Syringes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Quick Summary:

In an era when healthcare is witnessing a profound paradigm shift, the global syringes market is evolving rapidly to meet the expanding needs of diverse patient populations. This market plays a crucial role in various aspects of healthcare — from administering medication and withdrawing bodily fluids, to managing chronic diseases such as diabetes, hepatitis, and HIV. This comprehensive market research report provides key insights into the syringes market, tracing its growth trajectories and forecasting future trends.

The worldwide demand for syringes is escalating, driven by various factors ranging from government efforts to rapidly vaccinate populations, the growing prevalence of chronic illnesses, rising cases of healthcare-associated infections, increased surgical interventions, food safety concerns and pet humanization trends. Discerning market players will find this report's in-depth analysis of key market segments — based on product, material, usage, distribution, and end user — critical in crafting effective business strategies, tapping into emerging opportunities, and gaining a competitive edge.

The global syringes market size reached US$ 18.1 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 29.4 Billion by 2028, exhibiting a growth rate (CAGR) of 8.3% during 2023-2028.

Syringes are medical devices used by healthcare professionals to withdraw fluid from the body or inject medication through intravenous (IV) or intramuscular ways into the bloodstream. They assist in managing the medical conditions of people, including psoriasis, allergies, arthritis, cancer, diabetes, hepatitis, infertility, migraines, multiple sclerosis, osteoporosis, blood clotting disorders, and human immunodeficiency virus (HIV). Several manufacturers are currently adopting advanced manufacturing processes and quality assurance procedures to produce syringes that provide research and development (R&D) personnel with superior accuracy and precision during auto sampling.

Syringes Market Trends:

Governments of numerous countries are encouraging the fast and safe vaccination of people to reduce their probability of contracting coronavirus disease (COVID-19). This represents one of the key factors driving the need for effective syringes to meet vaccination targets. Apart from this, the growing prevalence of chronic diseases and the increasing healthcare-associated infection (HAI) cases are catalyzing the adoption of disposable syringes that are cost-effective, ready to use, and made of plastic. In addition to this, a significant rise in the percentage of people who are undergoing surgical interventions is augmenting the demand for single-use syringes for delivering anesthetics. Besides this, various initiatives, such as installing sharp containers in public places, undertaken by health agencies to address the increasing number of used syringes and promote safe injection practices are impelling the growth of the market. Furthermore, as farm animals are commonly exposed to diseases that can spread to humans, the increasing consumption of animal-derived products and the rising concerns about food safety are escalating the demand for combined vaccines and syringes. This can also be attributed to the growing adoption of companion animals and the emerging pet ownership and humanization trends.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global syringes market report, along with forecasts at the global, regional and country level from 2023-2028. The report has categorized the market based on product, material, usage, distribution channel and end user.

Breakup by Product:

General Syringes
Specialized Syringes
Insulin Syringes
Tuberculin Syringes
Allergy Syringes
Others

Breakup by Material:

Glass Syringes
Polymer Syringes

Breakup by Usage:

Disposable Syringes
Conventional Syringes
Safety Syringes
Prefilled Syringes
Reusable Syringes

Breakup by Distribution Channel:

Offline
Online

Breakup by End User:

Hospitals and Clinics
Diagnostic Centers
Speciality Centers
Others

Breakup by Region:

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

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being B. 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 and Thomas Scientific LLC.

Key Questions Answered in This Report

1. What was the size of the global syringes market in 2022?
2. What is the expected growth rate of the global syringes market during 2023-2028?
3. What are the key factors driving the global syringes market?
4. What has been the impact of COVID-19 on the global syringes market?
5. What is the breakup of the global syringes market based on the product?
6. What is the breakup of the global syringes market based on the material?
7. What is the breakup of the global syringes market based on usage?
8. What are the key regions in the global syringes market?
9. Who are the key players/companies in the global syringes market?

Frequently Asked Questions about the Global Syringes Market

What is the estimated value of the Global Syringes Market?

