The global Safety Syringes market is expected to show substantial CAGR during the forecast period. Primary reasons for this growth include increase in the incidence of needlestick injuries, government initiative to include the use of safety syringes in the legislation, growing injectables market and improved safety mechanisms for syringes. However, alternative drug delivery methods and high cost are two important factors that could significantly limit the growth of this market. In emerging economies, the safety syringes are neglected due to lack of awareness regarding healthcare and safety issues. A rise in government initiative and healthcare and safety awareness could fuel the growth of this market.
Global Safety Syringes Market by Product Type The global safety syringes market is segmented according to products into two broad categories: Non-Retractable Safety Syringes and Retractable Safety Syringes. Retractable Safety Syringes are further segmented into manual and automatic syringes. Non-Retractable Safety Syringes are categorized into sliding needle cover syringes, sheathing tube syringes and hinged needle cover syringes. Non-retractable safety syringes account for the largest share of the market; however, retractable safety syringes are expected to grow at a higher CAGR during forecast period due growing use in developed nations. Automatic retractable safety syringes are generally preferred over manual syringes as it is safer and easy to handle.
Global Safety Syringes Market by Geography Geographically, global safety syringes market is segmented into North America, Europe, Asia-Pacific and LAMEA. North America dominates the global safety syringes market followed by Europe, Asia-Pacific and LAMEA. In North America there is a high demand for prefilled syringes with safety mechanisms. Asia-Pacific has the fastest emerging safety syringes market due to healthcare awareness and immunization programs initiated by WHO and UNICEF.
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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.
Global Safety Syringes Market by Geography Geographically, global safety syringes market is segmented into North America, Europe, Asia-Pacific and LAMEA. North America dominates the global safety syringes market followed by Europe, Asia-Pacific and LAMEA. In North America there is a high demand for prefilled syringes with safety mechanisms. Asia-Pacific has the fastest emerging safety syringes market due to healthcare awareness and immunization programs initiated by WHO and UNICEF.
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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
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