Europe Syringes & Needles Market - Focused Insights 2023-2028

Europe Syringes & Needles Market - Focused Insights 2023-2028

REPORT OVERVIEW

This report offers market size & forecast data for the syringes & needles market in Europe. The revenue generated from the sale of syringes & needles are included in the report. This report provides a comprehensive and current market scenario of the Europe syringes & needles market, including Europe syringes & needles market size, anticipated market forecast, relevant market segmentations, and industry trends.

The study considers a detailed scenario of the present syringes & needles market and its market dynamics for 2023−2028 in Europe. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent players operating in the market.

MARKET DEFINITION

Syringes and needles are sterile medical devices used to inject fluids/solutions or withdraw secretions from the body. Needles are among the most commonly used medical devices in the healthcare system.

KEY HIGHLIGHTS

• In 2022, Europe Syringes and Needles market was valued at $7.97 billion and is expected to grow at a CAGR of 6.70% during the forecast period considering the facts that Europe is the growing market for Syringes and Needles products after the US on a global scale.
• The demand for Syringes and Needles market is rising due to multiple factors, including an increasing geriatric population, growing consumer awareness regarding usage, high prevalence of chronic cases, and increasing adoption of Syringes and Needles in treating diabetes.
• Other factors such as technological & material advancements, introduction of new products, well-developed healthcare infrastructure, extensive research & development activities, presence of leading key vendors, and government support also contribute to the overall Syringes and Needles market growth.
• By Product type, Syringes accounted for the highest share of 62.10% in 2022 and is projected to grow at the highest CAGR of 7.48% during the forecast period. This is mainly due to the increase in the recommendation and use of syringes by physicians/clinicians and people across Europe.
• By patient type, the adult segment accounted for the highest share of 69.44% in 2022 and is projected to grow at the highest CAGR of 6.99% during the forecast period. This increase is mainly attributed to the increasing number of chronic diseases among the adult population, such as diabetes.
• In End-User type, Hospitals segment accounted for the highest share of 56.95% in 2022 and is projected to grow at the highest CAGR of 7.39% during the forecast period. This is due to the increase in the number of surgeries performed in hospitals across Europe.
• BD, CardinalHealth, B Braun, Nipro, and TerumCorp are some of the leading players currently dominating the Europe syringes & needles market. The major players focus on strategic acquisitions and collaborations with emerging players to enter the syringes & needles market and gain access to commercially launched products.

VENDORS LIST

• BD
• Braun
• ICU Medical
• NiprMedical
• Terum
• Baxter
• NumedicTechnologies
• Codan
• DeRoyal
• Gerresheimer
• Henke Sass Wolf
• HTL Strefa
• Medtronic
• Med XL
• ATS Life Sciences
• Owen Mumford
• PentaFerte
• Schott
• Metier Medical
• CardinalHealth

REPORT HIGHLIGHTS

PRODUCT SEGMENTATION & FORECAST

• By Product type

Syringes

Types

General Syringes

Specialized Syringes

Usage

Disposable Syringes

Sterilizable Syringes

Needles

Types

Conventional Needles

Safety Needles

• By Patient Group

▪ Adults

▪ Pediatrics

• End-user

▪ Hospitals

▪ Clinics

▪ Home HealthCare settings

▪ Others

MARKET STRUCTURE

• Market Dynamics
• Competitive Landscape of Syringes and Needles Market
• Key Vendors
• Other Prominent Vendors

APPENDIX

• Research Methodology
• Abbreviations
• About Arizton