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United States Syringes Market, By Material (Glass Syringes, Plastic Syringes); By Syringe Type (Disposable Syringes, Reusable Syringe); By Capacity (Small Volume (1–10 ml) Syringes, Medium Volume (11–20 ml) Syringes, Large Volume (Above 20ml) Syringes);

Publisher BlueWeave Consulting
Published Oct 05, 2024
Length 140 Pages
SKU # BLWC19296743

Description

United States Syringes Market, By Material (Glass Syringes, Plastic Syringes); By Syringe Type (Disposable Syringes, Reusable Syringe); By Capacity (Small Volume (1–10 ml) Syringes, Medium Volume (11–20 ml) Syringes, Large Volume (Above 20ml) Syringes); By End Use (Hospitals, Research Laboratories, Drug Manufacturing, Clinical Research), Trend Analysis, Competitive Landscape & Forecast, 2019–2030


United States Syringes Market Size to Grow at 5.6% CAGR to Touch Healthy Value of USD 3.75 Billion by 2030

United States Syringes Market is thriving due to a rising demand for vaccinations, increasing chronic diseases, advancements in syringe technology, growing healthcare infrastructure, and the expanding use of disposable syringes.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated United States Syringes Market size by value at USD 2.55 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects United States Syringes Market size to expand at a CAGR of 5.6% reaching a value of USD 3.75 billion by 2030. United States Syringes Market is driven by the increasing prevalence of chronic diseases like diabetes, rising demand for vaccination programs, and advancements in syringe technology. The growing focus on infection prevention has boosted the use of disposable and safe syringes. Additionally, government initiatives promoting healthcare access, an aging population with higher healthcare needs, and rising demand for minimally invasive procedures contribute to market growth. The expansion of the biotechnology and pharmaceutical industries further fuels syringe demand in drug administration.

Opportunity – Rising Prevalence of Chronic Diseases

Increasing prevalence of chronic diseases, such as diabetes, cardiovascular conditions, and cancer, is significantly boosting the demand for syringes in United States. These conditions require frequent administration of medications and treatments, including insulin, chemotherapy, and other injectable therapies. With the growing aging population and sedentary lifestyles contributing to a surge in chronic illness rates, the need for syringes in hospitals, clinics, and home care settings is rising, driving United States Syringes Market.

Impact of Escalating Geopolitical Tensions on United States Syringes Market

Escalating geopolitical tensions could disrupt United States Syringes Market by affecting global supply chains, increasing costs of raw materials, and causing delays in the import of components like needles and barrels. Trade restrictions or tariffs could further raise production costs, while strained diplomatic relations may impact collaborations with international manufacturers. Additionally, heightened tensions might redirect government spending towards defense, potentially limiting investment in healthcare infrastructure, including syringe manufacturing and distribution, hindering market growth.

Small Volume Capacity Syringes Hold Largest Market Share

The small volume (1–10 ml) syringes segment accounts for the largest share of United States Syringes Market by capacity. The segment’s dominance is driven by their widespread use in various medical applications, including vaccinations, insulin administration, and other therapeutic injections. The growing prevalence of chronic diseases like diabetes, which require regular administration of small-dose medications, further fuels demand. Additionally, the frequent need for vaccinations and the adoption of disposable syringes for infection control contribute to the segment's significant market position.

Competitive Landscape

United States Syringes Market is fiercely competitive, with numerous companies vying for a larger market share. Major companies in the market include BD (Becton, Dickinson and Company), Terumo Corporation, Nipro Corporation, AbbVie, Novo Nordisk, Eli Lilly and Company, Medtronic, Hospira, and Fresenius Kabi. These companies use various strategies, including increasing investments in their R&D activities, mergers and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in United States Syringes Market.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of United States Syringes Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in United States Syringes Market and industry insights to help decision-makers make sound strategic decisions. Further, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Table of Contents

