Safety Syringes Market, Size, Share, Opportunities and Forecast, 2020-2027

SKU: DMD393 | Last Updated On: Jun 11 2020 | No. of Pages: 208 | Available Formats

> Global Safety Syringes Market Expected to reach a high CAGR of 8.5 By 2027: DataM Intelligence

Global Safety Syringes Market is segmented By Product Type (Retractable Safety Syringes (Manual, Automatic), Non-Retractable Safety Syringes (Sliding Needle Cover Syringes, Sheathing Tube Syringes, Hinged Needle Cover Syringes)), By End User (Hospitals, Clinics, Ambulatory Surgical Centers), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2020-2027

 

Market Overview

The Global Safety Syringes Market is expected to grow at a CAGR of over 8.5% during the forecasting period (2020-2027).
A safety syringe has a safety mechanism built and is designed to prevent accidental needlestick injuries to healthcare professionals. It has a detachable or permanently attached needle. Commonly the mechanism either places a sheath over the needle or the needle retracts into the body of the syringe. The use of safety syringes has become more widespread in recent years as the focus of needlestick injury prevention has increased. Many countries have passed legislation for compulsory usage of safety syringes.

Source: Data M Intelligence Analysis (2019)

Market Dynamics

The safety syringes market growth is driven by several factors, such as an increase in the incidence of needlestick injuries, improvement in safety mechanism and favorable government initiatives.

Needlestick injuries are wounds caused by needles that accidentally puncture the skin. Needlestick injuries are a hazard for people who work with hypodermic syringes and other needle equipment. These injuries can occur at any time during the use, when people use, disassemble, or dispose the needles. If the needles are not disposed properly, needles might be left unseen in linen or garbage, which can again cause injury to other workers who encounter them unexpectedly. These injuries can transmit infectious diseases, especially blood-borne viruses such as Human Immunodeficiency Virus (HIV) which leads to AIDS (Acquired Immune Deficiency Syndrome), hepatitis B, and hepatitis C. According to the World Health Organization (WHO), 35 million health-care workers, 2 million experience percutaneous exposure to infectious diseases each year. Furthermore, 37.6% of hepatitis B, 39% of hepatitis C and 4.4% of HIV/AIDS in healthcare workers around the world are due to needlestick injuries.

There are several government and non-government organizations working towards syringe safety for healthcare workers. For instance, the injection safety policy and campaign by WHO is a three to five year initiative that engages many public and private sector stakeholders such as Ministries of Health, local stakeholders, international donor programs, industry players and umbrella organizations representing injection device manufacturers and health care workers. Its critical goal is exclusive use of safety-engineered injection devices with re-use prevention and sharps (needle) injury prevention and development of an implementation strategy for safety syringes’ procurement, training and education of health workers and sound waste management. Similarly, Occupational Safety and Health Administration (OSHA), has strict regulations on usage of safety syringes. It has a formal and periodic product evaluation process of needlestick protective devices involving front-line workers.

Market Segmentation

By product type, the global safety syringes market is segmented into retractable safety syringes and non-retractable safety syringes. Retractable safety syringes are further segmented into manual and automatic syringes. Non-retractable safety syringes are sub-segmented into sliding needle cover syringes, sheathing tube syringes, and hinged needle cover syringes. Among these retractable safety syringes are expected to hold a dominant market share over the period of forecast (2020-2027) due to its preference in developed nations. In retractable safety syringes the needle is fused to the syringe and is spring-loaded. It retracts into the barrel of the syringe after the delivery of medication. Automatic retractable syringes are preferred over manual syringes as they are easy to use and safer. These syringes also decrease the waste volume as compared to other syringes.

By end-users, the market is segmented into hospitals, clinics, and ambulatory surgical centers. The hospitals segment is expected to hold a dominant market share during the period of forecast (2020-2027). Patients with any disease and with any severity can be treated in hospitals as hospitals have access to most of the kinds of new technologies required for the treatment along with the presence of state-of-the-art and excellent infrastructure. Furthermore, the availability of registered medical practitioners, along with favorable reimbursement policies, also makes hospitals the preferred choice.

