According to a new report, published by KBV research, The Global Disposable Syringes Market size is expected to reach $22.45 billion by 2030, rising at a market growth of 6.3% CAGR during the forecast period.
The Therapeutic Injections segment acquired the maximum revenue share in the Global Disposable Syringes Market by Application in 2022 thereby, achieving a market value of $18.4 billion by 2030. The segment is expected to expand significantly because of the rise in patients with diabetes. During the forecast period, the key factors fuelling the growth of the disposable syringes market are the rising awareness of improper injection practices that can cause infections like septicemia and nerve damage.
The Conventional Syringes market is showcasing a CAGR of 6.9% during (2023 - 2030). Conventional syringes are designed for single use and are typically made of plastic. Governments in emerging nations are increasing the usage of traditional disposable syringes and needles to decrease the spread of disease to patients, which will drive the segment's rise throughout the forecast period.
The North America market dominated the Global Disposable Syringes Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $7.3 billion by 2030. The Europe market is showcasing a CAGR of 5.9% during (2023 - 2030). Additionally, The Asia Pacific market would witness a CAGR of 6.8% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/disposable-syringes-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Becton, Dickinson and Company, Medtronic PLC, Fresenius SE & Co. KGaA, Terumo Corporation, Novo Nordisk A/S, Baxter International, Inc., B. Braun Melsungen AG, Flextronics International, Ltd., Nipro Corporation, and UltiMed, Inc.
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