openPR Logo
Press release

Retractable Needle Safety Syringes Market To 2016: Top Industry Players, Revenue By 2024

09-11-2018 12:31 PM CET | Health & Medicine

Press release from: Transparency Market Research 

Retractable Needle Safety Syringes Market To 2016: Top Industry

The Asia Pacific Retractable Needle Safety Syringes market exhibits a quite consolidated vendor landscape, as found by a new market intelligence report by Transparency Market Research (TMR). The four of the top players, namely, Retractable Technologies Inc., Smiths Medical, Medtronic Plc, Dickinson and Co., and Becton held around more than 95% of the said market in the year 2015.

View Report:

These enterprises that are focusing quite aggressively on making an expansion of their business operations across the said region, for which they are adding considerable strength to their network of distribution. In addition to that, they are also involving themselves with strategic alliance so as to gain a strong foothold in the said market.

Request a Sample of the Report @

In accordance with the research by Transparency Market Research (TMR), the market for retractable needle safety syringes in the region of Asia Pacific stood at around US$ 236.7 mn in the year 2016. Expanding at an impressive CAGR of 8.90% over the period of forecast that extends from the year 2016 to the year 2024, the opportunity in the said market is estimated to reach a valuation of around US$ 467.2 mn by the end of the period of forecast. The segment of hospitals has come up as the leading end user of the market for retractable needle safety syringes in the region of Asia Pacific. Owing to the soaring insurance coverage, this segment is likely to remain the major contributor to this market in the years to come.

Japan to Continue with its Dominance throughout the Period of Forecast

Taking region into consideration, Japan is expected to emerge as the dominant market for retractable needle safety syringes in the region of Asia Pacific. Growing at a robust rate of growth of 9.1% CAGR, the country is estimated to continue with dominance through the course of the period of forecast. Consumers in Japan are more aware and this has led to the earlier adoption of medical practices and novel therapeutics. This, together with the expanding base of geriatric population, increased willingness to spend on advanced treatments, and the soaring incidence of diabetes have thereby generated a fertile terrain for the said market to thrive in Japan. Besides, opportunities are very likely to bolster in the said market in India as well.

Increased Awareness Amongst People to Stimulate Market Growth

With various government institutions focusing on the promotion of safe injection practices by inspiring people to make a shift to safe syringes, this market is expected to rise exponentially in the years to come. Countries such as India and other nations in the Southeast Asia are more and more collaborating with the WHO so as to encourage the utilization of safe syringes in a bid to avoid the proliferation of deadly diseases.

Request a Brochure of the Report @

Apart from this, the market is also anticipated to gain substantially over the period of forecast from numerous factors, like the growing awareness pertaining to the benefits offered by retractable needle safety syringes, increasing shift of people towards self-administration of drugs, and technological advancements.

The information shared that ahs been in this review is based on a TMR report titled, “Retractable Needle Safety Syringes Market (Product Type – Manual and Automated; End Users – Hospitals, Clinics, and Ambulatory Surgery Centers) – Asia Pacific Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024.”

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

Contact Us

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Retractable Needle Safety Syringes Market To 2016: Top Industry Players, Revenue By 2024 here

News-ID: 1232900 • Views: 168

More Releases from Transparency Market Research 

Image Guided Surgery Devices Market Analysis and Research Report by Experts 2025
The global image guided surgery devices market is directly reliant on the development of healthcare across various regional longitudes of the world. As the healthcare industry make rapid advancements across a number of its sub-domains, the market for global image guided surgery devices would see the entry of new players into the market. The competition is expected to intensify in the coming years and wreak the need for proper strategizing
Laboratory Centrifuge Market Growth, Trends and Demands Research Report and Fore …
The players in the worldwide laboratory centrifuge market are concentrating on item launch with a technological distinction. The focused scene is broadly divided because of solid emergence of a few players. Organizations are likewise foreseen that they would concentrate on clinical trials, joint ventures, research and development, mergers, and acquisitions to stay in ahead of the opposition. A portion of the main players in the worldwide laboratory centrifuge market are
Surgical Drapes Market Competitive Strategies, Regional Analysis Forecast 2024
The global surgical drapes market exhibit the presence of several tier 1, tier 2, and tier 3 companies. This is indicative of a highly competitive vendor landscape. According to a new study by Transparency Market Research (TMR), some of the prominent companies operating in the global surgical drapes market have resorted to strategies such as product differentiation, aggressive pricing, and product upgrades to buoy competitive strength. Besides these, several companies
Heparin Market Precise Analysis on Business Overview, Product Scope And Ongoing …
The global heparin market is expected to become progressively competitive over the forthcoming years. This is due to the strengthening position of the leading market players in the global market for heparin. Several initiatives have been taken by the leading market players to retain their strong foothold over the market. Intensive research and development along with effective marketing hacks have been the key highlights of the business strategy of the

All 5 Releases

More Releases for TMR

TMR Research
Global 3D Animation Market: Snapshot The evolution and introduction of three-dimensional (3D) animation has given the world of animation a new perspective. The process of creating 3D moving images in a digital space through objects or models has given these illusions depth. One of the most fundamental differences between 2D animation and 3D animation is the technique used for creating the images and the way they look. The global 3D animation
Various strategies are leveraged by success-hungry players in the global hyperbaric oxygen therapy devices market. One of them is the thrust on research and development to come up with new or better products. Their focus is on building cost-effective medical devices that would see greater uptake. Strategic partnerships are also being undertaken by them to diversify product portfolios and gain greater share. Further, companies are shifting their gaze to developing
Monolithic Ceramics Market Analysis : TMR
Transparency Market Research has published a new market report titled “Monolithic Ceramics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.” According to the report, the global monolithic ceramics market was valued at US$ 19.43 Bn in 2014 and is anticipated to reach US$ 36.64 Bn by 2023, expanding at a CAGR of 7.3% between 2015 and 2023. Request to view Sample Report: Monolithic ceramics are
TMR - 3D Printing Materials Market by 2020
The global 3D printing materials market will exhibit a CAGR of 18.0% between 2014 and 2020. The market was valued at US$450 mn in 2013 and is expected to reach US$1.4 bn by the end of 2020, according to a research report released by Transparency Market Research. The report titled “3D Printing Materials - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020” is available for sale
Wax Market Analysis : TMR
A recent research report published by Transparency Market Research projects the global wax market to expand at a CAGR of 2.6% during the period between 2014 and 2020. The report, titled “Wax Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,” estimates the global wax market to be worth US$8.98 bn by 2020. The overall market stood at a valuation of US$8.21 bn in 2013
Sulfone Polymers Market Analysis : TMR
Global Sulfone Polymers Market: Snapshot Several grades/varieties of sulfone polymers have gained vast applicability across a number of industries in the past few years. The relatively higher level of resistance wear and corrosion provided by these materials as compared to metals have increased their usage in medical devices and implants. Owing to their high transparency resistance, low weight, and high performance, the demand for sulfone polymers is also rising in the