(MoneyNewsWire.Net, January 12, 2018 ) According to the report Global Syringes Market, published by Market Data Forecast, The Market was worth USD 10.2 billion in 2016 and is expected to reach USD 15.6 billion by 2021 with a CAGR of 8.4 %.
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.
Browse market data tables and in-depth TOC of the Global Syringes Market to 2021 @ https://www.marketdataforecast.com/market-reports/global-syringes-market-1934/
Rising Prevalence of Chronic diseases, rising geriatric population, and technological advancements in Syringe drug delivery are some of the factors driving the market. 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.
Global Syringes Market: Segmentation
o Hydrodermic Syringes
o Oral Syringes
Y-o-Y Growth Analysis, By Usability
Market Attractiveness Analysis, By Usability
Market Share Analysis, By Usability
Y-o-Y Growth Analysis, By Material
Market Attractiveness Analysis, By Material
Market Share Analysis, By Material
Y-o-Y Growth Analysis, By Type
Market Attractiveness Analysis, By Type
Market Share Analysis, By Type
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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.
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 MedizinischeGerδte GmbH & Co KG are some of the key players operating in the syringes market.
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Reasons to buy Global Syringes Market Report:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and 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 the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, 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
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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