Global Syringe Market

May 2020| VMR2158A| Verified Market Research

Report Highlights

Syringe Market Size And Forecast

According to Verified Market Research, Global Syringe Market was valued at USD 11.5 Billion in 2018 and is projected to reach USD 20.2 Billion by 2026, growing at a CAGR of 7.3% from 2019 to 2026.

Global Syringe Market Outlook

The key factors such as the growing prevalence of chronic diseases such as diabetes, rise in the demand for pre-filled syringes, and increase in the usage of Botox for therapeutic applications are expected to fuel the growth of the syringe market. Besides, the increased adoption of injectable drugs, technological advancements in syringes, an increase in the geriatric population, a growing number of vaccination and immunization programs are the factors further expected to propel the market growth. On the contrary, high costs associated with safety syringes, and disposable syringes and a rise in the incidence of needle-stick injuries are the key factors that might hamper the market growth. 

Global Syringe Market Competitive Landscape 

The Global Syringe Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Becton, Dickinson and Company, B. Braun Melsungen AG, Hindustan Syringes & Medical Devices Limited, Smiths Medical, Terumo Corporation, Schott AG, Medtronic PLC, Codan Medizinische Gerte GmbH & Co Kg, Nipro Corporation, and Gerresheimer AG.

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