Global Syringes Market: by Manufacturers, Types, Regions and Application Research Report Forecast to 2022

Dublin 2, Ireland, 2018-Apr-17 — /EPR Network/ — The global market discussion on syringes industry can be found in the latest study by Fact.MR, which has been freshly added to its massive collection of research database. The report is titled “Syringes Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. Apart from that, the research majorly focuses on syringes market’s competitive outlook by profiling major players functioning across the globe. As the report moves ahead, information regarding the prominent trends as well as opportunities in the key geographical segments have also been elaborated, thus enabling companies to be able to make region-specific strategies for gaining competitive lead. Some of the prime regions emphasized in the study include key regions.

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Going forward, a majority of medical procedures in the global healthcare industry will be performed through invasive techniques. The demand for syringes will continue to prevail in the years to come, urging syringe manufacturers remain optimistic. Pivotal importance of syringes as a product in the surgicals industries is expected to remain intact. Fact.MR projects that in 2017, more than US$ 11.3 Bn will be spend by patients, hospitals and other end-users for buying syringes.

In addition to this, rising demand for multifunctional syringes will also shape the dynamics of global syringes market in the future. By the end of 2022, the global market for syringes will have expanded at a robust CAGR of 7.8%, recording an estimated revenues of US$ 16.5 Bn. Following insights are excerpted from this report, which offers key projections on the growth of global syringes market during 2017-2022.

1. Firstly, the report highlights that North America and the Asia-Pacific excluding Japan (APEJ) regions will be at the forefront of global syringes market expansion. The APEJ syringes market will witness highest growth, bringing in revenues over US$ 5.7 Bn by 2022-end.

2. Active reforms in the healthcare infrastructure across the US and Canada are likely to remain profitable for syringes market. In 2017, more than US$ 2.5 Bn worth of syringes will be sold in North America, which will soar vigorously through the forecast period to reflect 8.5% CAGR.

3. Japan, on the other hand, is expected to showcase a sluggish revenue growth for its syringes market, exhibiting a CAGR of 4.3%. The report also projects that Europe’s syringe sales will rise steadily, raking over US$ 4 Bn by the end of 2022.

Disposable Plastic Syringes to Gain Traction

Key findings from the report also reveal that more than 99% of the global syringe sales will be accounted by plastic as raw material. Polymer syringes will continue to gain surplus demand, compared to glass syringes, indicating a clear-cut preference for surgical instrument manufacturers. The report also projects a significant rise in demand for disposable syringes. According to the report, more than 80% revenues procured in the global market will come from sales of disposable syringes. Higher health risks of reusing syringes is also attesting this projection, inferring a relatively sluggish growth in global sales of reusable syringes during the forecast period.

The report also projects that hospitals will be observed as the largest end-users of syringes. While hospitals will certainly dominate over diagnostic centers, considering their treatment capacities, the report expects that over 66% of revenues amassed in the global syringe market will be accounted by hospitals. The report also projects that blood collection centers will contribute to more than US$ 1.8 Bn revenues by the end of the forecast period. Diabetic care centers are also expected to remain an attractive segment in terms of end-use. By the end of 2022, close to US$ 800 Mn worth of syringes will be sold through diabetic care centers in the world.

Competition Tracking

The report has also profiled leading players in the global market for syringes, which include companies such as B. Braun Melsungen AG, Becton, Dickinson and Company, Gerresheimer AG, Terumo Corporation, Hindustan Syringes & Medical Devices Limited, Nipro Corporation, Medtronic PLC, Schott AG, Codan Medizinische Geräte GmbH & Co Kg, and Schott AG.

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Table of Content:

Chapter 1 Global Syringes Market – Executive Summary 27

Chapter 2 Global Syringes Market Overview 29
2.1 Introduction 29
2.1.1 Global Syringes Market Taxonomy 29
2.1.2 Global Syringes Market Definition 29
2.2 Global Syringes Market Size (US$ Mn) and Forecast, 2012-2022 29
2.2.1 Global Syringes Market Y-o-Y Growth 29
2.3 Global Syringes Market Dynamics 30
2.3.1 Drivers 30
2.3.2 Restraints 30
2.3.3 Trends 30
2.4 Supply Chain 31
2.5 Cost Structure 31
2.6 Pricing Analysis 31
2.7 Raw Material Sourcing Strategy and Analysis 31
2.8 List of Distributors 31
2.9 Key Participants Market Presence (Intensity Map) By Region 32

Chapter 3 Global Syringes Market Analysis and Forecast By Product Type 33
3.1 Global Syringes Market Size and Forecast By Product Type, 2012-2022 33
3.1.1 General Syringes Market Size and Forecast, 2012-2022 33
3.1.1.1 Revenue (US$ Mn) Comparison, By Region 33
3.1.1.2 Market Share Comparison, By Region 34
3.1.1.3 Y-o-Y growth Comparison, By Region 35
3.1.2 Specialized Syringes Market Size and Forecast, 2012-2022 36
3.1.2.1 Revenue (US$ Mn) Comparison, By Region 36
3.1.2.2 Market Share Comparison, By Region 37
3.1.2.3 Y-o-Y growth Comparison, By Region 38

Continued….

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized  Healthcare market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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