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06-Jun-2024

Surge in Demand Expected for COP (Cyclic-Olefin-Polymer) Syringes in the Medical Sector (2022-2032)

Cyclic Olefin Polymers (COP) Polymer Syringes Market

The COP (Cyclic-Olefin-Polymer) syringes are poised to witness a significant surge in demand over the forecast period (2022-2032), emerging as the primary choice for drug producers in the medical sector. With their advanced properties and technological advantages, COP syringes are expected to bring novel advancements to the medical field.

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Key Features of COP Syringes:

  • High Transparency: COP syringes boast a high level of transparency comparable to glass, providing clear visibility of the contents.
  • Break Resilience: Unlike glass syringes, COP syringes offer exceptional break resilience, minimizing the risk of breakage during handling and transportation.
  • Low Oxygen Absorption: COP syringes exhibit low oxygen absorption, making them suitable for aseptic refilling and ensuring the integrity of sensitive drug formulations.
  • pH Stability: COP syringes do not emit alkali ions, eliminating the possibility of pH shifts in the contained drugs, ensuring stability and efficacy.

Technological Advancements:

  • Barrier Properties: COP syringes offer excellent barrier properties, ensuring the protection of drug formulations and minimizing contamination.
  • Heavy Metal-Free: Unlike some plastics, COP syringes do not contain heavy metals, ensuring the safety and purity of drug formulations.
  • Low Particle Generation: COP syringes produce fewer particles compared to glass, reducing the risk of contamination in drug delivery systems.
  • Moisture Resistance: COP syringes exhibit little moisture resistance, maintaining the integrity of drug formulations in humid environments.

Market Outlook:

  • The COP syringes market is expected to expand steadily throughout the forecast period, driven by the positive growth of the packaging industry, particularly in the healthcare sector.
  • North America, followed by Europe, is anticipated to be the largest regional market for COP syringes, with emerging economies like China and India playing a significant role in driving growth.

Regional Outlook:

  • North America Leads the Way: North America currently holds the largest market share due to established healthcare infrastructure and early adoption of innovative technologies.
  • Asia Pacific Emerges as a Growth Engine: The burgeoning healthcare sector and rising disposable income in Asia Pacific are expected to fuel market expansion in this region.
  • Europe Maintains Strong Presence: The presence of leading manufacturers and a focus on advanced medical solutions will contribute to steady growth in Europe.

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Key players :

  • Becton,
  • Dickinson and Co,
  • Schott AG,
  • West Pharmaceutical Services Inc.,
  • Gerresheimer AG,
  • Vetter Pharma International GmbH,
  • JSR Corp,
  • Baxter International Inc.,
  • TOPAS Advanced Polymers,
  • Terumo Corp and
  • many other regional players.

Global Cyclic olefin polymers (COP) Polymer Syringes Industry Segmentation

Based on the Usage

  • Emergency Drugs
  • Diluents
  • Infusion
  • Hyaluronic Acid
  • Specialty Injectable

Based on the End User

  • Hospitals
  • Home Care

Based on the Therapy

  • Insulin
  • Tuberculosis
  • Growth hormones
  • Others

Based on the Volume quantity

  • Small Volume Syringes (1-5 ml)
  • Medium Volume Syringes (10, 20 ml)
  • Large Volume Syringes (50 ml)

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Last Updated: 06-Jun-2024