Safety Syringes Market Will Surge at 21.0% CAGR to Reach 29600 Million US$ by the End of 2025
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Los Angeles, CA -- (SBWire) -- 02/09/2019 --Safety syringes are integrated with safety mechanisms that protect patients and healthcare professionals from accidental needle stick injuries. High risk associated with the unsafe handling of syringes that may transfer HIV, Hepatitis B, Hepatitis C and other blood borne diseases, encourages healthcare workers to adopt syringes with safety features. There are two major types of safety syringes available in the market, namely, retractable safety syringes and non-retractable safety syringes. Retractable safety syringes can be further categorized as the automatic retractable safety syringes and manual retractable safety syringes. Sheathing tube syringes equipped with sliding needle covers and hinged needle covers are the examples of non-retractable safety syringes.
The global Safety Syringes market is valued at 7800 million US$ in 2018 is expected to reach 29600 million US$ by the end of 2025, growing at a CAGR of 21.0% during 2019-2025.
The average price of Safety Syringes is in the decreasing trend, from 579 USD/K Unit in 2011 to 443 USD/K Unit in 2015. With the situation of global economy, prices will be in decreasing trend in the following five years.
The classification of Safety Syringes includes Retractable, Non Retractable and others. The proportion of Non-Retractable Safety Syringes, in 2015 is about 55.74%, and the proportion of Retractable Safety Syringes in 2015 is about 44.26%.
Market competition is intense. The revenue proportion of top 3 is 61% in 2015. BD, Medtronic, Smiths Medical, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry. With the development of society and the changing of consumer demand, the Safety Syringes industry will be more and more popular in the future.
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This report focuses on Safety Syringes volume and value at global level, regional level and company level. From a global perspective, this report represents overall Safety Syringes market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
BD
Medtronic
Medical Smiths
Terumo Corporation
Retractable Technologies
Sol-Millennum
Métier Medical Limited
Medline
Globe Medical Tech
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Retractable
Non Retractable
Segment by Application
Interior
Exterior
Engine Component
Other
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