ASEAN Disposable Syringes Market Analysis 2021-2031

The ASEAN disposable syringes market is anticipated to grow with a CAGR of 7.1% during the forecast period, i.e., 2022-2031. Factors such as the growing elderly population, surge in government initiatives for the research and development of advanced drugs, along with the increasing need for advanced pharmaceutical drugs are expected to drive the growth of the market during the forecast period. Additionally, the surge in the prevalence of different types of chronic diseases is also projected to contribute to the growth of the market in the coming years. The market is estimated to garner a revenue of around USD 490 Million by the end of 2031, up from a revenue of near to USD 250 Million in the year 2021.

The ASEAN disposable syringes market is segmented into numerous segments, which include segmentation by type, syringe tip, application immunization injections, end-user, and by country. By type, the market is segmented into general/conventional syringes, safety syringes, and pre-filled syringes. By the end of 2031, the safety syringes segment is anticipated to garner the largest revenue of near to USD 330 Million. Additionally, in the year 2021, the segment generated a revenue of about USD 170 Million.

Regionally, the ASEAN disposable syringes market is segmented into Malaysia, Singapore, Thailand, Vietnam, Indonesia, Philippines, Myanmar, and the Rest of ASEAN. By the end of 2031, the market in Singapore region is projected to garner the largest revenue of close to USD 200 Million. Additionally, the market in the nation generated a revenue of about USD 100 Million in the year 2021.

Some of the prominent industry leaders in the ASEAN disposable syringes market that are included in our report are KAWAMOTO CORPORATION, Baxter International Inc., Becton, Dickinson, and Company, NIPRO Corporation, Terumo Corporation, Nemoto Kyorindo Co., Ltd., B. Braun Melsungen AG, Cardinal Health, and others.