Healthcare Disposable Syringes Market - Copy | Page 2

Shiraz University of Medical Sciences (SUMS) Iran, most of the needle stick injuries are from Hollow-bore needles and most common among nurses. Increasing incidences of Chronic Disorders The wide variation in regards to the prevalence of diverse forms of chronic disorders has rose significantly in recent times. It is estimated that the burden of chronic diseases in America is approximately 133 million, i.e. 45% Americans suffer from one or the other forms of chronic disease. According to the World Health Organization (WHO), chronic diseases are responsible for majority of deaths across the world. It has been approximated that the total number of deaths worldwide, resulting from cardiovascular diseases is a staggering 17.8 million annually. However, preventable nature of such diseases makes the treatment of such condition manageable with early detection and consistent treatment therapies. Increasing burden of chronic disorders on a global scale are anticipated to be a major driver for the global disposable syringes market, which is further anticipated to grow in the coming years. Adoption of Biologics & Latest Technology Drug delivery systems with capability to deliver drugs of high viscosity and varying dosage have gained immense popularity with the introduction of biologics. Increasing application and popularity of biologics is anticipated to contribute positively to the growth of the disposable syringes market. Similarly, safety prospect of such devices, namely error free drug delivery coupled with minimal needle-stick injury have been highly beneficial in bringing down human error and simultaneously increasing the overall efficiency of the drug delivery process. Introduction of innovative technologies and simultaneous application of these in drug delivery systems is expected to present an attractive growth prospect for the market in the times to come. Presence of Alternate Drug Delivery Modes to Restrain the Market The presence of alternative modes for delivery of drugs is one of the major factors affecting the growth of the disposable syringes market. Ease of use and cost effectiveness are few factors which have established syringes as the preferred mode for drug delivery. However, oral & topical medication is widely preferred mode of medication. Also patients are anxious of needle stick injuries and are administered for an alternative method for drug delivery.