- The disposable syringes market is predicted to witness exponential growth over the forecast period. This is due to rising diabetes cases and growing concerns regarding infectious diseases. Disposable syringes are primarily used by physicians for monitoring and diagnosing patients at homes or clinics.
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Disposable syringes have outstanding properties over non disposable ones. These are safety, reasonable rates, usage ease and hygiene. These features of disposable syringes are responsible for driving the market over the forecast period. Other factors propelling this market are development in pharmaceuticals and rising concerns about infections, such as hepatitis and HIV.
The disposable syringes market can be segregated into products, consumers, and geographies. The market, on the basis of products, can be divided into insulin injector pens, vaccination injectors, prefilled syringes, hypodermic needles and syringes, safety syringes, blood collection needles, specialty needles and needleless injectors.
The disposable syringes market can be fragmented on the basis of consumers, such as diagnostics laboratories, hospitals, nursing homes, physician clinics and patients. Geographically, the disposable syringes market can be divided into regions of North America, Europe, Asia Pacific and ROW (rest of the world).
Presently, North America is leading the disposable syringes market as a result of huge investments on research and development, technological improvements and patient awareness. The emerging markets of Asia Pacific, including China and India are likely to witness huge growth for the disposable syringes market. This is on account of increasing R&D activities and increasing healthcare expenditures.
Europe is a flourishing market and is likely to witness significant growth over the forecast period. Growing healthcare infrastructure and innovations in medical sector are also predicted to propel the disposable syringes market further.
Information Source: Grand View Research
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