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tejalbele-2024 · 2 months
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Insulin Syringes Market to Reach $2.40 Bn, Globally, by 2030 at 4.4% CAGR: Allied Market Research
Allied Market Research recently published a report, titled, "Insulin Syringes Market by Syringe Size (3/10 cc Syringe (0.3ml), 1/ 2 cc Syringe (0.5ml), 1cc syringe (1ml), and Others), Disease (Type-1 Diabetes and Type-2 Diabetes), End User (Hospital & Clinics, Homecare Settings, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030". As per the report, the global insulin syringes industry was pegged at USD 1.56 billion in 2020, and is expected to reach USD 2.40 billion by 2030, growing at a CAGR of 4.4% from 2021 to 2030.
𝐅𝐨𝐫 𝐑𝐢𝐠𝐡𝐭 𝐏𝐞𝐫𝐬𝐩𝐞𝐜𝐭𝐢𝐯𝐞 𝐚𝐧𝐝 𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐚𝐭: https://www.alliedmarketresearch.com/request-sample/3740
𝐌𝐚𝐣𝐨𝐫 𝐝𝐞𝐭𝐞𝐫𝐦𝐢𝐧𝐚𝐧𝐭𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐠𝐫𝐨𝐰𝐭𝐡
Increase in prevalence of diabetes, surge in the geriatric population, and rise in healthcare expenditure have boosted the growth of the global insulin syringes market. However, high price of insulin and the availability of alternative modes of insulin delivery hinder the market growth. On the contrary, high growth potential in developing countries is expected to open new opportunities for the market players in the future.
𝐂𝐨𝐯𝐢𝐝-𝟏𝟗 𝐬𝐜𝐞𝐧𝐚𝐫𝐢𝐨:
The Covid-19 pandemic led to a lockdown and imposed social distancing measures across several countries. The lockdown disrupted the supply chain, production, and distribution. Patients with high blood pressure and diabetes are at higher risk of getting affected by the virus. Thus, the demand for insulin administration surged during the pandemic. The type-2 diabetes segment to manifest the highest CAGR through 2030
By disease, the type-2 diabetes segment is estimated to portray the highest CAGR of 4.9% during the forecast period. In addition, the segment held the largest share in 2020, accounting for nearly three-fifths of the market, owing to rise in case of type 2 diabetes across the world. The research also analyzes the type-1 diabetes segment.
𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰 : https://www.alliedmarketresearch.com/insulin-syringes-market/purchase-options
𝐓𝐡𝐞 𝐜𝐥𝐢𝐧𝐢𝐜𝐬 𝐬𝐞𝐠𝐦𝐞𝐧𝐭 𝐝𝐨𝐦𝐢𝐧𝐚𝐭𝐞𝐝 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭
By end user, the hospital & clinics segment held the largest share in 2020, contributing to nearly half of the market. In addition, the segment is projected to manifest the highest CAGR of 5.3% during the forecast period, owing to rise in prevalence of chronic diseases such as diabetes and increase in elderly population. The report also analyzes the segments including homecare and others.
𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚 𝐡𝐞𝐥𝐝 𝐭𝐡𝐞 𝐥𝐢𝐨𝐧'𝐬 𝐬𝐡𝐚𝐫𝐞
By region, the market across North America held the largest share in 2020, accounting for nearly two-fifths of the market. This is due to high expenditure on R&D, well-established healthcare infrastructure, and presence of major players & their product availability. However, the market across Asia-Pacific is expected to register the highest CAGR of 6.5% during the forecast period, owing to improvement in R&D facilities, rapidly developing economic conditions, and disposable income.
𝐃𝐨 𝐘𝐨𝐮 𝐇𝐚𝐯𝐞 𝐀𝐧𝐲 𝐐𝐮𝐞𝐫𝐲 𝐎𝐫 𝐒𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭? 𝐀𝐬𝐤 𝐭𝐨 𝐎𝐮𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐄𝐱𝐩𝐞𝐫𝐭: https://www.alliedmarketresearch.com/purchase-enquiry/3740
𝐌𝐚𝐣𝐨𝐫 𝐦𝐚𝐫𝐤𝐞𝐭 𝐩𝐥𝐚𝐲𝐞𝐫𝐬
▪️ Novo Nordisk A/S ▪️ Abbott Laboratories ▪️ Biocon Ltd. ▪️ Cardinal Health Inc. ▪️ Terumo Corporation ▪️ Eli Lilly and Company ▪️ Beckton and Dickinson Company ▪️ Nipro Medical Corporation ▪️ Medline Industries ▪️ Hindustan syringe and medical device Ltd.
𝐀𝐛𝐨𝐮𝐭 𝐔𝐬
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
𝐂𝐨𝐧𝐭𝐚𝐜𝐭:
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sanemyamen · 1 year
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Medical Syringe Market Unidentified Segments – The Biggest Opportunity Of 2022
Advance Market Analytics released a new market study on Global Medical Syringe Market Research report which presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. The research study provides estimates for Global Medical Syringe Forecast till 2027*.
A syringe is a medical device that is used to inject fluid into or withdraw fluid from, the body. A medical syringe comprises a needle attached to a hollow cylinder that is fitted with a sliding plunger. The descendent movement of the plunger injects fluid; upward movement withdraws fluid. Medical syringes were once made of metal or glass, and requisite cleaning and sterilization before they could be used again. Nowadays most syringes used in medicine are plastic and disposable.
