The latest market intelligence report, titled ‘Global Syringes Market ’, is intended to provide the target audience with the necessary information about the global Syringes Market industry. The report comprises a detailed analysis of the vital elements of the Syringes Market , including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors.
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.
Key participants include
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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Drivers:
Several factors contribute to the expansion of the Syringes Market. Firstly, the growing prevalence of oral diseases and disorders, such as cavities, gingivitis, and periodontal diseases, has heightened the awareness of oral hygiene practices among consumers. Consequently, individuals are increasingly turning to mouthwash products as an integral part of their daily oral care routine to maintain optimal dental health. Additionally, advancements in oral care technologies have led to the development of innovative mouthwash formulations with enhanced efficacy and additional benefits, further driving market growth.
Research Methodology
Emergen Research follows a cohesive methodology to reduce the residual errors to a minimum level by refining the scope, validating through primary insights, and nurturing the in-house database on a regular basis. A dynamic model is formulated to capture the regular fluctuations in the market and thereby, being updated with any shifts in the market dynamics. The parameters and variables involved in the research vary depending on individual markets and most importantly, both demand and supply side information is included in the model to identify the market gap.
Key Objectives of the Global Syringes Market Report:
- An all-inclusive analysis and forecast estimation of the market have been included in this report.
- The report offers valuable insights into the major drivers, limitations, opportunities, and challenges faced by the global Syringes Market
- and its leading players.
- The report sheds light on the prominent market contenders, as well as their business strategies and long-term expansion plans.
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Restraints:
Despite the promising growth prospects, the Syringes Market faces certain restraints and challenges. One significant challenge is the presence of stringent regulations and standards governing the production and marketing of mouthwash products. Compliance with these regulations, particularly concerning the use of active ingredients and product labeling, can pose challenges for manufacturers, impacting market growth. Moreover, the availability of alternative oral care products, such as toothpaste, dental floss, and oral sprays, presents a competitive challenge to mouthwash manufacturers, hindering market expansion to some extent.
Emergen Research has segmented the global syringes market on the basis of product, usage, end-use and region:
· Product Outlook (Revenue, USD Billion; 2019–2030)
-
- General Syringes
- Specialized Syringes
- Insulin
- Tuberculin (TB)
- Allergy
- Smart Syringes
- Auto-Disable
- Auto Safety
- Passive Safety
· Usage Type 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
Regional Overview:
The global Syringes Market market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global Syringes Market market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements
The report considers the following timeline for market estimation:
- Historical Years: 2017-2018
- Base Year: 2019
- Estimated Year: 2027
- Forecast Years: 2020-2027
Global Syringes Market Report – Table of Contents:
- Chapter 1 includes the global Syringes Market market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
- Chapter 2 broadly categorizes the Syringes Market market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
- Chapter 3 elaborates on the competitive outlook of the Syringes Market market, focusing on the major manufacturers and vendor landscape.
- Chapter 4 exhaustively studies the key manufacturers of the Syringes Market industry, along with their anticipated sales and revenue shares.
- Chapters 5 includes market segmentation based on product type, application range, and market players.
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About Emergen Research
Emergen Research is a Market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer Market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
