Syringes Market Statistics, Business Opportunities, Competitive Landscape and Industry Analysis Report by 2030
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Market Size – USD 15.98 Billion in 2021, Market Growth – at a CAGR of 8.7%, Market Trends – Significant investments in research & development activities
VANCOUVER, BC, CANADA, November 8, 2022 /EINPresswire.com/ -- The Global Syringes Market Research Report provides a brief overview inclusive of the competitive landscape and key developments, policies, manufacturing costs, and processes. The report also provides the analysis of import/export, production and consumption ratio, supply and demand, cost, price, estimated revenue, and gross margins. The report further discusses in detail the driving factors influencing the growth of the market currently and in the coming years.
The global syringes market size reached USD 15.98 Billion in 2021 and is expected to register a revenue CAGR of 8.7% during the forecast period, according to latest analysis by Emergen Research. The rising demand for vaccination and immunization is an important factor driving market revenue growth.
High demand for the COVID-19 vaccine is driving the syringe market revenue growth. Demand for syringes to administer the COVID-19 vaccine has increased along with efforts to increase vaccine manufacturing. According to research, more than 12.1 billion doses have been given across 184 countries. Most recently, the rate was at 47.1 million doses per day. Emergence of the omicron variant in late 2021 increased the demand for syringes as there was an increased need for booster doses.
The rising number of needlestick injuries and infections is expected to restrain revenue growth of the market. People who deal with hypodermic syringes and other needle equipment run the risk of suffering needlestick wounds. Whenever someone disassembles or discards a needle, an injury might occur. Needles that are not properly disposed of might linger in rubbish or linen and hurt other workers when they unintentionally come into contact with them. In particular, blood-borne viruses are spread through these wounds. Hepatitis B and hepatitis C are some of the concerns, as well as the Human Immunodeficiency Virus (HIV), which causes Acquired Immune Deficiency Syndrome (AIDS). Accidental needlesticks can transfer potentially harmful substances into the body through the skin. There is potential for injection of hazardous drugs, but contact with infectious fluids, especially blood, is by far the greatest concern. Certain illnesses can be disseminated successfully even by little quantities of infectious fluid.
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The report is a comprehensive research study of the global Syringes market inclusive of the latest trends, growth factors, developments, opportunities, and competitive landscape. The research study includes an in-depth analysis of the market using advanced research methodologies such as SWOT analysis and Porter’s Five Forces analysis. The report is formulated with data gathered from primary and secondary research examined and validated by industry experts. The report provides an overview of the market leaders, segmentation by type, application, and region, and technological advancements.
The report further explores the key business players along with their in-depth profiling, product catalog, and strategic business decisions. The key players studied in the report are
BD, Terumo, Medtronic, Smiths Medical, B. Braun Melsungen AG, NIPRO, Hindustan Syringes & Medical Devices Ltd, Gerresheimer AG, SCHOT, and CODAN Companies.
How will this Report Benefit you?
A 250-page report from Emergen Research includes 194 tables and 189 charts and graphics. Anyone in need of commercial, in-depth assessments for the global Syringes market, as well as comprehensive market segment analysis, can benefit from our new study. You can assess the whole regional and global market for Syringes with the aid of our recent study. To increase market share, obtain financial analysis of the whole market and its various segments. We think there are significant prospects in this industry for rapidly expanding energy storage technology. Look at how you may utilise the current and potential revenue-generating prospects in this sector. The research will also assist you in making better strategic decisions, enabling you to build growth strategies, strengthen competitor analysis, and increase business productivity.
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Emergen Research has segmented the global syringes market on the basis of product, usage, end-use and region:
Product Outlook (Revenue, USD Billion; 2019–2030)
General Syringes
Specialized Syringes
Insulin
Tuberculin (TB)
Allergy
Smart Syringes
Auto-Disable
Auto Safety
Passive Safety
Usage Type Outlook (Revenue, USD Billion; 2019–2030)
Reusable Syringes
Disposable Syringes
Empty
Prefilled
End-use Outlook (Revenue, USD Billion; 2019–2030)
Hospitals
Blood Collection Centers
Diabetic Care Centers
Others
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Information found nowhere else
With our new report, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Emergen Research study is for everybody needing commercial analyses for the Syringes Market, 2022 to 2030, market-leading companies. You will find data, trends and predictions.
Regional Bifurcation of the Syringes Market Includes:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The report aims to provide a complete analysis of the global Syringes market with important details about the key market players from insightful primary and secondary research data. The report also aims to benefit the user by providing constructive data to gain insight into market growth, size, and investment approaches. Additionally, the report provides an extensive analysis of the Syringes market, including key data, such as factors influencing the growth of the market, buyers and vendors, production and consumption, and revenue.
What Questions Should You Ask before Buying a Market Research Report?
• How is the Syringes market evolving?
• What is driving and restraining the Syringes market?
• How will each Syringes submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2030?
• How will the market shares for each Syringes submarket develop from 2022 to 2030?
• What will be the main driver for the overall market from 2022 to 2030?
• Will leading Syringes markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
• How will the market shares of the national markets change by 2030 and which geographical region will lead the market in 2030?
• Who are the leading players and what are their prospects over the forecast period?
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Injectable Drug Delivery Market
https://www.prnewswire.co.uk/news-releases/injectable-drug-delivery-market-size-to-reach-usd-1-235-53-billion-in-2027-says-emergen-research-803007124.html
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors
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