenge faced by the prefilled syringe manufacturers is to eliminate the interaction between drugs and packaging materials. For example, some proteins and peptides in biological drugs can react with the silicone causing problems with stability. One of the reasons that prefilled syringes are one of the fastest expanding growth opportunity areas and stand to make strong gains (along with other specialized drug delivery systems such as drug eluting stents) is because of technological advances. Especially with the developments of advanced polymers and plastics. However, the use of plastic is limited at the moment as glass has long been considered industry standard. Any transition from glass to plastic requires huge investment by the manufacturers. End users also need convincing. This report explores some of these issues.

Manufacturers Need to Keep Up With the Pace of Pharmaceutical/Biotechnology Developments: More Complex Technology Required and Investment in Manufacturing but Significant Opportunities for the Prefilled Syringe Manufacturers

With the market demand for prefills on the rise, there is a need to improve supply levels by increasing existing capacity or generating new sources of supply. The main reason for this increase in demand is because users are shifting from conventional modes. As older molecules are being replaced by new molecules and launched directly into prefilled syringes we will continue to see growth in the prefilled syringe market. One of the biggest sources of prefilled syringes is heparins and vaccines. The strategy section of the study will enable prefilled syringe manufacturers understand the importance of valuefacturing and differentiation to create a source of competitive advantage.

Safety Elements and Single Dose Disposable Formats: Spurs Further Innovations and Demand for Prefilled Syringes

Prefilled syringes have actually been around for more than two decades. The European market for prefilled syringes is relatively more mature compared to the US market, which is still relatively smaller and younger. However, the market for prefilled syringes has seen healthy growth in recent years as the pharmaceutical industry has grown and become more sophisticated. The European market for prefilled syringes is worth $300 million and is growing at between 8-10 percent per annum. Prefilled syringe manufacturers have had to therefore respond to increasing demand, new requirements and more sophisticated forms of drug delivery. There has been great development in syringes. New products are being put in syringes now. Prefilled syringes are used to package injectable drugs and diluents. Some of the categories of drugs packaged in prefilled syringes are vaccines, blood stimulants, therapeutic proteins, erythroproteins, interferons and rheumatoid arthritis. Many new products that must be injected should be prefilled, with security being the main reason why.

Benefits of this Service

Acquisition Ideas or Techniques

The major prefilled syringe manufacturers in the industry can benefit from understanding the current competitive landcape. Who are the leaders? Who are the followers? Potential entrants can possibly use this as a way of entering the market through possible aquistion/merger strategies.

Identification of Market Trends, which Provide Opportunities

A birds eye view of the trends in Europe is provided. In absence of precise and mandatory legislation, trends of the market along with the drivers, restrains and challenges in the present and that can be expected in the future will be of immense use.

Assesing Present Situation in Order to Plan Over Product Life-cycle

A market in its growth stage is very sensitive to changes in technology and product positioning. The knowledge of present indicaors plus forecasts of future trends is essential to good production and expansion strategies to meet future demands.

Increased Credibility to Planning

Meticulate market study and presentation of market metrics will add the needed credibility to the planning process within the respctive companies. It will also facilitate comparitive analysis and preperation planning of the marketing, sales and public relations departments.

Improved Accuracy of Forecasting

Market forecasts with data and analysis would enable effecive company forecasting. The report can also be used as a benchmark, or as a support to other data that the company has identified. The general view of the market will also be gleaned as the report involves the participation of major market players .

Market Sectors

Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:

• The Market for Prefilled Syringes
• Glass Prefilled Syringes
• Plastic Prefilled Syringes

Technologies

The following technology is covered in this research:

• Prefilled Syringe: A syringe is essentially a device used in medicine to inject fluid into or withdraw fluid from the body. Medical syringes consist of a needle attached to a hollow cylinder that is fitted with a sliding plunger. The downward movement of the plunger injects fluid; upward movement withdraws fluid. A prefilled syringe is a single-dose packet of vaccine to which a needle has been fixed by the manufacturer. A prefilled syringe is not positioned as a high technology product such as needle free injectors which involves pioneering drug delivery technologies. Neither is it a simple technology (for example tabulating). Instead it is positioned in the middle, being on the border line of simple to advance.