South & Central America Prefilled Syringe Market Forecast to 2030 - Regional Analysis - by Type (Disposable Prefilled Syringes and Reusable Prefilled Syringes), Material (Glass Prefilled Syringes and Plastic Prefilled Syringes), Design (Single Chamber and Multi-chamber), Application (Cancer, Diabetes, Autoimmune Disease, Infectious diseases, and Others), and Distribution Channel (Hospital Pharmacy, Retail Pharmacy, and Online Channel)
The South & Central America prefilled syringe market was valued at US$ 286.05 million in 2022 and is expected to reach US$ 606.63 million by 2030; it is estimated to register a CAGR of 9.9% from 2022 to 2030.
Strategic Initiatives by Market Players Fuel South & Central America Prefilled Syringe Market
Various market players focus on product launches or strategic collaborations for the development of advanced products that help in the treatment of chronic disorders with ease. There have been various recent developments, such as product launches, mergers, and acquisitions in recent years. A few of them are mentioned below:
- In April 2023, Delta Med Group partnered with DBM, a leading manufacturer of prefilled syringes. Delta Med Group and DBM will expand their portfolio, profiting from highly complementary products and R&D capabilities, improving their ability to serve customers. The partnership will generate significant synergies and boost the growth trajectory of the combined entity.
- In March 2021, SK bioscience launched a new shingles vaccine called ´SKYZoster® Ini.' The newly introduced prefilled syringe type SKYZoster can be administered more conveniently than the current intramuscular injection type in which water for injection and freeze-dried vaccine are mixed and then transferred back into the syringe.
Thus, a surge in product launches and strategic collaborations is likely to create considerable growth opportunities for the prefilled syringes market in the future.
South & Central America Prefilled Syringe Market Overview
The prefilled syringes market in South & Central America is segmented into Brazil, Argentina, and the Rest of South & Central America. The prefilled syringes market is driven by increasing incidences of diabetes and infertility, and other chronic disorders followed by product development activities undertaken by major market players.
According to the International Diabetes Federation (IDF), in 2021, ~16.0 million people are living with diabetes with the prevalence rate of 10.5% and the number is expected to increase by 55% by 2045. ~90% of all diabetes diagnosed are type 2 diabetes. Further, according to the IDF, the group of children and adolescents in Brazil (age 0-14) rank third in the global panorama of type 1 diabetes, with 55,500 cases reported in 2022.
Additionally, increasing product launches for treating chronic disorders is expected to support the overall market growth in the country. In August 2021, PTC Therapeutics, Inc. ANVISA (Agência Nacional de Vigilância Sanitária) approved Waylivra (volanesorsen) as the first treatment for familial chylomicronemia syndrome (FCS) in Brazil. FCS is a rare genetic disease that results in significant disease burden to patients including potentially fatal pancreatitis and chronic complications due to permanent organ damage. Therefore, all the above factors are expected to drive the growth of prefilled syringes market.
South & Central America Prefilled Syringe Market Revenue and Forecast to 2030 (US$ Million)
South & Central America Prefilled Syringe Market Segmentation
The South & Central America prefilled syringe market is segmented based on type, material, design, application, distribution channel, and country.
Based on type, the South & Central America prefilled syringe market is bifurcated into disposable prefilled syringes and reusable prefilled syringes. The disposable prefilled syringes segment held a larger South & Central America prefilled syringe market share in 2022.
In terms of material, the South & Central America prefilled syringe market is bifurcated into glass prefilled syringes and plastic prefilled syringes. The glass prefilled syringes segment held a larger South & Central America prefilled syringe share in 2022.
Based on designs, the South & Central America prefilled syringe market is bifurcated into single chamber and multi chamber. The single chamber segment held a larger South & Central America prefilled syringe share in 2022.
In terms of application, the South & Central America prefilled syringe market is segmented into cancer, diabetes, autoimmune disease, infectious diseases, and others. The others segment held the largest South & Central America prefilled syringe share in 2022.
By distribution channel, the South & Central America prefilled syringe market is segmented into hospital pharmacy, retail pharmacy, and online channel. The hospital pharmacy segment held the largest South & Central America prefilled syringe market share in 2022.
Based on country, the South & Central America prefilled syringe market is categorized into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America prefilled syringe market in 2022.
B Braun Se, Baxter International Inc, Becton Dickinson and Co, Gerresheimer Ag, Schott Ag, Shandong Weigao Group Medical Polymer Co Ltd, and Ypsomed Holding Ag are some of the leading companies operating in the South & Central America prefilled syringe market.
