Increased use of disposable medical products to boost the global prefilled syringe packaging market
Technavio analysts expect the global prefilled syringe packaging market to exceed $9 billion by 2020, growing at a CAGR of over 11% according to their latest report.
Prefilled syringes are gaining popularity over parenteral drug delivery routes because of the convenience in use, affordability, accuracy, and safety. Prefilled syringes are also used across a wide array of therapeutic sectors outside the traditional domains of anticoagulants, vaccines, and biotech drugs.