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Disposable syringes market can be segmented into North America, Europe, Asia Pacific, and Rest of World (ROW). North America dominated the market of disposable syringes, followed by Europe and Asia Pacific.
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The global disposable syringes market is a structured market and is largely governed by prominent players such as
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According to the Market Industry Reports (MIR) research findings, variety of technologically advanced disposable syringes along with the growth in point-of-care administration systems are set to open new growth opportunities for stakeholders.
Growth opportunities in the global disposable syringes market looks promising for the coming eight to ten years. Growing demand for injectable drugs and growth in point-of-care administration systems are some of the critical factors driving the growth of the global disposable syringes market.
Technological advancements have also played a key role in shaping the growth of the disposable syringes market. For instance, VanishPoint syringe, by Retractable Technologies, Inc. is a precise, reliable and easy to use single-handed syringe with a needle that is retracted from the patient immediately upon depletion of the syringe.
“Top companies are investing in research and development to build their disposable syringes portfolio with advanced technology to serve each disposable syringes market segment. Thus, patients facing the problem of needlestick injuries are relieved using these syringes with advanced technology,” said Trupti, Senior Analyst, Healthcare at MIR.
From a regional perspective, Asia-Pacific is expected to witness highest CAGR in the coming years owing to increasing number of government and private initiatives for conducting immunization drives across the countries. Additionally, the amplified interest shown by North American and European players in these regions is expected to add to the quality of disposable syringes available in the market, further increasing their consumption rates.
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Press Release Distributed by The Express Wire
To view the original version on The Express Wire visit Global Disposable Syringes Market Likely to Witness CAGR of 7.50% from 2019 to 2030