Impact Analysis of Covid-19
The complete version of the REPORT will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
The latest update of “Global Syringes Market” released by Stratagem Market Insights, forecasts further growth in the global supply and demand. The market report builds upon our previous iteration and the new release reinforces the sentiment that the 2021-2028 period is expected to be a promising period for the global Syringes Market.
Overview of the Syringes Market:
Syringes are a medical device that is used in administering or delivering medications by means of a needle. A syringe is an easy revolving cylinder usually made of plastic that contains a piston-like plunger. The piston can be linearly moved and pushed along the inner side of the cylinder, enabling the syringe to draw in and release liquid or other gaseous substances via a small hole at the top of the cylinder. There are three types of syringes: hollow syringes (or diuretic syringes), curved or tapering syringes, and curved or tapering tubes. Syringes are made from different materials, each of which gives the user a variety of options in choosing the right syringe for their needs.
Market Dynamics
Emergence of Covid-19 is expected to boost demand for single-dose syringes, thereby propelling the growth of the global syringes market over the forecast period. For instance, globally, as of 4:52 pm CEST, 26 October 2021, there have been 243,857,028 confirmed cases of COVID-19, including 4,953,246 deaths, reported to WHO. As of 24 October 2021, a total of 6,697,607,393 vaccine doses have been administered.
Increasing adoption of disposable syringes is expected to offer lucrative growth opportunities for players in the global syringes market. For instance, in April 2020, Ministry of Health, Government of Turkey, opened tender buy disposable syringes.
Medical waste products, such as a syringe may aid in spread of contagious bacteria. Thus, rising incidence of hospital-acquired diseases is expected to limit growth of the global syringes market. For instance, around 4,650 cases of clostridium difficile (c. diff) Infection were reported in the National Health Service hospitals in England in year 2017, according to the House of Commons Library, UK Parliament.
Major players operating in the global syringes market are focused on launching new syringes to expand their product portfolio. For instance, in August 2019, Morimoto Pharma launched new prefilled syringe product, the Morimoto S.A.F.E. Syringe Kit.
Key Takeaways
- Approval and launch of novel injectable drugs is expected to propel growth of the global syringes market. For instance, in March 2018, Protagonist Therapeutics, Inc. received the U.S Food and Drug Administration approval for PTG-300, a subcutaneous injectable in clinical development stage for the potential treatment of beta-thalassemia and liver fibrosis.
- Major players operating in the global syringes market are focused on launching advanced disposable syringes to expand their product portfolio. For instance, in February 2020, Transcodent GmbH & Co. KG launched the Transcodent Painless Steel Dental Injection Needles, disposable and sterile needles for the delivery of anesthetic.
- Major players operating in the global syringes market include, B. Braun Melsungen AG, Becton Dickinson and Company, Cardinal Health Inc., Gerresheimer AG, Hindustan Syringes and Medical Devices Ltd., Medline Industries Inc., Nipro Corporation (Nipro Medical Corporation), Retractable Technologies Inc., Smith's Group Plc, and Terumo Corporation.
Market Estimation:
The data processed and validated in secondary and primary research is analyzed to compute market estimation statistics. It involves market breakdown, bottom-up, and top-down research. Our research team considers macroeconomic factors to forecast a comprehensive statistical time series. Each data point is validated through the process data triangulation method to derive the final market estimation.
COVID-19 Impact:
The updated report, free extract available, comes with an option to access premium features that covers extensive past, current, and future data. Other valuable updates to the global Syringes Market report include a reviewed and refined pricing model for manufacturing and launch prices. The report incorporates new content to help give decision-makers key knowledge about the market and offers up-to-date forecasts accounting for the economic situation and impact of COVID-19.
Market Competition Assessment:
The Syringes Market is observed as the most diversified and competitive market comprising a large number of players. The market is dominated by several players, depending on their major competencies. The key players in this market are
- B. Braun Melsungen AG
- Becton
- Dickinson and Company
- Cardinal Health Inc
- Gerresheimer AG
- Hindustan Syringes and Medical Devices Ltd.
- Medline Industries Inc
- Nipro Corporation (Nipro Medical Corporation)
- Retractable Technologies Inc
- Smith's Group Plc
- Terumo Corporation (Terumo Medical Corporation).
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2028. For the purpose of this study, Stratagem Market Insights has segmented the global Syringes Market report on the basis of Types, Applications, and Regions.
