The global disposable syringes market size is expected to reach USD 11.75 billion by 2028 according to a new study by Polaris Market Research. The report “Disposable Syringes Market Share, Size, Trends, Industry Analysis Report, By Application (Immunization Injections, Therapeutic Injections); By Type; By Region; Segments & Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Use-and-throw types of products are more reliable than other types in the self-administration of drugs, owing to many safety features accompanying them. This is especially valid for point of care systems which is currently advocating the self-administration of drugs.
Intravenous and Intramuscular are the two chosen modes of drug delivery. Disposable ones are to be relied upon to give medication through the above two modes, namely intravenous and intramuscular. They are cost-conscious and keep infection at bay. They score over conventional types here.
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North America is a leader in the segment but soon will be offset by expanding Asia pacific in the forecast period. The drivers to the disposables industry can be attributed to favorable government initiatives and directives that have pursued industry growth. Government initiatives to check the spread of fatal diseases such as HIV also boost the industry over the coming years.
Europe is the second-largest market in the forecast period. Both America and Europe will consolidate share owing to a higher number of injectable drugs that are occupying volume lately. Furthermore, concerns of stick injuries and improvements in quality have given impetus to growth.
The key players include UltiMed, Inc., Terumo Corporation., Novo Nordisk AG, Henke-Sass, Wolf, Braun Medical, Inc., Covidien, Retractable Technologies, Inc. Fresenius Kabi AG., Becton, Dickinson and Company, Flextronics International Vita Needle Company, and Baxter International, Inc.
Polaris Market Research has segmented the disposable syringes market report on the basis of type, application, and region:
Disposable Syringes, Type Outlook (Revenue – USD Million, 2016 – 2028)
- Safety Syringes
- Conventional Syringes
Disposable Syringes, Application Outlook (Revenue – USD Million, 2016 – 2028)
- Immunization Injections
- Therapeutic Injections
Disposable Syringes, Regional Outlook (Revenue – USD Million, 2016 – 2028)
- North America
- Asia Pacific
- South Korea
- Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa