Syringes, Needles, and Urinary Catheters Market Size by Segments, Share, Regulatory, Reimbursement, Procedures and Forecast to 2033
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Syringes, Needles, and Urinary Catheters Market Report Overview
The syringes, needles, and urinary catheters market size was $25.28 billion in 2023. The market is expected to grow at a CAGR of more than 2% during 2023-2033. The market for syringes, needles, and urinary catheters is profoundly intertwined with healthcare delivery and patient management. These medical devices serve various purposes, from administering medications and vaccines to facilitating urine drainage in individuals with specific medical conditions.
Syringes, Needles, and Urinary Catheters Market Outlook, 2023-2033 ($ Billion)
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The syringes, needles, and urinary catheters market research report has been created to understand market behavior, which will help identify quantitative market trends in the hospital-supplies therapeutic areas. It discusses in detail the impact of COVID-19 on the syringes, needles, and urinary catheters market for the year 2020 and beyond. The report has extensively covered pipeline products and technologies, which will help in identifying companies with the most robust pipeline. This, in turn, will assist in predictive analysis for designing your in-licensing and out-licensing strategies.
Market Size (2023) | $25.28 billion |
CAGR (2023-2033) | >2% |
Historical Period | 2015-2022 |
Forecast Period | 2023-2033 |
Key Segments | · Needles
· Syringes · Urinary Catheters |
Key Regions | · Asia-Pacific
· Europe · Middle East and Africa · North America · South and Central America |
Key Companies | · Becton Dickinson and Co
· Equashield LLC · Avanos Medical Inc · Cardinal Health Inc · Novo Nordisk AS |
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Syringes, Needles, and Urinary Catheters Market Dynamics
In hospitals and clinics, syringes and needles play a crucial role in a variety of procedure types, including drawing blood for monitoring health conditions, and others. An increased incidence of hospital-related infections, accidents, and burn cases will mainly drive the hospital market for syringes and needles. Besides, the demand for syringes and needles is increasing in developed and emerging markets due to increases in the cases of chronic diseases that require constant use of them. Likewise, due to an increase in the prevalence of urinary incontinence as well as growth in prostate cancer incidence, the demand for urinary catheters is increasing. As global populations age, the urinary catheters market will grow due to a rise in the demand for urinary catheters in elderly patients.
Syringes, Needles, and Urinary Catheters Market Segments
Syringes, needles, and urinary catheters are the key segments of the market. In 2023, the urinary catheters segment dominated the market. Since efforts to minimize complications associated with the usage of catheters are gaining traction, the urinary catheters market is expected to expand. The development of safer catheters will likely further amplify demand in the future, reinforcing the positive trajectory of the syringes, needles, and urinary catheters market.
Syringes, Needles, and Urinary Catheters Market Analysis by Segments, 2023 (%)
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Syringes, Needles, and Urinary Catheters Market Segmentation by Regions
The key regions in the syringes, needles, and urinary catheters market are Asia-Pacific, Europe, the Middle East and Africa, North America, and South and Central America. In 2023, Asia-Pacific accounted for the largest regional share in the syringes, needles, and urinary catheters market.
China is a dominant player in the Asia Pacific region for syringes, needles, and urinary catheters market. Its massive population and continuous investments in healthcare infrastructure drive substantial demand. Japan and India also have substantial market shares, owing to their growing healthcare sectors and adoption of advanced medical technologies.
Syringes, Needles, and Urinary Catheters Market Analysis by Regions, 2023 (%)
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Syringes, Needles, and Urinary Catheters Market – Competitive Landscape
A few of the key companies in the syringes, needles, and urinary catheters market are:
- Becton Dickinson and Co
- Equashield LLC
- Avanos Medical Inc
- Cardinal Health Inc
- Novo Nordisk AS
In 2023, Becton Dickinson and Co. accounted for the highest syringes, needles, and urinary catheters market share.
Syringes, Needles, and Urinary Catheters Market Analysis by Companies, 2023 (%)
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Segments Covered in the Report
Syringes, Needles, and Urinary Catheters Segment Outlook (c)
- Syringes
- Needles
- Urinary Catheters
- External Catheters
- Foley Catheters
- Short-Term Catheters
Syringes, Needles, and Urinary Catheters Regional Outlook Value, $ Billion, 2015-2033)
- Asia-Pacific
- Europe
- Middle East and Africa
- North America
- South and Central America
Key Inclusions
Currently marketed Syringes, Needles, and Urinary Catheters market and evolving competitive landscape:
- Insightful review of the key industry trends.
