GCC SYRINGES AND NEEDLES MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2022 to 2030)

Syringes and needles are collectively known as a “sharps” and are the most widely used medical disposables across the globe. Syringes and needles are defined as hollow devices made from glass, metal or polymer, and a nozzle and piston for sucking in or injecting fluid or liquid in a thin stream into the patient or vial.  Syringes utilize a plunger and cylinder for precise delivery of gases or liquids in medical, biotechnology, analytical, or pharmaceutical applications.  A syringe is a device used to inject medications or other liquids into body tissues.  A needle is a slender hollow instrument for introducing material into or removing material from the body parentally.  It is common for syringes to come with needles attached, but sometimes syringes can come with no needle attached.

Market Dynamics

The increasing adoption of inorganic growth strategies such as partnerships to boost production of medical devices including syringes in the region is expected to drive the market growth in the region over the forecast period. For instance, in November 2022, Borouge, a leading petrochemical company that provides innovative and differentiated polyolefin solutions, signed a Memorandum of Understanding (MoU) which established a new strategic partnership with Abu Dhabi Medical Devices Company (ADMD), a local manufacturer of auto disable syringes, single use syringes, administration devices,  insulin syringes, tubes& catheters, respiratory items, among others, to develop the medical device manufacturing industry in Abu Dhabi. As a part of the partnership, Borouge will provide Abu Dhabi Medical Devices Company with polyolefins to produce medical devices. The partnership will boost the production of medical devices including that of syringes.

Key features of the study:

• This report provides in-depth analysis of the GCC syringes and needles market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
• It profiles key players in the GCC syringes and needles market  based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Becton, Dickinson and Company, Nipro Corporation, Baxter International Inc., B. Braun Melsungen AG, Terumo Corporation, Medtronic plc., Smiths Group plc., Abu Dhabi Medical Devices Company, IBN Sina Medical Factory, Alshifa Medical Syringes Manufacturing Company Limited, International Korean Medical Company, Mais Saudia, and VITREX Medical A/S
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The GCC syringes and needles market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the GCC syringes and needles market

Detailed Segmentation:

• GCC Syringes and Needles Market, By Product Type:
  • Oral
  • Hypodermic
    • Standard
    • Special Purpose
      • Insulin
      • Tuberculin
      • Angiographic
      • Others
• GCC Syringes and Needles Market, By Usability:
  • Disposable
  • Reusable
• GCC Syringes and Needles Market, By Material:
  • Glass
  • Polymer
• GCC Syringes and Needles Market, By End User:
  • Hospitals
  • Blood Collection Centers 
  • Diabetic Care Center 
  • Veterinary Care Center 
  • Others
• GCC Syringes and Needles Market, By Country:
  • Kingdom of Saudi Arabia
  • U.A.E.
  • Qatar
  • Bahrain
  • Oman
  • Kuwait
• Company Profiles
  • Becton, Dickinson and Company
    • Company Highlights
    • Products Portfolio
    • Key Highlights
    • Financial Performance
    • Strategies
  • Nipro Corporation
  • Baxter International Inc.
  • B. Braun Melsungen AG
  • Terumo Corporation
  • Medtronic plc.
  • Smiths Group plc.
  • Abu Dhabi Medical Devices Company
  • IBN Sina Medical Factory
  • Alshifa Medical Syringes Manufacturing Company Limited
  • International Korean Medical Company
  • Mais Saudia
  • VITREX Medical A/S

“*” marked represents similar segmentation in other categories in the respective section.