Syringe Market, By Usage (Sterilizable/Reusable Syringes, Disposable Syringes, and Prefilled Syringes), By Application (Insulin Syringes, Botox, Osteoarthritis, Human Growth Hormone and Other Applications), and By Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
A syringe is the tube with a plunger that usually connects to a needle. It is widely used to inject fluid into the body or withdraw fluid from into the body. It is used to quickly and efficiently inject drugs, vaccines, and antibiotics. Some of the commonly used syringes are sterilizable/reusable syringes, disposable syringes, and prefilled syringes are. Syringes are an integral part of hospitals and health facilities worldwide. Increase in prevalence of chronic diseases and increase in demand for vaccination around the world has increased the demand and use of syringes.
Market Dynamics:
Increase in prevalence/incidence of chronic diseases, rise in demand for vaccination, technological advancements in syringes, increase in awareness regarding the advantages of syringes, and rise in geriatric population are major factors expected to propel growth of the global syringe market.
For instance, in June 2022, Terumo Pharmaceutical Solutions (TPS) announced the launch of the pre-fillable polymer syringe for low dose applications such as ophthalmic drugs. PLAJEX 0.5mL Luer Lock Silicone oil-free pre-fillable syringe is specifically designed for challenging low dose Pre-Filled Syringe products, making it suitable for drug applications such as intravitreal injection, thus offering a safe and effective treatment option for patients with ophthalmic disorders.
Moreover, in April 2022, Takeda reported that TAKHZYRO (lanadelumab-flyo) injection single-dose prefilled syringe will be available in the U.S. to prevent attacks of hereditary angioedema (HAE) in adult and pediatric patients 12 years of age and older.
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