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Analyzing Growth Prospects: Global Syringes And Needles Market to Grow at a CAGR of 6.73% by 2028, DelveInsight Estimates | Becton, Dickinson and Company, B. Braun SE, Terumo Medical Corporation, Gerresheimer AG, ICU Medical, Inc., Cardinal Health, Hindus
As per DelveInsight's assessment, the Syringes And Needles Market is expected to grow at an immense pace in the coming years owing to the The increasing prevalence of pandemic such as COVID-19, Pre- and post-operation and some few of the other applications where Syringes And Needles have been used, which is expected to drive the demand for Syringes And Needles in the upcoming years.DelveInsight's "Syringes And Needles Market" report provides the current and forecast market outlook, forthcoming device innovation, challenges, market drivers and barriers. The report also covers the major emerging products and key Syringes And Needles companies actively working in the market.
Syringes And Needles Overview
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Needles and syringes are sterile medical instruments used for extracting secretions or injecting liquids into the body. A syringe is a glass or plastic cylinder that has been calibrated and has an opening on one end that fits a needle and a plunger. The needle is a hollow metal tube with a sharp tip. It is also possible to extract different bodily fluids with a syringe and needle; the most common ones being tissue fluid from swollen joints and blood from veins.
Syringes And Needles Market Insights
The increasing prevalence of infectious diseases like typhoid, malaria, and others, as well as the rising number of epidemics and pandemics like COVID-19 and influenza, are driving up demand for syringes and needles. Other factors that are anticipated to positively impact market growth during the 2023-2028 forecast period include the growing focus on improving the safety, affordability, and usability of syringes and needles for end-users.
DelveInsight Analysis: The Global Syringes And Needles market size is anticipated to grow with a CAGR of 6.73% during the forecasted period (2023-2028).
To know more about why North America is leading the market growth in the Syringes And Needles market, get a snapshot of the report Syringes And Needles Market Trends
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Recent Developments in the Syringes And Needles Market Report
• In March 2023, Nexus Pharmaceuticals, Inc. announced that it received US Food and Drug Administration (FDA) approval for EMERPHED® (ephedrine sulfate injection) in 25mg/5mL and 50mg/10mL single-dose pre-filled syringes. The 10mL presentation is the first and only FDA-approved ready-to-administer 10mL pre-filled syringe available.
• In September 2022, BD (Becton, Dickinson, and Company), a leading global medical technology company, introduced a next-generation glass pre-fillable syringe (PFS) that sets a new standard in performance for vaccine PFS with new and tightened specifications for processability, cosmetics, contamination, and integrity. The new BD Effivax Glass Prefillable Syringe has been designed in collaboration with leading pharmaceutical companies to meet the complex and evolving needs of vaccine manufacturing.
• In July 2021, Fresenius Kabi launched a ready-to-administer fentanyl product prefilled syringe. The 1-mL presentation is said to be unique in the U.S. market and is designed to cut waste and diversion by reducing the potential for errors. Fresenius eliminated assembly steps to streamline point-of-care preparation, reduce the potential for waste and make it easier for healthcare professionals to dispense the prescribed dose.
To read more about the latest highlights related to Syringes And Needles, get a snapshot of the key highlights entailed in the Syringes And Needles Market Forecast Report
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Key Players in the Syringes And Needles Market
Some of the key market players operating in the Syringes And Needles market include- Becton, Dickinson and Company, B. Braun SE, Terumo Medical Corporation, Gerresheimer AG, ICU Medical, Inc., Cardinal Health, Hindustan Syringes & Medical Devices Ltd., Nipro Medical Corporation, SCHOTT PHARMA AG & CO. KGAA, Catalent, Inc, DeRoyal Industries, Inc., Connecticut Hypodermics, Inc., Albert David Ltd, PharmaJet, CODAN Companies, Medtronic plc, VOGT MEDICAL, Lifelong Meditech Private Limited, Hi-Tech Syringes, F. Hoffmann-La Roche AG, and others.
COVID-19 Impact Analysis on the Syringes And Needles Market
According to estimates, The market for syringes and needles is anticipated to be dominated by North America between 2023 and 2028. This dominance is caused by a number of factors, including the large number of end-user patients with diabetes, cardiovascular disease, and other conditions; increased R&D activity in the area; and the rapid introduction and approval of new devices, which is also propelling the growth of the syringe and needle market in North America.
Additionally, Due to the fact that syringes and needles were used in numerous clinical and research studies for the development of vaccines, the COVID-19 pandemic had a favorable effect on the overall growth of the syringe and needle business. With the commercial introduction of the first immunization, significant numbers of people were inoculated with doses of the vaccine using syringes and needles during the later stages of the coronavirus pandemic. The task of organizing and delivering vaccination doses to COVID-19-affected individuals was too much for the hospitals, clinics, and other healthcare facilities. So, during the projected period, the market for Syringes And Needles is anticipated to continue expanding (2023-2028).
Scope of the Syringes And Needles Market Report
• Coverage: Global
• Study Period: 2020-2028
• Syringes And Needles Market Segmentation By Usage: Disposable And Reusable
• Syringes And Needles Market Segmentation By Type: Syringes [Standard Syringes, Insulin Syringes, Prefilled Flush Syringes, Leur-Lock Syringes, And Others
• Syringes And Needles Market Segmentation By Needle: Hypodermic Needles, Pen Needles, And Others
• Syringes And Needles Market Segmentation By End User: Hospitals, Speciality Clinics, And Others
• Syringes And Needles Market Segmentation By Geography: North America, Europe, Asia-Pacific, and Rest of the World
• Key Syringes And Needles Companies: Becton, Dickinson and Company, B. Braun SE, Terumo Medical Corporation, Gerresheimer AG, ICU Medical, Inc., Cardinal Health, Hindustan Syringes & Medical Devices Ltd., Nipro Medical Corporation, SCHOTT PHARMA AG & CO. KGAA, Catalent, Inc, DeRoyal Industries, Inc., Connecticut Hypodermics, Inc., Albert David Ltd, PharmaJet, CODAN Companies, Medtronic plc, VOGT MEDICAL, Lifelong Meditech Private Limited, Hi-Tech Syringes, F. Hoffmann-La Roche AG, and others
• Porter's Five Forces Analysis, Product Profiles, Case Studies, KOL's Views, Analyst's View
Which MedTech key players in the Syringes And Needles market are set to emerge as the trendsetter explore @ Syringes And Needles Manufacturer
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Table of Contents
1 Syringes And Needles Market Report Introduction
2 Syringes And Needles Market Executive summary
3 Regulatory and Patent Analysis
4 Syringes And Needles Market Key Factors Analysis
5 Porter's Five Forces Analysis
6 COVID-19 Impact Analysis on Syringes And Needles Market
7 Syringes And Needles Market Layout
8 Global Company Share Analysis - Key 3-5 Companies
9 Company and Product Profiles
10 Syringes And Needles Market Drivers
11. Syringes And Needles Market Barriers
12. Project Approach
13. About DelveInsight
Interested in knowing how the Syringes And Needles market will grow by 2028? Click to get a snapshot of the Syringes And Needles Market Analysis
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Contact Us
Gaurav Bora
info@delveinsight.com
+1(919)321-6187
https://www.delveinsight.com/medical-devices
About DelveInsight
DelveInsight is a leading Business Consultant, and Market Research firm focused exclusively on life sciences. It supports Pharma companies by providing comprehensive end-to-end solutions to improve their performance.
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