Global Disposable Syringes Market Size By Product Type (General Syringes, Specialized Syringes, Safety Syringes and Pre-filled Syringes), By End-User (Hospitals, Diagnostic Laboratories, Blood Banks, Pharmaceutical Industry, & Others), By Application (Immunization Injections & Therapeutic Injections), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Global Disposable Syringes Market Size By Product Type (General Syringes, Specialized Syringes, Safety Syringes and Pre-filled Syringes), By End-User (Hospitals, Diagnostic Laboratories, Blood Banks, Pharmaceutical Industry, & Others), By Application (Immunization Injections & Therapeutic Injections), By Geographic Scope And Forecast
Disposable Syringes Market Size And Forecast
Disposable Syringes Market size was valued at USD 8.09 Billion in 2021 and is projected to reach USD 13.98 Billion by 2030, growing at a CAGR of 6.27% from 2022 to 2030.
A rising number of chronic diseases, geriatric population, the need of the hour to administer the vaccine in the populations across the globe, and the technological advancements in the area of Disposable Syringes are the primary drivers of the growth of the market. The Global Disposable Syringes Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Disposable Syringes Market Definition
Think of a disposable syringe as a simple tool – a plastic tube with a needle that comes in different sizes. We use it to inject all sorts of things into the body, from medicine to vaccines. The great thing is, you toss it after just one use! No need to clean or sterilize it, which saves money and really cuts down on the risk of infections. That needle even comes with a little cap to keep it clean and protect you from accidental pokes. Because they're disposable, they're also easy and cheap to make. And of course, there are different kinds, depending on what you need – things like the size, the tip type, and how long the needle is are some examples of the various constituents. So, you can choose the perfectdisposable syringe for the job.
So, the syringe tip pretty much dictates how the needle connects to both the syringe and, well, you! There's a bunch of different types, each with its own special purpose. The Luer-Lock Tip is super common. It's great because you can easily swap out or adjust the needle by just twisting it on. Then you've got the slip tip, which is even easier – you just slide the needle right in, no twisting needed. Eccentric tips are handy when injecting meds directly into a vein or when you need to inject something parallel to the skin. Finally, catheter syringe tips have a tapered end that lets tubing slip right on.
Needles differ with their purpose. The diameter of a needle is expressed in the gauge. The more the gauge, the thinner is the needle. A lower needle gauge is used to administer medications to areas of the body with thicker skin. Needle length will indicate the extent of depth to which to which the medications is supposed to be administered in the human body. A longer length indicates a deeper administration of medication, like an intramuscular injection whereas, a shorter needle can be used to administer medications closer to the surface.
Global Disposable Syringes Market Overview
One big reason the Global Disposable Syringes market is growing? The increase in chronic diseases. Just look at diabetesthe IDF Diabetes Atlas Ninth Edition 2019 says nearly 463 million adults had it. And get this, they're expecting that number to jump to a whopping 700 million by 2045! Of the 34 million people with diabetes, a huge chunk – 90-95% – have type 2, and that often means regular injections. Sadly, diabetes was directly responsible for about 1.5 million deaths in 2019 alone. So, yeah, the growing number of chronic illnesses, especially diabetes, is really expected to give the disposable syringes market a major boost.
Let's face it, a big reason the Disposable Syringes market is growing is because the number of older folks around the world is increasing. While Type 2 Diabetes is usually seen in people over 45, it's showing up more and more in younger people too. And get this, nearly 10% of the world's 7.8 billion people are 65 or older! This aging population also has more health issues besides diabetes that need attention. They need medicine and fluids injected, which of course boosts the Disposable Syringes market. Plus, better technology is making syringes more appealing and driving growth. Don't forget the need to draw blood for testing, as that's up thanks to all sorts of illnesses, further pushing demand. Oh, and think about all those botox injections! According to the American Society of Plastic Surgeons' plastic surgery statistics report, we're talking about 7.4 million Botox injections and 2.6 million dermal filler injections in 2018 alone, which also increases the market for disposable syringes.
With COVID-19 vaccination programs rolling out globally, we're seeing a boost in the disposable syringes market. But here's the thingthese syringes are plastic, and if they aren't disposed of properly, the pathogens they carry can cause serious health problems. This is a definite downside that could slow things down. On the flip side, ongoing R&D in disposable syringes, along with the increasing number of people with diabetes, should help the market continue to grow.
Global Disposable Syringes MarketSegmentation Analysis
The Global Disposable Syringes Market is segmented on the basis of Product Type, End-User, and Application & Geography.
