Global Retractable Safety Syringes Market Size, Share, Opportunities And Trends By Type (Manual Retractable Safety Syringes, Automated Retractable Safety Syringes), By End User (Hospitals And Clinics, Ambulatory Care Centres, Diagnostic Centres, Others) And By Geography - Forecasts From 2019 To 2024

The global retractable safety syringes market is expected to reach $XX billion by 2023 from $XX billion in 2017 growing at a CAGR of XX%. Retractable needle safety syringe is a type of safety syringe that comes along with integrated safety mechanism. The syringe is designed in such a way that once medication is delivered, the user has to apply extra pressure to the attached plunger to break the seal and to retract the needle into the syringe. Retractable syringes are also useful to prevent needle stick injuries and other reusable syringes related infections. The retractable syringes market is expected to show a modest growth at a CAGR of XX%. The growth may be attributed to the rising adoption of retractable safety syringes to prevent needlestick injuries as well as unsafe injection practices. Ease of use of retractable syringes is also major driver boosting the growth of the retractable syringes market during the given forecast period. However, stringent regulatory requirements for the market approval of the products coupled with the rising preference for the alternative drug delivery methods will restrain the market growth for the retractable safety syringes during the given time frame.

This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical region. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the global retractable safety syringes market value chain. Last step involves complete market engineering which includes analysing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the global retractable safety syringes market.

Major industry players profiled as part of the report are Becton, Dickinson and Company, Métier Medical Limited and Medtronic among others.

Segmentation

By Type

Manual Retractable Safety Syringes

Automated Retractable Safety Syringes

By End User

Hospitals and Clinics

Ambulatory Care Centres

Diagnostic Centres

Others

By Geography

North America

United States

Canada

Others

South America

Brazil

Argentina

Others

Europe

United Kingdom

Germany

France

Others

Middle East and Africa

Saudi Arabia

UAE

Israel

Others

Asia Pacific

China

India

Australia

South Korea

Others

Key questions answered by the report

What will be the global retractable safety syringes market size from 2018 to 2023?

How are the major drivers and restraints affecting the global retractable safety syringes market growth and the opportunities which exist for key vendors?

Which segment and region will drive or lead the market growth and why?

A comprehensive analysis of competitive landscape and key market participants’ behaviour

Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth

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