The global Disposable Syringes Market was worth USD 14.7 billion in 2023, projected to reach USD 29.06 billion by 2032, with a CAGR of 7.88%. The U.S. market hit USD 3.63 billion in 2023 and is expected to reach USD 7.07 billion by 2032, growing at a CAGR of 7.70%. Increases driven by demand for safe medical devices due to chronic diseases and an aging population.
Disposable syringes are crucial in healthcare settings, ensuring safety and compliance with infection prevention protocols. The U.S. leads in adoption due to advanced systems and innovations like auto-disable syringes. Conventional syringes dominate the market, but safety syringes are growing rapidly due to their safety features and ease of use.
In 2023, hospitals accounted for 51% of the Disposable Syringes Market, while safety syringes and prefilled systems are emerging rapidly. North America leads the market with a 38% share, driven by advanced healthcare infrastructure and strict regulations. Asia-Pacific is the fastest-growing region, fueled by urbanization and government immunization programs.
Globally, over 20 billion disposable syringes were used in 2023, with the U.S. consuming nearly 15%. The average cost per syringe is expected to decrease by 18% by 2030, and adoption of safety syringes is projected to increase from 28% in 2023 to 60% by 2032. Key companies in the market include Becton, Dickinson and Company, B. Braun Melsungen AG, Terumo Corporation, Nipro Corporation, and Hindustan Syringes & Medical Devices Ltd. The Disposable Syringes Market Report covers major players like Smiths Medical, Cardinal Health, Gerresheimer AG, SCHOTT AG, and Weigao Group. The market is segmented by syringe type (Safety Syringes and Conventional Syringes) and end-use (Hospital, Outpatient Facilities, Research & Manufacturing). The market is expected to reach USD 29.06 billion by 2032 with a CAGR of 7.8%.
The market analysis includes a regional breakdown of North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. The report provides insights on market size, segments analysis, competitive landscape, regional analysis, DROC & SWOT analysis, and forecast outlook. Customization options are available upon request, with pricing details available on the website.
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Read more at GlobeNewswire: Disposable Syringes Market Size to Reach USD 29.06 Billion