Global and China Disposable Syringe Industry
1. Disposable syringe is a disposable medical appliance. A syringe is a simple piston pump consisting of a plunger that fits tightly in a tube. The plunger can be pulled and pushed along inside a cylindrical tube (the barrel), allowing the syringe to take in and expel a liquid or gas through an orifice at the open end of the tube. The open end of the syringe may be fitted with a hypodermic needle, a nozzle, or tubing to help direct the flow into and out of the barrel.
2. In the last several years, Global market of Disposable Syringe developed rapidly, with an average growth rate of 5.1%. In 2018, Global revenue of Disposable Syringe is nearly 7631 M USD; the actual sales are 71188 million units.
3. There is also a certain space in demand of Disposable Syringe product in market but basically it shows the scarcity of high-end products and excess capacity of low-end products. There is a large market demand for high-end products to seize market share of imports acts the local enterprises export more low-end products.
4. Disposable syringes market potential is tremendous. The residents of sub-health state promotes the increasing of disposable syringes demand. In the next few years, disposable syringes industry have broad prospects. At present, domestic disposable syringes products has had the strength to compete with international counterparts in terms of technology and cost and actively explore overseas markets. Meanwhile, the disposable syringe enterprises should strengthen the information communication and the price coordination.
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5. China is the largest production place, with a production market share nearly 34.7% in 2018. Following China, EU are also very important market with the production market share of 26%. US is also an important production area.
6. Key players operating in the global disposable syringe market are BD, Terumo, WEGO, Cardinal Health, Nipro, B.Braun, Smiths Medical, etc.