Global Syringes and Needles Market: Trends, Forecast, and US Tariff Effects | Most Leading Companies - BD, B. Braun SE, Cardinal Health, Terumo Medical Corporation, Gerresheimer AG, Nipro Corporation

The Global Syringes and Needles Market reached US$ 8.27 billion in 2023 and is expected to reach US$ 13.59 billion by 2031 growing with a CAGR of 6.4% during the forecast period 2024-2031.

Syringes and Needles Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Syringes and needles are essential medical tools used for injecting liquids into or withdrawing fluids from the body. Syringes consist of a barrel and a plunger, while needles are slender, hollow tubes used to puncture the skin for injecting or drawing fluids. Together, they are crucial in medical procedures for delivering medications, vaccines, and drawing blood.

List of the Key Players in the Syringes and Needles Market:

BD, B. Braun SE, Cardinal Health, Terumo Medical Corporation, Gerresheimer AG, Nipro Corporation, SCHOTT Pharma AG & Co. KGaA, Hindustan Syringes & Medical Devices Ltd, ICU Medical, Inc., and Catalent, Inc among others.

Industry Development:

In March 2024, Hindustan Syringes and Medical Devices (HMD), one of India's leading producers of disposable and auto-disable syringes, introduced Dispojekt-a locally developed single-use safety syringe. This innovation is aimed at reducing needle stick injuries (NSIs) among healthcare professionals. NSIs occur when a hollow-bore needle accidentally pierces the skin, potentially exposing healthcare workers to blood or bodily fluids, increasing the risk of transmitting bloodborne infections such as hepatitis B, hepatitis C, and HIV.

Assessing the Effects of U.S. Tariffs on the Market

The U.S. tariff war is reshaping how businesses analyze trends and make strategic decisions. As tariffs drive up costs and disrupt supply chains, companies are increasingly focused on understanding consumer behavior, identifying new sourcing opportunities, and adjusting their operations to remain competitive. The ongoing uncertainty has created a stronger demand for timely insights and data-driven strategies to navigate shifting trade dynamics and economic pressures.

Research Process:

Both primary and secondary data sources have been used in the global Syringes and Needles Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Syringes and Needles Market:

By Product Type: Blood Collection Syringes & Needles, Ophthalmic Syringes & Needles, Bone Marrow Syringes & Needles, Catheter Syringes & Needles, Dental Syringes & Needles, Spinal Anesthesia Syringes & Needles, Suture Syringes & Needles, Others

By Usability: Disposable, Reusable

By Capacity: 1 mL Syringe, 2- 3 mL Syringe, 5 mL Syringe, 10 mL Syringe

By Age Group: Pediatrics, Adults, Geriatric

By Application: General Surgery, Respiratory, Orthopedics, Cardiovascular, Dental, Neurology, Ophthalmology, Urology, Others

By End-User: Hospital & Specialty Clinics, Diagnostic Centers, Homecare Settings, Others

Regional Analysis for Syringes and Needles Market:

The regional analysis of the Syringes and Needles Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Syringes and Needles market?

➠ Who are the leading manufacturers in the global Syringes and Needles industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Syringes and Needles industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Syringes and Needles market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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