The Global Syringes Market was estimated to be valued at $18.1 Billion in 2022.

What is the growth rate of the Global Syringes Market?

The growth rate of the Global Syringes Market is 8.4%, with an estimated value of $29.4 Billion by 2028.

What is the forecasted size of the Global Syringes Market?

The Global Syringes Market is estimated to be worth $29.4 Billion by 2028.

Who are the key companies in the Global Syringes Market?

Key companies in the Global Syringes Market include B. Braun Melsungen AG, Baxter International Inc., Becton Dickinson, Company, Cardinal Health Inc., Gerresheimer AG, Hindustan Syringes & Medical Devices Ltd., Nipro Corporation, Pfizer Inc. and Retractable Technologies Inc..

Report Attribute	Details
No. of Pages	138
Published	September 2023
Forecast Period	2022 - 2028
Estimated Market Value ( USD ) in 2022	$ 18.1 Billion
Forecasted Market Value ( USD ) by 2028	$ 29.4 Billion
Compound Annual Growth Rate	8.4%
Regions Covered	Global
No. of Companies Mentioned	11

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview
4.2 Key Industry Trends

5 Global Syringes Market

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 Market Breakup by Product

6.1 General Syringes
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Specialized Syringes
6.2.1 Market Trends
6.2.2 Key Segments
6.2.2.1 Insulin Syringes
6.2.2.2 Tuberculin Syringes
6.2.2.3 Allergy Syringes
6.2.3 Market Forecast
6.3 Others
6.3.1 Market Trends
6.3.2 Market Forecast

7 Market Breakup by Material

7.1 Glass Syringes
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Polymer Syringes
7.2.1 Market Trends
7.2.2 Market Forecast

8 Market Breakup by Usage

8.1 Disposable Syringes
8.1.1 Market Trends
8.1.2 Key Segments
8.1.2.1 Conventional Syringes
8.1.2.2 Safety Syringes
8.1.2.3 Prefilled Syringes
8.1.3 Market Forecast
8.2 Reusable Syringes
8.2.1 Market Trends
8.2.2 Market Forecast

9 Market Breakup by Distribution Channel

9.1 Offline
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Online
9.2.1 Market Trends
9.2.2 Market Forecast

10 Market Breakup by End User

10.1 Hospitals and Clinics
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Diagnostic Centers
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Speciality Centers
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Others
10.4.1 Market Trends
10.4.2 Market Forecast

11 Market Breakup by Region

11.1 North America
11.1.1 United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
11.2 Asia-Pacific
11.2.1 China
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Japan
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 India
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 South Korea
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Australia
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Indonesia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
11.3 Europe
11.3.1 Germany
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 France
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 United Kingdom
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 Italy
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Spain
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Russia
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
11.4 Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Others
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
11.5 Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast

12 SWOT Analysis

12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats

13 Value Chain Analysis

14 Porters Five Forces Analysis

14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes

15 Price Analysis

16 Competitive Landscape

16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 B. Braun Melsungen AG
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.1.3 SWOT Analysis
16.3.2 Baxter International Inc.
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.2.3 Financials
16.3.2.4 SWOT Analysis
16.3.3 Becton Dickinson and Company
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.3.3 Financials
16.3.3.4 SWOT Analysis
16.3.4 Cardinal Health Inc.
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.4.3 Financials
16.3.4.4 SWOT Analysis
16.3.5 Gerresheimer AG
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.5.3 Financials
16.3.6 Hindustan Syringes & Medical Devices Ltd.
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.7 Nipro Corporation
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.7.3 Financials
16.3.7.4 SWOT Analysis
16.3.8 Pfizer Inc.
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
16.3.8.3 Financials
16.3.8.4 SWOT Analysis
16.3.9 Retractable Technologies Inc.
16.3.9.1 Company Overview
16.3.9.2 Product Portfolio
16.3.9.3 Financials
16.3.10 Schott AG
16.3.10.1 Company Overview
16.3.10.2 Product Portfolio
16.3.10.3 SWOT Analysis
16.3.11 Smiths Group plc
16.3.11.1 Company Overview
16.3.11.2 Product Portfolio
16.3.11.3 Financials
16.3.11.4 SWOT Analysis
16.3.12 Terumo Corporation
16.3.12.1 Company Overview
16.3.12.2 Product Portfolio
16.3.12.3 Financials
16.3.12.4 SWOT Analysis
16.3.13 Thomas Scientific LLC
16.3.13.1 Company Overview
16.3.13.2 Product Portfolio

