Diagnostic Imaging Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Product Type (X-Ray, Ultrasound, Computed Tomography, Nuclear Imaging, and Magnetic Resonance Imaging), By Application (Oncology, Neurology,

Diagnostic Imaging Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028

In 2022, the Global Disposable Syringes Market reached a valuation of USD 14.20 billion, and it is poised for remarkable growth in the forecast period with a projected Compound Annual Growth Rate (CAGR) of 6.10% through 2028.

Disposable syringes consist of a plastic barrel and a needle, available in various sizes. They are employed for the safe administration of fluids, liquids, or chemicals into the human body. The key advantage of disposable syringes is their single-use nature, eliminating the need for maintenance and sterilization. This not only reduces operational costs but also minimizes the risk of post-sterilization infections. Additionally, disposable syringes are equipped with needle covers to maintain sterility and prevent accidental contact.

The disposability of these syringes facilitates efficient mass production, resulting in cost-effectiveness. Different types of disposable syringes are categorized based on factors such as size, tip design, and needle length, ensuring compatibility and suitability for various medical applications.

Key Market Drivers

Growing Prevalence of Chronic Disorders

The surge in the cases of chronic disease and surging needle stick injuries are significantly contributing to the growth of the safety syringe market. According to a report by the Centers for Disease Control and Prevention (CDC), more than 3 million healthcare workers in the United States alone are exposed to blood and body fluid through sharp and mucocutaneous injuries, resulting in 6 million needlestick injuries annually. These needlestick injuries pose a considerable risk of infections, with transmission rates ranging from as low as 0.2% to 0.5% for HIV to as high as 3% to 10% for the Hepatitis C virus. In the case of the Hepatitis B virus, the risk of infection can escalate to a staggering 40%. The potential fatality of these infections has prompted many countries to enforce mandatory regulations for the use of safety syringes, as they have proven to be effective in reducing such infections. As a result, the demand for disposable syringes continues to grow, driven by these critical factors and the pressing need for enhanced patient safety and infection control measures.

Increase In the Geriatric Population

Another significant driver for growth is the escalating geriatric population worldwide. Type 2 Diabetes primarily affects individuals aged 45 and above, but its prevalence is gradually increasing among younger age groups. Approximately 9.6% of the global population, which stands at 7.875 billion people, comprises individuals aged 65 and above. The geriatric population is also prone to various health conditions beyond diabetes due to their advanced age. These conditions necessitate medical attention and the administration of medicinal fluids, thereby fueling the growth of the Disposable Syringes market. Technological advancements in Disposable Syringes enhance their appeal and act as catalysts for market growth. In addition to treating various diseases, the rising demand for collecting blood samples, driven by the prevalence of diverse medical conditions, further contributes to the expansion of the Global Disposable Syringes Market.

The increasing instances of botox injections also propel the demand for disposable syringes, consequently driving market growth. According to the plastic surgery statistics report from the American Society of Plastic Surgeons, approximately 7.4 million botulinum toxin (Botox) injections and 2.6 million dermal filler injections were administered in 2018.

Rise in Global Cases of Needle-stick Injuries

Needle-stick injuries, which are percutaneous piercing wounds caused by needle tips, have become a growing concern in healthcare settings. These injuries can occur during various activities such as using, handling, disassembling, or disposing of needles and syringes. Due to their high incidence rate and associated serious consequences, healthcare professionals are increasingly using syringes with safety mechanisms to mitigate the risk. This growing emphasis on safety is driving the demand for disposable syringes in the market.

According to Eucomed, an organization representing the medical technology industry in Europe, approximately 1 million needle-stick injuries occur in the region each year. This alarming statistic highlights the urgent need for preventive measures and safer medical devices.

The global disposable syringes market is also influenced by the sustained growth of the injectable drugs market and the increasing demand for point-of-care administration. As more medications are administered through injections, the demand for disposable syringes continues to rise. Technological advancements in the manufacturing of disposable syringes play a crucial role in driving the market forward. Innovations in materials, design, and safety features are enhancing the performance and usability of disposable syringes, making them more reliable and convenient for healthcare professionals. The prevalence of needle-stick injuries and the need for safer medical devices have propelled the global disposable syringes market. With the increasing focus on patient and healthcare worker safety, the demand for disposable syringes is expected to grow steadily in the coming years.

Increasing Number of Patients At Risk Of Developing Stroke

The increasing number of patients at risk of developing strokes has triggered a significant surge in the demand for disposable syringes. This growing healthcare concern is a direct consequence of several factors, including an aging population, lifestyle changes, and an overall rise in chronic health conditions such as hypertension and diabetes. As individuals age, their susceptibility to strokes and related complications rises, necessitating frequent medical interventions and injections.

