Disposable Syringes Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Product (Conventional Syringes, Safety Syringes), By Application (Immunization Injections, Therapeutic Injections), By End User (Hospitals & Clinics, Ambulatory Care Centers, Diagnostic Centers, Others), By Region and Competition
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Healthcare | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationDisposable Syringes Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Product (Conventional Syringes, Safety Syringes), By Application (Immunization Injections, Therapeutic Injections), By End User (Hospitals & Clinics, Ambulatory Care Centers, Diagnostic Centers, Others), By Region and Competition
| Forecast Period | 2024-2028 |
| Market Size (2022) | USD 14.20 Billion |
| CAGR (2023-2028) | 6.10% |
| Fastest Growing Segment | Hospitals & Clinics |
| Largest Market | North America |
Market Overview
Key Market Drivers
Growing Prevalence of Chronic Disorders
Increase In the Geriatric Population
Rise in Global Cases of Needle-stick Injuries
Increasing Number of Patients At Risk Of Developing Stroke
Key Market Challenges
Comparatively High One-time Cost
Stringent Government Regulations
Key Market Trends
Increasing Initiatives by Governments and Organizations
Rising Use of Autoinjector Syringes
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 found at 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
Recent Developments
- In March 2023, Genixus has planned to constructa 30,000-square-foot manufacturing facility in North Carolina, United States.The facility will be equipped with automated manufacturing equipment to supportthe KinetiX syringe, a plastic-based ready-to-administer platform.
- In May 2022, SCHOTT Pharma inaugurated itsstate-of-the-art manufacturing facility for high-end polymer pre-fillablesyringes in Müllheim, Germany.
- In January 2020, Nipro Corporation successfullyacquired JMI Marketing Ltd., a renowned medical device organization based inBangladesh. The acquisition was facilitated through Nipro Asia Pte Ltd. Thisstrategic move has enabled Nipro Corporation to capture a significant marketshare in Bangladesh's rapidly growing economy for disposable medical devicessuch as syringes and infusion sets. Consequently, Nipro Corporation hasestablished a strong foothold in the disposable syringes market.
Key Market Players
- Gerresheimer AG
- Baxter International Inc.
- Becton, Dickinson and Company
- B. Braun SE
- Cardinal Health, Inc.
- Schott AG
- Hindustan Syringes & MedicalDevices Ltd
- Nipro Corporation
- Retractable Technologies Inc.
- Terumo Corporation
| By Product | By Application | By End User | By Region | |
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