According to the report North America Syringes Market, published by Market Data Forecast, The Market was estimated to be USD 2.86 billion in 2016 and is predicted to reach USD 4.14 billion by 2021 with a CAGR of 7.7 %.
Syringes are usually made up of plastic or glass in the form of cylinder with plunger at one end and needle at another end. Syringes are used either to inject a drug or take samples of body fluids.
They are mainly used in drug delivery for chronic diseases like Diabetes.
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Increasing Prevalence of Chronic diseases, increasing geriatric population, and technological advancements in Syringe drug delivery are some of the drivers driving the market.
However, factors like high risk of infection associated with Drug delivery through syringes, high costs of specialized syringes are restraining the market.
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North America Syringes Market: Segmentation
- Sterilizable/reusable Syringes
- o Hydrodermic Syringes
- o Oral Syringes
- Disposable Syringes
- o Conventional
- o safety
- o prefilled
- Y-o-Y Growth Analysis, By Usability
- Market Attractiveness Analysis, By Usability
- Market Share Analysis, By Usability
- Y-o-Y Growth Analysis, By Material
- Market Attractiveness Analysis, By Material
- Market Share Analysis, By Material
- Specialized Syringes
- o insulin
- o Tuberculin
- o Allergy
- o Others
- Y-o-Y Growth Analysis, By Type
- Market Attractiveness Analysis, By Type
- Market Share Analysis, By Type
Terumo Corporation, B. Braun Medical Inc., Medtronic plc, Becton Dickinson and Company, Smiths Medical, Hindustan Syringes & Medical Devices Limited, NIPRO Corporation, Gerresheimer AG, SCHOTT AG, and CODAN Medizinische Geräte GmbH & Co KG are some of the key players operating in the North America syringes market.
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Reasons to access North America Syringes Market Report:
- Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
- Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
- Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
- Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
- Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
- A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
- Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
- An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
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