Safety Syringes Market – Global Industry Analysis and Forecast 2029


Safety Syringes Market size is expected to grow at a CAGR of 8.5% throughout the forecast period, reaching nearly US$ 10.71 Bn. by 2029.

The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.

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Safety Syringes Market Overview:

The Safety Syringe is a medical device used to help protect healthcare workers from accidental needle stick injuries. Safety syringes consist of an inbuilt safety mechanism and either a detachable or permanently attached needle. These devices are widely used in hospitals, clinics, & cardiac centers, and pre-hospital.
The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.

A rising incidence of needle stick injuries, a government initiative to incorporate the use of safety syringes in the legislation, favourable reimbursement policies, and enhanced safety mechanisms for syringes would create commercial market opportunities. High prevalence of chronic diseases such as diabetes is one of the major factors projected to fuel the growth of the safety syringes market during the forecast period. Alternative drug delivery methods and high costs may hamper the growth of the market.

Safety Syringes Market Segment Analysis:

According to the technology, the retractable and non-retractable segment is expected to be the fastest-growing segment on account of an increase in technological advancements in safety syringes, a rise in trend of self-administration of insulin and surge in the prevalence of diabetes.

Among therapy, insulin and tuberculosis is considered an attractive market segment and is expected to hold a significant share of the market in the coming years. Growth can be attributed to factors such as the rising adoption of technology advancement.

Safety Syringes Market Regional Analysis:

Region-wise, the North America region is expected to grow at the highest CAGR during the forecast period because of industrialization, technological advancements, augmented demand from various healthcare sectors, mounting government expenses on healthcare, and rise in the aged population. The high demand for prefilled syringes with safety mechanisms has created a substantial market for safety syringes in North America. Moreover, the APAC region is expected to grow at the highest CAGR during the forecast period attributable to the reason being the presence of huge market players and raising awareness among healthcare professionals related to needle stick injuries.

In the safety syringes market, Dickinson & company hold the leadership position thanks to production capacity expansion, brand portfolio expansion, collaborations, M&A. Over the past three years, the company has adopted new product launches, product enhancements, and geographic expansion as its crucial business plans to certify its dominance in this market.

The objective of the report is to present a comprehensive analysis of the Safety Syringes Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by Region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by Region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding Safety Syringes Market dynamics, structure by analyzing the market segments and project the Safety Syringes Market size. Clear representation of competitive analysis of key players by Type, price, financial position, Product portfolio, growth strategies, and regional presence in the Safety Syringes Market make the report investor’s guide.

Safety Syringes Market, Key Highlights:

• Safety Syringes Market analysis and forecast, in terms of value.

• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Safety Syringes Market

• Safety Syringes Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.

• Safety Syringes Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.

• Safety Syringes Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.

• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.

• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Safety Syringes Market are also profiled.

The Scope of the Safety Syringes Market: Inquire before buying






Global Safety Syringes Market




Report Coverage
Details




Base Year:
2021
Forecast Period:
2022-2029




Historical Data:
2017 to 2021
Market Size in 2021:
US $ 5.57 Bn.




Forecast Period 2022 to 2029 CAGR:
8.5%
Market Size in 2029:
US $ 10.71 Bn.




 Segments Covered:
by Technology
• Retractable
• Non-Retractable
• Sliding Needle
• Sheathing Tube
• Hinged Needle




by Therapy
• Insulin
• Tuberculosis




by Material
• Attached Needle,
• Detachable Needles






Safety Syringes Market, by Region

• North America
• Europe
• APAC
• Latin America
• MEA

Safety Syringes Market Key Players

• Becton
• Dickinson & Company
• Covidien plc
• Revolutions Medical Corporation
• Retractable Technologies, Inc.
• Smiths Medical
• Terumo Corporation
• Unilife Corporation
• Sol-Millennum
• Ultimed, Inc.
• Axel Bio Corporation
Kendall Healthcare
•BD
•Medtronic
•Sol-Millennum
•Métier Medical Limited
•Medline
•WEGO
•Classic Medical Tech

Frequently Asked Questions:

1. Which region has the largest share in Global Safety Syringes Market?
Ans: North America region held the highest share in 2021.