Table of Content
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South & Central America Prefilled Syringe Market - Key Industry Dynamics
4.1 Market Drivers
4.1.1 Increasing Prevalence of Chronic Disorders
4.1.2 Growing Adoption of Self-Injecting Parenteral Devices
4.2 Market Restraints
4.2.1 Increasing Product Recalls
4.3 Market Opportunities
4.3.1 Strategic Initiatives by Market Players
4.4 Future Trends
4.4.1 Ongoing Innovation in Prefilled Syringes
4.5 Impact Analysis
5. Prefilled Syringe Market - South & Central America Market Analysis
5.1 South & Central America Prefilled Syringe Market Revenue (US$ Mn), 2022 - 2030
6. South & Central America Prefilled Syringe Market - Revenue and Forecast to 2030 - by Type
6.1 Overview
6.2 South & Central America Prefilled Syringe Market Revenue Share, by Type 2022 & 2030 (%)
6.3 Disposable Prefilled Syringes
6.3.1 Overview
6.3.2 Disposable Prefilled Syringes: South & Central America Prefilled Syringe Market - Revenue and Forecast to 2030 (US$ Million)
6.4 Reusable Prefilled Syringes
6.4.1 Overview
6.4.2 Reusable Prefilled Syringes: South & Central America Prefilled Syringe Market - Revenue and Forecast to 2030 (US$ Million)
7. South & Central America Prefilled Syringe Market - Revenue and Forecast to 2030 - by Material
7.1 Overview
7.2 South & Central America Prefilled Syringe Market Revenue Share, by Material 2022 & 2030 (%)
7.3 Glass Prefilled Syringes
7.3.1 Overview
7.3.2 Glass Prefilled Syringes: South & Central America Prefilled Syringe Market - Revenue and Forecast to 2030 (US$ Million)
7.4 Plastic Prefilled Syringes
7.4.1 Overview
7.4.2 Plastic Prefilled Syringes: South & Central America Prefilled Syringe Market - Revenue and Forecast to 2030 (US$ Million)
8. South & Central America Prefilled Syringe Market - Revenue and Forecast to 2030 - by Design
8.1 Overview
8.2 South & Central America Prefilled Syringe Market Revenue Share, by Design 2022 & 2030 (%)
8.3 Single Chamber
8.3.1 Overview
8.3.2 Single Chamber: South & Central America Prefilled Syringe Market - Revenue and Forecast to 2030 (US$ Million)
8.4 Multi-chamber
8.4.1 Overview
8.4.2 Multi-chamber: South & Central America Prefilled Syringe Market - Revenue and Forecast to 2030 (US$ Million)
9. South & Central America Prefilled Syringe Market - Revenue and Forecast to 2030 - by Application
9.1 Overview
9.2 South & Central America Prefilled Syringe Market Revenue Share, by Application 2022 & 2030 (%)
9.3 Cancer
9.3.1 Overview
9.3.2 Cancer: South & Central America Prefilled Syringe Market - Revenue and Forecast to 2030 (US$ Million)
9.4 Diabetes
9.4.1 Overview
9.4.2 Diabetes: South & Central America Prefilled Syringe Market - Revenue and Forecast to 2030 (US$ Million)
9.5 Autoimmune Diseases
9.5.1 Overview
9.5.2 Autoimmune Diseases: South & Central America Prefilled Syringe Market - Revenue and Forecast to 2030 (US$ Million)
9.6 Infectious Diseases
9.6.1 Overview
9.6.2 Infectious Diseases: South & Central America Prefilled Syringe Market - Revenue and Forecast to 2030 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: South & Central America Prefilled Syringe Market - Revenue and Forecast to 2030 (US$ Million)
10. South & Central America Prefilled Syringe Market - Revenue and Forecast to 2030 - by Distribution Channel
10.1 Overview
10.2 South & Central America Prefilled Syringe Market Revenue Share, by Distribution Channel 2022 & 2030 (%)
10.3 Hospital Pharmacies
10.3.1 Overview
10.3.2 Hospital Pharmacies: South & Central America Prefilled Syringe Market - Revenue and Forecast to 2030 (US$ Million)
10.4 Retail Pharmacies
10.4.1 Overview
10.4.2 Retail Pharmacies: South & Central America Prefilled Syringe Market - Revenue and Forecast to 2030 (US$ Million)
10.5 Online Channels
10.5.1 Overview
10.5.2 Online Channels: South & Central America Prefilled Syringe Market - Revenue and Forecast to 2030 (US$ Million)
11. South & Central America Prefilled Syringe Market - Country Analysis
11.1 South & Central America Prefilled Syringes Market, Revenue and Forecast to 2030
11.1.1 Overview
