India Disposable Syringes Market Size & Outlook, 2023-2030
India disposable syringes market, 2018-2030 (US$M)
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India disposable syringes market highlights
- The India disposable syringes market generated a revenue of USD 369.3 million in 2023 and is expected to reach USD 1,046.5 million by 2030.
- The India market is expected to grow at a CAGR of 16% from 2024 to 2030.
- In terms of segment, safety syringes was the largest revenue generating type in 2023.
- Safety Syringes is the most lucrative type segment registering the fastest growth during the forecast period.
Disposable syringes market data book summary
| Market revenue in 2023 | USD 369.3 million |
| Market revenue in 2030 | USD 1,046.5 million |
| Growth rate | 16% (CAGR from 2023 to 2030) |
| Largest segment | Safety syringes |
| Fastest growing segment | Safety Syringes |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Conventional Syringes, Safety Syringes |
| Key market players worldwide | Medtronic PLC, Nipro Corp, Fresenius SE & Co KGaA, Baxter International Inc, B. Braun Medical, Becton Dickinson & Co, Flex Ltd, Terumo Corp, Novo Nordisk A/S ADR, Retractable Technologies Inc, UltiMed, Henke-Sass Wolf |
Other key industry trends
- In terms of revenue, India accounted for 5.6% of the global disposable syringes market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, India disposable syringes market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,046.5 million by 2030.
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Disposable Syringes Market Scope
Disposable Syringes Market Companies
| Name | Profile | # Employees | HQ | Website |
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India disposable syringes market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to disposable syringes market will help companies and investors design strategic landscapes.
Safety syringes was the largest segment with a revenue share of 64.66% in 2023. Horizon Databook has segmented the India disposable syringes market based on conventional syringes, safety syringes covering the revenue growth of each sub-segment from 2018 to 2030.
Rising prevalence of chronic & infectious diseases and increasing government initiatives are expected to boost the demand for disposable syringes. According to CDC, in India, the economic loss due to TB is around USD 3 billion.
Diseases such as malaria, influenza virus, dengue, and leptospirosis are responsible for 80% of the illnesses that start with a high fever in India. The Indian government launched a National Viral Hepatitis Control Program, which is an initiative for prevention and control of viral hepatitis in India.
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Our clientele includes a mix of disposable syringes market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the India disposable syringes market , including forecasts for subscribers. This country databook contains high-level insights into India disposable syringes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India disposable syringes market size, by type, 2018-2030 (US$M)
India Disposable Syringes Market Outlook Share, 2023 & 2030 (US$M)
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