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Disposable Syringes Market worth $30.22 billion by 2030, growing at a CAGR of 8.81% - Exclusive Report by 360iResearch
The "Disposable Syringes Market by Type (Conventional Syringes, Safety Syringes), Specification (10ml, 1ml, 20ml), Technology, Route of Adminstration, Application - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.The Global Disposable Syringes Market to grow from USD 16.73 billion in 2023 to USD 30.22 billion by 2030, at a CAGR of 8.81%.
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The disposable syringes are designed to be discarded after one use, preventing the spread of infections and diseases. The market covers various types of disposable syringes, including insulin syringes, tuberculin syringes, and others. The increasing incidence of chronic diseases that require injectable treatments, such as diabetes, raises the need for disposable syringes. Rising awareness of the importance of using sterile products to prevent cross-contamination and infections is further expanding the need for syringes. Rising healthcare expansion in developing countries increases the need for disposable medical supplies, including syringes. Partnerships with governments and organizations to supply syringes for immunization programs, especially in light of ongoing global vaccination efforts, create a platform for market growth. Environmental concerns regarding the disposal of medical waste and its impact on pollution hampers the market growth. Growing improvements in syringe design for better patient comfort and ease of use and rising investments in the development of smart syringes integrated with technology for accurate dosing and patient adherence tracking are expected to fuel the market growth.
In the Americas, the disposable syringes market is expanding, driven by a high availability of medical facilities and a strong focus on healthcare regulations. The rising prevalence of chronic diseases, coupled with an increasing number of hospitalizations, significantly contributes to the utilization of disposable syringes. South America is expanding with a robust healthcare system and stringent government regulations, ensuring the need for safe injection practices and creating a platform for market growth. EU countries exhibit a diverse and comprehensive market for disposable syringes, supported by favorable healthcare policies and a sturdy infrastructure. The rising geriatric population and subsequent increase in diseases requiring injectables fuel the need for disposable syringes within the region. In the Middle East, increased healthcare expenditure and growing medical tourism are positively influencing the disposable syringes market. The African market is gradually evolving with the expansion of healthcare services and a growing awareness of safe injection practices. Asia Pacific, particularly China, Japan, and India, represents a rapidly growing market for disposable syringes. Factors such as expanding healthcare infrastructure, increased healthcare spending, and growing patient awareness are driving the market in this region.
Market Segmentation & Coverage:
This research report categorizes the Disposable Syringes Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Conventional Syringes and Safety Syringes. The Safety Syringes is further studied across Non-Retractable Safety Syringes and Retractable Safety Syringes. The Safety Syringes commanded largest market share of 82.67% in 2023, followed by Conventional Syringes.
Based on Specification, market is studied across 10ml, 1ml, 20ml, 2ml, 30ml, 3ml, 50ml, and 5ml. The 3ml commanded largest market share of 22.41% in 2023, followed by 2ml.
Based on Technology, market is studied across Screw Mouth Type, Single-use Insulin Syringe, Single-use Self-destructing Syringe, Three-piece Type, and Two-piece Type. The Single-use Self-destructing Syringe commanded largest market share of 37.30% in 2023, followed by Three-piece Type.
Based on Route of Adminstration, market is studied across Intramuscular Injection, Intravenous Injection of Liquid Medicine, and Subcutaneous Injection. The Intravenous Injection of Liquid Medicine commanded largest market share of 39.25% in 2023, followed by Intramuscular Injection.
Based on Application, market is studied across Immunization Injections and Therapeutic Injections. The Therapeutic Injections commanded largest market share of 73.01% in 2023, followed by Immunization Injections.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 38.62% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Disposable Syringes Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Disposable Syringes Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Disposable Syringes Market, highlighting leading vendors and their innovative profiles. These include AdvaCare Pharma, ALMO-Erzeugnisse Erwin Busch GmbH, B. Braun SE, Baxter International, Inc., Becton, Dickinson and Company, Cole-Parmer Instrument Company, LLC, Fresenius Kabi AG, GPE-Plast Engineering GmbH, Henke Sass Wolf GmbH, Hindustan Syringes & Medical Devices Ltd., Hu-Friedy Mfg Co, LLC, ICU Medical, Inc., ISCON SURGICALS LTD., Jiangsu Shenli Medical Production Co., Ltd., KD Medical GmbH Hospital Products, Nipro Corporation, Novo Nordisk A/S, Retractable Technologies, Inc., Shree Umiya Surgical Pvt. Ltd., Sulzer Ltd., Taizhou Sanxin Medical Technology Co., Ltd., Terumo Corporation, Thermo Fisher Scientific Inc., UltiMed, Inc., Vita Needle Company, Weigao Group Medical Polymer Co., Ltd., and Yangzhou Medline Industry Co., Ltd..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Disposable Syringes Market, by Type
7. Disposable Syringes Market, by Specification
8. Disposable Syringes Market, by Technology
9. Disposable Syringes Market, by Route of Adminstration
10. Disposable Syringes Market, by Application
11. Americas Disposable Syringes Market
12. Asia-Pacific Disposable Syringes Market
13. Europe, Middle East & Africa Disposable Syringes Market
14. Competitive Landscape
15. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Disposable Syringes Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Disposable Syringes Market?
3. What is the competitive strategic window for opportunities in the Disposable Syringes Market?
4. What are the technology trends and regulatory frameworks in the Disposable Syringes Market?
5. What is the market share of the leading vendors in the Disposable Syringes Market?
6. What modes and strategic moves are considered suitable for entering the Disposable Syringes Market?
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