Key Companies - Prefilled Syringes Industry

Apr, 2023 - by CMI

Key Companies - Prefilled Syringes Industry

A prefilled syringe is a disposable syringe that is already loaded/supplies with the substance to be injected. Prefilled syringes are one of the fastest growing choices for unit dose delivery and have emerged as one of the most convenient drug delivery methods in the recent years. The extensive use of prefilled syringes has enabled pharmaceutical companies to minimize drug-waste and simultaneously increase the life span of the product. Plastic disposable syringes created a revolution in the healthcare market which has been enhanced by the introduction of sterile, prefilled syringes that enable safe self-administration of injectable drugs without having to visit the hospital.

As of 2022, the global Prefilled Syringes Market is estimated to be valued at U.S$ 6,656.9 Million and is expected to exhibit a CAGR of 10.6% during the years (2022-2030)

Leading Companies in the  Prefilled Syringes Industry:

1) Gerresheimer AG

Gerresheimer AG formerly known as Gerresheimer Glass AG is a German manufacturer of primary packaging products for medication and drug delivery devices made of special-purpose glass and plastics. The company was founded in the year 1864, and the headquarters are located Dusseldorf, Germany. The company was founded by Ferdinand Heye.

As of November 2021, Gerresheimer completed the acquisition of the IP of a new generation cartridge based autoinjector from Pharma.

2) Schott AG

Schott AG is a German multinational glass company specializing in the manufacture of glass and glass-ceramics and other advanced materials. The company has one of the most successful R&D departments in the global manufacturing industry, creating glass innovations that constantly drive new technology forwards. The company was founded in the year 1884, and the headquarters are located in Mainz, Germany. The company was founded by Otto Schott.

3) Nipro Corporation

Nipro Corporation (Nipro, Kabushiki-gaisha) is a Japanese medical equipment manufacturing company. The company manufactures products like Medical devices, Pharmaceuticals, Pharmaceutical glass. The company was founded in the year 1954, and the headquarters are located in Honjo-nishi, Kita-ku, Osaka, Japan

In December 2022, Nipro announced that one of its consolidated subsidiaries, Nipro Asia. Pte. Ltd. established a regional liaison office in Kathmandu, the capital city of Nepal.

4) Stevanato Group

Stevanato Group is an Italian multinational company that manufactures products like glass primary packaging for pharmaceuticals use. Glass tube forming machines and visual inspection etc. The company was the first worldwide producer of insulin cartridges for diabeted treatment and design and production of machinery for glass tubing converting. Stevanato Group was founded by Giovanni Stevanato, and the headquarters are located in Italy, Piombino Dese-Padua.

On March 21, 2023 Stevanato Group collaborated with Thermo Fisher Scientific to bring its innovative On-Body Delivery Systems Platform to Market.

5) Catalent Inc.

Catalent Inc. also known as Catalent Pharma Solutions is a multination corporation that is global provider of delivery technologies, development, drug manufacturing, biologics, gene therapies and consumer health products. The company was founded in the year 2007, and the headquarters are located in Somerset, New Jersey, U.S. In October 2022, Catalent announced a U.S$ 12 Million expansion at a Kansas City, MO facility.

In January 2023, Catalent partnered with Serepta to manufacture delandistrogene moxeparvovec (SRP-9001). The company’s most advanced gene therapy candidate for the treatment of Duchenne muscular dystrophy.

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