Syringe Market Global Size 2022-2027: Share, Growth, Trends and Industry Forecast Reportby George Poter Market Analyst
According to the latest report by IMARC Group, "Global Syringe Market Size, Share, Growth, Industry Trends, Opportunity and Forecast 2022-2027", the global syringes market size reached US$ 16.51 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 27.45 Billion by 2027, exhibiting a CAGR of 8.70% during 2022-2027.
A syringe is a medical device used to withdraw fluids
and inject medication into the bloodstream through an intravenous (IV) or
intramuscular ways. It consists of a needle attached to a hollow cylinder
fitted with a sliding plunger. It also aids in handling various medical
conditions, such as diabetes, hepatitis, infertility, psoriasis, allergies,
arthritis, cancer, migraines, human immunodeficiency virus (HIV), and multiple
sclerosis. At present, syringes are available in various shapes and sizes,
including general, specialized, and disposable syringes.
Syringes Market Trends and Drivers:
The market is primarily driven by the sudden outbreak of the coronavirus disease (COVID-19) pandemic as governments of several countries are promoting fast and safe vaccination to reduce the contamination. In addition, the growing prevalence of chronic diseases and the increasing risk of healthcare-associated infection (HAI) cases are escalating the demand for disposable syringes that are ready-to-use and cost-effective.
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Besides this, a rising number of individuals undergoing surgical procedures, which is increasing the utilization of single-use syringes to deliver anesthetics. This, coupled with various initiatives undertaken by healthcare agencies, such as installing sharp containers in public places to manage the increased number of used syringes and encourage safe injection practices, is creating a favorable market outlook across the globe.
Note: We are regularly tracking the direct effect of
COVID-19 on the market, along with the indirect influence of associated
industries. These observations will be integrated into the report.
Global Syringes Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
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.
The report has segmented the market on the basis of region, product, material, usage, distribution channel and end user.
- General Syringes
- Specialized Syringes
o Insulin Syringes
o Tuberculin Syringes
o Allergy Syringes
Breakup by Material:
- Glass Syringes
- Polymer Syringes
Breakup by Usage:
- Disposable Syringes
o Conventional Syringes
o Safety Syringes
o Prefilled Syringes
- Reusable Syringes
Breakup by Distribution Channel:
Breakup by End User:
- Hospitals and Clinics
- Diagnostic Centers
- Speciality Centers
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
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
Mapping of the Competitive Landscape
If you need specific information that is not currently
within the scope of the report, we can provide it to you as a part of the
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Created on Aug 11th 2022 05:53. Viewed 88 times.