The disposable syringes market size has grown strongly in recent years. It will grow from $11.44 billion in 2023 to $12.21 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. The expansion observed in the historical period can be ascribed to factors such as the HIV/AIDS epidemic, the implementation of enhanced vaccination programs, the growth of the biotechnology and pharmaceutical industries, the prevalence of chronic diseases, and the overall increase in the global population.
The disposable syringes market size is expected to see strong growth in the next few years. It will grow to $15.74 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%. The anticipated growth in the forecast period can be attributed to an increased awareness of bloodborne infections, a heightened focus on patient safety, the integration of digital health technologies, regulatory emphasis on single-use devices, and global health initiatives. Major trends in the forecast period encompass advancements in injection technologies, technological innovations in material sciences, a focus on sustainable healthcare, innovations in needle safety, and the incorporation of 3D printing in syringe manufacturing.
The anticipated growth of the disposable syringes market is expected to be driven by the rising incidences of chronic diseases. Chronic diseases, which last three months or more and can worsen over time, include conditions such as diabetes. Disposable syringes, widely used for various chronic diseases, particularly in the treatment of diabetes patients, offer a safer method of drug administration. For example, a report from January 2023 by the National Library of Medicine, a US-based agency, projects a 99.5% increase in the number of people aged 50 and older with at least one chronic condition in the US, rising from 71.522 million in 2020 to 142.66 million by 2050. Hence, the growing incidences of chronic diseases are a key driver for the disposable syringes market.
The growth of the disposable syringes market is expected to be fueled by the increasing use of injectable drugs. Injectable drugs, administered directly into the bloodstream using syringes and needles, are employed in treating various diseases, including chronic conditions such as diabetes, hypertension, and cancer. Disposable syringes play a vital role in the administration of injectable drugs, ensuring the safe and efficient delivery of medications such as vaccines, insulin, and other injectable pharmaceuticals. As per a 2023 report from the United Nations Office on Drugs and Crime (UNODC), an estimated 13.2 million people globally were injecting drugs in 2021, representing a 1% increase from 2020 (11.2 million). Consequently, the increasing use of injectable drugs is a significant factor driving the growth of the disposable syringes market.
Product innovation stands out as a key trend gaining traction in the disposable syringe market, with major companies actively pursuing innovative solutions to maintain their market positions. An example of this trend is evident in the actions of Becton Dickinson and Company, a US-based medical device company, which introduced the BD Intevia 1 mL two-step disposable autoinjector in September 2021. This platform device seamlessly combines a pre-fillable syringe with an autoinjector, creating an integrated system that allows for the safe and effective injection of drugs with varying fill volumes up to 1 mL and viscosities up to 35 cP. The unique design of the BD Intevia 1 mL enables its adoption for a diverse range of drugs by pharmaceutical companies.
Major players in the disposable syringe market are strategically engaging in partnerships to incorporate new technologies, thereby gaining a competitive edge. A notable instance of this strategic approach is the collaboration between BP PLC, a US-based medical technology company, and Mitsubishi Gas Chemical Company, a Japan-based chemical company. This partnership, initiated in May 2022, aims to apply Oxycapt technology to the next generation of pre-fillable syringes (PFS) for advanced biologic pharmaceuticals. Oxycapt technology, with its multilayer structure, is designed to offer features such as excellent breaking resistance, low protein adsorption, strong UV barrier, pH stability, and effective oxygen and vapor barrier on silicon-free plastic syringe barrels. The collaboration intends to explore practical solutions for delivering newer biologic compounds, focusing on advancing sustainability and reducing carbon footprints.
In January 2022, ICU Medical Inc., a US-based medical device company, acquired Smiths Medical from Smiths Group plc in an undisclosed deal. This acquisition positions ICU Medical to enhance its corporate culture, emphasizing value creation through accountability, informed decision-making, transparency, and customer-centric focus. Smiths Medical, the acquired company, specializes in manufacturing disposable syringes for therapeutic, diagnostic, and surgical procedures, contributing to ICU Medical's comprehensive portfolio in the medical device industry.
