1. Market Research
  2. > Pharmaceutical
  3. > Drug Delivery Market Trends
Syringe and Needle Market - Global Outlook and Forecast 2020-2025

Syringe and Needle Market - Global Outlook and Forecast 2020-2025

  • August 2020
  • 292 pages
  • ID: 5949208
  • Format: PDF
  • Arizton
Up to $1000 off Until Sep 20th 2020

Summary

Table of Contents

Search Inside

In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Syringe and Needle Market Report

The syringe and needle market is expected to grow at a CAGR of over 10% during the period 2019–2025.

The global syringe and needle market constitutes an essential segment of the global medical devices market. The market is majorly driven by the rising incidence of trauma cases (accidents and burn cases), the growing prevalence of chronic diseases, and the increasing incidence of hospital-acquired infections. Chronic diseases such as diabetes require medical products such as needles and syringes for the administration of insulin and drawing blood samples for monitoring glucose levels. Hence, the market is likely to grow due to the increasing prevalence of diabetics across the globe. With increasing instances of hospital-acquired infections, there is a high demand to reduce hospital-acquired infections and maintain safe laboratory practices. Hence, the increased focus to avoid needle stick injuries and infection transmissions by medical practitioners is boosting the growth of safety syringes and needles in the market.

The following factors are likely to contribute to the growth of the syringe and needle market during the forecast period:
•Growing Demand for Self-Injection Devices & Pre-filled Syringes
•Rapid Advancements in Needles & Syringes Design & Technology
•Favorable Government Initiatives & Rising Awareness about Safe Injection Practices

The study considers the present scenario of the syringe and needle market and its market dynamics for the period 2019?2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspect of the market. It profiles and examines leading companies and other prominent ones operating in the market.
Syringe and Needle Market Segmentation
The global syringe and needle market research report includes a detailed segmentation by Products, Patient Group, End-users, and geography. North America dominates the syringe market. APAC is expected to grow at a faster growth rate due to the presence of a large patient population that requires syringes for medication and blood testing. The increased adoption of injectable drugs, technological advancements, the increase in the geriatric population, and the growing number of vaccination and immunization programs for pediatrics, as well as adults, are expected to drive the volume growth over the next few years. The syringe market is categorized based on type and usability. By type, the segment is further divided into general and specialized syringes.

The general segment dominated the market in 2019, while the specialized segment is expected to grow at a faster growth rate during the forecast period. In terms of usability, the syringes segment is segmented into disposable and sterilizable. The disposable segment dominated the market share of 90%. The sterilizable segment accounted for a 10% market share.
The adult segment accounted for a 65% share of the global market in 2019.

The segment is the major revenue contributor on account of the increasing application of injections to treat diseases such as cancer, diabetes, and several viral infections. The growing elderly population, which is prone to chronic diseases, is another major revenue contributor to the healthcare industry as this patient group requires medical supervision. The rise in hospital admissions is due to the increase in cancer, cardiovascular ailments, and other infectious and chronic diseases prevalence has driven the demand for syringes and needles.

The hospital end-user segment is dominating the market and accounted for a 55% market share of the global syringe and needle market in 2019. Hospitals are the major revenue contributors. All hospitals use needles and syringes to withdraw blood or fluid samples and administer drugs or vaccinations. In emergency and inpatient settings, the injections are used on a large scale for medication and collection of multiple blood specimens for diagnosis and treatment purposes for the patients in critical care.

The syringe and needle market is witnessing the growing adoption of advanced syringes to minimize the risk of vessel intima. Advanced and safety needles and syringes are reducing the risk of needle stick injuries and transmission of infectious diseases among patients and healthcare providers. The outbreak of the COVID-19 pandemic is increasing hospital admissions, thereby increasing the demand for injections.

Segmentation by Products
•Syringes
oTypes
General Syringes
Specialized Syringes
oUsability
Disposable Syringes
Sterilizable Syringes
•Needles
oTypes
Conventional Needles
Safety Needles
Segmentation by Patient Group
•Adults
•Pediatric Patients
Segmentation by End-users
•Hospitals
•Clinics
•Home Healthcare Settings
•Others

INSIGHTS BY GEOGRAPHY
The North American region is driven by the rising incidence of chronic and infectious diseases, with hospitals, clinics, and ASCs emerging as the major revenue generators. The US and Canada are the primary revenue contributors to the market. The adoption of syringes and needles with safety mechanisms is higher in North America than in other geographical regions. End-users prefer the use of safety-engineered products, which, in turn, has increased the demand for such products. Moreover, the practice of safe community disposal has helped reduce medical contamination from needles, syringes, and cannula. The market is growing at a significant pace, which is expected to continue during the forecast period due to the rise in demand for safety injections and advanced cannula to reduce the incidences of needle stick injuries.

Segmentation by Geography
•North America
oUS
oCanada
•Europe
oUK
oGermany
oFrance
oItaly
oSpain
oRussia
•APAC
oChina
oJapan
oSouth Korea
oAustralia
oIndia
•Latin America
oBrazil
oMexico
oArgentina
•Middle East & Africa
oSouth Africa
oSaudi Arabia
oTurkey

INSIGHTS BY VENDORS
The global syringes and needle market share is fragmented and is currently intensifying due to the rapidly changing technological environment. Becton, Dickinson and Company, B Braun Melsungen, Nipro Corporation, Terumo, and Teleflex are the key players. All these companies have a significant presence in major geographical regions such as North America, APAC, and Europe. However, there are many local vendors providing products with similar specifications at low prices, which results in the price war among vendors. The major vendors are competing among themselves for the leading position in the market, with occasional spurts of competition coming from other local vendors.

Prominent Vendors
•BD
•Braun Melsungen
•Terumo
•Teleflex
•Nipro
•Smiths Medical
•Cardinal Health

Other Prominent Vendors
•Allison Medical
•Karam Green Bags
•APEXMED International
•Argon Medical Devices
•Artsana
•CODAN Medizinische Geräte
•Connecticut Hypodermics
•EXELINT International
•Gerresheimer
•Hindustan Syringes & Medical Devices
•International Medsurg Connection
•Retractable Technologies
•UltiMed
•Unimed
•West Pharmaceutical Services
•Vita Needle Company
•Aspen Surgical
•Bespak
•Credence MedSystems
•Dali Medical Devices
•DeRoyal
•GBUK
•Medtronic
•MHC Medical Products
•Micsafe Medical Group
•Moria
•Nemera
•Novo Nordisk
•Rays
•Schott
•Troge Medical
•Van Oostveen Medical
•Vygon
•Wujiang Evergreen EX/IM
•Ypsomed

Key Questions Answered
1.What is the global syringe and needle market size and growth forecast
2.What are some of the major factors influencing the syringe industry?
3.Which is the leading region/segment dominating the syringe and needle market?
4.Who are the strategic leaders in the syringe and needle market, and what are their shares?
5.How is COVID-19 impacting the market growth during the forecast period?

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
20% Off

($3500)

  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.

ref:plp2020

Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on