Source: Data M Intelligence Analysis (2019)

Geographical Analysis

North America is dominating the safety syringes market in 2018 and estimated to hold largest market size over the forecast period (2020-2027), owing to highly aware population, advanced healthcare infrastructure, favorable government initiatives, the introduction of new safety syringes in most of the healthcare establishments and presence of major companies in the region. Many companies present in the area are working towards new technological advancements and advanced safety syringes. The U.S. passed the Needlestick Safety and Prevention Act in November 2000. To date, this is the only national-level legislation mandating the use of safety-engineered devices in healthcare settings to reduce the risk of sharps injuries and blood exposures to healthcare workers. In U.S., under the Consolidated Appropriation Act of 2016, federal law permits use of funds from the Department of Health and Human Services (DHHS) to support syringe service programs with the exception that funds may not be used to purchase needles or syringes.

Asia-Pacific is expected to grow at the highest CAGR over the period of forecast due to high population base, development in healthcare infrastructure, and an increase in incidences of needlestick injuries. Many government and non-government organizations are working towards prevention of injuries caused by needlesticks. WHO and UNICEF are carrying out many safe immunization programs in the region to raise awareness. Asia has enormous potential for market growth; hence many large U.S. based companies are penetrating the region.

Source: Data M Intelligence Analysis (2019)

Competitive Landscape

Some of the major key players in the market are Becton Dickinson & Company, Smiths Medical Inc., Medtronic, Retractable Technologies, Inc., Terumo Corporation, Cardinal Health, JMI Syringes, and Medical Devices Limited, B. Braun Melsungen AG, Boston Scientific Corporation and NIPRO Medical Corporation.

In the safety syringes market, Becton, Dickinson, and Company hold the leadership position due to portfolio expansion, mergers, collaborations, and acquisitions. The key players are adopting various growth strategies such as new product launches, mergers & acquisitions, partnerships, and collaborations and increasing research and development and high investment which are contributing to the growth of the safety syringes market globally.

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​Table of Contents

  1. Safety Syringes Market Methodology and Scope

    1. Research Methodology
    2. Research Objective and Scope of the Report
  2. Safety Syringes Market – Market Definition and Overview

  3. Safety Syringes Market – Executive Summary

    1. Market Snippet by Product Type
    2. Market Snippet by End User
    3. Market Snippet by Region
    4. DataM CLO Scenario
  4. Safety Syringes Market Dynamics

    1. Market Impacting Factors
      1. Drivers
        1. Increase in the incidence of needlestick injuries
        2. Improvement in safety mechanism
        3. Favorable government initiatives
      2. Restraints
        1. The high cost of safety syringes
        2. Presence of alternative drug delivery methods
      3. Opportunity
      4. Impact Analysis
  5. Safety Syringes Market – Industry Analysis

    1. Porter's Five Forces Analysis
    2. Supply Chain Analysis
    3. Regulatory Analysis
    4. Epidemiology
  6. Safety Syringes Market – By Product Type

    1. Introduction
    2. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
    3. Market Attractiveness Index, By Product Type
    4. Retractable Safety Syringes
      1. Introduction
      2. Market Size Analysis, and Y-o-Y Growth Analysis (%), 2018-2026
      3. Manual
      4. Automatic
    5. Non-Retractable Safety Syringes
      1. Sliding Needle Cover Syringes
      2. Sheathing Tube Syringes
      3. Hinged Needle Cover Syringes
  7. Safety Syringes Market – By End User

    1. Introduction
    2. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End User
    3. Market Attractiveness Index, By End User
    4. Hospitals
      1. Introduction
      2. Market Size Analysis, and Y-o-Y Growth Analysis (%), 2018-2026
    5. Clinics
    6. Ambulatory Surgical Centers
  8. Safety Syringes Market – By Region

    1. Introduction
    2. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Region
    3. Market Attractiveness Index, By Region
    4. North America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End User
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. The U.S.
        2. Canada
        3. Mexico
    5. Europe
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End User
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Germany
        2. The U.K.
        3. France
        4. Italy
        5. Spain
        6. Rest of Europe
    6. South America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End User
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
    7. Asia-Pacific
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End User
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. China
        2. India
        3. Japan
        4. Australia
        5. Rest of Asia Pacific
    8. The Middle East and Africa
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End User
  9. Market – Competitive Landscape

    1. Competitive Scenario
    2. Competitor Safety Syringes Strategy Analysis
    3. Comparative Product Portfolio Analysis
    4. Market Positioning/Share Analysis
    5. Mergers and Acquisitions Analysis
  10. Company Profiles

