The Global Syringe and Needle Market was valued at USD XX million in 2017, and is expected to grow at a CAGR of XX% by 2025. The market is segmented into Product type, Application, End user, and region. The market is largely driven by increasing number of disease prevalence.
Syringe and Needle are used as a sterile device to inject solution into body. Growing prevalence of chronic disease specially diabetes, cancer, chronic intestinal diseases, along with the increased government funding to support clinical trials will propel the global syringe and needle market. According to World Gastroenterology Organization, 35-40 % of the world’s total population are suffering from acute or chronic gastrointestinal problems. Also, according to the World Cancer Research Fund International, in 2015, cancer was responsible for 8.8 million deaths, and is the second leading cause of death across the globe.
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Demographic change, increasing adoption and demand for safety syringes and needles over conventional reusable syringes and needles, increasing partnerships between biopharma companies and CROs, and investments in the R&D segment are likely to drive the global syringe and needle market during the forecast period.
North America region accounted for the largest market share in 2017 and is expected to grow considerably during the projected period, owing to large presence of leading market players and high expenditure on healthcare. While Asia Pacific is expected to grow at a highest rate during the forecast period.
Some of the key players operating in this market are B. Braun Medical Inc., Covidien Plc, Terumo Corporation, Smiths Medical, and Others.
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Key Benefits of the Report:
Target Audience:
* Syringe and Needle manufacturers
* Traders, Importer and Exporter
* Type suppliers and distributors
* Research and consulting firms
* Government and research organizations
* Associations and industry bodies
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The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective like analyst report of investment banks. The secondary research forms the base of our study where we conducted extensive data mining, referring to verified data sources such as white papers government and regulatory published materials, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factor, investment, market dynamics including technical scenario, consumer behavior, and end use industry trends and dynamics , capacity production, spending were taken into consideration.
We have assigned weights to these parameters and quantified their market impacts using the weighted average analysis to derive the expected market growth rate.
The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs) which typically include:
TABLE OF CONTENT
1 Executive Summary
2 Methodology And Market Scope
3 Global Syringe And Needle Market — Industry Outlook
4 Global Syringe And Needle Market Product Type Outlook
5 Global Syringe And Needle Market Application Outlook
6 Global Syringe And Needle Market End User Outlook
7 Global Syringe And Needle Market Regional Outlook
8 Competitive Landscape
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