Syringe Market Size 2024 to 2031.

Market Overview and Report Coverage

A syringe is a simple pump consisting of a plunger that fits tightly in a tube. The syringe market encompasses a wide range of products, including disposable and reusable syringes used for medical purposes such as administering injections or drawing blood.
The future outlook for the syringe market is promising, with a projected growth rate of 6.00% during the forecasted period. This growth can be attributed to factors such as the increasing prevalence of chronic diseases, rising demand for vaccines, advancements in drug delivery systems, and the expanding geriatric population. Additionally, the ongoing COVID-19 pandemic has further accelerated the demand for syringes for mass vaccination campaigns worldwide.
In terms of current trends, there is a growing focus on the development of safety-engineered syringes to reduce the risk of needlestick injuries and enhance infection control measures. Furthermore, the shift towards self-administration of drugs at home and the rising adoption of prefilled syringes are expected to drive market growth in the coming years.
Overall, the syringe market is poised for steady expansion in the foreseeable future, driven by technological advancements, increasing healthcare expenditure, and the need for efficient and safe drug delivery systems.

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Market Segmentation
The Syringe Market Analysis by types is segmented into:
• Syringes with Needle
• Syringes without Needle
• 2 ml
• 5ml
• 10ml
• 20ml
• 50ml

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Syringes are available in various types to cater to different needs. Syringes with needles are commonly used for administering injections, while syringes without needles are used for various other purposes like measuring and transferring liquids. Different sizes such as 2ml, 5ml, 10ml, 20ml, and 50ml cater to specific volume requirements. These variations in the syringe market offer a wide range of options for healthcare professionals, veterinarians, and individuals for various medical and non-medical applications.

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The Syringe Market Industry Research by Application is segmented into:
• Public Hospital
• Private Clinic
• Nursing Home
• Personal Care
• Medical Research Laboratory

Syringes are widely used in various healthcare settings such as public hospitals, private clinics, nursing homes, personal care, and medical research laboratories. In public hospitals, syringes are essential for administering medications and vaccines to patients. Private clinics utilize syringes for various medical procedures and treatments. Nursing homes rely on syringes for providing necessary medications to residents. In personal care settings, individuals may use syringes for self-administering medications. Lastly, medical research laboratories use syringes for precise measurements and experiments.

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In terms of Region, the Syringe Market Players available by Region are:

North America:
• United States
• Canada

Europe:
• Germany
• France
• U.K.
• Italy
• Russia

Asia-Pacific:
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia

Latin America:
• Mexico
• Brazil
• Argentina Korea
• Colombia

Middle East & Africa:
• Turkey
• Saudi
• Arabia
• UAE
• Korea


What are the Emerging Trends in the Global Syringe market?
Some emerging trends in the global syringe market include the increasing prevalence of chronic diseases driving the demand for injectable drugs, the rise in vaccinations and immunization programs worldwide, the growing preference for safety syringes to prevent needlestick injuries, the adoption of advanced technology such as auto-injectors and prefilled syringes for convenience and accuracy in drug delivery, and the emphasis on sustainable and eco-friendly materials in syringe production. Additionally, the rise in home healthcare and telemedicine services is expected to further boost the growth of the syringe market in the coming years.

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Major Market Players
Medtronic is a leading player in the syringe market, offering a wide range of medical devices and equipment. The company has a strong global presence and a history of innovation in medical technology. Medtronic's syringe division has experienced significant growth in recent years, driven by increasing demand for injectable drugs and vaccines. The company's sales revenue in 2020 was $27.4 billion.
Becton, Dickinson and Company (BD) is another major player in the syringe market, with a diverse portfolio of medical products and devices. The company has a long history of providing high-quality syringes and other medical supplies to healthcare facilities worldwide. BD's syringe division has shown steady growth over the years, with sales revenue reaching $17.1 billion in 2020.
Terumo Corporation is a Japanese multinational company that specializes in medical devices and equipment. The company's syringe division has been a key contributor to its overall growth, with sales revenue of $6.7 billion in 2020. Terumo is known for its high-quality syringes and other medical products, and it has a strong presence in international markets.
Overall, the syringe market is highly competitive, with several key players vying for market share. These companies have a strong track record of innovation, quality, and market growth, making them leaders in the global syringe market. With the increasing demand for injectable drugs and vaccines, the syringe market is expected to continue to expand in the coming years.

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