Micro Syringes Industry - Regional Synopsis
North American Market Forecast
North America industry is estimated to hold largest revenue share of 35% by 2037. 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 2037. 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.
