Retractable Needle Safety Syringes Market – Growth, Future Prospects, and Competitive Analysis, 2017 – 2025, the global retractable needle safety syringes market was valued at US$ 1,345 Mn in 2016, and is expected to reach US$ 2,345.7 Mn by 2025, expanding at a CAGR of 6.1% from 2017 to 2025
Browse Full Report Here: http://www.acutemarketreports.com/report/retractable-needle-safety-syringes-market
According to WHO studies, almost 16 billion injections are administered every year; out of which a majority i.e. 90% is given in curative care. General trend of unsafe syringe practice is observed all over the world, especially in developing countries, which has led to transmission of infection amongst the patient and healthcare professional. Though the exact data is not available for disease burden associated with unsafe and reuse of syringe practices, but it would lead to disease such as haemorrhagic fevers such as Ebola and Marburg viruses, bacterial infection, malaria, and others. The WHO has set guidelines for safe practice of syringe usage and developed a global campaign to promote injection safety. These safety guidelines would help to protect health workers against needle stick accidents and further exposure to infection. The guidelines have also recommended the usage of new “smart” syringes that would prevent reuse, urging countries to transition by 2020. Introduction of cost effective safety engineered syringes would drive the growth of the retractable needle safety syringes.
Browse the complete report at: http://www.acutemarketreports.com/report/retractable-needle-safety-syringes-market
The global retractable needle safety syringes market is segmented by product type into manual retractable syringes and automatic-retractable safety syringes. Manual retractable syringes dominate the retractable needle safety syringes, due to their wide usage and cost effectiveness. The market is also segmented by end users into hospitals, clinics and ambulatory surgery centres. Hospitals dominate the global retractable needle safety syringes market and is rapidly growing with WHO guideline for usage of “smart syringes”
As of the current market scenario, North America dominated the global retractable needle safety syringes market followed by Europe. Factors contributing to the growth of North America includes government initiative and regulation for safety practices, rise in incidence of needlestick injury and enhanced safety needles. Asia Pacific is the fastest growing retractable needle safety syringes market in forecast period.
Market Competition Assessment:
Key players in the global retractable needle safety syringes market are Axel Bio Corporation, Becton, Dickinson and Company, DMC Medical Limited, Globe Medical Tech, Inc., Medtronic Plc, Medigard Limited, Retractable Technologies, Inc., Smiths Medical, Sol-Millennium, UltiMed, Inc. and others.
Key Market Movements:
– Awareness about infection risk due to unsafe practices of syringe and its reuse has led to usage of safety syringes by the healthcare workers to avoid needle stick accidents
– WHO guidelines and recommendations for safety practice and usage of syringes to protect health workers against accidental needle injury and subsequent exposure to infection
Download Free Request Sample: http://www.acutemarketreports.com/request-free-sample/109086
Table of Content:
Chapter 1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.5. Approach Adopted
Chapter 2. Executive Summary
2.1. Global Retractable Needle Safety Syringes Market Portraiture
2.1.1. Global Retractable Needle Safety Syringes Market, by Product Type, 2016
2.1.2. Global Retractable Needle Safety Syringes Market, by `End Users, 2016
2.1.3. Global Retractable Needle Safety Syringes Market, by Geography, 2016
Chapter 3. Retractable Needle Safety Syringes Market: Market Dynamics and Future Outlook
3.1. Market Overview
3.4.1. Attractive Investment Proposition, by Geography
3.5. Competitive Landscape
3.5.1. Competitive Landscape, by Key Players, 2016
Chapter 4. Global Retractable Needle Safety Syringes Market, by Product Type, 2015 – 2025 (US$ Mn)
4.2. Attractive Investment Proposition: Global Retractable Needle Safety Syringes Market, by Product Type
4.3. Automatic Retractable syringes
4.4. Manual Retractable Safety Syringes
Latest Reports :
About – Acute Market Reports:
Acute Market Reports is the most sufficient collection of market intelligence services online. It is your only source that can fulfill all your market research requirements. We provide online reports from over 100 best publishers and upgrade our collection regularly to offer you direct online access to the world’s most comprehensive and recent database with expert perceptions on worldwide industries, products, establishments and trends.
Our team consists of highly motivated market research professionals and they are accountable for creating the groundbreaking technology that we utilize in our search engine operations to easily recognize the most current market research reports online.