The global safety syringes market is likely to grow with a significant CAGR over the forecast period. The major objective of this report is to examine, define, describe, and assess the global safety syringes market based on major segmentations. The report also emphasizes on detailed competitive landscape of the market. The report offers detailed product portfolios, market players, emphasizing their financial positions, development strategies, and analyses their elemental competencies and market revenues to estimate the degree of competition in the global market.
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Scope of the Global Safety Syringes Market
The research methodology used to estimate and assess the global safety syringes market includes the study of industrial data and share details of major market players through secondary sources such as company websites, investor presentations, annual reports, and associations. The bottom-up approach was adopted to arrive at the extensive size of the market by estimating the share of the major industry players.
The global safety syringes market is anticipated to show significant growth over the forecast period. This is attributed to increasing incidence of needle stick injuries, government initiative to integrate the adoption of safety syringes, favourable reimbursement policies, and improved safety mechanisms for syringes. Various regions have introduced guidelines to ensure the compulsory adoption of safety syringes with an aim to reduce needle stick injuries and prevent needle re-use.
These regulations are expected to increase the use of safety syringes as compared to traditional syringes. On the other hand, factors such as alternative drug delivery methodologies and huge cost are restricting the growth of this market. Furthermore, the lack of awareness about healthcare and safety concerns in developing regions have restricted the market development in the region.
Segment Analysis of the Global Safety Syringes Market
The global safety syringes market can be segmented on the basis of type, end user, and geographical region.
- On the basis of type, the global safety syringes market can be segmented into Retractable Safety Syringes and Non-Retractable Safety Syringes
- On the basis of end users, global safety syringes market can be sub-segmented into clinics, hospitals, and Ambulatory Surgical Centers.
Geographical Analysis of the Global Safety Syringes Market
The report provides a thorough overview of the industry comprising both qualitative and quantitative data. It delivers an overview and forecast of the global safety syringes market based on various segments. It also offers market volume and forecast estimates with respect to major regions such as North America, Asia-Pacific (APAC), Europe, Middle East and Africa (MEA), and South America.
Among these, North America dominated the global market in 2017, and this trend is likely to continue over the forecast period. Well-developed health care infrastructure, number of needle stick injuries, and rising awareness about the prevention of diseases are the key factors that are boosting the safety syringes market in North America. The market in Asia Pacific is likely to extend at the highest CAGR in the next few years owing to an increase in the prevalence of diabetes, rise in population, and increase in awareness regarding sharp injuries.
Competitive Landscape of the Global Safety Syringes Market
The global safety syringes market report also comprises the profiles of key companies along with their SWOT analysis and various market strategies. In addition, the study focuses on major industry players with key information such as components, services offered, company profiles, financial information, as well as key development in the past years. Some of the leading players operating in the market are Dickinson & Company, Becton, Kendall Healthcare, Revolutions Medical Corporation, Terumo Corporation, Medical Smiths, Covidien plc, Retractable Technologies, Inc., and Unilife Corporation.
By Product Type:
- Retractable Safety Syringes
- Non-Retractable Safety Syringes
- Sliding Needle Cover Syringes
- Sheathing Tube Syringes
- Hinged Needle Cover Syringes
By End Users:
- Ambulatory Surgical Centers
North America Safety Syringes Market
- North America, by Country
- North America, by Product Type
- North America, by End Users
Europe Safety Syringes Market
- Europe, by Country
- The Netherlands
- Rest of Europe
- Europe, by Product Type
- Europe, by End Users
Asia Pacific Safety Syringes Market
- Asia Pacific, by Country
- South Korea
- Rest of Asia Pacific
- Asia Pacific, by Product Type
- Asia Pacific, by End Users
Middle East & Africa Safety Syringes Market
- Middle East & Africa, by Country
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
- Middle East & Africa, by Product Type
- Middle East & Africa, by End Users
South America Safety syringes Market
- South America, by Country
- Rest of South America
- South America, by Product Type
- South America, by End Users
Major Companies: Dickinson & Company, Becton, Medical Smiths, Covidien plc, Retractable Technologies, Inc., Kendall Healthcare, Revolutions Medical Corporation, Terumo Corporation and Unilife Corporation.
Years Covered in the Study:
Historic Year: 2017-2018
Base Year: 2019
Estimated Year: 2020
Forecast Year: 2028
Objectives of this report:
- To estimate market size for Safety syringes market on regional and global basis.
- To identify major segments in Safety syringes market and evaluate their market shares and demand.
- To provide a competitive scenario for the Safety syringes market with major developments observed by key companies in the historic years.
- To evaluate key factors governing the dynamics of Safety syringes market with their potential gravity during the forecast period.
This study is customized to meet your specific requirements:
- By Segment
- By Sub-segment
- By Region/Country
- Product Specific Competitive Analysis
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