Key Players included in the Research Coverage of Medical Syringe Market are Becton, Dickinson and Company (United States),B. Braun Melsungen AG(Germany),Gerresheimer (Germany),Hindustan Syringes & Medical Devices Limited (India),Terumo Corporation (Japan),Nipro Corporation (Japan),Schott AG (Germany),Medtronic plc (Ireland),Smiths Medical (United States),Medline (United States)
What's Trending in Market: Technological Advancements Spur Evolution in the Syringes
Growing Need for Further Advancements in Safety Syringes
Challenges: Rising Focus towards Development of Alternative Drug Delivery Methods
Opportunities: Developing Healthcare Infrastructure among the Developing Countries
Market Growth Drivers: Growing Incidence of Chronic Diseases
Increasing Trend towards Plastic Pre Filled Syringes
The Global Medical Syringe Market segments and Market Data Break Down by Type (Non-Disposable Syringes, Disposable Syringes (Safety Syringes, Conventional Syringes)), Application (Hospital, Clinic, Others), Distribution Channel (Online, Offline)
To comprehend Global Medical Syringe market dynamics in the world mainly, the worldwide Medical Syringe market is analyzed across major global regions. AMA also provides customized specific regional and country-level reports for the following areas. • North America: United States, Canada, and Mexico. • South & Central America: Argentina, Chile, Colombia and Brazil. • Middle East & Africa: Saudi Arabia, United Arab Emirates, Israel, Turkey, Egypt and South Africa. • Europe: United Kingdom, France, Italy, Germany, Spain, Belgium, Netherlands and Russia. • Asia-Pacific: India, China, Japan, South Korea, Indonesia, Malaysia, Singapore, and Australia. Presented By
AMA Research & Media LLP
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pharmaceuticals88 · 2 years
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Syringe Market Key Competitors, SWOT Analysis, Business opportunities, Trend Analysis 2029
The Syringe Market size At USD XX MILLION by 2029, exhibiting a CAGR of 11.4% during 2022-2029
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Syringe Market Overview
The Syringe Market report is a comprehensive overview of the market, including a review of its major segments. Alliances are developed after thorough primary and secondary studies. By speaking with industry experts and collecting their data, in-depth market data is produced. The report provides a thorough account of many market factors, including trends, segmentation, growth prospects, chances, difficulties, and competitive analyses. Get a Sample copy of the report:
https://pharmaresearchconsulting.com/reports/syringe-market 
List of Key Players Of Syringe Market Report:
Becton Dickinson and Company, B. Braun Melsungen AG, Hindustan Syringes & Medical Devices Limited, Smiths Medical, Cardinal Health Inc.  
Key Segments Covered in Syringe Market
By Usage, it is segmented into
Sterilizable/Reusable Syringes
Disposable Syringes
Conventional Syringes
Safety Syringes
Prefilled Syringes
By Application, it is segmented into
Insulin Syringes
Botox
Osteoarthritis
Human Growth Hormone
Other App 
Competitive Landscape
Syringe Market are showing an increasing amount of interest in creating unique products. In addition, several companies are collaborating, merging, and acquiring one another. In the upcoming years, all of these initiatives are anticipated to drive the global Syringe Market to new heights. 
The Syringe Market Regional Analysis Covers
– North America: United States, Canada, and Mexico. – South & Central America: Argentina, Chile, and Brazil. – Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt and South Africa. – Europe: UK, France, Italy, Germany, Spain, and Russia. – Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, and Australia. 
Get in Touch with Us: - Phone No.+1 (704) 266-3234
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ewnsnews · 3 years
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Hindustan Syringes gets government order for more syringes for COVID jabs
Hindustan Syringes gets government order for more syringes for COVID jabs
Image Source : HMDHEALTHCARE.COM Hindustan Syringes gets govt order for more syringes for COVID jabs.   Medical syringe major Hindustan Syringes and Medical Devices Ltd (HMD) has received an order for supply of 132.5 million syringes from the Centre, a top company official said on Friday. The company is not accepting any export orders and has diverted the supply of 100 million pieces from an…
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myabhijitr · 2 years
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Syringes Market 2022: Size, Share, Future Development, Industry Outlook, Growth Analysis by 2028 | Treumo Corporation, Medtronic, Becton, Dickinson and Company, B. Braun Medical
Overview
Syringes are used to inject medicine into patients. A syringe is a hollow tube with a needle that pierces the skin. The plunger is used to control the amount of medicine injected. It is often fitted with a hypodermic needle. A syringe has an open end that is often fitted with a nozzle or tubing. Syringes are often used to administer injections, infuse intravenous therapy, apply compounds, and draw/measure liquids. Most syringes come with graduated markings that allow users to easily measure the volume of fluid. Syringes’ openings are standardized, so it is important to check the mL and cc markings to ensure the correct quantity of fluid. The cc numbers on the side of the barrel are the most important parts of a syringe, because they determine the accuracy of the measurement.
Get PDF Sample Copy (Including Full TOC, List of Tables & Figures, Chart) @ https://www.coherentmarketinsights.com/insight/request-sample/917
Competitive Landscape
Major companies contributing to the global syringes market include Hindustan Syringes and Medical Devices Limited, B. Braun Medical Inc., Hamilton, Becton, Dickinson and Company, Treumo Corporation, Medtronic Plc., Codan Medizinische Gerate GmbH & Co KG., Gerresheimer AG, SCHOTT AG, Smiths Medical, and NIPRO Corporation.
Drivers
A boom in the number of hospital admissions amidst the growing prevalence of chronic diseases is expected to augment growth of the syringes market throughout the forecast period.
In addition to this, the growing prominence of vaccines and the increasing number of immunization programs due to the prevalence of infectious diseases is expected to supplement growth of the syringes market during the forecast period.
Summary of the COVID-19 Aftermath
The global syringes market has responded positively to the prevalence of the COVID-19 pandemic. Syringes were widely used in critical COVID patients as they were found to mitigate the virus transmission due to their one-time use. With the emergence of new C-19 variants, the market seems to have a long road ahead for expansion.
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Key Takeaways
The syringes market is anticipated to grow at a CAGR of 10.3% during the forecast period owing to the increasing prevalence of infectious diseases and increasing government support. For instance, in December 2021, Hindustan Syringes and Medical Devices received permission to produce syringes in the National Capital of Delhi, India, to boost C-19 vaccination drives.
On the geographical front, the North American region is a treasure island for the global syringes market in view of growing demand from the healthcare sector and the initiation of seasonal immunization programs every year to combat influenza infections.
On a related note, Asia Pacific is another region of interest for the global syringes market on account of a high COVID-19 caseload and growing demand for injectable drugs.
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videotrends · 2 years
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Auto Disable Syringes Market Growth, Size, Share, Competitive Landscape, Recent Developments, and Outlook by 2028 | BD, ISCON SURGICALS LTD., AlShifa Medical Products Co., Hindustan Syringes & Medical Devices Ltd
The Auto Disable Syringes Market sheds light on present scenario and upcoming trends and developments that are contributing in the growth of the market.  Auto Disable Syringes Market Report presents the conceptual study and strategic analysis which provides market scope, applications, a topographical presence that drive the Auto Disable Syringes market. The report analyzes, tracks, and presents the worldwide market size of the most dominating players in each region around the world. Auto Disable Syringes Market Global Industry report provides the latest market statistics, industry growth, size, share, trends, as well as driving factors. The Auto Disable Syringes report further covers the extensive analysis of the upcoming progress of the Auto Disable Syringes Market. The detailed overview of the market segments, product description, Auto Disable Syringes applications is presented in this report.
