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.

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 However, in the modern periods the use-and-throw syringe has increased in popularity over the outdated reusable type of syringe.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.

Table of Contents

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.

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