Syringes Market Explore with Global Top Players -Treumo Corporation, Medtronic Plc, Becton, Dickinson and Company, B. Braun Medical Inc., Smiths Medical, Hindustan Syringes and Medical Devices Limited, NIPRO Corporation, Hamilton

Syringes are medical devices used to inject fluid or withdraw fluid from the body. A medical syringe consists of a needle attached to a hollow cylinder that is fitted with a sliding plunger. They are mainly made from plastic and disposables and are majorly used in the healthcare practices. High-end syringes such as microliter syringes are made from glass material. Increasing utilization of medical test for diagnosis of diseases that requires intravenous modes of injection using syringes is major factor driving growth of the syringes market. According to National Health Council, around 75% of the total healthcare costs are a result of chronic diseases reflecting an increasing demand for proper healthcare requirements in terms of quality, safety, and sterility of medical devices. According to the same source, in 2014, around 133 million people were affected with chronic diseases in the U.S.

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Disposable syringes segment accounted for largest share in market, owing to ability of providing high safety and effective prevention of infection as compared to reusable syringes. Easy availability and cost-effective rate of these syringes are major factor driving growth of this segment in the market. Specialized syringes segment is expected to gain significant traction in market, owing to accurate delivery of the fluid and better performance as compared to general syringes.

Increasing prevalence of chronic diseases such as diabetes and cancer, which require continuous diagnosis using various medical test which requires use of syringes is major factor boosting growth of the market. For instance, according to World Health Organization (WHO) in 2014, around 422 million people were suffering from diabetes worldwide. Many of these patients were advised regular intravenous administration of insulin, which propelled the demand for use syringes in turn fueling growth of the global syringes market.

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