The global micro syringes market size is expected to reach USD 303.7 million by 2027 registering a CAGR of 5.8%, according to a new report by Grand View Research, Inc. The increasing number of research studies and a rising volume of life science research investigations are boosting the market growth. Stringent regulations that have increased the requirement of the chromatography tests in the drugs approvals is also supporting the market growth.
Laboratories have emerged as multipurpose research facilities, in which different types of testing mechanisms, research analogies, and novel developments are being carried out. This has also led to an increase in the demand for laboratory products. Moreover, the trend of research-based studies has been gaining traction over the past decade. This has resulted in the development of new laboratories in academic institutes, thereby boosting the demand for the product.
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Research studies & innovations are increasing at a high rate to meet the rising demand in industries, such as pharmaceuticals and life sciences. Testing new products at a lab-scale and then transferring to the manufacturing level concludes research in these industries. To meet the increasing demand for laboratory disposables and to enable companies to sustain their growth in the market, investments in R&D in the abovementioned industries are increasing.
Micro Syringes Market Report Highlights
- Autosampler segment is anticipated to register the fastest CAGR of 6.0% over the forecast period due to the increasing use of autosampler in pharmaceutical industry as it provides better reproducibility and high accuracy
- The removable needle segment led the market in 2019 with a market share of 65.7%. This is due to the fact that removable needles allow using different sizes of needles on the same syringe barrel
- The laboratory end-use segment dominated the market with a share of 46.2% in 2019 owing to the increasing use of syringes in laboratories
- North America held the maximum share of 38.1% in 2019 due to the technological advancements and availability of skilled workforce to handle chromatography instruments
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Micro Syringes Market Segmentation
Grand View Research has segmented the global micro syringes market based on syringe type, needle type, material, end use, and region:
Micro Syringes Syringe Type Outlook (Revenue, USD Million, 2016 – 2027)
- Auto Sampler
Micro Syringes Needle Type Outlook (Revenue, USD Million, 2016 – 2027)
Micro Syringes Material Outlook (Revenue, USD Million, 2016 – 2027)
- Stainless Steel
Micro Syringes End-use Outlook (Revenue, USD Million, 2016 – 2027)
- Pharmaceutical & Biotechnological Companies
- Research Institutes
Micro Syringes Regional Outlook (Revenue, USD Million, 2016 – 2027)
- North America
- Asia Pacific
- South Korea
- Latin America
- Middle East & Africa
- South Africa
- Saudi Arabia
List of Key Players of Micro Syringes Market
- Innovative Labor Systeme (ILS)
- GL Science, Inc.
- Hamilton Company
- PerkinElmer, Inc.
- Shimadzu Corporation
- Trajan Scientific and Medical
- ITO Corporation
- Valco Instruments Company, Inc.
- Agilent Technologies, Inc.
Key Topics Covered
Table of Content
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.1.1. Syringe type
1.1.2. Needle type
1.1.5. Regional scope
1.1.6. Estimates and forecast timeline
1.2. Research Methodology
1.3. Information Procurement
1.3.1. Purchased database
1.3.2. GVR’s internal database
1.3.3. Secondary sources
1.3.4. Primary research
1.4. Information or Data Analysis
1.4.1. Data analysis models
1.5. Market Formulation & Validation
1.6. Model Details
1.6.1. Commodity flow analysis (Model 1)
188.8.131.52. Approach 1: Commodity flow approach
1.6.2. Volume price analysis (Model 2)
184.108.40.206. Approach 2: Volume price analysis
1.7. List of Secondary Sources
1.8. List of Primary Sources
1.9.1. Objective 1: Understanding the market dynamics
1.9.2. Objective 2: Understanding the market estimates and forecasts
1.9.3. Objective 3: Understanding the attributes such as strategy framework, competitor categorization
1.9.4. Objective 4: Understanding the key product and application scopes to conclude on the market size
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
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About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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