Disposable Syringes Market Size, Share, Trends, Growth and Forecast 2032

Disposable Syringes Market Insights

As per the published report by Market Research Store, the global Disposable Syringes Market size was estimated at USD 8.44 Billion in 2023 and is anticipated to reach USD 12.87 Billion by 2032, growing at a projected CAGR of 4.8%. The report provides a detailed analysis of the global market, including market trends, market dynamics, and market opportunities during the forecast period (2024-2032). It delves deeper into several market facets, such as market definition, size, growth, forecast, segmentation, competitive analysis, growth drivers, restraints, financial analysis, SWOT analysis, PORTER’s five force analysis, PESTEL analysis, market share analysis, cost-benefit analysis, challenges, restraints, strategic recommendations, and market players.

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Global Disposable Syringes Market: Overview

A syringe made for one-time use and disposed of after that is known as disposable syringes. A syringe is a sterile medical instrument that is cylindrical in shape and has a thin hollow needle at one end of the body. It acts as a pump to draw a therapeutic liquid from vials and catered them to the body of the patients. Also, the syringes are used for the extraction of fluids like blood from the body of the patients. However, there is a wide range of disposable syringes present in the market like safe and conventional disposable syringes.

Global Disposable Syringes Market: Growth Factors

The growth in the utilization of injectable drugs owing to the lack of availability and biocompatibility of conventional drug delivery systems is one of the major factors driving the growth of the global disposable syringes market. Moreover, the growing prevalence of chronic diseases that need a disposable syringe system to prevent the spread of the disease further from one patient to another is propelling the demand for disposable syringes. However, several other factors like growing funding from government authorities to boost the regional healthcare infrastructure and the growing cases of needlestick injuries will also boost the growth of the market globally.

However, the growing potential of the market is likely to create many lucrative growth opportunities in the global disposable syringes market during the forecast period. However, the development of long-acting formulation coupled with self-injection devices that offer higher efficacy and also lower the side effects is another key reason that will augment the growth of the market in the forthcoming years. The growing funding from manufacturers to boost the research and development of new drugs that possess more potential than the existing ones will contribute vigorously towards the development of advanced syringes in the market.

Global Disposable Syringes Market: Segmentation

The global disposable syringes market can be segmented into application, product type, and region.

By Application, the market can be segmented into thermoplastic and immunization injections. The therapeutic injection segment accounts for the largest share in the global disposable syringes market due to the growing prevalence of several chronic disorders like cancer and diabetes that need the constant administration of different therapeutic drugs with the help of disposable syringes. The emergence of new injectable drugs will augment the growth of the segment as it is expected that these injectable drugs will substitute the daily antiretroviral pill medication with one dosage of injection in a week.

By Product type, the market can be segmented into safety and convectional disposable syringes. The safety disposable syringes segment holds the largest share in the global disposable syringes market. The growth can be attributed to its high adoption rate. Moreover, the growing awareness among clinicians regarding the various benefits offered by such devices further fuels the growth of the segment. Also, the elimination of the risk of individual-to-individual transfer of infections with a safety disposable syringe is another key reason that will escalate the growth of the segment during the forecast period.

Disposable Syringes Market: Report Scope

Global Disposable Syringes Market: Regional analysis

North America accounts for the largest share in the global disposable syringes market due to the growing prevalence of chronic diseases that need immunization injections. Moreover, the easy availability of various disposable syringes in the region will further escalate the growth of the regional market.

Europe is foreseen to witness steady growth with a high CAGR in the forthcoming years due to the well-developed healthcare infrastructure in the region. The growing awareness among customers regarding the availability of self-injections will significantly promulgate the growth of the regional market in the forthcoming years.

Global Disposable Syringes Market: Competitive Players

Some of the significant players in the global disposable syringes market are:

• Henke-Sass Wolf
• Retractable Technologies, Inc.
• Terumo Corporation
• Nipro Medical Corporation
• Vita Needle Company
• Cardinal Health
• Dickinson and Company
• Becton
• Novo Nordisk A/S
• B. Braun Melsungen AG
• Baxter International Inc.

The global Disposable Syringes Market is segmented as follows:  

By Application 

• thermoplastic
• immunization injections

By Product type 

• safety and 
• convectional disposable syringes

Global Disposable Syringes Market: Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

What Reports Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.

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