The catheter tip syringe market grew at a blistering pace in 2021, with global volume rising 8% year over year. According to a new FMI forecast, the volume of catheter tip syringes would nearly double between 2020 and 2030, reaching about billions of units in 2031, representing a ten-year compound annual growth rate (CAGR) of nearly 7%.
Catheter Tip Syringe Market: Market Outlook
The awareness regarding health has increased and customers are giving emphasis on investing in healthcare facilities. Also, the health issues related to aging people are rising, globally. Therefore, the demand for medical products is also increasing.
The catheter tip syringes are used for flushing catheters, and catheter insertion and are ideal for enteral feeding. It is also used for connection to intermittent and in-dwelling catheters. The catheter syringes come with a tip with easy push/pull, which is convenient without tiring the hands.
In addition, the clear barrel provides the perfect visualization of the syringe content, and the bold marking on the barrel helps in easy to read, measure, and support for accurate dosage of medication.
The catheter tip syringe has been accurately manufactured as per international standards with unique features like latex-free, double seal ring, lipid resistance, and perfect lubricated plunger. Additionally, the catheter tip syringes are non-toxic, pyrogen-free and the latex-free stopper eliminates the risk of allergic reaction to latex. A catheter tip syringe is commonly used for injecting through tubing; it does not have a needle and is widely used in hospitals, clinics, and home care settings.
The catheter tip syringe is also used for dispensing medications for children and feeding or nursing animals. They are also used in-home care uses such as refilling ink cartridges, transferring liquids from perfume bottles, transferring liquids out of perfume bottles, etc.
The growth of catheter tip syringes is increasing as it is very safe, avoids sterilization, reduces chances of contamination, and speeds up medical treatment. Therefore, the disposable or single-use catheter tip syringe market could propel growth.
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What Are the Key Market Drivers Impacting the Growth of Catheter Tip Syringe Market?
The patients suffering from gastrointestinal diseases, cancer, kidney disorders are admitted into the hospital for a more extended period and are kept in the critical care units. They are unable to use the washroom independently. Therefore, the urinary catheters are used to clear the bladder. Additionally, urinary catheters are often used during surgery as the patients cannot control the bladder due to anaesthesia.
With the increase of diabetes patients worldwide, the chances of kidney disorders and urinary problems are multiplying. Due to the busy lifestyle, consumption of unhealthy and unhygienic food, being stressed, and aging resulted in many diseases, which resulted in admission into the hospitals. Therefore, the catheter tip syringes support aging, handicapped, and operated patients for helping in the urinary function.
Additionally, the stringent medical regulatory guidelines for the design and manufacture of catheter tip syringes to sustain the patient’s safety and security could propel the growth of the catheter tip syringe market.
What are the Key Challenges that may Restrain Growth of the Catheter Tip Syringe Market?
The catheter tip syringe is made of plastic material, and the single-use disposable syringes create much more piling and are harmful to the environment. In addition, the rise of throw-away medical supplies is trashing the environment and is responsible for landfill waste. Therefore, the single-use catheter tip syringe for bio-degradable and recyclable is a big challenge.
Additionally, disposable plastic-based syringes are used extensively due to convenience, patient safety, cost, and hygiene. However, the catheter tip syringes come in direct contact with the body fluid and blood, and the chances of contamination are more. Therefore, disposing of the catheter tip syringes is a challenging job.
Competitive Landscape
Key players such as
- Wessex Medical Ltd
- GBUK Enteral Ltd.
- Cardinal Health, Inc.
- Medela Inc.
- Miktell Ltd.
- NeoMed, Inc.
- EXELINT International, Co.
- Medline Industries, Inc.
- Others
Key Asian players such as
- Terumo Corporation
- Jiangsu Kangyou Medical Instrument Co., Ltd
- Zhenjiang Enkang Medical Devices Co., Ltd
- Zibo Eastmed Healthcare Products Co., Ltd.
- Others
are actively involved in catheter tip syringe market for different applications.
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What strategies are the Key Players adopting for Increasing their Market Share in Catheter Tip Syringe Market?
The manufacturers involved in manufacturing catheter tip syringe are adopting various strategies such as innovation, and product launch to serve the increasing demand for the catheter tip syringe market.
- Medela Inc., the Medela syringes with ENFit® connectors multifunctional syringes are designed to be used for pump feeds, venting and closed gravity feeding. Minimal efforts are required to remove the plunger.
Why is India a Big Market for the Catheter Tip Syringe Market?
The increasing population growth, the rise in the population of aging people, growing various chronic diseases that require the treatment using syringes create a high demand for catheter tip syringe market in India.
Due to the coronavirus pandemic, people have become more health-conscious. Therefore, the government focuses on health, sanitization, and providing funding to the medical packing companies to manufacture disposable, sterilized, and disinfectant syringes. These are the factors fuelling the growth of the catheter tip syringe market in India.
How has the COVID-19 Pandemic Impacted the Catheter Tip Syringe Market?
The demand for safe, sterile, and environment-friendly medical packaging is increasing. Due to the COVID-19, people have become more health-conscious and very particular regarding hygiene, so sterilisable packaging has increased.
The catheter tip syringes come directly in contact with the human body; therefore, preventing the transmission of the life-threatening coronavirus has led to the importance of sterilized single-use disposable syringes in hospitals. Additionally, the catheter tip syringe manufacturers, suppliers, hospitals, and diagnostic centres focus on disinfectant and sterilized medical packaging to protect people’s wellness.
Due to the COVID-19 outbreak, hygiene has become of utmost importance, and people are adopting a healthy lifestyle. Therefore, this will augment the growth of the catheter tip syringe market.
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Key Segments of Catheter Tip Syringe Market Covered in the Report
Based on Capacity:
- 50 ml to 60 ml
- 70 ml to 80 ml
- Above 80 ml
Based on Material:
- Plastic
- Glass
Based on End Use:
- Hospitals and clinics
- Diagnostic centres and research facilities
- Others (In-home care)
Based on the Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
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