Market Overview:
The global medical syringes and needles market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of chronic diseases, rising geriatric population, and technological advancements in medical devices. In addition, growing demand for minimally invasive surgeries is also contributing to the growth of this market. On the basis of type, the global medical syringes and needles market can be segmented into syringes and needles. The syringe segment is expected to account for a larger share than the needle segment during the forecast period. This can be attributed to factors such as rising demand for disposable syringes due to safety concerns and increasing use of prefilled disposable syringes in hospitals and clinics worldwide.
Product Definition:
A medical syringe is a device used to inject medication or other liquids into the body. It typically consists of a cylindrical barrel with a plunger at one end and a needle at the other. The needle may be permanently attached to the barrel, as in an insulin syringe, or it may be detachable. Medical syringes are commonly used to administer injections, draw fluid samples for testing, and deliver medications intravenously.
Syringes:
A syringe is a hollow cylindrical container, which is used for introducing fluids into and removing them from the body. The size of the syringe varies according to its use; however, it has standard measurements of 0.5 ml, 1 ml, 2 ml and 3ml.
Needles:
The needles and its usage in medical syringes and needles market is expected to witness significant growth over the forecast period. Needles are used for injecting medicines into the patient's body. The medical industry has witnessed a tremendous increase due to advancements in technology, which has led to many new diseases being diagnosed each year.
Application Insights:
Based on the application, the global market is segmented into vaccine, biologics and others. The others segment includes blood products, therapeutic drugs and other injectables. Vaccine held the largest share of revenue in 2017 due to high usage rate of syringes for vaccination in children. Increasing awareness about immunization against a number of diseases is also expected to drive growth over the forecast period.
The biologics application segment is anticipated to witness significant growth during the forecast period owing to increasing use of syringes for parenteral nutrition & protein administration in patients undergoing various types of surgeries such as cardiac surgery or liver transplantation procedures. Growing geriatric population base across countries such as India, China Japan and Germany are expected to drive demand for various healthcare services which will further propel demand for biologics injections thereby driving medical syringes market growth during future years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing R&D, presence of major players and high adoption rate for advanced medical devices among healthcare professionals & patients in this region. In addition, favorable reimbursement policies are also aiding growth of this regional market. For instance, according to a study published by Centers for Medicare and Medicaid Services (CMS), from 2011 through 2015, nearly 80% of all vaccines were covered under Medicare Part B which helped increase usage rates among pediatric population in U.S.
Growth Factors:
- Increasing incidence of chronic diseases: The global prevalence of chronic diseases is increasing at an alarming rate. This is primarily because of the changing lifestyles and dietary habits of people across the world. The rise in the number of people suffering from chronic diseases has led to a corresponding increase in demand for medical syringes and needles.
- Technological advancements: Medical syringes and needles are witnessing rapid technological advancements, with manufacturers focusing on developing products that are more user-friendly and offer greater accuracy. This is likely to result in increased demand for medical syringes and needles in the coming years.
- Growing awareness about hygiene: There is a growing awareness among people about the importance of hygiene, especially with regards to healthcare facilities. This has led to an increase in demand for disposable medical syringes and needles, which can be easily disposed off after use without posing any health risks to either patients or healthcare workers alike .
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Syringes and Needles Market Research Report
By Type
Syringes, Needles
By Application
Vaccine, Biologics, Others
By Companies
BD, B Braun, Gerresheimer, Schott, Nipro, Weigao, Stevanato, Terumo, Taisei Kako, Feeltech, Owen Mumford, Cardinal Health
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
200
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Medical Syringes and Needles Market Report Segments:
The global Medical Syringes and Needles market is segmented on the basis of:
Types
Syringes, Needles
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Vaccine, Biologics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BD
- B Braun
- Gerresheimer
- Schott
- Nipro
- Weigao
- Stevanato
- Terumo
- Taisei Kako
- Feeltech
- Owen Mumford
- Cardinal Health
Highlights of The Medical Syringes and Needles Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Syringes
- Needles
- By Application:
- Vaccine
- Biologics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Medical Syringes and Needles Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Medical syringes and needles are devices used to inject medications into the body.
Some of the major players in the medical syringes and needles market are BD, B Braun, Gerresheimer, Schott, Nipro, Weigao, Stevanato, Terumo, Taisei Kako, Feeltech, Owen Mumford, Cardinal Health.
The medical syringes and needles market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Syringes and Needles Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Medical Syringes and Needles Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Syringes and Needles Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Medical Syringes and Needles Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Medical Syringes and Needles Market Size & Forecast, 2020-2028
4.5.1 Medical Syringes and Needles Market Size and Y-o-Y Growth
4.5.2 Medical Syringes and Needles Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Syringes
5.2.2 Needles
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Vaccine
6.2.2 Biologics
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Syringes and Needles Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Medical Syringes and Needles Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Syringes
9.6.2 Needles
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Vaccine
9.10.2 Biologics
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Syringes
10.6.2 Needles
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Vaccine
10.10.2 Biologics
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Syringes
11.6.2 Needles
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Vaccine
11.10.2 Biologics
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Syringes
12.6.2 Needles
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Vaccine
12.10.2 Biologics
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Syringes
13.6.2 Needles
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Vaccine
13.10.2 Biologics
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Medical Syringes and Needles Market: Competitive Dashboard
14.2 Global Medical Syringes and Needles Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BD
14.3.2 B Braun
14.3.3 Gerresheimer
14.3.4 Schott
14.3.5 Nipro
14.3.6 Weigao
14.3.7 Stevanato
14.3.8 Terumo
14.3.9 Taisei Kako
14.3.10 Feeltech
14.3.11 Owen Mumford
14.3.12 Cardinal Health
