New York, NY, June 23, 2013 --(PR.com
)-- Global market intelligence firm, Netscribes, Inc. has released its latest report on the "Syringes & Needles Market in India 2013," which describes the market status of one of the basic essentials of the healthcare sector.
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. The import of syringes and needles takes place largely from Singapore, China, Spain, the US and the UAE. On the other hand, India exports this essential medical equipment 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 grounds of the 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.