These days people are focused on spreading awareness about healthcare issues by setting up blood donation camps, for people who need a blood transfusion as they suffer from anemia, sickle cell disease, a bleeding disorder such as hemophilia, HIV, or cancer resulting in high demand for these two medical supplies.
Another reason for the increasing demand for syringes and needles in the industry is the rise in the growth of the industry which is anticipated to grow up to 8300 million $.
It is estimated that by 2020, the Indian pre-filled syringe and needle market will grow at a CAGR of 9% and the market of the reusable syringe and needle market is anticipated to grow at a CAGR of 5%, by 2020.
Currently, about 60% of the syringe and needles manufactured by India are exported around the world. This shows that this is the best time for distributors to invest in the Syringe and needle industry. For more information, kindly click on the link to visit GetDistributors.com.
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