The global oral syringes market was valued at USD 628.9 million in 2019. The growing prevalence of acute diseases caused due to improper amount of consumption of doses thus the need for accurate consumption of medication has increased are the factors that are propelling the growth of the global oral syringes market.
Adroit Market Research report on global oral syringes market gives a holistic view of the market from 2018 to 2028, which includes factors such as market drivers, restraints, opportunities and challenges. The market has been studied for historic years 2018, with the base year of estimation as 2019 and forecast from 2020 to 2028. The report covers the current status and future traits of the market at global as well as country level. In addition, the study also assesses the market based on Porter's five forces analysis and positions the key players based on their product portfolio, geographic footprint, strategic initiatives and overall revenue. Prominent players operating in the global oral syringes market have been studied in detail.
Children's increased incidence of cancer is projected to boost the demand over the forecast period. Roughly 300,000 children are diagnosed with cancer worldwide, according to the WHO in 2018. Oral syringes should also not be reused in cancer therapy. This is predicted, over the forecast period, to drive market growth. Oral syringes are easy to use and can also be pre-sterilized so that it can be re-used and also helps in reducing the drug losses.
The global oral syringes market has been segmented based on product type, usage, end-users and region. Based on product type, the clear oral syringes segment dominated the market in 2019. Clear syringes aids to better viewing of medication and graduation markings. On the basis of usage, the reusable oral syringes segment dominated the market due to the lack of risk of infections and any transfer of dangerous diseases due to oral route administration. Based on end-users, the hospital segment dominated the market due to the growing worldwide hospitalization rate.
North America dominated the global oral syringes market in 2019. Rapid adoption of technologies in healthcare. The advanced healthcare system and the growing prevalence of chronic diseases in the region. Increase in investments on healthcare and well-established health infrastructure in the country fuels growth. Asia Pacific is expected to be the fastest growing regional market for oral syringes owing to factors such increasing pediatric and geriatric population.
Key players operating in the global oral syringes market include Becton, Dickinson and Company, Braun Melsungen AG, Medtronic, Amcor Limited, Smiths Medical, NIPRO Corporation, Gerresheimer AG, and Terumo Corporation, among others.
Key Segments of the Global Oral Syringes Market
Product Type Overview, 2018-2028 (USD Million)
- Colorful Oral Syringes
- Clear Oral Syringes
Usage Overview, 2018-2028 (USD Million)
- Disposable Oral Syringes
- Reusable Oral Syringes
End-Users Overview, 2018-2028 (USD Million)
- Homecare Settings
Regional Overview, 2018-2028 (USD Million)
- North America
- United Kingdom
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa