DUBLIN, Dec 1, 2016 /PRNewswire/ -- Research and Markets has announced the addition of the "Syringes Market by Usability, Material, Type - Global Forecast to 2021" report to their offering.
The syringes market is expected to reach USD 15.99 billion by 2021, at a CAGR of 8.7% from 2016 to 2021. The syringes market is primarily driven by the high prevalence of chronic diseases across the globe. In addition, rising geriatric population, increasing adoption of safety syringes, technological advancements, and increasing demand for vaccines are supporting the growth of this market. On the other hand, high cost of safety syringes and increasing incidence of needle stick injuries are the major challenges in this market. Geographically, North America (comprising the U.S. and Canada) is expected to command the largest share of the syringes market in 2016, followed by Europe. The increasing prevalence of chronic and lifestyle diseases, growing product approvals, increasing awareness about specialized syringes, upsurge in biologics approvals, and increasing development of injectables are the major factors driving market growth in North America. However, the increasing cases of needlephobia and low adoption of biosimilars as compared to other regions are hindering market growth in North America. Companies Mentioned:
B. Braun Melsungen AG
Becton, Dickinson and Company
Codan Medizinische Geräte GmbH & Co Kg
Hindustan Syringes & Medical Devices Limited
Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Syringes Market, By Usability 7 Syringes Market, By Material 8 Syringes Market, By Type 9 Syringes Market, By Region 10 Competitive Landscape 11 Company Profiles 12 Appendix