Germany Syringe Market Size, Share, and COVID-19 Impact Analysis, By Product (General Syringes, Specialized Syringes, and Smart Syringes), By Usage (Reusable Syringes and Disposable Syringes), By End-Use (Hospitals, Blood Collection Centers, Diabetes Care Centers, and Others), and Germany Syringe Market Insights, Industry Trend, Forecasts to 2033

Germany Syringe Market Insights Forecasts to 2033

• The Germany Lubricants Market Size was valued at USD 393.4 Million in 2023.
• The Germany Syringe Market Size is Growing at a CAGR of 3.57% from 2023 to 2033
• The Germany Syringe Market Size is Expected to reach USD 558.5 Million by 2033

The Germany Syringe Market Size is anticipated to Exceed USD 558.5 Million by 2033, Growing at a CAGR of 3.57% from 2023 to 2033. The increasing prevalence of chronic diseases, demand for vaccinations, advancement in medical technology, and emphasis on safe injection practices are driving the syringe market in the Germany.     

Market Overview

Syringe market is the industry that includes the manufacturing, distribution, and consumption of syringes, which are medical devices used for injecting or withdrawing fluids. Syringe, made up of a hollow needle with an attached tube and plunger, is used by medical professionals to transfer liquids into or out of the body. The development of vaccines has led to an increased demand for syringes. Further, the prevalence of chronic and infectious diseases is surging the need for syringes as most of the diagnostic and therapeutic techniques for chronic diseases require syringes. They play a vital role during tests and drug administration. The upsurging need for injectable medications and advancements in healthcare are escalating the market growth opportunity for syringe. The development of advanced safety syringes with retractable needles, the surging demand for prefilled syringes for home healthcare, and the advantage of administrating accurate dosage are all factors escalating the market growth.

Report Coverage

This research report categorizes the market for the Germany syringe market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Germany syringe market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Germany syringe market.

Driving Factors

The increasing prevalence of chronic diseases is driving the demand for syringes, especially prefilled ones for delivering medications like anticoagulants, insulin, and biologics, thereby driving the market demand. In Germany, 46% of the adult population was estimated to have at least one chronic health condition, in which cardiovascular and musculoskeletal conditions are the most frequent. The advancement in medical technology, which led to the innovative syringe designs such as smart syringes is promoting the market. In addition, the integration of safety features such as automatic needle shields is propelling the market. Further, the growing emphasis on safe injection practices, which includes the use of sterile, single-use needles and syringes, proper hand hygiene, and aseptic technique, is driving the market.  

Restraining Factors

The increased cost of syringes, such as retractable safety syringes, leads to its limited adoption, thereby restraining the syringe market. Further, the stringent regulatory requirements and manufacturing complexities are challenging the market growth.

Market Segmentation

The Germany syringe market share is classified into product, usage, and end-use.

• The general syringes segment dominated the market with the largest market share in 2023 and is expected to grow at a significant CAGR during the projected timeframe.

Based on the product, the Germany syringe market is divided into general syringes, specialized syringes, and smart syringes. Among these, the general syringes segment dominated the market with the largest market share in 2023 and is expected to grow at a significant CAGR during the projected timeframe. General purpose syringes are typically disposable, commonly made of polypropylene plastic, and widely used in laboratory and clinical settings. The regular usage of syringes in vaccination and tetanus, along with the growing birth rate in the country, is driving the market.

• The disposable syringes segment accounted for the largest market share in 2023 and is expected to grow at the fastest CAGR during the forecast period.

Based on the usage, the Germany syringe market is divided into reusable syringes and disposable syringes. Among these, the disposable syringes segment accounted for the largest market share in 2023 and is expected to grow at the fastest CAGR during the forecast period. Disposable syringes are single-use primarily produced using plastic and pre-packed in sterile conditions for preventing infection. The increasing use of disposable syringes by doctors to reduce the risk of infections or any harmful diseases is propelling the market.

• The hospitals segment held the largest share of the Germany syringe market in 2023 and is expected to grow at a significant CAGR during the forecast period.

Based on the end-use, the Germany syringe market is divided into hospitals, blood collection centers, diabetes care centers, and others. Among these, the hospitals segment held the largest share of the Germany syringe market in 2023 and is expected to grow at a significant CAGR during the forecast period. The increasing number of patients suffering from chronic diseases, including cancer, diabetes, stroke, and heart disease, is propelling the market demand in the hospitals segment.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Germany syringe market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• BD
• B. Braun Melsungen
• Terumo Europe NV
• Teleflex
• Nipro Europe Group Companies
• ICU Medical, Inc.
• Cardinal Health
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

• In May 2022, Schott, a specialty glass company, announced the inauguration of its new high-end polymer prefillable syringe manufacturing facility in Mülheim, Germany. The company has invested millions in the new plant, which is reported to be providing more than 100 jobs for the region.

Market Segment

This study forecasts revenue at Germany, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Germany Syringe Market based on the below-mentioned segments:

Germany Syringe Market, By Product

• General Syringes
• Specialized Syringes
• Smart Syringes

Germany Syringe Market, By Usage

• Reusable Syringes
• Disposable Syringes

Germany Syringe Market, By End-Use

• Hospitals
• Blood Collection Centers
• Diabetes Care Centers
• Others