 The auto disable syringes market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to USD 27.43 billion by 2028 and is expected grow at a CAGR of 10.95% in the above mentioned forecast period. Auto disable syringes are the type of single use syringe specially designed to block the barrel from depressing again or break the plunger after a single use. These are the kind of safety syringes intended to avoid reuse of syringes.
 Request Sample of Auto Disable Syringes Market Report @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-auto-disable-syringes-market
 Major Players covered in the Auto Disable Syringes Market-
BD, ISCON SURGICALS LTD., AlShifa Medical Products Co., Hindustan Syringes & Medical Devices Ltd, Retractable Technologies, Inc., Smiths Group plc, Baxter, B. Braun Melsungen AG, Terumo Europe BV, Medtronic, Hamilton Company, PharmaJet, VOGT Medical, SANAVITA PHARMACEUTICALS GMBH, JMI Syringes & Medical Devices Limited, AdvaCare Pharma, ZIBO EASTMED HEALTHCARE PRODUCTS CO., LTD., SWARG PHARMA, Nipro Medical Corporation, and Boston Scientific Corporation
 Healthcare Infrastructure growth Installed base and New Technology Penetration
The auto disable syringes market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for auto disable syringes market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the auto disable syringes market.
 A large-scale Auto Disable Syringes Market report delivers a comprehensive analysis of the market structure along with estimations of the various segments and sub-segments of the market. This study also analyzes the market status, future trends, revenue generation, market share, growth rate, opportunities and challenges, sales volume, market drivers, market restraints, risks, and entry barriers. The company profiles of the dominating market players who are taking steps such as joint ventures, product launches, mergers, and acquisitions are analyzed in the report. With the use of SWOT analysis and Porter’s Five Forces analysis which are two of the standard, prominent and full-proof methods, this Auto Disable Syringes business report is been framed.
 Some of the geographies included in this study:
North America (Canada, The United States, and rest of North America)
Europe (France, Germany, and Rest of Europe)
Asia-Pacific (India, Japan, China, and the rest of Asia-Pacific)
LAMEA (Brazil, Turkey, and the rest of LAMEA)
 This report determines how companies' acquisition expenditures, business strategies, marketing and sales strategies, practices, and business policies are set to change in the forecast period. The industry size in terms of revenue is calculated for the study concurrently with the details of the factors affecting business growth (drivers and restraints). The Auto Disable Syringes Market report facilitates businesses to successfully make decisions about business strategies to achieve maximum return on investment (ROI).
 Scope of Auto Disable Syringes Market
Key Strategic Developments: The study comprises the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Key Market Features: The report evaluated key market features, capacity, capacity utilization rate, including revenue, price, gross, production, production rate, consumption, import, export, supply, demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Analytical Tools: The Global Auto Disable Syringes Market report includes the accurately studied and assessed data of the key industry players and their scope in the market using several analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
 View Detailed Table of Content @ https://www.databridgemarketresearch.com/toc/?dbmr=global-auto-disable-syringes-market
 The Auto Disable Syringes Market Research Report aims to present insights that demonstrate the market scope, potential, structure, development, and historical perspective. The Auto Disable Syringes market research report provides reliable estimation for the forecast period. The Best part of this research report is, it analyses the current status where all are fighting with the COVID-19, and this report also provides the new opportunities and market impact.
 Highlights of the Auto Disable Syringes Market:
·       Extensive analysis of Auto Disable Syringes market on historic, current, and futuristic states.
·       The report provides a regional analysis of the global Auto Disable Syringes market that is predicted to show the fastest growth during the forecast period.
·       The report presents an Important revolution in Auto Disable Syringes market
·       The drivers and restraints associated with the Auto Disable Syringes market are included along with their effects on market growth in upcoming years.
·       It identifies huge-growth segments of the market and their future scope.
·       A complete quantitative study of the market to enable the stakeholders to capitalize on the prevailing market opportunities.
·       Auto Disable Syringes Market analysis and comprehensive segmentation for the component, functionality, delivery model, end-user, and geography to assist in strategic business planning.
·       Global Auto Disable Syringes Market analysis and forecast for five major geographies North America, Europe, Asia Pacific, Middle East & Africa, Latin America, and their key regions.
·       An exhaustive evaluation of industry environment, pricing structure, market dynamics, and driving forces.
·       Auto Disable Syringes Market opportunities, market threats, restraints, and major challenges to act accordingly.
·       In-depth analysis of the industry based on market segments, market dynamics, market size, competition & companies involved in the value chain.
 Key questions answered in this report: –
What will be the market size and what will be the growth rate?
What are the challenges for market expansion?
What are the main aspects that help to drive the Auto Disable Syringes Market?
Who are the key competitors of this Global Auto Disable Syringes Market industry?
What are the Auto Disable Syringes Market opportunities and threats faced by the manufacturers in the Auto Disable Syringes industry?
What are the revenue and sales analysis of the Auto Disable Syringes Market?
 To Gain More Insights about Auto Disable Syringes Market Analysis @ https://www.databridgemarketresearch.com/reports/global-auto-disable-syringes-market
 The research examines the characteristics of the target market, as well as recent developments and patterns, industry opportunities, growth rates, sector expansion strategies, and emerging technologies. The Auto Disable Syringes market research report offered a very useful resource that can help stakeholders, manufacturers, decision-makers, and market participants to become familiar with all the factors impacting the growth of the global market. The report includes SWOT, and market analyses to provide a deep and clear understanding of aspects of the Auto Disable Syringes market.
