Syringes and Needles Market in India 2015

Date: July 14, 2015
Pages: 65
US$ 1,995.00
Publisher: Netscribes (India) Pvt. Ltd.
Report type: Brief Review
Delivery: E-mail Delivery (PDF)

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Syringes and Needles Market in India 2015
Netscribes’ latest market research report titled Syringes & Needles Market in India 2015 states that the market is growing steadily owing to the better healthcare facilities arising from the improved infrastructure. Healthcare sector in India is growing at a tremendous rate with a large number of hospitals and diagnostic centers being set up. Syringes & needles being a highly used disposable product in almost all medical centers, the market for these products is experiencing steady demand. Increased need for insulin doses, rising demand for vaccines, and growing incidences of diseases are some of the key factors amongst others that is steering ahead the syringes & needles market in the country. However, India remains the ground of illegal market for the same which hampers the market significantly. This has led the Government of India to take several steps which will further aid in the development of the market.

The Indian market for syringes & needles is dominated by a few players. Both domestic manufacturers as well as foreign companies operate in this market. Most foreign companies import their products from their overseas facilities. Total value of imports has been consistently higher than the export earnings for domestic players. The market is seeing innovations in terms of introduction of new and safer products and the players operating in the market are constantly striving in terms of re-inventing products that help in their product profile expansion. Overall, the market for syringes & needles is exhibiting steady growth and holds ample opportunities for the players operating in this market.
Slide 1: Executive Summary


Slide 2: GDP at Factor Cost: Quarterly (2011-12, 2012-13, 2013-14, 2014-15), Inflation Rate: Monthly (Dec 2014 – Apr 2015)
Slide 3: Gross Fiscal Deficit: Monthly (Feb 2014 – Jul 2014), Exchange Rate: Monthly (Dec 2014 – May 2015)
Slide 4: Lending Rate: Annual (2011-12, 2012-13, 2013-14, 2014-15), Trade Balance: Annual (2011-12, 2012-13, 2013-14, 2014-15), FDI: Annual (2010-11, 2011-12, 2012-13, 2013-14)


Slide 5: Syringes & Needles – Features and Use
Slide 6: Syringes & Needles – Developmental Phases


Slide 7: Syringes & Needles Market – Overview, Market Size & Growth (2013 to 2019e)
Slide 8: Market Penetration Strategies


Slide 9: Export of Syringes & Needles – Overview, Size (Value-Wise & Volume-Wise: 2010-11 – 2014-15 –Apr-Oct), Region-Wise Exports (Value-Wise: 2013-14, 2014-15 – Apr-Oct)
Slide 10: Import of Syringes & Needles – Overview, Size (Value-Wise & Volume-Wise: 2010-11 – 2014-15 – Apr-Oct), Region-Wise Imports (Value-Wise; 2013-14, 2014-15 – Apr-Oct)

Drivers & Challenges

Slide 11: Drivers and Challenges – Summary
Slide 12-17: Drivers
Slide 18-19: Challenges


Slide 20: TRENDS – Summary
Slide 21-22: Key TRENDS
Government Legislation
Slide 23: Government Legislation


Slide 24: Porter’s Five Forces Analysis
Slide 25-28: Competitive Benchmarking
Slide 29-62: Major Companies


Slide 63: Key Recommendations


Slide 64: Key Ratios Description
Slide 65: Sources of Information

Syringes & Needles Market - Overview:

  • Indian market for syringes & needles is poised to growin the coming years, providing opportunities toexisting and potential players to earn higher revenuesand increase profits
  • Foreign companies have strong presence in thesouthern and western regions of India
  • However, their market share in north India is weakdue to the presence of many domestic companies thatsell their products at relatively lower prices
  • Safety concerns and regulatory activity has resulted inan increasing demand for safety syringes
  • Many manufacturers are realizing the importance ofsetting up facilities to manufacture auto‐disable syringes
  • Pre‐filled syringes are a relatively new concept in theIndian market

The material was prepared in July, 2013.

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