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.
Table of Contents
Slide 1: Executive Summary Macroeconomic Indicators 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) Introduction Slide 5: Syringes & Needles - Features and Use Slide 6: Syringes & Needles - Developmental Phases Market Overview Slide 7: Syringes & Needles Market - Overview, Market Size & Growth (2013 to 2019e) Slide 8: Market Penetration Strategies EXIM 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 Trends Slide 20: Trends - Summary Slide 21-22: Key Trends Government Legislation Slide 23: Government Legislation Competitive Landscape Slide 24: Porter's Five Forces Analysis Slide 25-28: Competitive Benchmarking Slide 29-62: Major Companies Strategic Recommendation Slide 63: Key Recommendations Appendix Slide 64: Key Ratios Description Slide 65: Sources of Information
This research report involves complete picture of the market with the help of in-depth secondary and primary research. This research report studies several aspects of the market and analyze vital industry influencers. Extensive secondary research has been conducted using paid as well as open access data sources in order to gather information on the market and parent market. These key findings are then analyzed and validated with the help of in-house data models and primary discussions with key industry participants and experts across the value chain
Research Tools and Models
- Top-Down Approach and Bottom-Up Approach
- QFD Modeling for Market Size and Share Calculation
- Regression, Variable and Impact Analysis
- Penetration Modeling
- It comprises briefing about market dynamics and business opportunities and strategies.
- Finally, all the research findings are validated through interviews with in-house industry experts, freelance consultants and key opinion leaders etc.
It involves various mathematical tools, models, projection, and sampling techniques. It involves following steps:
- Identification of market variables and market size derivation
- Assessment of future prospects, opportunities and market penetration rates by analyzing product commercialization, regional trends etc.
- Evaluation historical market trends and derivation of present and future year-on-year growth trends