By Product Type, the market is primarily segmented into:
- General Syringes
- Specialized Syringes
- Insulin Syringes
- Tuberculin Syringes
- Others
By Applications, the market is segmented into:
- Hospitals
- Diagnostic Centers
- Speciality Centers
- Others
The report covers the following Regions:
- North America
- Latin America
- Europe
- Asia Pacific
- Africa
- Middle East
Primary Research Insights:
The process of primary research starts with the verification and validation of every detail obtained in secondary research. This is done with the help of industry experts and in-house analysts who check the authentication of the data. Stratagem Market Insights also ensures that our research is not restricted by certain boundaries, which is why we consult each individual in the value chain including raw materials suppliers, local vendors, wholesale dealers, distributors, etc. We also make sure that every detail provided in the document will hold a certain value and it will not be trivial information. Moreover, current market trends, growth opportunities, drivers, and restraints are computed in primary research only.
The Report Sheds Light on Various Aspects of the Market, Some of the important ones are:
- What can be the best investment choices for venturing into new product and service lines?
- Which regions might see the demand maturing in certain segments in near future?
- Which government regulations might challenge the status of key regional markets?
- What are some of the value-grab opportunities in various segments?
- What will be the barrier to entry for new players in the market?
Why You Should Buy This Report:
- The report provides an all-inclusive environment of the analysis for the market
- In-depth secondary research and primary interviews
- Impact of various social, political, and economic factors
- Porter’s Five Forces Analysis
- Competitive Landscape
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into a specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Syringes Market Revenue
1.4 Market Analysis by Type
1.5 Market by Application
1.5.1 Global Syringes Market Share by Application: 2021 VS 2027
1.6 Coronavirus Disease 2019 (Covid-19) Impact: Syringes Market
1.6.1 How the Covid-19 is Affecting the Syringes Market
1.6.1.1 Syringes Market Business Impact Assessment - Covid-19
1.6.2 Market Trends and Syringes Market Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered
2 Global Growth Trends by Regions
2.1 Syringes Market Perspective (2015-2027)
2.2 Syringes Market Growth Trends by Regions
2.2.1 Syringes Market Size by Regions: 2015 VS 2021 VS 2027
2.2.2 Syringes Market Historic Market Share by Regions (2015-2021)
2.2.3 Syringes Market Forecasted Market Size by Regions (2021-2027)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porters Five Forces Analysis
2.3.5 Syringes Market Growth Strategy
2.3.6 Primary Interviews with Key Syringes Market Players (Opinion Leaders)
3 Competition Landscape by Key Players
3.1 Global Top Syringes Market Players by Market Size
3.1.1 Global Top Syringes Market Players by Revenue (2015-2021)
3.1.2 Global Syringes Market Revenue Market Share by Players (2015-2021)
3.1.3 Global Syringes Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Syringes Market Concentration Ratio
3.2.1 Global Syringes Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Syringes Market Revenue in 2019
3.3 Syringes Market Key Players Head office and Area Served
3.4 Key Players Syringes Market Product Solution and Service
3.5 Date of entering into Syringes Market
3.6 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type (2015-2027)
4.1 Global Syringes Market Historic Market Size by Type (2015-2021)
4.2 Global Syringes Market Forecasted Market Size by Type (2021-2027)
5 Syringes Market Breakdown Data by Application (2015-2027)
5.1 Global Syringes Market Size by Application (2015-2021)
5.2 Global Syringes Market Forecasted Market Size by Application (2021-2027)
6 North America
6.1 North America Syringes Market Size (2015-2021)
6.2 Syringes Market Key Players in North America (2019-2021)
6.3 North America Syringes Market Size by Type (2015-2021)
6.4 North America Syringes Market Size by Application (2015-2021)
7 Europe
7.1 Europe Syringes Market Size (2015-2021)
7.2 Syringes Market Key Players in Europe (2019-2021)
7.3 Europe Syringes Market Size by Type (2015-2021)
