Disposable Syringes Market by Type (Conventional Syringes, Safety Syringes), Specification (10ml, 1ml, 20ml), Technology, Route of Adminstration, Application - Global Forecast 2024-2030

Disposable Syringes Market by Type (Conventional Syringes, Safety Syringes), Specification (10ml, 1ml, 20ml), Technology, Route of Adminstration, Application - Global Forecast 2024-2030

The Disposable Syringes Market size was estimated at USD 16.73 billion in 2023 and expected to reach USD 18.19 billion in 2024, at a CAGR 8.81% to reach USD 30.22 billion by 2030.

The disposable syringes are designed to be discarded after one use, preventing the spread of infections and diseases. The market covers various types of disposable syringes, including insulin syringes, tuberculin syringes, and others. The increasing incidence of chronic diseases that require injectable treatments, such as diabetes, raises the need for disposable syringes. Rising awareness of the importance of using sterile products to prevent cross-contamination and infections is further expanding the need for syringes. Rising healthcare expansion in developing countries increases the need for disposable medical supplies, including syringes. Partnerships with governments and organizations to supply syringes for immunization programs, especially in light of ongoing global vaccination efforts, create a platform for market growth. Environmental concerns regarding the disposal of medical waste and its impact on pollution hampers the market growth. Growing improvements in syringe design for better patient comfort and ease of use and rising investments in the development of smart syringes integrated with technology for accurate dosing and patient adherence tracking are expected to fuel the market growth.

Regional Insights

In the Americas, the disposable syringes market is expanding, driven by a high availability of medical facilities and a strong focus on healthcare regulations. The rising prevalence of chronic diseases, coupled with an increasing number of hospitalizations, significantly contributes to the utilization of disposable syringes. South America is expanding with a robust healthcare system and stringent government regulations, ensuring the need for safe injection practices and creating a platform for market growth. EU countries exhibit a diverse and comprehensive market for disposable syringes, supported by favorable healthcare policies and a sturdy infrastructure. The rising geriatric population and subsequent increase in diseases requiring injectables fuel the need for disposable syringes within the region. In the Middle East, increased healthcare expenditure and growing medical tourism are positively influencing the disposable syringes market. The African market is gradually evolving with the expansion of healthcare services and a growing awareness of safe injection practices. Asia Pacific, particularly China, Japan, and India, represents a rapidly growing market for disposable syringes. Factors such as expanding healthcare infrastructure, increased healthcare spending, and growing patient awareness are driving the market in this region.

Market Insights

• Market Dynamics
  
  The market dynamics represent an ever-changing landscape of the Disposable Syringes Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
  • Market Drivers
    • Surge in Prevalence of Chronic Diseases and Healthcare-Associated Infections
    • Increasing Demand for Self-Injection Devices & Long-Acting Formulations
    • Market Restraints
      • Fluctuating Prices of Raw Material and Increasing Product Recalls
      • Market Opportunities
        • Development of Bio-Based Disposable Syringes and Expansion of Production Facilities
        • Research and Development and New Innovations in Disposable Syringe
        • Market Challenges
          • Concerns Related to Safe Destruction and Disposal of Syringes
          • Market Segmentation Analysis
            • Type: Growing usage of safety syringes due to regulatory environments that mandate their use to enhance occupational safety
            • Specification: Rising preference for 30ml syringes for specific medical procedures that require the administration of large volumes
            • Route of Administration: Expanding need for intravenous (IV) injections for the administration of liquid medication
            • Application: Growing application of disposable syringes for immunization to ensure safety and efficacy in public health campaigns
            • Market Disruption Analysis
            • Porter’s Five Forces Analysis
            • Value Chain & Critical Path Analysis
            • Pricing Analysis
            • Technology Analysis
            • Patent Analysis
            • Trade Analysis
            • Regulatory Framework Analysis
            FPNV Positioning Matrix
            
            The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Disposable Syringes Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
            
            Market Share Analysis
            
            The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Disposable Syringes Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
            
            Recent Developments
            • Marubeni Acquires Stake in PT One-ject Indonesia, a Manufacturer of Medical Consumables
              
              Marubeni Corporation, with its decisive investment strategy, has further expanded its portfolio in the medical sector through Marubeni Growth Capital Asia Pte. Ltd., its wholly-owned subsidiary in Singapore. This strategic financial move has placed Marubeni as a stakeholder in PT One-ject Indonesia, which stands at the forefront of producing medical consumables within the Indonesian market. Oneject's positioning as a key player underscores Marubeni’s commitment to fostering growth and innovation in the healthcare industry, particularly in the crucial segment of disposable syringes essential for medical safety and operational efficiency.
              
