Disposable Syringes are made of plastic material and are used in the field of medical and veterinary science. Due to their availability in sterilized condition, ready to use, and cost effectiveness, disposable syringes are fast replacing the age-old glass syringes. Disposable Syringes are being used by doctors to inject medicines through intravenous or intramuscular ways for the treatment of diseases & also by research & development personnel.
The effective result of the above factors of influence on the market – along with a few others – for disposable syringes is expected to translate to a CAGR of 5.6% from 2015 to 2023.India is witnessing a rapid growth across all segments and categories of medical products. India exported US$ 35.22 million worth of syringes and the overall exported quantity was 719.48 million units. Thus, due to demand it is best to invest in this project.
Few Indian major players are as under
· Albert David Ltd.
· Disposable Medi-Aids Ltd.
· Hindustan Syringes & Medical Devices Ltd.
· Lifeline Injects Ltd.
· Lifelong Meditech Ltd.
· Oyster Medisafe Pvt. Ltd.
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