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Syringes Industry Soars with Prefilled Acting as Growth Enabler – Grand View Research, Inc.

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The global syringes industry size was pegged at USD 43.98 billion in 2022 and will depict a CAGR of 9.02% from 2023 to 2030, according to the “Syringes Industry Data Book, 2023 – 2030,” published by Grand View Research. The bullish outlook is partly attributed to the advent of 5G, demand for early diagnosis, reduced waste of product and increased patient safety. Pervasive chronic diseases have furthered the demand for state-of-the-art syringes. The American Cancer Society projected a 1.9 million cancer cases diagnosis and 609,360 cancer deaths in 2022.

Myriad of syringes, such as dental syringes, prefilled syringes and disposable syringes, have received an uptick, a trend likely to continue in the ensuing period. Notably, ready-to-fill prefillable syringes garnered traction, particularly during COVID-19. A spike in demand for vaccines and injectable drugs prompted industry leaders to inject funds into the landscape.

Technological advancements in the medical landscape have seen prefilled syringes grow in stature as a sought-after drug delivery solution. Healthcare workers envisage the product as a safer, easier and quicker option to administer drugs. The prefilled syringes market size stood at USD 20.61 billion in 2022 and will exhibit an impressive CAGR of 11.94% between 2023 and 2030. The growth outlook is mainly due to the demand for self-care injection devices. Predominantly, these products have amassed popularity to minimize waste, reduce chances of contamination and increase safety and accessibility.

Order your copy of the Free Sample of Syringes Industry Data Book – Prefilled Syringes, Disposable Syringes, Dental and Micro Syringes Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030″ Data Book, published by Grand View Research

Disposable syringes have witnessed surging demand on the back of an increased need to minimize disease transmissions. Bullish demand for sterilization and safety will expedite growth across emerging and advanced economies. The disposable syringes market size was pegged at USD 14.19 billion in 2022 and could observe a 6.21% CAGR over the assessment period. Syringe makers have exhibited a profound inclination for safety syringes to administer medication, prevent the risk of patient-to-patient transmission and expand penetration in curative healthcare drug discovery.

Although COVID vaccination rates have seemingly dipped, the syringes industry could witness notable growth. Trends and opportunities that are slated to encourage stakeholders to bolster untapped markets are highlighted below:

  • Heightened demand for reusable syringes to deliver anesthesia and the prevalence of dental disorders have revved up the footfall of dental syringes.
  • Micro syringes will likely impel the market growth on the heels of the surge in clinical trials and drug discoveries. Bullish R&D activities will encourage syringe manufacturers to ramp up their production.
  • The Europe market could witness investment galore in the wake of the infusion of funds into the healthcare sector across the U.K., FranceGermany and Spain. For instance, in March 2022, the U.K. government announced pouring £200 million (approximately USD 248 million) to augment health research to underpin diagnostic and treatment.

Syringe makers envisage North America as a happy hunting ground, mainly due to the rising footprint of advanced syringes for efficiency, safety and reliability. Predominantly, prefilled syringes are poised to witness compelling demand, prompting industry leaders to expand their penetration. To illustrate, in April 2022, Nevakar Injectables received U.S. FDA approval for its ready-to-use Ephedrine Sulfate Injection in a prefilled syringe. The company asserts that the green signal will help healthcare professionals to treat patients in the surgical setting. Moreover, the burgeoning geriatric population, coupled with the prevalence of infectious diseases, has spurred the regional outlook. The U.S. Census Bureau infers that nearly one in four Americans will be 65 years and older by 2060. The soaring number of adults alludes to buoyant demand for in-home caregiving and a robust healthcare system.

Go through the table of content of Syringes Industry Data Book to get a better understanding of the Coverage & Scope of the study

The competitive nature of the industry indicates that forward-looking companies would infuse funds into organic and inorganic strategies, including technological advancements, innovations, R&D activities and mergers & acquisitions. Additionally, geographical expansion and product launches would be pronounced through 2030. For instance, in September 2022, BD announced the rollout of a next-generation prefillable vaccine syringe for efficiency and reliability. The medical technology company states the product has strict specifications for cosmetics, contamination, processability and integrity.

Wladimir P. is a Content Editor at European Gaming Media and at PICANTE Media and covers a large variety of industries.

Artificial Intelligence

CGTN: 3rd CMG Forum in Beijing discusses AI development

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BEIJING, May 1, 2024 /PRNewswire/ — Focusing on the development of AI, the third CMG Forum was held on Monday in Beijing.

