November 12th, 2021 Coherent Market Insights Releases
The retractable needle safety syringe is a safety syringe with an integrated safety feature. It is developed in a manner that the protruding needle is inhibited into the syringe barrel after the medication/dose has been delivered. After the medicine has been ejected, the recipient must apply additional pressure to the attached plunger in order to open the seal and retract the needle into a syringe. The retractable needle is both safe and accurate. In furthermore, in comparison to other types of syringes, these syringes produce less waste. Retractable needle syringes are employed in a variety of conditions, such as cancer, tuberculosis, and diabetes.
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Growing elderly population, rising prevalence of chronic diseases, and increasing awareness among medical professionals are the key factor driving the global retractable needle safety syringes market growth over the forecast period. According to the American Diabetes Association, 30.3 million people in the U.S. had diabetes in 2015, accounting for 9.4 % of the entire US population. Furthermore, the World Health Organization (WHO) reported that 8.8 million people died of cancer globally in 2015. Cancer deaths account for around 70% of all deaths in middle and low-income countries.
According to the World Health Organization, around 16 billion injections are administered each year, with around 90 % administered in curative conditions. The unhygienic use of syringes is observed globally, particularly in developing countries, resulting in extensive infections between many patients and healthcare professionals. Unsafe syringe use can result in hemorrhagic fevers such as the Ebola and Marburg viruses, as well as malaria and other diseases. According to WHO statistics from 2012, using unsafe syringes results in 1.3 million premature deaths each year, US$ 535 million in healthcare expenditures, and accumulated damage of 26 million years of life.
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Global Retractable Needle Safety Syringes Market Taxonomy:
On the basis of product type, the global retractable needle safety syringe market is segmented into:
On the basis of end user, the global retractable needle safety syringe market is segmented into:
On the basis of region, the global retractable needle safety syringe market is segmented into:
Recent product innovations, as well as agreements, are expected to drive the global retractable needle safety syringes market growth over the forecast period.
The segmentation of the global retractable needle safety syringes market by region by Coherent Market Insights includes Latin America, North America, Africa, Europe, the Middle East, and Asia Pacific. For instance, Innovative Neurons LLC, it is a medical device company, reported in May 2017 that it would commercialize FAST (fast, accessible, safe, and technology), an auto-retractable multi-needle syringe that is patented. The FAST technology is expected to reduce the 40,000 needle stick wounds that endanger the lives of healthcare professionals in the U.S. each year.
Furthermore, in December 2017, Numedico Technologies, an Australian company, signed a deal with Mana Medical Services. The latter will be distributing the ClickZip Needle Retractable Safety Syringe in Australia and New Zealand, according to the terms of the agreement. The ClickZip syringe is a standard syringe with an added locking system.
The global retractable needle safety syringes market is oligopolistic as only limited market players are operating in the market.
Some of the major players contributing to the global retractable needle safety syringes market are Smiths Medical Inc., Axel Bio Corp, Medigard Limited, Medtronic plc, DMC Medical Ltd., UltiMed, Inc. Becton, Dickinson, and Company, Sol-Millennium, Retractable Technologies, Inc., and Globe Medical Tech.
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Chapter 1 Industry Overview 1.1 Definition 1.2 Assumptions 1.3 Research Scope 1.4 Market Analysis by Regions 1.5 Global Retractable Needle Safety Syringes Market Size Analysis from 2021 to 2027 11.6 COVID-19 Outbreak: Retractable Needle Safety Syringes Industry Impact
Chapter 2 Global Retractable Needle Safety Syringes Competition by Types, Applications, and Top Regions and Countries 2.1 Global Retractable Needle Safety Syringes (Volume and Value) by Type 2.3 Global Retractable Needle Safety Syringes (Volume and Value) by Regions
Chapter 3 Production Market Analysis 3.1 Global Production Market Analysis 3.2 Regional Production Market Analysis
Chapter 4 Global Retractable Needle Safety Syringes Sales, Consumption, Export, Import by Regions (2016-2021) Chapter 5 North America Retractable Needle Safety Syringes Market Analysis Chapter 6 East Asia Retractable Needle Safety Syringes Market Analysis Chapter 7 Europe Retractable Needle Safety Syringes Market Analysis Chapter 8 South Asia Retractable Needle Safety Syringes Market Analysis Chapter 9 Southeast Asia Retractable Needle Safety Syringes Market Analysis Chapter 10 Middle East Retractable Needle Safety Syringes Market Analysis Chapter 11 Africa Retractable Needle Safety Syringes Market Analysis Chapter 12 Oceania Retractable Needle Safety Syringes Market Analysis Chapter 13 South America Retractable Needle Safety Syringes Market Analysis Chapter 14 Company Profiles and Key Figures in Retractable Needle Safety Syringes Business Chapter 15 Global Retractable Needle Safety Syringes Market Forecast (2021-2027) Chapter 16 Conclusions Research Methodology Continued….
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