List of Tables

Figure 1: Global: Syringes Market: Major Drivers and Challenges
Figure 2: Global: Syringes Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Syringes Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Syringes Market: Breakup by Product (in %), 2022
Figure 5: Global: Syringes Market: Breakup by Material (in %), 2022
Figure 6: Global: Syringes Market: Breakup by Usage (in %), 2022
Figure 7: Global: Syringes Market: Breakup by Distribution Channel (in %), 2022
Figure 8: Global: Syringes Market: Breakup by End User (in %), 2022
Figure 9: Global: Syringes Market: Breakup by Region (in %), 2022
Figure 10: Global: Syringes (General Syringes) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Syringes (General Syringes) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Syringes (Specialized Syringes) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Syringes (Specialized Syringes) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Syringes (Other Products) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Syringes (Other Products) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Syringes (Glass Syringes) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Syringes (Glass Syringes) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Syringes (Polymer Syringes) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Syringes (Polymer Syringes) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Syringes (Disposable Syringes) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Syringes (Disposable Syringes) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Syringes (Reusable Syringes) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Syringes (Reusable Syringes) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Syringes (Offline) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Syringes (Offline) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Syringes (Online) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Syringes (Online) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Syringes (Hospitals and Clinics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Syringes (Hospitals and Clinics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Syringes (Diagnostic Centers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Syringes (Diagnostic Centers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Syringes (Speciality Centers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Syringes (Speciality Centers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Syringes (Other End Users) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Syringes (Other End Users) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: North America: Syringes Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: North America: Syringes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: United States: Syringes Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: United States: Syringes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Canada: Syringes Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Canada: Syringes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Asia-Pacific: Syringes Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Asia-Pacific: Syringes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: China: Syringes Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: China: Syringes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Japan: Syringes Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Japan: Syringes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: India: Syringes Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: India: Syringes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: South Korea: Syringes Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: South Korea: Syringes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Australia: Syringes Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Australia: Syringes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Indonesia: Syringes Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Indonesia: Syringes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Others: Syringes Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Others: Syringes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Europe: Syringes Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Europe: Syringes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Germany: Syringes Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Germany: Syringes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: France: Syringes Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: France: Syringes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: United Kingdom: Syringes Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: United Kingdom: Syringes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Italy: Syringes Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Italy: Syringes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Spain: Syringes Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Spain: Syringes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Russia: Syringes Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Russia: Syringes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Others: Syringes Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Others: Syringes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Latin America: Syringes Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Latin America: Syringes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Brazil: Syringes Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Brazil: Syringes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Mexico: Syringes Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Mexico: Syringes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Others: Syringes Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Others: Syringes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Middle East and Africa: Syringes Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Middle East and Africa: Syringes Market: Breakup by Country (in %), 2022
Figure 84: Middle East and Africa: Syringes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 85: Global: Syringes Industry: SWOT Analysis
Figure 86: Global: Syringes Industry: Value Chain Analysis
Figure 87: Global: Syringes Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Syringes Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Syringes Market Forecast: Breakup by Product (in Million US$), 2023-2028
Table 3: Global: Syringes Market Forecast: Breakup by Material (in Million US$), 2023-2028
Table 4: Global: Syringes Market Forecast: Breakup by Usage (in Million US$), 2023-2028
Table 5: Global: Syringes Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
Table 6: Global: Syringes Market Forecast: Breakup by End User (in Million US$), 2023-2028
Table 7: Global: Syringes Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 8: Global: Syringes Market: Competitive Structure
Table 9: Global: Syringes Market: Key Players