Syringe Market Overview in Japan
Market Overview
The Japanese syringe market amounted to $
in 2019, with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a modest increase from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption decreased by -% against 2017 indices. The growth pace was the most rapid in 2016 when the market value increased by % against the previous year. Over the period under review, the market hit record highs at $ in 2017; however, from 2018 to 2019, consumption remained at a lower figure.
In value terms, syringe production rose markedly to $ in 2019 estimated in export prices. The total output value increased at an average annual rate of +% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the production volume increased by % against the previous year. Syringe production peaked in 2019 and is expected to retain growth in years to come.
in 2019, with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a modest increase from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption decreased by -% against 2017 indices. The growth pace was the most rapid in 2016 when the market value increased by % against the previous year. Over the period under review, the market hit record highs at $ in 2017; however, from 2018 to 2019, consumption remained at a lower figure.In value terms, syringe production rose markedly to $
in 2019 estimated in export prices. The total output value increased at an average annual rate of +% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the production volume increased by % against the previous year. Syringe production peaked in 2019 and is expected to retain growth in years to come.Consumption
In 2019, approx. units of syringes, with or without needles were consumed in Japan; picking up by % on 2018. Overall, consumption recorded a modest increase. The pace of growth was the most pronounced in 2018 with an increase of % against the previous year. Syringe consumption peaked in 2019 and is expected to retain growth in the near future.
The value of the syringe market in Japan amounted to $ in 2019, growing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated slight growth from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption decreased by -% against 2017 indices. The pace of growth was the most pronounced in 2016 when the market value increased by % against the previous year. Syringe consumption peaked at $ in 2017; however, from 2018 to 2019, consumption stood at a somewhat lower figure.
units of syringes, with or without needles were consumed in Japan; picking up by % on 2018. Overall, consumption recorded a modest increase. The pace of growth was the most pronounced in 2018 with an increase of % against the previous year. Syringe consumption peaked in 2019 and is expected to retain growth in the near future.The value of the syringe market in Japan amounted to $
in 2019, growing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated slight growth from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption decreased by -% against 2017 indices. The pace of growth was the most pronounced in 2016 when the market value increased by % against the previous year. Syringe consumption peaked at $ in 2017; however, from 2018 to 2019, consumption stood at a somewhat lower figure.Market Forecast
Driven by increasing demand for syringe in Japan, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +% for the period from 2019 to , which is projected to bring the market volume to units by the end of .
% for the period from 2019 to , which is projected to bring the market volume to units by the end of .Market Structure
In 2019, the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review.
% in value terms and % in physical terms. The share of imports remained relatively constant over the period under review.Trade Balance
Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.
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