Disposable Syringes Market by Product Type
• General Syringes• Specialized Syringes• Safety Syringes• Pre-filled Syringes
Global Disposable Syringes Market is segmented into General Syringes, Specialized Syringes, Safety Syringes and Pre-filled Syringes on the basis of Product Type. Safety Syringes are expected to have a major market presence in this segment due to the associated safety features with it such as prevention of needlestick injuries to the healthcare workers and patients due to the pre-installed safety mechanism.
Global Disposable Syringes Market is segmented into Hospitals, Diagnostic Laboratories, Blood Banks, Pharmaceutical Industry, Vaccination and Veterinary Purposes on the basis of End User. In a world hugely affected by the pandemic, vaccination is the need of the hour, hence the vaccination segment is expected to have a major market presence. Many countries in the world have begun large scale vaccination drives to nullify the impact of COVID 19.
Disposable Syringes Market by Application
• Immunization Injections• Therapeutic Injections
Global Disposable Syringes Market is segmented into Immunization Injections and Therapeutic Injections on the basis of Application. Therapeutic Injections had a major market presence in 2020, owing to the rising incidence of cases of Malaria, HIV, Diabetes, etc. However, the alarming need of vaccination from COVID-19 is indicating the immunization segment to witness an upswing in terms of CAGR growth. Around 391 Million people are totally vaccinated whereas 1670 million doses have been given.
Disposable Syringes Market by Geography
• North America• Europe• Asia Pacific• Rest of the world
On the basis of regional analysis, the Global Disposable Syringes Market is classified into North America, Europe, Asia Pacific, and Rest of the world. Asia Pacific region is expected to grow at the highest CAGR in the forecast period. This can be due to a rising geriatric population in the countries from the Asia Pacific, a large number of chronic diseases like type 2 diabetes and rising R&D investments in the area of Disposable Syringes.
Key Players
The “Global Disposable Syringes Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Terumo Medical Corporation, Smiths Group PLC, B. Braun, Melsungen AG, PiSA Farmacéutica, Sol-Millennium Medical, Inc., Baxter International, Inc., McKesson Medical-Surgical, Inc., NIPRO Medical Corporation, Becton, Dickinson and Company and Injex Surgical Industries among others.
The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
• Becton, Dickinson and Company partnered with the US government for Manufacturing Infrastructure Project for Mass Vaccination Campaigns worth USD 70 Million to support the US vaccination program in wake of the COVID-19 in July 2020.
• Xeris Pharmaceuticals, Inc., a US-based specialty pharmaceutical company, obtained FDA approval for a low blood sugar (Hypoglycemia) pen, the first pre-mixed, ready-to-use prefilled syringe, Glucagon. It happened in September 2019.
• Hindustan Syringes and Medical Devices (HMD), in 2018, developed India‘s First Dispovan Insulin Pen Needle to provide affordable and comfortable injections for diabetic patients.
• In March 2021, Hindustan Syringes and Medical Devices Ltd (HMD) received an order for the supply of 265 million auto disable syringes from Government of India, said a top company official.
• In October 2019, Becton, Dickinson and Company launched BD Intevia 1mL Disposable Autoinjector.
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2018-2030
BASE YEAR
2021
FORECAST PERIOD
2022-2030
HISTORICAL PERIOD
2018-2020
UNIT
Value (USD Billion)
KEY COMPANIES PROFILED
Terumo Medical Corporation, Smiths Group PLC, B. Braun Melsungen AG, PiSA Farmacéutica, Sol-Millennium Medical, Inc., Baxter International, Inc., McKesson & Others.
SEGMENTS COVERED
By Product Type, By End-User, By Application & By Geography.
CUSTOMIZATION SCOPE
Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope
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We dig deep, using both numbers (quantitative) and insights (qualitative) to understand the market by breaking it down into different groups based on things like income and lifestyle. For each of these groups and smaller subgroups, we'll give you the market value in USD Billion. We'll also point out which region and segment we think will grow the fastest and be the biggest. Expect a breakdown by region, showing how much of the product/service is used there and what's impacting the market in each place. You'll see the competitive scene, including where the big players rank, plus any new service/product launches, partnerships, expansions, and acquisitions from the last five years for the companies we profile. Speaking of profiles, you'll get detailed ones with company overviews, insights, product benchmarking, and SWOT analysis for the major players. We cover both the current and future outlook, highlighting recent happenings like growth opportunities and what's holding things back in both new and established areas. We also provide an in-depth look using Porter's five forces analysis and explain the Value Chain. Finally, we'll lay out the market dynamics and where the growth opportunities are headed. Oh, and we'll back you up with 6 months of post-sales analyst support.
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