11.1.2 South & Central America Prefilled Syringes Market, by Country
11.1.2.1 Brazil
11.1.2.1.1 Overview
11.1.2.1.2 Brazil Prefilled Syringes Market Revenue and Forecast to 2030 (US$ Mn)
11.1.2.1.3 Brazil: Prefilled Syringes Market, by Type, 2020-2030 (US$ Million)
11.1.2.1.4 Brazil: Prefilled Syringes Market, by Material, 2020-2030 (US$ Million)
11.1.2.1.5 Brazil: Prefilled Syringes Market, by Design, 2020-2030 (US$ Million)
11.1.2.1.6 Brazil: Prefilled Syringes Market, by Application, 2020-2030 (US$ Million)
11.1.2.1.7 Brazil: Prefilled Syringes Market, by Distribution Channel, 2020-2030 (US$ Million)
11.1.2.2 Argentina
11.1.2.2.1 Overview
11.1.2.2.2 Argentina Prefilled Syringes Market Revenue and Forecast to 2030 (US$ Mn)
11.1.2.2.3 Argentina: Prefilled Syringes Market, by Type, 2020-2030 (US$ Million)
11.1.2.2.4 Argentina: Prefilled Syringes Market, by Material, 2020-2030 (US$ Million)
11.1.2.2.5 Argentina: Prefilled Syringes Market, by Design, 2020-2030 (US$ Million)
11.1.2.2.6 Argentina: Prefilled Syringes Market, by Application, 2020-2030 (US$ Million)
11.1.2.2.7 Argentina: Prefilled Syringes Market, by Distribution Channel, 2020-2030 (US$ Million)
11.1.2.3 Rest of South & Central America
11.1.2.3.1 Overview
11.1.2.3.2 Rest of South & Central America Prefilled Syringes Market Revenue and Forecast to 2030 (US$ Mn)
11.1.2.3.3 Rest of South & Central America: Prefilled Syringes Market, by Type, 2020-2030 (US$ Million)
11.1.2.3.4 Rest of South & Central America: Prefilled Syringes Market, by Material, 2020-2030 (US$ Million)
11.1.2.3.5 Rest of South & Central America: Prefilled Syringes Market, by Design, 2020-2030 (US$ Million)
11.1.2.3.6 Rest of South & Central America: Prefilled Syringes Market, by Application, 2020-2030 (US$ Million)
11.1.2.3.7 Rest of South & Central America: Prefilled Syringes Market, by Distribution Channel, 2020-2030 (US$ Million)
12. Industry Landscape
12.1 Overview
12.2 Organic Developments
12.2.1 Overview
12.3 Inorganic Developments
12.3.1 Overview
13. Company Profiles
13.1 B Braun SE
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Shandong Weigao Group Medical Polymer Co Ltd
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Gerresheimer AG
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Schott AG
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Becton Dickinson and Co
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Baxter International Inc
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Ypsomed Holding AG
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
14. Appendix
14.1 About Us
14.2 Glossary of Terms
List of Tables
Table 1. South & Central America Prefilled Syringe Market Segmentation
Table 2. Brazil Prefilled Syringes Market, by Type - Revenue and Forecast to 2030 (US$ Million)
Table 3. Brazil Prefilled Syringes Market, by Material - Revenue and Forecast to 2030 (US$ Million)
Table 4. Brazil Prefilled Syringes Market, by Design - Revenue and Forecast to 2030 (US$ Million)
Table 5. Brazil Prefilled Syringes Market, by Application - Revenue and Forecast to 2030 (US$ Million)
Table 6. Brazil Prefilled Syringes Market, by Distribution Channel - Revenue and Forecast to 2030 (US$ Million)
Table 7. Argentina Prefilled Syringes Market, by Type - Revenue and Forecast to 2030 (US$ Million)
Table 8. Argentina Prefilled Syringes Market, by Material - Revenue and Forecast to 2030 (US$ Million)
Table 9. Argentina Prefilled Syringes Market, by Design - Revenue and Forecast to 2030 (US$ Million)
Table 10. Argentina Prefilled Syringes Market, by Application - Revenue and Forecast to 2030 (US$ Million)
Table 11. Argentina Prefilled Syringes Market, by Distribution Channel - Revenue and Forecast to 2030 (US$ Million)
Table 12. Rest of South & Central America Prefilled Syringes Market, by Type - Revenue and Forecast to 2030 (US$ Million)
Table 13. Rest of South & Central America Prefilled Syringes Market, by Material - Revenue and Forecast to 2030 (US$ Million)
Table 14. Rest of South & Central America Prefilled Syringes Market, by Design - Revenue and Forecast to 2030 (US$ Million)
