Syringes and Needles Market Size, Share, Research & Analysis - PowerPoint PPT Presentation

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Syringes and Needles Market Size, Share, Research & Analysis

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The global syringes and needles market is estimated to garner a revenue of USD 17 billion by the end of 2033 by growing at a CAGR of ~7% over the forecast period, i.e., 2023 – 2033. – PowerPoint PPT presentation

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Title: Syringes and Needles Market Size, Share, Research & Analysis


1
Global Syringes and Needles Market to be
Propelled by Increasing Usage of Injectable
Drugs, and Growing Technological Innovations by
Medical Firms by CAGR of 7 During 2023
2033 Kenneth Research published a report titled
Syringes and Needles Market Global Demand
Analysis Opportunity Outlook 2033 which
delivers detailed overview of the global
syringes and needles market in terms of market
segmentation by end user, application, type and
by region. Further, for the in-depth analysis,
the report encompasses the industry growth
indicators, restraints, supply and demand risk,
along with detailed discussion on current and
future market trends that are associated with the
growth of the market.
The global syringes and needles market is
expected to grow at 7 CAGR over the forecast
period, i.e., 2023-2033. The market is segmented
by application into syringes (Insulin
administration, Botox, Osteoarthritis, Human
Growth Hormone and others, and needles (blood
collection, ophthalmic procedures, dental, and
others). Out of these, insulin administration is
expected to hold the largest share over the
forecast period in
2
the global syringes and needles market. This can
be attributed to the growing need of insulin
globally owing to the incidence of
diabetes. Increasing usage of injectable drugs,
growing technological innovations by medical
firms, growing adoption of strategies by key
market players. Moreover, a surge in geriatric
population is further anticipated to increase the
growth of the global syringes and needles
market. For more informations_at_https//www.kenneth
research.com/report-details/syringes-
and-needles-market/10080068 Geographically, the
global syringes and needles market is segmented
into five major regions including North America,
Europe, Asia Pacific, Latin America and Middle
East Africa region. Out of them, the market in
the North America region is projected to hold
the largest market share by the end of 2033. This
can be attributed to the rise in incidence of
heart conditions and diabetes. The research is
global in nature and covers detailed analysis on
the market in North America (U.S., Canada),
Europe (U.K., Germany, France, Italy, Spain,
Hungary, Belgium, Netherlands Luxembourg,
NORDIC Finland, Sweden, Norway, Denmark,
Poland, Turkey, Russia, Rest of Europe), Latin
America (Brazil, Mexico, Argentina, Rest of
Latin America), Asia-Pacific (China, India,
Japan, South Korea, Indonesia, Singapore,
Malaysia, Australia, New Zealand, Rest of
Asia-Pacific), Middle East and Africa (Israel,
GCC Saudi Arabia, UAE, Bahrain, Kuwait, Qatar,
Oman, North Africa, South Africa, Rest of
Middle East and Africa). In addition, analysis
comprising market size, Y-O-Y growth
opportunity analysis, market players competitive
study, investment opportunities, demand for
future outlook etc. has also been covered and
displayed in the research report. Surge in
Geriatric Population to Boost the Market
Growth According to the World Health Organization
the number of persons aged 80 years or older is
expected to triple between 2020 and 2050 to reach
426 million.
3
There has been a rising need for syringes and
needles across the globe owing to growing
geriatric population and prevalence of medical
conditions such as diabetes. However, increasing
risk of needle-stick injuries followed by rising
risks of infection, and surge in number of
alternative drug delivery methods are the
challenges affecting the market growth are
expected to operate as key restraint to the
growth of global syringes and needles market
over the forecast period. This report also
provides the existing competitive scenario of
some of the key players of the global syringes
and needles market which includes company
profiling of Becton, Dickinson and Company,
Terumo Corporation, Medtronic plc, Smiths
Medical, Inc., B. Braun Medical Inc., NIPRO
Corporation, Hindustan Syringes Medical Devices
Ltd, Gerresheimer AG, SCHOTT AG, CODAN (CODAN
Medizinische Geräte GmbH Co KG), and others.
The profiling enfolds key information of the
companies which encompasses business overview,
products and services, key financials and recent
news and developments. On the whole, the report
depicts detailed overview of the global syringes
and needles market that will help industry
consultants, equipment manufacturers, existing
players searching for expansion opportunities,
new players searching possibilities and other
stakeholders to align their market centric
strategies according to the ongoing and expected
trends in the future. Request Report Sample_at_
https//www.kennethresearch.com/sample-request-
10080068 Kenneth Research is a leading service
provider for strategic market research and
consulting. We aim to provide unbiased,
unparalleled market insights and industry
analysis to help industries, conglomerates and
executives to take wise decisions for their
future marketing strategy, expansion and
investment etc. We believe every business can
expand to its new horizon, provided a right
guidance at a right time is available through
strategic minds. Our out of box thinking helps
our clients to take wise decision in order to
avoid future uncertainties. Contact for more
Info
4
AJ Daniel Email sales_at_kennethresearch.com U.S.
Phone 1 313 462 0609
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