Retractable Needle Safety Syringes Market Size Share Outlook Key Players Revenue and Forecast 2028 - Digital Journal

2022-09-03 19:18:21 By : Ms. Lucy Xia

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Retractable needle – the needle (usually fused to the syringe) is spring-loaded and retracts into the syringe barrel after the injection when the plunger is completely depressed. As the number of needle stick injuries rises, so does the demand for retractable needle safety syringes. All parenteral pharmaceutical products must be administered via drug delivery devices. The most commonly used devices are syringes. Injecting with needle-based devices carries a high risk of needle stick injury. For example, the Centers for Disease Control and Prevention reports that over 385,000 needle stick injuries occur in healthcare professionals in the United States each year. Blood-borne viruses, in particular, are spreading through needle stick injuries. Hepatitis B and C, as well as the human immunodeficiency virus (HIV), which causes AIDS, are all causes for concern (acquired immune deficiency syndrome). Because of the increasing number of needle stick injuries, regulatory authorities are recommending the use of protected needles and retractable needle safety syringes, which is helping to drive the global retractable needle safety syringes market. Companies in the retractable needle safety syringes market are actively attempting to strengthen their positions through product launches, approvals, collaborations, and partnerships with both established and emerging market players. Because of the advantages of manual retractable safety syringes over other available syringes on the market, there has been an increasing adoption of manual retractable safety syringes, resulting in it being the leading segment. The demand for retractable needle safety syringes is increasing as a result of an increase in diseases such as diabetes, cancer, and hepatitis, increased health awareness among people, and advancements in retractable needle safety syringes. Safety needles increase user convenience and practicability while decreasing infection risk and cost. Because of advantages such as accuracy, operation time, and ease of use, the majority of healthcare professionals prefer safety needle technology to traditional devices.

The astute research report on Retractable Needle Safety Syringes market provides intricate details for analyzing appropriate parameters and valuable insights. The report offers extensive information about this business to help bring forth the growth potential of the market across various segments and provides the clients with a comprehensive analysis of factors like market size, market growth trends, competitive landscape, product utilization, regional growth prospects, and application potential, etc. The data provided in the report has been gathered from a wide variety of sources by using primary and secondary research. This Retractable Needle Safety Syringes research report also provides crucial insights into consumer behaviour, brand positioning, pricing analysis, and key player strategies. The market overview included in the Retractable Needle Safety Syringes research report incorporates critical factors procured from industry analysts, prominent players as well as trade and industrial organizations.

The report on Retractable Needle Safety Syringes market offers up-to-date information on the factors impeding the market growth which shall provide vendors with crucial insights into understanding the market dynamics thereby aiding the clients to sketch out a better business strategy. These factors will help them identify market growth opportunities. Furthermore, FutureWise research analysts provide timely assistance to their customers in understanding eccentric market parameters more effectively thereby leading to better decision-making.

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The Retractable Needle Safety Syringes market research report is segmented – by product type, by therapy, by end-user, and by region. It also consists of insights regarding the revenue value and sales volume during the forecasted timeframe of 2022 to 2028.

Retractable Needle Safety Syringes Market Segmentation:

Insulin Glucagon-like Peptide-1 (glp-1) Tuberculosis Growth Hormones Other Therapies

Hospitals Speciality Clinics Ambulatory Surgery Centers Homecare Settings Other End-users

North America Europe Asia-Pacific Latin America Middle East and Africa

Retractable Needle Safety Syringes Market Regional Analysis:

The report provides a complete evaluation of the potential amplification of the Retractable Needle Safety Syringes Market in pivotal geographic regions such as North America, Asia Pacific, Europe, Latin America and Middle East & Africa.

Full Report of the Retractable Needle Safety Syringes Market @ https://www.futurewiseresearch.com/healthcare-market-research/Retractable-Needle-Safety/5390

Some of the key market players are

Retractable Technologies, Inc. Axel Bio Corporation Sol-Millennium DMC Medical Limited UltiMed, Inc. Medigard Limited Becton, Dickinson and Company Medtronic plc Smiths Medical Globe Medical Tech, Inc. Terumo Corporation Covidien plc

Growth prospects SWOT analysis Key market trends Key data-points affecting market growth

To provide an extensive analysis of the global Retractable Needle Safety Syringes market by product type, by therapy, by end-user, and by region

To carter complex data and information on the characteristics influencing the market growth (drivers, restraints, opportunities, and industry-specific restraints)

To predict and assess micro-markets and the overall market

To anticipate the market size, in key geographical regions (along with countries)— North America, Europe, Asia Pacific, Latin America and the Middle East and Africa

To estimate and inspect competitive landscape mapping- technological advancements, product launches, mergers and expansions

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