Syringes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

June 2022 •
147 pages •
Report ID: 6287787 •
Format: PDF

Summary
Table of contents

The global syringes market reached a value of US$ 16.51 Billion in 2021. Looking forward, the analyst expects the market to reach a value of US$ 27.45 Billion by 2027, exhibiting a CAGR of 8.70% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Syringes are medical devices used by healthcare professionals to withdraw fluid from the body or inject medication through intravenous (IV) or intramuscular ways into the bloodstream. They assist in managing the medical conditions of people, including psoriasis, allergies, arthritis, cancer, diabetes, hepatitis, infertility, migraines, multiple sclerosis, osteoporosis, blood clotting disorders, and human immunodeficiency virus (HIV). Several manufacturers are currently adopting advanced manufacturing processes and quality assurance procedures to produce syringes that provide research and development (R&D) personnel with superior accuracy and precision during auto sampling.

Syringes Market Trends:
Governments of numerous countries are encouraging the fast and safe vaccination of people to reduce their probability of contracting coronavirus disease (COVID-19). This represents one of the key factors driving the need for effective syringes to meet vaccination targets. Apart from this, the growing prevalence of chronic diseases and the increasing healthcare-associated infection (HAI) cases are catalyzing the adoption of disposable syringes that are cost-effective, ready to use, and made of plastic. In addition to this, a significant rise in the percentage of people who are undergoing surgical interventions is augmenting the demand for single-use syringes for delivering anesthetics. Besides this, various initiatives, such as installing sharp containers in public places, undertaken by health agencies to address the increasing number of used syringes and promote safe injection practices are impelling the growth of the market. Furthermore, as farm animals are commonly exposed to diseases that can spread to humans, the increasing consumption of animal-derived products and the rising concerns about food safety are escalating the demand for combined vaccines and syringes. This can also be attributed to the growing adoption of companion animals and the emerging pet ownership and humanization trends.

Key Market Segmentation:
the analyst provides an analysis of the key trends in each sub-segment of the global syringes market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product, material, usage, distribution channel and end user.

Breakup by Product:
General Syringes
Specialized Syringes
Insulin Syringes
Tuberculin Syringes
Allergy Syringes
Others

Breakup by Material:
Glass Syringes
Polymer Syringes

Breakup by Usage:
Disposable Syringes
Conventional Syringes
Safety Syringes
Prefilled Syringes
Reusable Syringes

Breakup by Distribution Channel:
Offline
Online

Breakup by End User:
Hospitals and Clinics
Diagnostic Centers
Speciality Centers
Others

Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being B. Braun Melsungen AG, Baxter International Inc., Becton Dickinson and Company, Cardinal Health Inc., Gerresheimer AG, Hindustan Syringes & Medical Devices Ltd., Nipro Corporation, Pfizer Inc., Retractable Technologies Inc., Schott AG, Smiths Group plc, Terumo Corporation and Thomas Scientific LLC.

Key Questions Answered in This Report:
How has the global syringes market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global syringes market?
What are the key regional markets?
What is the breakup of the market based on the product?
What is the breakup of the market based on the material?
What is the breakup of the market based on the usage?
What is the breakup of the market based on the distribution channel?
What is the breakup of the market based on the end user?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global syringes market and who are the key players?
What is the degree of competition in the industry?

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