A syringe is a simple reciprocating pump which consists of a plunger or a piston and that fits tightly inside a cylindrical tube called a barrel. Syringes are widely used in clinical medicine to provide injections, add compounds such as lubricant or adhesive, infuse intravenous therapy into the bloodstream, and to draw and measure liquids. Disposable syringe is the type of a syringe that also consists of a plunger or piston within a barrel to provide injection. This syringe can be discarded immediately after single use to avoid the transmission of the several diseases.
The global disposable syringe market has been seeing ample growth from the past few years. The growth of the disposable syringe market is primarily driven by increasing demand for disposable syringe from various end users to avoid reuse of the syringe and to control the infection spread. Likewise, factors such as rapidly growing healthcare industry across the globe, growing market for medical device, surge in the demand for injectable drugs, increasing healthcare expenditure, rising cases of niddlestick injuries, growing prevalence of various chronic diseases, and growing technological advancements in the field of medical instruments are expected to improve growth of the market during the forecast period.
The exclusive COVID 19 impact analysis report by Axiom MRC provides a 360 degree analysis of micro and macro-economic factors on the disposable syringes market. In addition, complete analysis of changes on disposable syringes market expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on global economies, international trade, business investments, GDP and marketing strategies of key players present in the market. Increasing demand for disposable medical devices during and after COVID-19 pandemic is expected to boost the market growth.
The study analyses global disposable syringes market based on product type, application, end user and geography.
Based on product type, safety syringe segment dominated the market in the past few years and is likely to maintain its dominance at high growth rate during the forecast period. A safety syringe is one of the most widely used disposable syringe with a built-in safety feature to minimize the risk of needlestick injuries to healthcare staff and others. The factors such as increased awareness regarding the patients and care providers safety, the vast availability of safety syringe in the market and surge in the adoption of safety syringe owing to its several benefits are accredited to the growth of the market.
Based on application, therapeutics injections is expected to witness fast growth during estimated time owing to the increasing demand for injectable drugs to treat diseases. High prevalence of diseases such as malaria, HIV infection, dengue and tuberculosis, results in high consumption of injections, which are used in the treatments and diagnosis of these diseases. Thus increased use of therapeutics injection treatment method across various hospitals and other end user applications is expanding the growth of the market.
Based on end user, hospitals and diagnostic center segments are projected to witness fast growth during the forecast period. The major factors such as increasing number of hospitals across the globe, rising government expenditure on the healthcare infrastructure and medical instruments, surge in the demand to treat various chronic diseases in the quick way, and rising need to avoid possibility of cross contamination or of spreading any diseases by syringe needle are some of the key benefiting factors that attributed to the market growth.
Geographically, the study is comprised of the key countries of North America, Europe, Asia-Pacific and Rest of the World. North America held the largest market share of global disposable syringes market and is likely to dominate the market over the estimated time frame. The massive presence of various disposable syringe manufacturing companies across the region, well-established healthcare industry, rapidly growing market for medical instruments, rising investment on the research and development activities in the field of medical devices, and growing prevalence of diseases such as diabetes are some of the contributing factors behind the healthy growth of the market across the NA region.
The major key players of market includes Braun Medical, Inc, Fresenius Kabi AG, Baxter International, Inc, Flextronics International Vita Needle Company, Terumo Corporation, Novo Nordisk, UltiMed, Inc, Henke-Sass, Wolf, Covidien, Retractable Technologies, Inc, Becton, and Dickinson and Company among others.
The study analyses global disposable syringes market based on product type, application, end user and geography. Disposable Syringes market by product type is segmented into conventional syringes, safety syringes, and pre-filled syringes. The safety syringes segment is likely to dominate the market over the forecast period. Increased adoption of safety syringes in various end user applications owing to its several benefits such as niddlestick prevention feature is attributed to the market growth. The market finds application in immunization injections, and therapeutic injections. By end use, the market is segmented into hospitals, diagnostic laboratories, diabetic centers, veterinary clinics, and others. The hospital segment is likely to register fastest growth in years to come owing to rising demand for disposable syringe by healthcare professionals across the globe. Geographically, the study is comprised of the key countries of North America, Europe, Asia-Pacific and Rest of the World.
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