The Oral Syringes Market is poised to achieve a substantial valuation of approximately US$ 7.3 billion by the year 2031, with an anticipated compound annual growth rate (CAGR) of around 6% throughout the evaluation period spanning from 2021 to 2031.
An oral syringe serves as a versatile tool for dispensing suspensions and liquid solutions, facilitating the administration of a wide range of medications available in various forms such as tablets, capsules, or oral liquids. It offers a means of direct oral medication delivery, allowing patients to consume their prescribed drugs by placing them directly in the mouth.
Oral syringes are versatile and suitable for individuals across all age groups, and they can be employed repeatedly by the same patient. They prove especially useful for the gradual adjustment of medication dosages, often referred to as tapering, which is particularly essential for babies and children to ensure precise and controlled administration of medication.
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Increasing growth of Pharmaceuticals Industry and Increasing Incidence of Cancer in the Children Is Driving the Adoption of Oral Syringes Market
The global pharmaceuticals industry is poised for robust growth, with a healthy compound annual growth rate (CAGR) projected over the forecast period. This expansion within the pharmaceutical sector acts as a significant driver, further fueling the growth of the oral syringes market.
The escalating prevalence of diseases within specific populations, often attributed to improper dosage consumption, has surged in recent years. This surge in disease cases, resulting from dosage-related issues, significantly propels the growth of the oral syringes market. These factors collectively underscore the importance of oral syringes in ensuring precise and controlled medication administration, aligning with the evolving healthcare landscape.
Market Drivers
- Growing Healthcare Needs: Increasing healthcare needs, including the administration of various oral medications, are driving the demand for oral syringes, especially in clinical and home healthcare settings.
- Medication Administration: Oral syringes are essential for accurately and safely administering a wide range of medications, particularly for patients who have difficulty swallowing pills or for precise dosing in pediatrics.
- Aging Population: The aging global population requires specialized healthcare, and oral syringes are vital tools for administering medication to older adults who may have difficulty swallowing or need precise dosing.
- Pediatric Care: The unique needs of pediatric patients, who often require smaller and more precise dosages, boost the demand for oral syringes.
- Home Healthcare: The increasing trend of home healthcare and self-administration of medications further drives the demand for oral syringes.
- Hospitals and Clinics: Healthcare facilities, including hospitals and clinics, rely on oral syringes for accurate and controlled medication administration.
- Pharmaceutical Industry: The pharmaceutical industry plays a significant role in driving the development and use of oral syringes as they create liquid formulations for oral administration.
- Innovations and Improvements: Advancements in oral syringe technology, including user-friendly features and safety mechanisms, are attracting healthcare providers and patients.
Key Market Players
- Amcor LimitedAG.
- Becton
- Braun Melsungen
- Dickinson and Company
- NIPRO Corporation
- Medtronic
- CODAN Medizinische Geräte GmbH & Co KG
- Smiths Medical
- Gerresheimer AG
- Terumo Corporation among others.
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Key Segments
By Type:
- Clear Oral Syringes
- Colorful Oral Syringes
- Other
By Material:
- Bariatric Glass Syringes
- Plastic Syringes
By Size:
- 1ml
- 10ml
- 25ml
- 5ml
By Usage:
- Disposable Oral Syringes
- Reusable Oral Syringes
By End User:
- Hospitals
- Homecare Settings
- Clinics
- Other
By Region:
- North America
- US
- Canada
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Europe
- UK
- France
- Germany
- Italy
- Spain
- BENELUX
- Russia
- Rest of Europe
- East Asia
- China
- Japan
- South Korea
- South Asia & Pacific
- India
- Thailand
- Indonesia
- Malaysia
- Australia & New Zealand
- Rest of South Asia & Pacific
- Middle East & Africa
- GCC Countries
- Turkey
- South Africa
- Rest of Middle East and Africa
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