2. What is the growth rate of Global Safety Syringes Market?
Ans: The Global Safety Syringes Market is expected to grow at a CAGR of 8.5% during forecast period 2022-2029.

4. Who are the key players in Global Safety Syringes Market?
Ans: The important key players in the Global Safety Syringes Market are –Becton,Dickinson & Company,Covidien plc,Revolutions,Medical Corporation,Retractable Technologies, Inc.,Smiths Medical.

5. What is the study period of Global Safety Syringes Market?
Ans: The Global Safety Syringes Market is studied from 2021 to 2029. 





Safety Syringes Market

1. INTRODUCTION
1.1 Report Description
1.1.1 Objectives of the Study
1.1.2 Market Scope
1.1.3 Years considered in the study
1.1.4 Currency
1.1.5 Stakeholders
1.2 Target Audience
1.3 Key Takeaways

2. RESEARCH METHODOLOGY
2.1 Research Methodology
2.2 Market Definition
2.3 Assumptions and Acronyms Used
2.4 Data Sources
2.4.1 Secondary
2.4.1.1 Paid
2.4.1.2 Unpaid
2.4.2 Primary
2.5 Analyst tools and models

3. EXECUTIVE SUMMARY
3.1 Safety Syringes Market Overview
3.1.1 Safety Syringes Market : By Technology
3.1.2 Safety Syringes Market : By Therapy
3.1.3 Safety Syringes Market : By Material
3.1.4 Safety Syringes Market : By Region

4. SAFETY SYRINGES MARKET OUTLOOK
4.1 Safety Syringes Market : Market Definition, Segmentation and Scope of Study
4.2 Safety Syringes Market : Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Safety Syringes Market : Competitive Analysis
4.3.1 Key Strategic Initiatives
4.3.2 Regional Presence
4.3.3 Technology Overview
4.4 Safety Syringes Market : Porter’s Analysis
4.5 Safety Syringes Market : PESTEL Analysis
4.6 Safety Syringes Market : Technology Benchmark Analysis
4.7 Safety Syringes Market : Company Market Share Analysis
4.8 Safety Syringes Market : Key Findings
4.8.1 Safety Syringes Market : Top Wining Strategies
4.8.2 Safety Syringes Market : Top Investment Pockets
4.8.3 Safety Syringes Market : Top Impacting Factors

5. SAFETY SYRINGES MARKET, BY TECHNOLOGY
5.1 Safety Syringes Market : Technology segment Market Share analysis
5.2 Safety Syringes Market : Technology segment Market Size and Forecast 2021-2029
5.3 Safety Syringes Market by Retractable
5.4 Safety Syringes Market by Non-Retractable
5.5 Safety Syringes Market by Sliding Needle
5.6 Safety Syringes Market by Sheathing Tube
5.7 Safety Syringes Market by Hinged Needle
5.8 Safety Syringes Market Benchmarking By Technology
5.9 Safety Syringes Market by Technology : Key Trends
5.10 Safety Syringes Market by Technology : Key Developments

6. SAFETY SYRINGES MARKET , BY THERAPY
6.1 Safety Syringes Market : Therapy segment Market Share Analysis
6.2 Safety Syringes Market : Therapy segment Market Size and Forecast 2021-2029
6.3 Safety Syringes Market by Insulin
6.4 Safety Syringes Market by Tuberculosis
6.5 Safety Syringes Market Benchmarking By Therapy
6.6 Safety Syringes Market by Therapy : Key Trends
6.7 Safety Syringes Market by Therapy : Key Developments

