Disposable Syringes Market

Disposable Syringes are a common tool in the medical and veterinary sciences and are composed of plastic. Disposable syringes are quickly taking the place of traditional glass syringes since they are readily available in sterilized condition, ready to use, and are more affordable. Additionally, the scourge of AIDS has virtually eliminated the reuse of syringes, and the demand for disposable syringes has skyrocketed. Most disposable syringes are made of polypropylene and are injection molded. Syringes come in sizes of 1 ml, 2 ml, 5 ml, and 10 ml, come in a variety of shapes, and are either constructed of two or three components. The size and quantity of injection molding machines needed depend on the design of syringes, the number of mold cavities, and the annual production. The high prevalence of chronic diseases, the rising manufacturing, and the rising demand for injectable drugs is expected to boost the global disposable syringes market growth over the forecast period.

Market Dynamics

The key market players are focusing on adoption of growth strategies such as partnerships, as well as acquisitions, which is attributed to the growth of global disposable syringes market. For instance, in September 2021, ICU Medical, Inc., a medical device company which develops, manufactures, distributes and commercializes devices used in infusion therapy and critical care applications and Smiths Group plc., a diversified technology company announced that ICU Medical has committed to acquire the Smiths Medical division in a transaction that is superior to the existing proposed sale of Smiths Medical to Trulli Bidco Ltd. The Smiths Medical business includes syringe and ambulatory infusion devices, vascular access, and vital care products. When combined with ICU Medical’s existing businesses, the combined companies will be a leading infusion therapy company with estimated pro forma combined revenues of approximately US$ 2.5 billion.

Key features of the study:

• This report provides an in-depth analysis of the global disposable syringes market and provides market size (US$ Billion) and Compound Annual Growth Rate (CAGR) for the forecast period (2023–2030), considering 2022 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

• It profiles key players in the global disposable syringes market based on the following parameters–Company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include B. Braun SE, BD (Becton, Dickinson and Company), CODAN Medizinische Geräte GmbH, Gerresheimer AG, Medtronic, Retractable Technologies, Inc., Star Syringe Limited, ICU Medical, Inc., Terumo Corporation, and Sulzer Ltd.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• Global disposable syringes market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global disposable syringes market

Detailed Segmentation:

• Global Disposable Syringes Market, By Product Type:
  • Safety Syringes
    • Automatic Retractable
    • Manual Retractable
    • Non-retractable
  • Conventional Syringes
    • Syringes without Needle
    • Syringes with Needle
• Global Disposable Syringes Market, By Region:
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles
  • B. Braun SE
  • BD (Becton, Dickinson and Company)
  • CODAN Medizinische Geräte GmbH
  • Gerresheimer AG
  • Medtronic
  • Retractable Technologies, Inc.
  • Star Syringe Limited
  •  ICU Medical, Inc.
  • Terumo Corporation
  • Sulzer Ltd