The global Disposable Syringes market was valued at US$ 12.9 billion in 2021 and is expected to grow at a CAGR of 6.1% through 2032.
The Global Disposable Syringes Market is expected to grow at a healthy CAGR between the years 2022-and 2032. This growth is credited due to several reasons such as the rise of chronic diseases among people, the increasing adoption of safety syringes, and the rise in the number of surgeries globally.
In the earlier days, syringes were extremely expensive and had to be reused by the doctors. The manufacturing of these syringes was also on a massive level. Hence medical professionals had to take utmost care to reuse the syringes on different patients each time. Doctors had to follow the topmost procedures to sterilize and sharpen the syringe each time after its use. However, despite taking the utmost care, the rise of chronic diseases became prevalent and began to spread.
Since then, the use of disposable syringes has been on the upswing. Also, several other factors have contributed to the growth of this market. They are primarily, the growing frequency of infectious diseases, advancement in manufacturing technology and others.
Global Disposable Syringes Market- Share Analysis, by Geography (2022)
The report titled “Global Disposable Syringes Market- Global Market Share, Trends, Analysis and Forecasts, 2023-2032” offers market estimates for the period 2019 to 2032, wherein 2021 is historic period, 2022 is the base year, and 2023 to 2032 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the Global Disposable Syringes Market. Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market.
The benefits of using disposable syringes are numerous, such as firstly there is no cross-contamination, patients do not have to rely on the doctor’s protocol for their safety. The other biggest advantage of a disposable syringe is that as compared to traditional syringes, this factor positively impacts the sales growth, and the market is expected to expand based on this parameter. Disposable syringes are also an eco-friendly option to discard, and they will also not pollute the environment.
There were approximately 37.7 million across the Globe who were infected with HIV virus in the year 2020. Out of them close to 36 million were adults and over 1 million were children aged between 0-14 years.
The disposable syringes market is highly competitive in nature and the market’s top players have adopted several strategies to stay ahead of the competition. These include several collaborations, product launches, important partnerships, and acquisitions. The report gives a detailed analysis of the global disposable syringe market and gives an insight into the market trends and prevailing opportunities available in the market. It also presents a comprehensive analysis of the prevailing opportunities in the market and also gives an analysis of the key developments in the industry.
The immunization segment is expected to have a strategic rise attributed to an increased awareness for vaccination across the globe. The safety disposable syringes acquire the largest share in the market owing to the factors to the rise in the adoption of disposable syringes.
North America dominates the market with the highest sales of disposable syringes owing to several factors such as the aging population, the rise in chronic diseases, and the increased demand for disposable syringes in the market.
Europe follows North America in terms sales. Asia Pacific region is emerging and expected to grow at the highest CAGR during forecast period.
Leading manufacturers of disposable syringes market include Becton Dickinson and Company, B. Braun, Baxter International, Cardinal Health, Inc., Simplist (Fresenius Kabi AG), Terumo Corporation, Hindustan Syringes & Medical Devices Limited, The Weigao Group, Nipro Corporation, Retractable Technologies, Inc. among others.
Global Disposable Syringes Market Segmentation
By Product Type
By Application
By Geography
The disposable syringes market is expected to grow at a CAGR of 6.1% through 2032.
The disposable syringes market was valued at US$ 12.9 billion in 2021.
Key Disposable Syringes market players are Becton Dickinson and Company, B. Braun, Baxter International, Cardinal Health, Inc., Simplist (Fresenius Kabi AG), Terumo Corporation and others.
The disposable syringes market is studied from 2023 to 2032.
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