The global disposable syringes market size was USD 5.96 Billion in 2021 and is expected to register a revenue CAGR of 5.6% during the forecast period. Increasing need for injectable drugs, rising prevalence of various chronic diseases, advancements in syringes, growing number of immunization and vaccination programs, and need to prevent the spread of blood-borne illness are factors expected to drive market revenue growth during the forecast period. According to World Health Organization (WHO), approximately 16 Billion injections are administered each year globally. Disposable syringes are crucial in every hospital and nursing care centers.
Rising need to control the spread of diseases such as Influenza, AIDS, and Hepatitis that spread through blood infection is boosting demand for disposable syringes instead of glass syringes. Around 2 Million people get infected with diseases such as Hepatitis and HIV each year due to usage of reusable syringes. Ability of disposable syringes to prevent the plunger being pulled back after an injection so that it cannot be reused is resulting in increasing demand for the product. Advantages associated with disposable syringes such as preventing the spread of infections from patient to patient as well as ensure sterility, and rising need to improve facilities at the hospital to dispose of syringes are expected to boost revenue growth of the global disposable syringes market during the forecast period. Disposable syringes made of plastic material are increasingly being utilized in the medical and pharmaceutical sector, due to advantages offered by disposable syringes such as cost and hygiene.
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Rising number of coronavirus cases has been resulting in increasing demand for disposable syringes and this led to shortage of syringes. Launch of various vaccines for COVID-19 is resulting in increasing demand for disposable syringes to administer drugs and prevent rise in number of cases. Government of various countries across the globe are increasingly investing in vaccination programs which is resulting in growing need for disposable syringes. Government is partnering and supporting community organizations to conduct extensive and well-managed community engagement. Extensive focus on research, international collaboration among researchers, and increasing public investments in research & development of COVID-19 vaccines are factors that are expected to result in constantly rising demand for disposable syringes and driving market revenue growth. Increase in number of needle-stick injuries across the world is resulting in rising need for syringes with a safety mechanism, which is driving demand for disposable syringes. Currently, needlestick injuries is one of the most important occupational hazards among healthcare workers across the world. According to WHO, more than 2 Million occupational exposures to sharp injuries occur among 35 million healthcare workers annually. The needlestick injuries increases the risk of over 20 types of infectious diseases among healthcare workers.
Manufacturers are increasingly investing in research and development activities for launching advanced disposable syringes in order to meet the growing demand for easy-to-use drug delivery services. Hindustan Syringes & Medical Devices Ltd launched auto disposable syringes which are mainly used in the immunization segment, with a fixed needle. In August 2021, Hindustan Syringes & Medical Devices Ltd announced that it has achieved auto disposable syringe capacity of over 1 Billion for COVID vaccination. In December 2020, the company dispatched 14 crore auto disposable syringes to the COVAX stockpile facility created in anticipation for supporting global worldwide vaccination drive. However, high cost of disposable syringes for one-time use, stringent government regulations and creation of bio-hazard waste are factors that could restrain market revenue growth during the forecast period.
Market Dynamics:
Driver: Increasing prevalence of chronic diseases is a key revenue growth driving factor
Increasing prevalence of various chronic diseases and rise in number of global geriatric population and diabetic patients, which are resulting in growing need for collecting blood samples for various tests are factors expected to drive demand for disposable syringes from hospitals, blood collection centers, pathological laboratories, clinics, and diabetic centers. Chronic diseases affect approximately 133 Million Americans representing more than 40% of the total population of the country, as per the National Health Council. By 2020, the number is expected to rise to an estimated 157 Million, with 81 Million having multiple conditions. Features or advantages of disposable syringes such as cost effectiveness, ease of use, convenience, and availability of sterilized disposable syringes is boosting market revenue growth during the forecast period. Shifting preference of doctors for injectable formulations in case of emergency of for quicker recovery is driving demand for disposable syringes. Ability of the disposable syringes to prevent the spread of infections at lower maintenance costs associated with its usage are other major factors boosting adoption of these syringes.
Restraint: Rising amount of bio hazard waste is a key factor restraining revenue growth
Growing concerns regarding increasing amount of bio hazard waste generated by the healthcare facilities is restraining market revenue growth. Disposable syringe is one of the major items in the medical waste. Management of waste from mass and routine injection activities remains problematic till today, as large volumes of disposable or auto-disable syringes and needles are generated every day. Lack of disposal and destruction systems is a major challenge post usage of disposable syringes. Thus requirement of sharp boxes for safe destruction of disposable syringes as well as final containment of the residue is growing. Improper disposal can lead to resale, reuse, increased likelihood of needle-stick injuries and danger to human life. During the pandemic tons of medical waste is been generated in parallel to growing demand for medical supplies and disposable personal protective equipment. Hospitals in almost all the countries are generating six times as much medical waste at peak of the outbreak, and daily output of medical waste has reached almost 240 metric tons. These factors could hamper adoption of disposable syringes to some extent.
Key Takeaways
Product Type Outlook
Based on product type, the global disposable syringes market has been segmented into general syringes, specialized syringes, safety syringes, pre-filled syringes, and others. Safety syringes segment is expected to account for largest market share in the global disposable syringes market over the forecast period. Ability of safety syringes to minimize the risk of needle-stick injuries for the user and for third parties and prevent reuse is expected to boost revenue growth of the segment during the forecast period. Safety syringes are available in wide range of sizes and can protect all sizes of needle except the longest. It helps in the prevention of transmission of diseases such as Hepatitis and AIDS among the healthcare workers. Administering local anesthesia by doctors while dental procedures, while giving stitches, or other surgical procedures, injecting of insulin to diabetic individuals are some of the common uses of the safety syringes. Moreover, it is commonly utilized to administer drugs and vaccines as well as for extracting blood. Healthcare professionals are increasingly preferring safety disposal syringes over reusable syringes due to growing concerns regarding injuries and accidental spreading of infections related caused due to re-usable needles.
