Home » Profiles » Disposable Needles - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost And Revenue

Disposable Needles - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost And Revenue

Disposable needles are widely used by doctors for injection purpose with the help of syringes. With the increase in population in our country, requirement of medicine and injections has increased. For more strength of people more number of needles is required with syringes. For quick relief, needles are used by surgeons, dental surgeons, Veterinary Surgeons, and by the breeders in the poultry farm, where the farm birds are periodically injected against epidemics. Surgical needles are of two types: those which have an eye through which the suture is threaded and eyeless needles where the suture is inserted into the hollow hilt and held in position by swaging the metal around it. The first patent on an eyeless needle was obtained by the late Sir Henry Souttar in 1921 but in the U.K. their use has only increased appreciably in the past few years. In the U.S.A. 70 percent of the suture needles are of the cycle’s type. The various components of Hypodermic needle shall be made from the following materials shown against each. • The Hub shall be made from free specially treated nylon/ PVC tube. • Stillete- Stillete shall be hard drawn hollow brass wire or stainless steel wire and supplied one for each needle. Hindustan Syringes and Beckton & Dickinson had launched Auto Disposable (AD) syringes. The new age AD syringe makes re-use impossible by locking the plunger after the medicine is injected. It cannot draw on the medicine a second time. In the field of cannulae and blood bags, Poly Medicure has emerged as a significant player. In the Indian single uses syringes market, which is nearly 1.5 bn units strong, Hindustan Syringes and Medical Devices (HMD) enjoys a 65% market share. Imports constitute 10% of this market. In the single use needles market, HMD has a 70% market share, followed by imported brands with a 25% market share. The size of the local needles market is 2.5 bn units per annum. Dispovan is the dominant brand in India, and it has been able to maintain and increase its market share in face of stiff competition from multinational and domestic challengers. So any new entrants can venture in to this industry.
Plant capacity: 1500000 Nos. / DayPlant & machinery: Rs. 585 Lakhs
Working capital: -T.C.I: Cost of Project : Rs. 945 Lakhs
Return: 29.00%Break even: 43.00%
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