Global Ampoules and Syringes Market Size, Share and Trends Analysis, By Type (Ampoules (Glass Ampoules, Plastic Ampoules, Cyclic Olefin Copolymer, and Cyclic Olefin Polymers), Syringes (Polymer Syringes and Glass Syringes)), Forecast (2022-2028)

The global ampoules and syringes market is estimated to grow at a CAGR of 9.5% during the forecast period (2022-2028). Ampoules are small vials that contain a solution or powder form of a medicine for intravenous injection into the body. It essentially stores the medicine and is made of plastics such as polyvinyl chloride (PVC) and polyethylene (PE). Glass is also used to make ampoules, which are firmly sealed to prevent extraneous particles from entering. A syringe is a sort of medical instrument that resembles a pump. The fluid included in the ampoules is used to deliver medications into the body. Plastic and disposable materials make up the needle.

Serum Institute of India, an Indian vaccine maker, purchased the Indian partner in the SCHOTT Kaisha joint venture for an unknown sum in August 2021. As the JV develops pharma packaging products including vials, syringes, ampoules, and cartridges required to package life-saving pharmaceuticals, this development is intended at supporting Serum Institute tie up its back-end supply in the wake of global demand. Hindustan Syringes & Medical Devices Ltd. announced in May 2021 that it would hire 500 people to enhance syringe production capacity in order to meet a target of 100 crore AD syringes. Hindustan Syringes & Medical Devices Ltd. dispatched its first cargo of 56 million auto-disabled syringes to the Covax factory in October 2020 to meet the ongoing demand.

The growing elderly population with various chronic conditions, as well as improved medical facilities, are driving the growth of the global ampoules and syringes market. By 2050, the world’s population of people aged 60 years and older will double (2.1 billion), as per the World Health Organization (WHO). Ampoules and syringes are predicted to rise in popularity owing to advancements in injectable drug delivery methods. Manufacturers are developing injectables that can be used at home or in close proximity to patients.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- Nipro Corp., Becton, Dickinson & Co., and Gerresheimer AG, among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Ampoules and Syringes Market Report by Segment

By Type

• Ampoules
  • Glass Ampoules
  • Plastic Ampoules
  • Cyclic Olefin Copolymers
  • Cyclic Olefin Polymers
• Syringes
  • Polymer Syringes
  • Glass Syringes