Disposable Syringes Market Size, Share, Industry Trends and Forecast to 2030

Disposable Syringes Market Size & CAGR in 2021

The global disposable syringes market was valued at USD 5.6 billion in 2021 and is projected to grow at a CAGR of 7.2% from 2021 to 2028. The market size is expected to reach USD 8.9 billion by 2028, driven by the increasing prevalence of chronic diseases, the growing demand for vaccinations, and the rising adoption of self-administration of injectable drugs.

COVID-19 Impact on the Disposable Syringes Market

The COVID-19 pandemic has significantly impacted the disposable syringes market. The urgent need for mass vaccination programs to combat the spread of the virus has led to a surge in demand for disposable syringes. Healthcare facilities, governments, and pharmaceutical companies have ramped up production to meet the unprecedented demand for syringes for vaccination drives worldwide.

Additionally, the focus on infection prevention and control measures in healthcare settings due to the pandemic has further boosted the demand for disposable syringes. The use of single-dose syringes to prevent cross-contamination and ensure patient safety has become crucial during the COVID-19 crisis.

Disposable Syringes Dynamics

The disposable syringes market is driven by factors such as the increasing prevalence of chronic diseases, the growing geriatric population, and the rising demand for vaccinations. The shift towards self-administration of injectable drugs and the emphasis on infection control practices in healthcare settings are also contributing to market growth.

However, challenges such as the lack of proper disposal mechanisms for used syringes, concerns regarding needlestick injuries, and regulatory hurdles related to the manufacturing and distribution of disposable syringes pose obstacles to market expansion.

Segments and Related Analysis

The disposable syringes market is segmented based on type, material, end-user, and region. By type, the market is divided into conventional syringes and safety syringes. Conventional syringes hold the largest market share due to their widespread use in healthcare settings for various applications.

In terms of material, the market is categorized into plastic syringes, glass syringes, and metal syringes. Plastic syringes are the most commonly used due to their cost-effectiveness and ease of disposal.

By end-user, the market is segmented into hospitals, clinics, ambulatory surgery centers, and home healthcare. Hospitals account for the largest share of the market, driven by the high volume of procedures and patient footfall.

By Region Analysis

The disposable syringes market is geographically segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America currently dominates the market due to the presence of established healthcare infrastructure, technological advancements, and high healthcare expenditure.

Asia Pacific is expected to witness significant growth during the forecast period, attributed to the increasing healthcare awareness, rising investments in healthcare infrastructure, and the expanding geriatric population in the region.

Key Market Players and Competitive Landscape

Key players in the disposable syringes market include Becton, Dickinson and Company, Braun Melsungen AG, Gerresheimer AG, Terumo Corporation, Nipro Corporation, Smiths Group plc, Cardinal Health, Inc., and others. These companies are focusing on strategic collaborations, product innovations, and geographical expansion to strengthen their market presence.

Recent Happenings in the Disposable Syringes Market

- In January 2022, Becton, Dickinson and Company announced the launch of a new range of safety syringes with advanced features for enhanced patient safety and healthcare worker protection.

- In March 2022, Terumo Corporation introduced a novel line of eco-friendly disposable syringes made from sustainable materials as part of its commitment to environmental sustainability.

- In April 2022, Cardinal Health, Inc. partnered with a leading healthcare organization to provide a comprehensive range of disposable syringes for the efficient delivery of vaccines and medications in healthcare settings.