Major companies operating in the disposable syringes market report are Nipro Corporation, Cardinal Health Inc., Fresenius Kabi AG, Medtronic PLC, Novo Nordisk AS, Becton Dickinson & Company Ltd., Baxter Pharmaceutical Solutions LLC, B. Braun Melsungen AG, Terumo Corporation, ICU Medical Inc., Gerresheimer AG, Pisa Pharmaceuticals Company, Shanghai Kindly Enterprise Development Group Co. Ltd., Jiangxi Sanxin Medtec Co.Ltd., Henke Sass Wolf Medical Instruments (Qingdao) Ltd., Retractable Technologies Inc., CODAN Medizinische Geräte GmbH & Co KG, UltiMed Inc., Sol-Millennium Medical Inc., Unilife Corporation, Vita Needle Company, Jiangsu Jichun Medical Devices Co. Ltd., Exelint International Co., ISCON Surgicals Ltd., Shanghai Kohope Medical Co Ltd., Star Syringe Ltd., Injex Industrias Cirurgicas Ltda, Feel Tech Bio Co. Ltd., Hindustan Syringes & Medical Devices Ltd., Liaoning Kangyi Medical Equipment Co. Ltd.
North America was the largest region in the disposable syringes market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the disposable syringes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the disposable syringes market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The primary categories of disposable syringes include conventional syringes and safety syringes. Conventional disposable syringes are traditional small hollow tubes employed for injecting or withdrawing liquids. They involve attaching a needle to draw fluids from the body or administer drugs into the body. These syringes find applications in various scenarios such as immunization injections and therapeutic injections. They are utilized by a range of end users, including hospitals, diagnostic laboratories, blood banks, and the pharmaceutical industry.
The disposable syringes market research report is one of a series of new reports that provides Disposable syringes market statistics, including disposable syringes industry global market size, regional shares, competitors with a disposable syringes market share, detailed disposable syringes market segments, market trends, and opportunities, and any further data you may need to thrive in the disposable syringes industry. This disposable syringes market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The disposable syringes market consists of sales of luer lock syringes, luer slip syringes, and catheter tip syringes. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The disposable syringes market size is expected to see strong growth in the next few years. It will grow to $15.74 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%. The anticipated growth in the forecast period can be attributed to an increased awareness of bloodborne infections, a heightened focus on patient safety, the integration of digital health technologies, regulatory emphasis on single-use devices, and global health initiatives. Major trends in the forecast period encompass advancements in injection technologies, technological innovations in material sciences, a focus on sustainable healthcare, innovations in needle safety, and the incorporation of 3D printing in syringe manufacturing.
The anticipated growth of the disposable syringes market is expected to be driven by the rising incidences of chronic diseases. Chronic diseases, which last three months or more and can worsen over time, include conditions such as diabetes. Disposable syringes, widely used for various chronic diseases, particularly in the treatment of diabetes patients, offer a safer method of drug administration. For example, a report from January 2023 by the National Library of Medicine, a US-based agency, projects a 99.5% increase in the number of people aged 50 and older with at least one chronic condition in the US, rising from 71.522 million in 2020 to 142.66 million by 2050. Hence, the growing incidences of chronic diseases are a key driver for the disposable syringes market.
The growth of the disposable syringes market is expected to be fueled by the increasing use of injectable drugs. Injectable drugs, administered directly into the bloodstream using syringes and needles, are employed in treating various diseases, including chronic conditions such as diabetes, hypertension, and cancer. Disposable syringes play a vital role in the administration of injectable drugs, ensuring the safe and efficient delivery of medications such as vaccines, insulin, and other injectable pharmaceuticals. As per a 2023 report from the United Nations Office on Drugs and Crime (UNODC), an estimated 13.2 million people globally were injecting drugs in 2021, representing a 1% increase from 2020 (11.2 million). Consequently, the increasing use of injectable drugs is a significant factor driving the growth of the disposable syringes market.
