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Global Disposable Syringes Market 2023 Growth Factor, Future Demand, Industry Share And Forecast To 2032 | Nipro Corporation, Cardinal Health Inc., Fresenius Kabi AG, Medtronic plc, Novo Nordisk AS
Disposable Syringes Market
The Business Research Company's Disposable Syringes Global Market Report 2023 identifies Rising incidences of chronic diseases as the major driver for the Disposable Syringes Market's growth in the forecast period. A chronic disease is a form of illness that lasts three months or more and can deteriorate with time, such as diabetes. Disposable syringes provide a safer way of drug administration and are widely used for various chronic diseases, primarily for diabetes patients who are undergoing treatment.
The global disposable syringes market is expected to grow from $10.70 billion in 2022 to $11.44 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The disposable syringes market is expected to reach $14.67 billion in 2027 at a CAGR of 6.4%.
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Major competitors in the disposable syringes market 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, and Liaoning Kangyi Medical Equipment Co. Ltd.
A key trend in the Disposable Syringes Market includes product innovation. Major companies operating in the disposable syringe market are developing innovative treatments to sustain their position in the market. For instance, in September 2021, Becton Dickinson and Company, a US-based medical device company, launched the BD Intevia 1 mL two-step disposable autoinjector. It is a platform device that combines a pre-fillable syringe and an autoinjector into one integrated system. The BD Intevia disposable autoinjector is a 2-step push-on-skin device that injects drugs of different fill volumes of up to 1 mL and different viscosities up to 35 cP safely and effectively. The unique design of BD Intevia 1 mL allows pharmaceutical companies to adopt it for a variety of drugs.
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The Disposable Syringes Market is segmented -
By Type: Conventional Syringes, Safety Syringes
By Application: Immunization Injections, Therapeutic Injections
By End User: Hospitals, Diagnostic Laboratories, Blood Banks, Pharmaceutical Industry
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Disposable Syringes Market.
The Business Research Company's "Global Disposable Syringes Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Disposable Syringes Market Include:
1. Executive Summary
2. Disposable Syringes Market Characteristics
3. Disposable Syringes Market Trends And Strategies
4. Disposable Syringes Market - Macro Economic Scenario
5. Disposable Syringes Market Segmentation
……
32. Global Disposable Syringes Market Competitive Benchmarking
33. Global Disposable Syringes Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Disposable Syringes Market
35. Disposable Syringes Market Future Outlook and Potential Analysis
36. Appendix
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