According to the research report titled ‘Disposable Syringes Market, [By Type; By Application; By Region]: Market Size & Forecast, 2018 - 2026‘, available with Market Study Report, global disposable syringes market is anticipated to witness a CAGR of 5.6% during 2018-2026 and is expected to reach USD 11.19 billion by the end of the stipulated timeframe.
 

Rise in approvals for growing number of injectable drugs, concerns regarding accidental needlestick injuries with reusable syringes, and demand for self-administration of drugs especially in point-of-care systems are contributing to global disposable syringes market growth.
 

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From a regional perspective, North America disposable syringes market currently accounts for majority share but is expected to be surpassed by Asia pacific industry during the forecast period. Factors like favorable government measures and directives to keep a track on the spread of fatal diseases such as HIV is accelerating the regional market expansion.
 

Furthermore, China and India are the prominent players for the disposable syringes industry growth in recent times owing to rise in healthcare infrastructure and high population densities in these countries. Furthermore, government initiatives towards large-scale immunization is also poised to fuel the industry expansion in the countries. Also, rising interest of US and Europe towards India and China by providing quality syringes further contributes to the regional industry growth.    
 

Meanwhile, Europe disposable syringes market is predicted to be second largest in terms of revenue gains during the forecast period owing to availability of large number of injectable drugs in the region. Furthermore, issues of stick injuries, improvements in healthcare quality, increasing efforts by leading companies on improving the product, and rising number of clinical trials are enhancing the industry outlook in the region.
 

Key players operating in global disposable syringes market are Vita Needle Company, Retractable Technologies, Inc., Novo Nordisk AG, Baxter International, Inc., Becton, Dickinson and Company, Covidien(acquired by Medtronic plc)., UltiMed, Inc., Fresenius Kabi AG, Terumo Corporation, and Henke-Sass Wolf GmbH.