Product innovation stands out as a key trend gaining traction in the disposable syringe market, with major companies actively pursuing innovative solutions to maintain their market positions. An example of this trend is evident in the actions of Becton Dickinson and Company, a US-based medical device company, which introduced the BD Intevia 1 mL two-step disposable autoinjector in September 2021. This platform device seamlessly combines a pre-fillable syringe with an autoinjector, creating an integrated system that allows for the safe and effective injection of drugs with varying fill volumes up to 1 mL and viscosities up to 35 cP. The unique design of the BD Intevia 1 mL enables its adoption for a diverse range of drugs by pharmaceutical companies.
Major players in the disposable syringe market are strategically engaging in partnerships to incorporate new technologies, thereby gaining a competitive edge. A notable instance of this strategic approach is the collaboration between BP PLC, a US-based medical technology company, and Mitsubishi Gas Chemical Company, a Japan-based chemical company. This partnership, initiated in May 2022, aims to apply Oxycapt technology to the next generation of pre-fillable syringes (PFS) for advanced biologic pharmaceuticals. Oxycapt technology, with its multilayer structure, is designed to offer features such as excellent breaking resistance, low protein adsorption, strong UV barrier, pH stability, and effective oxygen and vapor barrier on silicon-free plastic syringe barrels. The collaboration intends to explore practical solutions for delivering newer biologic compounds, focusing on advancing sustainability and reducing carbon footprints.
In January 2022, ICU Medical Inc., a US-based medical device company, acquired Smiths Medical from Smiths Group plc in an undisclosed deal. This acquisition positions ICU Medical to enhance its corporate culture, emphasizing value creation through accountability, informed decision-making, transparency, and customer-centric focus. Smiths Medical, the acquired company, specializes in manufacturing disposable syringes for therapeutic, diagnostic, and surgical procedures, contributing to ICU Medical's comprehensive portfolio in the medical device industry.
Major companies operating in the disposable syringes market report are Nipro Corporation, Cardinal Health Inc., Fresenius Kabi AG, Medtronic PLC, Novo Nordisk AS, Becton Dickinson & Company Ltd., Baxter Pharmaceutical Solutions LLC, B. Braun Melsungen AG, Terumo Corporation, ICU Medical Inc., Gerresheimer AG, Pisa Pharmaceuticals Company, Shanghai Kindly Enterprise Development Group Co. Ltd., Jiangxi Sanxin Medtec Co.Ltd., Henke Sass Wolf Medical Instruments (Qingdao) Ltd., Retractable Technologies Inc., CODAN Medizinische Geräte GmbH & Co KG, UltiMed Inc., Sol-Millennium Medical Inc., Unilife Corporation, Vita Needle Company, Jiangsu Jichun Medical Devices Co. Ltd., Exelint International Co., ISCON Surgicals Ltd., Shanghai Kohope Medical Co Ltd., Star Syringe Ltd., Injex Industrias Cirurgicas Ltda, Feel Tech Bio Co. Ltd., Hindustan Syringes & Medical Devices Ltd., Liaoning Kangyi Medical Equipment Co. Ltd.
North America was the largest region in the disposable syringes market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the disposable syringes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the disposable syringes market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The primary categories of disposable syringes include conventional syringes and safety syringes. Conventional disposable syringes are traditional small hollow tubes employed for injecting or withdrawing liquids. They involve attaching a needle to draw fluids from the body or administer drugs into the body. These syringes find applications in various scenarios such as immunization injections and therapeutic injections. They are utilized by a range of end users, including hospitals, diagnostic laboratories, blood banks, and the pharmaceutical industry.
