(PharmaNewsWire.Com, May 23, 2017 ) According to the report Global Syringes Market, published by Market Data Forecast, the global market is projected to reach USD 15.6 billion by 2021, at a CAGR of 8.4% from 2016 to 2021.
Syringes are Sterile devices used to inject various types of drugs into the body. They are also used to isolate various types of body fluids, like from a swollen tissue. Normally, Syringes are used in conjunction with needles.
The factors impacting the Global Market for Syringes Market, either positively or negatively are presented in the DROC analysis. Some of the things discussed in the section are Rising Prevalence of Chronic diseases, rising geriatric population, and technological advancements in Syringe drug delivery. Increasing prevalence of Diabetes resulted in higher demand for syringes. However, factors like Risk of infection associated with Drug delivery through syringes, high costs of specialized syringes are restraining the market.
For granular level understanding the Global Syringes Market is segmented based on the following categories with Market Size Estimations and Y-o-Y Forecasts presented for each sub-segment. Based on Usability: Introduction Sterilizable/reusable Syringes Hydrodermic Syringes Oral Syringes Disposable Syringes Conventional safety Y-o-Y Growth Analysis, By Usability Market Attractiveness Analysis, By Usability Market Share Analysis, By Usability
By Material:
Introduction Glass Plastic Y-o-Y Growth Analysis, By Material Market Attractiveness Analysis, By Material Market Share Analysis, By Material
By Type:
Introduction General, Specialized Syringes insulin Tuberculin Allergy Others Y-o-Y Growth Analysis, By Type Market Attractiveness Analysis, By Type Market Share Analysis, By Type
Geographically, market is segmented into Asia-Pacific, Europe, Latin America, North America and Middle East and Africa. North America dominates the market with the highest share followed by Europe. However, Asia-Pacific is expected to increase at highest CAGR owing to growing technological advancements, growing number of healthcare facilities and rapid growth in aging population. For more of regional analysis check out the following reports.
North America Syringes Market Europe Syringes Market Asia-Pacific Syringes Market Latin America Syringes Market Middle East and Africa Syringes Market
Becton, Dickinson and Company, Terumo Corporation, Medtronic plc. Smiths Medical, B. Braun Medical Inc., NIPRO Corporation, Hindustan Syringes & Medical Devices Limited, Gerresheimer AG, SCHOTT AG, and CODAN Medizinische Gerδte GmbH & Co KG are some of the key players operating in the syringes market.
The Global Syringes Market study offers the following deliverables:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is blooming Segment-level analysis on basis of Usability, material and type along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of macro and micro environmental factors that effect the global market presented in an extensive strategic analyses section containing PESTLE and Porters Five Forces Analyses A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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