Disposable Syringes are the syringes manufactured from plastic, which are used in replacing the useable syringes in the coming years. These syringes are considered to be cost-effective, and also help in reducing the cost of treatment and chances of infection to the individual.
Disposable Syringes Market Size and Growth Rate:
According to the research report, the Disposable Syringes Market size was valued USD xx.xx Billion in 2017, it is expected to reach USD 11.19 Billion by the end of 2026, with increasing at a CAGR of xx.x% during the forecast period 2018-2026.
Disposable Syringes Market Growth Drivers:
The Disposable Syringes market is primarily driven by the increasing number increasing government initiatives and regulation that has promoted the market growth during the forecast period. Additionally, increasing activities by various NGO’s that create awareness for the use of disposable syringes, and need to control the spread of the life taking diseases such as HIV to also boost the Disposable Syringes market growth in the coming years. Additionally, the continuous product development by the manufacturing, and their efforts to tap the potential eastern market to support the Disposable Syringes market growth during the forecast period.
Disposable Syringes Market Demand and Opportunities:
Single-use syringes provide an extra layer of safety and protection for patients. The use of single-use syringes is increasingly reducing the problem of treating a large number of patients, as well as reducing the risk of overfilling. Together, these factors contribute to the growth of the global market. The future of single-use syringe manufacturers is expected to be quite optimistic, with more than 60% of drugs in the different phases of clinical development that make up organic products. The need for disposable syringes that are easier to use, safer and more modern in the global health care segment is also widely anticipated. The rapid increase in the number of injectable drugs that will be approved recently has largely contributed to the growth in demand for disposable syringes in particular, unlike other types of syringes. This is due to the increasing number of patients who have suffered needlestick injuries. Therefore, both factors combine to create an amazing demand for disposable syringes and should continue to do so in the long run.
Industry participants investing more and more in the R&D of new, more powerful chemicals than existing disposable syringes are likely to increase market opportunities over the forecast period.
Disposable Syringes Market Regional Presence:
North America generated the highest revenue in the Disposable Syringes market in 2017 and is expected to be the leading region globally during the forecast period. The North Americas Disposable Syringe Market is primarily driven by the rising prevalence of infections that need to be treated with the help of a therapeutic injection. Additionally, the presence of key players in this region that are focusing on product development, and an increasing number of clinical trials that have promoted the growth of this market in the region. Moreover, Europe is the second largest contributor in the disposable syringe market owing to the stringent government which promoted the used of safety-engineered products.
Some of the promising companies leading the Disposable Syringes Market:
- Fresenius Kabi AG
- Dickinson and Company
- Baxter International, Inc.
- UltiMed, Inc
- Flextronics International Vita Needle Company
- Terumo Corporation
- Novo Nordisk
- Braun Medical, Inc.
- Retractable Technologies, Inc.
Disposable Syringes Market Segment Insights:
- The therapeutic products sector dominated in 2015 due to the growing demand for injectable to treat diseases. According to the WHO, about 90% of the products are used for therapeutic care.
- The treatment of diabetes by the administration of insulin includes a large part of the therapeutic injections.
- The high prevalence of diseases such as HIV infection, malaria, tuberculosis, and dengue causes a large consumption of injections, which are used in the diagnosis and treatment of these diseases.
Disposable Syringes Market Detailed Segmentation:
Disposable Syringes Market – By Type:
- Safety Syringes
- Conventional Syringes
Disposable Syringes Market – By Application:
- Immunization Injections
- Therapeutic Injections
Disposable Syringes Market – By Geographical Segmentation:
- North America
- United Kingdom
- South Korea
- Latin America
- Middle-East & Africa
Key Takeaways from Disposable Syringes Market Report:
- For different Devices types, and applications offers calculated growth rates (CAGR %), Volume (Units), and Value ($M) in each region to estimate the Disposable Syringes Market potential.
- Identify various driving factors, constraints and untold opportunities that can impact the Disposable Syringes Marketplace
- Know the position of your competitor based on the market shares, financial performance, strategical approaches, SWOT, product benchmarking and so on.
- Increase overall revenue by understanding the geographical impact on sales and distribution channels.
- Evaluate the increase in values at each step of the industry supply chain to improve process efficacy and optimize the value.
- Understand the market dynamics of leading players like deals, partnerships, new products, mergers and acquisitions in the last four years.
- Estimate the gaps in supply-demand, statics involved in import-export, and regulatory framework of the worldwide Disposable Syringes Market in over 20 top nations.
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Table of Contents
1. Overview and Scope
1.1. Research goal & scope
1.2. Research assumptions
1.3. Research Methodology
1.3.1. Primary data sources
1.3.2. Secondary data sources
1.4. Key takeaway
2. Executive Summary
2.1. Market Definition
2.2. Market Segmentation
3. Disposable Syringe Market Insights
3.1. Disposable Syringe – Industry snapshot
3.2. Disposable Syringe - Ecosystem analysis
3.3. Disposable Syringe Market Dynamics
3.3.1. Disposable Syringe – Market Forces
220.127.116.11. Disposable Syringe Market Driver Analysis
18.104.22.168. Disposable Syringe Market Restraint/Challenges analysis
22.214.171.124. Disposable Syringe Market Opportunity Analysis
3.4. Industry analysis - Porter's five force
3.4.1. Bargaining power of supplier
3.4.2. Bargaining power of buyer
3.4.3. Threat of substitute
3.4.4. Threat of new entrant
3.4.5. Degree of competition
3.5. Disposable Syringe Market PEST Analysis
3.6. Disposable Syringe Market Value Chain Analysis
3.7. Disposable Syringe Industry Trends
3.8. Competitive Ranking Analysis
4. Disposable Syringe Market Size and Forecast by Type, 2018-2026
4.1. Key Findings
4.2. Safety Syringes
4.3. Conventional Syringes
5. Disposable Syringe Market Size and Forecast by Application Type, 2018-2026
5.1. Key Findings
5.2. Immunization Injections
5.3. Therapeutic Injections
6. Disposable Syringe Market Size and Forecast by Region, 2018-2026
6.1. Key Findings
6.2. North America
6.2.1. U. S.
6.3.7. Rest of Europe
6.4.7. Rest of Asia-Pacific
6.5. Latin America
6.5.4. Rest of LATAM
6.6. Middle East & Africa
6.6.2. Saudi Arabia
6.6.3. South Africa
6.6.4. Rest of MEA
7. Company Profiles
7.1. Fresenius Kabi AG.
7.1.3. Product Benchmarking
7.1.4. Recent Developments
7.2. Becton, Dickinson and Company
7.2.3. Product Benchmarking
7.2.4. Recent Developments
7.3. Flextronics International Vita Needle Company.
7.3.3. Product Benchmarking
7.3.4. Recent Developments
7.4. Baxter International, Inc.
7.4.3. Product Benchmarking
7.4.4. Recent Developments
7.5. UltiMed, Inc.
7.5.3. Product Benchmarking
7.5.4. Recent Developments
7.6. Terumo Corporation.
7.6.3. Product Benchmarking
7.6.4. Recent Developments
7.7. Novo Nordisk AG
7.7.3. Product Benchmarking
7.7.4. Recent Developments
7.8.3. Product Benchmarking
7.8.4. Recent Developments
7.9.3. Product Benchmarking
7.9.4. Recent Developments
7.10. Braun Medical, Inc.
7.10.3. Product Benchmarking
7.10.4. Recent Developments
7.11.3. Product Benchmarking
7.11.4. Recent Developments
7.12. Retractable Technologies, Inc
7.12.3. Product Benchmarking
7.12.4. Recent Developments