The 2022 global market size for oral syringes reached USD 1.89 billion, with an anticipated rapid revenue compound annual growth rate (CAGR) of 5% throughout the forecast period. The escalating demand for oral syringes in the healthcare sector is primarily attributed to the growing incidence of chronic diseases such as diabetes, cancer, and cardiovascular disorders, fostering substantial growth in market revenue. Oral syringes play a crucial role in dispensing suspensions and liquid solutions, facilitating the administration of medications available in various forms like tablets, capsules, or liquids, thereby delivering them orally to patients. The prevalence of diabetes worldwide among individuals aged 18 and above was 8.5% in 2019, and the World Health Organization (WHO) projects a rise to 9.3% by 2030. This surge in prevalence underscores the increasing use of oral syringes, particularly in administering insulin.
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Market Overview:
The global oral syringes market is categorized by product type, with segments including non-luer lock syringes, luer lock syringes, catheter tip syringes, and others. In 2022, the non-luer lock syringes segment dominated the market in terms of revenue share, primarily attributed to the growing adoption of these syringes. The simplicity of use and precise measurement capabilities make non-luer lock syringes particularly favored for administering small doses of medication, especially in the case of elderly and pediatric patients.
Anticipated to exhibit a consistently rapid revenue growth rate throughout the forecast period, the luer lock syringes segment is poised for expansion. This projection is rooted in the widespread utilization of luer lock syringes in healthcare settings, where they serve various functions such as drug administration and blood drawing. The threaded tips of luer lock syringes securely attach the needle to the syringe, reducing the risk of detachment during use. Moreover, these syringes are renowned for their reliability and minimal likelihood of leakage compared to other syringe types.
Key Players covered in this report are
- Baxter International Inc.
- Becton, Dickinson and Company (BD)
- Gerresheimer AG
- Nipro Corporation
- OPM Plastic Industries SDN BHD
- Polymed Medical Devices
- Rusch (Teleflex Medical)
- Shanghai Kindly Enterprise Development Group Co. Ltd.
- Weigao Group Co. Ltd.
- Wilco AG
Based on Product Type market is segmented into:
- Non-Luer Lock Syringes
- Luer Lock Syringes
- Catheter Tip Syringes
- Others
Based on Application market is segmented into:
- Hospitals
- Clinics
- Home Care Settings
- Others
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Based on Region market is segmented into:
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Major Points covered in this report are as below:
- An analysis of Oral Syringes industry development trends and marketing channels, as well as an assessment of the feasibility of new investment projects, is presented in the study.
- In addition to providing key statistics on the industry, the report provides valuable guidance and direction for companies and individuals interested in this market through tables and figures.
- In addition to developing policies and plans, this report analyzes manufacturing processes and cost structures. It also provides information about import/export demand, costs, prices, revenues, and gross margins.
- This report provides information on the market status of Oral Syringes manufacturers and provides valuable insight into the market for companies and individuals.
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