7.4 Europe Syringes Market Size by Application (2015-2021)
8 China
8.1 China Syringes Market Size (2015-2021)
8.2 Syringes Market Key Players in China (2019-2021)
8.3 China Syringes Market Size by Type (2015-2021)
8.4 China Syringes Market Size by Application (2015-2021)
9 Japan
9.1 Japan Syringes Market Size (2015-2021)
9.2 Syringes Market Key Players in Japan (2019-2021)
9.3 Japan Syringes Market Size by Type (2015-2021)
9.4 Japan Syringes Market Size by Application (2015-2021)
10 Southeast Asia
10.1 Southeast Asia Syringes Market Size (2015-2021)
10.2 Syringes Market Key Players in Southeast Asia (2019-2021)
10.3 Southeast Asia Syringes Market Size by Type (2015-2021)
10.4 Southeast Asia Syringes Market Size by Application (2015-2021)
11 India
11.1 India Syringes Market Size (2015-2021)
11.2 Syringes Market Key Players in India (2019-2021)
11.3 India Syringes Market Size by Type (2015-2021)
11.4 India Syringes Market Size by Application (2015-2021)
12 Central & South America
12.1 Central & South America Syringes Market Size (2015-2021)
12.2 Syringes Market Key Players in Central & South America (2019-2021)
12.3 Central & South America Syringes Market Size by Type (2015-2021)
12.4 Central & South America Syringes Market Size by Application (2015-2021)
13 Key Players Profiles
13.1 Company Details
13.2 Business Overview and Its Total Revenue
13.3 Syringes Market Introduction
13.4 Syringes Market Business (2015-2021)
13.5 Recent Development
14 Analyst's Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Disclaimer
15.3 Author Details
List of Table
Table 1. Syringes Market Key Market Segments
Table 2. Key Players Covered: Ranking by Syringes Market Revenue
Table 3. Ranking of Global Top Syringes Market Manufacturers by Revenue (US$ Million) in 2019
Table 4. Global Syringes Market Size Growth Rate by Type (US$ Million): 2021 VS 2027
Table 5. COVID-19 Impact Global Market
Table 6. Opportunities and Trends for Syringes Market Players in the COVID-19 Landscape
Table 7. Present Opportunities in China & Elsewhere Due to the Coronavirus Crisis
Table 8. Key Regions/Countries Measures against Covid-19 Impact
Table 9. Proposal for Syringes Market Players to Combat Covid-19 Impact
Table 10. Global Syringes Market Size Growth by Application (US$ Million): 2021 VS 2027
Table 11. Global Syringes Market Size by Regions (US$ Million): 2021 VS 2027
Table 12. Global Syringes Market Size by Regions (2015-2021) (US$ Million)
Table 13. Global Syringes Market Share by Regions (2015-2021)
Table 14. Global Syringes Market Forecasted Market Size by Regions (2021-2027) (US$ Million)
Table 15. Global Syringes Market Share by Regions (2021-2027)
Table 16. Market Top Trends
Table 17. Key Drivers: Impact Analysis
Table 18. Key Challenges
Table 19. Syringes Market Growth Strategy
Table 20. Main Points Interviewed from Key Syringes Market Players
Table 21. Global Syringes Market Revenue by Players (2015-2021) (Million US$)
Table 22. Global Syringes Market Share by Players (2015-2021)
Table 23. Global Top Syringes Market Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Syringes Market as of 2019)
Table 24. Global Syringes Market by Players Market Concentration Ratio (CR5 and HHI)
Table 25. Key Players Headquarters and Area Served
Table 26. Key Players Syringes Market Product Solution and Service
Table 27. Date of entering into Syringes Market
Table 28. Mergers & Acquisitions, Expansion Plans
Table 29. Global Syringes Market Size by Type (2015-2021) (Million US$)
Table 30. Global Syringes Market Size Share by Type (2015-2021)
Table 31. Global Syringes Market Revenue Market Share by Type (2021-2027)
Table 31. Global Syringes Market Size Share by Application (2015-2021)
Table 33. Global Syringes Market Size by Application (2015-2021) (Million US$)
Table 34. Global Syringes Market Size Share by Application (2021-2027)
Table 35. North America Key Players Syringes Market Revenue (2019-2021) (Million US$)
Table 36. North America Key Players Syringes Market Share (2019-2021)
Table 37. North America Syringes Market Size by Type (2015-2021) (Million US$)
Table 38. North America Syringes Market Share by Type (2015-2021)
Table 39. North America Syringes Market Size by Application (2015-2021) (Million US$)
Table 40. North America Syringes Market Share by Application (2015-2021)