- Annualized total syringes, needles, and urinary catheters market revenue by segment and market outlooks from 2015-2033.
- Market-level data on units, average selling prices, and market values.
Global, Regional, and Country level market specific insights:
- Qualitative market-specific information is available with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
- SWOT analysis for the syringes, needles, and urinary catheters market.
- Competitive dynamics insights and trends provided for the syringes, needles, and urinary catheters market.
Drive the understanding of the market by getting the veritable big picture including an overview of the healthcare system. In addition, the Market Access segment allows you to delve deeper into market dynamics with information on reimbursement policies and the regulatory landscape.
- Country-specific overview of the healthcare system.
- Country-specific reimbursement policies.
- Country-specific medtech regulatory landscape.
Robust methodologies and sources enable the model to provide an extensive and accurate overview of the market. Demand and supply-side primary sources are integrated within the syndicated models, including Key Opinion Leaders. In addition, real-world data sources are leveraged to determine market trends; these include government procedure databases, hospital purchasing databases, and proprietary online databases.
Companies covered – Becton Dickinson and Co, Equashield LLC, Avanos Medical Inc, Cardinal Health Inc, Novo Nordisk AS, Teleflex Inc, Coloplast Corp, Stryker Corp, Medline Industries LP, Hollister Inc, Bioderm Inc, and others.
Countries covered: United States, United Kingdom, Germany, France, Italy, Spain, Brazil, China, India, Russia, Japan, Australia, Canada, Mexico, South Korea, Denmark, Ireland, Netherlands, New Zealand, South Africa, Sweden, Switzerland, Austria, Belgium, Finland, Israel, Norway, Poland, Portugal, Taiwan, Czech Republic, Greece, Hungary, Turkey, Egypt, Saudi Arabia, United Arab Emirates, Argentina, and Chile.
Scope
This report provides:
- Insightful review of the key industry trends.
- Annualized total Syringes, Needles, and Urinary Catheters market revenue by segment and market outlooks.
- Market-level data on units, average selling prices, and market values.
- Global, regional, and country-level market-specific insights including qualitative market-specific information with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
- SWOT analysis for the Syringes, Needles, and Urinary Catheters market.
- Competitive dynamics insights and trends provided for the Syringes, Needles, and Urinary Catheters market.
- Country-specific overview of the healthcare system.
- Country-specific reimbursement policies.
- Country-specific medtech regulatory landscape.
Reasons to Buy
The model will enable you to:
- Understand the impact of COVID-19 on syringes, needles, and urinary catheters.
- Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.
- Develop business strategies by understanding the trends shaping and driving syringes, needles, and urinary catheters.
- Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the syringes, needles, and urinary catheters market in the future.
- Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company’s share of market leaders.
- Identify emerging players with potentially strong product portfolios and create effective counter-strategies to gain a competitive advantage.
- Track device sales in the global and country-specific syringes, needles, and urinary catheters market from 2015-2033.
- Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments, and strategic partnerships.
Equashield LLC
Avanos Medical Inc
Cardinal Health Inc
Novo Nordisk AS
Teleflex Inc
Coloplast Corp
Stryker Corp
Medline Industries LP
Hollister Inc
Bioderm Inc
Others
Frequently asked questions
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What was the syringes, needles, and urinary catheters market size in 2023?
The syringes, needles, and urinary catheters market size was $25.28 billion in 2023.
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What will the syringes, needles, and urinary catheters market growth rate be during the forecast period?
The syringes, needles, and urinary catheters market is expected to grow at a CAGR of more than 2% during 2023-2033.
-
Which was the leading segment in the syringes, needles, and urinary catheters market in 2023?
The urinary catheters segment led the syringes, needles, and urinary catheters market in 2023.
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Which region dominated the syringes, needles, and urinary catheters market in 2023?
Asia-Pacific was the largest regional segment of the syringes, needles, and urinary catheters market in 2023.
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Which are the key companies operating in the syringes, needles, and urinary catheters market?
A few of the key companies in the syringes, needles, and urinary catheters market are Becton Dickinson and Co., Equashield LLC, Avanos Medical Inc., Cardinal Health Inc., and Novo Nordisk AS, among others.
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