Allied Market Research

Global Safety Syringes Market - Opportunities and Forecasts, 2016 - 2022

 

Portland, OR -- (SBWIRE) -- 07/27/2017 -- Safety syringes consist of an inbuilt safety mechanism and either a detachable or permanently attached needle. They help protect healthcare workers from accidental needlestick injuries. Several countries have introduced legislation, which ensures the compulsory use of safety syringes to decrease needle stick injuries and prevent needle re-use. Introduction of this legislation has led to safety syringes being more commonly used than conventional syringes, which in turn has led to considerable growth in the safety syringe market. Complete analysis of safety syringe market includes various aspects of the market such as market trends, product analysis, market drivers, restrains and opportunities. Competitive landscape section focuses on key leaders within the safety syringes market and their major strategies to dominate the market. In-depth segmental analysis enables a better understanding of market dynamics and would assist market professional in making informed decisions.

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Competitive Landscape

The key players within the global safety syringes market include Dickinson & Company, Becton, Medical Smiths, Covidien plc, Retractable Technologies, Inc., Kendall Healthcare, Revolutions Medical Corporation, Terumo Corporation and Unilife Corporation. Becton occupies the largest market share followed by Kendall Healthcare. Companies are concentrating on developing effective safety mechanisms which are easy to handle to meet the regulatory requirements.

High Level Analysis

Comprehensive analysis of the global safety syringes market provides an overview of the market and its key concerns. Market segmentation section provides deep-dive analysis of products and geographic segments which would be helpful in understanding niche market trends. Market dynamics include market drivers, restraints and opportunities and would help in simplifying market behavior. Porter's Five Forces analysis would help strategists to determine market profitability. Rising awareness about the severe consequences of needlestick injuries has resulted in a paradigm shift in the demand for safety syringes and it is the reason behind the purchase of high product volumes, which increases the buyers bargaining power. Introduction of strict government legislation regarding the use of safety syringes would decrease the threat of new entrants. Industrial rivalry is high in the global safety syringes market due to the slow growth rate of the industry and low switching cost for consumers.

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KEY DELIVERABLES

The global safety syringes market is segmented into four major categories: biopreservation media types, products, applications and geography.

MARKET BY PRODUCT TYPE

- 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

MARKET BY GEOGRAPHY

- North America
- Europe
- Asia-Pacific
- LAMEA