Safety Syringes Market in 2013-2019: Transparency Market Research

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Transparency Market Research Safety Syringes Market Global Industry Analysis, Size, Volume, Share, Growth, Trends and Forecast, 2013 - 2019

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123 Page Report

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Press Release

Safety Syringes Market Expected to Reach USD 6.50 Billion Globally in 2019: Transparency Market Research

Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com


Safety Syringes Market

REPORT DESCRIPTION According to a new market report published by Transparency Market Research "Safety Syringes Market Global Industry Analysis, Size, Volume, Share, Growth, Trends and Forecast, 2013 - 2019," the global safety syringes market was valued at USD 3.41 billion in 2012 and is expected to grow at a CAGR of 9.7% from 2013 to 2019, to reach an estimated value of USD 6.50 billion by 2019. Safety syringes are integrated with safety mechanisms that protect patients and healthcare professionals from accidental needlestick 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. Browse the full Safety Syringes Market for Implantable Devices Report at http://www.transparencymarketresearch.com/retractable-safety-syringes.html Non-retractable safety syringes accounted for the larger share of the total market in 2012, both by revenue as well as volume. However, during the forecast period, retractable safety syringes are expected to experience greater demand than non-retractable safety syringes, mainly due to advantages offered by them such as improved safety, reduced time and ease of use. The market for retractable safety syringes has been anticipated to grow at a CAGR much higher than that of the syringes with protective shield during the forecast period from 2013 to 2019. Increasing cases of needlestick injuries, governmental legislation propelling manufacturers to develop syringes with safety mechanisms and continuous growth in injectable drugs market are some major growth factors driving the market for safety syringes worldwide. A study conducted by the Centers for Disease Control and Prevention (CDC) suggests that approximately 385,000 needlestick and other sharpsrelated injuries occur in the U.S. each year. Get Free Sample Report at http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2079 In order to ensure safety from accidental needlestick injuries, governments of various countries brought legislation in their respective countries mandating the use of safety syringes. The U.S. federal government signed the Needlestick Safety and Prevention Act into a law on November 6, 2000, compelling syringe and needle manufacturers to adopt product modifications in order to comply with the regulatory guidelines. Similarly, a legislation called TRBA 250 ensures the use of safety equipped syringes and needles across hospitals and physician offices in Germany. These legislations are expected to drive market growth by encouraging syringe companies to manufacture safety syringes in order to reduce injuries from

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needlestick and unsafe syringe usage. Similarly, the worldwide growth in the injectable drugs market will also drive the market growth for safety syringes. Browse Pharmaceutical Market Research Reports @ http://www.transparencymarketresearch.com/pharmaceutical-market-reports-1.html On the other hand factors such as high product cost and availability of alternative drug delivery methods including transdermal drug delivery, nasal delivery and skin-based delivery may hamper the market growth to some extent. Geographically, North America accounted for the largest share of the overall safety syringes market in 2012 in terms of value (USD Million) as well as volume (Million Units), followed by Europe. Governmental legislation mandating the use of safety syringes across the healthcare facilities has been a key factor driving the market growth in the region. In Asia-Pacific and Rest of the World (RoW) regions, lack of strict governmental legislation regarding the use of safety syringes has been one of the major factors restraining the market growth in these regions. However, during the forecast period 2013 to 2019, growing concerns for accidental needlestick injuries will play a key role in driving the market growth in these markets. Becton Dickinson & Company, Covidien plc, Retractable, Technologies, Inc., Revolutions Medical Corporation, Smiths Medical, Terumo Corporation and Unilife Corporation are some major players operating in the safety syringes market space.

TABLE OF CONTENT Chapter 1 Preface 1.1 Report Description 1.2 Market Segmentation 1.3 Research Methodology 1.3.1 Sources 1.3.1.1 Secondary Research 1.3.1.2 Primary Research

Chapter 2 Executive Summary 2.1 Market Snapshot: Global Safety Syringes Market 2.2 Comparative Analysis: Global Safety Syringes Market Revenue, by Geography, 2012 & 2019 (Value %)

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2.3 Comparative Analysis: Global Safety Syringes Market Volume, by Geography, 2012 & 2019 (Value %)

Chapter 3 Market Overview 3.1 Introduction 3.2 Market Dynamics 3.2.1 Drivers 3.2.1.1 Increasing cases of needlestick injuries 3.2.1.2 Governmental legislation propelling manufactures to develop syringes with safety mechanisms 3.2.1.3 Continuous growth in injectable drugs market 3.2.2 Restraints 3.2.2.1 High cost associated with safety syringes 3.2.2.2 Alternative drug delivery methods 3.2.3 Opportunities 3.2.3.1 Automatic retractable safety syringes

Browse the full Safety Syringes Market for Implantable Devices Report at http://www.transparencymarketresearch.com/retractable-safety-syringes.html

3.3 Porter’s Five Forces Analysis: Global Safety Syringes Market 3.3.1 Bargaining Power of Suppliers 3.3.2 Bargaining Power of Buyers 3.3.3 Threat of Substitutes 3.3.4 Threat of New Entrants 3.3.5 Competitive Rivalry

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3.4 Market Attractiveness Analysis for the Global Safety Syringes Market, by Geography 3.5 Competitive Landscape 3.5.1 Market Share by Key Player, 2012 (Value %)

