Market Introduction
A syringe is a piston-like medical instrument that has a significant importance in healthcare. Syringes play a major role in administration of vaccines, nutritional supplements, and medicines. The product has wide range of applicability, from injecting of liquid nutritionals into a feeding tube to conduct vaccination. Syringes can be classified into reusable and disposables. Increasing prevalence of chronic conditions and rising patient population is prominently expected to drive the market growth during the forecast period.
The scope of the syringes market includes procedure syringe type, application, usability, end user, and region. The market for syringe is analyzed based on Middle East & Africa region. The report offers insights and in-depth analysis of the syringes market emphasizing on various parameters such as market trends, technological advancements, market dynamics, and competitive landscape analysis of leading market players across the Middle East & Africa.
Market Overview and Dynamics
The Middle East and Africa (MEA) Syringe market is projected to reach US$ 1,450.40 million by 2027 from US$ 735.11 million in 2019. The market is estimated to grow at CAGR of 8.8% from 2020 to 2027. The growth of the market is driven by the factors such as, growing number of chronic diseases and infectious diseases and increased adoption of injectable drugs. However, the market is likely to have negative impact due to growing cases of needle-stick injuries.
Key Market Segments
Based on syringes type, the syringe market is segmented into luer lock syringes, glass syringes, luer slip syringes, and others. In 2019, the luer lock syringes segment accounted for the highest share of the market IN 2019. However, the glass syringes segment is estimated to register the highest CAGR of 9.5% in the market during the forecast period.
Based on application, the market is segmented into aesthetics, human health, lab / industrial, others. The human health segment held the largest share of the market in 2019. However, the aesthetics segment is estimated to register the highest CAGR of 9.8% in the market during the forecast period.
Based on usability, the market is segmented into sterilizable/reusable syringes and disposable syringes. The disposable syringes segment held the largest share of the market in 2019. However, the disposable syringes segment is estimated to register the highest CAGR of 9.0% in the market during the forecast period.
Based on end user, the market is segmented into hospitals & clinics, blood collection centers, diabetic care centers, and others. The hospitals & clinics segment held the largest share of the market in 2019. However, the diabetic care centers segment is estimated to register the highest CAGR of 9.8% in the market during the forecast period.
Major Sources and Companies Listed
Some of the major primary and secondary sources for Middle East and Africa (MEA) Syringe market included in the report are, The World Health Organization (WHO), Department of Health -Abu Dhabi, International Diabetes Federation (IDF), Food and Drug Administration (FDA), and American Diabetes Association among others.
Reasons to buy the report
Middle East and Africa (MEA) Syringe Market –
By Syringes Type
By End User
Company Profiles
The List of Companies - Middle East and Africa Syringe Market