Growing demand for insulin doses and vaccinations is driving the syringes & needles market in India

Netscribes, Inc. launches a report on the Syringes & Needles Market in India 2013 covering a market with strong growth potential. It is a part of Netscribes’ Healthcare Series report.

The Indian market for syringes and needles is dominated by foreign players to a great extent, which has been getting channeled to the end users by conventional methods as well as through online portals in recent times. Import of syringes and needles takes place largely from Singapore, China, Spain, the US and the UAE. On the other hand, India exports these essential medical equipments from countries like Brazil, Kenya and Nigeria, among others.

Increased need for insulin doses, rising demand for vaccines, bettering healthcare infrastructure coupled with growing incidences of diseases are some of the key factors steering the growth of the syringes and needles market in the country. However, India remains the ground of illegal market for the same, which hurts the market significantly. This has prompted the Government of India to take action and come up with a legislation of using only AD syringes in order to get rid of the menace of dirty syringes.

This particular segment of the medical equipment market is seeing innovations in terms of introduction of products such as one time use syringes, painless needles and pre-filled syringes, which have grown extensively in terms of popularity. The players operating in the market are constantly striving to re-invent products that help in their product profile expansion.