Disposable Syringes Market size is anticipated to reach USD 22.81 billion by 2030

 Disposable Syringes Industry Overview

The global disposable syringes market size is anticipated to reach USD 22.81 billion by 2030, registering a CAGR of 6.12% over the forecast period, according to a new report by Grand View Research, Inc. The market is expected to expand due to the increasing adoption of safety syringes, technological advancements, increasing demand for vaccines along with growing adoption of self-administration of drugs are supporting the market growth of disposable syringes.

 

Disposable Syringes Market Segmentation

Grand View Research has segmented the global disposable syringes market based on product, application, end use and region 

 

Based on the Product Insights, the market is segmented into Conventional Syringes and Safety Syringes

  • The safety syringes led the market and accounted for a revenue share of 64.03% in 2021. However, conventional disposable syringes have been in use from a long time, safety syringes are more preferred nowadays due to their benefits.
  • Every year, over 33,800 HIV infections, 315,000 hepatitis C transmissions, and 1.7 million hepatitis B infections are caused by hazardous injecting practices around the world. Unsafe practices such as multiple use of a syringe & needle without taking precautionary measures as guided by the healthcare professionals lead to needle stick injuries.
  • The conventional syringes are the second leading segment and accounted for market reveue share of 35.97% in 2021. Conventional syringes are mostly made of plastic with visible graduation and are intended for single use. Some of the advantages of disposable conventional syringes are that they eliminate the risk of infections from blood-borne pathogens, such as HIV, Ebola virus, and Hepatitis B & C.

 

Based on the Application Insights, the market is segmented into Immunization Injections and Therapeutic Injections

  • The therapeutic injections led the market and accounted market revue share of 85.69% in 2021. Increasing awareness toward blood donations across the globe is one of the major factors driving the segment. 
  • Injections are used in almost every medical procedure, from diagnosis to treatment High prevalence of diseases such as AIDS, tuberculosis, malaria, and dengue in the developing, as well as underdeveloped countries, lead to demand for high volume of injections as they are one of the essential requirements for diagnosis and treatment.
  • The immunization injections segment is anticipated to witness the fastest growth at a CAGR of 7.43% during the forecast period. The process of vaccination is majorly a mass activity, thus, increasing the risk of transmission of blood-borne pathogens. In such cases, the multiple use of a syringe & needle needs to be avoided to prevent the risk of needle stick injuries.

 

Disposable Syringes Regional Outlook 

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

 

Key Companies Profile & Market Share Insights

Companies operating in the market are stepping up their efforts to get their products approved so that manufacturers can start mass production. One of the main areas of concern for manufacturers is the avoidance of unintentional needle stick injuries in healthcare settings.

As the injection preparation is completed inside an enclosed system, innovative innovations in prefilled syringe products safeguard nurses and pharmacists from exposure to dangerous substances. Key players in the market are beefing up their R&D capabilities in order to deploy safe and simple medical practices, which is expected to enhance market growth in the near future.

Some prominent players in the disposable syringes market include

  • MEDTRONIC (Covidien)
  • Nipro Corporation
  • Fresenius Kabi AG    
  • Baxter International, Inc.
  • Braun Melsungen AG
  • BD
  • Terumo Corporation
  • Novo Nordisk
  • UltiMed, Inc.
  • Henke-Sass, Wolf
  • Retractable Technologies
  • Flextronics International Vita Needle Company    

 

Order a free sample PDF of Disposable Syringes Market Intelligence Study, published by Grand View Research.

 

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