United States Safety Needles Market Outlook and Opportunity Analysis Report 2021 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "U.S. Safety Needles Market - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027" report has been added to ResearchAndMarkets.com's offering.

This report provides in-depth analysis of the U.S. safety needles market, and provides market size (US$ Mn) and compound annual growth rate (CAGR) (%) for the forecast period (2020-2027)

Key companies are focusing on inorganic strategies such as merger and acquisitions, is expected to drive the U.S. safety needles market.

For instance, in July 2017, Cardinal Health, Inc, American multinational health care services company, acquired Patient Recovery Business from Medtronic for US$ 6.1 billion. Patient Recovery Business manufactures 23 medical product categories and sells into multiple healthcare channels. The acquisition increased the medical segment's portfolio of self-manufactured products for Cardinal Health.

Moreover, key companies are focusing on investment in expanding their medical devices product portfolio to strengthen their positioning in the market. For instance, in 2019, Nipro Corporation, a medical equipment manufacturing company, announced plans to invest US$ 21 million in JMI Syringes & Medical Devices Ltd., a medical devices manufacturing company, in order to expand its disposable medical devices such as syringes and needles portfolio mainly in North America and Asia Pacific

Key players are focusing on product launches and product approvals to strengthen their presence in the U.S. safety needles market. For instance, in May 2016, Retractable Technologies Inc, a company designs, develops, manufactures, and markets safety needle devices for the healthcare industry, announced the launch of Easy point needles.

The safety Easy point needles are developed through automated retraction technology and can be used with luer lock technology, and started marketing and selling of the product mainly in the U.S.

Detailed Segmentation:

U.S. Safety Needles Market, By Product Type:

• Fine Aspirating Needle
• Biopsy Needle
• Hypodermic Needle
• Pen Needle
• Suture Needle
• IV Catheter Needle
• Huber Needle
• Blood Collection Needle
• Spinal Anesthesia and Epidural Needle
• Prefilled Syringe Needle
• A.V. Fistula Needle
• Cannula Needle
• Retractable Syringes

U.S. Safety Needles Market, By Application:

• Sample Collection
• Drug Delivery

U.S. Safety Needles Market, By End User:

• Hospitals
• Physician Offices
• Nursing Home
• Dental Laboratories
• Diagnostic Centers
• Ambulatory Surgical Centers
• Homecare Settings
• Others

Company Profiles

• Medtronic Plc.
• Company Overview
• Material Portfolio
• Financial Performance
• Key Highlights
• Market Strategies
• Becton, Dickinson and Company
• Boston Scientific Corporation
• Smith Medical
• Abbott Laboratories
• Argon Medical Devices, Inc.
• Novo Nordisk A/S
• Terumo Corporation
• Eli Lilly and Company
• Nipro Corporation
• B.Braun Melsungen AG
• Revolutions Medical Corporation
• Retractable Technologies, Inc.
• SOL-MILLENNUM
• UltiMed, Inc.
• Axel Bio Corporation, Inc.
• Cardinal Health, Inc.
• Vygon S.A.
• Gerresheimer AG

For more information about this report visit https://www.researchandmarkets.com/r/ot0wbw