Syringes Market to Grow with a CAGR of 5.68% through 2030
Surge in research and development activities is
expected to drive the Global Syringes Market growth in the forecast period, 2026-2030.
According to TechSci Research report, “Syringes Market
- Global Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2030F”, the Global Syringes Market stood at USD 15.02
Billion in 2024 and is anticipated to grow with a CAGR of 5.68% through 2030. Initiatives
taken by government based on syringes has led to favorable market conditions
for the Global Syringes Market. Several factors contribute to the growth of
various syringes products.
One of the most notable outcomes of this R&D surge
is the advancement of prefilled syringes, which are gaining popularity due to
their ability to reduce dosing errors, minimize contamination risks, and
improve workflow efficiency in clinical settings. Pharmaceutical companies are
actively developing drug formulations compatible with prefilled systems, particularly
for biologics, vaccines, and specialty therapies. This trend is reshaping the
injectable drug delivery landscape and boosting demand for high-quality,
ready-to-use syringes.
One of the most prominent government-led initiatives has been the large-scale procurement and distribution of syringes as part of national immunization programs. In response to both routine vaccination drives and emergency health situations such as the COVID-19 pandemic governments have significantly increased their investment in syringes to facilitate mass inoculation campaigns. This has led to greater demand for high-quality, auto-disable, and prefilled syringes, which help prevent reuse and reduce the risk of infection.
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The Global Syringes Market is segmented into material,
end use, regional distribution, and company.
Based on Material, Glass emerged as
the dominating segment in the Global Syringes Market in 2024. This is due to
its long-standing reliability, superior chemical stability, and compatibility
with a wide range of pharmaceutical formulations. Glass syringes are
particularly favored in the administration of high-value biologics, vaccines,
and sensitive injectable drugs, as the material offers excellent barrier
properties and is inert to most drug compounds. This minimizes the risk of drug
interaction, contamination, or degradation making glass the preferred choice
for drugs that demand high purity and precision.
Based on Region, Asia Pacific have emerged as the fastest
growing region in the Global Syringes Market in 2024. This is due to a
combination of expanding healthcare infrastructure, rising disease prevalence,
and increasing government initiatives focused on immunization and public
health. The region’s large and aging population, particularly in countries like
China, India, and Indonesia, has led to a substantial rise in the demand for syringes
across hospitals, clinics, and community health programs.
Major companies operating in Global Syringes Market
are:
- Becton, Dickinson, and Company
- Terumo Corporation
- Medtronic plc
- B. Braun Medical Inc.
- Nipro Corporation
- Hindustan Syringes & Medical Devices Ltd.
- Gerresheimer AG
- SCHOTT AG
- CODAN Medizinische Geräte GmbH
- Baxter Healthcare Corporation
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“One of the key applications of nanotechnology in
syringes lies in nano-enhanced coatings for needles and syringe barrels. These
coatings reduce friction during injections, minimize patient discomfort, and
improve the overall user experience especially important for patients requiring
frequent self-injections, such as those with diabetes or autoimmune disorders.
Additionally, antimicrobial nanocoatings are being explored to reduce the risk
of infection at the injection site, contributing to better patient outcomes and
higher safety standards”, said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based management consulting firm.
“Syringes Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Material (Plastic, Glass), By End Use (Hospitals & Clinics, Blood Collection Centers, Ambulatory Care Centers, Others), By Region and Competition, 2020-2030F”, has evaluated
the future growth potential of Global Syringes Market and provides statistics
& information on market size, structure, and future market growth. The
report intends to provide cutting-edge market intelligence and help decision
makers take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in Global Syringes Market.
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