The global Safety Needles market to grow at a CAGR of 8.21% during the period 2017-2021.
Global Safety Needles Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.
The latest trend gaining momentum in the market is mandatory use of safety needles. Globally, governments are imposing guidelines to use safety needles as a mandatory practice in healthcare centers. For instance, the US government has instructed to adhere to the Needle Stick Safety and Prevention Act, and this legislation needs to be stringently followed by the healthcare providers and workers.
According to the report, one of the major drivers for this market is growing need for greater patient compliance and accurate dosage. Parenteral drug administration by safety needles is popular for its increased bioavailability in the patient's blood stream. Drug delivery by safety needles not only eliminates the first pass metabolism of the drugs through oral delivery but also saves the drug from pH changes, enzymatic activity within the patient's body causing degradation to the drugs, variable transit time, and side effects due to drug metabolites. BD is offering a broad range of safety needles in 6mm, 8mm, and 12.7mm sizes, which help in the accurate dosage of medications.
Further, the report states that one of the major factors hindering the growth of this market is growing demand for needle-free injection devices and microneedles. Although safety needles are used widely, patients experience pain and other complications during their use. Owing to these factors, end-users are looking for alternative devices, such as needle-free injections. Driven by the advantage of painless drug delivery along with the increased safety and efficacy, needle-free injections and microneedles pose a big challenge to the safety needles market.
- Retractable Technologies
- Smiths Medical
Other prominent vendors
- B. Braun
- C.R. Bard
- Ethicon Endo-Surgery
- Excel International
- Hamilton Syringes & Needles
- Hi-Tech Medicare Devices
- International Medsurg Connection
- Jiangxi Sanxin Medtec
- MedPro Safety Products (MPSP)
- Nipro Medical
- Novo Nordisk
- Simply Surgical
- Vita Needle Company
For more information about this report visit https://www.researchandmarkets.com/research/c442kf/global_safety