Disposable Syringe Market Growth Prospect, Demand and Analysis till 2023

08th Nov 2019 – Global Disposable Syringe Market is expected to grow at a significant CAGR in the upcoming period as the scope and its applications are rising enormously across the globe. A syringe is a piece of medical equipment mainly used to manage injections of intravenous drugs into the bloodstream or to take a blood sample from a patient. Disposable syringes are the medical equipment primarily used in combination with hypodermic needles to remove or inject liquids from the body. It also helps to reduce the risk of spreading blood-borne diseases.

The factors that are playing a major role in the growth of disposable syringe market are the rising investment in R&D sectors, the high demand for biologics, and the growing demand from the healthcare sector. However, the presence of alternatives may restrain the overall market in the years to come. The market is segmented based on type, application, and region.

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Safety syringes, conventional syringes, and other types could be explored in the disposable syringe market in the forecast period. Safety syringes sector comprise auto-disable, automatic retractable, non-retractable, and manually retractable syringes. On the other hand, conventional syringes sector comprise without needles and with needles. Safety syringe sector accounted for the substantial market share of disposable syringe and is estimated to lead the overall market in the years to come.

The market may be categorized based on applications like therapeutic injections, immunization injections, and others could be explored in the forecast period. Therapeutic injections sector accounted for the significant market share of disposable syringe and is estimated to continue its dominance in the years to come. The reason could be the high demand for injectable to treat diseases, the growing occurrence of diseases like dengue, HIV, tuberculosis, and malaria, and the increasing disposable income.

The key players of disposable syringe market are Becton, Dickinson and Company, Braun Medical, Inc., Baxter International, Inc., Vita Needle Company, Novo Nordisk, Henke-Sass, Wolf, Retractable Technologies, Inc., Covidien, UltiMed, Inc., Terumo Corporation, Flextronics International, and Fresenius Kabi AG. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.

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Report contents include

  • Analysis of the disposable syringe market including revenues, future growth, market outlook
  • Historical data and forecast
  • Regional analysis including growth estimates
  • Analyzes the end user markets including growth estimates.
  • Profiles on disposable syringe including products, sales/revenues, and market position
  • Market structure, market drivers and restraints.

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