7. SAFETY SYRINGES MARKET , BY Material
7.1 Safety Syringes Market : Material segment Market Share Analysis
7.2 Safety Syringes Market : Material segment Market Size and Forecast 2021-2029
7.3 Safety Syringes Market by Attached Needle
7.4 Safety Syringes Market by Detachable Needles
7.5 Safety Syringes Market Benchmarking By Therapy
7.6 Safety Syringes Market by Material : Key Trends
7.7 Safety Syringes Market by Material : Key Developments

8. SAFETY SYRINGES MARKET , BY GEOGRAPHY
8.1 Safety Syringes Market : Geography segment Market Share Analysis
8.2 Safety Syringes Market : Geography segment Market Size and Forecast 2021-2029
8.3 North America
8.3.1 Overview
8.3.2 Safety Syringes Market Size and Forecast, by Technology 2021-2029
8.3.3 Safety Syringes Market Share Analysis , by Technology 2021-2029
8.3.4 Safety Syringes Market Size and Forecast, by Therapy 2021-2029
8.3.5 Safety Syringes Market Share Analysis , by Therapy 2021-2029
8.3.6 Safety Syringes Market Share Analysis , by Material 2021-2029
8.3.7 Safety Syringes Market Share Analysis , by Material 2021-2029
8.4 Europe
8.4.1 Overview
8.4.2 Safety Syringes Market Size and Forecast, by Technology 2021-2029
8.4.3 Safety Syringes Market Share Analysis , by Technology 2021-2029
8.4.4 Safety Syringes Market Size and Forecast, by Therapy 2021-2029
8.4.5 Safety Syringes Market Share Analysis , by Therapy 2021-2029
8.4.6 Safety Syringes Market Share Analysis , by Material 2021-2029
8.4.7 Safety Syringes Market Share Analysis , by Material 2021-2029
8.5 Asia Pacific
8.5.1 Overview
8.5.2 Safety Syringes Market Size and Forecast, by Technology 2021-2029
8.5.3 Safety Syringes Market Share Analysis , by Technology 2021-2029
8.5.4 Safety Syringes Market Size and Forecast, by Therapy 2021-2029
8.5.5 Safety Syringes Market Share Analysis , by Therapy 2021-2029
8.5.6 Safety Syringes Market Share Analysis , by Material 2021-2029
8.5.7 Safety Syringes Market Share Analysis , by Material 2021-2029
8.6 Latin America, Middle East and Africa
8.6.1 Overview
8.6.2 Safety Syringes Market Size and Forecast, by Technology 2021-2029
8.6.3 Safety Syringes Market Share Analysis , by Technology 2021-2029
8.6.4 Safety Syringes Market Size and Forecast, by Therapy 2021-2029
8.6.5 Safety Syringes Market Share Analysis , by Therapy 2021-2029
8.6.6 Safety Syringes Market Share Analysis , by Material 2021-2029
8.6.7 Safety Syringes Market Share Analysis , by Material 2021-2029
8.7 Safety Syringes Market Benchmarking By Geography
8.8 Safety Syringes Market by Geography : Key Trends
8.9 Safety Syringes Market by Geography : Key Developments

