Europe Disposable Syringes Market

Europe Disposable Syringes Market Size (2023 to 2028)

The disposable syringes market size in Europe is predicted to be worth USD 5.83 billion by 2028 from USD 4.53 billion in 2023, growing at a CAGR of 5.16% from 2023 to 2028.

The growing population suffering from chronic diseases, such as cancer, diabetes, cardiovascular diseases and others across the European region is majorly driving the European disposable syringes market growth. As per the data published by Eurostat, an estimated 35.2% of the European population suffered from chronic diseases in Europe in 2021 and the number of people suffering from chronic diseases in Europe is expected to grow gradually from here on owing to the increasing adoption of sedentary lifestyles and growing consumption of alcohol and tobacco. Primarily, people who are suffering from diabetes disease use disposable insulin syringes to reduce the risk of virus contamination in reusable insulin syringes. In addition, the growing aging population in the European region is predicted to contribute to the disposable syringes market growth in Europe. People aged are more likely to be prone to various diseases and frequently use syringes in treatment procedures. Furthermore, the aging population is growing rapidly in the European region and as per the predictions by the World Economic Forum, an estimated 35% of the European population is expected to be aged more than 65 years by 2100.

The growing efforts from the market participants are anticipated to propel the European disposable syringes market growth in the coming years. The manufacturers of disposable syringes offer products in various sizes to cater to the needs of all segments and invest significant amounts in research and development of disposable syringes to innovate and manufacture advanced and effective disposable syringes. As a result, the demand for disposable syringes has been growing gradually over the last few years and to address the growing need; the manufacturers have increased their investments to boost their production capabilities. In addition, the growing focus from the manufacturers to develop low-cost and quality disposable syringes for the patient population contributes to the market growth.

The growing adoption of disposable syringes by many hospitals and clinics in the European region is boosting regional market growth. In hospitals and clinics, disposable syringes are used in several ways to take blood from the body for blood tests and used to inject drugs or vaccines into the body to build antibodies against the illness. In previous decades, healthcare providers used the same syringes for different patients after sterilization. In this process, the spread of infection and virus between one patient to other patients is increased, which results in increasing the adoption of disposable syringes, which are cost-effective and can be easily used and disposed of.

However, the high cost of some disposable syringes is the primary factor restraining the market growth. In addition, strict government regulation on using different types of plastic also hampers market growth.

This research report on the Europe disposable syringes market has been segmented and sub-segmented into the following categories.

By Product:

• Conventional Syringes
• Safety Syringes
  • Retractable Safety Syringes
  • Non-retractable Safety Syringes

Based on product, the safety syringes segment had the largest share of the European disposable syringes market in 2022 and the domination of the segment is predicted to continue throughout the forecast period.

By Application:

• Immunization Injections
• Therapeutic Injections

Based on application, the therapeutic injections segment held the leading share of the European market in 2022 and is predicted to pose a healthy CAGR during the forecast period.

By End Use:

• Hospital
• Diagnostic Laboratories
• Blood Banks
• Pharmaceutical industry
• Veterinary purposes
• Others

By Country:

• UK
• France
• Spain
• Germany
• Italy
• Russia
• Sweden
• Denmark
• Switzerland
• Netherlands
• Turkey
• Czech Republic
• Rest of Europe

Geographically, the European disposable syringes market accounted for a substantial share of the worldwide market in 2021 and is predicted to grow promisingly during the forecast period owing to the increasing healthcare expenditure and rising adoption of safety treatment. Owing to the growing patient population suffering from HIV and the increasing willingness of healthcare providers and patients to use disposable syringes as they can reduce the spread of infections between patients and healthcare providers, the European disposable syringes market is anticipated to experience a healthy growth rate in the coming years. Furthermore, as per recent data, HIV transmission is a major public issue affecting nearly 2.3 million people in the European region and increasing awareness programs by healthcare organizations and critical manufacturers about the benefits of using disposable syringes for various diseases through different mediums.

The German disposable syringes market is anticipated to hold a substantial share of the European market during the forecast period. The growth of the German market is majorly driven by the growing number of manufacturers of disposable syringes. In addition, during the COVID-19 pandemic, the production of disposable syringes has increased, mainly used to give Covid-19 vaccine to people in the region to prevent the spread of the virus.

The UK disposable syringes market is predicted to witness a noteworthy CAGR during the forecast period in the European region. Increasing the availability of disposable syringes in both offline and online pharmacy stores in the UK and providing cost-effective syringes is one of the leading factors propelling the UK market growth. In addition, the UK government has taken several measures to approve disposable syringes in the country for the population's safety.

Countries such as France, Italy, Spain and the Netherlands are predicted to register a healthy CAGR during the forecast period owing to the increasing patient population suffering from cancer and cardiovascular diseases.

KEY MARKET PLAYERS:

Becton, Dickinson and Company, Terumo Corporation, B. Braun Melsungen AG, Smiths Medical and Gerresheimer AG are some of the notable players in the European disposable syringes market.