Li Shulei, a member of the Political Bureau of the Communist Party of China (CPC) Central Committee and the head of the Publicity Department of the CPC Central Committee, attended the opening of the event and delivered a speech.
Guests at the forum stressed the role of media in promoting the innovative application of AI as well as its governance.
Efforts should also be made to boost the development of AI in creating positive, healthy, diverse and high-quality content, so that AI can become a force for good and benefit mankind, they agreed.
They also called on media to accelerate intelligent transformation and help bridge international exchanges and cooperation on the governance of AI to facilitate its healthy, orderly and safe development.
Hosted by China Media Group (CMG), the forum attracted more than 200 participants from international organizations, media, think tanks and multinational companies.
“Innovation and breakthroughs in science and technology not only guide the development and progress of human civilization, but also bring uncertainty to the changing world,” said Shen Haixiong, vice minister of the Publicity Department of the CPC Central Committee and president of CMG. He called for efforts to jointly create valuable and responsible artificial intelligence.
AI technology is affecting every aspect of our lives. Thomas Bach, president of the International Olympic Committee (IOC), stated in a video speech that CMG has always been a partner of the IOC, bringing the charm of the Olympic Games to hundreds of millions of Chinese viewers. He said the IOC invites CMG to work together for the creation of a future with the application of AI in Olympic sports.
“From ancient inventions such as silk, printing and the compass to modern technological advances such as robotics, telecommunications and green technology, China has always been committed to innovation and creation,” said Daren Tang, director general of the World Intellectual Property Organization (WIPO). He said WIPO pays close attention to ensuring a balance between the opportunities and risks of artificial intelligence and is committed to strengthening cooperation to ensure that artificial intelligence is properly used.
https://news.cgtn.com/news/2024-04-30/3rd-CMG-Forum-in-Beijing-discusses-AI-development-1tdDcXvCexG/p.html

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Trianz Appoints Sridhar Kannan as Practice Leader – Digital, Elevating its Leadership in the Global Digital Transformation Space

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SANTA CLARA, Calif., May 1, 2024 /PRNewswire/ — Digital transformation technology & services company Trianz is pleased to announce the appointment of Sridhar Kannan as Practice Leader – Digital. With over 25 years of extensive experience in technology and business leadership, Sridhar joins Trianz to lead the expansion of Trianz’s Digital Practice, forging strategic alliances and expanding the business footprint.

Sridhar’s appointment comes at a transformative phase for Trianz as it solidifies its commitment to redefining the digital landscape with an “IP Led” model. This strategic shift is powered by Trianz’s cutting-edge hyper-automated platforms, Concierto.Cloud, Extrica.AI, and Pulse, driving industry-leading transformations in cloud, data and analytics, AI, and the digital workplace. Sridhar’s visionary leadership in technology-led business transformations across diverse sectors will be instrumental in leveraging IP-led models and innovative methodologies to position Trianz at the forefront of digital transformation.
“We are thrilled to welcome Sridhar Kannan to the Trianz family,” said Seshi Vanguru, Chief Revenue Officer at Trianz. “His appointment marks a significant stride in Trianz’s journey toward innovation and excellence. Sridhar’s wealth of experience and exceptional leadership skills will elevate our Digital Practice to new heights, reaffirming our commitment to delivering exceptional value to our clients.”
Sridhar is recognized as a client-focused technology and business transformation executive with a remarkable track record of helping Banking and Financial Services organizations in business transformation and product innovation using applications, cloud, data, and digital solutions. His extensive prior experience at industry giants such as Wipro, Cognizant, and Infosys include successfully leading Fortune 10 global client relationships and implementing transformative solutions across Banking, Financial Services, and Healthcare industries. Sridhar is highly regarded for his ability to lead global cross-functional teams, foster collaboration, and achieve aggressive business goals while consistently delivering high levels of client satisfaction.
“I am deeply honored to join Trianz and contribute to its mission of shaping the future through digital transformation,” said Sridhar. “Together, we will push the boundaries of what’s possible and drive meaningful impact for our clients in this rapidly evolving digital landscape.”
Based out of Minnesota, US, Sridhar has steered numerous clients towards success through the strategic application of Digital, Cloud, Product Engineering, Data, AI, and Application services, making him a seasoned strategist in today’s dynamic digital landscape. His appointment marks a significant milestone in Trianz’s journey to nurturing talent and delivering world-class solutions.
About Trianz
Trianz is a leading-edge technology platforms and services company that accelerates digital transformations at Fortune 100 and emerging companies worldwide in data & analytics, digital experiences, cloud infrastructure, and security. Our “IP Led Transformations” approach, informed by insights from a recent global study spanning 20+ industries and 5000+ companies, addresses challenges posed by the rapid pace of AI-driven transformation, digital talent scarcity, and economic uncertainty. Our IP and platforms, including Concierto, Extrica, and Pulse, revolutionize cloud adoption, data analytics, and AI insights, empowering organizations to navigate the complexities of digital transformation seamlessly.
Founded in California and with an organization of over 2,000 associates across the United States and India, Trianz is a Premier Partner of AWS, consistently rated #1 by clients for value delivery over the past five years. Trianz has been ranked as one of the best Consulting Firms by Forbes and has been certified as a Great Place to Work for three years in a row. To learn more about Trianz, email [email protected] or visit www.trianz.com.
Watch Trianz CEO Sri Manchala’s insightful interview with Bloomberg on Partner | Crossing The Digital Faultline & Leading Towards Transformative Success – YouTube and delve deeper into his book Crossing the Digital Faultline at Crossing the Digital Faultline | Trianz.
Trianz Media Team : [email protected]+1-408-387-5800
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2024 World Digital Health Forum: AI at the Forefront of Healthcare Innovation

