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 to 2032) | 7.5% CAGR |
Safety boxes for syringes 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 they 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.
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The ongoing expansion of the healthcare sector across the globe is anticipated to propel the safety box for the syringe market growth in the near future. Regulatory bodies, such as the WHO and the USA FDA have implemented stringent norms to govern the disposal of used syringes to eliminate injuries and infections.
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 access to the box after one usage. They are also printing hazard warnings and instructions on these boxes to surge their usability.
Lack of knowledge about the safe disposal of needles and syringes, especially in emerging economies, is projected to hamper the demand for safety boxes 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 growth.
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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 USA 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.
Asia Pacific is likely to remain in the second position by generating a significant safety box for the 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.
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Some of the renowned companies present in the global safety box for the syringe market include Becton, Dickinson & Company, Smurfit Kappa, Hail media products Private Ltd., HMD, Narang Medical Ltd., and JMI Syringes among others.
The 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.
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 7.5% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2015 to 2020 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD Million and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered |
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| Regions Covered |
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| Key Countries Profiled |
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| Key Companies Profiled |
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| Customization | Available Upon Request |
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.
1. Executive Summary | Safety Box for Syringe Market 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Material Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Impact of Covid-19 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Macro Factors and Forecast Factors 3.4. Value Chain Analysis 3.4.1. Profit Margin Analysis 3.4.2. Raw Material Suppliers 3.4.3. Manufacturers, Wholesalers, and Distributors 3.4.4. End-users/ Customers 3.5. Regional Parent Market Outlook 3.6. Production and Consumption Statistics 3.7. Global Average Pricing Analysis Benchmark 4. Global Market Analysis 2015 to 2021 and Forecast, 2022 to 2032 4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2015 to 2021 4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2022 to 2032 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Material 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis by Material, 2015 to 2021 5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast by Material, 2022 to 2032 5.3.1. Virgin Fiber 5.3.2. Recycled Fiber 5.4. Y-o-Y Growth Trend Analysis by Material, 2015 to 2021 5.5. Absolute $ Opportunity Analysis by Material, 2022 to 2032 6. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Capacity 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis by Capacity, 2015 to 2021 6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast by Capacity, 2022 to 2032 6.3.1. Up to 5 Litres 6.3.2. 6-10 Litres 6.3.3. Above 10 Litres 6.4. Y-o-Y Growth Trend Analysis by Capacity, 2015 to 2021 6.5. Absolute $ Opportunity Analysis by Capacity, 2022 to 2032 7. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By End-users 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis by End-users, 2015 to 2021 7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast by End-users, 2022 to 2032 7.3.1. Hospitals 7.3.2. Drug Manufacturing 7.3.3. Clinical Research Center 7.3.4. Laboratories 7.4. Y-o-Y Growth Trend Analysis by End-users, 2015 to 2021 7.5. Absolute $ Opportunity Analysis by End-users, 2022 to 2032 8. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Region 8.1. Introduction / Key Findings 8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis by Region, 2015 to 2021 8.