Disposable Syringes Global Strategic Business Report 2024 - Safety Syringes Segment is Forecast to Reach US$15 Billion by 2030 with a CAGR of a 6.8% [Yahoo! Finance]
Becton, Dickinson and Company (BDX)
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Source: Yahoo! Finance
The global market for Disposable Syringes was estimated at US$14.5 Billion in 2023 and is projected to reach US$21.9 Billion by 2030, growing at a CAGR of 6.1% from 2023 to 2030. The growth in the disposable syringes market is driven by several factors, including rising healthcare needs, technological advancements, and global vaccination initiatives. The increase in chronic diseases such as diabetes, which require regular injections, and the rising geriatric population contribute to the heightened demand for these products. The global focus on immunization and vaccination campaigns, especially in response to infectious diseases and pandemics, has also led to a surge in disposable syringe consumption. Furthermore, the emphasis on infection control in healthcare facilities drives the preference for single-use syringes, ensuring patient safety and compliance with medical standards. Technological innovations, such as the development of auto-disable and smart syringes, are enhancing s
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