Disposable Syringes Market Size, Share, Price, Trends, Growth, Analysis, Outlook, Report, Forecast 2022-2027
Global Disposable Syringes Market to be Driven by Increase in Diabetes Patients During the Forecast Period 2022-2027
30 NORTH GOULD STREET, WYOMING, USA, Aug. 30, 2022 /EINPresswire.com/ — Expert Market Research’s new report titled “Global Disposable Syringes Market Size, Share, Price, Trends, Growth, Report and Forecast 2022-2027′, gives an in-depth analysis of the Global Disposable Syringes Market, rating the market based on its segments such as Product Type, Application, and Major Regions.
The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.
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Key highlights of the report include:
Market Overview (2017-2027)
• Forecast CAGR (2022-2027): 5.1%
Due to the increasing prevalence of diabetes and the need for regular insulin injections to control blood sugar, the demand for disposable syringes has steadily increased in recent years.
Moreover, the increasing frequency of chronic diseases is fueling the expansion of the market. Since most diagnostic and treatment approaches use disposable syringes, the COVID-19 outbreak is increasing the demand for disposable syringes. This is expected to help the market grow in the coming years.
Industry definition and major segments
Disposable syringes are basic plastic plunger pump syringes that are used to administer medications and draw blood. The back of the syringe has a plunger that can be pushed in and out to help the medicine flow. These syringes are safe to use and should only be used once.
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According to the type of product, the industry can be divided into:
• Conventional disposable syringes
• Disposable safety syringes
On the basis of application, the industry can be segmented into:
• Vaccination injections
• Therapeutic injections
On the basis of region, the market can be divided into:
• North America
• Latin America
• The Middle East and Africa
Owing to the growing demand for injectable drugs, increasing prevalence of chronic and lifestyle diseases, and the sheer availability of disposable syringes in the region, the North America disposable syringe market is expected to increase significantly while throughout the forecast period. In addition, the increasing focus on patient and healthcare provider safety is expected to contribute significantly to the growth of the market. Furthermore, the ongoing COVID-19 vaccination program in many countries in the region is likely to significantly increase the demand for disposable syringes throughout the forecast period.
Main market players
Major market players include Baxter International Inc., Braun Melsungen AG, Becton, Dickinson and Company, Cardinal Health, Henke-Sass Wolf, Nipro Medical Corporation and others. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
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