The Global Safety Syringes Market is estimated at USD 4620 million in 2016 and is predicted to reach USD 7095 million by 2021, growing at a CAGR of 8.96%
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Safety Syringes include an in built safety mechanism along with a detachable or a permanent needle which is attached to it. They reduce the accidental injuries of the healthcare workers.
Safety Syringes Market: Drivers & Restraints
The growing injectables market, rising number of accidental needles injuries and demand for safer needles are various factors driving the market growth.
The availability of various drug delivery methods and the high cost of safety syringes are restraining the market growth.
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Safety Syringes Market: Segmentation
- Retractable safety syringes
o Automatic retractable safety syringes
o Manual retractable safety syringes
- Non retractable safety syringes
o Sheathing tube syringes
o Sliding needle cover syringes
o Hinged needle cover syringes
- Glucagon like peptide
- Growth hormones
By End user
- Home care
- North America
o United States
o South Korea
- Latin America
o Rest of Latin America
- Middle East & Africa
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Safety Syringes Market: Overview
Non retractable syringes account for a major share of the market revenue while the retractable safety syringes are expected to grow at a fast pace.
The Safety Syringes Market is dominated by North America while Asia Pacific continues to grow at a fast CAGR.
Safety Syringes Market: Key Players
The Safety Syringes market is highly competitive with a large number of players. Some of the major Companies are Covidien plc, Retractable Technologies, Inc, Becton, Dickinson & Company, Terumo Corporation, Unilife Corporation, Revolutions Medical Corporation, Smiths Medical, Sol-Millennum, Ultimed, Inc., and Axel Bio Corporation
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