Micro Syringes Market Size & Share, by Type (Auto Samplers, Manual); Needle Type (Fixed, Removable); End-user (Biotechnological Laboratories, Biotechnological & Pharmaceutical, Research Institutes, Hospital) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 3989
  • Published Date: May 23, 2023
  • Report Format: PDF, PPT

 

Global Market Size, Forecast, and Trend Highlights Over 2023 - 2035

Micro Syringes Market size is estimated to surpass USD 700 Million by the end of 2035, growing at a CAGR of 7% during the forecast period i.e., 2023-2035. In the year 2022, the industry size of micro syringes was over USD 300 Million.The uptrend demand for microliter syringes for precise drug delivery will propel the market growth. Micro syringes are used to inject fluids into the patients and draw fluid from their bodies.

Furthermore, with greater emphasis on the bio revolution and the elevated volume of life science research investigations taking place globally, the market for assistive medical tools, including micro syringes is anticipated to expand to back such research and revolution.


Micro Syringes Market
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Micro Syringes Sector: Growth Drivers and Challenges

Growth Drivers

  • Increasing Number of Preclinical, and Clinical Trials – The need to figure out the efficacy of drug discovery and micro syringe treatment is responsible for the surging number of clinical trials. World Health Organization (WHO), has registered 157,618 trials during 1999-2021 in the United States of America.
  • Growing Pharmaceutical & Biopharmaceuticals Industry – Incessant research to develop new drugs and drug delivery systems in the pharmaceutical industry is set to augment the demand for micro syringes in the upcoming years. Micro syringes have shown profound promise in biopharmaceutical, and biomedical applications.
  • Increasing Demand for Minimally Invasive Procedures – The rising popularity of minimally invasive cosmetic surgery procedures worldwide with the astounding surge in the volume of cosmetic and aesthetic treatments via injection will impel the micro syringes market revenue.
  • Scaling Up Doses of Vaccination – Expanding vaccine industry and the rising focus of governments to act on immunization plans is driving the demand of micro syringes. About 16 billion vaccine doses were supplied globally in 2021, ~3 times the 2019 market volume.

Challenges

  • Dearth of Skilled Professionals – Micro syringes are generally utilized by patients who have received special training as they cannot be easily used. Hence, the lack of trained personnel who monitor on correct injection method, safe needle disposal, and other issues are hindering the penetration of such syringes for mass utilization.
  • Stringent guidelines for the use of safety-engineered syringes
  • High cost of production

Micro Syringes Market: Key Insights

Base Year

2022

Forecast Year

2023-2035

CAGR

~ 7%

Base Year Market Size (2022)

~ USD 300 Million

Forecast Year Market Size (2035)

~ USD 700 Million

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Micro Syringes Segmentation

Needle Type (Fixed, Removable)

The removable sub-segment in the needle type segment is predicted to dominate over 65% market share by the end of 2035. Removable needles are reusable in nature and it is available in different sizes. They are also available in different customizations and different point styles. Owing to all such qualities, they are widely preferred by inexperienced users.

End-User (Biotechnological Laboratories, Biotechnological & Pharmaceutical Industry, Research Institutes, Hospitals)

The laboratories segment with a share of 35% is poised to lead the market of micro syringes by 2035. This is attributed to the increasing laboratory research activities throughout the globe and the increasing usage of micro syringes in laboratories for drawing up and expelling liquids or suspensions facilitating such research works.

Our in-depth analysis of the global market includes the following segments:

   Type

  • Auto Samplers
  • Manual
  • Others

   Needle Type

  • Fixed
  • Removable

   End User

  • Laboratories
  • Biotechnological & Pharmaceutical Industry
  • Research Institutes
  • Hospital
  • Others

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Micro Syringes Industry - Regional Synopsis

North American Market Forecast

The market share of micro syringes in North America is estimated to surpass 35% till 2035. United States with the largest national pharmaceutical market with almost 41% of total global pharmaceutical spending in 2021 is responsible for the fast pace growth of the market in the region.

The increasing collaboration activities between pharma companies and research institutes for the development of novel drugs will also boost the market expansion. The rising investments in R&D in the analytical techniques for the accurate detection of proteins are also responsible for the growing demand for micro syringes in the pharmaceutical sector.

Europe Market Forecast

Europe micro syringes market will be the second largest, registering a share of about 25% by the end of 2035. The advancement in the healthcare and biomedical research sector in the region is boosting the adoption of several advanced technologies in analytical chemistry.

One such technique is the chromatography technique where the micro syringes function primarily as a pipette or liquid-transfer device that loads a sample loop in high-pressure liquid chromatography (HPLC). It analyzes complex biological fluids like blood, plasma, and serum, aiding the development of targeted precision medicines.

Research Nester
Micro Syringes Market Share
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Companies Dominating the Micro Syringes Landscape

top-features-companies
    • Trajan Scientific and Medical
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    •  Thermo Fisher Scientific Inc.
    • Innovative Labor Systeme GmbH (ILS)
    • GL Science, Inc.
    • PerkinElmer, Inc.
    • Agilent Technologies, Inc.
    • Shimadzu Corporation
    • Avantor, Inc.
    • ITO Corporation
    • Merck KGaA

In the News

  • Trajan Scientific and Medical completed the acquisition of Neoteryx LLC, a leader in blood micro-sampling devices. This acquisition will drive the global commercialization and adoption of micro-sampling at a large scale for Trajan.
  • Thermo Fisher Scientific Inc. acquired the leading global provider of clinical research services, PPD, Inc. for USD 17.4 billion.

Author Credits:  Radhika Gupta, Shivam Bhutani


  • Report ID: 3989
  • Published Date: May 23, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The increasing volume of clinical trials and preclinical trials with growing research studies & development in healthcare, pharmaceutical, life science, and several other fields is estimated to boost the market growth.

The market size of micro syringes is anticipated to attain a CAGR of ~7% over the forecast period, i.e., 2023-2035.

High production costs of micro syringes are estimated to be the growth hindering factors for the market expansion.

The North American market in the region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are Trajan Scientific and Medical, Agilent Technologies, Inc., Shimadzu Corporation, Avantor, Inc., ITO Corporation, Merck KGaA, and Thermo Fisher Scientific Inc.

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company

The market is segmented by type, needle type, end-user, and by region.

The removable segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
Micro Syringes Market Report Scope
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