Safety Needles Market Forecasts – Albert David, DeRoyal, Hindustan Syringes & Medical Devices Limited, Hi-Tech Syringes

Safety needles are hollow, cylindrical needles with a puncture point at the pointed tip, utilized to inject solutions through subcutaneous, intravenous, and intramuscular modes for rapid uptake of substances such as insulin, vaccines, and others. These are used to extract body fluids for diagnosis. The global safety needles market accounted for $1,607 million in 2017, and is anticipated to reach $3,922 million by 2025, registering a CAGR of 12.1% from 2018 to 2025.

The growth in incidence of needle stick injuries, implementation of stringent compliance for using safety needles, and surge in demand for injectable drugs & vaccines drive the growth of the global safety needles market. In addition, rise in incidence of chronic diseases, particularly diabetes augments the growth of the market. However, high cost of safety needles, availability of alternative modes of drug delivery, and unawareness regarding safety syringes hamper the market growth. Nevertheless, untapped emerging economies, such as India and Japan, present lucrative opportunities for the growth of the global safety needles market.

Request for a sample copy of this report @ https://www.bigmarketresearch.com/request-sample/2801550/?utm_source=OPR&utm_medium=SBL

The global safety needles market is segmented based on product, end user, and region both in terms of value and volume. Based on product, the market is bifurcated into active safety needles and passive safety needles. Active safety needle segment holds the major share in the global safety needle market as they are increasingly adopted as a safety engineered device for the administration of vaccines and medications. Based on end user, the global safety needles market is segmented into hospitals, diabetic patients, family practices, psychiatrics, and others. The hospital segment dominates the global safety needles market and is growing significantly with WHO guidelines for safe practice of needle usage and global campaign to encourage injection safety.

Based on region, this market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America accounted for the largest market share in 2017 and is expected to retain its dominance throughout the forecast period. This is primarily attributed to the higher buying power and stringent regulations that favor the utilization of safety needles in this region. Further, there is an increased awareness regarding the risk of cross infection (such as hepatitis, HIV, and AIDS) and needle stick injuries in this region. However, Asia-Pacific is expected to emerge as a lucrative area with maximum growth potential, owing to the improvement in healthcare facilities, available disposable income, and rapidly developing economic conditions.

Product development is the key strategy adopted by market players. The report provides a comprehensive analysis of the key players that operate in the global safety needles market.

Request for a Discount of this report @ https://www.bigmarketresearch.com/request-for-discount/2801550/?utm_source=OPR&utm_medium=SBL

Key Players Profiled
Medtronic plc
Becton, Dickinson and Company (BD)
Retractable Technologies, Inc.
Terumo Medical Corporation
Smiths Group Plc.
B. Braun Melsungen AG
MedPro Safety Products, Inc.
Nipro Corporation
Johnson & Johnson (Ethicon Inc.)
Novo Nordisk

Key Benefits for Safety Needles Market:

The study provides an in-depth analysis of the global safety needles market along with the current trends and future estimations to elucidate the imminent investment pockets.
The report presents quantitative analysis of the market for the period of 2018‐2025 to enable stakeholders to capitalize on the prevailing market opportunities.
Extensive analysis of the market based on product type assists in understanding the trends in the industry.
Key market players along with their strategies are thoroughly analyzed to understand the competitive outlook of the industry.

Safety Needles Key Market Segments:

By Product
Active Safety Needles
Passive Safety Needles

By End User
Hospitals
Diabetic Patients
Family Practices
Psychiatrics
Others

By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
Australia
India
South Korea
Taiwan
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA

Other players in the value chain include (profiles not included in the report)
Albert David
DeRoyal
Hindustan Syringes & Medical Devices Limited
Hi-Tech Syringes
International Medsurg Connection
Medline Industries, Inc
Unilife Corporation
Vita Needle Company
Vygon

Table of content:

CHAPTER 1: INTRODUCTION

1.1. Report description

1.2. Key benefits for stakeholders

1.3. Key market segments

1.3.1. List of key players profiled in the report

1.4. Research methodology

1.4.1. Secondary research

1.4.2. Primary research

1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. Key findings of the study

2.1.1. CXO perspective

CHAPTER 7: COMPANY PROFILES

7.1. B. Braun Melsungen AG

7.1.1. Company overview

7.1.2. Company snapshot

7.1.3. Operating business segments

7.1.4. Product portfolio

7.1.5. Business performance

7.1.6. Key strategic moves and developments

7.2. Becton, Dickinson and Company

7.2.1. Company overview

7.2.2. Company snapshot

7.2.3. Operating business segments

7.2.4. Product portfolio

7.2.5. Business performance

7.2.6. Key strategic moves and developments

7.3. Johnson & Johnson (Ethicon, Inc.)

7.3.1. Company overview

7.3.2. Company snapshot

7.3.3. Operating business segments

7.3.4. Product portfolio

7.3.5. Business performance

7.4. Medpro Safety Products, Inc.

7.4.1. Company overview

7.4.2. Company snapshot

7.4.3. Operating business segments

7.4.4. Product portfolio

7.5. Medtronic PLC

7.5.1. Company overview

7.5.2. Company snapshot

7.5.3. Operating business segments

7.5.4. Product portfolio

7.5.5. Business performance

7.5.6. Key strategic moves and developments

7.6. Nipro Corporation

7.6.1. Company overview

7.6.2. Company snapshot

7.6.3. Operating business segments

7.6.4. Product portfolio

7.6.5. Business performance

7.6.6. Key strategic moves and developments

7.7. Novo Nordisk

7.7.1. Company overview

7.7.2. Company snapshot

7.7.3. Product portfolio

7.7.4. Business performance

7.8. Retractable Technologies, Inc.

7.8.1. Company overview

7.8.2. Company snapshot

7.8.3. Operating business segments

7.8.4. Product portfolio

7.9. Smiths Group PLC.

7.9.1. Company overview

7.9.2. Company snapshot

7.9.3. Operating business segments

7.9.4. Product portfolio

7.9.5. Business performance

7.10. Terumo Medical Corporation

7.10.1. Company overview

7.10.2. Company snapshot

7.10.3. Operating business segments

7.10.4. Product portfolio

7.10.5. Business performance

Enquiry Before Buying @ https://www.bigmarketresearch.com/purchase-enquiry/2801550/?utm_source=OPR&utm_medium=SBL

About Us:

Big Market Research has a range of research reports from various publishers across the world. Our database of reports of various market categories and sub-categories would help to find the exact report you may be looking for.

We are instrumental in providing quantitative and qualitative insights on your area of interest by bringing reports from various publishers at one place to save your time and money. A lot of organizations across the world are gaining profits and great benefits from information gained through reports sourced by us.

Contact Us:

 5933 NE Win Sivers Drive, #205, Portland,

 OR 97220 United States

 call answer Direct:+1-971-202-1575

 call answer Toll Free:+1-800-910-6452

 email help@bigmarketresearch.com

This release was published on openPR.