Disposable plastic syringes with needles are a type of medical device used to inject fluids into or draw fluids from the body. These syringes come pre-filled with medication and are often used for injections, IVs, and other treatments. This type of syringe is becoming increasingly popular due to its ease of use and affordability. Disposable plastic syringes with needles are generally made of plastic, rubber, and metal components, and are designed to be used once and then disposed of.
The increasing popularity of disposable plastic syringes with needles has led to a growing demand for these products. As a result, many businesses have emerged to supply this demand. These businesses typically offer a wide range of products, including prefilled syringes, reusable syringes, and single-use disposable syringes. By catering to this growing market, these businesses can generate significant profits and remain competitive in the industry.
Benefit and Uses of Disposable Plastic Syringes with Needles
The benefits of disposable plastic syringes with needles are numerous. Firstly, they provide a sterile environment for administering treatments, as they are sealed and sanitized before use. This reduces the risk of cross-contamination and infections. Secondly, disposable syringes also reduce the risk of reuse-related complications, such as accidental needle-sticks and punctures. Lastly, they are convenient, cost-effective, and easy to use.
Uses for disposable plastic syringes with needles include the administration of vaccines, injections of medications or fluids, and blood draws. They can also be used in other procedures such as biopsies, where a small sample of tissue is taken for testing. Additionally, they can be used to draw up medications or inject them into a patient’s vein.
Due to their multiple benefits and uses, disposable plastic syringes with needles are becoming increasingly popular. This has led to an increase in demand for these products, resulting in a booming business for manufacturers and suppliers. As such, it is no wonder why these products have become so popular in recent years.
Indian Market Outlook
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 USD 1,828.20 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.
Disposable syringes are medical devices employed for one-time administration of therapeutic agents into the body of a patient. Furthermore, these devices are also used in the extraction of blood samples from patients, which are then analyzed to diagnose a medical condition. High growth potential for use of disposable syringes in India and technological advancements of product is expected to offer lucrative opportunities during the forecast period.
Global Market Outlook
The global disposable syringes market size was valued at USD 13.45 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 6.12% from 2022 to 2030. The growth is attributed to the growing prevalence of chronic disorders, increasing adoption of safety syringes, and a growing number of surgeries globally. For instance, according to Mölnlycke Health Care AB in 2021, 70 million surgical procedures are performed every year in Europe.
Medical professionals around the world are turning to disposable plastic syringes with needles as an essential tool in providing accurate and sterile treatments. By using these products, they can ensure that medical treatments are being administered correctly and safely, reducing the risk of infection or other medical issues. Disposable plastic syringes are also more convenient than traditional metal syringes as they are single-use and can be easily disposed of after each use.
Another factor driving the growing demand for disposable plastic syringes with needles is their cost-effectiveness. Compared to traditional metal syringes, disposable plastic syringes are much cheaper and offer a better value for money for medical professionals. Additionally, the ability to dispose of them properly makes them an economical choice for clinics and hospitals.
Conclusion
The business of disposable plastic syringes with needles is booming due to their increased safety, affordability, and ease of use. This booming business has led to an increased demand for these products and has created opportunities for businesses that specialize in supplying them.
Major players
· MEDTRONIC (Covidien)
· Nipro Corporation
· Fresenius Kabi AG
· Baxter International, Inc.
· B. Braun Melsungen AG
· BD
· Terumo Corporation
· Novo Nordisk
· UltiMed, Inc.
· Henke-Sass, Wolf
· Retractable Technologies
· Flextronics International Vita Needle Company
Cost Estimation
Capacity:
Disposable Plastic Syringes
with Needle 1 ml Size) 80,000 Nos per day
Disposable Plastic Syringes
with Needle 2 ml Size) 80,000 Nos per day
Disposable Plastic Syringes
with Needle 3 ml Size) 80,000 Nos per day
Disposable Plastic Syringes
with Needle 5 ml Size) 80,000 Nos per day
Disposable Plastic Syringes
with Needle 10 ml Size) 80,000 Nos per day
