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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. Disposable syringes commonly are used in modern medicine for the injection of drugs and vaccines or for the extraction of blood. Among the common uses of disposable syringes are the injecting of insulin by a diabetic person and the administering of a local anesthesia by a dentist. Disposable syringes sometimes are used for drawing blood samples. They allow greater precision than evacuated tube systems, so syringes used together with butterfly needles often are favored when drawing blood from children, from adults who have thin blood vessels or from patients who are suffering from muscle spasticity or nervous tremors. They also are used when blood is being drawn from a vessel very close to the skin, such as those in the wrists and hands. Disposable syringes currently control the largest market share in terms of revenue in Indian syringes and needles market. As per estimates, Indian disposable syringes market is expected to grow at a CAGR of 15% till 2021 and maintain its market share position even in 2020. The medical devices market in India is dominated by imported products, including products manufactured using imported material, which comprises approximately 75% of the total sales. The domestic companies are largely involved in manufacturing low-end products for local and international consumption. The Syringes and Needles form a significant part of this manufacturing and 60% of the manufactured Syringes and Needles are exported.
Plant capacity: Disposable Plastic Syringes with Needles 1 ml Size each Packed in Polypack: 62,500 Nos Per Day Disposable Plastic Syringes with Needles 2 ml Size each Packed in Polypack: 62,500 Nos Per Day Disposable Plastic Syringes with Needles 5 ml Size each PackePlant & machinery: 441 Lakhs
Working capital: -T.C.I: Cost of Project: 2149 Lakhs
Return: 34.00%Break even: 40.00%
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