Safety needles possess an in-built safety mechanism and a detachable syringe. These syringes have gained traction in recent years, as they are designed considering user safety, and are easy to use. Increase in government focus on the prevention of reusable syringes and needlestick injuries has fueled the adoption of the safety needles across various medical settings. The major factor that fuels the growth of the market is rise in need for accurate dosage administration. In addition, advantages offered by the safety needles such as prevention of changes (changes in the pH and enzymatic activity) in drugs during administration propel the market growth. However, increase in preference of needle-free injection devices and surge in demand for microneedles restrain the growth of the safety needles market. Conversely, increase in government focus on mandating the use of safety needles across medical set-ups is expected to offer lucrative opportunities for the growth of the market.
The report segments the market on the basis of product, route of administration, end user, and region. Based on product, the market is bifurcated into active safety needles and passive safety needles. By route of administration, it is classified into intramuscular, subcutaneous, intravenous, and others. In terms of end user it is divided into hospitals, clinics, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in this report are Medtronic Plc., Becton, Dickinson and Company, Retractable Technologies, Inc., Terumo Corporation, Smiths Medical, B. Braun Melsungen AG, C. R. Bard, Inc., NIPRO Medical Corporation, Ethicon, Inc. (Subsidiary of Johnson & Johnson), and Novo Nordisk.
- The study provides an in-depth analysis of the global safety needles market with current trends and future estimations to elucidate the imminent investment pockets.
- It presents a quantitative analysis from 2016 to 2023 to enable the stakeholders to capitalize on prevailing market opportunities.
- Extensive analysis of the market by type assists to understand the various forms of safety needles available.
- Key players are profiled and their strategies are analyzed thoroughly, which predict the competitive outlook of the market.
Safety Needles Market Key Segmentation:
- Active Safety Needles
- Passive Safety Needles
By Route of Administration
By End User
- North America
- Rest of Europe
- Rest of Asia-Pacific
- Saudi Arabia
- South Africa
- Rest of LAMEA