9. COMPITITIVE LANDSCAPE
9.1 Safety Syringes Market Share/ Positioning Analysis
9.2 Safety Syringes Market: Key Innovators
9.3 Safety Syringes Market : Company Profiles
9.3.1 Becton
9.3.1.1 Overview
9.3.1.2 Technology/Service Portfolio
9.3.1.3 Key Financials
9.3.1.4 Strategic Initiatives
9.3.1.5 SWOT Analysis
9.3.1.6 Competitive Assessment
9.3.2 Dickinson & Company
9.3.2.1 Overview
9.3.2.2 Technology/Service Portfolio
9.3.2.3 Key Financials
9.3.2.4 Strategic Initiatives
9.3.2.5 SWOT Analysis
9.3.2.6 Competitive Assessment
9.3.3 Covidien plc
9.3.3.1 Overview
9.3.3.2 Technology/Service Portfolio
9.3.3.3 Key Financials
9.3.3.4 Strategic Initiatives
9.3.3.5 SWOT Analysis
9.3.3.6 Competitive Assessment
9.3.4 Revolutions Medical Corporation
9.3.4.1 Overview
9.3.4.2 Technology/Service Portfolio
9.3.4.3 Key Financials
9.3.4.4 Strategic Initiatives
9.3.4.5 SWOT Analysis
9.3.4.6 Competitive Assessment
9.3.5 Retractable Technologies, Inc.
9.3.5.1 Overview
9.3.5.2 Technology/Service Portfolio
9.3.5.3 Key Financials
9.3.5.4 Strategic Initiatives
9.3.5.5 SWOT Analysis
9.3.5.6 Competitive Assessment
9.3.6 Smiths Medical
9.3.6.1 Overview
9.3.6.2 Technology/Service Portfolio
9.3.6.3 Key Financials
9.3.6.4 Strategic Initiatives
9.3.6.5 SWOT Analysis
9.3.6.6 Competitive Assessment
9.3.7 Terumo Corporation
9.3.7.1 Overview
9.3.7.2 Technology/Service Portfolio
9.3.7.3 Key Financials
9.3.7.4 Strategic Initiatives
9.3.7.5 SWOT Analysis
9.3.7.6 Competitive Assessment
9.3.8 Unilife Corporation
9.3.8.1 Overview
9.3.8.2 Technology/Service Portfolio
9.3.8.3 Key Financials
9.3.8.4 Strategic Initiatives
9.3.8.5 SWOT Analysis
9.3.8.6 Competitive Assessment
9.3.9 Sol-Millennum
9.3.9.1 Overview
9.3.9.2 Technology/Service Portfolio
9.3.9.3 Key Financials
9.3.9.4 Strategic Initiatives
9.3.9.5 SWOT Analysis
9.3.9.6 Competitive Assessment
9.3.10 Ultimed, Inc.
9.3.10.1 Overview
9.3.10.2 Technology/Service Portfolio
9.3.10.3 Key Financials
9.3.10.4 Strategic Initiatives
9.3.10.5 SWOT Analysis
9.3.10.6 Competitive Assessment
9.3.11 Axel Bio Corporation
9.3.11.1 Overview
9.3.11.2 Technology/Service Portfolio
9.3.11.3 Key Financials
9.3.11.4 Strategic Initiatives
9.3.11.5 SWOT Analysis
9.3.11.6 Competitive Assessment
9.3.12 Kendall Healthcare
9.3.13 BD
9.3.14 Medtronic
9.3.15 Sol-Millennum
9.3.16 Métier Medical Limited
9.3.17 Medline
9.3.18 WEGO
9.3.19 Classic Medical Tech

10. CONSOLIDATION
10.1 Safety Syringes Market: Mergers and Acquisitions
10.1.1 Overview
10.1.2 Safety Syringes Market : Key Drivers – By Region
10.1.3 Safety Syringes Market : M&A Breakdown
10.1.3.1 Technology Based
10.1.3.2 Material Based
10.1.3.3 Therapy Based
10.1.3.4 Niche Based
10.1.3.5 Region Based
10.1.3.6 Asset & Non-Asset Based
10.1.3.7 Venture Capitalist Based
10.2 Fragmentation of Safety Syringes Market
10.3 Safety Syringes Market : Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
10.4 Safety Syringes Market - New/Emerging Models of Partnerships : Key Examples
10.5 Safety Syringes Market : New/Emerging Business Models : Key Examples
10.6 Safety Syringes Market - Changing Investment Paradigm : Focused areas by Key Players
10.7 Safety Syringes Market - Patent Analysis

11. Safety Syringes Market : LIST OF TABLES
12. Safety Syringes Market: LIST OF FIGURES
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