 Browse More Reports-
Global HbA1c Testing Market
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letsjanukhan · 3 years
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India News | Dombivali Rape Case: Sena Leader Gorhe Meets Victim, Kin, Cops
India News | Dombivali Rape Case: Sena Leader Gorhe Meets Victim, Kin, Cops
Thane, Oct 1 (PTI) Maharashtra Legislative Council deputy chairperson and senior Shiv Sena leader Neelam Gorhe on Friday met a 15-year-old girl who was raped allegedly by 33 youths over several months in Thane district. Also Read | Hindustan Syringes Gets Govt Order for More Syringes for COVID-19 Jabs. After meeting the victim and her kin, Gorhe spoke to local police officials and claimed…
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hummingzone · 3 years
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Karnataka faces syringe shortage as Union government halts supply | Bengaluru News - Times of India
Karnataka faces syringe shortage as Union government halts supply | Bengaluru News – Times of India
BENGALURU: After a shortage of doses, the state is now facing a shortage of 0.5ml syringes that is widely used – and preferred – to administer the anti-Covid-19 shot after supply from the Centre petered out two weeks ago. Late last year, the Centre had placed orders with two firms — Hindustan Syringes & Medical Devices and Iscon Surgicals — for more than 230 million syringes, but that seems to…
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myoliver123stuff · 3 years
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Vaccine Packaging And Delivery Devices Market to Reach US$970 Million by 2030
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The global COVID-19 Vaccine Packaging And Delivery Devices market size is expected to be worth around US$ 4.6 billion by 2030, according to a new report by Trends Market Research.
The global COVID-19 Vaccine Packaging And Delivery Devices market size was valued at US$ 970.0 Mn in 2020 and is anticipated to grow at a CAGR of 5.10% during forecast period 2021 to 2030.
Growth Factors
High demand for immunization for the ongoing pandemic and manufacturer's initiatives to expand their production capacities are the factors expected to boost the demand for packaging materials.
The hurtling vaccine inoculation rate and growing public trust in are anticipated to fuel the growth of the market. According to the global attitude towards the COVID-19 vaccine survey, the share of people going for immunization has increased significantly in 2021. The increasing public willingness to get vaccinated early is expected to drive the manufacturing and distribution process, propelling market growth over the forecast period.
The increasing funding and investments in R&D activities specific to the development of an innovative vaccine, packaging material, and delivery devices are anticipated to fuel the growth of the market during the forecast period. For instance, the federal government of the U.S. invested USD 143 million to develop plastic alternatives to conventional glass vials for the storage of biological liquids.
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Report Highlights
The syringes segment dominated the market for COVID-19 vaccine packaging and delivery devices and held the largest revenue share of 61.10% in 2021. The segment is further divided into empty and prefilled syringes. . The average volume of a single COVID-19 dose is estimated to be 0.5 ml, thereby 1.0 ml sterile empty syringes are preferred. The prefilled syringes segment is anticipated to witness the fastest growth during the forecast period. To vaccinate the 7.0 billion world population in a shorter time is a tedious process with the established logistic network. The presence of distribution constraints associated with current COVID-19 packaging systems is expected to increase the preference for prefilled syringes.
Vials can be classified as plastic and glass vials. As vaccine components interact with the polymers of the plastic vial it is not frequently used for the storage of biological liquids. Whereas Type 1 borosilicate glass vials are used for COVID-19 vaccine storage.
North America dominated the COVID-19 vaccine packaging and delivery devices market and held the largest revenue share of 39.7% in 2021. According to the CDC data, till 5 March 2021, 15.9 % of the total U.S. population has received a single dose of the COVID-19 vaccine, while 8.1% of the population has been fully vaccinated.
In Europe, the market for COVID-19 vaccine packaging and delivery devices held the second-largest revenue share in 2021. The region has robust vaccine production and packaging facilities. The growing concern in EU member states to keep the vaccination rate par with countries such as U.K and U.S. is one of the key factors expected to boost the growth of the market for COVID-19 vaccine packaging and delivery devices. the market for COVID-19 vaccine packaging and delivery devices is expected to experience the fastest growth rate over the forecast period. China, India, and Korea are among the notable markets for COVID-19 vaccine packaging and delivery device manufacturers.
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Key Players
BD
B. Braun Melsungen AG
Hindustan Syringes & Medical Devices Ltd.
Terumo
NIPRO Medical Corporation
SCHOTT AG
Gerresheimer AG
Cardinal Health
Market Segmentation
Product Outlook VialsGlass Plastic SyringesEmpty Prefilled
Regional Outlook North AmericaU.S. Canada EuropeGermany U.K. France Italy Spain Asia PacificChina Japan India Thailand South Korea Australia Latin AmericaBrazil Mexico Argentina Middle East & AfricaSouth Africa Saudi Arabia UAE
The COVID-19 Vaccine Packaging And Delivery Devices market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
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The report provides size (in terms of volume and value) of COVID-19 Vaccine Packaging And Delivery Devices market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global COVID-19 Vaccine Packaging And Delivery Devices market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the COVID-19 Vaccine Packaging And Delivery Devices market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted COVID-19 Vaccine Packaging And Delivery Devices market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
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ka43270 · 3 years
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Auto Disable Syringes Market Key Drivers, Constraints and Challenges – Future Market Insights
Market Analysis and Insights: Auto Disable Syringes Market
Auto Disable Syringes Market By Product Type (Conventional Syringes, Safety Syringes), Clinical Indication (Vaccines, Infectious diseases, Inflammatory/Auto-Immune Diseases, Others), Application (Blood Collection, Vaccination, Drug Delivery), End-User (Hospitals, Clinics, Research Laboratories, Ambulatory Centers), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends & Forecast to 2026.
Global Auto Disable Syringes Market is expected to an estimated value of USD 22.29 billion by 2026 registering a healthy CAGR of 10.45% in the forecast period of 2019-2026. This rise in the market can be attributed due to rising number of needle stick injuries and increasing R&D activities related to auto disable syringes.
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Market Definition: Global Auto Disable Syringes Market
Auto disable syringes are single used holistic approach which is to treat atopic dermatitis. They enable needle stick prevention and involve rehydrating of skin by using emollients and topical steroids. They also reduce inflammation and itching of skin. In addition they involve a mechanism to break or lock the plunger when the injection is given to make the syringe inoperable for being used for second time.
Competitive Analysis: Global Auto Disable Syringes Market
Global auto disable syringes market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of auto disable syringes market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Market Drivers
Increasing     needle stick injuries are contributing towards the market growth.
Rising     R&D activities in the recent years are the factor driving the market.
High     level of security and safety for patients is contributing towards market     expansion
Stringent     growth regularities by government are also expected to drive the market.
Market Restraints
Decreased     value and knowledge in emerging economies is hampering the market growth.
High     cost of procurement and raw material are the factors restraining to the     industry development.
