Global ampoules and syringes market is expected to grow at a compound annual growth rate of 6.43% to reach a market size of US$7.909 billion by 2024 from US$5.441 billion in 2018. Ampoules refer to small vials which are used for storage of medicines or samples in solid or liquid form. Syringes are medical instruments used to inject fluids into and from the body.
The rising number of health issues owing to the unhealthy lifestyle is expected to drive the market for ampoules and syringes. Further, growing geriatric population is also one of the factors fuelling the market. Moreover, the increased adoption of injectable drugs coupled with growing number of vaccinations across the globe is anticipated to boost the market in the coming years. The growing preference for safe transportation of medicines is also a factor propelling the demand for ampoules.
Additionally, technological advancements like advent of smart syringes is expected to widen up the growth opportunities for the market. However, presence of alternatives is anticipated to hamper the market growth. The market has been segmented by product type, size, end user and geography. In the product type segment, the plastic syringes and plastic ampoules are expected grow substantially on account of the wide usage of these ampoules and syringes in hospitals and other medical institutes. Further, in the end user segment, hospitals are projected to hold significant share on account of the rising number of patients leading to growing usage of syringes and ampoules. Geographically, Asia Pacific is projected to grow at a notable rate due to the rising infrastructure activities for hospitals and manufacturing of syringes and ampoules in developing countries like India and China.
DRIVERS
Growing number of chronic diseases
Budding healthcare industry
RESTRAINTS
Availability of substitutes
RECENT DEVELOPMENTS
In December 2018, Terumo Corporation launched PLAJEX pre-fillable Syringes in Europe.
Terumo Corporation announced a capital investment of 7 billion Yen for construction of an additional production facility for pre-filled syringes at the headquarters plant at Terumo Yamaguchi D&D Corporation, a Terumo subsidiary.
The major players profiled in the Ampoules and Syringes market include
Terumo Corporation, B. Braun Melsungen AG, Zeon Corporation, Baxter International Inc., Topas Advanced Polymers Gmbh, Stevanato Group, Schott AG, Becton, Dickinson and Company, West Pharmaceutical Services Inc., Gerresheimer AG, Hindustan Syringes & Medical Devices Ltd., Lifelong Meditech Private Ltd. and NIPRO Corporation among others.
Ampoules And Syringes Market Scope:
Report Metric |
Details |
Market size value in 2018 |
US$5.441 billion |
Market size value in 2024 |
US$7.909 billion |
Growth Rate |
CAGR of 6.43% from 2018 to 2024 |
Base year |
2018 |
Forecast period |
2019–2024 |
Forecast Unit (Value) |
USD Billion |
Segments covered |
Product Type, Size, End User, And Geography |
Regions covered |
North America, South America, Europe, Middle East and Africa, Asia Pacific |
Companies covered |
Terumo Corporation, B. Braun Melsungen AG, Zeon Corporation, Baxter International Inc., Topas Advanced Polymers Gmbh, Stevanato Group, Schott AG, Becton, Dickinson and Company, West Pharmaceutical Services Inc., Gerresheimer AG, Hindustan Syringes & Medical Devices Ltd., Lifelong Meditech Private Ltd., NIPRO Corporation, Global Pharmatech Pvt. Ltd., SGD Pharma |
Customization scope |
Free report customization with purchase |
Segmentation
The Ampoules and Syringes market has been analyzed through the following segments:
By Product Type
Ampoules
Glass Ampoules
Plastic ampoules
Syringes
Glass Syringes
Plastic Syringes
By Size
Ampoules
1-5ml
5-10 ml
Above 10 ml
Syringes
1-10 cc
10-30 cc
30 cc and above
By End User
Hospitals & Clinics
Healthcare Centers
Ambulatory Services
By Geography
North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Spain
Others
Middle East and Africa
Saudi Arabia
Israel
Others
Asia Pacific
China
Japan
South Korea
India
Others
Frequently Asked Questions (FAQs)
Q1. What will be the ampoules and syringes market size by 2024?
A1. The global ampoules and syringes market is expected to reach a total market size of US$7.909 billion in 2024.
Q2. What are the growth prospects for ampoules and syringes market?
A2. The ampoules and syringes market is expected to grow at a compound annual growth rate of 6.43% during the forecast period.
Q3. What is the size of global ampoules and syringes market?
A3. Ampoules and Syringes market was valued at US$5.441 billion in 2018.
Q4. Which region holds the largest market share in the ampoules and syringes market?
A4. Asia Pacific region is expected to hold a significant share in the air filtration market and is one of the fastest-growing regions during the forecast period.
Q5. What factors are anticipated to drive the ampoules and syringes market growth?
A5. The rising number of health issues owing to the unhealthy lifestyle is expected to drive the market for ampoules and syringes.
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. AMPOULES AND SYRINGES MARKET BY PRODUCT TYPE
5.1. Ampoules
5.1.1. Glass Ampoules
5.1.2. Plastic ampoules
5.2. Syringes
5.2.1. Glass Syringes
5.2.2. Plastic Syringes
6. AMPOULES AND SYRINGES MARKET BY SIZE
6.1. Ampoules
6.1.1. 1-5ml
6.1.2. 5-10 ml
6.1.3. Above 10 ml
6.2. Syringes
6.2.1. 1-10 cc
6.2.2. 10-30 cc
6.2.3. 30 cc and above
7. AMPOULES AND SYRINGES BY END USER
7.1. Hospitals & Clinics
7.2. Healthcare Centers
7.3. Ambulatory Services
8. AMPOULES AND SYRINGES MARKET BY GEOGRAPHY
8.1. North America
8.1.1. USA
8.1.2. Canada
8.1.3. Mexico
8.2. South America
8.2.1. Brazil
8.2.2. Argentina
8.2.3. Others
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. United Kingdom
8.3.4. Spain
8.3.5. Others
8.4. Middle East and Africa
8.4.1. Saudi Arabia
8.4.2. Israel
8.4.3. Others
8.5. Asia Pacific
8.5.1. China
8.5.2. Japan
8.5.3. South Korea
8.5.4. India
8.5.5. Others
9. COMPETITIVE INTELLIGENCE
9.1. Competitive Benchmarking and Analysis
9.2. Recent Investments and Deals
9.3. Strategies of Key Players
10. COMPANY PROFILES
10.1. Terumo Corporation
10.2. B. Braun Melsungen AG
10.3. Zeon Corporation
10.4. Baxter International Inc.
10.5. Topas Advanced Polymers Gmbh
10.6. Stevanato Group
10.7. Schott AG
10.8. Becton, Dickinson and Company
10.9. West Pharmaceutical Services Inc.
10.10. Gerresheimer AG
10.11. Hindustan Syringes & Medical Devices Ltd.
10.12. Lifelong Meditech Private Ltd.
10.13. NIPRO Corporation
10.14. Global Pharmatech Pvt. Ltd.
10.15. SGD Pharma
LIST OF FIGURES
LIST OF TABLES
Terumo Corporation
B. Braun Melsungen AG
Zeon Corporation
Baxter International Inc.
Topas Advanced Polymers Gmbh
Stevanato Group
Schott AG
Becton, Dickinson and Company
West Pharmaceutical Services Inc.
Gerresheimer AG
Hindustan Syringes & Medical Devices Ltd.
Lifelong Meditech Private Ltd.
NIPRO Corporation
Global Pharmatech Pvt. Ltd.
SGD Pharma