Oral syringes are used to deliver medication orally directly in the mouth of the patient. They are designed in such a way that it reduces the risk of medication dosing thus curbing chances of administrative error. Oral syringes can meet patient needs of all the age groups, and this syringes can be used several times by an individual patient within a time frame of seven days. Parent market for oral syringes is the medical syringes with a needle and some possible related markets for oral syringes are injection pens, specialty needles, and insulin pumps. Over the years, the market has evolved from using dosing cups, droppers and the use of teaspoon while consuming liquid medication to the use of oral syringes to increase chances of giving correct doses.
Global Oral Syringes Market: Drivers and Restrains
It is expected that expansion of a global pharmaceuticals industry is projected to grow at a healthy CAGR over the forecast period. As there is a growing prevalence of acute diseases caused due to improper amount of consumption of doses thus the need for accurate consumption of medication has increased leading to the growth of oral syringes market across the world. Oral syringes are easy to use and can also be pre-sterilized so that it can be re-used and also helps in reducing the drug losses. These all factors together drive the global oral syringe market. On the other hand, most of the user friendly, streamlined designs of oral syringes can do a little as this syringes are a costly option as compared to dose cups and droppers. Also, most of the users feel uncomfortable while consuming medication orally through syringes. Thus this are some of the restraining factors that can hamper the growth of global oral syringes market.
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Global Oral Syringes Market: Regional Overview
Geographically, the global oral syringes market is segmented into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East and Africa (MEA). Due to advanced healthcare infrastructure, increasing purchasing power and availability of new technologies in North America and Europe is expected to have a higher share over the forecast period thus leading to a surge in demand of global oral syringes market. In Asia Pacific, due to increased healthcare awareness and growth in healthcare facilities in some emerging economies like China and India where high availability of skilled manpower in the oral Pharmaceutical industry, it is expected that oral syringes market will show a healthy growth rate in Asia Pacific region. Thus, globally over the forecast period of 2017-27 with a steady CAGR, a healthy growth is expected in global oral syringes market.