Micro Syringes Market Trends

Growth Drivers

• Increasing Number of Preclinical, and Clinical Trials – The need to figure out the efficacy of drug discovery and micro syringe treatment is responsible for the surging number of clinical trials. World Health Organization (WHO), has registered 157,618 trials during 1999-2021 in the United States of America.
• Growing Pharmaceutical & Biopharmaceuticals Industry – Incessant research to develop new drugs and drug delivery systems in the pharmaceutical industry is set to augment the demand for micro syringes in the upcoming years. Micro syringes have shown profound promise in biopharmaceutical, and biomedical applications.
• Increasing Demand for Minimally Invasive Procedures – The rising popularity of minimally invasive cosmetic surgery procedures worldwide with the astounding surge in the volume of cosmetic and aesthetic treatments via injection will impel the micro syringes market revenue.
• Scaling Up Doses of Vaccination – Expanding vaccine industry and the rising focus of governments to act on immunization plans is driving the demand of micro syringes. About 16 billion vaccine doses were supplied globally in 2021, 3 times the 2019 market volume.

Challenges

• Dearth of Skilled Professionals – Micro syringes are generally utilized by patients who have received special training as they cannot be easily used. Hence, the lack of trained personnel who monitor on correct injection method, safe needle disposal, and other issues are hindering the penetration of such syringes for mass utilization.
• Stringent guidelines for the use of safety-engineered syringes
• High cost of production