Syringe Market Overview in Japan
In value terms, syringe production skyrocketed to $ in 2019 estimated in export prices. The total output value increased at an average annual rate of +% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 with an increase of % year-to-year. Japan production peaked in 2019 and is likely to see gradual growth in the immediate term.
The value of the syringe market in Japan expanded markedly 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). The market value increased at an average annual rate of +% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when the market value increased by % against the previous year. As a result, consumption reached the peak level of $. From 2017 to 2019, the growth of the market failed to regain the momentum.