Global Safety Syringes Market Growth 2023-2029

Global Safety Syringes Market Growth 2023-2029

Safety syringes are integrated with safety mechanisms that protect patients and healthcare professionals from accidental needle stick injuries. High risk associated with the unsafe handling of syringes that may transfer HIV, Hepatitis B, Hepatitis C and other blood borne diseases, encourages healthcare workers to adopt syringes with safety features. There are two major types of safety syringes available in the market, namely, retractable safety syringes and non-retractable safety syringes. Retractable safety syringes can be further categorized as the automatic retractable safety syringes and manual retractable safety syringes. Sheathing tube syringes equipped with sliding needle covers and hinged needle covers are the examples of non-retractable safety syringes.

LPI (LP Information)' newest research report, the “Safety Syringes Industry Forecast” looks at past sales and reviews total world Safety Syringes sales in 2022, providing a comprehensive analysis by region and market sector of projected Safety Syringes sales for 2023 through 2029. With Safety Syringes sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Safety Syringes industry.

This Insight Report provides a comprehensive analysis of the global Safety Syringes landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Safety Syringes portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Safety Syringes market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Safety Syringes and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Safety Syringes.

The global Safety Syringes market size is projected to grow from US$ 16870 million in 2022 to US$ 67050 million in 2029; it is expected to grow at a CAGR of 67050 from 2023 to 2029.

Market competition is intense. The revenue proportion of top 3 is 61%. BD, Medtronic and Smiths Medical, etc. are the leaders of the industry.

This report presents a comprehensive overview, market shares, and growth opportunities of Safety Syringes market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Retractable

Non Retractable

Segmentation by application

Subcutaneous (Sub-Q)

Intramuscular (IM)

Intravenous (IV)

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

BD

Medtronic

Smiths Medical

Terumo Corporation

Retractable Technologies

Sol-Millennum

Métier Medical Limited

Medline

Globe Medical Tech

Key Questions Addressed in this Report

What is the 10-year outlook for the global Safety Syringes market?

What factors are driving Safety Syringes market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Safety Syringes market opportunities vary by end market size?

How does Safety Syringes break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.