Syringes Market Demand, Size, Share, Scope & Forecast To 2030

Market Size – USD 15.98 Billion in 2021, Market Growth – at a CAGR of 8.7%, Market Trends – Significant investments in research & development activities

The global syringes market size reached USD 15.98 Billion in 2021 and is expected to register a revenue CAGR of 8.7% during the forecast period, according to latest analysis by Emergen Research. The rising demand for vaccination and immunization is an important factor driving market revenue growth.The global syringes market size reached USD 15.98 Billion in 2021 and is expected to register a revenue CAGR of 8.7% during the forecast period, according to latest analysis by Emergen Research. The rising demand for vaccination and immunization is an important factor driving market revenue growth.

The Global Syringes Market research study published by Emergen Research is an extensive collection of insightful information about the Syringes industry. The report covers the Syringes Market segmentation along with a detailed outline of the Syringes market size with regards to volume and valuation. The report provides comprehensive coverage of the Syringes market scenario for the current period and forecast timeline of 2022-2030. The Syringes market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industries, applications, and regions.

The rising number of needlestick injuries and infections is expected to restrain revenue growth of the market. People who deal with hypodermic syringes and other needle equipment run the risk of suffering needlestick wounds. Whenever someone disassembles or discards a needle, an injury might occur. Needles that are not properly disposed of might linger in rubbish or linen and hurt other workers when they unintentionally come into contact with them. In particular, blood-borne viruses are spread through these wounds. Hepatitis B and hepatitis C are some of the concerns, as well as the Human Immunodeficiency Virus (HIV), which causes Acquired Immune Deficiency Syndrome (AIDS). Accidental needlesticks can transfer potentially harmful substances into the body through the skin. There is potential for injection of hazardous drugs, but contact with infectious fluids, especially blood, is by far the greatest concern. Certain illnesses can be disseminated successfully even by little quantities of infectious fluid.

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High demand for the COVID-19 vaccine is driving the syringe market revenue growth. Demand for syringes to administer the COVID-19 vaccine has increased along with efforts to increase vaccine manufacturing. According to research, more than 12.1 billion doses have been given across 184 countries. Most recently, the rate was at 47.1 million doses per day. Emergence of the omicron variant in late 2021 increased the demand for syringes as there was an increased need for booster doses.

List of Key Players of Syringes Market

BD, Terumo, Medtronic, Smiths Medical, B. Braun Melsungen AG, NIPRO, Hindustan Syringes Medical Devices Ltd, Gerresheimer AG, SCHOT, and CODAN Companies

Some Key Highlights from Syringes Report

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Segments Covered in this report are:

  • Product Outlook (Revenue, USD Billion; 2019–2030)

    • General Syringes
    • Specialized Syringes
      1. Insulin
      2. Tuberculin (TB)
      3. Allergy
    • Smart Syringes
      1. Auto-Disable
      2. Auto safety
  • Usage Outlook (Revenue, USD Billion; 2019–2030)

    • Reusable Syringes
    • Disposable Syringes
      1. Empty
      2. Prefilled
  • End-Use Outlook (Revenue, USD Billion; 2019–2030)

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

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Regional Outlook

  North America

  1. U.S.
  2. Canada
  3. Mexico

  Europe

  1. Germany
  2. UK
  3. France
  4. BENELUX
  5. Rest of Europe

  Asia Pacific

  1. China
  2. Japan
  3. South Korea
  4. India
  5. Rest of APAC

  Latin America

  1. Brazil
  2. Rest of LATAM

  MEA

  1. Saudi Arabia
  2. UAE
  3. Rest of MEA

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