Segmentation: Global Auto Disable Syringes Market
By Product Type
 Needles
 Needless
  Slip
  Lock
  Needle       covers
 By Clinical Indication
Vaccines
Infectious     diseases
Inflammatory/Auto-Immune     Diseases
Others
By Application
Blood     Collection
Vaccination
Drug     Delivery
End-User
Hospitals
Clinics
Research     Laboratories
Ambulatory     Centers
By Geography
 US
 Canada
 Mexico
 Brazil
 Argentina
 Rest      of South America
 Germany
 France
 United      Kingdom
 Italy
 Spain
 Russia
 Turkey
 Belgium
 Netherlands
 Switzerland
 Rest      of Europe
 Japan
 China
 South      Korea
 India
 Australia
 Singapore
 Malaysia
 Indonesia
 Thailand
 Philippines
 Rest      of Asia-Pacific
 South      Africa
 Egypt
 Saudi      Arabia
 United      Arab Emirates
 Israel
 Rest      of Middle East and Africa
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Key Development in the Market:
In     August 2018, Andhra Pradesh announced the launch of their first     auto-disable syringes for clinical purposes. This syringes have the     ability to reduce infections, provides quality and assurance, so that they     can eliminate poor hygiene in hospitals. India consumes over 4 Billion     syringes per year out of which 60% are unsafe and one third is reused,     therefore this innovation will be able to being changes and maintain     health and hygiene.
Key Market Competitors: Global Auto Disable Syringes Market
Few of the major market competitors currently working in the global auto disable syringes market are ISCON SURGICALS LTT, SRS Meditech Limited, AlShifa Medical Syringe Manufacturing Company., Hindustan Syringes & Medical Devices Ltd, Retractable Technologies, Inc., Smiths Group plc, Baxter, B. Braun Melsungen AG, Terumo Medical Corporation, Medtronic, BD and others
Research Methodology: Global Auto Disable Syringes Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Primary Respondents
Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
Reasons to Purchase this Report
Current     and future of global auto disable syringes market outlook in the developed     and emerging markets
The     segment that is expected to dominate the market as well as the segment     which holds highest CAGR in the forecast period
Regions/Countries     that are expected to witness the fastest growth rates during the forecast     period
The     latest developments, market shares, and strategies that are employed by     the major market players
Customization of the Report:
All     segmentation provided above in this report is represented at country level
All     products covered in the market, product volume and average selling prices     will be included as customizable options which may incur no or minimal     additional cost (depends on customization)
Read other Trending Report of Data Bridge Market Research
Pressure     Monitoring Devices Market
Immunoprecipitation     Market
Glucometer     Market
Atopic     Dermatitis Treatment Market
Patient     Monitoring Device/System/Equipment Market
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healtcare · 3 years
Text
Global Hypodermic Needles Market
Global Hypodermic Needles Market
is expected to reach US$ XX Mn by 2026 from US$ XX Mn in 2019, at a CAGR of 6.5% during forecast period.
Global Hypodermic Needles Market Overview:
A hypodermic needle is a hollow needle that is widely used with a syringe to administer or remove fluids from the body. It is used to administer liquids quickly or when the injected drug cannot be consumed, either because it will not be absorbed (as with insulin) or because it will damage the liver.
Global Hypodermic Needles Market Dynamics:
Increasing demand for injectable drugs is the major factor driving the market growth. One of the main growth-driving factors for global hypodermic needles is the growing geriatric population and demand for vaccines. The rising prevalence of various chronic diseases, as well as the growing number of hospitals and clinics in developing countries, are expected to boost the market's growth over the forecast period. Increasing cases of chronic diseases such as cancer, cardiovascular disorders and others worldwide prove to be the primary growth driving factor. Prevalence of chronic diseases can be due to sedentary lifestyles, obesity, poor eating patterns, and high tobacco and alcohol intake. According to the American Heart Association's 2019 study, cardiovascular disease (CVD) is the leading global cause of death, with more than 17.6 million deaths a year in 2016, and more than 23.6 million by 2030. Diabetes is predicted to become more prevalent in the future. Injection and infusion procedures are being used more often as a result of successful government programmes. The number of people living with diabetes is projected to rise from 463 million in 2019 to nearly 578.4 million in 2030, according to the International Diabetes Federation's 2019 report. Rising demand to avoid needle-prick accidents boosts the market growth for hypodermic needles. The demand for hypodermic needles is expected to grow due to a significant increase in injection-based therapies and therapeutic systems. Manufacturers of hypodermic needles are incorporating a variety of user-friendly features into their goods, such as the absence of recapping to minimise infection exposure, shorter needles, and fine gauge needles for less discomfort. Hypodermic needles are expected to become more common as a result of these user-friendly features. Alternative ways of drug delivery and high costs associated with the protection of hypodermic needles, on the other hand, limit the market growth. This market's growth is expected to get hampered by the high risk of infection associated with drug delivery through hypodermic needles. Lack of awareness about these needles in various developing regions of the world is also expected to hinder the market growth. The report has profiled twenty-two key players in the market from different regions. However, the report has considered all market leaders, followers and new entrants with investors while analyzing the market and estimation the size of the same. Increasing R&D activities in each region are different and focus is given on the regional impact on the cost, availability of advanced technology are analyzed and report has come up with recommendations for a future hot spot in APAC region.
Global Hypodermic Needles Market Segment Analysis:
The Global Hypodermic Needles Market is segmented on the basis of Product, Application and End-Users. Based on Product, the safety hypodermic needles segment held a significant share in 2020. This segment is expected to grow at a faster rate during the forecast period. Safety needles are becoming more common due to their built-in safety mechanisms, and technical advances and innovation in the production of multi-safety needles are some of the factors driving this segment's growth. Another factor contributing to the growth is the reduced risk of needle stick injuries, which can result in the transmission of blood-borne pathogens including HIV and the hepatitis B and C viruses. Safety needles minimise the risk of infection, cost-effective, and are more convenient for practical use. Based on Application, the Drug delivery segment is the dominant segment. It is expected to continue the dominance throughout the forecast period. Hypodermic Needles are often used in drug delivery to infuse the intended drug (therapeutic) into the patient's body since they help the body absorb the drug more quickly. The hypodermic needle is inserted into the dermis, which contains pain receptors. The stratum corneum barrier is bypassed, and the drug is delivered directly into the epidermis or upper dermis layer, delivering 100% of the loaded drug without discomfort.
