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Syringes Market to Reach USD 38.7 Billion by 2033: Rising Healthcare Expenditure and Infrastructure Development

12-05-2024 01:12 PM CET | Health & Medicine

Press release from: IMARC Goup

Syringes Market

Syringes Market

Comprehensive Insights into the Syringes Market: A Growth-Oriented Perspective

The latest report by IMARC Group, titled "Syringes Market Report by Product (General Syringes, Specialized Syringes, and Others), Material (Glass Syringes, Polymer Syringes), Usage (Disposable Syringes, Reusable Syringes), Distribution Channel (Offline, Online), End User (Hospitals and Clinics, Diagnostic Centers, Speciality Centers, and Others), and Region, 2025-2033", provides an in-depth analysis of the syringes industry. The global syringes market was valued at USD 21.1 billion in 2024 and is projected to grow to USD 38.7 billion by 2033, reflecting a CAGR of 6.99% during 2025-2033.

Key Drivers of Market Growth

1. Advancements in Syringe Technology

Recent innovations in syringe design and manufacturing have significantly improved safety, accuracy, and ease of use. Notable developments include safety-engineered syringes equipped with retractable needles and needlestick prevention mechanisms, aimed at reducing occupational hazards and bloodborne infections. Additionally, breakthroughs in materials science have enabled the production of disposable syringes using durable and lightweight plastics, ensuring compatibility with various medical treatments, including biologics and vaccines.

2. Growing Incidence of Chronic Diseases and Vaccination Campaigns

The rising prevalence of chronic conditions such as diabetes, cardiovascular diseases, and cancer has amplified the demand for syringes. Syringes play a pivotal role in administering treatments like insulin, chemotherapy, and specialized medications. Simultaneously, global vaccination initiatives for diseases like influenza, measles, and COVID-19 are increasing syringe consumption. Governments and healthcare organizations are expanding immunization programs to curb the spread of infectious diseases, further fueling market growth.

3. Rising Healthcare Expenditure and Infrastructure Development

Economic growth, particularly in emerging markets, has led to modernization of healthcare facilities, including hospitals and clinics equipped with advanced medical devices. Increasing investments in healthcare infrastructure have heightened the demand for high-quality, sterile syringes. Furthermore, the expansion of home healthcare services and the growing adoption of telemedicine are driving demand for syringes designed for safe and user-friendly self-administration.

For an in-depth analysis, you can request a sample copy of the report: https://www.imarcgroup.com/syringes-market/requestsample

Competitive Landscape:

The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market.

• Braun Melsungen AG
• Baxter International Inc.
• Becton Dickinson and Company
• Cardinal Health Inc.
• Gerresheimer AG
• Hindustan Syringes & Medical Devices Ltd.
• Nipro Corporation
• Pfizer Inc.
• Retractable Technologies Inc.
• Schott AG
• Smiths Group plc
• Terumo Corporation
• Thomas Scientific LLC.

Syringes Market Report Segmentation

By Product:

• General Syringes
• Specialized Syringes:
o Insulin Syringes
o Tuberculin Syringes
o Allergy Syringes
• Others

Based on the product, the market has been divided into general syringes, specialized syringes (insulin syringes, tuberculin syringes, and allergy syringes), and others.

By Material:

• Glass Syringes
• Polymer Syringes
On the basis of the material, the market has been segmented into glass syringes and polymer syringes.

By Usage:

• Disposable Syringes:
o Conventional Syringes
o Safety Syringes
o Prefilled Syringes
• Reusable Syringes

Based on the usage, the market has been segregated into disposable syringes (conventional syringes, safety syringes, prefilled syringes), and reusable syringes.

By Distribution Channel:

• Offline
• Online

On the basis of the distribution channel, the market has been categorized into online and offline.

By End User:
• Hospitals and Clinics
• Diagnostic Centers
• Specialty Centers
• Others

Based on the end user, the market has been divided into hospitals and clinics, diagnostic centers, specialty centers, and others.

Regional Analysis

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

Region-wise, the market has been classified into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.

Emerging Trends in the Syringes Market

• Shift to Self-Administration: Rising demand for syringes tailored for patients managing treatments at home for conditions like rheumatoid arthritis and infertility.
• Focus on Preventive Healthcare: Governments and public health agencies are prioritizing immunization campaigns to tackle vaccine-preventable diseases like polio, hepatitis, and HPV.
• Adoption of Sustainability Initiatives: Innovations in biodegradable materials for syringe production are gaining traction to minimize environmental impact.

Ask Analyst for Customization: https://www.imarcgroup.com/request?type=report&id=5665&flag=C

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include a thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape, and benchmarking analyses, pricing and cost research, and procurement research.

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