Global Syringes Market Is Estimated To Witness High Growth Owing To Rising Prevalence Of Chronic Diseases And Increasing Popularity Of Disposable Syringes

Syringes Market
Syringes Market 

Overview:

A syringe is a hollow tube, with a plunger that is used to inject liquids and medicines into the body. These devices can be made of plastic materials or metals. They have been around since the 9th century. There are numerous uses for syringes. Some of them include injection, suction, transfer of air-sensitive reagents, and more. 

It is hollow, pointed needle pierced the skin without causing much pain. Modern-day syringes are usually made of plastic, although they are also available in glass. Plastic syringes are generally recyclable. They are inexpensive and can be disposed of cheaply after one use. Another type of syringe is the three-way syringe. These syringes have separate internal channels, allowing the user to deliver water, mist, or a combination of the two.

Market Dynamics:

Increasing product launches is estimated to augment growth of the global Syringes Market during the forecast period. For instance, the United States Agency for International Development launched the INITIATIVE FOR GLOBAL VACCINE ACCESS in December 2021. This initiative is aiming to accelerate the vaccine access and delivery assistance globally. Moreover, increasing incidences of needle-stick injuries is anticipated to restrain growth of the global syringes market during the forecast period.

Impact of COVID-19:

During the pandemic there was a huge demand for syringes globally. Many companies had increased their manufacturing capacity for meeting the global demand. This was due to increasing number of positive COVID-19 cases worldwide. Hospitals were dealing with shortage of medical devices, drugs, medical consumables and working staff during the pandemic. Many hospitals were running on fill capacity and only critical patients were hospitalized. Testing was also carried out on a large scale across the world. This led to increased demand for syringes. This fueled the growth of the global Syringes Market.

Key Takeaways:

The global Syringes Market is expected to witness high growth, exhibiting CAGR of XX% over the forecast period, due to increasing product approvals.

For instance, Serum Institute of India acquired 50% stake of SCHOTT Kaisha in August 2021, so as to become SCHOTT’s joint venture partners. Asia Pacific is anticipated to witness significant growth in the global syringes for market over the forecast period, owing to increasing presence of key players.

Major players operating in the global Syringes Market are Flextronics International Vita Needle Company, MEDTRONIC, Retractable Technologies, Nipro Corporation, Henke-Sass, Wolf, Baxter International, Inc., UltiMed, Inc., B. Braun Melsungen AG, Terumo Corporation, Novo Nordisk, Terumo Corporation, and Fresenius Kabi AG.

Comments

Post a Comment

Popular posts from this blog

Sarcopenia Treatment; Training and Physical Exercise Is Key to Counteract Sarcopenia

Image
Sarcopenia Treatment A primary Sarcopenia Treatment is exercise. Researchers have identified resistance training as the specific form of exercise that is most beneficial to individuals with sarcopenia. At present, resistance exercise, protein supplementation, and vitamin D have been established as the basic treatment of sarcopenia. Recent clinical trials on sarcopenia therapies such as physical exercise, nutraceutical, and pharmaceutical interventions have revealed that exercise is the only effective strategy shown to alleviate sarcopenia. Sarcopenia refers to a loss of muscle mass specifically related to aging. It's normal to lose some muscle mass as people age. Sarcopenia has been defined as an age-related, involuntary loss of skeletal muscle mass and strength. Although aging is the main cause of sarcopenia, some other factors contribute to the loss of muscle mass. Getting little or no physical activity on a regular basis puts people at an increased risk of developing sarcopenia
Read more

Bioresorbable Implants Can Also Help To Prevent Complications And Speed Up The Recovery Process

Image
Bioresorbable Implants Medical implants, either passive for structural support or for diagnosis and therapy with active electronics, are widely used in surgical applications. Although they have shown long-term biocompatibility, their removal imposes physical, biological and economical burdens on patients. To overcome this drawback, implantable devices exhibiting biodegradation in the body have been developed. These implants disappear inside the body after a certain time of use, and can be replaced with natural bone. The resorption of Bioresorbable Implants is driven by hydrolysis of the bonds linking their monomers. The amorphous portions of the polymer degrade first, while the crystalline regions remain intact and provide most of their mechanical strength. The monomers are then broken down into lactic and glycolic acids, which are converted to pyruvate and then processed through the citric acid cycle into water and carbon dioxide. The Bioresorbable Implants Market was valued at US$
Read more

Increasing Developments by Key Players Are Expected To Augment the Growth of the Global Digital Pathology Market

Image
 Digital Pathology Digital Pathology Market , by Product Type (Image Analysis Software, Scanner {Bright Field Scanner, Fluorescence Scanner}, Services {Installation & Integration, Maintenance Services, Consulting Services}), by Therapeutic Area (Oncology, Hematology, Autoimmune Disorder, Dermatology, and Others), by Technology (Immunohistochemistry, ISH & FISH, Immunofluorescence and others) End User (Pharmaceutical & Biotechnology Companies, Diagnostic Labs, Hospital Laboratories, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030. The global Digital Pathology Market is anticipated to reach an estimated value of US$ 884.4 million in 2023 and is projected to grow at a CAGR of 12.2% from 2023 to 2030. Market Overview: Digital pathology refers to the practice of digitizing glass slides containing tissue samples and analyzing them using digital imaging technology
Read more