Syringes Market - Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, Segmented By Type (General, Specialized {Insulin, Allergy, Tuberculin, Others}, Smart {Auto-Disable, Active Safety, Passive Safety}) By Material (Glass Syringes v/s Plastic Syringes) By Usability (Reusable Syringes v/s Disposal Syringes) By End User (Hospitals & Clinics, Blood Collection Centers, Ambulat

Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Healthcare | Format: Report available in PDF / Excel Format

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Syringes Market - Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, Segmented By Type (General, Specialized {Insulin, Allergy, Tuberculin, Others}, Smart {Auto-Disable, Active Safety, Passive Safety}) By Material (Glass Syringes v/s Plastic Syringes) By Usability (Reusable Syringes v/s Disposal Syringes) By End User (Hospitals & Clinics, Blood Collection Centers, Ambulat

Global syringes market is expected to grow with an impressive CAGR in the forecast period of 2024-2028. The market for syringes is growing on the account of rising geriatric population, increasing demand for vaccines to cope up with diseases and the recent outburst of COVID-19 virus has influenced the demand of syringes at a global level. The technical advancement and introduction of smart syringes are also expected to boost the global syringes market growth during the forecast period.

The growth of the global syringe market can be estimated with the increasing use of syringes as drug delivery device for majority of the drugs. Additionally, the self-administration of drugs is anticipated to add to the growth of the market in the forecast time.

Growing Immunization and Increased Mass Vaccination in Public

Due to grown demand for immunization and growing number of mass vaccination across the world the demand for syringes has also increased across the world. Auto-Disable (AD) syringes are used during the immunization programs and facilities as they are designed for a single use and at the same time prevent reuse by locking automatically after single use. These syringes being single use syringes ensure the immunization is safe and avoid infections, thereby are high in demand in the global syringe market and is anticipated to propel market growth in the forecast period. For instance, in 2021, United Nations International Children's Emergency Fund (UNICEF) was acquiring a purchase of 1 billion syringes

Growing demand for Infusion Therapy

For instance, United Nations Office on Drugs and Crime (UNODC) had launched a website very early in the year 2008 with a slogan- "THINK BEFORE YOU START ... BEFORE YOU SHOOT ... BEFORE YOU SHARE

According to WHO, by the end of 2021, there were 38.4 million people globally infected with HIV. Although the global burden of disease varies based on the regions/countries but estimating 0.7%of adults aged 15-49 years globally are living with HIV.

Increased Demand of Syringes during COVID-19

Market Segmentation

Market Players

Attribute

Details

Base Year

2022

Historical Years

2018 â€“ 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million and CAGR for 2018-2022 and 2023-2028

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

Type

Material

Usability

End User

Regional Scope

North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa

Country Scope

United States; Canada; Mexico; China; India; Japan; South Korea; Australia; Germany; France; United Kingdom; Spain; Italy; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Kuwait

Key Companies Profiled

Becton, Dickinson, and Company, Terumo Corporation, Medtronic plc, B. Braun Medical Inc., Nipro Corporation, Hindustan Syringes & Medical Devices Limited, Gerresheimer AG, SCHOTT AG, CODAN Medizinische Geräte GmbH & Co KG, Baxter International, Inc.

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