Micro Syringes Market Share

  • Report ID: 3989
  • Published Date: Jun 28, 2024
  • Report Format: PDF, PPT

 


Micro Syringes Market Share

North American Market Forecast

The market share of micro syringes in North America is estimated to surpass 35% till 2036. United States with the largest national pharmaceutical market with almost 41% of total global pharmaceutical spending in 2021 is responsible for the fast pace growth of the market in the region.

The increasing collaboration activities between pharma companies and research institutes for the development of novel drugs will also boost the market expansion. The rising investments in R&D in the analytical techniques for the accurate detection of proteins are also responsible for the growing demand for micro syringes in the pharmaceutical sector.

Europe Market Forecast

Europe micro syringes market will be the second largest, registering a share of about 25% by the end of 2036. The advancement in the healthcare and biomedical research sector in the region is boosting the adoption of several advanced technologies in analytical chemistry.

One such technique is the chromatography technique where the micro syringes function primarily as a pipette or liquid-transfer device that loads a sample loop in high-pressure liquid chromatography (HPLC). It analyzes complex biological fluids like blood, plasma, and serum, aiding the development of targeted precision medicines.

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Micro Syringes Market Size
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Author Credits:  Radhika Pawar


  • Report ID: 3989
  • Published Date: Jun 28, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of micro syringes is estimated at USD 340.2 Million.

The micro syringes market size was valued at USD 320.1 Million in 2023 and is likely to reach USD 743.74 Million by 2036, expanding at around 6.7% CAGR during the forecast period i.e., between 2024-2036. The increasing volume of clinical trials and preclinical trials with growing research studies & development in healthcare, pharmaceutical, life science, and several other fields is estimated to boost the market growth.

North America industry share is estimated to surpass 35% till 2036, led by increasing collaboration activities between pharma companies and research institutes for the development of novel drugs.

Trajan Scientific and Medical, Thermo Fisher Scientific Inc., Innovative Labor Systeme GmbH (ILS), GL Science, Inc., PerkinElmer, Inc., Agilent Technologies, Inc., Shimadzu Corporation, Avantor, Inc., ITO Corporation, Merck KGaA
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