Syringe Market Size And Forecast
Syringe Market size was valued at USD 14.1 Billion in 2021 and is projected to reach USD 25.9 Billion by 2030, growing at a CAGR of 9.05% from 2022 to 2032.
A hollow needle connected to a tube and a plunger make up a syringe. When the plunger handle is pulled, fluids are drawn out of the tube. The reasons propelling the growth of the global syringe market include an ageing population, an increase in surgical operations, major advancements in surgical equipment, and an increase in the prevalence of chronic diseases. The Global Syringe Market study offers a comprehensive analysis of the industry. The research provides a thorough analysis of the market’s key segments, trends, drivers, restraints, competitive environment, and other important elements.
Global Syringe Market Definition
The syringe is a tool used to inject or extract fluids from objects like these. it consists of a compressible rubber bulb and a nozzle with a variable length for injection. The syringe is made up of a plunger, a tube, and a hollow needle. The tube is filled with fluids when the plunger handle is pulled. The fluid leaves the device through the needle when the handle is squeezed downward. Syringes available today on the market are disposable and made of plastic.
General and specialised syringes are the two categories under which the syringes fall. In clinical medicine, syringes are frequently used to administer injections, infuse intravenous medication into the circulation, insert substances like adhesive or lubricant, and draw/measure liquids. A syringe is a medical tool used by medical personnel to inject or remove fluids from the body.
Global Syringe Market Overview
The prevalence of chronic diseases like diabetes is expected to increase, as will the demand for pre-filled syringes and the growing usage of Botox for therapeutic purposes. Additionally, it is projected that increased usage of injectable medications, technological advancements in syringes, an increase in the population of older people, and an increase in the number of vaccination and immunisation programmes will spur market expansion. The primary reasons driving the growth of the global syringe market are the rise in the demand for vaccination and immunisation, the ageing of the population, the rise in the number of surgical procedures, substantial advancements in surgical instruments, and the rise in the incidence of chronic diseases.
The primary reasons driving the growth of the worldwide syringe market also include the rise in the demand for vaccination and immunisation, the ageing of the population, the increase in surgical operations, substantial advancements in surgical instruments, and the rise in the incidence of chronic diseases. In addition, the abundance of inexpensive syringes, rising healthcare costs, and an increase in the frequency of procedures among the elderly all significantly contribute to market expansion.
Report Scope:
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Syringe manufacturers, distributors, end users, industry associations, governments’ industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the Syringe market covering all its essential aspects.
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Global Syringe Market: Segmentations
Global Syringe Market: By Key Players
Medtronic
BD
3M
Terumo Corporation
B. Braun
Medline
Halyard Health
Weigao
SCHOTT
Jiangsu Jichun Medical Devices
Jiangsu Zhengkang Medical
Jiangyin Fanmei Medical
Yeso-med
Smiths Medical
Gerresheimer
Nipro
Global Syringe Market: By Types
Syringes with Needle
Syringes without Needle
2 ml
5ml
10ml
20ml
50ml
Global Syringe Market: By Applications
Public Hospital
Private Clinic
Nursing Home
Personal Care
Medical Research Laboratory
Global Syringe Market: Regional Analysis
The countries covered in the regional analysis of the Global Syringe market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Syringe Market Competitor Analysis
There are many domestic and foreign competitors present in the highly fragmented syringe market. Key companies use a variety of growth methods, such as partnerships, agreements, collaborations, new product launches, geographic expansions, mergers, and acquisitions, to improve their market presence. Among the leading market participants are Terumo Corporation, Hindustan Syringes & Medical Devices Limited, B Braun, and Gerresheimer AG.
Analysis of the impact of COVID-19 and the Russia-Ukraine War:
The readers of this section will be better informed on the effects of the pandemic, the post-pandemic, and the Russia-Ukraine War on the global market for refrigerated freight services. The factors that have changed since the poll was done include demand, consumption, transportation, consumer behavior, and supply chain management. Industry experts have also emphasized the crucial factors that will help players identify opportunities and maintain the sector as a whole in the approaching years.
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