Syringes and Cannulas Market Revenue was valued at USD 5.4 Billion in 2024 and is estimated to reach USD 9.1 Billion by 2033, growing at a CAGR of 6.1% from 2026 to 2033.
In 2022, the global syringes and cannulas market was valued at USD 19.1 billion, with syringes accounting for approximately 93.4% of this figure. The market is projected to grow at a compound annual growth rate (CAGR) of 3.6%, reaching USD 27.2 billion by 2032. North America held a significant share, contributing around 33.2% to the global market in 2021. Within this region, the United States is anticipated to experience a steady CAGR of 3.0% from 2022 to 2032. In the Middle East and North Africa (MENA) region, the market is expected to expand from USD 1.59 billion in 2024 to USD 2.82 billion by 2034, reflecting a robust CAGR of 5.9%. citeturn0search0turn0search1 East Asia is poised for notable growth, with a projected CAGR of 6.7% between 2022 and 2032. China, in particular, recorded a CAGR of 6.7% in 2022, driven by the production of cost effective syringes for both domestic and international markets. In South Asia, India is emerging as a lucrative market, expected to account for over 35% of the regions syringes industry during the forecast period, with a predicted CAGR of 10.5%. Factors such as a rapidly growing population, increased health awareness, and government vaccination initiatives are contributing to this growth.
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BD
Medtronic
B. Braun Melsungen
Edwards Lifesciences
Terumo
Smiths Group
Novo Nordisk
Arab Medical Equipment
Abu Dhabi Medical Devices
Hindustan Syringes & Medical Devices
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Syringes and Cannulas Market
Syringes
Cannulas
Plastic
Glass
Metal
Disposable
Reusable
Intravenous Therapy
Drug Administration
Vaccination
Blood Collection
Dialysis
Hospitals
Clinics
Ambulatory Surgical Centers
Diagnostic Laboratories
Homecare Settings
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Syringes and Cannulas Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Syringes and Cannulas Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Syringes and Cannulas Market, By Type
6. Global Syringes and Cannulas Market, By Application
7. Global Syringes and Cannulas Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Syringes and Cannulas Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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