If you purchase this report now and we update it in next 100 days, get it free!
Introduction
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.
Market Insights
According to our Publisher’s latest study, the global Safety Syringes market size was valued at US$ 16870 million in 2023. With growing demand in downstream market, the Safety Syringes is forecast to a readjusted size of US$ 67050 million by 2030 with a CAGR of 21.8% during review period.
What's Inside a Bonafide Research`s industry report?
A Bonafide Research industry report provides in-depth market analysis, trends, competitive insights, and strategic recommendations to help businesses make informed decisions.
Market competition in Safety Syringe Market is intense. The revenue proportion of top 3 is 61%. BD, Medtronic and Smiths Medical, etc. are the leaders of the industry.
The companies that are operating in the safety syringes market include BD (Becton, Dickinson and Company), Cardinal Health, Inc., Terumo Corporation, B. Braun Melsungen AG, and Smiths Medical and others.
Key Features:
The report on Safety Syringes market reflects various aspects and provide valuable insights into the industry.
Make this report your own
Have queries/questions regarding a report
Take advantage of intelligence tailored to your business objective
Manmayi Raval
Research Consultant
Market Drivers and Challenges:
Market Drivers-
Strict Government Regulations: Safety syringe use in healthcare settings is required by strict standards and regulations implemented by regulatory agencies worldwide. For example, the United States' Needlestick Safety and Prevention Act mandates the use of safety-engineered equipment in medical facilities, such as safety syringes.
A Growing Emphasis on Patient Safety: Safety syringes serve to safeguard medical personnel as well as lower the possibility of unintentional needlestick injuries to patients. Safety syringe adoption is being driven by the increased focus on patient safety and the avoidance of cross-contamination in a variety of healthcare settings.
Heightened knowledge: The market has expanded because of healthcare professionals' growing knowledge of the dangers of needlestick injuries and the advantages of safety syringes. Initiatives in education and training programs further support the importance of adopting safe injection practices.
Don’t pay for what you don’t need. Save 30%
Customise your report by selecting specific countries or regions
Market Challenges-
Market adoption may be hampered by healthcare professionals' resistance to change and unwillingness to adjust to new technology. These professionals are accustomed to using traditional syringes.
Cost Repercussions: Because safety syringes are more expensive than regular syringes, healthcare facilities may be reluctant to use them, especially in impoverished nations. Nonetheless, the initial investment is surpassed by the long-term advantages in terms of lower healthcare costs related to needlestick injuries.
Technological Developments:
Retractable Needles: Retractable needle syringes reduce the possibility of needlestick injuries and unintentional reuse by retracting the needle back into the syringe barrel after use.
Automated Needle Shielding: By automatically withdrawing a protective barrier around the needle, safety syringes with automated needle shielding mechanisms lower the possibility of unintentional needlestick injuries during disposal.
Recommendations and Opportunities:
Programs for Raising Awareness and Training: Medical facilities ought to concentrate on teaching medical staff members about the advantages of safety syringes and the possible hazards connected with needlestick injuries. Adoption of safety procedures can be facilitated and awareness raised via training programs.
Collaboration and Partnerships: To develop and implement strategies for the widespread adoption of safety syringes, syringe manufacturers should work with regulatory agencies, healthcare groups, and policymakers. These collaborations have the potential to promote legislative modifications and guarantee the supply of secure and efficient equipment.
Market Forecasts and Future Outlook:
Increased regulatory requirements, growing public awareness of needlestick injuries, and technological improvements in safety syringes are expected to propel the safety syringes market into a substantial expansion. Safety syringe demand is predicted to rise as healthcare systems prioritize staff and patient safety, offering profitable prospects for industry participants.
Market Size and Growth: The research report provide an overview of the current size and growth of the Safety Syringes market. It may include historical data, market segmentation by Type (e.g., Retractable, Non Retractable), and regional breakdowns.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Safety Syringes market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Safety Syringes market. It includes factors influencing customer ' purchasing decisions, preferences for Safety Syringes product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Safety Syringes market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Safety Syringes market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assesses the environmental impact and sustainability aspects of the Safety Syringes market.
