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 regions such as North America, Europe, Asia Pacific, Middle East & Africa, and South and Central America. 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 globe.
Market Overview and Dynamics
The North America syringe market is projected to reach US$ 9,612.96 million by 2027 from US$ 4,427.49 million in 2019. The market is estimated to grow at CAGR of 10.1% 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 10.9% 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 same segment is estimated to register the highest CAGR of 10.3% 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 same segment is estimated to register the highest CAGR of 10.3% 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 11.1% in the market during the forecast period.
Major Sources and Companies Listed
Some of the major primary and secondary sources for North America syringe market included in the report are, The World Health Organization (WHO), Food and Drug Administration (FDA), United States Nations Department of Economic and Social Affairs, American Society of Plastic Surgeons , U.S. Department of Health and Human Services , Arthritis Foundation , and American Diabetes Association among others.
Reasons to buy the report
North America Syringe Market –
By Syringes Type
By End User
Company Profiles
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 4,427.49 Million |
| Market Size by 2027 | US$ 9,612.96 Million |
| CAGR (2020 - 2027) | 10.1% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Syringe Type
|
| Regions and Countries Covered |
North America
|
| Market leaders and key company profiles |
|
The North America Syringe Market is valued at US$ 4,427.49 Million in 2019, it is projected to reach US$ 9,612.96 Million by 2027.
As per our report North America Syringe Market, the market size is valued at US$ 4,427.49 Million in 2019, projecting it to reach US$ 9,612.96 Million by 2027. This translates to a CAGR of approximately 10.1% during the forecast period.
The North America Syringe Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Syringe Market report:
The North America Syringe Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Syringe Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Syringe Market value chain can benefit from the information contained in a comprehensive market report.
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