Prefilled Syringes: a Ready Answer to Saving Billions of Dollars and Mitigating Medical Errors

Transparency Market Research

Prefilled Syringes: A Ready Answer to Saving Billions of Dollars and Mitigating Medical Errors

Published Date 02-Dec-2014

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Prefilled Syringes

REPORT DESCRIPTION

Prefilled Syringes: A Ready Answer to Saving Billions of Dollars and Mitigating Medical Errors Within the $70 billion plus global market for injectable drugs, one specialty segment – the prefilled syringe – has garnered noteworthy popularity since the 1980s. Prefilled syringes were introduced during World War II, but it wasn’t until the early 1980s that this injectable drug delivery method started gaining larger exposure. The turning point came when Sanofi and Rhône Poulenc-Rorer launched heparins in the form of prefilled syringes. Read More link http://healthworkscollective.com/varsha-jain/281596/prefilled-syringes-ready-answersaving-billions-dollars-and-mitigating-medical-er Prior to this, prefilled syringes were viewed mostly as an insignificant niche within the larger market for injectable drugs. The therapeutic scope of prefilled syringes was limited to a smaller range of applications in a few vaccines and anticoagulant products. The demand for prefilled syringes exploded in the following years, and they soon became the container of choice in major therapeutic classes for injectable drug formulations. The major factors that resulted in a breakthrough progress of this technology were the clear advantages presented by prefilled syringes over traditional ampoules and vials. Today, these foundational aspects continue to drive the prefilled syringes market. But given that prefilled syringes have also seamlessly adapted to contemporary medical demands, their popularity doesn’t come as a surprise. Why It’s Hard to Ignore the Advantages of...