Chapter 4 Global Safety Syringes Market, by Product Type 4.1 Overview 4.1.1 Global Safety Syringes Market Revenue, by Product Type, 2011 - 2019 (USD Million) 4.1.2 Global Safety Syringes Market Volume, by Product Type, 2011 - 2019 (Million Units) 4.2 Comparative Analysis: Global Safety Syringes Market Revenue, by Product Type, 2012 & 2019 (Value %) 4.3 Comparative Analysis: Global Safety Syringes Market Volume, by Product Type, 2012 & 2019 (Value %) 4.4 Retractable Safety Syringes 4.4.1 Global Retractable Safety Syringes Market Revenue, by Product Type, 2011 - 2019 (USD Million) 4.4.2 Global Retractable Safety Syringes Market Volume, by Product Type, 2011 - 2019 (Million Units) 4.4.3 Global Retractable Safety Syringes Market Revenue, by Geography, 2011 – 2019 (USD Million) 4.4.4 Global Retractable Safety Syringes Market Volume, by Geography, 2011 – 2019 (Million Units) 4.4.5 Automatic Retractable Safety Syringes 4.4.5.1 Global Automatic Retractable Safety Syringes Market Revenue,

2011 - 2019 (USD

Million) 4.4.5.1 Global Automatic Retractable Safety Syringes Market Volume,

2011 - 2019 (Million

Units) 4.4.6 Manual Retractable Safety Syringes 4.4.6.1 Global Manual Retractable Safety Syringes Market Revenue, 2011 - 2019 (USD Million) 4.4.6.1 Global Manual Retractable Safety Syringes Market Volume, 2011 - 2019 (Million Units) 4.5 Non Retractable Safety Syringes

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4.5.1 Global Non Retractable Safety Syringes Market Revenue, 2011 - 2019 (USD Million) 4.5.1 Global Non Retractable Safety Syringes Market Volume, 2011 - 2019 (Million Units) 4.5.2 Global Non Retractable Safety Syringes Market Revenue, by Geography, 2011 – 2019 (USD Million) 4.5.3 Global Non Retractable Safety Syringes Market Volume, by Geography, 2011 – 2019 (Million Units)

Chapter 5 Global Safety Syringes Market Revenue, by Geography 5.1 Overview 5.1.1 Global Safety Syringes Market Revenue, by Geography, 2011 - 2019 (USD Million) 5.1.2 Global Safety Syringes Market Volume, by Geography, 2011 - 2019 (Million Units) 5.2 North America 5.2.1 North America Safety Syringes Market Revenue, by Product Type, 2011 -22019 (USD Million) 5.2.4 North America Safety Syringes Market Volume, by Product Type, 2011 - 2019 (Million Units) 5.3 Europe 5.3.1 Europe Safety Syringes Market Revenue, by Product Type, 2011 - 2019 (USD Million) 5.3.2 Europe Safety Syringes Market Volume, by Product Type, 2011 - 2019 (Million Units) 5.4 Asia-Pacific 5.4.1 Asia-Pacific Safety Syringes Market Revenue, by Product Type, 2011 - 2019 (USD Million) 5.4.2 Asia-Pacific Safety Syringes Market Volume, by Product Type, 2011 - 2019 (Million Units) 5.5 Rest of the World 5.5.1 Rest of the World (RoW) Safety Syringes Market Revenue, by Product Type, 2011 - 2019 (USD Million) 5.5.2 Rest of the World (RoW) Safety Syringes Market Volume, by Product Type, 2011 - 2019 (Million Units)

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Chapter 6 Recommendations 6.1 Strategic mergers and acquisitions 6.2 Focus on developing automatic retractable safety syringes 6.3 Investing in rapidly growing market of Europe 6.4 Focusing on cost containment

Browse the full Safety Syringes Market for Implantable Devices Report at http://www.transparencymarketresearch.com/retractable-safety-syringes.html

Chapter 7 Company Profiles 7.1 Becton, Dickinson & Company 7.1.1 Company Overview 7.1.2 Financial Overview 7.1.3 Product Portfolio 7.1.4 Business Strategies 7.1.5 Recent Developments 7.2 Covidien plc 7.2.1 Company Overview 7.2.2 Financial Overview 7.2.3 Product Portfolio 7.2.4 Business Strategies 7.2.5 Recent Developments 7.3 Retractable Technologies, Inc. 7.3.1 Company Overview

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7.3.2 Financial Overview 7.3.3 Product Portfolio 7.3.4 Business Strategies 7.3.5 Recent developments 7.4 Revolutions Medical Corporation 7.4.1 Company Overview 7.4.2 Financial Overview 7.4.3 Product Portfolio 7.4.4 Business Strategies 7.4.5 Recent developments 7.5 Smiths Medical 7.5.1 Company Overview 7.5.2 Financial Overview 7.5.3 Product Portfolio 7.5.4 Business Strategies 7.5.5 Recent Developments

Browse the full Safety Syringes Market for Implantable Devices Report at http://www.transparencymarketresearch.com/retractable-safety-syringes.html

7.6 Terumo Corporation 7.6.1 Company Overview 7.6.2 Financial Overview 7.6.3 Product Portfolio

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7.6.4 Business Strategies 7.6.5 Recent Development 7.7 Unilife Corporation 7.7.1 Company Overview 7.7.2 Financial Overview 7.7.3 Product Portfolio 7.7.4 Recent Developments

About Us Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who 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. Contact: Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com/ Blog: http://tmrresearch.wordpress.com/

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