Arizton publishes the latest focus insights report, the global syringes & needles market is growing at a CAGR of 7.93% during 2023-2029.
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The syringes and needles market is experiencing a significant surge in demand, driven by several key factors. These include a rising geriatric population, increased consumer awareness about their usage, a high prevalence of chronic diseases, and the growing adoption of syringes and needles in the treatment of diabetes. Additionally, advancements in technology and materials, the introduction of new products, a well-established healthcare infrastructure, extensive research and development efforts, the presence of leading industry players, and government support are all contributing to the overall growth of the syringes and needles market.
Regarding product types, the syringes segment currently holds a dominant market share of 66.89% as of 2023. It is projected to continue growing at a robust compound annual growth rate (CAGR) of 8.16%, with an absolute growth rate of 60.12% during the forecast period. This growth is primarily attributed to the increasing demand for disposable syringes and the rapid expansion of immunization and vaccination programs.
BD, Cardinal Health, B Braun, Nipro, and Terumo Corp are some of the leading players currently dominating the global 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.
Product Segmentation and Forecast
- Product Type
- General Syringes
- Specialized Syringes
- Disposable Syringes
- Sterilizable Syringes
- Conventional Needles
- Safety Needles
- End-user type
- Home Healthcare Settings
- Patient Group
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Key Questions Answered in the Report
What factors are driving the demand for syringes and needles?
Which product type dominates the market share as of 2023?
Which patient type holds the largest market share?
How is the disposable syringes segment performing in the market?
Table Of Contents
CHAPTER – 1: Syringes & Needles Market Overview
CHAPTER – 6: Syringes & Needles Industry Overview
CHAPTER – 2: Syringes & Needles Market
CHAPTER – 3: Syringes & Needles Market Segmentation Data
CHAPTER – 4: Key Regions Overview
CHAPTER – 5: Syringes & Needles Market Prospects & Opportunities
CHAPTER – 7: Appendix
List of Exhibits
List of Tables
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