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Healthcare IT News 2018: Syringes Industry Research Predictable to Reach US $21.90 Bn in Upcoming 8 Years Till 2025 with Analysis of Market Growth, Trend and Top Companies

Global syringe market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.

 

Pune, India -- (SBWIRE) -- 04/06/2018 -- Global Syringes Market is expected to reach USD 21.90 Billion by 2025, from USD 11.40 Billion in 2017 growing at a CAGR of 8.5% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2017, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Some of the Major Players Operating In The Global Syringe Market Are:

Becton Dickinson and Company Group plc, Terumo Medical Corporation, Baxter International Inc, Smiths medical, Retractable Technologies Inc, Medtronic, Gerresheimer AG, West Pharmaceutical Services Inc, Nipro Corporation, Vetter, Baxter International Inc, Abbott, Ypsomed, Haselmeier, Weigao group, Owen Mumford Ltd, Bayer AG, Biocon, among others.

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Major Market Drivers and Restraints:

- Awareness towards blood borne diseases.
- Increase in the use of self-administration drugs like insulin.
- Development of biologics and increase in the number of injectable drugs
- Increased investment in research and development of membrane devices
- Downward pricing pressure owing to its commodity nature
- Alternate drug delivery methods
- Increase in chronic disease patient

Research Methodology: Global Syringes Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.

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Market Segmentation: Global Syringes Market

- The global syringe market is segmented on the basis of material, type, design type, usability, end users, and geography.

- Based on material, the global syringe market is segmented into plastic and glass syringes.

- On the basis of type, the global syringe market is segmented into general and specialized syringes.
Specialized syringes are further sub segmented into allergy, tuberculin syringes, insulin syringes, and others.

- Based on design, the global syringe market is segmented into single chamber prefilled syringe, dual chamber prefilled chamber and customized prefilled syringes

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- On the basis of usability, the global syringe market is segmented into disposable syringes and sterializable/reusable syringes. Disposable syringes are further sub-segmented into conventional syringes, safety syringes and prefilled syringes. Safety syringes are further sub-segmented into retractable syringes and non-retractable syringes.

- On the basis of end users, the global syringe market is segmented into hospitals, ambulatory centers, clinics, community healthcare. Based on distribution channel the market is segmented into retail, and direct tenders.

- Based on geography, the global syringe market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.

Competitive Analysis: Global Syringes Market

The global syringe market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of syringe market for global, Europe, North America, Asia Pacific and South America.

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