Singapore, Dec 11, 2008: According to Research and Markets, a leading source for international market research and market data, the disposable medical devices are a very important part of the total medical device industry. For the last few years the disposable market has been growing continuously, and trends predict strong growth for the near future. Needles and syringes are the most on-demand product segment of the disposable medical device market. Other segments of the market are also showing positive growth trends like disposable gloves, surgical gowns, and shoe covers.

 

In its latest report on "Global Disposable Medical Device Market: An Analysis" Research and Markets noted that the United States is the largest market for disposable medical devices closely followed by Europe and Asia. In the US, the disposable medical device market has been experiencing a declining growth rate for the last 5-6 years. Germany is the largest market in the European region; the United Kingdom also represents a strong market for disposable medical devices.

 

Bulk and pre-filled syringes are two major categories of the total syringes market; pre-filled syringes demand is increasing day by day and has become a major factor for the growth experienced in the syringes market. Contract manufacturers play an important role in this industry. Their specialization in a particular field minimizes the cost and enhances the quality of the product. An ageing population is one of the important contributors in increasing the market of disposable medical devices. Increasing heath expenditures are also one of the key growth drivers.

 

Market trends are showing positive signs for the syringes market with growing technologies. Three leading players represent a major portion of the market, Johnson & Johnson is the global market leader, followed by Glaxosmithkline (GSK) and Becton, Dickinson, but GSK does not directly deal with this market. Covidien also deals in the same market and is a leading player.