Global Disposable Syringes Market
Global Disposable Syringes Market Size, Share, Growth, Industry Trends and Forecast 2020-2030
The Global Disposable Syringes Market held USD 6008.6 million in 2020 and is to grow with a CAGR of 5.0% from 2020-2030. Disposable syringes are drug transport devices which are widely used for injecting drug dose into the body. Dosage volume is administered depending upon the medication, thereby allowing exact amount of drug to be injected without possibility of human errors. Innovations in pre-filled syringe products are boosting the market for disposable syringes. For example, Morimoto Pharmaceutical, a Japanese company, has announced the launch of its new pre-filled syringe called Morimoto S.A.F.E. Syringe Kit TM (Smart Accident Prevention, Fast & Easy). Innovative designs for pre-filled syringe products protect nurses and pharmacists from exposure to harmful compounds as the injection preparation is performed inside the enclosed system. Companies in the market for disposable syringes are increasing their research and development muscle in synergetic designs in order to deploy safe and easy medical processes.
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Market Dynamics and Factors :
Major driving factors for the disposable syringes market are increased spending on the healthcare and medical sector by various governments, growing drugs and injections prescription in Asian regions. High prevalence of chronic diseases worldwide, growing geriatric population, rising health syringes, technical advancements and increasing demand for vaccinations are driving the development of syringes on the market. Nevertheless, the high cost of safety syringes and the rising frequency of needle stuck accidents are major obstacles for the industry.
Market Segmentation:
Global Disposable Syringes Market – By Product
Syringes
Needles
Oral Syringes
Filling Needles
Global Disposable Syringes Market – By Distribution Channel
Specialty Drug Store
Hospital Pharmacy
Retail Pharmacy
Online Pharmacies
Global Disposable Syringes Market – By Application
Immunization
Therapeutics
Global Disposable Syringes Market – By Geography
North America
U.S.
Canada
Mexico
Europe
U.K.
France
Germany
Italy
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
Rest of Asia Pacific
ROW
Latin America
Middle East
Africa
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Geographic Analysis :
Emerging Asia-Pacific markets give strong growth opportunities for companies involved in the production and manufacture of syringes. Growing technical advancements, growing the attention of multinational players, accelerated urbanization, favorable regulatory policies for the acceptance of new injectables, and rapid growth in the aging population are key factors for the growth of disposable syringes market in this region.
A variety of factors, such as growing prevalence of chronic and lifestyle disorders, increasing drug approvals, rising acceptance of specialty syringes, increasing approvals for biologics, and rising advances in injection products, are driving the growth of the North American industry. The Asia-Pacific market is expected to grow at the highest CAGR level from 2016 to 2021. Factors such as growing technological advancements, growing the attention of global companies on the region, rapid urbanization, favorable regulatory policies for the acceptance of new injectables, and rapid growth in the aging population are driving demand growth in the region
Competitive Scenario :
Global disposable syringes market, is highly competitive, consists of a few major players. Key companies are also expanding their manufacturing facilities to cater to growing demand for this drug globally. Key players enhancing the global disposable syringes market size include Braun Medical Inc., Retractable Technologies, Inc., Fresenius Kabi AG; Novo Nordisk, Baxter International, Inc, Flextronics International Vita Needle Company, Terumo Corporation, Covidien; and Becton, Dickinson and Company.
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How will this Market Intelligence Report Benefit You?
The report offers statistical data in terms of value (US$) as well as Volume (units) till 2030.
Exclusive insight into the key trends affecting the Global Disposable Syringes industry, although key threats, opportunities and disruptive technologies that could shape the Global Disposable Syringes Market supply and demand.
The report tracks the leading market players that will shape and impact the Global Disposable Syringes Market most.
The data analysis present in the Global Disposable Syringes Market report is based on the combination of both primary and secondary resources.
The report helps you to understand the real effects of key market drivers or retainers on Global Disposable Syringes Market business.
The 2021 Annual Global Disposable Syringes Market offers:
100+ charts exploring and analysing the Global Disposable Syringes Market from critical angles including retail forecasts, consumer demand, production and more
15+ profiles of top producing states, with highlights of market conditions and retail trends
Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand
Benchmark wholesale prices, market position, plus prices for raw materials involved in Global Disposable Syringes Market type
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