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World Retractable Safety Syringe Market - Opportunities and Forecasts, 2017 - 2023

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    Report

  • September 2019
  • Region: Global
  • Allied Market Research
  • ID: 3773752
Safety syringes are syringes developed with a safety mechanism to prevent needle stick and other injuries. The needle on a safety syringe can be detachable or permanently attached. The emphasis on preventing the re-use of syringes by safety bodies and governments has raised the demand for safety syringes. Syringes with retractable needles and syringes with protective shields are safety syringes widely used in hospitals. Retractable needle safety syringes are predominantly accepted over conventional syringes and thus possess substantial potential for growth. According to the World Health Organization, more than 3.1 million people die every year due to unsafe injection practices. The increasing number of syringe needlestick injuries, disposal of non-sterile syringes and sharing, and unsafe injection practices are the major factors influencing the growth of this market. Revolutions Medical, Inc., Becton, Dickinson and Company, Axel Bio Corporation and Medicina are the major players in this market.

The retractable safety syringe market has been segmented on the basis of type and geography. On the basis of type, the market is categorized into Manual and Automatic retractable safety syringes. Geographically, the market is segmented into North America, Europe, Asia-pacific and LAMEA.

Key Benefits

The report throws light on the dominant current trends. Based on the analysis of trends, revenues are forecast from 2013-2020
Analysis of key strategies adopted by market players would assist in providing an in-depth understanding of market intelligence
Analysis of trends in various regions would help companies to plan their strategies depending on the region
Drivers and opportunities are evaluated to highlight the top factors responsible for market growth. Various segments are carefully evaluated to gauge the potential of the market
Porter’s Five Forces analysis provides an insight into market dynamics and industry competition
Key Market Segments

Market By Type

Manual Retractable Safety Syringes
Automatic Retractable Safety Syringe

Market By Geography

North America
Asia Pacific
Europe
LAMEA

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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