The disposable syringes market research report is one of a series of new reports that provides Disposable syringes market statistics, including disposable syringes industry global market size, regional shares, competitors with a disposable syringes market share, detailed disposable syringes market segments, market trends, and opportunities, and any further data you may need to thrive in the disposable syringes industry. This disposable syringes market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The disposable syringes market consists of sales of luer lock syringes, luer slip syringes, and catheter tip syringes. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Disposable Syringes Market Characteristics3. Disposable Syringes Market Trends and Strategies32. Global Disposable Syringes Market Competitive Benchmarking33. Global Disposable Syringes Market Competitive Dashboard34. Key Mergers and Acquisitions in the Disposable Syringes Market
4. Disposable Syringes Market - Macro Economic Scenario
5. Global Disposable Syringes Market Size and Growth
6. Disposable Syringes Market Segmentation
7. Disposable Syringes Market Regional and Country Analysis
8. Asia-Pacific Disposable Syringes Market
9. China Disposable Syringes Market
10. India Disposable Syringes Market
11. Japan Disposable Syringes Market
12. Australia Disposable Syringes Market
13. Indonesia Disposable Syringes Market
14. South Korea Disposable Syringes Market
15. Western Europe Disposable Syringes Market
16. UK Disposable Syringes Market
17. Germany Disposable Syringes Market
18. France Disposable Syringes Market
19. Italy Disposable Syringes Market
20. Spain Disposable Syringes Market
21. Eastern Europe Disposable Syringes Market
22. Russia Disposable Syringes Market
23. North America Disposable Syringes Market
24. USA Disposable Syringes Market
25. Canada Disposable Syringes Market
26. South America Disposable Syringes Market
27. Brazil Disposable Syringes Market
28. Middle East Disposable Syringes Market
29. Africa Disposable Syringes Market
30. Disposable Syringes Market Competitive Landscape and Company Profiles
31. Disposable Syringes Market Other Major and Innovative Companies
35. Disposable Syringes Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Disposable Syringes Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on disposable syringes market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
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- Measure the impact of high global inflation on market growth.
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- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
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- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for disposable syringes? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered:1) By Type: Conventional Syringes; Safety Syringes
2) By Application: Immunization Injections; Therapeutic Injections
3) By End-user: Hospitals; Diagnostic Laboratories; Blood Banks; Pharmaceutical Industry
Key Companies Mentioned: Nipro Corporation; Cardinal Health Inc.; Fresenius Kabi AG; Medtronic plc; Novo Nordisk AS
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned
- Nipro Corporation
- Cardinal Health Inc.
- Fresenius Kabi AG
- Medtronic plc
- Novo Nordisk AS
- Becton Dickinson & Company Ltd.
- Baxter Pharmaceutical Solutions LLC
- B. Braun Melsungen AG
- Terumo Corporation
- ICU Medical Inc
- Gerresheimer AG
- Pisa Pharmaceuticals Company
- Shanghai Kindly Enterprise Development Group Co. Ltd.
- Jiangxi Sanxin Medtec Co.Ltd.
- Henke Sass Wolf Medical Instruments (Qingdao) Ltd
- Retractable Technologies Inc
- CODAN Medizinische Geräte GmbH & Co KG
- UltiMed Inc.
- Sol-Millennium Medical Inc.
- Unilife Corporation
- Vita Needle Company
- Jiangsu Jichun Medical Devices Co. Ltd.
- Exelint International Co.
- ISCON Surgicals Ltd.
- Shanghai Kohope Medical Co Ltd.
- Star Syringe Ltd.
- Injex Industrias Cirurgicas Ltda
- Feel Tech Bio Co. Ltd.
- Hindustan Syringes & Medical Devices Ltd
- Liaoning Kangyi Medical Equipment Co. Ltd
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | February 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 12.21 Billion |
Forecasted Market Value ( USD | $ 15.74 Billion |
Compound Annual Growth Rate | 6.6% |
Regions Covered | Global |
No. of Companies Mentioned | 30 |