According to the new market research report “Dual Chamber Syringe (DCS) Filling Machine Market by Type (Automatic, Semi-Automatic And Manual), Application (Industrial Pharmacy And Hospital Pharmacy), and Region – Global Forecast To 2025″, The 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% between 2020 and 2025. The growth is attributed to the growing biopharmaceutical industry, increasing production of lyophilized drugs and advancement in filling machine technologies.
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The automatic segment accounted for the largest share in the overall dual chamber syringe (DCS) filling machine market. Automatic filling machines are used by companies with large-scale operations and high-production requirements. 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.
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.
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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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Syntegon Technology is one of the leading providers of packaging and processing technology. In 2019, Bosch (Germany) sold one of its subsidiaries, Bosch Packaging Technology, to CVC Capital Partners (Luxembourg) and was renamed as Syntegon Technology. The company manufactures products for four different segments, namely, pharma, biopharma & fine chemicals, medical devices & diagnostics, food & confectionery, and other industries. It has a presence in more than 30 locations in over 15 countries.
Dara Pharmaceutical Packaging is a manufacturer of washing, sterilizing, filling, and closing machines. Through its, products the company serves pharmaceutical, biotech, and cosmetic industries. The company operates through two divisions, namely, DARA Pharma and DARA Beauty. It has representation in 80 countries, as 90% of the equipment produced by the company is exported globally.
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