This site uses cookies, including third-party cookies, that help us to provide and improve our services.

Privacy Policy
- Global Locations -
Headquarters
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, United States
T: +1-845-579-5705
MEA
Market Access DMCC
1602-6 Jumeirah Bay X2 Tower, Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
Americas
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
Europe
Future Market Insights
3rd Floor, 207 Regent Street,
London W1B 3HH
United Kingdom
T: + 44 (0) 20 8123 9659
D: +44 (0) 20 3287 4268
APAC
Future Market Insights
Office No. 401-A, 4th Floor,
VANTAGE 9, S.No. 36/1/1,
Baner, Pune 411045 India

Safety Box for Syringe Market

Market Insights on Safety Box for Syringe covering sales outlook, demand forecast & up-to-date key trends

Safety Box for Syringe Market by Capacity, Application & Region - Forecast 2022 - 2032

Safety Box for Syringe Market Snapshot

The global safety box for syringe market size is set to be valued at US$ 5.3 Billion in 2022. Increasing awareness among healthcare professionals regarding the proper disposal of used needles to prevent infections is likely to propel the market. As per the study, the global market is expected to reach US$ 9.1 Billion in 2032 and exhibit growth at a considerable CAGR of 7.5% in future years.

Report Attribute

Details

Safety Box for Syringe Market Estimated Base Year Value (2021)

US$ 4.8 Billion

Safety Box for Syringe Market Expected Market Value (2022)

US$ 5.3 Billion

Safety Box for Syringe Market Anticipated Forecast Value (2032)

US$ 9.1 Billion

Safety Box for Syringe Market Projected Growth Rate (2022-2032)

7.5% CAGR

Safety boxes for syringe or sharps safety boxes are usually made of cardboard or similar other materials. These are one piece, flat-packed boxes with handles and apertures.

These are extensively used in healthcare institutions for keeping contaminated sharps at the point of use, during transport and handling, and during temporary storage to the point of treatment and final disposal.

These boxes accept no less than 20 units of 0.5ml Auto Disable (AD) syringes per liter. The total storage capacity is no less than 100 units/ 5L box. Syringes do not protrude from these boxes as these can be permanently and correctly closed without any risk of needle-stick injury.

Handles are positioned above the fill line on these boxes. These can be easily carried with one hand to the disposal site during transportation as the handles do not obstruct the access to sharps aperture.

How is the Emergence of New Products Boosting the Safety Box for Syringe Market Growth

Ongoing expansion of the healthcare sector across the globe is anticipated to propel the safety box for syringe market growth in the near future. Regulatory bodies, such as the WHO and the U.S. FDA have implemented stringent norms to govern the disposal of used syringes to eliminate injuries and infections.

Moreover, the emergence of various new types of boxes worldwide is expected to augur well for the market. Key players nowadays are making lockable lids on their safety boxes to prevent the access of the box after one usage. They are also printing hazard warnings and instructions on these boxes to surge their usability.

Customize this Report

Let us know your requirement to get
100% FREE customization

Why is the Safety Box for Syringe Market Expected to Showcase a Slight Decline in Future

Lack of knowledge about the safe disposal of needles and syringes, especially in emerging economies, is projected to hamper the demand for safety box for syringes in the near future. In addition to that, the unavailability of developed healthcare infrastructures in these countries is another vital factor that is anticipated to hinder the growth.

What is the North America Safety Box for Syringe Market Outlook

Sales of safety boxes for syringes in North America are anticipated to surge at a fast pace in the upcoming years. This growth is attributable to the increasing implementation of strict norms by government bodies in the U.S. and Canada to manage hazardous medical waste.

Besides, the rising focus of reputed manufacturers on mergers and acquisitions with private, as well as public companies is likely to bode well for the regional market. The increasing awareness regarding waste management and the surging expansion of distribution lines across North America are also estimated to drive the market.

Ismail Sutaria
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

Which Factors Are Propelling the Asia Pacific Safety Box for Syringe Market

Asia Pacific is likely to remain in the second position by generating a significant safety box for syringe market share in the evaluation period. Increasing investments by major players based in India and China in the development of high-quality boxes are set to propel the regional market.

Several manufacturers based in South Korea and Japan are striving to keep up with the regulatory guidelines governing the proper disposal of medical waste. They are thus aiming to deliver novel solutions to withstand competition and generate more shares in Asia Pacific.

Market Competition

Some of the renowned companies present in the global safety box for syringe market include Becton, Dickinson & Company, Smurfit Kappa, Hail Mediproducts Private Ltd., HMD, Narang Medical Ltd., and JMI Syringes among others.

Majority of the leading companies are increasingly focusing on innovating their in-house products by conducting exhaustive research and development activities. Meanwhile, a few other key players are aiming to engage in collaborations, contracts, joint ventures, and acquisitions to gain a competitive edge in the global market.

Become a MarketNgage Insider

An unified Market Research Subscription Platform, built for today’s disparate research needs.

Report Scope

Report Attribute

Details

Growth Rate

CAGR of 7.5% from 2022 to 2032

Base Year for Estimation

2021

Historical Data

2015-2020

Forecast Period

2022-2032

Quantitative Units

Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032

Report Coverage

Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis

Segments Covered

  • Capacity
  • Application
  • Region

Regions Covered

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

Key Countries Profiled

  • U.S
  • Canada
  • Brazil
  • Argentina
  • Germany
  • U.K
  • France
  • Spain
  • Italy
  • Nordics
  • BENELUX
  • Australia & New Zealand
  • China
  • India
  • ASEAN
  • GCC
  • South Africa

Key Companies Profiled

  • Becton, Dickinson & Company
  • Smurfit Kappa
  • Hail Mediproducts Private Ltd.
  • HMD
  • Narang Medical Ltd.
  • JMI Syringes

Customization

Available Upon Request

Key Segments Profiled in the Safety Box for Syringe Industry Survey

By Capacity:

  • 1 Liter
  • 5 Liter
  • 10 Liter

By Application:

  • Needles
  • Syringes
  • Lancets
  • Auto Injectors
  • Others Contaminated Sharps

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

Frequently Asked Questions

The global safety box for syringe market is anticipated to surpass US$ 9.1 Billion in 2032.

North America is set to lead the safety box for syringe market in the forecast period.

Becton, Dickinson & Company, Smurfit Kappa, Hail Mediproducts Private Ltd., HMD, Narang Medical Ltd., and JMI Syringes are some of the renowned companies in the safety box for syringe market.

Table of Content

NA

Customize this Report

Let us know your requirement to get
100% FREE customization

List of Tables

NA

Ismail Sutaria
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst
List of Charts

NA

Need specific information?

Request Customization

Explore Packaging Insights

View Reports
Google translate

Safety Box for Syringe Market