Latin America Disposable Syringes Market Size & Outlook
Latin America disposable syringes market, 2018-2030 (US$M)
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Latin America disposable syringes market highlights
- The Latin America disposable syringes market generated a revenue of USD 252.4 million in 2023.
- The market is expected to grow at a CAGR of 9.4% 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.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 252.4 million |
| Market revenue in 2030 | USD 472.2 million |
| Growth rate | 9.4% (CAGR from 2023 to 2030) |
| Largest segment | Safety syringes |
| Fastest growing segment | Safety Syringes |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Latin America region accounted for 3.8% of the global disposable syringes market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,068.6 million by 2030.
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Disposable Syringes Market Scope
Disposable Syringes Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America 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 64.54% in 2023. Horizon Databook has segmented the Latin America disposable syringes market based on conventional syringes, safety syringes covering the revenue growth of each sub-segment from 2018 to 2030.
Latin America disposable syringes market is expected to witness lucrative growth over the forecast period. Reforms in Latin America’s healthcare system, growing number of countries seeking to implement universal healthcare coverage, and improvements in healthcare infrastructure are some of the factors driving the market growth in this region.
In addition, increasing prevalence of heart diseases is leading to a rise in the number of patients admitted to hospitals. Moreover, increasingly prominent role played by the private sector in Latin America’s healthcare system is expected to drive the market growth.
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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 continent-level data and insights on the Latin America disposable syringes market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America disposable syringes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America disposable syringes market size, by country, 2018-2030 (US$M)
Latin America Disposable Syringes Market Outlook Share, 2023 & 2030 (US$M)
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