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(Medical-NewsWire.com, July 03, 2017 ) According to the report “Global Safety Syringes Market,” published by Market Data Forecast, the global market is projected to reach USD 7095 million by 2021 from USD 4260 million in 2016, at a CAGR of 8.96%.In syringe-based safety devices, the safety mechanism is built into the syringe. The needle on a syringe-based safety device can be detachable or permanently attached. Typically, the needle is of a standard or conventional design. Disposable syringes with needles are the most common cause of reported needle stick injuries in hospitals. Those used for drawing blood represent the greatest risk of transmission of a blood borne pathogen because they are both hollow and blood-filled. Remember that its essential to have frontline worker input into the selection of safety syringes. It may be entirely possible to use a non-safety syringe for non-patient use or contact and a safety syringe for patient use or contact only.
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The factors influencing the Global Market for Safety Syringes Market, either positively or negatively are presented in the DROC analysis. Increase in the incidence of needle stick injuries, growing injectables market and rising demand for safety mechanisms in syringes are propelling the growth of global safety syringe market. However, availability of alternate drug delivery methods and high cost of safety syringes are few factors limiting the growth of global market. In emerging countries, the safety syringes are being ignored due to lack of awareness about healthcare and safety issues. A rise in government initiative and healthcare and safety awareness could improve adoptability of safety syringes.
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For granular level understanding, the Safety Syringes Market is segmented based on the following categories with Market Size Estimations and Y-o-Y Forecasts presented for each sub-segments.
• By Technology
o Retractable safety syringes
Automatic retractable safety syringes
Manual retractable safety syringes
o Non-Retractable safety syringes
Sheathing tube syringes
Sliding needle cover syringes
Hinged needle cover syringes
• By Therapy
o Insulin
o Glucagon-like peptide-1 (glp-1)
o Tuberculosis
o Growth hormones
• By End User
o Hospitals
o Home Care
Geographically the global safety syringe market is analysed under North America, Europe, Asia-Pacific, Latin America & Middle-East and Africa. North America representing the largest share in terms of revenue as well as volume, is witnessing a paradigm shift in usage of safety syringes over traditional syringes. Added to this, the growing demand for prefilled syringes equipped with safety features is also anticipated to drive the market growth in North American region. In Asia-Pacific, the market is expected to grow due to the ongoing immunization programs supported by the WHO and UNICEF along with increased penetration by the U.S. based companies capitalizing on the growing awareness level regarding the consequences of insecure injection practices.
• North America Safety Syringes Market
• Europe Safety Syringes Market
• Asia-Pacific Safety Syringes Market
• Latin America Safety Syringes Market
• The Middle East and Africa Safety Syringes Market
Some of the major companies operating in the global safety syringes market are 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
The Safety Syringes Market study offers the following deliverables:
• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is blooming
• Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of macro and micro environmental factors that effect the global market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
• A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, www.marketdataforecast.com
Market Data Forecast
Abhishek
+1-888- 702-9626
abhishek@marketdataforecast.com
Source: EmailWire.Com 
Source: EmailWire.com
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