Product Code: ETC363264 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The disposable syringes market size was valued at around USD 568 million and is expected to register a CAGR close to 8.4% owing to its increased demand due to rise in number of hospitalizations owing to lifestyle diseases? prevalence coupled with growing geriatric population base across India. Additionally, increasing awareness regarding safety measures related with injections among healthcare practitioners has resulted into higher preference for disposables over reusable syringes; thereby driving up demand for disposable syringes all over India. Moreover, several technological advancements have been made towards developing precision injection systems; which include automated injections delivery systems having enhanced accuracy features & improved ergonomics that helps reduce operator fatigue; these developments are likely boost sales prospects within India markets during forecast period.
The India disposable syringes market is witnessing substantial growth due to various drivers. One of the key drivers is the growing healthcare infrastructure and the increasing number of medical procedures and vaccination programs across the country. Disposable syringes offer convenience, safety, and reduced risk of infection transmission, making them the preferred choice for various medical applications. The government`s efforts to improve healthcare access in rural areas and its focus on immunization drives have also contributed to the rising demand for disposable syringes. Additionally, the ongoing COVID-19 pandemic has significantly increased the demand for syringes for vaccination purposes, leading to a surge in the adoption of disposable syringes. The shift from reusable to disposable syringes in healthcare settings, driven by infection control measures, has further fueled market growth. The availability of cost-effective and quality disposable syringes from various manufacturers is also a driving factor in the market. With the increasing healthcare expenditure and growing awareness about infection prevention, the India disposable syringes market is projected to witness steady growth in the coming years.
The India disposable syringes market faces several challenges that influence its growth and market dynamics. One significant challenge is the presence of counterfeit or substandard disposable syringes in the market. The availability of low-quality products can compromise patient safety and lead to adverse health outcomes, eroding consumer trust in disposable syringes as a reliable medical device. This challenge necessitates stringent quality control measures and regulatory enforcement to ensure the safety and efficacy of disposable syringes in the market. Additionally, the increasing environmental concerns related to plastic waste generated from disposable syringes pose a challenge. The disposal of used syringes can contribute to plastic pollution and environmental degradation, creating a need for eco-friendly and sustainable alternatives. This challenge requires the industry to explore and adopt environmentally friendly materials or develop innovative recycling and waste management solutions for used syringes. Moreover, the price sensitivity of the healthcare market in India can be a constraint. The demand for affordable healthcare products, including disposable syringes, may limit the pricing power of manufacturers and distributors, affecting profit margins. To overcome these challenges, key players in the India disposable syringes market need to prioritize product quality and safety, invest in eco-friendly solutions, explore recycling initiatives, and consider pricing strategies that balance affordability with sustainable business operations.
The COVID-19 pandemic had a dual impact on the disposable syringes market in India. The increased demand for syringes was primarily driven by vaccination efforts to combat the pandemic. Mass vaccination drives and a growing awareness of the importance of immunization led to a surge in the consumption of disposable syringes. However, the disruptions in global supply chains due to lockdown measures posed challenges in procuring raw materials for syringe manufacturing, leading to occasional supply shortages. Nonetheless, with the India government`s focus on expanding healthcare infrastructure and vaccination programs, the disposable syringes market experienced steady growth during the pandemic.
In the India disposable syringes market, several key players are involved in manufacturing and supplying single-use syringes for healthcare and medical purposes. Hindustan Syringes & Medical Devices Ltd. is a prominent player known for its wide range of disposable syringes, catering to various healthcare settings and vaccine administration programs. They focus on ensuring product quality and safety in compliance with international standards. Becton Dickinson India Pvt. Ltd. is another major player offering disposable syringes with advanced safety features to prevent needlestick injuries. They are committed to supporting safe injection practices. Additionally, Smiths Medical India Pvt. Ltd. is a key player in the market, providing disposable syringes with various capacities and needle sizes for precise medication delivery. These key players actively collaborate with healthcare providers, government health departments, and NGOs to promote safe vaccination practices and medical procedures. Their dedication to product innovation, infection control, and public health has established them as influential players in the India disposable syringes market.