The report encompasses the forecast as well as analysis of the syringe market on the global and regional levels. The study displays historical data of 2016 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD million). Additionally, the market growth drivers, opportunities, restraints, and trends are also included in the syringe report.
We have provided industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the syringe market in our study.
The overview of porter's five forces methodology to consider the strategic tactics used by industry rivals is also included in our report.
The report also offers an in-depth analysis of the market share of each industry player and gives an outline of the market position of key players in the syringe. Moreover, the study offers wide coverage of key strategic improvements witnessed in the market such as acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, R&D activities, and geographical expansion of key players of the syringe.
The study provides a definitive view of the demand for syringe by fragmenting the market for Syringe based on size, product type, usage, capacity resource, syringe hub use, and regions. All segments were evaluated on the basis of current and future developments, and the demand is forecast from 2019 through 2025. The regional fragmentation covers current and forecasts demand for North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
A syringe is a medical device that is used to administer medicines through parenteral routes. The syringe market is segmented based on type, product type, usage, capacity, material, syringe hub, and application.
The specialized demand for syringe globally would expand at a faster rate over the forecast time. As the prevalence of chronic diseases such as leukemia and heart problems increase market growth prospects in this field are growing.
In a specialized syringe, category insulin is dominating more as there are a number of diabetic patients and the number is increasing day by day. The number is more in Asian countries as it has more diabetic patients.
A single type of syringe is more in use as it has fewer chances of producing infection as compared to reusable type. Safety syringes are more used and it is dominating the market as it is non-usable and thus cannot be used again. Syringes having a capacity of 1-10ml are more dominating as these quantities are more used in chronic diseases. Polymers are more used in making syringes as it is cheaper and available more in quantities. Luer lock is more dominating as it is more flexible to use and avoids needle stick injury. Hospital section is more dominating in syringe usage as it has more no of the patient's service sections.
Although businesses have a high market growth opportunity, market growth is impeded by factors such as the high cost of syringes, increasing the incidence of needle stick injuries. Countries such as japan, china, singapore, india, and south korea are the major markets with high growth potential as these hold a number of geriatric populations and also there are more patients with chronic diseases.
Key players operating in the syringe market industry are b. Braun melsungen ag, becton, dickinson, and company, cardinal health inc., hindustan syringes & medical devices ltd, norell, nurse assist, poulten & graf gmbh, smiths group plc, terumo europe nv, as such key market players in the target market are focusing on strategic partnerships such as mergers and acquisitions in order to get a competitive edge in the global market.
This report segments the Syringe market as follows:
Global Syringe Market: By Type Segment Analysis
Global Syringe Market: By Product Type Segment Analysis
Global Syringe Market: By usage Type Segment Analysis
Global Syringe Market: By Capacity Type Segment Analysis
Global Syringe Market: By Material Type Segment Analysis
Global Syringe Market: By Syringe Hub Segment Analysis
Global Advanced End-user Market: By End-user Segment Analysis
Global Syringe Market: Regional Segment Analysis
Key Pointers Addressed by the Report
Key Insights from Primary Research
Key recommendations from analysts
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