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Disposable Plastic Syringes

Disposable Syringes are made of plastic material and are used in the field of medical and veterinary science. Due to their availability in sterilized condition, ready to use, and cost effectiveness, disposable syringes are fast replacing the age-old glass syringes. The constantly increasing use of this type Syringe indicates its importance which is based mainly on the advantages it offers regarding cost and hygienic applications. The manufacture of plastic syringes has been developed to such a degree that the products now satisfy the requirements and standards set by Hospital and physicians. At the same time they offer the best possible technique of application to the physician and the highest possible degree of safety to the patient. A syringe is a simple piston pump consisting of a plunger that fits tightly in a tube. The plunger can be pulled and pushed along inside a cylindrical tube (the barrel) allowing the syringe to take in and expel a liquid or a gas through an orifice at open end of the tube. The open end of the syringe may be fitted with a hypodermic needle (a hollow needle commonly used with a syringe to inject substances into the body or extract fluids from it), a nozzle or tubing to help direct the flow into and out of the barrel. Disposable Syringes are being used by doctors to inject medicines through intravenous or intramuscular ways for the treatment of diseases & also by research & development personnel. Disposable syringes are made of plastic material and are used in the field of medical and veterinary science. Due to their availability in sterilized condition, ready to use, and cost effectiveness, disposable syringes are fast replacing the age-old glass syringes. The Disposable Syringes market was valued at USD 7.10 billion in 2019 and is predicted to grow at a CAGR of 6.1% during the forecast period and is anticipated to reach USD 12.91 Billion by 2027. The growth of the market is attributed to growing prevalence of chronic diseases, especially diabetes, an increase in the usage of Botox, increased adoption of inject able drugs, technological advancements in syringes, an increase in the geriatric population, a growing number of vaccination and immunization programs. Based on the WHO estimates, 16 billion injections are administered each year globally. A Disposable Syringes is a medical tool used to administer injections of intravenous drugs into the patient’s blood stream or to draw blood sample. Consumers and doctors are preferring Disposable Syringes over reusable syringes due to rising concerns about needle stick injuries and accidental infections related to it. Industry players increasingly investing in research and development of new chemicals that are more potential than present available drugs is likely to augment the growth. This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under Disposable Medi-Aids Ltd. Hindustan Syringes & Medical Devices Ltd Lifelong Meditech Ltd. Peekay Mediequip Ltd. Schott Kaisha Pvt. Ltd.
Plant capacity: Disposable Plastic Syringes 3 ml Size: 1,440 Boxes / Day (Each Box = 100 Pcs) Disposable Plastic Syringes 5 ml Size: 1,500 Boxes / Day (Each Box = 100 Pcs) Disposable Plastic Syringes 10 ml Size: 600 Boxes / Day (Each Box = 100 Pcs)Plant & machinery: Rs 340 lakhs
Working capital: -T.C.I: Cost of Project : Rs 772 lakhs
Return: 18.00%Break even: 62.00%
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