The global safety syringes market is expected to reach US$ 6.0 billion by 2020, registering a CAGR of 10% during the forecast period. The legislations issued by the governments of various countries to ensure compulsory use of safety syringes to reduce needle stick injuries and also prevent needle reuse is primarily driving the market. In addition, high growth in the injectable market and improved safety mechanisms for the use of syringes are driving the market. However, the low growth rate of the industry and high cost of shifting from conventional to safety syringes are expected to hamper the growth of the market.
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In this report, the global safety syringes market is segmented by product type and region. Based on product type, the market is segmented into retractable safety syringes and non-retractable safety syringes. The retractable safety syringes segment is subdivided into manual retractable safety syringes and automatic retractable safety syringes. The non-retractable safety syringes segment is subdivided into sliding needle cover syringes, sheathing tube syringes, and hinged needle cover syringes.
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The global safety syringes market is also segmented on the basis of key regions, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Furthermore, each region is segmented to provide market revenue for select countries such as the U.S., Canada, the U.K., Germany, China, Japan, India, Brazil, and the GCC countries. The report includes a detailed study of the global and regional safety syringes market and it analyzes the variations in the growth of the industry in certain regions.
Most Active Players in The Safety Syringes Market
Dickinson & Company, Becton, Medical Smiths, Covidien Plc, Retractable Technologies, Inc., Kendall Healthcare, Revolutions Medical Corporation, Terumo Corporation, and Unilife Corporation are the most active players in the safety syringes market.
Scope of the report
This report covers the safety syringes market, in terms of value, and forecasts the market size till 2021. It includes the market segmentation by product type and region. In addition, the report identifies key growth segments and opportunities in the industry. This report also covers detailed competitive outlook including the market share and company profiles of the key players in the global market. Company profile includes company summary, financial summary, business strategy and planning, SWOT analysis, and current developments.
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