The latest Syringes Market study, blends in qualitative and quantitative research techniques to present vital data on the competitive landscape for the period of 2021 – 2030 .The report is furnished with the latest updates about the current market scenario with regards to the COVID-19 pandemic. The report considers COVID-19 as a key contributor to the dynamically altered market scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market.
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.
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The Global Syringes Market report contains historical, current, and forecast estimation of the revenue generation and profits for each segment and sub-segment of the Syringes Market in each key region of the world.
Covid 19 impact analysis:
This report is the latest document discussing the current economic situation gravely impacted by the COVID-19 outbreak in detail. The global health emergency has led to massive changes in the global economy and the Syringes Market business sphere. The current scenario of this ever-evolving business vertical has been clearly depicted in the report, which contains a broad analysis of the pandemic’s present and future effects.
Major companies profiled in the market report include BD, Terumo, Medtronic, Smiths Medical, B. Braun Melsungen AG, NIPRO, Hindustan Syringes & Medical Devices Ltd, Gerresheimer AG, SCHOT, and CODAN Companies.
Research objectives:
- The global Syringes Market report studies the worldwide market consumption rate in terms of value and volume.
- It identifies the various sub-segments of the market structure.
- It proffers information regarding the leading global manufacturers in this industry, describing their Syringes Market market value & share, sales volume, competitive analysis, SWOT analysis, and development strategies adopted during the forecast timeline.
- The report describes the key industry players, with respect to their individual growth trends, future prospects, and contribution to the global market, and explains the factors related to their market growth potential, drivers, opportunities, threats, and industry-specific challenges.
- Furthermore, the report underpins the strategic developments occurring in the global Syringes Market
- An all-inclusive analysis and forecast estimation of the market have been included in this report.
- The report offers valuable insights into the major drivers, limitations, opportunities, and challenges faced by the global Syringes Market and its leading players.
- The report sheds light on the prominent market contenders, as well as their business strategies and long-term expansion plans.
· Product Outlook (Revenue, USD Billion; 2019–2030)
- General Syringes
- Specialized Syringes
- Insulin
- Tuberculin (TB)
- Allergy
- Smart Syringes
- Auto-Disable
- Auto Safety
- Passive Safety
- Specialized Syringes
· Usage Type Outlook (Revenue, USD Billion; 2019–2030)
- Reusable Syringes
- Disposable Syringes
- Empty
- Prefilled
- Disposable Syringes
· End-use Outlook (Revenue, USD Billion; 2019–2030)
- Hospitals
- Blood Collection Centers
- Diabetic Care Centers
- Others