Increasing prevalence of various chronic diseases, increasing use of botox injections, and high adoption of injectable drugs are key factors driving market revenue growth.
Market Size - USD 7,969.2 Million in 2020, Market Growth - CAGR of 5.3%, Market Trends - High preference for administering injectable formulations among doctors in case of emergency or for quicker recovery of patients.
The global disposable syringes market size is expected to reach USD 12.13 Billion in 2028, and register a CAGR of 5.3% during the forecast period. Market growth can be attributed to major factors such as growing geriatric population, preference for injections over drugs over faster recovery, development of technologically advanced syringes, and need for vaccination and immunization programs globally.
According to estimations by WHO, approximately 16 Billion injections are administered every year globally. This factual information, coupled with need for disposable syringes, that needs to be discarded after one use, to avoid spread of infectious diseases and cross contamination among patients are other major factors driving market growth.
Growing number of patient footfall in hospitals, and clinics, coupled with need for collecting blood samples for various tests are key factors expected to drive demand for disposable syringes from hospitals, clinics, and pathological laboratories.
Disposable syringes are generally made of plastic, if these syringes are not disposed of properly, it can result in severe health issues because of pathogens present in these instruments. These factors could hamper growth of the global disposable syringes market.
Some Key Findings From the Report:
For the purpose of this report, the global disposable syringes market is segmented on the basis of product type, application, end use and region:
Product Type Outlook
Application Outlook
End Use Outlook
Region Outlook
Reasons to Buy the Report
Market Size - USD 7,969.2 Million in 2020, Market Growth - CAGR of 5.3%, Market Trends - High preference for administering injectable formulations among doctors in case of emergency or for quicker recovery of patients.
The global disposable syringes market size is expected to reach USD 12.13 Billion in 2028, and register a CAGR of 5.3% during the forecast period. Market growth can be attributed to major factors such as growing geriatric population, preference for injections over drugs over faster recovery, development of technologically advanced syringes, and need for vaccination and immunization programs globally.
According to estimations by WHO, approximately 16 Billion injections are administered every year globally. This factual information, coupled with need for disposable syringes, that needs to be discarded after one use, to avoid spread of infectious diseases and cross contamination among patients are other major factors driving market growth.
Growing number of patient footfall in hospitals, and clinics, coupled with need for collecting blood samples for various tests are key factors expected to drive demand for disposable syringes from hospitals, clinics, and pathological laboratories.
Disposable syringes are generally made of plastic, if these syringes are not disposed of properly, it can result in severe health issues because of pathogens present in these instruments. These factors could hamper growth of the global disposable syringes market.
Some Key Findings From the Report:
- Among the product type segments, the safety syringes segment accounted for the largest revenue share in the global market in 2020, due to its safety features thus, eliminating the risks associated with it.
- Among the application segments, the therapeutic injections segment accounted for the largest revenue share in the global disposable syringes market in 2020, due to use of disposable syringes for administering insulin to diabetic patients, high prevalence of infectious diseases such as HIV infection, malaria, etc.
- North America market accounted for the largest revenue share in the global disposable syringes market in 2020, growing prevalence of diabetes and other chronic diseases in countries in North America
- The Asia Pacific market is expected to register the highest revenue growth rate over the forecast period, owing to rapidly developing healthcare sector, increasing prevalence of diabetic population, and growing geriatric population resulting in need for disposable syringes to administer drugs.
- Key players profiled in the report include Braun Medical, Inc., Fresenius Kabi AG, Baxter International, Inc., Flextronics International Vita Needle Company, Terumo Corporation, Novo Nordisk, UltiMed, Inc., Henke-Sass, Wolf, Covidien, Retractable Technologies, Inc., and Becton Dickinson and Company. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
- In July 2020, Becton, Dickinson and Company partnered with the US government for Manufacturing Infrastructure Project for Mass Vaccination Campaigns worth USD 70 Million to support the US vaccination program for controlling spread of COVID-19.
For the purpose of this report, the global disposable syringes market is segmented on the basis of product type, application, end use and region:
Product Type Outlook
- General Syringes
- Specialized Syringes
- Safety Syringes
- Pre-filled Syringes
- Others
Application Outlook
- Immunization Injections
- Therapeutic Injections
End Use Outlook
- Hospitals
- Blood collection centers
- Diabetic centers
- Veterinary Clinics
- Others
Region Outlook
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
Reasons to Buy the Report
- A robust analysis and estimation of the Disposable Syringes Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of all the major players in the Disposable Syringes Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Table of Contents
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 3. Indicative Metrics
Chapter 4. Disposable Syringe Segmentation & Impact Analysis
Chapter 5. Disposable Syringe Market By Product Product Type Insights & Trends
Chapter 6. Disposable Syringe Market By Application Insights & Trends
Chapter 7. Disposable Syringe Market By End Use Insights & Trends
Chapter 8. Disposable Syringe Market Regional Outlook
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles
Companies Mentioned
- Braun Medical Inc.
- Fresenius Kabi AG
- Baxter International Inc.
- Flextronics International Vita Needle Company
- Terumo Corporation
- Novo Nordisk
- UltiMed Inc.
- Henke-Sass
- Wolf
- Covidien
- Retractable Technologies Inc.
- Becton Dickinson and Company.
