What is Safety Needles Market?
Safety needles are the needles designed for delivering drugs and collecting fluids from the body with safety features to avoid needlestick injuries. These needles are made from high-quality stainless steel material and a micro-siliconized precision bevel, which provides a particularly easy puncture. These needles are single-handed, a needle-based safety device that can be used with any size conventional syringe.
The market study is being classified by Type (Active Safety Needles and Passive Safety Needles) and major geographies with country level break-up.
Medtronic plc (Ireland), Becton, Dickinson and Company (United States), Retractable Technologies, Inc. (United States), Terumo Corporation (Japan), Smiths Medical, Inc. (United States), B. Braun (Germany), DeRoyal Industries (United States), Ethicon Endo-Surgery (United States) and Hi-Tech Medicare Devices (India) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Vogt Medical Vertrieb GmbH (Germany) and Greiner Bio-One (Austria).
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Safety Needles market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Safety Needles market by Type, Application and Region.
On the basis of geography, the market of Safety Needles has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increased Number of Hospitals and Clinics
- Rise in the Healthcare Infrastructure in Developing Countries
- Robust Increase in the Distribution Channels
- Fluctuations in the Raw Material Prices
- Growing Demand from End-users
- Growth in the Healthcare Industry Worldwide
- Stringent Rules and Regulations in Some Regions
Market Leaders and some development strategies
In December 2018, Terumo Corporation has announced that a biosimilar, which uses the company’s PLAJEX pre-fillable syringe, has launched in Europe. Terumo manufactures the product Hulio, a biosimilar to Humira (adalimumab), on contract. This marks an important milestone, as the first overseas commercial launch for PLAJEX.
Key Target AudienceSafety Needles Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies, Research Professionals and End-users
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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