The installed base of global 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 CAGR of 8.2% during the forecast year. The growth of this market is attributed to the technological advancements in filling machines, growth in lyophilized drugs, and the growing pharmaceutical industry.
The dual chamber syringe (DCS) filling machine installed base market is dominated by players such as Syntegon Technologies (Germany), Prosys Servo Filling Systems (US), Dara Pharmaceutical Packaging (Spain), TurboFil Packaging Machines (US), and Optima Machinery Corporation (Germany). Some of these players have adopted, new product development growth strategy to increase their market shares and enhance their product portfolios.
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The industrial pharmacy estimated to be leading application of dual chamber syringe (DCS) filling machine
The industrial pharmacy led the overall dual chamber syringe (DCS) filling machine market in 2019, both in terms of value and volume. The reason for the industrial segment leading the market is it involves research, production, packaging, quality control, marketing, and sales of pharmaceutical goods. A dual chamber syringe is used for the delivery of two drugs or for the ease of use it provides with lyophilized injectable drug products. The pharmaceutical industry is looking to offer convenient products to patients for self-administration
APAC projected to account for the largest share of the Dual chamber syringe (DCS) filling machine installed base market during the forecast period in terms of volume.
APAC is projected to have the largest share in the global dual chamber syringe (DCS) filling machine installed base market, in terms of volume, from 2020 to 2025. The growing aging population, significant medical device manufacturing capacity, growing per capita healthcare spending, and increased health awareness in the country are driving the market in the region.
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