The global Oral Syringes Market has seen a rise in demand, and its market size was valued at USD 1.89 billion in 2022. The market is expected to experience a rapid revenue Compound Annual Growth Rate (CAGR) of 5% during the forecast period. The need for oral syringes in the healthcare sector has increased due to the prevalence of chronic diseases such as diabetes, cancer, and cardiovascular disorders, which is a key driver of market revenue growth. Oral syringes dispense suspensions and liquid solutions used to give any medication available as a tablet, capsule, or liquid. They deliver medication orally in the mouth of patients, and the use of these devices is increasing as insulin is typically administered using oral syringes.
The World Health Organization (WHO) predicts that the prevalence of diabetes among people over the age of 18 globally was 8.5% in 2019, and this number is expected to increase to 9.3% by 2030. This increase in diabetes is expected to contribute to the rise in demand for oral syringes. Moreover, the rising aging population is expected to drive revenue growth of the market. The United Nations (UN) predicts that by 2050, there will be 2.1 billion elderly people worldwide. Oral syringes are a practical choice for older people who frequently need assistance with medication administration and may have trouble swallowing tablets or capsules.
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The demand for pediatric drugs is also expected to drive market revenue growth. According to the American Academy of Pediatrics, there are over 73 million children under the age of 18 in the U.S., and these children need unique drug formulations and dosages. With oral syringes, children can easily and precisely take liquid drugs. In the upcoming years, demand for oral syringes is expected to rise due to increasing use of self-administered medication. People are choosing self-administered drugs and participating more actively in their healthcare. Oral syringes offer a quick and secure solution to give liquid drugs at home.
However, complications associated with enteral feeding insertions, such as nasal damage, bronchial placement, gastrointestinal intolerance, and others are major factors, which could restrain market revenue growth. The global oral syringes market is segmented based on product type and application.
Based on the product type, the global oral syringes market is segmented into non-luer lock syringes, luer lock syringes, catheter tip syringes, and others. The non-luer lock syringes segment accounted for the largest revenue share in the global oral syringes market in 2022. This is because they are simple to use and precise in measuring little amounts of medication. They are mostly used to give liquid medications to elderly and pediatric patients.
The luer lock syringes segment is expected to register a steady and fast revenue growth rate in the global oral syringes market during the forecast period. Luer lock syringes are frequently used in healthcare facilities for various tasks such as giving drugs and drawing blood. These syringes have threaded tips that firmly fasten the needle to the syringe, decreasing the likelihood that it may come loose while being used. They are also more dependable and less likely to leak than other kinds of syringes. In addition, rising prevalence of chronic conditions such as diabetes and cancer, which necessitate regular injections, is another factor driving revenue growth of this segment.
The catheter tip syringes segment is expected to account for a considerably large revenue share in the global oral syringes market during the forecast period. These syringes are made to attach to catheters, which are tiny tubes that are introduced into the body to administer medications or other substances.
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Key Players Operating in Oral Syringes Market
- 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
The global Oral Syringes Market has been segmented as follows:
By Product Type Outlook:
- Non-Luer Lock Syringes
- Luer Lock Syringes
- Catheter Tip Syringes
By Application Outlook:
- Home Care Settings
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
- South Korea
- Saudi Arabia
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