Indian syringes and needles market is expected to grow at a CAGR of 15% by 2020. This growth is mainly because of India’s large pool of patients, increase in healthcare expenditure, increase in healthcare awareness and rising government spending.
Syringes and needles market in India is dominated by imported products including products produced by imported material which comprises approximately 75% of the total revenue. The domestic companies are largely involved in manufacturing low end products for local and international consumption. The Syringes and Needles form an important part in manufacturing and 60% of the manufactured Syringes and Needles are exported.
Disposable syringes currently control the largest market share in terms of sales and Auto Disable/ safety syringes and needles is the second largest market share in terms of sales in Indian market. If you are looking for the registration of syringes and needles please visit – Step by Step Process to Register your Medical Device in India.
Reusable syringes and needles in Indian market is expected to grow at a CAGR of 5% till 2020 and other (prefilled, insulin etc.) Indian syringes and needles is expected to grow at a CAGR of 9% till 2020.
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Indian syringes and needles market is expected to grow at a CAGR of 15% by 2020. This growth is mainly because of India’s large pool of patients, increase in healthcare expenditure, increase in healthcare awareness […]Read More
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