              Genixus Adds Manufacturing Facility for Syringe Production
              
              Genixus, an innovative leader specializing in the development of drug delivery systems, is set to expand its operations by constructing a new 30,000-square-foot facility in North Carolina, United States. This strategic development would be equipped with state-of-the-art automated manufacturing technology dedicated to enhancing the production of its revolutionary KinetiX syringe platform. Distinguished by its use of durable plastic polymer materials, the KinetiX syringes are designed for immediate administration, featuring an intuitive color-coded labeling system and matching plungers for expedited identification, thereby simplifying verification processes and bolstering the efficiency of medical tracking.
            Strategy Analysis & Recommendation
            
            The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Disposable Syringes Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
            
            Key Company Profiles
            
            The report delves into recent significant developments in the Disposable Syringes Market, highlighting leading vendors and their innovative profiles. These include AdvaCare Pharma, ALMO-Erzeugnisse Erwin Busch GmbH, B. Braun SE, Baxter International, Inc., Becton, Dickinson and Company, Cole-Parmer Instrument Company, LLC, Fresenius Kabi AG, GPE–Plast Engineering GmbH, Henke Sass Wolf GmbH, Hindustan Syringes & Medical Devices Ltd., Hu-Friedy Mfg Co, LLC, ICU Medical, Inc., ISCON SURGICALS LTD., Jiangsu Shenli Medical Production Co., Ltd., KD Medical GmbH Hospital Products, Nipro Corporation, Novo Nordisk A/S, Retractable Technologies, Inc., Shree Umiya Surgical Pvt. Ltd., Sulzer Ltd., Taizhou Sanxin Medical Technology Co., Ltd., Terumo Corporation, Thermo Fisher Scientific Inc., UltiMed, Inc., Vita Needle Company, Weigao Group Medical Polymer Co., Ltd., and Yangzhou Medline Industry Co., Ltd..
            
            Market Segmentation & Coverage
            
            This research report categorizes the Disposable Syringes Market to forecast the revenues and analyze trends in each of the following sub-markets:
            • Type
              • Conventional Syringes
              • Safety Syringes
                • Non-Retractable Safety Syringes
                • Retractable Safety Syringes
                • Specification
                  • 10ml
                  • 1ml
                  • 20ml
                  • 2ml
                  • 30ml
                  • 3ml
                  • 50ml
                  • 5ml
                  • Technology
                    • Screw Mouth Type
                    • Single-use Insulin Syringe
                    • Single-use Self-destructing Syringe
                    • Three-piece Type
                    • Two-piece Type
                    • Route of Adminstration
                      • Intramuscular Injection
                      • Intravenous Injection of Liquid Medicine
                      • Subcutaneous Injection
                      • Application
                        • Immunization Injections
                        • Therapeutic Injections
                        • Region
                          • Americas
                            • Argentina
                            • Brazil
                            • Canada
                            • Mexico
                            • United States
                              • California
                              • Florida
                              • Illinois
                              • New York
                              • Ohio
                              • Pennsylvania
                              • Texas
                              • Asia-Pacific
                                • Australia
                                • China
                                • India
                                • Indonesia
                                • Japan
                                • Malaysia
                                • Philippines
                                • Singapore
                                • South Korea
                                • Taiwan
                                • Thailand
                                • Vietnam
                                • Europe, Middle East & Africa
                                  • Denmark
                                  • Egypt
                                  • Finland
                                  • France
                                  • Germany
                                  • Israel
                                  • Italy
                                  • Netherlands
                                  • Nigeria
                                  • Norway
                                  • Poland
                                  • Qatar
                                  • Russia
                                  • Saudi Arabia
                                  • South Africa
                                  • Spain
                                  • Sweden
                                  • Switzerland
                                  • Turkey
                                  • United Arab Emirates
                                  • United Kingdom
                                  
                                  
                                  Please Note: PDF & Excel + Online Access - 1 Year