New York, NY -- (SBWIRE) -- 12/03/2018 -- The Global Disposable Syringes Market is estimated to reach USD 11.19 billion by 2026 from USD 6.88 billion in 2017. In 2017, the therapeutic injections dominated the global Disposable Syringes market, in terms of revenue. North America is expected to be the leading contributor to the global market revenue in 2017.

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The disposable syringe is a medical device used to vaccinate fluid inside, or extract fluid from, the body. The device consists of a needle which is attached to a hollow cylinder and fitted with a sliding nozzle. The upward and downward movement of the nozzle injects and withdraws the fluid. These syringes are considered to be the cost effective, and also help in reducing the cost of treatment and chances of infection to the individual. These syringes reduce the cost of treatment and chances of infection to the individual, so they are considered as a cost-effective means.

The Disposable Syringes market is driven by several factors, some of the main factors boosting up the market are increasing number of government initiatives and regulation that has promoted the market growth during the forecast period. Introduction to the new injectable drugs will also be helpful in the growth of the market, since they need disposable syringes for the injection. Moreover, various NGO's are creating awareness and performing activities for the use of disposable syringes, and educating the people about need to control the spread of the life taking diseases such as HIV.

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This will also improve the market growth in the coming years for the disposable syringe market. Additionally, the continuous product development by the manufacturing, and their efforts to tap the potential eastern market to support the market growth during the forecast period. Some of the factors that will be restraining the market growth for the disposable syringe market are rising number of needlestick injuries and infections.

For this market the industry has seen few acquisitions such as in 2015, Medtronic acquired Covidien, Inc in USD 42.9 billion.

The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Disposable Syringes market, 2017-2026. This report also comprises a detailed geographic analysis of the market across North America, Europe, APAC, Latin America, and MEA regions. North America is further segmented into U.S., and Canada.

European regional analysis section covers Germany, UK, Italy, France, Spain and Russia. While the Asia Pacific region is bifurcated into China, India, Japan, Singapore, Malaysia and Australia. In 2017, North America Disposable Syringes Market was estimated to dominate the market growth due to developed healthcare infrastructure, favourable reimbursement schemes, higher healthcare expenditure, and increasing awareness among the population.

Competitive Landscape and Key Vendors
Some of the leading companies profiled in the Disposable Syringes Market report include Fresenius Kabi AG, Becton, Dickinson and Company, Baxter International, Inc., UltiMed, Inc. Flextronics International Vita Needle Company, Terumo Corporation, Novo Nordisk, Henke-Sass, Wolf, Covidien, Braun Medical, Inc., Retractable Technologies, Inc., among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

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Key Segments

Type

- Safety Syringes
- Conventional Syringes

Application
- Immunization Injections
- Therapeutic Injections

Region
- North America
o U.S.
o Canada

- Europe
o Germany
o UK
o France
o Italy
o Spain
o Russia
o Rest of Europe

- Asia-Pacific
o China
o India
o Japan
o Singapore
o Malaysia
o Australia
o Rest of Asia-Pacific

- Latin America

o Brazil
o Mexico
o Argentina
o Rest of Latin America

- Middle East and Africa
o UAE
o Saudi Arabia
o South Africa
o Rest of Middle East and Africa

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