The study is given to the analysis of the latest growth trends and prospects for the Retractable Needle Safety Syringes market.
The section ” Retractable Needle Safety Syringes Market” includes an examination of the situation in major sections of the Retractable Needle Safety Syringes market. The markets in European Union countries are examined in more detail, giving a timeline of financial results reported by major 3PL providers in 2017.
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.
The global retractable needle safety syringes market is segmented by product type into manual retractable syringes and automatic-retractable safety syringes. Manual retractable syringes dominate the retractable needle safety syringes, due to their wide usage and cost effectiveness. The market is also segmented by end users into hospitals, clinics and ambulatory surgery centres. Hospitals dominate the global retractable needle safety syringes market and is rapidly growing with WHO guideline for usage of “smart syringes”
As of the current market scenario, North America dominated the global retractable needle safety syringes market followed by Europe. Factors contributing to the growth of North America includes government initiative and regulation for safety practices, rise in incidence of needlestick injury and enhanced safety needles. Asia Pacific is the fastest growing retractable needle safety syringes market in forecast period.
Market Competition Assessment:
Key players in the global retractable needle safety syringes market are 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, UltiMed, Inc. and others.
“ Retractable Needle Safety Syringes Market” is a new report by us that explains how companies’ acquisition expenditures, media spend, business strategies, marketing and sales strategies and practices, and business plan are set to change in 2017-2018. This paper gives you access to the category-level spending forecasts, business challenges, budgets, supplier selection criteria, the current size of the marketing and promotion budgets and investment opportunities for senior-level officials. The report also identifies the expected growth of buyers and suppliers, capital expenditure, staff hiring, M and A, and e-procurement. This report not only gives access to the views and strategies of business decision makers and rivals but also examines their actions circling business priorities. The report also provides access to information categorized by company type and sizes, region,
Introduction and Landscape
Why was the report written?
This report is the result of an extensive survey drawn from Our Research’s elite panel of leading global senior level executives from enterprises such as such as medical devices, mining, packaging, power, oil, and gas, food and beverage, airports and pharmaceutical. The report covers key topics such as appropriation behaviors and strategies, the current size of the marketing and advertising budgets. Besides the report also recognizes the threats and possibilities, economic outlook trends, media channel spending outlooks, M and A expectations, marketing agency selection models, media budgets, business challenges and confidence among senior-level executives across various industries. Most secondary research papers are based on general industry drivers and do not understand the industry officials’ attitude and changing behaviors, creating a gap in showing the business opportunity of the industry. In an effort to bridge this gap, Our Research created this primary-research based report by selecting the opinions of various stakeholders in the value-chain of the industry
This report offers:
- Analysis of several products, and regions that would provide the clear understanding of the ongoing and future trends in the global Retractable Needle Safety Syringes market
- Assessment of market dynamics such as drivers, restraints, and opportunities prevalent in the market
- Quantitative assessment of the current market size and future estimations for the period from 2016 to 2026, along with CAGRs for the period from 2018 to 2026
- Company profiles that will highlight key information about the imperative players operating in the global Retractable Needle Safety Syringes devices market
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