Safety boxes for syringes Market: Overview, Data Updates, Reports Analysis & Forecast | FMI
The global safety box for syringe market is poised for significant growth, with a projected value of US$ 5.3 billion in 2022. This expansion is primarily driven by the rising awareness among healthcare professionals about the crucial need for proper disposal of used needles to mitigate the risk of infections.
The market is forecasted to continue its upward trajectory, reaching a substantial US$ 9.1 billion by 2032, reflecting an impressive compound annual growth rate (CAGR) of 7.5%. As healthcare systems and professionals worldwide increasingly prioritize safety measures, the demand for safety boxes to dispose of syringes securely is expected to remain on an upward trend in the coming years.
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The safety box for syringe market has seen significant advancements in recent years, with manufacturers incorporating user-friendly features and eco-friendly materials. With a growing focus on infection control and proper medical waste management, these safety boxes are becoming an indispensable tool in healthcare facilities worldwide. Their ability to promote safety, sustainability, and compliance makes them a vital asset in modern medical practices.
Key points:
- Growing Demand: The market is experiencing significant growth due to increasing awareness about the importance of proper syringe disposal and the need to protect healthcare workers and the public from needlestick injuries and potential infections.
- Enhanced Safety: Safety boxes for syringes provide a secure and tamper-proof solution for the disposal of used syringes, minimizing the risk of accidental needlestick injuries and preventing the spread of bloodborne pathogens.
- Regulatory Compliance: The market is driven by stringent regulations and guidelines imposed by healthcare authorities and environmental agencies regarding the safe disposal of medical waste, including used syringes.
- Innovative Features: Manufacturers are incorporating user-friendly features in safety boxes, such as one-handed operation, puncture-resistant materials, and locking mechanisms, to ensure convenience and maximize safety.
- Environmental Sustainability: The market is witnessing a shift towards eco-friendly materials and designs that promote the proper disposal and recycling of syringes, reducing the environmental impact of medical waste.
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Key Manufactures:
- Smurfit Kappa
- HMD
- JMI Syringes
- Narang Medical Ltd.
- Becton, Dickinson & Company
- Hail Mediproducts Private Ltd.
Regional analysis includes –
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific excluding Japan (APEJ)
- Japan
- Middle East & Africa (MEA)
Market Segmentation:
Based on capacity into:
- 1 Liter
- 5 Liter
- 10 Liter
Based on application into:
- Needles
- Syringes
- Lancets
- Auto Injectors
- Others Contaminated Sharps