Global Disposable Syringes Market is anticipated to reach USD 9.9 billion by 2024. Disposable syringes are the essential components in the dental, veterinary, and surgical field. The emphasis on infection and safety measures in hospitals and outpatient facilities have fueled the consumption of these syringes.

The factors that propel the growth of the Disposable Syringes Market include robust growth of the disposable market, increase in the use of disposable syringes, growing awareness among people, and growth in geriatric population. On the other hand, there are factors that may hamper the growth of the market including substantial adoption of non-disposable syringes among dental professionals for administering anesthesia, and growing affordability of these products due to their reusable nature. Disposable syringes industry is anticipated to grow at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.

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Disposable syringes industry may be explored by type, application, and geography. The market may be explored by type as Safety Syringes, Conventional Syringes, Non-retractable Safety Syringes and Retractable Safety Syringes. The “Safety disposable syringes” segment led the disposable syringes market in 2015 and is anticipated to maintain its dominance by 2024. The key factor that may attributed to the growth of market includes growing popularity across the globe.

The key applications that could be explored in the disposable syringes industry include Therapeutic Injections and Immunization Injections. The “Therapeutics Injections” segment led the market of disposable syringes in 2015 and is anticipated to maintain its dominance by 2024. The key factors that may attributed to the growth of market include rising demand for injectable syringes to treat diseases and growing preference for syringes.

North America accounted for the major share of the Disposable Syringes Market Size in 2015 and will continue to lead in the forecast period. The factors that could be attributed to the growth include rising preference for injectable drugs, high occurrence of diseases, and technological advancement in order to improve patient safety and comfort. North America is likely to be followed by Europe and Asia-Pacific owing to growing number of injectable drugs and rise in the incidence of disorders across the regions.

Some of the key players that fuel the growth of the disposable syringes industry comprise Fresenius Kabi AG; Braun Medical, Inc.; Flextronics International Vita Needle Company; Baxter International, Inc.; Novo Nordisk; Terumo Corporation; Henke-Sass, Wolf; Becton; UltiMed, Inc.; Retractable Technologies, Inc.; Dickinson and Company and Covidien. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Market Segment:

Global Type Outlook (Market revenue in USD Million, 2013 - 2024)
    • Conventional syringes
    • Safety syringes
        • Retractable safety syringes
        • Non-retractable safety syringes

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The global Smart Syringes Market was appreciated at USD 4.75 billion in the year 2015 and is estimated to touch US$ 10.2 billion by the completion of the prediction period. It is estimated to develop at a substantial CAGR for the duration of the prediction. The extraordinary development is expected because of the growing occurrence of numerous illnesses, the growth in the sum of immunizations, the progression of the elderly inhabitants, and the necessity to avert hospital or clinic developed contaminations.

More or less of the important reasons motivating the market consist of the growth in the sum of patients, the growing amount of needle stick wounds, and the extent of sicknesses owing to unhealthy practices of the inoculation. The smart syringes industry on the source of Type of End Use could span Psychiatrists, Diabetic patients, Physicians [Family practices], Hospitals and Health Maintenance Organizations [HMOs], and others.

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The subdivisions of Hospitals and HMOs retained the biggest stake of the market during the year 2015.This subdivision is likely to develop at a profitable CAGR above the prediction period. Growth in the demand for casualty and inpatient hospital facilities is estimated to drive the progress of the market above the following seven years.

The smart syringes market on the source of Type of Application could span Gathering of Blood Sample, Transfer of Medicine. The subdivision of Transfer of Medicine was responsible for the supreme stake of income during the year 2015.Itisadditionally estimated to motivate the progress of smart syringes industry above the prediction period. Growth in the occurrence of the existing and the mark sicknesses, greater incomplete necessities of immunization through the developing markets, estimated to fast track the progress of the market above the prediction period.

The Smart Syringe market on the source of Type of Product could span Passive Safety Syringes, Auto-Disable Syringes, Active Safety Syringes. The subdivision of Auto-Disable Syringes was responsible for the supreme stake of the market during the year 2015. It held65.8% and this subdivision projected to carry on its supremacy above the prediction period.

