Global Syringes and Needles Market Growth 2023-2029

Global Syringes and Needles Market Growth 2023-2029

A syringe is a simple reciprocating pump consisting of a plunger (though in modern syringes, it is actually a piston) that fits tightly within a cylindrical tube called a barrel. The plunger can be linearly pulled and pushed along the inside of the tube, allowing the syringe to take in and expel liquid or gas through a discharge orifice at the front (open) end of the tube.
LPI (LP Information)' newest research report, the “Syringes and Needles Industry Forecast” looks at past sales and reviews total world Syringes and Needles sales in 2022, providing a comprehensive analysis by region and market sector of projected Syringes and Needles sales for 2023 through 2029. With Syringes and Needles sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Syringes and Needles industry.
This Insight Report provides a comprehensive analysis of the global Syringes and Needles landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Syringes and Needles portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Syringes and Needles market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Syringes and Needles and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Syringes and Needles.
The global Syringes and Needles market size is projected to grow from US$ 8342.1 million in 2022 to US$ 12130 million in 2029; it is expected to grow at a CAGR of 12130 from 2023 to 2029.
In terms of product types, syringes and needles mainly include conventional syringes and needles, safety ones and pre-filled ones. In 2019, the shares of global revenue of safety and pre-filled syringes and needles were basically the same, 37.33% and 35.69%, respectively, accounting for a higher proportion than traditional ones.
From the perspective of application scenarios, hospitals and clinics consume a large amount of syringes and needles, accounting for 70.13% of global sales in 2019.
The Asia-Pacific region, Europe and the US are the regions with the largest syringes and needles consumption, with the Asia-Pacific region consuming 39.83% of the total in 2019, Europe 26.12% and the US 19.33%, respectively.
This report presents a comprehensive overview, market shares, and growth opportunities of Syringes and Needles market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Conventional Syringes and Needles
Safety Syringes and Needles
Prefilled Syringes and Needles
Others
Segmentation by application
Hospitals and Clinics
Home Use
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BD
Terumo
WEGO
Nipro
Cardinal Health
B.Braun
KDL
Smiths Medical ASD
QIAO PAI
Fresenius Kabi AG
HMD
Retractable Technologies
DOUBLE-DOVE
Zheng Kang
Jichun
SHU GUANG JIAN SHI
Feel Tech

Key Questions Addressed in this Report
What is the 10-year outlook for the global Syringes and Needles market?
What factors are driving Syringes and Needles market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Syringes and Needles market opportunities vary by end market size?
How does Syringes and Needles break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.