(PharmaNewsWire.Com, September 09, 2017 ) Syringes are generally made up of plastic in the form of cylinder with piston at one end and needle at another end. Syringes are used either to inject a drug or take samples of body fluids. Syringes are mainly used for intake of insulin in diabetes patients.
Some of the factors like rising aging population, rising Prevalence of Chronic diseases, and technological advancements in Syringe drug delivery are driving the Industry. 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 Industry.
Asia-Pacific Syringes Industry is segmented based on Usability, Material and Type. Based on Usability, Industry is further segmented into Sterilizable/reusable Syringes, Disposable Syringes, prefilled Syringes. Based on Sterilizable Syringes, Industry is further segmented into hypodermic Syringes, oral Syringes. Based on Disposable Syringes, Industry is further segmented into conventional Syringes, safety Syringes, prefilled Syringes. Based on Safety Syringes, Industry is further segmented into Retractable Syringes, Non-Retractable Syringes. Based on Material, Industry is segmented into Glass and plastic. Based on Type, Industry is segmented into General, Specialized Syringes. Based on Specialized Syringes, Industry is further segmented into insulin, tuberculin, Allergy and Others. The Disposable Syringes segment is expected to command a larger share owing to the increasing use of injectable in drug delivery, Rising geriatric population and increased risk of infection with reusable syringes.
Geographically, Industry is segmented into Japan, India, China, Australia and South Korea. Asia-Pacific is expected to increase at highest CAGR during the forecast period because of the growing healthcare facilities, technological advancements in developing countries like India and China.
Some of the key players in the Asia-Pacific syringes Industry are 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 MedizinischeGeräte GmbH & Co KG.
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