Safety Syringes Market by Product Type (Retractable Safety Syringes: Automatic Retractable Safety Syringes and Manual Retractable Safety Syringes, and Non-Retractable Safety Syringes) - Global Industry Analysis, Trends and Forecast 2022-2027
The Safety syringes market is expected to be around US$ 10.5 billion by 2027; growing at a CAGR of around 10% from 2022 to 2027.
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Major Players
Study period:
Fastest Growing Market:
2022-2027
APAC
Base Year:
Largest Market:
2021
North America
CAGR:
10
REPORT DESCRIPTION
In order to protect health care professionals from hazards of using syringes the syringes come with a safety mechanism built in and with a detachable or a permanently attached needle. This mechanism helps to avoid the needle stick injuries. Many countries all around the world have introduced laws regarding use of safety syringes in order to stop the injuries and also to stop the reuse of the needles.
The Safety syringes market is expected to be around US$ 10.5 billion by 2027; growing at a CAGR of around 10% from 2022 to 2027.
The major driving factors of Safety syringe market are as follows:
• Many countries have adopted the legislation which forces the health practitioners to use safety syringes.
• There is an increase in the incidence of the needle stick injuries.
• There is a high growth in the injectibles market.
• There is an improved mechanism for the use of syringes.
The restraining factors of safety syringe market are as follows:
• The growth rate of the industry is slow.
• The cost of shifting from the conventional to safety syringes is low.
The Safety Syringes market is segmented on the lines of its product type. The safety syringe market is segmented on the lines of its product type like Retractable Safety Syringes - Manual Retractable Safety Syringes, Automatic Retractable Safety Syringes. Non Retractable Safety Syringes - , Sliding Needle Cover Syringes, Sheathing Tube Syringes, Hinged Needle Cover Syringes.
The safety syringes market geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
This Report Provides:
1) An overview of the global market for Safety syringes and related technologies.
2) Analyses of global market trends, with data from 2019, estimates for 2020 and 2021, and projections of compound annual growth rates (CAGRs) through 2027.
3) Identifications of new market opportunities and targeted promotional plans for Safety Syringes.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
REPORT SCOPE:
The scope of the report includes a detailed study of global and regional markets for various types of Safety Syringe market with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Dickinson & Company, Becton, Medical Smiths, Covidien plc, Retractable Technologies, Inc., Kendall Healthcare, Revolutions Medical Corporation, Terumo Corporation and Unilife Corporation. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
The Safety Syringe Market has been segmented as below:
MARKET BY PRODUCT TYPE
• Retractable Safety Syringes
o Manual Retractable Safety Syringes
o Automatic Retractable Safety Syringes
• Non Retractable Safety Syringes
o Sliding Needle Cover Syringes
o Sheathing Tube Syringes
o Hinged Needle Cover Syringes
MARKET BY GEOGRAPHY
• North America
• Europe
• Asia-Pacific
• LAMEA
Reasons to Buy this Report:
1) Obtain the most up to date information available on all active and planned safety syringe market globally.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of safety syringe market industry and unit capacity data.
4) Assess your competitor’s refining portfolio and its evolution.
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Chapter 1 INTRODUCTION
1.1 Key Take Aways
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
1.5 Research Methodology
1.5.1 Market Size
1.5.2 Market Share
1.5.3 Key Data Points From Secondary Sources
1.5.4 Key Data Points From Primary Sources
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Safety Syringes Market
2.2 Comparative Analysis: Global Safety Syringes Market Revenue, by Geography, 2014 & 2023 (Value %)
2.3 Comparative Analysis: Global Safety Syringes Market Volume, by Geography, 2014 & 2023 (Value %)
Chapter 3 Market Overview
3.1 Introduction
3.2 Market Dynamics
3.2.1 Drivers
3.2.1.1 Increasing cases of needlestick injuries
3.2.1.2 Governmental legislation propelling manufactures to develop syringes with safety mechanisms
3.2.1.3 Continuous growth in injectable drugs market
3.2.2 Restraints
3.2.2.1 High cost associated with safety syringes
3.2.2.2 Alternative drug delivery methods
3.2.3 Opportunities
3.2.3.1 Automatic retractable safety syringes
3.3 Porter’s Five Forces Analysis: Global Safety Syringes Market
3.3.1 Bargaining Power of Suppliers
3.3.2 Bargaining Power of Buyers
