Global Disposable Syringes Market Size study & Forecast, by Product (Conventional Syringes, Safety Syringes), by Application (Immunization Injections, Therapeutic Injections), and Regional Analysis, 2023-2030

Global Disposable Syringes Market Size study & Forecast, by Product (Conventional Syringes, Safety Syringes), by Application (Immunization Injections, Therapeutic Injections), and Regional Analysis, 2023-2030

Global Disposable Syringes Market is valued at approximately USD 14.1 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 6.21% over the forecast period 2023-2030. The Disposable Syringes Market refers to the global industry encompassing the production, distribution, and sale of single-use syringes, which are designed for one-time use and subsequent disposal to ensure hygiene and prevent the risk of cross-contamination. The Disposable Syringes Market is being driven by factors such as an Increase in the number of surgical procedures and a Global increase in the prevalence of chronic diseases.

Disposable syringes are medical devices designed for single-use applications and subsequent disposal reduces the risk of infection. According to the International Diabetes Federation, 537 million adults were living with diabetes in 2021, with one in ten experiencing other diabetes, and it is projected to reach at 783 million cases by year 2045. Thus, rising prevelance of diabetes is driving the market growth. Furthermore, geriatric, and obese populations are predisposed to chronic diseases. According to the World Bank Group, the world old population was 727 million in 2020, and it is predicted to treble over the next three decades, reaching 1.5 billion in 2050. In addition to Increasing awareness about infection control and increasing healthcare expenditure may create lucrative opportunities for the market. However, Stringent Government regulations may hinder the growth of the market throughout the forecast period of 2023-2030.

The key regions considered for the Global Disposable Syringes Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to the aging population and growing prevalence of chronic diseases. Middle East and Africa region is projected to experience the highest growth rate. This growth can be attributed to increased healthcare expenditures and the rapid adoption of modern healthcare facilities, indicating a shift towards improved healthcare infrastructure and accessibility in the region.

Major market player included in this report are:
Nipro Corporation
Fresenius Kabi AG
Baxter International, Inc.
B. Braun Melsungen AG
Terumo Corporation
Novo Nordisk
UltiMed, Inc.
Henke-Sass, Wolf
Retractable Technologies Inc.
Vita Needle Company

Recent Developments in the Market:
In October 2022, Terumo Pharmaceutical Solutions launched introduction of ready-to-fill polymer syringe, designed for challenging biotech drugs and featuring an increased volume capacity, is poised to disrupt the market by addressing a critical need in the pharmaceutical industry and enhancing drug delivery for complex medications.

Global Disposable Syringes Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Product, Application, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Product:
Conventional Syringes
Safety Syringes

By Application:
Immunization Injections
Therapeutic Injections

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Companies
Nipro Corporation
Fresenius Kabi AG
Baxter International, Inc.
B. Braun Melsungen AG
Terumo Corporation
Novo Nordisk
UltiMed, Inc.
Henke-Sass, Wolf
Retractable Technologies Inc.
Vita Needle Company

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