Comprehensive Study on Pre-Filled Saline Syringes Market to 2027 with Close Analytical Look and Regional Analysis

Hospital-acquired infections affect the patients not only during their stay in the hospitals but also post patient’s discharge from hospitals. Pre-filled saline syringes are designed to reduce hospital-acquired infections, reduce the risk of medication errors, and reduce the risk of catheter damage. Moreover, these occupational infections are observed to be common within the hospital and nursing staff too.

According to the World Health Organization (WHO), millions of patients are affected by healthcare-associated infections every year. The WHO Healthcare Associated Infections fact sheet of 2016 suggests that of every 100 hospitalized patients at a given time, seven patients in the developed countries and ten patients in developing countries get the hospital-acquired infection.

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Prominent Key Players Operating in this Study Include:

- BD
- Cardinal Health
- MedXL Inc.
- Guerbet Group
- Sterisets Medical Products
- DBM
- B. Braun Medical Inc.
- Wolf Medical Inc.
- Aquabiliti
- Baxter Healthcare Corporation

The global pre-filled saline syringes market accounted to US$ 402.5 Mn in 2018 and is expected to grow at a CAGR of 7.2% during the forecast period 2019 - 2027, to account to US$ 744.4 Mn by 2027.

What the report features:-

- Global analysis of Pre-Filled Saline Syringes market from 2017 – 2027 illustrating the progression of the market.

- Forecast and analysis of Pre-Filled Saline Syringes market by Dosage, Route of Administration and Application from 2017 – 2027

- Forecast and analysis of Pre-Filled Saline Syringes market in five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America

The Asia Pacific market is expected to grow at the highest rate during the forecast period owing to the increasing prevalence of chronic diseases, rising geriatric population, rising incidence of hospital-acquired infections, and increasing medication errors. In addition, the risk of cross-contamination in multi-dose vials is expected to fuel the market growth in the Asia Pacific region.

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Growing Geriatric Population

Medical supplies are widely used for the geriatric population as it assists the healthcare professionals to administer medication/ hormone/ nutrition and others. For instance, cancer is a major cause of morbidity and mortality in aging population that later primarily attributable to various chronic complications. The number of aging people with cancer is increasing due to increased lifespan and the increased prevalence of cancer in the geriatric population worldwide. Pre-filled saline syringes are a regular requirement for cancer patients provides more flexibility while giving them greater control of the disease.

PRE-FILLED SALINE SYRINGES - MARKET SEGMENTATION

By Type

- 3ml Syringes
- 5ml Syringes
- 10ml Syringes
- Others

By Type

- Hospitals
- Outpatient Clinics
- Homecare Settings

Product Insights

The global pre-filled saline syringes market, based on type is segmented into 3ml Syringes, 5ml Syringes, 10ml Syringes, and Others. In 2018, the 3 ml Syringes segment held the largest share of the market, by type. This segment is also expected to dominate the market in 2027 owing to high demand for hospital disposables, ease of use, easy availability, and a growing number of multispecialty hospitals. Moreover, 3 ml syringes segment is anticipated to witness the significant growth rate of 7.8% during the forecast period owing to the factors such as the rising prevalence of chronic diseases and hospital acquired diseases that trigger increased utilization of pre-filled saline syringes which helps to avoid the cross medication.

Strategic Insights

Strategic acquisition and product launches were observed as the most adopted strategy in global pre-filled saline syringes industry. Few of the recent product launch, product approval and acquisitions are listed below:

November 2017: MedXL Inc. received 510 (k) FDA approval for Praxiject Prefilled syringes.

May 2016: Cardinal Health received 510 (k) FDA approval for Monoject Prefill I.V. Flush Syringes.

April 2016: Becton Dickinson to shutter Creedmoor, N.C. plant, which manufactures PosiFlush syringes and safety components, to lay off 120.

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Reasons to Buying this Qualitative Report –

- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Global Pre-Filled Saline Syringes Market.

- Highlights key business priorities in order to assist companies to realign their business strategies.

- The key findings and recommendations highlight crucial progressive industry trends in the Pre-Filled Saline Syringes, thereby allowing players to develop effective long term strategies.

- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.

- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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This release was published on openPR.