Chicago, IL -- (SBWIRE) -- 10/04/2016 -- According to the report, "Syringes Market, by Materials (Plastic, Glass), Product Types (Specialised, General), Usages (Disposable, Sterilizable), Geography (North America, Europe, Asia-Pacific, Rest of the World) - Global Opportunity Analysis and Industry Forecast, 2014 - 2022", the market for syringes is expected to grow at a healthy CAGR during the forecasts period, due to the rising demand from the emerging markets and the rapid technological advancements.
The syringes market report focuses on the revenue and growth trends for the market on the global scale. The report also offers in-depth information about the key players, major drivers, restraints, segmentation, and market share.
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According to the report, the global syringes market is expected to witness an impressive rise in demand, revenue, and share during the forecast period. The report attributes this growth of the market to some of the major driving factors. These factors include the rising prevalence of the chronic diseases, such as cancer, cardiovascular diseases, and diabetes around the world. Apart from that, the rise in the geriatric population and the growing trend of self-medication of various diseases are also some of the vital drivers for the global market for syringes. The rapid technological advancements and the rising demand from the emerging markets are also expected to create potential growth opportunities for the global market.
The global syringes market report segments the global market by the types of materials, products, usage, and the major geographic regions. The types of materials include glass and plastic. The types of products include general and specialized. The basic usage types of the syringes include sterilizable and disposable. The major geographic regions include North America, Asia-Pacific, Europe, and Rest of the World. According to the report, North America dominates the global market based on the market share. The Asia-Pacific region, on the other hand, is expected to witness the fastest growth during the forecast period. The emerging markets are expected to boost the growth opportunities for the key players in the global market.
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The syringes market report provides information about the key market players, which include Abbott Laboratories, B. Braun Melsungen AG, Covidien Ltd., Hindustan Syringes & Medical Devices Ltd., Smiths Medical, and such others. According to the report, the key players are expected to come across major growth opportunities from the emerging markets during the forecast period. The rising demand and the instances of various chronic diseases are expected to provide vital growth opportunities for the key players in this market, during the forecast period.
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