The subdivision of Passive Safety Syringes is projected to appear as the speedily developing class through a CAGR of 9.8% or the duration of prediction. The comparatively speedy progress of this subdivision is credited to their easiness of usage, augmented care of the patient owing to the automatic starting of the security feature, and the deterrence of the spreading of the contamination, accomplished by these syringes.

The smart syringes industry on the source of Area with respect to Trades in terms of intake, Profits, Market stake, and Development percentage in these areas, for the duration of the prediction could span North America [U.S.A, Canada], Europe [Germany, U.K.], Asia Pacific [Japan, China], Latin America [Mexico, Brazil], Middle East & Africa [South Africa].

By the source of geography, North America was responsible for the biggest stake. It held almost 43% during the year 2015. The greater stake was accredited to the growing alertness regarding the damages due to the needle stick, the incessant developments in healthcare. the existence of a vast elderly inhabitants, and the presence of strong principal and subordinate healthcare centers through the province.

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The Asia Pacific is expected to be the speedily developing sector by way of a CAGR of 9% for the duration of prediction. Growths in the private & public healthcare spending levels, the hard work in reduction of sickness, and increase in patient upkeep are some of the important motives driving the progress of the market above the prediction period.

Furthermore, the possibility of damages due to needle stick and hospital or clinic developed contaminations is rampant in this province. The World Health Organization [WHO] is undertaking important exertions and numerous additional government agencies to decrease the extent of contaminations. This is sequentially estimated to catalyze the smart syringes market above the prediction period.

The statement revises Trades in terms of intake of Smart Syringes in the market; particularly in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field are Revolutions Medical Corporation, Medtronic Plc [Covidien], Retractable Technologies, Inc., Terumo Medical Corporation, Dickinson and Co., Unilife Corporation, Smiths Group Plc, Baxter International, Inc., Braun Melsungen AG, and Becton.

Market Segment:

Smart Syringes Product Outlook, (USD Million, 2013 - 2024)
• Auto-disable syringes
• Active safety syringes
• Passive safety syringes

Smart Syringes Application Outlook, (USD Million,2013 - 2024)
• Drug delivery
• Vaccination
• Blood specimen collection

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Smart Syringes End-Use Outlook, (USD Million,2013 - 2024)
• Hospitals and HMOs
• Diabetic patients
• Family practices (Physicians)
• Psychiatrists
• Others

Smart Syringes Regional Outlook, (USD Million, 2013 - 2024)
• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• Asia Pacific
• Japan
• China
• Latin America
• Brazil
• Mexico
• MEA
• South Africa

Prefilled Syringes Market is estimated to value over USD 6.4 billion by 2027 end and register a CAGR of 11% from the forecast period 2020-2027.

The report initiates from the outline of business surroundings and explains the commercial summary of chain structure. Moreover, it analyses forecast By Type, By Application, By Region and Prefilled Syringes Market growth.

Additionally, this report illustrates the corporate profiles and situation of competitive landscape amongst numerous associated corporations including the analysis of market evaluation and options associated with the worth chain. This report provides valuable insights on the general market profit through a profit graph, an in depth SWOT analysis of the market trends alongside the regional proliferation of this business vertical.

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Market Segmentation:

This Market is divided By Type, By Application and By Region.

Regionally, the worldwide Prefilled Syringes Market is fragmented as North America, Europe, Asia Pacific and also the rest of the world.

Key Market Players:

Major market players enclosed within this market are

• GERRESHEIMER
• SCHOTT
• TREUMO
• NIPRO
• MEDTRONIC
• STEVANATO (OMPI)
• RETRACTABLE TECHNOLOGIES
• GLOBE MEDICAL TECH

(Note: The list of the key players are going to be updated with the most recent market scenario and trends)

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FutureWise Key Takeaways:

• Growth prospects
• SWOT analysis
• Key trends
• Key data-points touching market growth

Competitive Landscape:

• Tier 1 players- well-established companies in the market accounting a major market share  
• Tier 2 players 
• Rapidly growing players
• New Entrants

Objectives of the Study:

• To offer with an complete analysis on the Prefilled Syringes Market By Type, By Application and By Region
• To cater comprehensive data on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To measure and forecast micro-markets and also the overall market
• To predict the market size, in key regions — North America, Europe, Asia Pacific and rest of the world
• To record and evaluate the competitive landscape mapping - product launches, technological advancements, mergers and expansions

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