Disposable syringes have become an indispensable tool in the prevention, diagnosis, and treatment of stroke-related issues. Patients suffering from strokes or at risk of developing them often require regular blood tests to monitor their cholesterol levels, coagulation factors, and glucose levels. These syringes play a pivotal role in drawing blood samples with precision, minimizing the risk of contamination, and ensuring the safety of healthcare professionals and patients alike.

The administration of medications, such as anticoagulants and thrombolytics, through disposable syringes has become commonplace in the management of stroke patients. The single-use nature of these syringes ensures accurate dosing, reduces the risk of infections, and eliminates the need for complex sterilization processes, thus improving overall patient care and safety. The increasing prevalence of stroke risk factors has intensified the demand for disposable syringes in the healthcare sector. These versatile instruments are not only instrumental in diagnosing and treating strokes but also in managing associated conditions, making them an essential component of modern medical practice in addressing the growing stroke epidemic. As healthcare providers strive to deliver the highest standard of care to an expanding patient base, the role of disposable syringes in stroke management is set to become even more crucial.

Key Market Challenges

Comparatively High One-time Cost

In underdeveloped economies and even in some regions of developing economies, there exists a significant lack of awareness regarding healthcare and safety issues. This lack of awareness poses a grave risk, as people remain oblivious to the fact that the unsafe practice of using non-retractable syringes can lead to the rapid spread of numerous contagious diseases and infections. The consequences of such situations can be fatal, further exacerbating the urgency to address this issue.

Moreover, in underdeveloped countries, a multitude of challenges such as inadequate infrastructure, limited resources, inadequate education, and insufficient technology contribute to the overall lack of awareness about safety laws and best practices in healthcare centers. These factors, combined with the comparatively higher cost of retractable safety syringes compared to conventional syringes, act as major restraints to the market's growth and the adoption of safer healthcare practices.

Addressing these multifaceted challenges requires concerted efforts from various stakeholders, including governments, healthcare organizations, and international bodies. By prioritizing education, improving infrastructure, and facilitating access to affordable safety syringes, we can work towards creating a safer healthcare environment for all individuals, regardless of their geographical location or economic status.

Stringent Government Regulations

Stringent government regulations have had a significant impact on the demand for disposable syringes, creating a challenging environment for both manufacturers and healthcare providers. While regulations are often implemented with the intention of ensuring safety and quality standards, they can sometimes unintentionally hinder the accessibility and affordability of disposable syringes. One of the keyways in which stringent regulations affect demand is through the rigorous certification and approval processes imposed on manufacturers. These processes often demand substantial time and financial resources, leading to delayed market entry and increased production costs. Consequently, these added expenses are often passed on to healthcare facilities and consumers, making disposable syringes more expensive and reducing their overall demand.

While stringent government regulations are essential for ensuring the safety and efficacy of medical devices like disposable syringes, they can inadvertently impede demand by increasing production costs, limiting innovation, and driving up prices. Balancing the need for safety with the need for affordable and accessible healthcare tools is a delicate task that policymakers must carefully consider ensuring that regulations do not hinder the vital role disposable syringes play in healthcare delivery.

Key Market Trends

Increasing Initiatives by Governments and Organizations

Governments and international health organizations are placing a growing emphasis on immunization and vaccination campaigns. This focus, especially in light of global health crises like the COVID-19 pandemic, has led to a surge in vaccine production and distribution efforts. Disposable syringes are pivotal in this context, as they ensure accurate and safe administration of vaccines. As governments commit to mass vaccination campaigns and bolster their healthcare infrastructure, the demand for disposable syringes is set to soar. Initiatives aimed at reducing the transmission of infectious diseases are driving up the demand for safe injection practices. Governments and organizations are increasingly investing in harm reduction programs, particularly in regions facing challenges related to intravenous drug use and HIV transmission. These programs often involve the distribution of sterile, single-use syringes to minimize the risk of infections. Consequently, the demand for disposable syringes is expected to increase as these harm reduction efforts expand.

Moreover, there is a growing recognition of the importance of healthcare hygiene and infection control, which further fuels the demand for disposable syringes. Hospitals, clinics, and healthcare facilities worldwide are adopting stricter protocols to minimize the risk of healthcare-associated infections. Disposable syringes, being inherently sterile and single-use, are a crucial component in achieving these objectives.