    1. Becton Dickinson & Company *
      1. Company Overview
      2. Product Portfolio and Description
      3. Key Highlights
      4. Financial Overview
    2. Smiths Medical Inc.
    3. Medtronic
    4. Retractable Technologies, Inc.
    5. Terumo Corporation
    6. Cardinal Health
    7. JMI Syringes and Medical Devices Limited
    8. B. Braun Melsungen AG
    9. Boston Scientific Corporation
    10. NIPRO Medical Corporation
  11. Safety Syringes Market – Premium Insights

  12. Safety Syringes Market – DataM

    1. Appendix
    2. About Us and Services
    3. Contact Us

List of Tables & Figures

List of Tables

Table 1 Global Safety Syringes Market Value, By Product Type, 2018,2022 & 2027 ($ Million)
Table 2 Global Safety Syringes Market Value, By End User, 2018,2022 & 2027 ($ Million)
Table 3 Global Safety Syringes Market Value, By Region, 2018,2022 & 2027 ($ Million)
Table 4 Global Safety Syringes Market Value, By Product Type, 2018,2022 & 2027 ($ Million)
Table 5 Global Safety Syringes Market Value, By Product Type, 2017-2027 ($ Million)
Table 6 Global Safety Syringes Market Value, By End User, 2018,2022 & 2027 ($ Million)
Table 7 Global Safety Syringes Market Value, By End User, 2017-2027 ($ Million)
Table 8 Global Safety Syringes Market Value, By Region, 2018,2022 & 2027 ($ Million)
Table 9 Global Safety Syringes Market Value, By Region, 2017-2027 ($ Million)
Table 10 North America Safety Syringes Market Value, By Product Type, 2017-2027 ($ Million)
Table 11 North America Safety Syringes Market Value, By End User, 2017-2027 ($ Million)
Table 12 North America Safety Syringes Market Value, By Country, 2017-2027 ($ Million)
Table 13 South America Safety Syringes Market Value, By Product Type, 2017-2027 ($ Million)
Table 14 South America Safety Syringes Market Value, By End User, 2017-2027 ($ Million)
Table 15 South America Safety Syringes Market Value, By Country, 2017-2027 ($ Million)
Table 16 Europe Safety Syringes Market Value, By Product Type, 2017-2027 ($ Million)
Table 17 Europe Safety Syringes Market Value, By End User, 2017-2027 ($ Million)
Table 18 Europe Safety Syringes Market Value, By Country, 2017-2027 ($ Million)
Table 19 Asia-Pacific Safety Syringes Market Value, By Product Type, 2017-2027 ($ Million)
Table 20 Asia-Pacific Safety Syringes Market Value, By End User, 2017-2027 ($ Million)
Table 21 Asia-Pacific Safety Syringes Market Value, By Country, 2017-2027 ($ Million)
Table 22 Middle East & Africa Safety Syringes Market Value, By Product Type, 2017-2027 ($ Million)
Table 23 Middle East & Africa Safety Syringes Market Value, By End User, 2017-2027 ($ Million)
Table 24 Becton Dickinson & Company: Overview
Table 25 Becton Dickinson & Company: Product Portfolio
Table 26 Becton Dickinson & Company: Key Developments
Table 27 Smiths Medical Inc.: Overview
Table 28 Smiths Medical Inc.: Product Portfolio
Table 29 Smiths Medical Inc.: Key Developments
Table 30 Medtronic: Overview
Table 31 Medtronic: Product Portfolio
Table 32 Medtronic: Key Developments
Table 33 Retractable Technologies, Inc.: Overview
Table 34 Retractable Technologies, Inc.: Product Portfolio
Table 35 Retractable Technologies, Inc.: Key Developments
Table 36 Terumo Corporation: Overview
Table 37 Terumo Corporation: Product Portfolio
Table 38 Terumo Corporation: Key Developments
Table 39 Cardinal Health: Overview
Table 40 Cardinal Health: Product Portfolio
Table 41 Cardinal Health: Key Developments
Table 42 JMI Syringes and Medical Devices Limited: Overview
Table 43 JMI Syringes and Medical Devices Limited: Product Portfolio
Table 44 JMI Syringes and Medical Devices Limited: Key Developments
Table 45 B. Braun Melsungen AG: Overview
Table 46 B. Braun Melsungen AG: Product Portfolio
Table 47 B. Braun Melsungen AG: Key Developments
Table 48 Boston Scientific Corporation: Overview
Table 49 Boston Scientific Corporation: Product Portfolio
Table 50 Boston Scientific Corporation: Key Developments
Table 51 NIPRO Medical Corporation: Overview
Table 52 NIPRO Medical Corporation: Product Portfolio
Table 53 NIPRO Medical Corporation: Key Developments
 