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Global Hypodermic Needles Market Regional Insights:
North America is expected to lead the global market during the forecast period. In the forecast years, the market in this area is expected to grow at a rapid pace. The demand for hypodermic needles in the area is being driven by the rising prevalence of chronic and lifestyle-related diseases, as well as a growing focus on the use of safe injection technologies. The government’s introduction of favourable regulations is also benefiting the regional hypodermic needle market. Every year, approximately 647,000 Americans die from heart disease, accounting for nearly one-fourth of all deaths in the nation. Needles and syringes are needed for CVD treatment and therapy. As a consequence, the disease's high prevalence is expected to aid business development. The report also helps in understanding Global Hypodermic Needles Market dynamics, structure by analyzing the market segments and project the Global Hypodermic Needles Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Hypodermic Needles Market make the report investor’s guide.
Global Hypodermic Needles Market Key Developments:
Boston, Massachusetts, USA, declared in April 2019 that they had coordinated a "Needle Take Back Day" in collaboration with a variety of health centres across the region. From 10 a.m. to 5 p.m., the citywide campaign will collect discarded needles, assisting with the problem of proper needle disposal. The city has stated that they would hold a public awareness campaign about the use of needles and how they should be treated.
Global Hypodermic Needles Market Scope: Inquire before buying
Global Hypodermic Needles Market, by Region
• North America • Europe • South America • MEA • APAC
Global Hypodermic Needles Market Key Players
• Becton, Dickinson And Company • B. Braun Melsungen AG • Catalent, Inc. • Connecticut Hypodermics, Inc. • EXELINT International Co. • MedPro Safety Products, Inc. • Medtronic plc • Retractable Technologies, Inc. • Smiths Group plc • Terumo Medical Corporation • Covidien, Ltd. • Albert David, Ltd. • C.R. Bard • Hamilton Syringes & Needles • Hi-Tech Syringes • Hindustan Syringes & Medical Devices, Ltd. • Needletech Products, Inc. • MW Industries, Inc. • Revolutions Medical, Corp. • Simply Surgicals, LLC • Safety Medical Supply International • Vita Needle Company
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sophiajns · 3 years
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India Disposable Syringes Market
Market Reports on India Provides the Trending Market Research Report “India Disposable Syringes Market, By Type (Conventional Syringes (Normal Slip Tip Syringe, Luer Lock Syringe, Catheter Tip Syringe, Eccentric Tip Syringe), Pre-filled Syringes (Needle-free pre-filled syringe and Needled pre-filled syringe), Safety Syringes ( Retractable safety syringe and Non-Retractable safety syringe)), By Application (General Surgery, Diagnostic, Therapeutic, Respiratory, Orthopedics, Cardiovascular, Dental, Others), By End User (Hospitals, Diagnostic Laboratories, Blood Banks, Pharmaceutical Industry, Vaccination, Veterinary Purposes, Others), By Material (Glass, Polymer), By Region, Forecast & Opportunities, FY2026” under Healthcare Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports. India Disposable Syringes market was valued at USD888.40 million in FY2020 and is forecast to grow at a CAGR of 13.28% in value terms to reach USD1,828.20 million by FY2026. India Disposable Syringes market is expected to witness rapid growth during the forecast period owing to the growing prevalence of various chronic diseases that require treatment using disposable syringes and increasing demand for vaccines around the world. Increasing cases of infectious diseases, including COVID-19, are also creating a high demand for disposable syringes. In addition to this, various government organizations are providing funding to companies for manufacturing disposable syringes that can be used for the treatment of coronavirus patients. This is anticipated to drive the market growth significantly in the coming years. Moreover, increasing cases of needlestick injuries and growing demand for injectable drugs due to the lack of bioavailability in conventional drug delivery methods are some other key factors fueling the growth of India Disposable Syringes market. Request a free sample copy of India Disposable Syringes Market Report http://www.marketreportsonindia.com/marketreports/sample/reports/2414864
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India Disposable Syringes market can be segmented based on type, application, end user, material, and region. Based on application, the market can be segmented into general surgery, therapeutic, diagnostic, respiratory, orthopedics, cardiovascular, dental and others. Among them, the therapeutic segment is expected to undergo the fastest growth owing to the introduction of new injectable drugs and spikes in the prevalence of various chronic disorders that require the administering of therapeutic agents with the help of disposable syringes.
Regionally, North India is expected to dominate the India Disposable Syringes market during the forecast period owing to the easy availability of disposable syringes and high expenditure on healthcare in the region.
Major companies operating in India Disposable Syringes market include Becton Dickinson Private Limited, B.Braun Medical India Pvt. Ltd., Terumo India Private Limited, Teleflex Medical Private Limited, Nipro India Corporation Pvt. Ltd., Albert David Ltd, Cardinal Health India Pvt. Ltd., Hindustan Syringes & Medical Devices Ltd., Baxter Pharmaceuticals India Private Limited (BPIPL), and Novo Nordisk India Pvt Ltd. among others. Key market players are undergoing collaborations, new product launches, partnerships, and acquisitions as their growth strategies.
Years considered for this report:
Historical Years: FY2016-FY2019
Base Year: FY2020
Estimated Year: FY2021
Forecast Period: FY2022–FY2026
Objective of the Study:
•To analyze the historical growth in the market size of the India Disposable Syringes market from FY2016 to FY2020.
•To estimate and forecast the market size of the India Disposable Syringes market from FY2021 to FY2026 and growth rate until FY2026.
•To classify and forecast India Disposable Syringes market based on by type, by company, by application, by material, by end users and region.
•To identify dominant region or segment in the India Disposable Syringes market.
•To identify drivers and challenges for India Disposable Syringes market.
•To examine competitive developments such as expansions, new product launches, mergers and acquisitions, etc., in India Disposable Syringes market.
•To identify and analyze the profile of leading players operating in the India Disposable Syringes market.
•To identify key sustainable strategies adopted by market players in the India Disposable Syringes market.
Our Research performed both primary as well as exhaustive secondary research for this study. Initially, Our Research sourced a list of manufacturers across the country. Subsequently, Our Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Our Research could include the manufacturers which could not be identified due to the limitations of secondary research. Our Research analyzed the manufacturers, distribution channels and presence of all major players across the country.
Our Research calculated the market size of India Disposable Syringes Market market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. Our Research sourced these values from the industry experts and company representatives and externally validated them by analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by Our Research.
