Latin America Syringes Industry by Usability (Sterilizable/reusable (hypodermic, oral), by Disposable Syringes (conventional, safety (Retractable, Non-Retractable), prefilled)), by Material (Glass, Plastic Syringes), by Type (General, Specialized Syringes (insulin, tuberculin, Allergy and Others)), and by Region- Industry Analysis, Share, Size, Growth, Trends, and Forecasts (2016-2021)
According to the report Latin America Syringes Industry, published by Market Data Forecast, The Industry had a Industry value of USD 1.63 billion in 2016 and is forecasted to exhibit a CAGR of 7.7% and reach USD 2.53 billion by 2021.
Syringes have numerous applications in healthcare sector. They are normally used by Diabetes patients to take insulin.
Syringes are also used to inject various types of medicines or to extract samples of body fluids from swollen joints or any infected part.
Browse Market data tables and in-depth TOC of the Latin America Syringes Industry to 2021 at www.marketdataforecast.com/market-…nges-market-1938/
Increasing aging population, rising Prevalence of Chronic diseases, and technological advancements in Syringe drug delivery are some of the factors driving the Industry. Rising prevalence of Diabetes resulted in higher demand for syringes.
However, factors like Risk of infection associated with Drug delivery through syringes, high costs of specialized syringes are restraining the Industry.
Latin America Syringes Industry is segmented based on Usability, Material and Type. Based on Usability, Industry is further segmented into Sterilizable/reusable Syringes, Disposable Syringes, prefilled Syringes.
Based on Sterilizable Syringes, Industry is further segmented into hypodermic Syringes, oral Syringes. Based on Disposable Syringes, Industry is further segmented into conventional Syringes, safety Syringes, prefilled Syringes.
Based on Safety Syringes, Industry is further segmented into Retractable Syringes, Non-Retractable Syringes. Based on Material, Industry is segmented into Glass and plastic.
Based on Type, Industry is segmented into General, Specialized Syringes. Based on Specialized Syringes, Industry is further segmented into insulin, tuberculin, Allergy and Others.
The Disposable Syringes segment is expected to command a larger share owing to the increasing use of injectable in drug delivery, Rising geriatric population and increased risk of infection with reusable syringes.
Geographically, Industry is segmented into Argentina, Brazil and Mexico. Latin America is expected to grow at a significant CAGR owing to the presence of developing countries, and growing healthcare facilities.
Becton, Dickinson and Company, Terumo Corporation, Medtronic plc, Smiths Medical, B. Braun Medical Inc., NIPRO Corporation, Hindustan Syringes & Medical Devices Limited, Gerresheimer AG, SCHOTT AG, and CODAN MedizinischeGeräte GmbH & Co KG are some of the key players operating in the Latin America syringes Industry.
Key Points from Table of Contents
- Executive Summary
- Key Inferences
- New Developments
Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
Latin America Syringes Industry: Segmentation
- o Sterilizable/reusable Syringes
- o Disposable Syringes
- o Glass
- o Plastic
- o General,
- o Specialized Syringes
- Rest of Latin America
- PESTLE analysis
- Porter’s Five analysis
Industry Leaders' Analysis
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