140 Pages
1. Research Framework
1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation
2. Executive Summary
3. United States Syringes Market Insights
3.1. Industry Value Chain Analysis
3.2. DROC Analysis
3.2.1. Growth Drivers
3.2.1.1. Increasing Healthcare Spending
3.2.1.2. Growing Healthcare Infrastructure
3.2.1.3. Advancements in Medical Procedures
3.2.2. Restraints
3.2.2.1. Regulatory Restrictions
3.2.2.2. Concerns over Needle-Stick Injuries
3.2.3. Opportunities
3.2.3.1. Rising Prevalence of Chronic Diseases
3.2.3.2. Increasing Awareness of Healthcare
3.2.4. Challenges
3.2.4.1. Competition from Alternative Delivery Methods
3.2.4.2. Environmental Concerns
3.3. Technological Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter’s Five Forces Analysis
3.5.1. Bargaining Power of Suppliers
3.5.2. Bargaining Power of Buyers
3.5.3. Threat of New Entrants
3.5.4. Threat of Substitutes
3.5.5. Intensity of Rivalry
4. United States Syringes Market: Marketing Strategies
5. United States Syringes Market Overview: Pricing Analysis
6. United States Syringes Market Overview
6.1. Market Size & Forecast, 2019–2030
6.1.1. By Value (USD Million)
6.2. Market Share & Forecast
6.2.1. By Material
6.2.1.1. Glass Syringes
6.2.1.2. Plastic Syringes
6.2.2. By Syringe Type
6.2.2.1. Disposable Syringes
6.2.2.2. Reusable Syringes
6.2.3. By Capacity
6.2.3.1. Small Volume (1 to 10 ml) Syringes
6.2.3.2. Medium Volume (11 to 20 ml) Syringes
6.2.3.3. Large Volume (above 20ml) Syringes
6.2.4. By End Use
6.2.4.1. Hospitals
6.2.4.2. Research laboratories
6.2.4.3. Drug Manufacturing
6.2.4.4. Clinical Research
7. Competitive Landscape
7.1. List of Key Players and Their Offerings
7.2. United States Syringes Company Market Share Analysis, 2023
7.3. Competitive Benchmarking, By Operating Parameters
7.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
8. Impact of Escalating Geopolitical Tensions on United States Syringes Market
9. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
9.1. BD (Becton, Dickinson and Company)
9.2. Terumo Corporation
9.3. Nipro Corporation
9.4. AbbVie
9.5. Novo Nordisk
9.6. Eli Lilly and Company
9.7. Medtronic
9.8. Hospira
9.9. Fresenius Kabi
9.10. Other Prominent Players
10. Key Strategic Recommendations
11. Research Methodology
11.1. Qualitative Research
11.1.1. Primary & Secondary Research
11.2. Quantitative Research
11.3. Market Breakdown & Data Triangulation
11.3.1. Secondary Research
11.3.2. Primary Research
11.4. Breakdown of Primary Research Respondents, By Region
11.5. Assumptions & Limitations
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
List of Figures
Figure 1 United States Syringes Segmentation
Figure 2 United States Syringes Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2023
Figure 4 United States Syringes Market Size, By Value (USD Million), 2019–2030
Figure 5 United States Syringes Market Share, By Material, By Value, 2019–2030
Figure 6 United States Syringes Market Share, By Syringe Types, By Value, 2019–2030
Figure 7 United States Syringes Market Share, By Capacity, By Value, 2019–2030
Figure 8 United States Syringes Market Share, By End Use, By Value, 2019–2030
List of Tables
Table 1 United States Syringes Market Size, By Value (USD Million), 2019–2030
Table 2 United States Syringes Market Size, By Material, By Value, 2019–2030
Table 3 United States Syringes Market Size, By Syringe Types, By Value, 2019–2030
Table 4 United States Syringes Market Size, By Capacity, By Value, 2019–2030
Table 5 United States Syringes Market Size, By End Use, By Value, 2019–2030
Table 6 BD (Becton, Dickinson and Company) Company Overview
Table 7 BD (Becton, Dickinson and Company) Financial Overview
Table 8 Terumo Corporation Company Overview
Table 9 Terumo Corporation Financial Overview
Table 10 Nipro Corporation Company Overview
Table 11 Nipro Corporation Financial Overview
Table 12 AbbVie Company Overview
Table 13 AbbVie Financial Overview
Table 14 Novo Nordisk Company Overview
Table 15 Novo Nordisk Financial Overview
Table 16 Eli Lilly and Company: Company Overview
Table 17 Eli Lilly and Company Financial Overview
Table 18 Medtronic Company Overview
Table 19 Medtronic Financial Overview
Table 20 Hospira Company Overview
Table 21 Hospira Financial Overview
Table 22 Fresenius Kabi Company Overview
Table 23 Fresenius Kabi Financial Overview

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