29 November 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.
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.
Globally,
North America accounted for the substantial market share of disposable syringe
and is estimated to lead the overall market in the years to come. The reason behind
the overall market growth could be the rising demand for injectable drugs, the
presence of key manufacturers in the region, the growing occurrence of
diseases. The United States is a major consumer of the disposable syringe in
this region.
Europe
and the Asia Pacific are also estimated to have a positive influence on future
growth. Europe is the second largest region with significant market share.
However, Asia Pacific is estimated to grow at the highest CAGR in the forecast
period. The developing countries like India and China are the major consumers
of the disposable syringe in this region.
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.
Market Segment:
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.
Key regions
•
North America
•
Europe
•
Asia Pacific
•
Middle East and Africa
•
South America
Key vendors
•
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