HMD launches Dispojekt safety needle syringes to curb Needle Stick Injuries
Hindustan Syringes and Medical Devices (HMD), one of the leading manufacturers of disposable and AutoDisable syringes in the world, has launched Dispojekt single use syringes with safety needle that is designed to reduce prevalence of accidental Needle Stick Injuries (NSIs) among health workers.
βEquipped with a safety shieldΒ (SIP Shield), Dispojekt syringe addresses critical concernsΒ of needle stick injuriesΒ and reaffirms our commitment as market leader towards excellence in healthcare. It is a great outcome of our βMake in Indiaβ resolve as envisioned by Prime MinisterΒ Narendra Modi to realize the goal ofΒ ViksitΒ Bharat,β saidΒ Rajiv Nath, Managing Director, HMD, adding thatΒ India is all poised to become a global powerhouse in manufacturing and exporting of medical devicesΒ in sync with the spirit ofΒ AtmanirbharΒ Bharat.
The use of safety needles in healthcare settings offer numerousΒ costΒ benefits. They reduce healthcare worker injuries, lowering costs from potential disease treatment and potential long-term health issues. By minimizing needle stick injuries, they alsoΒ decrease expenses for post-exposure prophylaxis and associated healthcare costs. Moreover, safety needles mitigate compensation claims, absenteeism, and can lead to lower health insurance premiums, while also reducing product and packaging footprints for cost and environmental savings.Β They assist in creating a safer and more reliable workplace environment for healthcare workers.
βThere is significant headroom for innovation andΒ growth in the medical devices industry and the future of healthcare technology rests on robustΒ R&D.Β With the disposable syringe market size in India estimated to beΒ overΒ 5 billionΒ unitsΒ per year andΒ 5-6 billionΒ needles, 80Β %Β of which are in theΒ hands of private sector players.Β We aimΒ for 60-70Β %Β market share in the next three years,Β thanks toΒ ourΒ innovative Dispojekt,β informedΒ HMDβs Executive Director,Β SohailΒ Nath.
He said, βDispojektΒ safety needle syringesΒ are going to be the game changer inΒ the globalΒ fight against NSIs. We areΒ aiming toΒ initiallyΒ produceΒ 200 million syringes and needles per annum for which we have invested approximatelyΒ RsΒ 70Β croreΒ inΒ theΒ first phase.β
SohailΒ adds, βIn the second phase, we will increaseΒ theΒ capacity to 300 million pieces per annum by investing another Rs 10 crore to Rs 15 crore.β





