- Press Release -

Syringes Market to Reach US$ 16.5 Bn by 2022 at 7.8% CAGR, Fact.MR Report

30 Nov -0001

  • The global syringes market is set to grow from over US$ 11.3 Bn in 2017 to US$ 16.5 Bn by 2022 at a 7.8% CAGR.
  • Asia Pacific excluding Japan grows fastest, heading past US$ 5.7 Bn by 2022, with North America at an 8.5% CAGR.
  • Specialized syringes lead by type, at close to 30% of value, ahead of general syringes.
  • Disposable syringes make up over 80% of sales, while reusable grows steadily at 6%.
  • Hospitals are the leading end user, at over two-thirds of volume.
  • Polymer syringes account for 99.4% of revenue through 2022.
  • Europe reaches over US$ 4 Bn by 2022, while Japan grows slowly at 4.3%.
  • Rising invasive procedures and demand for multifunctional syringes are the principal growth drivers.

Rockville, Md. The global syringes market is set to grow from more than US$ 11.3 Bn in 2017 to US$ 16.5 Bn by 2022, a 7.8% CAGR that Fact.MR ties to the continued reliance on invasive procedures across healthcare. As surgical and medical techniques grow more complex, demand for multifunctional and specialized syringes is reshaping the product mix.

Disposable products dominate on volume, hospitals account for most use, and polymer construction covers almost all revenue. Asia Pacific excluding Japan leads on growth, while North America remains a large and fast-expanding market.

Types, Formats and Settings

Specialized syringes are pulling ahead of general ones as procedures become more intricate, taking a little under 30% of market value, while general syringes still bring in over US$ 3.5 Bn by 2022. Disposables account for more than 80% of sales, though reusable syringes hold their place with steady 6% growth. Hospitals are the leading end user at over two-thirds of volume, and polymer syringes make up 99.4% of revenue through the forecast period.

Asia Pacific excluding Japan grows fastest and is set to pass US$ 5.7 Bn by 2022. North America brings in more than US$ 2.5 Bn in 2017 and expands at an 8.5% CAGR on healthcare reform, Europe reaches over US$ 4 Bn by 2022, and Japan trails at 4.3%.

Procedure Volume Drives Demand

The market rests on a simple reality: more procedures mean more syringes. Rising surgical activity, combined with a shift toward multifunctional designs, keeps both volume and value climbing, and manufacturers are leaning into specialized and polymer products to capture the higher-value end of demand.

Suppliers and Their Playbook

The field brings together large medical device and glass or polymer specialists.

  • Becton, Dickinson and Company, B. Braun Melsungen AG, Gerresheimer AG, Hindustan Syringes & Medical Devices Limited, Terumo Corporation, Nipro Corporation, Schott AG, Medtronic PLC, Smiths Group plc., and Codan Medizinische Geräte GmbH & Co Kg are among the key players in the report.

Reading the Market for Decisions

For manufacturers, growth favours specialized, polymer and disposable products. Investors get a market with dependable, procedure-led demand and a healthy CAGR. Procurement teams can plan around hospitals leading use, disposables carrying volume, and Asia Pacific offering the strongest regional prospects through 2022.

About the Report

Fact.MR's study covers the global syringes market for the 2017 to 2022 forecast period, with segmentation by type, usability, material, end user and region. It sizes each segment, maps the competitive field, and weighs the clinical forces shaping demand. Further detail is available in the syringes market report.

About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. The firm is known for its syndicated research, custom research and consulting solutions, helping clients make decisions on demand, competition, investment, procurement and future growth.

Syringes Market

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About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. We are known for our syndicated research, custom research, and consulting solutions.