Medical Syringes Market Size 2024 to 2031.

Market Overview and Report Coverage

A medical syringe is a device used for injecting or withdrawing fluids from the body. These syringes are widely used in healthcare settings for various purposes such as administering medications, vaccines, blood sampling, and more. The global medical syringes market is projected to witness significant growth in the coming years.
The increasing prevalence of diseases and the growing demand for vaccinations and therapies are the major factors driving the growth of the medical syringes market. The rise in geriatric population, technological advancements in syringe design, and the growing focus on patient safety and infection control are also contributing to the market expansion.
Moreover, the COVID-19 pandemic has further accelerated the demand for medical syringes due to the global vaccination drive. As a result, the market is expected to witness a considerable boost in revenue during the forecasted period.
With a projected CAGR of 12.60%, the future outlook for the medical syringes market looks promising. The market is anticipated to experience continued growth as healthcare facilities and pharmaceutical companies invest in advanced syringe technologies to meet the increasing demand for safe and effective medical procedures.

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Market Segmentation
The Medical Syringes Market Analysis by types is segmented into:
• Non-disposable Syringes
• Disposable Syringes

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Medical syringes market has two main types - non-disposable syringes and disposable syringes. Non-disposable syringes are designed for multiple uses and can be sterilized and reused multiple times. Disposable syringes, on the other hand, are designed for single use only and are disposed of after use. These two types cater to different needs in the medical industry, with disposable syringes being more commonly used due to their convenience and reduced risk of contamination.

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The Medical Syringes Market Industry Research by Application is segmented into:
• Hospital
• Clinic
• Others

The medical syringes market application includes hospitals, clinics, and other healthcare settings. Hospitals utilize syringes for various medical procedures such as injections, vaccinations, and intravenous drug administration. Clinics also rely on syringes for similar purposes. Other healthcare facilities, such as nursing homes and urgent care centers, also use syringes in their daily operations. Overall, the demand for medical syringes is high across different healthcare settings due to their essential role in delivering medications and fluids to patients.

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In terms of Region, the Medical Syringes 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 Medical Syringes market?
The global medical syringes market is witnessing several emerging trends shaping its landscape. Key trends include the increasing prevalence of chronic diseases driving the demand for syringes, advancements in technology leading to the development of innovative syringe designs for improved patient outcomes, a growing focus on reducing needlestick injuries through the use of safety syringes, and the rising adoption of prefilled syringes for convenience and accuracy in drug delivery. Additionally, sustainable practices such as the use of eco-friendly materials in syringe manufacturing are gaining traction in the market. These trends are expected to drive growth and innovation in the global medical syringes market.

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Major Market Players
Becton, Dickinson and Company (BD) is a global medical technology company that manufactures and sells medical devices, instrument systems, and reagents. Founded in 1897, BD has a long history of innovation and market leadership in the medical syringes market. The company's growth has been driven by strategic acquisitions, such as its acquisition of CareFusion in 2015, which significantly expanded its product portfolio.
B. Braun Melsungen is a German medical and pharmaceutical company that specializes in healthcare products and services. The company has a strong presence in the medical syringes market, offering a wide range of syringes and injection systems. B. Braun Melsungen has experienced steady growth in recent years, thanks to its focus on quality and innovation.
Terumo Corporation, a Japanese medical device company, is a key player in the medical syringes market. The company is known for its high-quality syringes and other medical devices. Terumo Corporation has a global presence and has been expanding its market reach through strategic partnerships and acquisitions.
In terms of sales revenue, Becton, Dickinson and Company reported sales of $17.1 billion in 2020, while B. Braun Melsungen reported sales of €7.41 billion in the same year. Terumo Corporation reported sales of ¥557.1 billion in 2020.
Overall, the medical syringes market is highly competitive, with key players such as BD, B. Braun Melsungen, and Terumo Corporation dominating the market. These companies have a strong track record of growth and innovation, and are well-positioned to capitalize on the growing demand for medical syringes globally.

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