“Advancement in filling machine technology and growth in the manufacturing of lyophilized drugs are projected to drive the dual chamber syringe (DCS) filling machine market.”
The global installed base of dual chamber syringe (DCS) filling machine market size is projected to grow from USD 258 million in 2020 to USD 381 million by 2025, at a compound annual growth rate (CAGR) of 8.2% between 2020 and 2025. The global installed base of the dual chamber syringe (DCS) filling machine industry has witnessed growth primarily because of the improving filling machine technology and increasing production of lyophilized drugs.
“Industrial pharmacy application is projected to witness the highest CAGR during the forecast period.”
The industrial pharmacy application of the dual chamber syringe (DCS) filling machine market is projected to witness the highest growth during the forecast period. Industrial pharmacy includes large pharmaceutical companies that manufacture and market commercial drugs. These companies are looking to provide convenient products to patients for self-administration such as dual chamber prefilled syringes which will boost the consumption of dual chamber syringe filling machines.
“Automatic type segment is projected to lead the dual chamber syringe (DCS) filling machine market from 2020 to 2025.”
The automatic type segment is expected to lead the dual chamber syringe (DCS) filling machine market. These machines are mostly used by large pharmaceutical drug manufacturers for high production volume. These types of machines are the Food and Drug Association (FDA) approved because most of the operations in automatic machines do not have human involvement, which decreases the chances of drug contamination
“APAC is projected to account for the maximum revenue share of the installed base of dual chamber syringe (DCS) filling machine market during the forecast period.”
APAC is projected to lead the global dual chamber syringe (DCS) filling machine market from 2020 to 2025 in terms of value. The availability of cheap labor, supportive government policies, growth in the aging population, increasing prevalence of diseases & disorders, higher domestic demand, and availability of low-cost raw materials have made the region a leader in the market.
In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, innovation and technology directors, and other executives from various key organizations operating in the dual chamber syringe (DCS) filling machine market.
- By Company Type: Tier 1: 40%, Tier 2: 20%, and Tier 3: 40%
- By Designation: C-level Executives: 20%, Directors: 20%, and Others: 60%
- By Region: North America: 40%, Europe: 15%, APAC: 40%, Rest of World: 5%
The global dual chamber syringe (DCS) filling machine market comprises manufacturers such as Syntegon Technologies (Germany), Prosys Servo Filling Systems (US), Dara Pharmaceutical Packaging (Spain), TurboFil Packaging Machines (US) and Optima Machinery Corporation (Germany).
The market study covers the dual chamber syringe (DCS) filling machine market across various segments. It aims at estimating the market size and the growth potential of this market across different segments based on type, application, and region. The study also includes an in-depth competitive analysis of key players in the market, along with their company profiles, key observations related to their products and business offerings, recent developments undertaken by them, and key growth strategies adopted by them to enhance their position in the dual chamber syringe (DCS) filling machine market.
Key Benefits of Buying the Report
- The report is expected to help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers of the overall dual chamber syringe (DCS) filling machine market and its segments and sub-segments.
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- The report also aims at helping stakeholders understand the pulse of the market and provides them with information on the key market drivers, challenges, and opportunities.