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast by Region, 2022 to 2032 8.3.1. North America 8.3.2. Latin America 8.3.3. Europe 8.3.4. East Asia 8.3.5. South Asia 8.3.6. Oceania 8.3.7. Middle East and Africa 8.4. Market Attractiveness Analysis, by Region 9. North America Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country 9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis by Market Taxonomy, 2015 to 2021 9.2. Market Size Value (US$ Million) & Volume (Units) Forecast by Market Taxonomy, 2022 to 2032 9.2.1. By Country 9.2.1.1. United States of America 9.2.1.2. Canada 9.2.2. By Material 9.2.3. By Capacity 9.2.4. By End-users 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Material 9.3.3. By Capacity 9.3.4. By End-users 9.4. Key Takeaways 10. Latin America Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country 10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis by Market Taxonomy, 2015 to 2021 10.2. Market Size Value (US$ Million) & Volume (Units) Forecast by Market Taxonomy, 2022 to 2032 10.2.1. By Country 10.2.1.1. Brazil 10.2.1.2. Mexico 10.2.1.3. Argentina 10.2.1.4. Chile 10.2.1.5. Peru 10.2.1.6. Rest of Latin America 10.2.2. By Material 10.2.3. By Capacity 10.2.4. By End-users 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Material 10.3.3. By Capacity 10.3.4. By End-users 10.4. Key Takeaways 11. Europe Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country 11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis by Market Taxonomy, 2015 to 2021 11.2. Market Size Value (US$ Million) & Volume (Units) Forecast by Market Taxonomy, 2022 to 2032 11.2.1. By Country 11.2.1.1. Germany 11.2.1.2. Italy 11.2.1.3. France 11.2.1.4. United Kingdom 11.2.1.5. Spain 11.2.1.6. BENELUX 11.2.1.7. Nordic 11.2.1.8. Russia 11.2.1.9. Poland 11.2.1.10. Rest of Europe 11.2.2. By Material 11.2.3. By Capacity 11.2.4. By End-users 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Material 11.3.3. By Capacity 11.3.4. By End-users 11.4. Key Takeaways 12. East Asia Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country 12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis by Market Taxonomy, 2015 to 2021 12.2. Market Size Value (US$ Million) & Volume (Units) Forecast by Market Taxonomy, 2022 to 2032 12.2.1. By Country 12.2.1.1. China 12.2.1.2. Japan 12.2.1.3. South Korea 12.2.2. By Material 12.2.3. By Capacity 12.2.4. By End-users 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Material 12.3.3. By Capacity 12.3.4. By End-users 12.4. Key Takeaways 13. South Asia Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country 13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis by Market Taxonomy, 2015 to 2021 13.2. Market Size Value (US$ Million) & Volume (Units) Forecast by Market Taxonomy, 2022 to 2032 13.2.1. By Country 13.2.1.1. India 13.2.1.2. Thailand 13.2.1.3. Malaysia 13.2.1.4. Indonesia 13.2.1.5. Rest of South Asia 13.2.2. By Material 13.2.3. By Capacity 13.2.4. By End-users 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Material 13.3.3. By Capacity 13.3.4. By End-users 13.4. Key Takeaways 14. Oceania Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country 14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis by Market Taxonomy, 2015 to 2021 14.2. Market Size Value (US$ Million) & Volume (Units) Forecast by Market Taxonomy, 2022 to 2032 14.2.1. By Country 14.2.1.1. Australia 14.2.1.2. New Zealand 14.2.2. By Material 14.2.3. By Capacity 14.2.4. By End-users 14.3. Market Attractiveness Analysis 14.3.1. By Country 14.3.2. By Material 14.3.3. By Capacity 14.3.4. By End-users 14.4. Key Takeaways 15. Middle East & Africa Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country 15.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis by Market Taxonomy, 2015 to 2021 15.2. Market Size Value (US$ Million) & Volume (Units) Forecast by Market Taxonomy, 2022 to 2032 15.2.1. By Country 15.2.1.1. GCC Countries 15.2.1.2. Turkey 15.2.1.3. Northern Africa 15.2.1.4. South Africa 15.2.1.5. Rest of Middle East and Africa 15.2.2. By Material 15.2.3. By Capacity 15.2.4. By End-users 15.3. Market Attractiveness Analysis 15.3.1. By Country 15.3.2. By Material 15.3.3. By Capacity 15.3.4. By End-users 15.4. Key Takeaways 16. Country-wise Market Analysis 16.1. United States of America 16.1.1. Market Share Analysis, 2022 16.1.2. By Material 16.1.3. By Capacity 16.1.4. By End-users 16.2. Canada 16.2.1. Market Share Analysis, 2022 16.2.2. By Material 16.2.3. By Capacity 16.2.4. By End-users 16.3. Brazil 16.3.1. Market Share Analysis, 2022 16.3.2. By Material 16.3.3. By Capacity 16.3.4. By End-users 16.4. Mexico 16.4.1. Market Share Analysis, 2022 16.4.2. By Material 16.4.3. By Capacity 16.4.4. By End-users 16.5. Germany 16.5.1. Market Share Analysis, 2022 16.5.2. By Material 16.5.3. By Capacity 16.5.4. By End-users 16.6. Italy 16.6.1. Market Share Analysis, 2022 16.6.2. By Material 16.6.3. By Capacity 16.6.4. By End-users 16.7. France 16.7.1. Market Share Analysis, 2022 16.7.2. By Material 16.7.3. By Capacity 16.7.4. By End-users 16.8. Spain 16.8.1. Market Share Analysis, 