Disposable Syringes Market Size, Share, Trends And Forecast To 2032

Disposable Syringes Industry Prospective:

The global disposable syringes market size was evaluated at $15.37 billion in 2023 and is slated to hit $24.07 billion by the end of 2032 with a CAGR of nearly 5.11% between 2024 and 2032.  

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Disposable Syringes Market: Overview

Syringes that are designed for a single-use and then disposed after their use are termed as disposable syringes. Moreover, there are slew of disposable syringes referred to as safety disposable syringes and conventional disposable syringes. They are available in many sizes and people using them have lower probability of getting injured. As per WHO, each year nearly 16 billion injections across globe are inoculated across the globe and nearly 90% are provided curative care treatment.  

Key Insights

• As per the analysis shared by our research analyst, the global disposable syringes market is projected to expand annually at the annual growth rate of around 5.11% over the forecast timespan (2024-2032)
• In terms of revenue, the global disposable syringes market size was evaluated at nearly $15.37 billion in 2023 and is expected to reach $24.07 billion by 2032.
• The global disposable syringes market is anticipated to grow rapidly over the forecast timeline owing to technological innovations in manufacturing processes used for producing disposable syringes.
• In terms of type, the retractable safety syringes segment is slated to register the highest CAGR over the forecast period.
• Based on end-user, the hospital segment is predicted to lead the segmental space in the upcoming years.
• Region-wise, the Middle East & African disposable syringes industry is projected to register the fastest CAGR during the projected timespan.

Disposable Syringes Market: Growth Factors

Flourishing injectable drugs sector to boost the global market trends over forecast period

Thriving injectable drugs sector that also includes biologics is a key factor that is anticipated boost the growth of disposable syringes market globally. Technological innovations in manufacturing processes used for producing disposable syringes are likely to contribute majorly towards the revenue growth of the market globally. Additionally, a rise in the incidences of needle-stick injuries is likely to embellish the global market trends.

An increment in the use of safety syringes along with surge in the cases of diabetics is likely to pave a way for massive expansion of the market across the globe. A surge in the chronic diseases and need for rise in the number of inoculations to prevent these diseases is expected to scale up the expansion of the global market. An increase in the acceptance of disposable medical supplies for preventing infections while performing hospital surgeries along with rise in the hospital acquired infections will spur the growth of the market across the globe.

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Disposable Syringes Market: Restraints

Lack of knowledge about advantages of the product in the emerging economies can slow down the growth of the industry globally

Escalating costs and lack of awareness about the product benefits in the developing countries is anticipated to hinder the expansion of the global disposable syringes industry.

Disposable Syringes Market: Opportunities

A surge in the development of strong healthcare infrastructure in emerging economies can enhance the global market size by 2032

A rise in the focus of government on developing strong healthcare infrastructure in developing countries and an increase in the prevention of reusing syringes in these countries has opened new growth avenues for the global disposable syringes market.

Disposable Syringes Market: Challenges

Stringent legislations controlling the product use & surge in the raw component prices can challenge the growth of the global industry  

Strict government laws regulating the use of syringes along with a prominent increase in the raw material costs can pose a threat to the expansion of the global disposable syringes industry globally. In addition to this, disruptions in the supply chain can further stagger the growth of the global industry.

Disposable Syringes Market: Segmentation

The global disposable syringes market is divided into type, end-user, and region.                                         

In type terms, the disposable syringes market across the globe is segregated into conventional syringes, retractable safety syringes, safety syringes, and non-retractable safety syringes segments. Furthermore, the retractable safety syringes segment, which acquired nearly 70% of the global market earnings in 2023, is predicted to register the fastest rate of growth in the forecast period. The expansion of the segment in the coming eight years can be due to large-scale demand for safety syringes in hospitals & clinics. Furthermore, the product is effectively utilized in the intravenous, subcutaneous, and intramuscular inoculations. Reportedly, these retractable safety syringes are embedded with safety mechanism of reducing the threat of needle-stick injuries to healthcare service providers.

On the basis of end-user, the global disposable syringes industry is segmented into hospital and outpatient facilities segments. Additionally, the hospital segment, which amassed a key share of the global industry in 2023, is forecast to lead the segment space in the next few years. The segmental expansion from 2024 to 2032 can be subject to rise in the patient choice for hospitals and patients preferring fluid treatment for administrating injection into body of patient. Reportedly, rise in the demand for disposable syringes in hospitals will further spur the segmental surge.

Disposable Syringes Market: Report Scope

Disposable Syringes Market: Regional Insights

North America is predicted to maintain the leading position in the global disposable syringes market in the upcoming years

North America, which accounted for nearly 53% of the global disposable syringes market proceeds in 2023, is anticipated to set up a dominant position in the next decade. Apart from this, the regional market expansion in the upcoming years can be due to rise in the disease burden resulting in the demand for effective diagnosing and treatment of the diseases in the countries such as Canada and the U.S. In addition to this, rise in the approval rate of the new medicines and parental drugs along with allocation of funds for research & discovery of new drug molecules for curing chronic diseases will proliferate the regional market size.

The Middle East & African disposable syringes industry is slated to register the fastest CAGR in the forecast timeframe. The progress of the industry in the region can be credited to rise in the cases of diabetes in the countries such as Saudi Arabia and Kuwait of the Middle East & Africa along with low awareness about lifestyle-related diseases among the individuals of the region. Surging healthcare prices and obesity has further enhanced the product demand in the region.

Key Developments

• In first quarter of 2023: Genixus, a pharmaceutical firm based in the U.S., declared that it will construct a 30,000-square-foot production facility in North Carolina with automated manufacturing devices for producing the KinetiX syringe.
• In first half of 2022, SCHOTT Pharma launched a new production unit for producing pre-fillable syringes that are made up of high-end polymer.

Disposable Syringes Market: Competitive Space

The global disposable syringes market profiles key players such as:

• Henke-Sass
• International Vita Needle Company
• Medtronic plc
• Fresenius Kabi AG
• Nipro Corp.
• Terumo Corp.
• Baxter
• Braun Medical Inc.
• Ultimed Inc.
• Becton
• Dickinson and Company (BD)
• Wolf
• Flextronics Novo Nordisk
• Retractable Technologies Inc.

The global disposable syringes market is segmented as follows:

By Type

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

By End-User

• Hospital
• Outpatient Facilities

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

What Reports Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.