Market Size of Europe Syringe Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 4.92 Billion |
Market Size (2029) | USD 7.10 Billion |
CAGR (2024 - 2029) | 7.63 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Europe Syringe Market Analysis
The Europe Syringe Market size is estimated at USD 4.92 billion in 2024, and is expected to reach USD 7.10 billion by 2029, growing at a CAGR of 7.63% during the forecast period (2024-2029).
The European syringe market is anticipated to grow with the rising burden of chronic diseases and infectious diseases, increasing mass vaccination programs, the trend of self-administration of injections, and greater dose precision in injections. Over the past decade, there has been a rise in the prevalence of several chronic diseases that need medical interventions and medications that utilize syringes. Some of the major chronic diseases include cancer, kidney failure, diabetes, and heart disease, among others, which are prevalent within the European region.
For instance, according to the International Diabetes Federation 2024 update, diabetes cases in France are expected to increase to 4.1 million in 2030 and 4.2 million in 2045. The increasing prevalence and progression of diabetes cases have prompted the utilization of syringes, thus driving market growth. Further, the high number of chronic diseases like diabetes eventually requires an infusion of therapeutic drugs using syringes to manage the disease, which is expected to drive the market’s growth during the forecast period.
Furthermore, the occurrence of various conferences and events discussing innovations in the field of syringes is expected to drive market growth in the region. For instance, in October 2023, the Annual Innovative Pre-filled Syringes and Injection Devices Conference was held in Berlin, Germany. The conference discussed the upcoming regulations, standards, and emerging advances in the combination of product drug delivery, research perspectives, and innovative ideas from pharma, medical device developers, and manufacturers. Hence, such advanced conferences and events are expected to have a notable impact on the market’s growth in the region.
Therefore, owing to the high prevalence of chronic diseases and the emergence of innovative conferences, the market studied is anticipated to grow over the analysis period. However, the high number of needle-stick injuries, the high cost of safety syringes, and the alternate drug delivery methods are likely to impede the market’s growth.
Europe Syringe Industry Segmentation
As per the scope of the report, the syringe is a device used by medical professionals to transfer liquids into or out of the body. It is made up of a hollow needle, which is attached to a tube and a plunger.
The European syringe market is segmented by usability, material, type, application, and geography. By usability, the market is segmented into sterilizable/reusable syringes and disposable syringes. By material, the market is segmented into glass and plastic. By type, the market is segmented into general and specialized syringes. By application, the market is segmented into diabetes, botox, osteoarthritis, human growth hormone, and other applications. By geography, the market is segmented into Germany, the United Kingdom, France, Italy, Spain, and the Rest of Europe. The report offers the value (USD) for the above segments.
By Usability | |||||
Sterilizable/Reusable Syringes | |||||
|
By Material | |
Glass | |
Plastic |
By Type | |
General | |
Specialized Syringes |
By Application | |
Diabetes | |
Botox | |
Osteoarthritis | |
Human Growth Hormone | |
Other Applications |
By Geography | |
Germany | |
United Kingdom | |
France | |
Italy | |
Spain | |
Rest of Europe |
Europe Syringe Market Size Summary
The European syringe market is poised for significant growth, driven by the increasing prevalence of chronic and infectious diseases, the expansion of mass vaccination programs, and the trend towards self-administration of injections. The rising incidence of conditions such as diabetes, cancer, and heart disease necessitates the use of syringes for medical interventions, thereby propelling market expansion. Additionally, the market is bolstered by advancements in syringe technology and the emergence of innovative conferences that focus on regulatory standards and product development in drug delivery systems. Despite challenges such as needle-stick injuries and the high cost of safety syringes, the market is expected to experience robust growth over the forecast period.
The segment of pre-fillable syringes, which are designed for precise drug delivery with minimal needle exposure, is anticipated to witness notable growth due to technological advancements and increased demand. These syringes are particularly beneficial in reducing medication errors and improving efficiency in healthcare settings. Germany is expected to be a key growth area within the region, driven by its large geriatric population and the high burden of chronic and infectious diseases. Recent developments by market players, such as investments in high-speed filling lines for pre-filled syringes, further support the market's expansion. The European syringe market remains fragmented, with major players engaging in strategic partnerships and collaborations to enhance their product offerings and market presence.
Europe Syringe Market Size - Table of Contents
-
1. MARKET DYNAMICS
-
1.1 Market Overview
-
1.2 Market Drivers
-
1.2.1 Rising Burden of Chronic Diseases and Infectious Diseases
-
1.2.2 Increasing Mass Vaccination Programs
-
1.2.3 Trend of Self-Administration of Injections, and Greater Dose Precision in Injections
-
-
1.3 Market Restraints
-
1.3.1 High Number of Needle-stick Injuries,and High Cost of Safety Syringes
-
1.3.2 Alternate Drug Delivery Methods
-
-
1.4 Porter's Five Forces Analysis
-
1.4.1 Threat of New Entrants
-
1.4.2 Bargaining Power of Buyers/Consumers
-
1.4.3 Bargaining Power of Suppliers
-
1.4.4 Threat of Substitute Products
-
1.4.5 Intensity of Competitive Rivalry
-
-
-
2. MARKET SEGMENTATION (Market Size by Value - USD)
-
2.1 By Usability
-
2.1.1 Sterilizable/Reusable Syringes
-
2.1.2 Disposable Syringes
-
2.1.2.1 Conventional Syringes
-
2.1.2.2 Safety Syringes
-
2.1.2.3 Pre-fillable Syringes
-
-
-
2.2 By Material
-
2.2.1 Glass
-
2.2.2 Plastic
-
-
2.3 By Type
-
2.3.1 General
-
2.3.2 Specialized Syringes
-
-
2.4 By Application
-
2.4.1 Diabetes
-
2.4.2 Botox
-
2.4.3 Osteoarthritis
-
2.4.4 Human Growth Hormone
-
2.4.5 Other Applications
-
-
2.5 By Geography
-
2.5.1 Germany
-
2.5.2 United Kingdom
-
2.5.3 France
-
2.5.4 Italy
-
2.5.5 Spain
-
2.5.6 Rest of Europe
-
-
Europe Syringe Market Size FAQs
How big is the Europe Syringe Market?
The Europe Syringe Market size is expected to reach USD 4.92 billion in 2024 and grow at a CAGR of 7.63% to reach USD 7.10 billion by 2029.
What is the current Europe Syringe Market size?
In 2024, the Europe Syringe Market size is expected to reach USD 4.92 billion.