Market Overview:
The global syringe and needle market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of chronic diseases, rising demand for minimally invasive procedures, and technological advancements in syringe and needle products. The disposable syringe and needle segment is expected to dominate the global market during the forecast period owing to its growing popularity among healthcare professionals for its safety features such as needles that are automatically sheathed after use. However, the reusable syringe and needle segment is projected to grow at a higher CAGR during the forecast period due its lower cost as compared to disposable products. On the basis of application, hospitals & clinics accounted for majority share of revenue in 2017 owing to increasing number of surgical procedures being performed in these settings.
Product Definition:
A syringe is a device used to inject liquid or gas into a body part or cavity, most often a vein. A needle is the sharp pointy object that goes into the body part or cavity. Syringes and needles are important because they allow us to inject liquids and gases into our bodies without having to cut ourselves open.
Disposable Syringe And Needle:
Disposable syringe and needle are used for injectable drugs. They are made of plastic, but some contain a metal core to improve accuracy. The size of the dose is decided according to the weight or volume of drug being injected, and also depends on the type of injection device being used (injector pen, auto-injector or manual injection).
Reusable Syringe And Needle:
Reusable syringe and needle are medical devices used to inject medicines into the patient's body. They are reusable due to which they can be disposed of after one or multiple injections. The most commonly used type of reusable syringes and needles in the market is a hypodermic syringe and a spinal needle, respectively.
Application Insights:
Based on the application, the global market has been segmented into hospitals and clinics, home care and other facilities. Hospitals and clinics held the largest share of more than 60.0% in 2017 owing to increasing government initiatives for improving healthcare infrastructure at a global level. For instance, in 2015-16, National Health Mission (NHM) implemented Total Quality Management (TQM) in all its hospitals through India¢â‚¬â„¢s Ministry of Health & Family Welfare with an aim to achieve ¢â‚¬Å“zero tolerance towards infections¢â‚¬ across all units under NHM umbrella by 2016-17. Such initiatives are expected to drive growth over next few years.
Regional Analysis:
Europe dominated the global market in 2017 owing to high incidence of chronic diseases, such as diabetes and cardiovascular disorders. In addition, growing number of surgeries in this region is expected to drive the market growth over the forecast period. Asia Pacific is anticipated to witness lucrative growth during the forecast period due to increasing geriatric population base and rising incidences of infectious diseases such as HIV/AIDS, cancer, diabetes & other chronic conditions. Moreover, improving healthcare infrastructure in emerging countries like China and India will boost product demand further driving revenue generation for international players operating within this industry space.
Growth Factors:
- Increasing prevalence 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 Syringe and Needle market is expected to benefit from this trend as it offers a convenient and safe way to administer medication to patients suffering from chronic diseases.
- Technological advancements: The Syringe and Needle market is constantly evolving with new technological advancements being introduced regularly. This has helped improve the quality, accuracy, and safety of syringes and needles products available in the market. This trend is likely to continue in the future, resulting in increased demand for syringes and needles products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Syringe and Needle Market Research Report
By Type
Disposable Syringe And Needle, Reusable Syringe And Needle
By Application
Hospitals & Clinics, Home Care
By Companies
B. Braun Medical, Medtronic, Terumo, Smiths Medical, Albert David, Connecticut Hypodermics, B. Braun Medical
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
223
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Syringe and Needle Market Report Segments:
The global Syringe and Needle market is segmented on the basis of:
Types
Disposable Syringe And Needle, Reusable Syringe And Needle
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
Hospitals & Clinics, Home Care
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:
- B. Braun Medical
- Medtronic
- Terumo
- Smiths Medical
- Albert David
- Connecticut Hypodermics
- B. Braun Medical
Highlights of The Syringe and Needle 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:
- Disposable Syringe And Needle
- Reusable Syringe And Needle
- By Application:
- Hospitals & Clinics
- Home Care
- 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 Syringe and Needle 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- 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?
A syringe is a medical device used to inject liquids, such as medications or blood. A needle is a thin, pointed object used for drawing out liquid from the body.
Some of the major companies in the syringe and needle market are B. Braun Medical, Medtronic, Terumo, Smiths Medical, Albert David, Connecticut Hypodermics, B. Braun Medical.
The syringe and needle 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 Syringe and Needle 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 Syringe and Needle Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Syringe and Needle 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 Syringe and Needle 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 Syringe and Needle Market Size & Forecast, 2018-2028
4.5.1 Syringe and Needle Market Size and Y-o-Y Growth
4.5.2 Syringe and Needle Market Absolute $ Opportunity
Chapter 5 Global Syringe and Needle 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 Syringe and Needle Market Size Forecast by Type
5.2.1 Disposable Syringe And Needle
5.2.2 Reusable Syringe And Needle
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Syringe and Needle 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 Syringe and Needle Market Size Forecast by Applications
6.2.1 Hospitals & Clinics
6.2.2 Home Care
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Syringe and Needle 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 Syringe and Needle 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 Syringe and Needle Analysis and Forecast
9.1 Introduction
9.2 North America Syringe and Needle 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 Syringe and Needle Market Size Forecast by Type
9.6.1 Disposable Syringe And Needle
9.6.2 Reusable Syringe And Needle
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 Syringe and Needle Market Size Forecast by Applications
9.10.1 Hospitals & Clinics
9.10.2 Home Care
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 Syringe and Needle Analysis and Forecast
10.1 Introduction
10.2 Europe Syringe and Needle 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 Syringe and Needle Market Size Forecast by Type
10.6.1 Disposable Syringe And Needle
10.6.2 Reusable Syringe And Needle
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 Syringe and Needle Market Size Forecast by Applications
10.10.1 Hospitals & Clinics
10.10.2 Home Care
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 Syringe and Needle Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Syringe and Needle 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 Syringe and Needle Market Size Forecast by Type
11.6.1 Disposable Syringe And Needle
11.6.2 Reusable Syringe And Needle
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 Syringe and Needle Market Size Forecast by Applications
11.10.1 Hospitals & Clinics
11.10.2 Home Care
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 Syringe and Needle Analysis and Forecast
12.1 Introduction
12.2 Latin America Syringe and Needle 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 Syringe and Needle Market Size Forecast by Type
12.6.1 Disposable Syringe And Needle
12.6.2 Reusable Syringe And Needle
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 Syringe and Needle Market Size Forecast by Applications
12.10.1 Hospitals & Clinics
12.10.2 Home Care
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) Syringe and Needle Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Syringe and Needle 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) Syringe and Needle Market Size Forecast by Type
13.6.1 Disposable Syringe And Needle
13.6.2 Reusable Syringe And Needle
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) Syringe and Needle Market Size Forecast by Applications
13.10.1 Hospitals & Clinics
13.10.2 Home Care
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 Syringe and Needle Market: Competitive Dashboard
14.2 Global Syringe and Needle Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 B. Braun Medical
14.3.2 Medtronic
14.3.3 Terumo
14.3.4 Smiths Medical
14.3.5 Albert David
14.3.6 Connecticut Hypodermics
14.3.7 B. Braun Medical
