(MENAFN- America News Hour) In a recent published report, Kenneth Research has updated the market report for Disposable Syringes Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Disposable Syringes Market products.
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Kenneth Research has recently added a report titled Disposable Syringes Market in its storehouse of market research reports. The report provides a detailed insight into the market scenario on the basis of the market size and volume for the forecast period, i.e., 2021 2030. Factors such as the growing advancements in the development of novel drugs, coupled with the growing health infrastructure in several nations worldwide are anticipated to drive the growth of the market in the coming years. Moreover, increasing expenditure on healthcare, backed by the need amongst individuals for quality healthcare services, is also anticipated to contribute to the market growth.
According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018. Moreover, growing concern for deaths caused due to various diseases and the need for treatment that can lower the crude death rate, which in the year 2019 recorded close to 7% (per 1000 people), are also anticipated to drive the market growth during the forecast period.
The Disposable Syringes market report provides an in-depth analysis of the Healthcare & Pharmaceuticals during the forecast period 2017-2026 which consists of the industry overview including the market size, volume, growth rate and recent trends and developments in the market based on historical and current data. The report covers detailed information about the key players, market segments, growth drivers and restraints in the industry. The report delivers an insight into the Disposable Syringes market which allows our clients to make informed decisions regarding the growth of their businesses.
The Disposable Syringes market is anticipated to reach over USD 11.19 billion by 2026 according to a new research published by Polaris Market Research. In 2017, the therapeutic injections dominated the global Disposable Syringes market, in terms of revenue. North America is expected to be the leading contributor to the global market revenue in 2017. Disposable Syringes are the syringes manufactured from plastic, which are used in replacing the useable syringes in the coming years. These syringes are considered to be the cost effective, and also help in reducing the cost of treatment and chances of infection to the individual.
The Disposable Syringes market is primarily driven by the increasing number increasing government initiatives and regulation that has promoted the market growth during the forecast period. Additionally, increasing activities by various NGO's that create awareness for the use of disposable syringes, and need to control the spread of the life taking diseases such as HIV to also boost the Disposable Syringes market growth in the coming years. Additionally, the continuous product development by the manufacturing, and their efforts to tap the potential eastern market to support the Disposable Syringes market growth during the forecast period.
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North America generated the highest revenue in the Disposable Syringes market in 2017, and is expected to be the leading region globally during the forecast period. The North Americas Disposable Syringe Market is primarily driven by the rising prevalence of infections that need to be treated with the help of therapeutic injection. Additionally, presence of key players in this region that are focusing on product development, and increasing number of clinical trials that has promoted the growth of this market in the region. Moreover, Europe being the second largest contributor in the disposable syringe market owning to the stringent government which promoted the used of safety engineered products.
The key players operating in the Disposable Syringes market include Fresenius Kabi AG, Becton, Dickinson and Company, Baxter International, Inc., UltiMed, Inc. Flextronics International Vita Needle Company, Terumo Corporation, Novo Nordisk, Henke-Sass, Wolf, Covidien, Braun Medical, Inc., Retractable Technologies, Inc., among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
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Table of Contents
1. Overview and Scope
1.1. Research goal & scope
1.2. Research assumptions
1.3. Research Methodology
1.3.1. Primary data sources
1.3.2. Secondary data sources
1.4. Key take-away
1.5. Stakeholders
2. Executive Summary
2.1. Market Definition
2.2. Market Segmentation
3. Disposable Syringe Market Insights
3.1. Disposable Syringe – Industry snapshot
3.2. Disposable Syringe – Ecosystem analysis
3.3. Disposable Syringe Market Dynamics
3.3.1. Disposable Syringe – Market Forces
3.3.1.1. Disposable Syringe Market Driver Analysis
3.3.1.2. Disposable Syringe Market Restraint/Challenges analysis
3.3.1.3. Disposable Syringe Market Opportunity Analysis
3.4. Industry analysis – Porter's five force
3.4.1. Bargaining power of supplier
3.4.2. Bargaining power of buyer
3.4.3. Threat of substitute
3.4.4. Threat of new entrant
3.4.5. Degree of competition
3.5. Disposable Syringe Market PEST Analysis
3.6. Disposable Syringe Market Value Chain Analysis
3.7. Disposable Syringe Industry Trends
3.8. Competitive Ranking Analysis
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