Syringes Market Pegged for Robust Expansion by 2031
                     Europe Syringes Market Outlook 2031
 The Europe syringes market was valued at US$ 4 Bn in 2021
 It is estimated to grow at a CAGR of 5.6% from 2022 to 2031
 The Europe syringes market expected to reach the value of US$ 6.9 Bn by the end
of 2031
Analysts’ Viewpoint on Syringes Market Scenario
Large number of hospitals and rise in research & development activities in research labs,
pharmaceutical companies, and government initiatives for different vaccination programs
are  expected  to  boost  the  syringes  market in  the  Europe  during  the  forecast  period.
Innovations  by  companies  are  fueling  the  market  growth.  For  instance,  Pharmapack
introduced  GxInnosafe  Syringe,  a  fill  syringe  with  a  passive  needle  protection  system.
Companies, such as Zeon, are carrying out innovation in prefilled syringes to optimize the
formulation  and  containment.   Moreover,  an  increase  in  various  chronic  diseases  has
significantly driven the syringes market in Europe. Germany accounted for a major share of
the syringes market in Europe.  It  has  been analyzed that,  in terms of  usage, disposable
syringes held a notable share of the market, which ultimately propels the syringes market in
Europe.
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Overview of Europe Syringes Market
A syringe is a medical equipment used to inject or withdraw fluid from the patient’s body.
The various types of needles & syringes available include insulin syringes, injection syringes,
disposable  syringes,  and prefilled  syringes.  Increase  in  geriatric  population and surge  in
incidence of chronic diseases are projected to drive the syringes market in Europe during
the forecast period.
Leading players in the Europe syringes market are developing advanced new products and
carrying  out  innovations  through  strategic  collaborations,  partnerships,  and  mergers  &
acquisitions. For instance, in July 2017, Gerresheimer AG entered into an exclusive license
agreement  with  West  Pharmaceutical  Services,  Inc.  and  acquired  the  rights  to  market
innovative, new syringe safety solution, developed by West Pharmaceutical Services, Inc.
The well-developed healthcare system in Europe is expected to boost the syringes market in
the region during the forecast period.
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Rise in Demand for Point-of-Care Administration to Drive Syringes Market in Europe
The number of people self-administering medication at home is increasing rapidly. Insulin
dependent diabetics and people suffering from ailments are increasingly opting for reliable
and  safe  methods  to  self-inject  medication.  The  prevalence  of  diabetes  is  increasing  in
Europe.  According  to  the  World  Health  Organization  (WHO),  approximately  60  million
people in the region have diabetes. The number of cases and prevalence of diabetes have
been rising for the last few decades.
Auto injectors and pen injectors are integrated with prefilled syringes, which is an important
factor  driving the demand for  self-administrable  devices.  Therefore,  preference for  self-
administration is expected to propel the adoption of syringes over the next few years.
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Consistent Rise in Demand for Injectable Drugs to Boost Syringes Market
Increasing number of biologics and potent & complex molecules have been approved for
marketing in the last few years. Key hospitals, diagnostic centers, and general practitioners
are using syringes for drug delivery, as these offer ease of handling, less overfills, and better
safety to patients.  Most biologics are given parenterally,  as  oral  administration leads to
protein hydrolysis in the digestive tract. Moreover, usage of disposable syringes for drug
delivery results in reduced costs, as these syringes reduce the overfill volume and deliver
precise  drug  dosage.  Increase  in  usage  of  injectable  is  likely  to  drive  the  demand  for
syringes.
Over 60% drugs in clinical development are biologics, indicating a robust expansion of the
biologics market. This, in turn, is expected to boost the syringes market.
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Increase in Adoption of General Purpose Syringes in Europe
In terms of product type, the syringes market in Europe has been classified into general
purpose  syringes  segment,  specialized  syringes  (insulin  syringes  &  others),  and smart
syringes.  The  general  purpose  syringe  segment  accounted  a  major  share  of  the  global
market  in  2021.  Syringes  are  utilized  for  different  conditions  such  as  cancer,  diabetes,
arthritis,  and  multiple  sclerosis.  Therefore,  an  increase  in  incidence  of  chronic  diseases
drives the adoption of syringes.
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