List of Figures
Figure 1 Global Safety Syringes Market Share, By Product Type, 2018 & 2027 (%)
Figure 2 Global Safety Syringes Market Share, By End User, 2018 & 2027 (%)
Figure 3 Global Safety Syringes Market Share, By Region, 2018 & 2027 (%)
Figure 4 Global Safety Syringes Market Value, 2017-2027 ($ Million)
Figure 5 Global Safety Syringes Market Y-o-Y Growth, By Product Type, 2018-2027 (%)
Figure 6 Retractable Safety Syringes: Global Safety Syringes Market Value, 2017-2027 ($ Million)
Figure 7 Non-Retractable Safety Syringes: Global Safety Syringes Market Value, 2017-2027 ($ Million)
Figure 8 Manual: Global Safety Syringes Market Value, 2017-2027 ($ Million)
Figure 9 Automatic: Global Safety Syringes Market Value, 2017-2027 ($ Million)
Figure 10 Sliding Needle Cover Syringes: Global Safety Syringes Market Value, 2017-2027 ($ Million)
Figure 11 Sheathing Tube Syringes: Global Safety Syringes Market Value, 2017-2027 ($ Million)
Figure 12 Hinged Needle Cover Syringes: Global Safety Syringes Market Value, 2017-2027 ($ Million)
Figure 13 Global Safety Syringes Market Y-o-Y Growth, By End User, 2018-2027 (%)
Figure 14 Hospitals: Global Safety Syringes Market Value, 2017-2027 ($ Million)
Figure 15 Clinics: Global Safety Syringes Market Value, 2017-2027 ($ Million)
Figure 16 Ambulatory Surgical Centers: Global Safety Syringes Market Value, 2017-2027 ($ Million)
Figure 17 Global Safety Syringes Market Y-o-Y Growth, By Region, 2018-2027 (%)
Figure 18 North America Safety Syringes Market Value, 2017-2027 ($ Million)
Figure 19 North America Safety Syringes Market Share, By Product Type, 2018 & 2027 (%)
Figure 20 North America Safety Syringes Market Share, By End User, 2018 & 2027 (%)
Figure 21 North America Safety Syringes Market Share, By Country, 2018 & 2027 (%)
Figure 22 South America Safety Syringes Market Value, 2017-2027 ($ Million)
Figure 23 South America Safety Syringes Market Share, By Product Type, 2018 & 2027 (%)
Figure 24 South America Safety Syringes Market Share, By End User, 2018 & 2027 (%)
Figure 25 South America Safety Syringes Market Share, By Country, 2018 & 2027 (%)
Figure 26 Europe Safety Syringes Market Value, 2017-2027 ($ Million)
Figure 27 Europe Safety Syringes Market Share, By Product Type, 2018 & 2027 (%)
Figure 28 Europe Safety Syringes Market Share, By End User, 2018 & 2027 (%)
Figure 29 Europe Safety Syringes Market Share, By Country, 2018 & 2027 (%)
Figure 30 Asia-Pacific Safety Syringes Market Value, 2017-2027 ($ Million)
Figure 31 Asia-Pacific Safety Syringes Market Share, By Product Type, 2018 & 2027 (%)
Figure 32 Asia-Pacific Safety Syringes Market Share, By End User, 2018 & 2027 (%)
Figure 33 Asia-Pacific Safety Syringes Market Share, By Country, 2018 & 2027 (%)
Figure 34 Middle East & Africa Safety Syringes Market Value, 2017-2027 ($ Million)
Figure 35 Middle East & Africa Safety Syringes Market Share, By Product Type, 2018 & 2027 (%)
Figure 36 Middle East & Africa Safety Syringes Market Share, By End User, 2018 & 2027 (%)
Figure 37 Becton Dickinson & Company: Financials
Figure 38 Smiths Medical Inc.: Financials
Figure 39 Medtronic: Financials
Figure 40 Retractable Technologies, Inc.: Financials
Figure 41 Terumo Corporation: Financials
Figure 42 Cardinal Health: Financials
Figure 43 JMI Syringes and Medical Devices Limited: Financials
Figure 44 B. Braun Melsungen AG: Financials
Figure 45 Boston Scientific Corporation: Financials
Figure 46 NIPRO Medical Corporation: Financials

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