Table 41. Europe Key Players Syringes Market Revenue (2019-2021) (Million US$)
Table 42. Europe Key Players Syringes Market Share (2019-2021)
Table 43. Europe Syringes Market Size by Type (2015-2021) (Million US$)
Table 44. Europe Syringes Market Share by Type (2015-2021)
Table 45. Europe Syringes Market Size by Application (2015-2021) (Million US$)
Table 46. Europe Syringes Market Share by Application (2015-2021)
Table 47. China Key Players Syringes Market Revenue (2019-2021) (Million US$)
Table 48. China Key Players Syringes Market Share (2019-2021)
Table 49. China Syringes Market Size by Type (2015-2021) (Million US$)
Table 50. China Syringes Market Share by Type (2015-2021)
Table 51. China Syringes Market Size by Application (2015-2021) (Million US$)
Table 52. China Syringes Market Share by Application (2015-2021)
Table 53. Japan Key Players Syringes Market Revenue (2019-2021) (Million US$)
Table 54. Japan Key Players Syringes Market Share (2019-2021)
Table 55. Japan Syringes Market Size by Type (2015-2021) (Million US$)
Table 56. Japan Syringes Market Share by Type (2015-2021)
Table 57. Japan Syringes Market Size by Application (2015-2021) (Million US$)
Table 58. Japan Syringes Market Share by Application (2015-2021)
Table 59. Southeast Asia Key Players Syringes Market Revenue (2019-2021) (Million US$)
Table 60. Southeast Asia Key Players Syringes Market Share (2019-2021)
Table 61. Southeast Asia Syringes Market Size by Type (2015-2021) (Million US$)
Table 62. Southeast Asia Syringes Market Share by Type (2015-2021)
Table 63. Southeast Asia Syringes Market Size by Application (2015-2021) (Million US$)
Table 64. Southeast Asia Syringes Market Share by Application (2015-2021)
Table 65. India Key Players Syringes Market Revenue (2019-2021) (Million US$)
Table 66. India Key Players Syringes Market Share (2019-2021)
Table 67. India Syringes Market Size by Type (2015-2021) (Million US$)
Table 68. India Syringes Market Share by Type (2015-2021)
Table 69. India Syringes Market Size by Application (2015-2021) (Million US$)
Table 70. India Syringes Market Share by Application (2015-2021)
Table 71. Central & South America Key Players Syringes Market Revenue (2019-2021) (Million US$)
Table 72. Central & South America Key Players Syringes Market Share (2019-2021)
Table 73. Central & South America Syringes Market Size by Type (2015-2021) (Million US$)
Table 74. Central & South America Syringes Market Share by Type (2015-2021)
Table 75. Central & South America Syringes Market Size by Application (2015-2021) (Million US$)
Table 76. Central & South America Syringes Market Share by Application (2015-2021)
Table 77. Company Details
Table 78. Business Overview
Table 79. Product details
Table 80. Revenue in Syringes Market Business (2015-2021) (Million US$)
Table 81. Recent Development
List of Figures
Figure 1. Global Syringes Market Share by Type: 2021 VS 2027
Figure 2. Global Syringes Market Share by Application: 2021 VS 2027
Figure 3. Emergency Care Case Studies
Figure 4. Outpatient Facilities Case Studies
Figure 5. Hospitals Case Studies
Figure 6. Home Healthcare Facilities Case Studies
Figure 7. Syringes Market Report Years Considered
Figure 8. Global Syringes Market Size YoY Growth 2015-2027 (US$ Million)
Figure 9. Global Syringes Market Share by Regions: 2021 VS 2027
Figure 10. Global Syringes Market Share by Regions (2021-2027)
Figure 11. Porter's Five Forces Analysis
Figure 12. Global Syringes Market Share by Players in 2019
Figure 13. Global Top Syringes Market Players by Company Type (Tier 1, Tier 2, and Tier 3) (based on the Revenue in Syringes Market as of 2019
Figure 14. The Top 10 and 5 Players Market Share by Syringes Market Revenue in 2019
Figure 15. North America Syringes Market Size YoY Growth (2015-2021) (Million US$)
Figure 16. Europe Syringes Market Size YoY Growth (2015-2021) (Million US$)
Figure 17. China Syringes Market Size YoY Growth (2015-2021) (Million US$)
Figure 18. Japan Syringes Market Size YoY Growth (2015-2021) (Million US$)
Figure 19. Southeast Asia Syringes Market Size YoY Growth (2015-2021) (Million US$)
Figure 20. India Syringes Market Size YoY Growth (2015-2021) (Million US$)
Figure 21. Central & South America Syringes Market Size YoY Growth (2015-2021) (Million US$)
Figure 22. Bottom-up and Top-down Approaches for This Report
Figure 23. Data Triangulation
Figure 24. Key Executives Interviewed
