Report ID : 1359158 | Published : February 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Reusable Syringes Market is categorized based on Material Type (Plastic, Glass, Metal) and End User (Hospitals, Clinics, Homecare, Pharmaceuticals, Research Laboratories) and Application (Vaccination, Insulin Delivery, Drug Administration, Blood Sampling, Others) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
With a valuation of USD 1.2 billion in 2023, the Reusable Syringes Market is expected to reach USD 2.5 billion by 2033, growing at a CAGR of 7.8% from 2024 onwards. The report encompasses various segments and analyzes the trends and factors significantly impacting the market.
With the growing concern for waste reduction in the medical field, the Reusable Syringes Market has developed into a major focus point in the healthcare industry. The sharp rise in demand for environmentally sustainable practices have Reusable syringes standing ready to meet the need for environmentally sustainable medical practices. With better disposable medical devices becoming the standard, medical institutions are now looking to adopt eco-friendly practices that do not put patient care and safety at risk. With the rising awareness of the negative impact single use devices cause, institutions are shifting towards solutions that positively impact the eco system.
Sustainable Reusable syringes are now becoming the industry norm, due to their cost effectiveness and being able to provide a solution to the trash problem healthcare stems from. Everyone involved in the healthcare sector is constantly trying to achieve the perfect balance between reduced cost and waste; because of this, the Reusable Syringes Market is bound to grow. The greater adoption of chronic condition alongside the increase in healthcare spending is amplifying the plastic waste government initiatives were looking to reduce.
ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2023-2033 |
BASE YEAR | 2023 |
FORECAST PERIOD | 2024-2033 |
HISTORICAL PERIOD | 2023-2024 |
UNIT | VALUE (USD BILLION) |
KEY COMPANIES PROFILED | BD (Becton, Dickinson and Company), Terumo Corporation, Medtronic, Nipro Corporation, Gerresheimer AG, Schott AG, Smiths Medical, HMD (Hindustan Syringes & Medical Devices Limited), Hollister Incorporated, Fresenius Kabi AG, B. Braun Melsungen AG |
SEGMENTS COVERED |
By Material Type - Plastic, Glass, Metal By End User - Hospitals, Clinics, Homecare, Pharmaceuticals, Research Laboratories By Application - Vaccination, Insulin Delivery, Drug Administration, Blood Sampling, Others By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
The Reusable Syringes Market is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
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