Press release
Disposable Syringes Market 2020 Research and Clinical Analysis - Air-Tite Products Co., Inc., Baxter International
Disposable Syringes Market - Growth, Trends, and Forecasts (2020 - 2025)The report will make detailed analysis mainly on in-depth research on the development environment, Market size, development trend, operation situation and future development trend of Disposable Syringes Market on the basis of stating current situation of the industry in 2020.
The major factors for the growth of the disposable syringes market include the increasing activities by various NGOs that create awareness for the use of disposable syringes, need to control the spread of diseases like HIV, and rising demand of injectable drugs.
There has been a marked increase in the use of injectable drugs, primarily due to the lack of bioavailability in conventional drug delivery methods. A large number of orally administered drugs are subject to decomposition during the first-pass metabolism, which renders them ineffective by the time they reach the systemic circulation. On the other hand, injectable drugs directly enter the systemic circulation and provide the desired effect with the quicker onset of action. Furthermore, there are rising cases of needlestick injuries boosting the demand for the safety syringes. These advantages are also responsible for increased adoption of injectable drug and the consequent growth of the global disposable syringes market. Furthermore, the increasing demand for vaccines is expected to drive the sales of syringes particularly disposable syringes in the developing regions of the world.
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Competitive Landscape
The market studied is a fragmented market owing to the presence of various market players. Some of the market players are Air-Tite Products Co., Inc., Baxter International, Inc., Becton, Dickinson and Company, Braun Medical, Inc., Cardinal Health, Henke-Sass, Wolf GmbH, Hindustan Syringes & Medical Devices Ltd, Nipro, Retractable Technologies, Inc., and Terumo Corporation
November 12, 2018: Baxter International Inc. (NYSE:BAX), a global leader in advancing surgical innovation, today unveiled the latest design enhancements for its fibrin sealant product, the Tisseel Prima syringe, at the 2018 American Association of Gynecologic Laparoscopists (AAGL) meeting. Attendees can visit Baxter’s booth #807 at the AAGL meeting this week for product demonstrations of the new Prima syringe and the Tisseel 40cm Duplotip Rigid Applicator, along with the rest of Baxter’s portfolio of hemostats and sealants that can be used during gynecological surgeries.
Key Market Trends:
Safety Syringes is the Segment by Type Expected to Witness Fastest Growth over the Forecast Period
Safety syringes are well established and available in global markets and major factors driving the growth of the market rising focus on reducing needlestick injuries. While the introduction of universal precautions and safety-conscious needle designs has led to a decline in such type of injuries. Awareness of needlestick injuries started to develop soon after the identification of HIV and today the major concern after a needlestick injury is not HIV but hepatitis B or hepatitis C. The safety syringes can be segmented into retractable safety syringes and non-retractable safety syringes. A safety syringe is equipped with a sheath that automatically extends over the needle of the syringe after the syringe has been used to administer the injection. Safety syringes can help in the prevention of transmission of diseases, like AIDS and Hepatitis, among healthcare workers. Additionally, safety syringes help to avert all types of needle stick injuries. Thus, owing to the rising cases of needlestick injuries are expected to increase the demand for safety syringes leading to the high growth of the market.
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The research includes historic data from 2015 to 2020 and forecasts until 2025 which makes the report’s an invaluable resource for industry executives, Marketing, Sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Note: All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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