2022 16.8.2. By Material 16.8.3. By Capacity 16.8.4. By End-users 16.9. United Kingdom 16.9.1. Market Share Analysis, 2022 16.9.2. By Material 16.9.3. By Capacity 16.9.4. By End-users 16.10. Russia 16.10.1. Market Share Analysis, 2022 16.10.2. By Material 16.10.3. By Capacity 16.10.4. By End-users 16.11. China 16.11.1. Market Share Analysis, 2022 16.11.2. By Material 16.11.3. By Capacity 16.11.4. By End-users 16.12. Japan 16.12.1. Market Share Analysis, 2022 16.12.2. By Material 16.12.3. By Capacity 16.12.4. By End-users 16.13. India 16.13.1. Market Share Analysis, 2022 16.13.2. By Material 16.13.3. By Capacity 16.13.4. By End-users 16.14. GCC Countries 16.14.1. Market Share Analysis, 2022 16.14.2. By Material 16.14.3. By Capacity 16.14.4. By End-users 16.15. Australia 16.15.1. Market Share Analysis, 2022 16.15.2. By Material 16.15.3. By Capacity 16.15.4. By End-users 17. Market Structure Analysis 17.1. Competition Dashboard 17.2. Competition Benchmarking 17.3. Market Share Analysis of Top Players 17.3.1. By Region 17.3.2. By Product Portfolio 18. Competition Analysis 18.1. Competition Deep Dive 18.1.1. Smurfit Kappa Group 18.1.1.1. Overview 18.1.1.2. Product Portfolio 18.1.1.3. Profitability by Market Segments (Product/Channel/Region) 18.1.1.4. Sales Footprint 18.1.1.5. Strategy Overview 18.1.1.5.1. Marketing Strategy 18.1.1.5.2. Product Strategy 18.1.1.5.3. Channel Strategy 18.1.2. Hail mediproducts Private Ltd. 18.1.2.1. Overview 18.1.2.2. Product Portfolio 18.1.2.3. Profitability by Market Segments (Product/Channel/Region) 18.1.2.4. Sales Footprint 18.1.2.5. Strategy Overview 18.1.2.5.1. Marketing Strategy 18.1.2.5.2. Product Strategy 18.1.2.5.3. Channel Strategy 18.1.3. Hindustan Syringes & Medical Devices Ltd 18.1.3.1. Overview 18.1.3.2. Product Portfolio 18.1.3.3. Profitability by Market Segments (Product/Channel/Region) 18.1.3.4. Sales Footprint 18.1.3.5. Strategy Overview 18.1.3.5.1. Marketing Strategy 18.1.3.5.2. Product Strategy 18.1.3.5.3. Channel Strategy 18.1.4. Narang Medical Ltd. 18.1.4.1. Overview 18.1.4.2. Product Portfolio 18.1.4.3. Profitability by Market Segments (Product/Channel/Region) 18.1.4.4. Sales Footprint 18.1.4.5. Strategy Overview 18.1.4.5.1. Marketing Strategy 18.1.4.5.2. Product Strategy 18.1.4.5.3. Channel Strategy 18.1.5. JMI Group. 18.1.5.1. Overview 18.1.5.2. Product Portfolio 18.1.5.3. Profitability by Market Segments (Product/Channel/Region) 18.1.5.4. Sales Footprint 18.1.5.5. Strategy Overview 18.1.5.5.1. Marketing Strategy 18.1.5.5.2. Product Strategy 18.1.5.5.3. Channel Strategy 18.1.6. Vanprob Solutions. 18.1.6.1. Overview 18.1.6.2. Product Portfolio 18.1.6.3. Profitability by Market Segments (Product/Channel/Region) 18.1.6.4. Sales Footprint 18.1.6.5. Strategy Overview 18.1.6.5.1. Marketing Strategy 18.1.6.5.2. Product Strategy 18.1.6.5.3. Channel Strategy 18.1.7. ARVS Equipments Pvt. Ltd. 18.1.7.1. Overview 18.1.7.2. Product Portfolio 18.1.7.3. Profitability by Market Segments (Product/Channel/Region) 18.1.7.4. Sales Footprint 18.1.7.5. Strategy Overview 18.1.7.5.1. Marketing Strategy 18.1.7.5.2. Product Strategy 18.1.7.5.3. Channel Strategy 18.1.8. Africa Medical Supplies Platform 18.1.8.1. Overview 18.1.8.2. Product Portfolio 18.1.8.3. Profitability by Market Segments (Product/Channel/Region) 18.1.8.4. Sales Footprint 18.1.8.5. Strategy Overview 18.1.8.5.1. Marketing Strategy 18.1.8.5.2. Product Strategy 18.1.8.5.3. Channel Strategy 18.1.9. POLYNOR AS 18.1.9.1. Overview 18.1.9.2. Product Portfolio 18.1.9.3. Profitability by Market Segments (Product/Channel/Region) 18.1.9.4. Sales Footprint 18.1.9.5. Strategy Overview 18.1.9.5.1. Marketing Strategy 18.1.9.5.2. Product Strategy 18.1.9.5.3. Channel Strategy 18.1.10. Proexamine Surgicals Private Limited 18.1.10.1. Overview 18.1.10.2. Product Portfolio 18.1.10.3. Profitability by Market Segments (Product/Channel/Region) 18.1.10.4. Sales Footprint 18.1.10.5. Strategy Overview 18.1.10.5.1. Marketing Strategy 18.1.10.5.2. Product Strategy 18.1.10.5.3. Channel Strategy 18.1.11. Hospital Equipment Manufacturing Company 18.1.11.1. Overview 18.1.11.2. Product Portfolio 18.1.11.3. Profitability by Market Segments (Product/Channel/Region) 18.1.11.4. Sales Footprint 18.1.11.5. Strategy Overview 18.1.11.5.1. Marketing Strategy 18.1.11.5.2. Product Strategy 18.1.11.5.3. Channel Strategy 18.1.12. Becton, Dickinson, and Company 18.1.12.1. Overview 18.1.12.2. Product Portfolio 18.1.12.3. Profitability by Market Segments (Product/Channel/Region) 18.1.12.4. Sales Footprint 18.1.12.5. Strategy Overview 18.1.12.5.1. Marketing Strategy 18.1.12.5.2. Product Strategy 18.1.12.5.3. Channel Strategy 19. Assumptions and Acronyms Used 20. Research Methodology
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Safety Box for Syringe Market
