Syringes Market Forecast to 2030
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.
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.
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The global Syringes market report employs an extremely extensive and perceptive process that analyzes statistical data relating to services and products offered in the market. The research study is a pivotal document in understanding the needs and wants of the clients. The report is comprised of significant data about the leading companies and their marketing strategies. The Syringes industry is witnessing an expansion and change of dynamics owing to the entry of several new players.
The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
BD, Terumo, Medtronic, Smiths Medical, B. Braun Melsungen AG, NIPRO, Hindustan Syringes Medical Devices Ltd, Gerresheimer AG, SCHOT, and CODAN Companies
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Market Overview:
The report bifurcates the Syringes market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
Product Outlook (Revenue, USD Billion; 2019–2030)
- General Syringes
- Specialized Syringes
- Insulin
- Tuberculin (TB)
- Allergy
- Smart Syringes
- Auto-Disable
- Auto safety
Usage Outlook (Revenue, USD Billion; 2019–2030)
- Reusable Syringes
- Disposable Syringes
- Empty
- Prefilled
End-Use Outlook (Revenue, USD Billion; 2019–2030)
- Hospitals
- Blood Collection Centers
- Diabetic Care Centers
- Others
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The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market.
Regional Analysis Covers:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Furthermore, the report provides the analytical data in an organized format segmented into charts, tables, graphs, figures, and diagrams. This enables readers to understand the market scenario in an easy and beneficial manner. Moreover, the report aims to impart a prospective outlook and draw an informative conclusion to assist the reader in making lucrative business decisions. The report, in conclusion, provides a detailed analysis of the segments expected to dominate the market, the regional bifurcation, the estimated market size and share, and comprehensive SWOT analysis and Porter’s Five Forces Analysis.
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