Rising Use of Autoinjector Syringes

The disposable syringe industry is undergoing gradual transformation attributed to rapid technological advancements in auto injector syringes, coupled with increasing market demand for safety syringes in surgical procedures. Currently, over 20 pharmaceutical companies have produced nearly 80 autoinjectors, with approximately 50 medications being developed as combination products for use with autoinjectors. Among these, disposable autoinjectors account for 62% of the market share, while reusable autoinjectors with various doses are being developed at an impressive pace. The device manufacturing industry has emphasized the need for user-friendly gadgets, both for emergency use and chronic medical conditions.

Notably, there are approximately 1.3 billion disposable pens with insulin cartridges in circulation, offering conveniences such as a large display, dose adjustment, and easy cartridge replacement for reusable pens. Autoinjector syringes have gained popularity as a practical means of medication delivery, particularly for patients with limited dexterity. Most autoinjectors are one-use, disposable, and spring-loaded syringes. The increasing involvement of patients and caregivers in selecting the optimal treatment option for disposable autoinjector syringes is a key driver for the revenue growth in this market.

Segmental Insights

Product Insights

On the basis of product, the market is fragmented into conventional syringe and safety syringe. The safety disposable syringe segment held the highest revenue share in the market in 2022. This is primarily attributed to the increasing awareness about the importance of safety measures in healthcare settings and the rising need to prevent needlestick injuries. Moreover, the high prevalence of blood-borne transmission diseases like hepatitis B, C, and HIV due to improper injection practices has further fueled the demand for safety syringes. Healthcare professionals and organizations are increasingly adopting safety syringes as a preventive measure to reduce the risk of infections and ensure patient safety. The growing emphasis on infection control protocols and the implementation of stringent regulations in healthcare facilities are also contributing to the market growth.

Application Insights

By application, the market is bifurcated into immunization injections and therapeutic injections. In 2022, the immunization injections segment garnered a significant revenue share in the market. The importance of immunization injections lies in their role in preventing the spread of diseases and protecting public health. As vaccination is primarily a mass activity, it becomes crucial to ensure the safety and efficacy of the process. Therefore, the risk of spreading blood-borne pathogens must be minimized, and one way to achieve this is by avoiding syringe and needle reuse, which helps reduce the risk of needle stick injuries.

The choice of injections used also depends on various factors, including the safety, cost, and type of vaccine to be administered. If all vaccines are available in the prefilled form, prefilled auto-disable syringes are often recommended. These syringes provide convenience, accuracy, and safety in administering vaccines, further enhancing the overall immunization process. Ensuring proper injection practices, such as using the right type of syringe and needle, plays a vital role in maintaining the integrity of the immunization process and safeguarding public health.

Regional Insights

In 2022, the North America region emerged as the leader in the market, generating the highest revenue share. This can be attributed to several factors, including the region's extensive availability of disposable syringes, which has facilitated the growing demand for injectable drugs. Moreover, the increasing prevalence of chronic and lifestyle diseases in the region has further contributed to this trend. Additionally, there is a growing emphasis on ensuring patient and healthcare provider safety, which is expected to significantly drive market expansion.

Furthermore, the advanced healthcare infrastructure in North America, coupled with highly qualified medical professionals, has resulted in a substantial surge in the use of disposable syringes across various healthcare settings such as hospitals, specialist clinics, and diagnostic facilities. This widespread adoption of disposable syringes underscores the region's commitment to providing safe and efficient healthcare services to its population.

Key Market Players

Gerresheimer AG

Baxter International Inc.

Becton, Dickinson and Company

B. Braun SE

Cardinal Health, Inc.

Schott AG

Hindustan Syringes & Medical Devices Ltd

Nipro Corporation

Retractable Technologies Inc.

Terumo Corporation

Report Scope:

In this report, the Global Disposable Syringes Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Disposable Syringes Market, By Product:
• Conventional Syringes
• Safety Syringes
• Disposable Syringes Market, By Application:
• Immunization Injections
• Therapeutic Injections
• Disposable Syringes Market, By End User:
• Hospitals & Clinics
• Ambulatory Care Centres
• Diagnostic Centres
• Others
• Disposable Syringes Market, By Region:
• North America
• United States
• Canada
• Mexico
• Europe
• France
• United Kingdom
• Italy
• Germany
• Spain
• Asia-Pacific
• China
• India
• Japan
• Australia
• South Korea
• South America
• Brazil
• Argentina
• Colombia
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE
• Kuwait
• Turkey
• Egypt

Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Disposable Syringes Market.

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order. Single User license will be delivered in PDF format without printing rights