Spirometer Calibration Syringe: Market Size
We could not find or triangulate the U.S. market size for either spirometer calibration syringes or calibration syringes overall. An explanation of how and where we looked for that information, though we were ultimately unable to find it, is provided in the Research Strategy section below. The few, indirectly related data points we found pertaining to the U.S. or North American (included due to lack of U.S.-specific data) syringe markets are provided below, which we included in an effort to provide as much information as we could despite the unavailability of the specific data requested.
U.S. & North American Market Size Statistics
- In 2019, the North American market size for prefilled syringes totaled $1.52 billion. That equates to a current (2020) market size of slightly over $1.6 billion ($1.52 billion x 0.0551 (representing the compound annual growth rate (CAGR) of 5.51%) = $83,752,000; Then $1.52 billion + $83,752,000).
- The size of the U.S. "syringes and needles market" in 2014 totaled approximately $2 billion. By 2021, that market size was projected to exceed $2.5 billion.
- In 2018, the size of the global "disposable syringes market" was $7.1 billion and North America's share of the market that year was 47.1%, which equates to a North American market size of slightly over $3.34 billion ($7.1 billion x 0.471 (representing the 47.1% market share)). That equates to a current (2020) market size for North America of slightly over $3.7 billion. We calculated that current market size in North America as follows: 2019 ($3,344,100,000 (2018 market size) x 0.056 (representing the 5.6% CAGR) =$187,269,600; Then $3,344,100,000 + $187,269,600 = $3,531,369,600); 2020 ($3,531,369,600 (previously calculated 2019 market size) x 0.056 = $197,756,697.6; Then $3,531,369,600 + $197,756,697.6 = $3,729,125,697.6).
We looked thoroughly for, but ultimately could not find any information whatsoever about the U.S. market size for spirometer calibration syringes or the overall calibration syringe market. We could not even find the size of either of those markets globally. We looked for information about those market sizes through three research approaches. First, we thoroughly reviewed available market research reports from sources such as IBIS World and Allied Market Research, though not a single one of those reports was specifically about the spirometer calibration syringes market or the calibration syringes market as a whole. Furthermore, most of the market research reports we found about those related markets (such as syringes in general) were global in scope and didn’t provide a breakdown by country (nor did any other source), so we could not triangulate market size. Second, we checked the Statista database to see if we could find any data about the U.S. market size for spirometer calibration syringes or calibration syringes. The only indirectly related data we found through Statista was the size of the U.S. "syringes and needles market", which we mentioned above. As a third research approach, we also conducted wide-ranging searches for any articles that might have mentioned information about the size of either market in the U.S. However, we didn't find a single article during our research that included that information. Throughout our research, we also looked for any data that we might have been able to use to triangulate the U.S. market size for spirometer calibration syringes or calibration syringes in general, but we didn't find any such information that was sufficient for us to do so.