Application Outlook:
Based on application, the global disposable syringes market has been segmented into immunization injections and therapeutic injections. Therapeutic injections segment is expected to account for a considerably large revenue share in the global disposable syringes market owing to increasing prevalence of infectious diseases such as AIDS and Hepatitis. For instance, an estimated 5.6 Million U.S. healthcare workers have a risk of exposure to blood-borne diseases through needlestick injuries. Rising need to prevent the spread of infections is resulting in growing usage of therapeutic injections. Increasing prevalence of chronic diseases and rising need to administer insulin to diabetic patients are factors boosting need for therapeutic injections. The therapeutic injections are also utilized to treat acute and chronic pain syndromes, help to reduce swelling, provide long lasting relief, help pinpoint the source of pain and complements other treatments. Ability of the therapeutic injections to reduce symptoms of various conditions such as degenerative disc disease, rheumatoid arthritis, psoriatic arthritis, osteoarthritis, facet joint syndrome, gout, spinal stenosis, and paresthesia.
End use Outlook:
Based on end use, the global disposable syringes market has been segmented into hospitals, blood collection centers, diabetic centers, veterinary clinics, and others. Hospital segment is expected to register a significantly high revenue growth over the forecast period. The disposable syringes are in high demand and the popularity is expected to increase tremendously, especially for use in hospitals across the globe in order to prevent the spread of blood-borne illness. Rising prevalence of chronic and infectious diseases is resulting in need for extraction of blood samples for diagnosis and to administer drugs for treating the diseases, which is boosting need for disposable syringes. Increasing number of needlestick injuries among the healthcare providers is resulting in growing demand for syringes with safety mechanisms. As per the Centers for Disease Control and Prevention (CDC) and European Agency for Safety and Health at Work reports, there are more than 385,000 and 1,000,000 needlestick injuries cases annually among hospital healthcare workers in the U.S. and Europe respectively. The pandemic has also generated demand for disposable syringes for drug administration as well as for vaccination purposes among the healthcare facilities. Availability of disposable syringes in sterilized condition, cost effectiveness, ready to use, and convenience are increasing product demand and usage in hospitals across the world.
Regional Outlook:
Based on regional analysis, the market in North America is expected to account for largest revenue share in the global market during the forecast period, owing to increasing prevalence of chronic diseases and rising number of diabetic patients. Chronic diseases are the leading cause of death and disability in the U.S. Nearly half of the population, which is almost 45% or 133 million, suffer from at least one chronic disease. Chronic diseases are leading to hospitalization and long term treatment which is boosting demand for disposable syringes for drug administration and for extracting of blood sample for diagnosis purposes. According to the Centers for Diseases Control, in the U.S. alone, chronic diseases account for nearly 75% of aggregate healthcare spending, and more than two thirds of all deaths are caused by one or more of these chronic diseases such as heart diseases, chronic obstructive pulmonary diseases, and diabetes. Additionally, increasing cases of needlestick injuries among the healthcare workers in the region is driving usage of disposable syringes. As per a national study conducted in the U.S. in 2017, needlestick injury is referred as the main cause of percutaneous injuries in more than 71% of reported cases among healthcare workers. Major companies operating in countries in the region are focusing and investing in research, development, and production of auto-disable syringes, safety syringes, and sterilizable syringes.
The market in Asia Pacific is expected to register steady revenue CAGR over the forecast period, owing to increasing number of pathological laboratories, hospitals, and clinics, coupled with growing need for disposable syringes to administer drugs. Government in countries in the region is increasingly investing in development of the healthcare facilities in order to improve patient safety and health, and prevent the spread of blood-borne illness, which is driving usage of disposable syringes. Growing number of immunization and vaccination programs in countries in the region is leading to higher demand for disposable syringes.
Competitive Landscape:
Competitive landscape of the global disposable syringes market is moderately fragmented with a number of key players operating on global and regional levels. Key players are engaged in product development and strategic alliances to expand their respective product portfolio and gain a robust footing in the global market. Major players in the market include B. Braun, Baxter International, Becton, Dickinson, and Company, Cardinal Health, Inc., Fresenius Kabi AG, Terumo Corporation, Novo Nordisk, Henke-Sass, Wolf GmbH, Hindustan Syringes & Medical Devices, and Nipro Corporation.
Segments Covered in the report
This report offers historical data and forecasts revenue growth at a global, regional, and country level, and provides analysis of the market trends in each of the sub-segments from 2022 to 2030. For the purpose of this report, has segmented the global disposable syringes market based on product type, application, end use, and region:
Disposable Syringes Market Report Scope
Segments covered By Product Type Outlook, Application Outlook, End use Outlook, Regional Outlook
By Product Type Outlook
General Syringes
Specialized Syringes
Safety Syringes
Pre-filled Syringes
Others
By Application Outlook
Immunization Injections
Therapeutic Injections
By End use Outlook
Hospitals
Blood Collection Centers
Diabetic centers
Veterinary Clinics
Others
Regional scope
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
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