Key Target Audience:
•Manufacturers, Distributors, and End users
•Market research and consulting firms
•Government bodies such as regulating authorities and policy makers
•Organizations, forums, and alliances related to Disposable Syringes
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, India Disposable Syringes market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
•India Disposable Syringes Market, By Type:
oConventional Syringes
oPre-filled Syringes
oSafety Syringes
•India Disposable Syringes Market, By Region:
oNorth
oEast
oWest
oSouth
•India Conventional Syringes Market Outlook:
oBy Type (Luer Lock Syringes, Normal Slip Tip Syringes, Catheter Tip Syringes, Eccentric Tip Syringes)
oBy Material
oBy Application
oBy End User
•India Pre-filled Syringes Market Outlook:
oBy Type (Needle-free pre-filled Syringes, Needled pre-filled Syringes)
oBy Material
oBy Application
oBy End User
•India Safety Syringes Market Outlook:
oBy Type (Retractable Safety Syringes, Non-Retractable Safety Syringes)
oBy Material
oBy Application
oBy End User
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in India Disposable Syringes Market.
Available Customizations:
With the given market data, Our Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
•Detailed analysis and profiling of additional market players (up to five). Browse our full report with Table of Content :
http://www.marketreportsonindia.com/marketreports/india-disposable-syringes-market-by-type-conventional-syringes-normal-slip-tip-syringe-luer-lock-syringe-catheter-t/2414864
About Market Reports on India:
Market Reports on India is an excellent source to obtain top quality market research reports that helps you to understand the business in the Indian market. We cover various industries, identifying and understanding key macro and micro-economic trends, insights and futuristic growth opportunities. To help achieve all this and more, Market Reports on India is the answer to all your business needs.
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orbemnews · 3 years
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The World Needs Syringes. He Jumped In to Make 5,900 Per Minute. BALLABGARH, India — In late November, an urgent email popped up in the inbox of Hindustan Syringes & Medical Devices, one of the world’s largest syringe makers. It was from UNICEF, the United Nations agency for children, and it was desperately seeking syringes. Not just any would do. These syringes must be smaller than usual. They had to break if used a second time, to prevent spreading disease through accidental recycling. Most important, UNICEF needed them in vast quantities. Now. “I thought, ‘No issues,’” said Rajiv Nath, the company’s managing director, who has sunk millions of dollars into preparing his syringe factories for the vaccination onslaught. “We could deliver it possibly faster than anybody else.” As countries jostle to secure enough vaccine doses to put an end to the Covid-19 outbreak, a second scramble is unfolding for syringes. Vaccines aren’t all that useful if health care professionals lack a way to inject them into people. “A lot of countries were caught flat-footed,” said Ingrid Katz, the associate director of the Harvard Global Health Institute. “It seems like a fundamental irony that countries around the world have not been fully prepared to get these types of syringes.” The world needs between eight billion and 10 billion syringes for Covid-19 vaccinations alone, experts say. In previous years, only 5 percent to 10 percent of the estimated 16 billion syringes used worldwide were meant for vaccination and immunization, said Prashant Yadav, a senior fellow at the Center for Global Development, a think tank in Washington, and an expert on health care supply chains. Wealthier nations like the United States, Britain, France and Germany pumped billions of dollars of taxpayer money into developing the vaccines, but little public investment has gone to expand manufacturing for syringes, Mr. Yadav said. “I worry not just about the overall syringe manufacturing capacity but capacity for the specific types of syringes,” he said, “and whether syringes would already be in locations where they are needed.” Not all of the world’s syringes are suited to the task. To maximize the output from a vial of the Pfizer vaccine, for example, a syringe must carry an exact dose of 0.3 milliliters. The syringes also must have low dead space — the infinitesimal distance between the plunger and the needle after the dose is fully injected — to minimize waste. The industry has ramped up to meet demand. Becton Dickinson, which is based in New Jersey and a major syringe manufacturer, said it will spend $1.2 billion over four years to expand capacity in part to deal with pandemics. Updated  March 5, 2021, 5:03 a.m. ET The United States is the world’s largest syringe supplier by sales, according to Fitch Solutions, a research firm. The United States and China are neck and neck in exports, with combined annual shipments worth $1.7 billion. While India is a small player globally, with only $32 million in exports in 2019, Mr. Nath of Hindustan Syringes sees a big opportunity. Each of his syringes sells for only three cents, but his total investment is considerable. He invested nearly $15 million to mass-produce specialty syringes, equal to roughly one-sixth of his annual sales, before purchase orders were even in sight. In May, he ordered new molds from suppliers in Italy, Germany and Japan to make a variety of barrels and plungers for his syringes. Mr. Nath added 500 workers to his production lines, which crank out more than 5,900 syringes per minute at factories spread over 11 acres in a dusty industrial district outside New Delhi. With Sundays and public holidays off, the company churns out nearly 2.5 billion a year, though it plans to scale up to three billion by July. Hindustan Syringes has a long history of supplying UNICEF immunization programs in some of the poorest countries, where syringe reuse is common and one of the main sources of deadly infections, including HIV and hepatitis. What You Need to Know About the Vaccine Rollout In late December, when the World Health Organization cleared Pfizer’s vaccine for emergency use, Robert Matthews, a UNICEF contract manager in Copenhagen, and his team needed to find a manufacturer that could produce millions of syringes. “We went, ‘Oh, dear!’” said Mr. Matthews, as they looked for a syringe that would meet W.H.O. specifications and was compact for shipping. Hindustan Syringes’ product, he said, was the first. The company is set to begin shipping 3.2 million of those syringes soon, UNICEF said, provided they clear another quality check. Mr. Nath has sold 50 million syringes to the Japanese government, he said, and over 400 million to India for its Covid-19 inoculation drive, one of the largest in the world. More are in line, including UNICEF, for which he has offered to produce about 240 million more, and Brazil, he said. Inside the company’s Plant No. 6, machines coated in yellow paint hum as they squirt out plastic barrels and plungers. Other machines, from Bergamo, Italy, assemble each component, including needles, monitored by sensors and cameras. Workers in blue protective suits inspect trays full of syringes before unloading them into crates that they hand carry to a packaging area next door. To increase efficiency, Mr. Nath relies on a syringe design by Marc Koska, a British inventor of safety injections, and its ability to produce all of the components in-house. Hindustan Syringes makes its needles from stainless steel strips imported from Japan. The strips are curled into cylinders and welded at the seam, then stretched and cut into fine capillary tubes, which machines glue to plastic hubs. To make the jabs less painful, they are dipped in a silicone solution. The syringe business is a “bloodsucker,” Mr. Nath said, where upfront costs are astronomical and profits marginal. If demand for his syringes drop by even half in the next few years, he will lose almost all of the $15 million he invested. It’s clearly a frugal operation. The blue carpet in Mr. Nath’s office looks just as old as his desk or the glass chandelier by the stairs, fixtures his father put in place in 1984, before he handed over the company to Mr. Nath and his family. A family business is exactly how he likes it. No shareholders, no interference, no worries. In 1995, when Mr. Nath needed money to increase production and buy lots of new machines, he sought private capital for the first time. Had that been the case today, he said, he wouldn’t be able to follow his gut and produce his syringes at this enormous scale. “You have a good night’s sleep,” Mr. Nath said. “It’s better to be a big fish in a small pond.” Source link Orbem News #jumped #minute #Syringes #World
