03.10.2018 Views

Asia-Pacific Syringes Market in North America 2018

Asia-Pacific Syringes Market major companies are Becton, Dickinson and Company, Terumo Corporation, Medtronic plc, Smiths Medical, B. Braun Medical Inc., NIPRO Corporation, Hindustan Syringes & Medical Devices Limited, Gerresheimer AG, SCHOTT AG, and CODAN Medizinische Geräte GmbH & Co KG.

Asia-Pacific Syringes Market major companies are Becton, Dickinson and Company, Terumo Corporation, Medtronic plc, Smiths Medical, B. Braun Medical Inc., NIPRO Corporation, Hindustan Syringes & Medical Devices Limited, Gerresheimer AG, SCHOTT AG, and CODAN Medizinische Geräte GmbH & Co KG.

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<strong>Asia</strong>-<strong>Pacific</strong> <strong>Syr<strong>in</strong>ges</strong> <strong>Market</strong> is predicted to be valued at USD 3.95 Billion by 2023.<br />

Overview:<br />

In the year <strong>2018</strong>, <strong>Asia</strong>-<strong>Pacific</strong> <strong>Syr<strong>in</strong>ges</strong> <strong>Market</strong> was valued at USD 2.4 Billion. By the year 2023, it<br />

is expected to reach USD 3.95 Billion at pace of 10.5% CAGR.<br />

A syr<strong>in</strong>ge is a medical device used to <strong>in</strong>ject different types of drugs <strong>in</strong>to the body or to take<br />

blood samples from the body. A typical medical syr<strong>in</strong>ge has a needle attached to a hollow<br />

cyl<strong>in</strong>der, which is equipped with a slid<strong>in</strong>g piston. <strong>Syr<strong>in</strong>ges</strong> are widely used <strong>in</strong> health services<br />

such as hospitals, cl<strong>in</strong>ics, diagnostic centers and other medical sectors.<br />

Underly<strong>in</strong>g Causes<br />

The growth for <strong>Asia</strong>-<strong>Pacific</strong> <strong>Syr<strong>in</strong>ges</strong> <strong>Market</strong> is driven due to factors like <strong>in</strong>creas<strong>in</strong>g prevalence of<br />

Chronic diseases like cardiovascular, obesity, and diabetes diseases, grow<strong>in</strong>g geriatric<br />

population, ris<strong>in</strong>g demand for vacc<strong>in</strong>ation, grow<strong>in</strong>g adoption of <strong>in</strong>jectable drugs <strong>in</strong> healthcare<br />

facilities, and ris<strong>in</strong>g healthcare expenditure. In addition, advancement of technologies <strong>in</strong><br />

medical <strong>in</strong>dustry, and <strong>in</strong>creas<strong>in</strong>g <strong>in</strong>vestment by private organizations are expected to drive the<br />

market growth. However, high risk related to drug delivery through syr<strong>in</strong>ges, and high costs of<br />

specialized syr<strong>in</strong>ges are the restra<strong>in</strong><strong>in</strong>g factors which are expected h<strong>in</strong>der the rate for <strong>Asia</strong>-<br />

<strong>Pacific</strong> <strong>Syr<strong>in</strong>ges</strong> <strong>Market</strong> dur<strong>in</strong>g the forecast period.<br />

View sample and decide: https://www.marketdataforecast.com/market-reports/apacsyr<strong>in</strong>ges-market-1937/request-sample/<br />

<strong>Market</strong> Geographic Segmentation:<br />

Based on geography the <strong>Asia</strong>-<strong>Pacific</strong> <strong>Syr<strong>in</strong>ges</strong> <strong>Market</strong> has been primarily divided <strong>in</strong>to Ch<strong>in</strong>a,<br />

India, South Korea, Japan and Australia. India and Ch<strong>in</strong>a are rapidly grow<strong>in</strong>g <strong>in</strong> the <strong>Syr<strong>in</strong>ges</strong><br />

<strong>Market</strong> due to <strong>in</strong>creas<strong>in</strong>g use of <strong>in</strong>jectable <strong>in</strong> drug delivery, ris<strong>in</strong>g geriatric population,<br />

advancement of technologies <strong>in</strong> medical <strong>in</strong>dustry and improv<strong>in</strong>g healthcare facilities which is<br />

expected to witness high growth rate for <strong>Asia</strong>-<strong>Pacific</strong> <strong>Syr<strong>in</strong>ges</strong> <strong>Market</strong> dur<strong>in</strong>g the forecast<br />

period.


Get your customized report: https://www.marketdataforecast.com/market-reports/apacsyr<strong>in</strong>ges-market-1937/customize-report<br />

Key Players:<br />

Lead<strong>in</strong>g companies for <strong>Asia</strong>-<strong>Pacific</strong> <strong>Syr<strong>in</strong>ges</strong> <strong>Market</strong> are Becton, Dick<strong>in</strong>son and Company,<br />

Terumo Corporation, Medtronic plc, Smiths Medical, B. Braun Medical Inc., NIPRO Corporation,<br />

H<strong>in</strong>dustan <strong>Syr<strong>in</strong>ges</strong> & Medical Devices Limited, Gerresheimer AG, SCHOTT AG, and CODAN<br />

Mediz<strong>in</strong>ische Geräte GmbH & Co KG.<br />

About <strong>Market</strong>DataForecast<br />

<strong>Market</strong> Data Forecast is a market research firm offer<strong>in</strong>g syndicated research, consults and<br />

<strong>in</strong>dustry newsletters across various doma<strong>in</strong>s & verticals. With a well-established <strong>in</strong>-house team<br />

of experts from diverse fields and outsource research network across 100+ countries, we are<br />

the sole research providers for the majority of Fortune 500 companies. Along with the<br />

standards of reports be<strong>in</strong>g on par excellence, our unique services like free customization,<br />

analyst support for the period of six months post to the purchase will be the flag bearers and<br />

differentiates us from the rest. Our experience and <strong>in</strong>-depth understand<strong>in</strong>g of various bus<strong>in</strong>ess<br />

environments will be a support to you and your organization <strong>in</strong> mak<strong>in</strong>g well-<strong>in</strong>formed decisions.<br />

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Email: abhishek@marketdataforecast.com<br />

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