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Safety Syringes Market To Witness Growth Due To Rising Government Initiative And Healthcare & Safety Awareness Till 2021 | Million Insights

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Safety Syringes Market To Witness Growth Due To Rising Government Initiative And Healthcare & Safety Awareness Till 2021 | Million Insights

November 03
10:06 2017

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According to new report available with Million Insights, the safety syringes market is expected to witness a substantial CAGR during the anticipated period. Primary reasons for this growth comprise increase in the incidence of needle stick injuries, government initiative to include the use of safety syringes in the legislation, growing injectables market, and improved safety mechanisms for syringes.

Global safety syringes market is segmented into Product, End-Users, Therapy and Geographical regions. Safety syringes have a safety mechanism built into the syringe. The needle on a safety syringe can be detachable or permanently attached. On some models, a sheath is placed over the needle or the needle retracts into the barrel following injection to protect healthcare workers and others from accidental needle stick injuries.

An additional option is a secondary device, such as Oak Ridge Products needle capper that allows the user, with one hand to apply a cover over the contaminated needle. The importance of the safety syringe has increased; legislation requiring it or equivalent has been introduced in many nations since needle stick injuries and re-use prevention became the focus of governments and safety bodies.Needle stick injuries refer to percutaneous piercing wounds and are caused by tip of needles while disassembling, handling or disposing syringes and needles. Hence, the safety syringes market is predicted to rise due to the mountingincidence of needle stick injuries. The safety syringes market is expectedto witness asubstantial CAGR during the anticipated period. Primary reasons for this growth comprise increase in the incidence of needle stick injuries, government initiative to include the use of safety syringes in the legislation, growing injectables market, and improved safety mechanisms for syringes.

Full Research Report On Safety Syringes Market Global Analysis available at:
https://www.millioninsights.com/industry-reports/safety-syringes-market

However,substitute drug delivery methods and high cost are two important factors that could considerably limit the growth of this market. In emerging economies, the safety syringes are neglected due to lack of awareness regarding healthcare and safety issues. A rise in government initiative and healthcare and safety awareness could fuel the growth of this market. In addition, the increasing regulations introduced by governments for the launch of safety-mechanized syringes will provide impetus to the development of the market. This is because of the growing concerns about needle stick injuries and their adverse impacts, resulting in legislations that authorizethe utilization of safety syringes by health caregivers, nurses, and physicians.

Safety Syringes Market is segmented by Product Type into Retractable and Non-retractable safety syringes.Retractable Safety Syringes are further segmented into manual and automatic syringes. Non-Retractable Safety Syringes are categorized into sliding needle cover syringes, sheathing tube syringes, and hinged needle cover syringes. Non-retractable safety syringes account for the largest share of the market.However, retractable safety syringes are expected to grow at a higher CAGR during forecast period due growing use in urbanized nations. Automatic retractable safety syringes are in general preferred over manual syringes as they are safer and easy to handle so there is a high demand for the safety syringes.

Safety Syringes Market is segmented into Insulin, GLP-1, Tuberculosis, and Growth Hormones, based on therapy. Based onend-users, the global market is segmentedinto Hospitals and Home Care.Geographically, the global market spans North America, China, Europe, Southeast Asia, Japan, and India.In North America, there is a high demand for prefilled syringes with safety mechanisms. Asia Pacific is the fastest emerging market due to healthcare consciousness and immunization programs initiated by the WHO and UNICEF.

The Key Players in the safety syringes market include Covidien plc, Retractable Technologies, Inc, Becton, Dickinson & Company, Terumo Corporation, Unilife Corporation, Revolutions Medical Corporation, Smiths Medical, Sol-Millennum, Ultimed, Inc., and Axel Bio Corporation.

Request for Free Sample Copy at: https://www.millioninsights.com/industry-reports/safety-syringes-market/request-sample

This report studies Safety Syringes in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with Production, price, revenue and market share for each manufacturer, covering
• Bayer AG
• Sanofi
• Amedra Pharmaceuticals
• ALK Abello
• Novartis International AG
• Unilife Corporation
• Pfizer
• Emerade
• Ypsomed Holding AG

Market Segment by Regions, this report splits Global into several key Region, with production, consumption, revenue, market share and growth rate of Safety Syringes in these regions, from 2011 to 2021 (forecast), like
• North America
• China
• Europe
• Japan
• India
• Southeast Asia

Split by product type, with production, revenue, price, market share and growth rate of each type, can be divided into
• Type I
• Type II
• Type III

Split by application, this report focuses on consumption, market share and growth rate of Safety Syringes in each application, can be divided into
• Hospital
• Clinic
• Application 3

Related Reports of this Category available at Million Insights: https://www.millioninsights.com/industry/medical-devices

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