Table 15. Rest of South & Central America Prefilled Syringes Market, by Application - Revenue and Forecast to 2030 (US$ Million)
Table 16. Rest of South & Central America Prefilled Syringes Market, by Distribution Channel - Revenue and Forecast to 2030 (US$ Million)
Table 17. Organic Developments Done by Companies
Table 18. Inorganic Developments Done by Companies
Table 19. Glossary of Terms, Prefilled Syringe Market
List of Figures
Figure 1. South & Central America Prefilled Syringe Market Segmentation, By Country
Figure 2. Prefilled Syringe Market - Key Industry Dynamics
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. South & Central America Prefilled Syringe Market Revenue (US$ Mn), 2022 - 2030
Figure 5. South & Central America Prefilled Syringe Market Revenue Share, by Type 2022 & 2030 (%)
Figure 6. Disposable Prefilled Syringes: South & Central America Prefilled Syringe Market - Revenue and Forecast to 2030 (US$ Million)
Figure 7. Reusable Prefilled Syringes: South & Central America Prefilled Syringe Market - Revenue and Forecast to 2030 (US$ Million)
Figure 8. South & Central America Prefilled Syringe Market Revenue Share, by Material 2022 & 2030 (%)
Figure 9. Glass Prefilled Syringes: South & Central America Prefilled Syringe Market - Revenue and Forecast to 2030 (US$ Million)
Figure 10. Plastic Prefilled Syringes: South & Central America Prefilled Syringe Market - Revenue and Forecast to 2030 (US$ Million)
Figure 11. South & Central America Prefilled Syringe Market Revenue Share, by Design 2022 & 2030 (%)
Figure 12. Single Chamber: South & Central America Prefilled Syringe Market - Revenue and Forecast to 2030 (US$ Million)
Figure 13. Multi-chamber: South & Central America Prefilled Syringe Market - Revenue and Forecast to 2030 (US$ Million)
Figure 14. South & Central America Prefilled Syringe Market Revenue Share, by Application 2022 & 2030 (%)
Figure 15. Cancer: South & Central America Prefilled Syringe Market - Revenue and Forecast to 2030 (US$ Million)
Figure 16. Diabetes: South & Central America Prefilled Syringe Market - Revenue and Forecast to 2030 (US$ Million)
Figure 17. Autoimmune Diseases: South & Central America Prefilled Syringe Market - Revenue and Forecast to 2030 (US$ Million)
Figure 18. Infectious Diseases: South & Central America Prefilled Syringe Market - Revenue and Forecast to 2030 (US$ Million)
Figure 19. Others: South & Central America Prefilled Syringe Market - Revenue and Forecast to 2030 (US$ Million)
Figure 20. South & Central America Prefilled Syringe Market Revenue Share, by Distribution Channel 2022 & 2030 (%)
Figure 21. Hospital Pharmacies: South & Central America Prefilled Syringe Market - Revenue and Forecast to 2030 (US$ Million)
Figure 22. Retail Pharmacies: South & Central America Prefilled Syringe Market - Revenue and Forecast to 2030 (US$ Million)
Figure 23. Online Channels: South & Central America Prefilled Syringe Market - Revenue and Forecast to 2030 (US$ Million)
Figure 24. South & Central America Prefilled Syringes Market, by Key Country - Revenue (2022) (US$ Million)
Figure 25. South & Central America Prefilled Syringes Market, By Key Countries, 2022 and 2030 (%)
Figure 26. Brazil Prefilled Syringes Market Revenue and Forecast to 2030 (US$ Mn)
Figure 27. Argentina Prefilled Syringes Market Revenue and Forecast to 2030 (US$ Mn)
Figure 28. Rest of South & Central America Prefilled Syringes Market Revenue and Forecast to 2030 (US$ Mn)
1. B Braun Se
2. Baxter International Inc
3. Becton Dickinson And Co
4. Gerresheimer Ag
5. Schott Ag
6. Shandong Weigao Group Medical Polymer Co Ltd
7. Ypsomed Holding Ag
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America prefilled syringes market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the South & Central America prefilled syringes market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth South & Central America market trends and outlook coupled with the factors driving prefilled syringes market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.