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Share this article Share this article ResearchAndMarkets.com s offering. According to this report the global syringe market is expected to reach $26,859.34 million by 2027 from $12,649.46 million in 2019. The market is estimated to grow at a CAGR of 9.8% from 2020 to 2027. The report highlights trends prevailing in the market, and drivers and hindrances pertaining to the market growth. Based on syringe type, the market is segmented into luer lock syringes, glass syringes, luer slip syringes, and others. In 2019, the glass syringes segment held the largest share of the market. The segment is expected to grow at the fastest CAGR during the forecast period. This segment is likely to witness a lucrative growth owing to low mechanical tolerance, and smooth movement of the plunger. Furthermore, properties of glass, such as nonreactive nature and heat and chemical resistance, are contributing to the growth of this segment. Moreover, glass syringes are highly compatible wi ....
Share this article Share this article ALBANY, N.Y., Feb. 9, 2021 /PRNewswire/ The use of syringes has increased considerably over the years. The rising influence of various types of syringes in the healthcare industry has a lion s share in increasing the growth of the glass syringe market. The overwhelming demand for glass syringes due to the number of benefits attached may bring promising growth between 2020 and 2028. Glass syringes are widely used in syringe pump applications. They are available in a plethora of sizes such as up to 1 ml, 1ml-5 ml, 5 ml-20 ml, and above 20 ml. The growing applications of glass syringes in research laboratories, clinical research, hospitals, and drug manufacturing may bring tremendous growth opportunities. ....