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wazafam · 3 years
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By BY KARAN DEEP SINGH from Technology in the New York Times-https://www.nytimes.com/2021/03/05/technology/covid-vaccine-syringes-factory.html?partner=IFTTT Rajiv Nath’s family-run Hindustan Syringes bets it can help meet the pandemic need for billions of barrels and needles. The World Needs Syringes. He Jumped In to Make 5,900 Per Minute. New York Times
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mrunalnerkarblog · 3 years
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Pen Needles Market 2020 Industry Challenges, Business Overview, Demands
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Pen needles are used to inject medication (most commonly to inject insulin in diabetic patients). Pen needles offer various advantages over conventional needle and syringe device such as they aid in self-administration of the medication and do not require expertise. Pen needles are screwed to injection pens through plastic hub and has the required quantity of medication in it. This gets injected through the pen. There are different sizes of pen needle available depending upon the length and gauge. Different length available are 4mm, 5mm, 6mm, 8mm, 10 mm, and 12mm. Gauge size decides the thickness of pen needle, higher the gauge number, lesser is the thickness. Various gauges with pen needles are 29G, 30G, 31G and 32G. Most advanced pen needles are ultra-fine needles, which are painless and reaches optimally in subcutaneous layer beneath skin, whereas larger size needles such as 8mm and 12 mm may have risk to reach intramuscular layer beneath skin if not inserted properly.
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Pen Needles Market- Market Dynamics
Rising prevalence of diabetes is one of the major drivers for growth of the pen needles market. According to the International Diabetes Federation’s (IDF) Diabetes Atlas 2017, around 425 million patients were suffering from diabetes worldwide by end of 2017. By 2045, this figure is expected to reach around 629 million. Moreover, over 40% people are still undiagnosed with diabetes especially in regions such as Asia Pacific and Middle East and some part of North Africa. Some of these patients require insulin therapy, which in turn would propel growth of the market for pen needles. Diabetes is one of the top three cause of death from non-communicable disease as per World Health Organization (WHO) 2012 factsheet. The average patient with type-2 diabetes injects around 60,000 units over a period of 10-12 years of insulin treatment. Increasing geriatric population is expected to be another driver for pen needles market growth as older people need insulin therapy more often due to suppressed pancreatic activity with aging. As per current IDF estimation, there were 98 million diabetic people in 2017 over the age of 65 years, which is expected to rise to 191 million by 2045.
Novel therapies to treat diabetes such as GLP analogs are increasingly been launched by pharmaceutical companies. These GLP-1 analogs are administered in a manner similar to insulin therefore utilizes pen needles. For instance, Novo Nordisk, in October 2017, received FDA approval for once-a-week GLP-1 analog named semaglutide.GLP-1 analogs are also increasingly preferred in obese patients, for instance GLP-1 analog liraglutide is already approved in the market for treatment of obese/obesity. This would indirectly aid pen needles market. Key players in the pen needles market are launching new and innovative products, in order to cater to increasing customer demand. Becton, Dickinson and Company introduced the BD Ultra-Fine micro pen needle, in 2017, for use with different pen injection devices. People with diabetes are less likely to accidentally inject their insulin dose into a muscle with this product and it provides one of shortest length pen needle available. Other factors such as increasing awareness amongst patient about pen needles related to its convenience, over the conventional needle and syringe system is expected to aid in growth of the pen needles market.
Pen needles Market- Regional Insights
Pen needles market are divided geographically into North America, Latin America, Europe, Asia Pacific, Middle East and Africa. North America was the dominant region in the global pen needles market in 2017. This is attributed to high prevalence of diabetes in the region. For instance, according to the International Diabetes Federation (IDF), the U.S. has highest prevalence of diabetes (13% of population) in 2017. Moreover, according to IDF report 2017, U.S. spends around US$ 377 billion annually over entire diabetes disease range, which accounts for about 52% of the total expenditure on diabetes worldwide. Furthermore, there are 30.3 million people in the U.S. with diabetes (9.4% of the US population) that includes 23.1 million people, who are diagnosed and 7.2 million people, who are undiagnosed. Favorable reimbursement scenario would also aid in growth of the pen needles market in the region. Asia Pacific market is expected to exhibit the highest CAGR during the forecast period. This is owing to largest diabetes patient pool in the region. Countries such as China (114.4 million) and India (72.9 million) are among the top three economies with high prevalence of diabetes, around 240 million diabetes patients were present in the region, in 2017 according to IDF data. Europe is another lucrative market, as it has the one of largest type 1 diabetes population along with highest percentage of geriatric population. According to statistics given by Diabetes UK forum in 2018, currently 10% of UK population is affected with type 1 diabetes. United Nations Population Prospects report 2017 states that, 25% of Europe population is above 60.
Competitive Landscape
Some of the key players operating in pen needles market are Novo Nordisk A/S, Becton, Dickinson and Company, Ypsomed AG, UltiMed, Inc., TERUMO CORPORATION, HTL-STREFA, Owen Mumford Ltd., B. Braun Melsungen AG, Allison Medical, Inc., Hindustan Syringes and Medical Devices Ltd., and Artsana S.p.a.
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Market Taxonomy
On the basis of type of needle, the global pen needles market is segmented into:
Standard Pen Needles
Safety Pen Needles
On the basis of needle length, the global pen needles market is segmented into:
4mm
5mm
6mm
8mm
10mm
12mm
On the basis of distribution channel, the global pen needles market is segmented into:
Retail Pharmacy
Hospital Pharmacy
Online Pharmacies
On the basis of geography, the global pen needles market is segmented into:
North America
Latin America
Europe
Asia Pacific
Middle East
Africa
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