Disposable syringes are available in 2 ml, 5 ml, 10 ml, 1 ml, 20 ml, and 30 ml variants. The barrel of these syringes is usually made of polypropylene and the plunger is made of polyethylene. Non-toxic Pyrogen-free materials are also used to make disposable syringes. There are two types of disposable syringes that include, safety syringes and conventional syringes. Safety syringes include, automotive retractable, manual retractable, and non-retractable and conventional syringes include, syringes without needles and syringes with needles.
The global disposable syringes market is estimated to account for US$ 11,413.7 Mn in terms of value by the end of 2027.
Global Disposable Syringes Market: Drivers
Increasing launch of advanced disposable syringes is expected to boost growth of the global disposable syringes market over the forecast period. For instance, in February 2020, Transcodent GmbH & Co. KG launched the Transcodent Painless Steel Dental Injection Needles, disposable and sterile needles for the delivery of anesthetic.
Global Disposable Syringes Market: Opportunities
Use of superior material for manufacturing disposable syringes is expected to offer lucrative growth opportunities for players in the market. Use of polypropylene, polyethylene, and non-toxic pyrogen-free materials may offer safe and easy-to-use disposable syringes.
Global Disposable Syringes Market: Restraints
Less stringent governmental legislation in emerging economies regarding use of disposable syringes is expected to hamper growth of the market. Use of disposable safety syringes in emerging economies such as India, China, and Bangladesh is yet to match up to international standards. The use of disposable injections for multiple administrations is a common practice in developing economies. Such practices can lead to transmission of various infectious diseases.
The global disposable syringes market was valued at US$ 6,514.7 Mn in 2019 and is forecast to reach a value of US$ 11,413.7 Mn by 2027 at a CAGR of 7.6% between 2020 and 2027. Increasing incidence of diabetes in developed and developing economies is expected to assist the growth of the market.
Safety Syringes segment held dominant position in the global disposable syringes market in 2019, accounting for 69.5% share in terms of value. Increasing demand for automatic retractable syringes is anticipated to drive the growth of the segment during the forecast period.
Use of sterilizable syringes and needles in developing economies is a major cause of HIV and Hepatitis B transmission. This has promoted the use of disposable syringes and needles in order to reduce the risks associated with improper serialization practices.
Although disposable syringes reduce the time required for cleaning and serialization, this feature is prone to several safety issues. Deposable syringes are often reused without sterilization as they deform when sterilized. Illegal markets also benefit from the reusability of disposable syringes.
Global Disposable Syringes Market: Competitive Landscape
Major players operating in the global disposable syringes market include, B. Braun Melsungen AG, Becton, Dickinson & Company, CODAN Medizinische Geräte GmbH & Co KG, Gerresheimer AG, Covidien plc (Medtronic plc), Retractable Technologies, Inc., Star Syringe Ltd., Smiths Medical, Terumo Corporation, and Transcodent GmbH & Co. KG (Sulzer Ltd.) Unilife Corporation.
Global Disposable Syringes Market: Key Developments
March 2020: Retractable Technologies, Inc. reported its majority of revenue from VanishPoint syringe. VanishPoint syringe sales were 89.9%, 84.9%, and 85.6% of the company’s revenues in 2017, 2018, and 2019
May 2019: Young Innovations, a dental products manufacturer, acquired assets of Crystal Tips, a supplier of disposable air/water syringe tips and adapters