Syringe Market Overview in Japan
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.
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.