Syringes Market Size, Share, Growth, Trends and Forecast

Market-Research
Syringes Market

The overall syringes market is expected to reach $15.99 billion by 2021 from $10.56 billion in 2016, at a CAGR of 8.7% during the forecast period. Download a broucher:- https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=34590618

 

 Syringes Market

The Report “Syringes Market Size & Share by Type (General & Specialized Syringes (insulin, tuberculin)), Usability (Sterilizable/reusable (hypodermic, oral) & Disposable Syringes (conventional, safety, prefilled)), Material (Glass & Plastic Syringes) — Global Forecast to 2021”

On the basis of geography, market of syringes is classified into four regions, namely, North America, Europe, Asia-Pacific, and Rest of the World. In 2016, the global market is estimated to be dominated by North America. A number of factors such as increasing prevalence of chronic and lifestyle diseases, growing product approvals, increasing awareness about specialized syringes, upsurge in biologics approvals, and increasing developments in injectable devices are driving the growth of the North American market. The Asia-Pacific market is expected to grow at the highest CAGR from 2016 to 2021. Factors such as increasing technological advancement, rising focus of global players on the region, rapid urbanization, favorable regulatory policies for the approval of new injectables, and rapid growth in the aging population are propelling the growth of the market in the region.

Becton, Dickinson and Company (U.S.), Terumo Corporation (Japan), Medtronic plc (Ireland), Smiths Medical (U.S.), B. Braun Medical Inc. (U.S.), NIPRO Corporation (Japan), Hindustan Syringes & Medical Devices Limited (India), Gerresheimer AG (Germany), SCHOTT AG (Germany), and CODAN Medizinische Geräte GmbH & Co KG (Germany) are some of the key players operating in the global syringes market.

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