Syringes Market Size, Share, Industry Trends and Forecast to 2033
This report provides a comprehensive analysis of the Syringes market from 2023 to 2033, including market size, growth trends, segmentation, regional insights, and key industry players, aimed at delivering valuable data for stakeholders in the healthcare sector.
| Metric | Value |
|---|---|
| Study Period | 2023 - 2033 |
| 2023 Market Size | $10.00 Billion |
| CAGR (2023-2033) | 5% |
| 2033 Market Size | $16.46 Billion |
| Top Companies | BD (Becton, Dickinson and Company), Medtronic, Terumo Corporation, Smiths Group plc, Nipro Corporation |
| Last Modified Date | 15 Nov 2024 |
Syringes (2023 - 2033)
Syringes Market Overview
What is the Market Size & CAGR of Syringes market in 2023?
Syringes Industry Analysis
Syringes Market Segmentation and Scope
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Syringes Market Analysis Report by Region
Europe Syringes:
In Europe, the market was valued at $3.01 billion in 2023, expected to grow to $4.95 billion by 2033. Enhanced healthcare infrastructure and rising chronic disease prevalence are key growth drivers in this region.Asia Pacific Syringes:
In 2023, the Syringes market in Asia Pacific was valued at $1.86 billion, projected to reach $3.07 billion by 2033, reflecting a significant growth driven by increasing healthcare investments and rising prevalence of chronic diseases.North America Syringes:
North America led the market with a valuation of $3.64 billion in 2023, anticipated to reach $5.99 billion by 2033. The growth is fueled by advanced healthcare technology and the presence of major syringe manufacturers.South America Syringes:
The South American syringes market in 2023 was valued at $0.83 billion, with expectations to climb to $1.37 billion by 2033. This growth is stimulated by expanding healthcare access and vaccination initiatives across the region.Middle East & Africa Syringes:
The Middle East and African market accounted for $0.66 billion in 2023, projected to reach $1.09 billion by 2033, supported by increasing health initiatives and investments in healthcare technologies.Request a custom research report for industry.
Syringes Market Analysis By Product
Global Syringes Market, By Product Market Analysis (2023 - 2033)
Conventional syringes dominate the market with a size of $6.75 billion in 2023, anticipated to increase to $11.10 billion by 2033, retaining a market share of 67.47%. Safety syringes will also see growth from $2.10 billion to $3.46 billion with consistent share, reflecting their importance for healthcare safety. Pre-filled syringes are a rapidly emerging product with sales projected to grow from $1.15 billion to $1.90 billion.
Syringes Market Analysis By Material
Global Syringes Market, By Material Market Analysis (2023 - 2033)
Plastic syringes currently dominate the material category with a market size of $8.45 billion in 2023, growing to $13.91 billion by 2033, holding 84.51% market share. Glass syringes, while smaller in market size at $1.55 billion in 2023, are estimated to see growth to $2.55 billion, holding a market share of 15.49%.
Syringes Market Analysis By End User
Global Syringes Market, By End User Market Analysis (2023 - 2033)
The hospital segment leads with a size of $5.07 billion in 2023 and is projected to reach $8.34 billion by 2033, maintaining a market share of 50.66%. Clinics and home care segments are also significant, with respective sizes growing from $2.44 billion to $4.01 billion, and from $1.07 billion to $1.76 billion.
Syringes Market Analysis By Application
Global Syringes Market, By Application Market Analysis (2023 - 2033)
Vaccination applications lead with a market size of $5.07 billion in 2023, expected to rise to $8.34 billion by 2033. The insulin delivery market is also substantial, expanding from $2.44 billion to $4.01 billion, among other applications maintaining a strong presence.
Syringes Market Analysis By Distribution Channel
Global Syringes Market, By Distribution Channel Market Analysis (2023 - 2033)
Online distribution channels represent the largest share with a market size of $8.45 billion in 2023, growing to $13.91 billion by 2033, capturing 84.51% of the market. Offline channels will remain relevant, expected to grow from $1.55 billion to $2.55 billion.
Syringes Market Trends and Future Forecast
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Global Market Leaders and Top Companies in Syringes Industry
BD (Becton, Dickinson and Company):
A leading global medical technology company, BD offers a comprehensive range of syringes, focusing on safety and innovation in drug delivery.Medtronic:
An industry leader in medical devices and technologies, Medtronic provides cutting-edge syringes designed for various clinical applications.Terumo Corporation:
Known for its high-quality medical equipment, Terumo specializes in safety syringes and innovative healthcare solutions.Smiths Group plc:
A diversified technology company with a strong health division, Smiths produces syringes known for their safety features and reliability.Nipro Corporation:
Nipro is recognized for its broad range of syringes and medical devices, emphasizing improvement in patient care and safety.We're grateful to work with incredible clients.