3.3.3 Threat of Substitutes
3.3.4 Threat of New Entrants
3.3.5 Competitive Rivalry
3.4 Market Attractiveness Analysis for the Global Safety Syringes Market, by Geography
3.5 Competitive Landscape
3.5.1 Market Share by Key Player, 2012 (Value %)
Chapter 4 Global Safety Syringes Market, by Product Type
4.1 Overview
4.1.1 Global Safety Syringes Market Revenue, by Product Type, 2019 - 2025 (USD Million)
4.1.2 Global Safety Syringes Market Volume, by Product Type, 2019 - 2025 (Million Units)
4.2 Comparative Analysis: Global Safety Syringes Market Revenue, by Product Type, 2019 - 2025 (Value %)
4.3 Comparative Analysis: Global Safety Syringes Market Volume, by Product Type, 2019 - 2025 (Value %)
4.4 Retractable Safety Syringes
4.4.1 Global Retractable Safety Syringes Market Revenue, by Product Type, 2019 - 2025 (USD Million)
4.4.2 Global Retractable Safety Syringes Market Volume, by Product Type, 2019 - 2025 (Million Units)
4.4.3 Global Retractable Safety Syringes Market Revenue, by Geography, 2019 - 2025 (USD Million)
4.4.4 Global Retractable Safety Syringes Market Volume, by Geography, 2019 - 2025 (Million Units)
4.4.5 Automatic Retractable Safety Syringes
4.4.5.1 Global Automatic Retractable Safety Syringes Market Revenue, 2019 - 2025 (USD Million)
4.4.5.1 Global Automatic Retractable Safety Syringes Market Volume, 2019 - 2025 (Million Units)
4.4.6 Manual Retractable Safety Syringes
4.4.6.1 Global Manual Retractable Safety Syringes Market Revenue, 2019 - 2025 (USD Million)
4.4.6.1 Global Manual Retractable Safety Syringes Market Volume, 2019 - 2025 (Million Units)
4.5 Non Retractable Safety Syringes
4.5.1 Global Non Retractable Safety Syringes Market Revenue, 2019 - 2025 (USD Million)
4.5.1 Global Non Retractable Safety Syringes Market Volume, 2019 - 2025 (Million Units)
4.5.2 Global Non Retractable Safety Syringes Market Revenue, by Geography, 2019 - 2025 (USD Million)
4.5.3 Global Non Retractable Safety Syringes Market Volume, by Geography, 2019 - 2025(Million Units)
Chapter 5 Global Safety Syringes Market Revenue, by Geography
5.1 Overview
5.1.1 Global Safety Syringes Market Revenue, by Geography, 2019 - 2025 (USD Million)
5.1.2 Global Safety Syringes Market Volume, by Geography, 2019 - 2025 (Million Units)
5.2 North America
5.2.1 North America Safety Syringes Market Revenue, by Product Type, 2019 - 2025 (USD Million)
5.2.4 North America Safety Syringes Market Volume, by Product Type, 2019 - 2025 (Million Units)
5.3 Europe
5.3.1 Europe Safety Syringes Market Revenue, by Product Type, 2019 - 2025 (USD Million)
5.3.2 Europe Safety Syringes Market Volume, by Product Type, 2019 - 2025 (Million Units)
5.4 Asia-Pacific
5.4.1 Asia-Pacific Safety Syringes Market Revenue, by Product Type, 2019 - 2025 (USD Million)
5.4.2 Asia-Pacific Safety Syringes Market Volume, by Product Type, 2019 - 2025 (Million Units)
5.5 Rest of the World
5.5.1 Rest of the World (RoW) Safety Syringes Market Revenue, by Product Type, 2019 - 2025 (USD Million)
5.5.2 Rest of the World (RoW) Safety Syringes Market Volume, by Product Type, 2019 - 2025 (Million Units)
Chapter 6 Recommendations
6.1 Strategic mergers and acquisitions
6.2 Focus on developing automatic retractable safety syringes
6.3 Investing in rapidly growing market of Europe
6.4 Focusing on cost containment
Chapter 7 Company Profiles
7.1 Becton, Dickinson & Company
7.1.1 Company Overview
7.1.2 Financial Overview
7.1.3 Product Portfolio
7.1.4 Business Strategies
7.1.5 Recent Developments
7.2 Covidien plc
7.2.1 Company Overview
7.2.2 Financial Overview
7.2.3 Product Portfolio
7.2.4 Business Strategies
7.2.5 Recent Developments
7.3 Retractable Technologies, Inc.
7.3.1 Company Overview
7.3.2 Financial Overview
7.3.3 Product Portfolio
7.3.4 Business Strategies
7.3.5 Recent developments
7.4 Revolutions Medical Corporation
7.4.1 Company Overview
7.4.2 Financial Overview
7.4.3 Product Portfolio
7.4.4 Business Strategies
7.4.5 Recent developments
7.5 Smiths Medical
7.5.1 Company Overview
7.5.2 Financial Overview
7.5.3 Product Portfolio
7.5.4 Business Strategies
7.5.5 Recent Developments
7.6 Terumo Corporation
7.6.1 Company Overview
7.6.2 Financial Overview
7.6.3 Product Portfolio
7.6.4 Business Strategies
7.6.5 Recent Development
7.7 Unilife Corporation
7.7.1 Company Overview
7.7.2 Financial Overview
7.7.3 Product Portfolio
7.7.4 Recent Developments
The Safety Syringe Market has been segmented as below:
MARKET BY PRODUCT TYPE
• Retractable Safety Syringes
o Manual Retractable Safety Syringes
o Automatic Retractable Safety Syringes
• Non Retractable Safety Syringes
o Sliding Needle Cover Syringes
o Sheathing Tube Syringes
o Hinged Needle Cover Syringes
MARKET BY GEOGRAPHY
• North America
• Europe
• Asia-Pacific
• LAMEA
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