Syringe Market Size, Share, Price, Growth Report 2027

Syringe Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Syringe Type (Luer Lock Syringes, Glass Syringes, Luer Slip Syringes, and Others), Application (Aesthetics, Human Health, Lab / Industrial, and Others), Usability (Sterilizable/Reusable Syringes and Disposable Syringes), and End User (Hospitals & Clinics, Blood Collection Centers, Diabetic Care Centers, and Others) and Geography

Publication Month: Aug 2020 | Report Code: TIPRE00003521 | No. of Pages: No. of Pages98 | Category: Medical Device | Status: Published

The syringe market was valued at US$ 12,649.46 million in 2019and is projected to reach US$ 26,859.34 million by 2027; it is expected to grow at a CAGR of 9.8% from 2020to 2027.

A syringe is a piston-like medical instrument that has a significant importance in healthcare. Syringes play a major role in administration of vaccines, nutritional supplements, and medicines. Theyhave a wide range of applicability, from injecting of liquid nutritionals into a feeding tube to conduct vaccination. Syringes can be classified into reusable and disposable. Increasing prevalence of chronic conditions and rising patient population are expected to drive the market growth during the forecast period.

The Syringe Market is categorized into syringe type, application, usability, end use, and region. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South and Central America. The report offers insights and in-depth analysis of the Syringe Market emphasizing on various parameters, such as market trends, technological advancements, market dynamics, and competitive landscape analysis of leading market players across the globe. s


Lucrative Regions for Syringe Market

Lucrative Regions for Syringe Market

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Market Insights

Growing Number of Chronic Diseases and Infectious Diseases

Chronic diseases, such as diabetes, cardiovascular disease, and cancer, are among the primary causes of death in adults. Infectious diseases are also the top causes of death in children and adults. Chronic and infectious diseases need continuous diagnosis using various medical tests,which requires the use of syringes.

According to the World Health Organization estimations, around 16 billion injections are administered every year globally. It has been estimated that chronic diseases would account for almost three-quarters of all deaths worldwide, and that 75% of deaths due to stroke, 71% of deaths due to ischemic heart disease (IHD), and 70% of deaths due to diabetes would occur in developing countries by 2020. Many of these patients are advised regular intravenous administration of insulin, which increases the demand for syringes.

Infectious diseases are the secondtop cause of deaths worldwide and are among the top causes of death in children under age 5. For instance, the Centers for Disease Control and Prevention (CDC) stated that 1.7 million hospital-acquired infections (HAIs) occurred in 2017, and 99,000 associated deaths occur annually in American hospitals. It is estimated that nearly 32.0% of HAIs are urinary tract infections (UTIs), 22.0% are surgical site infections (SSIs), 15.0% are pneumonia, and 14.0% are bloodstream infections (BSIs).

Growing adoption of injectable drugs for the treatment of chronic and infectious diseases is expected to drive the market growth during the forecast period.

Syringe Type-Based Insights               

Based on syringe type, the syringe market is segmented into luer lock syringes, glass syringes, luer slip syringes, and others. In 2019, the luer lock syringes segment accounted for the highest share of the market. Growth of this segment is attributed to increasing adoption of luer lock syringes due to ease of administration and rising patient pool across the globe. However, the glass syringes segment is likely to register highest CAGR Syringe Market during the forecast period.

Global Syringe Market, by Syringe Type– 2019& 2027

Global Syringe Market, by Syringe Type– 2019& 2027

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Application-BasedInsights

In terms of application, the Syringe Market is segmented into aesthetics, human health, lab/industrial, and others. The human health segment held the largest share of the market in 2019, whereas the aesthetic segment is estimated to register the highest CAGR of 10.8% during the forecast period.

Distribution Channel-Based Insights

Based on usability, the sSyringe Market is categorized into sterilizable/reusable syringes anddisposable syringes. The disposable syringes segment held the largest share of the market in 2019, and it is estimated to register the highest CAGR of 10.0% during the forecast period.                     

Product launches and expansionare commonly adopted strategies by companies to expand their footprint worldwide and meet the growing demand.

The market players operating in the syringe market adopted the strategy of product innovation to cater to changing customer demand across the world, which also permits the players to maintain their brand name globally.

By Syringe Type

  • Luer Lock Syringes
  • Glass Syringes
  • Luer Slip Syringes
  • Others

By Application

  • Aesthetics        
  • Human Health
  • Lab/Industrial
  • Others

By Usability

  • Sterilizable/Reusable Syringes
  • Disposable Syringes

By End Use

  • Hospitals & Clinics
  • Blood Collection Centers
  • Diabetic Care Centers
  • Others

By Geography

  • North America

    • US
    • Canada
    • Mexico
  • Europe

    • France
    • Germany
    • Italy
    • UK
    • Spain
  • Asia Pacific(APAC)

    • China
    • India
    • South Korea
    • Japan
    • Australia
  • Middle East & Africa (MEA)

    • South Africa
    • Saudi Arabia
    • UAE
  • South America (SAM)

    • Brazil
    • Argentina

Company Profiles

  • BD
  • Baxter International Inc.
  • Terumo Corporation
  • Vita Needle Company
  • Cardinal Health Inc.
  • Nipro
  • RETRACTABLE TECHNOLOGIES, INC.
  • B. Braun Melsungen AG
  • AIR-TITE PRODUCTS CO., INC.
  • HENKE-SASS, WOLF

Frequently Asked Questions

A syringe is a piston-like medical instrument that has a significant importance in healthcare. Syringes play a major role in administration of vaccines, nutritional supplements, and medicines. The product has wide range of applicability, from injecting of liquid nutritionals into a feeding tube to conduct vaccination. Syringes can be classified into reusable and disposables. Increasing prevalence of chronic conditions and rising patient population is prominently expected to drive the market growth during the forecast period.
The factors that are driving growth of the market are growing number of chronic diseases and infectious diseases and increased adoption of injectable drugs are expected to boost the growth of the global Syringe market.
The Syringe market majorly consists of the players such as BD, Baxter International Inc., Terumo Corporation, Vita Needle Company, Cardinal Health Inc., Nipro, RETRACTABLE TECHNOLOGIES, INC., B. Braun Melsungen AG, AIR-TITE PRODUCTS CO., INC., and HENKE-SASS, WOLF are among others.

The List of Companies - Syringe Market

  1. Becton, Dickinson and Company (U.S.),
  2. Baxter International Inc.
  3. Terumo Corporation
  4. Vita Needle Company
  5. Cardinal Health Inc
  6. Nipro
  7. RETRACTABLE TECHNOLOGIES, INC.
  8. B. Braun Medical Inc.
  9. AIR-TITE PRODUCTS CO., INC.
  10. HENKE-SASS, WOLF
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Syringe market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the global Syringe market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
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