India Pharma Outlook Team | Friday, 22 September 2023
The global Insulin Syringes Market is on the cusp of substantial growth, with projections indicating an impressive increase of $408.67 million during the period from 2022 to 2026. This growth trajectory is marked by a robust Compound Annual Growth Rate (CAGR) of 4.69% throughout the forecast period. The Insulin Syringes market growth is driven by several key factors, including the increasing global burden of diabetes, favorable government initiatives, and the availability of diabetes self-management education programs.
As diabetes continues to be a global health concern, the demand for insulin syringes is expected to rise significantly. The increase in awareness programs for diabetes as one of the primary drivers fueling the growth of the Insulin Syringes Market in the coming years. Additionally, the market is expected to benefit from rising strategic partnerships aimed at boosting insulin syringe sales and an increasing focus on smart insulin syringes.
The vendor analysis designed to help clients enhance their market positioning. It includes a detailed examination of several leading vendors in the Insulin Syringes Market, such as AdvaCare Pharma, ASP Healthcare Pty Ltd., Avantor Inc., B. Braun SE, Becton Dickinson and Co., Cardinal Health Inc, CODAN Medizinische Gerate GmbH and Co KG, Gerresheimer AG, Healthwarehouse.com Inc., Hi-Tech Medics Pvt Ltd., Hindustan Syringes and Medical Devices Ltd., LAC Healthcare Solutions, Nipro Corp., Novo Nordisk AS, Poly Medicure Ltd., SCHOTT AG, Smiths Group Plc, Terumo Corp., Thermo Fisher Scientific Inc., and UltiMed Inc.