Press release
Global Auto-retractable Safety Syringe Sales Market will reach 2630 million US$ by the end of 2025
Auto-retarctable Safety Syringe has a safety mechanism built into the syringe. The needle on auto-retarctable safety syringe can be detachable or permanently attached. On some models, a sheath is placed over the needle or the needle retracts into the barrel following injection to protect healthcare workers and others from accidental needlestick injuries.
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The global average price of Auto-retarctable Safety Syringe is in the decreasing trend, from 506 USD/ K Units in 2011 to 501 USD/K Units in 2015. With the situation of global economy, prices will be in decreasing trend in the following five years.
The classification of Auto-retarctable Safety Syringe includes 0.5 ml, 1 ml, 3 ml, 5 ml and others. The proportion of 3ml Auto-retarctable Safety Syringe in 2015 is about 46.7%, and the proportion of 1ml Auto-retarctable Safety Syringe in 2015 is about 28.8%.
Auto-retarctable Safety Syringe is application in Subcutaneous (Sub-Q) and Intramuscular (IM) and Intravenous (IV). The most proportion of Auto-retarctable Safety Syringe is used in Intramuscular (IM), and the market share in 2015 is about 78.7%.
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North America region is the largest supplier of Auto-retarctable Safety Syringe, with a production market share nearly 68.2% in 2015. Europe is the second largest supplier of Auto-retarctable Safety Syringe, enjoying production market share about 23.1% in 2015.
North America is the largest consumption place, with a consumption market share nearly 44.3% % in 2015. Following North America, Europe is the second largest consumption place with the consumption market share of 29.8%.
Market competition is not intense. BD, Medtronic, Retractable Technologies, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry. With the development of society and the changing of consumer demand, the auto-retarctable safety syringe industry will be more and more popular in the future.
The global Auto-retractable Safety Syringe market is valued at 1280 million US$ in 2017 and will reach 2630 million US$ by the end of 2025, growing at a CAGR of 9.4% during 2018-2025.
The major players covered in this report
BD
Medtronic
Retractable Technologies
Globe Medical Tech
Revolutions Medical
DMC Medical
Q Stat
Medicina
Haiou Medical
Mediprim
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