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BEIJING, May 1, 2024 /PRNewswire/ — Hosted by Tsinghua University and its partners, the 2024 World Digital Health Forum emerged as a cornerstone of the ZGC Forum’s AI Theme Day. Held in Beijing’s tech-centric Haidian District, this event attracted over 700,000 online attendees from around the globe. The forum was a collaboration with the Haidian District People’s Government, the Chinese Institute of Electronics, Tsinghua University School of Clinical Medicine, and the China Association for the Promotion of Science and Technology Industrialization, highlighting pioneering innovations and fostering global partnerships to enhance patient well-being.

The Forum showcased an impressive lineup of speakers, each contributing unique insights into the evolving digital health landscape. Notable among them were Dong Jiahong, President of the Academic Committee at Tsinghua University School of Clinical Medicine, and Andrew Chi-Chih Yao, Dean of the Institute for Interdisciplinary Information Sciences at Tsinghua University and the recipient of the 2000 Turing Award. Speeches from Mustafa Shehu, President of the World Federation of Engineering Organizations, and Martin Taylor, WHO Representative in China, enriched the overall perspectives presented at the Forum. Attended by 19 academicians and 70 deans, the event spurred extensive discussions on the future of healthcare in an era increasingly shaped by AI.
A highlight of the Forum was the release of the “Tsinghua Urban Health Index,” which provides a comprehensive assessment of health services across 296 Chinese cities, establishing a new benchmark in health metrics to aid governmental and regional health planning. In addition, the “World Digital Health Forum Declaration” was ratified, laying down a robust framework for universal access to healthcare, and underscoring the importance of collaboration, ethical standards, and innovation-driven changes in global healthcare practices.
The Principal’s Dialogue, a pivotal segment of the Forum, brought together leaders from premier universities to discuss advancing new productive forces and constructing a robust medical talent-cultivating system. During this session, Tsinghua University highlighted its plans to develop an integrated education system connecting hospitals, medical schools, and research institutions. This approach aims to nurture students who are not only skilled in interdisciplinary collaboration but also deeply grounded in humanistic values. The dialogue explored the transformative impact of AI and digital technologies in enhancing diagnostic accuracy and treatment efficacy. They particularly noted the potential for these technologies to enable real-time, remote medical guidance in regions with limited medical resources, enhancing a balanced healthcare delivery nationwide. Additionally, panelists stressed the importance of maintaining an ethical and patient-centric approach in developing and adopting digital health technologies. They advocated for dynamic systems that can adapt to the evolving needs of patients throughout their lifetimes.
The 2024 World Digital Health Forum facilitated high-level discussions and catalyzed future innovations in the digital health sphere. It aims to advance the digital health industry, integrate digital technologies with health and life sciences, and foster new developments in health careers. In doing so, it seeks to enhance global health outcomes and contribute to the collective well-being of communities globally.
Media Enquiries: 
Global Communication Office, [email protected]
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