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.
Market Analysis and Insights: Global Syringes and Needles Market
Due to the COVID-19 pandemic, the global Syringes and Needles market size is estimated to be worth US$ 9018 million in 2022 and is forecast to a readjusted size of US$ 12290 million by 2028 with a CAGR of 5.3% during the review period. Fully considering the economic change by this health crisis, Conventional Syringes and Needles accounting for % of the Syringes and Needles global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Hospitals and Clinics segment is altered to an % CAGR throughout this forecast period.
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.
Global Syringes and Needles Scope and Segment
Syringes and Needles market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Syringes and Needles market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Conventional Syringes and Needles
Safety Syringes and Needles
Prefilled Syringes and Needles
Others
Segment by Application
Hospitals and Clinics
Home Use
Others
By Company
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
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE