Europe Syringes Market to grow at a CAGR of 8% during 2016 to 2021

According to the report Europe Syringes Market, published by Market Data Forecast, The Market is expected to grow at a CAGR of 8% and reach USD 3.6 billion in 2021 from USD 2.45 billion in 2016.

Syringes are medical devices used to inject various types of drugs into the body. They are also used to extract samples of various types of body fluids, like from a swollen tissue.  Syringes are generally in the form of long cylinder with piston at one end and needle at another end.

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Increasing Prevalence of Chronic diseases, rising geriatric population, and technological advancements in Syringe drug delivery are some of the factors driving the market. Increasing prevalence of Diabetes resulted in higher demand for syringes. However, factors like Risk of infection associated with Drug delivery through syringes, high costs of specialized syringes are restraining the market.

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Europe Syringes Market: Segmentation

Usability                                                                       

  • Sterilizable/reusable Syringes
    • Hydrodermic Syringes
    • Oral Syringes
  • Disposable Syringes
    • Conventional
    • safety
      • Retractable
      • Non-Retractable
    • prefilled
  • Y-o-Y Growth Analysis, By Usability
  • Market Attractiveness Analysis, By Usability
  • Market Share Analysis, By Usability

Material        

  • Glass
  • Plastic
  • Y-o-Y Growth Analysis, By Material
  • Market Attractiveness Analysis, By Material
  • Market Share Analysis, By Material

Type                                                                              

  • General,
  • Specialized Syringes
    • insulin
    • Tuberculin
    • Allergy
    • Others
  • Y-o-Y Growth Analysis, By Type
  • Market Attractiveness Analysis, By Type
  • Market Share Analysis, By Type

Terumo Corporation, B. Braun Medical Inc., Medtronic plc, Becton, Dickinson and Company, Smiths Medical, NIPRO Corporation, Gerresheimer AG, Hindustan Syringes & Medical Devices Limited, SCHOTT AG, and CODAN MedizinischeGeräte GmbH & Co KG are some of the key players operating in the Europe syringes market

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Reasons to buy Europe syringes Market Report:

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

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