DUBLIN--(BUSINESS WIRE)--The "Global Retractable Needle Safety Syringes Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2017 to 2025" report has been added to Research and Markets' offering.
The global retractable needle safety syringes market was valued at US$ 1,345 Mn in 2016, and is expected to reach US$ 2,345.7 Mn by 2025, expanding at a CAGR of 6.1% from 2017 to 2025.
According to WHO studies, almost 16 billion injections are administered every year; out of which a majority i.e. 90% is given in curative care. General trend of unsafe syringe practice is observed all over the world, especially in developing countries, which has led to transmission of infection amongst the patient and healthcare professional. Though the exact data is not available for disease burden associated with unsafe and reuse of syringe practices, but it would lead to disease such as haemorrhagic fevers such as Ebola and Marburg viruses, bacterial infection, malaria, and others.
The WHO has set guidelines for safe practice of syringe usage and developed a global campaign to promote injection safety. These safety guidelines would help to protect health workers against needle stick accidents and further exposure to infection. The guidelines have also recommended the usage of new smart syringes that would prevent reuse, urging countries to transition by 2020. Introduction of cost effective safety engineered syringes would drive the growth of the retractable needle safety syringes.
Companies Mentioned
- Axel Bio Corporation
- Becton, Dickinson and Company
- DMC Medical Limited
- Globe Medical Tech, Inc.
- Medtronic Plc
- Medigard Limited
- Retractable Technologies, Inc.
- Smiths Medical
- Sol-Millennium, Inc.
- UltiMed, Inc.
- Others
Key Topics Covered:
Chapter 1. Preface
Chapter 2. Executive Summary
Chapter 3. Retractable Needle Safety Syringes Market: Market Dynamics and Future Outlook
Chapter 4. Global Retractable Needle Safety Syringes Market, by Product Type, 2015 - 2025 (US$ Mn)
Chapter 5. Global Retractable Needle Safety Syringes Market, by End Users, 2015 - 2025 (US$ Mn)
Chapter 6. Global Retractable Needle Safety Syringes Market, by Geography, 2015 - 2025 (US$ Mn)
Chapter 7. Company Profiles
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