Emerging Markets Embrace Disposable Syringes, Fueling US$ 5.6 Billion Growth by 2030, Asia Pacific Takes the Lead, RationalStat Market Report Predicts

The global disposable syringes market is expected to approach US$ 5,660.4 million by 2030, with an annual growth rate of more than 8.21%

Global Disposable Syringes Market is valued at US$ 3,253.1 million in 2023 and is expected to grow at a significant CAGR of over 8.2% over the forecast period of 2023-2030, according to the published market report by RationalStat

Market Definition, Market Scope, and Report Overview

Disposable syringes are a critical component in infection control measures, as they eliminate the risk of needlestick injuries and cross-contamination associated with reused syringes. This has become a paramount concern in healthcare settings, driving the demand for single-use syringes.
Increasing global focus on vaccination programs, especially in the wake of emerging infectious diseases, has led to a surge in demand for disposable syringes. These syringes play a crucial role in the safe and efficient administration of vaccines.

In addition, the growing prevalence of chronic diseases, such as diabetes and autoimmune disorders, has resulted in an increased demand for disposable syringes for the administration of medications, including insulin and biologics.

• According to a deep-dive market assessment by RationalStat, the global disposable syringes market has been analyzed on the basis of market segments, including capacity (in ml), grade, design type, end user and geography/regions (including North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.

• Market intelligence for the global disposable syringes market covers market sizes on the basis of market value (US$/EUR Million) and volume (Units) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.

• In addition, the long-term sector and products/services 10-year outlook and its implications on the global disposable syringes market. It also includes the industry's current state - Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.

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Global Disposable Syringes Market: Segmental and Market Share Analysis

• On the basis of grade, medical grade is anticipated to dominate the market, principally due to its wide use in the medical industry.

Report Synopsis
Report Metrics Details
Base Year 2023
Forecast Period 2023-2030
Base Year Market Size US$ 3,253.1 million
Market Size Forecast US$ 5,660.4 million
Growth Rate 8.21 %

Key Market Drivers

• Rising diseases
• Ageing population
• Rise in vaccination

Companies Profiled
• Medtronic
• Nipro Corporation
• Fresenius Kabi AG
• Baxter International Inc
• B. Braun Melsungen AG
• BD
• Terumo Corporation
• Novo Nordisk
• UltiMed Inc
• Henke-Sass
• Retractable Technologies
• Flextronics International Vita Needle Company

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Competition Analysis and Market Structure

These players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global disposable syringes market include,

• In November 2020, Baxter expanded its manufacturing facility located in Indiana, US. The expansion included a 25,000 square foot warehouse; a new filling line for flexible plastic containers; automated syringe fill line with an output of up to 600 units per minute, among others.
Some of the prominent players and suppliers operating and contributing significantly to the global disposable syringes market growth include Medtronic, Nipro Corporation, Fresenius Kabi AG, Baxter International Inc, B. Braun Melsungen AG, BD, Terumo Corporation, Novo Nordisk, UltiMed Inc, Henke-Sass, Retractable Technologies, and Flextronics International Vita Needle Company, among others.

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RationalStat has segmented the global disposable syringes market based on capacity (in ml), grade, design type, end user and region

• Global Disposable Syringes Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Capacity (in ml)
o 1 - 10
o 10 - 20
o More than 20
• Global Disposable Syringes Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Grade
o Medical Grade
o Non-Medical Grade
• Global Disposable Syringes Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Design Type
o Safety
o Standard
• Global Disposable Syringes Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by End User
o Hospitals
o Ambulatory Surgery Centers
o Pharmacies
o Others
• Global Disposable Syringes Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Region
o North America Disposable Syringes Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
 US
 Canada
o Latin America Disposable Syringes Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
 Brazil
 Mexico
 Rest of Latin America
o Western Europe Disposable Syringes Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
 Germany
 UK
 France
 Spain
 Italy
 Benelux
 Nordic
 Rest of Western Europe
o Eastern Europe Disposable Syringes Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
 Russia
 Poland
 Hungary
 Other CIS Countries
 Rest of Eastern Europe
o Asia Pacific Disposable Syringes Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
 China
 Japan
 India
 South Korea
 Australia
 ASEAN
• Indonesia
• Thailand
• Philippines
• Vietnam
• Malaysia
• Rest of ASEAN
 Rest of Asia Pacific
o Middle East & Africa Disposable Syringes Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
 GCC
• Saudi Arabia (KSA)
• United Arab Emirates (UAE)
• Rest of the GCC
 South Africa
 Nigeria
 Turkey
 Rest of the Middle East & Africa

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Key Questions Answered in the Disposable Syringes Report:
• What will be the market value of the global disposable syringes market by 2030?
• What is the market size of the global disposable syringes market?
• What are the market drivers of the global disposable syringes market?
• What are the key trends in the global disposable syringes market?
• Which is the leading region in the global disposable syringes market?
• What are the major companies operating in the global disposable syringes market?
• What are the market shares by key segments in the global disposable syringes market?

Research Methodology

RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts' viewpoint to create a research methodology for market sizing and forecasting.

RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
• Defining the problem by understanding the type of market and data required by the client.
• Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
• Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
• Evaluating and analyzing the data by referring to data sources utilized and leveraged.
• Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.

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RationalStat LLC
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RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
RationalStat has strategic partnerships with leading data analytics and consumer research companies to cater to the client's needs. Additional services offered by the company include consumer research, country reports, risk reports, valuations and advisory, financial research, due diligence, procurement and supply chain research, data analytics, and analytical dashboards.

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