Disposable Syringes Market Size Hit US$ 12.59 Bn by 2032

The global disposable syringes market was estimated at USD 7 billion in 2022 and is predicted to reach USD 12.59 billion by 2032, expanding growth at a CAGR of 6.1% over the forecast period 2023 to 2032.

Disposable Syringes Market Size 2020 to 2030

Key Takeaways

  • North America led the global market with the highest market share in 2022.
  • By Type, the safety syringe segment has held the largest market share in 2022.
  • By Application, the therapeutic injections segment led the market with the largest market share in 2022.

Disposable syringes are very common within the healthcare industry. They are relatively inexpensive and easy to mass-manufacture allowing for anadvanced level of availability. Usually speaking, syringes are devices used to insert or draw formulations from a bigger body. Usually functioned via a piston-pump arrangement, they are the chief method by which a clinician or nurse administers medication to the patients. Previously, syringes were cleaned and reprocessed. However, in the modern periods the use-and-throw syringe has increased in popularity over the outdated reusable type of syringe. The prime difference being that a use-and-throw syringe is envisioned for one-time usage and is then thrown away, typically into aninfection unit. While very simple in idea, syringes have numerous variants and fragments which are transposable dependent on the proposed use of the syringe. Usually, these are features which might vary reliant on on the syringe being employed.

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Regional Analysis:

The report includes information for Asia Pacific, North America, Latin America, Europe, Middle East, and Africa. In 2020, the North America dictated the globalindustry with a market stake of greater than 41%. The U.S. indicated the highest slice in North America principally due to increasing cases of cancer and early adoption of latest healthcare equipment’s. Moreover, availability of latest healthcare infrastructure also supported the high market portion of North America.

Europe was the subsequent significant market chiefly due to presence of skilled physicians. Presence of major companies in the European region is also expected to lift the demand for disposable syringes in the anticipated time-span. The Asia Pacific region is projected to grow at the highest CAGR of around6.9% in the estimate period due to increasing healthcare expenditure. Latin America and Middle East and African region will display noticeable growth.

Disposable Syringes Market Scope 

Report Highlights Details
Market Size in 2023 USD 7.39 Billion
Market Size by 2032 USD 12.59 Billion
Growth Rate from 2023 to 2032 CAGR of 6.1%
Base Year 2022
Forecast Period 2023 to 2032
Segments Covered Type, Application
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)

Key Market Players and Strategies:

The key companies functioning in the worldwide disposable syringes market are Fresenius Kabi, Covidien, Becton, Dickinson and Company, Flextronics International, Braun Medical, Inc., Novo Nordisk, Vita Needle Company, Baxter International, Inc., Retractable Technologies, Inc., UltiMed, Inc., Henke-Sass, Wolf, and Terumo Corporation among others.

Increased expenditure on research and progress along with acquisition, collaborations, and mergers are the significant strategies taken up by producers working in the international disposable syringes market. Moreover, leading companies are investing heavily on research for the development of new treatment techniques. Strategic associations in terms of authorizing and collaboration, allow businesses to co-develop and commercialize formulation. Companies have been investing in the discovery and R&D of medication given for disposable syringes.

Read Also: Medical Devices Market Size to Hit US$ 996.93 Bn by 2032

Disposable Syringes Market Players

  • Fresenius Kabi AG
  • Flextronics International Vita Needle Company
  • Braun Medical, Inc.
  • Baxter International, Inc.
  • Terumo Corporation
  • Novo Nordisk
  • Henke-Sass, Wolf
  • Retractable Technologies, Inc.
  • UltiMed, Inc.
  • Covidien
  • Becton, Dickinson and Company.

Major Market Segments Covered:

By Type

  • Conventional Syringes
  • Safety Syringes
  • Retractable Safety Syringes
  • Non-retractable Safety Syringes

By Application

  • Immunization Injections
  • Therapeutic Injections

By End User

  • Hospitals
  • Diagnostic Laboratories
  • Blood Banks
  • Pharmaceutical Industry (B2B) (Prefilled Syringes)

By Geography

  • North America
      • U.S.
      • Canada
  • Europe
      • Germany
      • France
      • United Kingdom
      • Rest of Europe
  • Asia Pacific
      • China
      • Japan
      • India
      • Southeast Asia
      • Rest of Asia Pacific
  • Latin America
      • Brazil
      • Rest of Latin America
  • Middle East & Africa (MEA)
      • GCC
      • North Africa
      • South Africa
      • Rest of Middle East & Africa

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