The 2022 global size for oral syringes market amounted to USD 1.89 billion, with an anticipated rapid revenue Compound Annual Growth Rate (CAGR) of 5% during the forecast period. A significant driver behind the market's revenue surge is the escalating demand for oral syringes within the healthcare sector. This is largely due to the increasing incidence of chronic diseases such as diabetes, cancer, and cardiovascular disorders. Oral syringes serve as a means to dispense suspensions and liquid solutions for administering medications available in various forms, including tablets, capsules, or liquid, providing a method for oral medication delivery directly into the patient's mouth.
The prevalence of diabetes globally among individuals aged 18 and above was 8.5% in 2019, as reported by the World Health Organization (WHO). Projections by the WHO suggest an increase in this figure to 9.3% by 2030. The utilization of these devices is on the rise, particularly in the administration of insulin, which is commonly facilitated using oral syringes.
Furthermore, the escalating elderly population is set to drive the demand for oral syringes in the coming years, contributing to market revenue growth. According to estimates by the United Nations (UN), by 2050, the global elderly population is expected to reach 2.1 billion. Oral syringes prove to be a practical option for the elderly demographic, especially for those who often require assistance in administering medication and might encounter difficulties swallowing tablets or capsules.
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Top Companies:
- Baxter International Inc.
- Becton, Dickinson and Company (BD)
- Gerresheimer AG
- Nipro Corporation
- OPM Plastic Industries SDN BHD
- Polymed Medical Devices
- Rusch (Teleflex Medical)
- Shanghai Kindly Enterprise Development Group Co. Ltd.
- Weigao Group Co. Ltd.
- Wilco AG
Some Key Highlights from the Report
- Advancements in Design and Technology: Manufacturers are continually innovating in the design and technology of oral syringes to enhance accuracy, ease of use, and patient safety. This includes features such as measurement markings for precise dosing, ergonomic designs for easier handling, and materials that ensure compatibility with a variety of medications.
- Rising Demand for Pediatric and Geriatric Applications: There's an increasing need for oral syringes, particularly in pediatric and geriatric healthcare, owing to the necessity for accurate dosing. Pediatric patients often require smaller, precise doses, and elderly patients may have difficulty swallowing pills, making oral syringes an ideal solution for medication delivery.
- Focus on Patient Safety and Compliance: Manufacturers are placing greater emphasis on producing oral syringes that prioritize patient safety and compliance. This involves using materials that are free from harmful chemicals, ensuring accurate and clear measurement markings, and creating user-friendly instructions for patients and caregivers.
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Based on Region market is segmented into:
- North America
- Europe
- Asia-Pacific
- South America
- Middle East Africa
Product Type Outlook:
- Non-Luer Lock Syringes
- Luer Lock Syringes
- Catheter Tip Syringes
- Others
Application Outlook:
- Hospitals
- Clinics
- Home Care Settings
- Others
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