Market Segmentation:
Safety Syringes market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Retractable
Non Retractable
Segmentation by application
Subcutaneous (Sub-Q)
Intramuscular (IM)
Intravenous (IV)
Segmentation 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
Key Players
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
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Safety Syringes Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Safety Syringes by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Safety Syringes by Country/Region, 2019, 2023 & 2030
2.2 Safety Syringes Segment by Type
2.2.1 Retractable
2.2.2 Non Retractable
2.3 Safety Syringes Sales by Type
2.3.1 Global Safety Syringes Sales Market Share by Type (2019-2024)
2.3.2 Global Safety Syringes Revenue and Market Share by Type (2019-2024)
2.3.3 Global Safety Syringes Sale Price by Type (2019-2024)
2.4 Safety Syringes Segment by Application
2.4.1 Subcutaneous (Sub-Q)
2.4.2 Intramuscular (IM)
2.4.3 Intravenous (IV)
2.5 Safety Syringes Sales by Application
2.5.1 Global Safety Syringes Sale Market Share by Application (2019-2024)
2.5.2 Global Safety Syringes Revenue and Market Share by Application (2019-2024)
2.5.3 Global Safety Syringes Sale Price by Application (2019-2024)
3 Global Safety Syringes by Company
3.1 Global Safety Syringes Breakdown Data by Company
3.1.1 Global Safety Syringes Annual Sales by Company (2019-2024)
3.1.2 Global Safety Syringes Sales Market Share by Company (2019-2024)
3.2 Global Safety Syringes Annual Revenue by Company (2019-2024)
3.2.1 Global Safety Syringes Revenue by Company (2019-2024)
3.2.2 Global Safety Syringes Revenue Market Share by Company (2019-2024)
3.3 Global Safety Syringes Sale Price by Company
3.4 Key Manufacturers Safety Syringes Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Safety Syringes Product Location Distribution
3.4.2 Players Safety Syringes Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Safety Syringes by Geographic Region
4.1 World Historic Safety Syringes Market Size by Geographic Region (2019-2024)
4.1.1 Global Safety Syringes Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Safety Syringes Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Safety Syringes Market Size by Country/Region (2019-2024)
4.2.1 Global Safety Syringes Annual Sales by Country/Region (2019-2024)
4.2.2 Global Safety Syringes Annual Revenue by Country/Region (2019-2024)
4.3 Americas Safety Syringes Sales Growth
4.4 APAC Safety Syringes Sales Growth
4.5 Europe Safety Syringes Sales Growth
4.6 Middle East & Africa Safety Syringes Sales Growth
5 Americas
5.1 Americas Safety Syringes Sales by Country
5.1.1 Americas Safety Syringes Sales by Country (2019-2024)
5.1.2 Americas Safety Syringes Revenue by Country (2019-2024)
5.2 Americas Safety Syringes Sales by Type
5.3 Americas Safety Syringes Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Safety Syringes Sales by Region
6.1.1 APAC Safety Syringes Sales by Region (2019-2024)
6.1.2 APAC Safety Syringes Revenue by Region (2019-2024)
6.2 APAC Safety Syringes Sales by Type
6.3 APAC Safety Syringes Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Safety Syringes by Country
7.1.1 Europe Safety Syringes Sales by Country (2019-2024)
7.1.2 Europe Safety Syringes Revenue by Country (2019-2024)
7.2 Europe Safety Syringes Sales by Type
7.3 Europe Safety Syringes Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Safety Syringes by Country
8.1.1 Middle East & Africa Safety Syringes Sales by Country (2019-2024)
8.1.2 Middle East & Africa Safety Syringes Revenue by Country (2019-2024)
8.2 Middle East & Africa Safety Syringes Sales by Type
8.3 Middle East & Africa Safety Syringes Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Safety Syringes
10.3 Manufacturing Process Analysis of Safety Syringes
10.4 Industry Chain Structure of Safety Syringes
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Safety Syringes Distributors
11.3 Safety Syringes Customer
12 World Forecast Review for Safety Syringes by Geographic Region
12.1 Global Safety Syringes Market Size Forecast by Region
12.1.1 Global Safety Syringes Forecast by Region (2025-2030)
12.1.2 Global Safety Syringes Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Safety Syringes Forecast by Type
12.7 Global Safety Syringes Forecast by Application
13 Key Players Analysis
13.1 BD
13.1.1 BD Company Information
13.1.2 BD Safety Syringes Product Portfolios and Specifications
One individual can access, store, display, or archive the report in Excel format but cannot print, copy, or share it. Use is confidential and internal only. Read More
One individual can access, store, display, or archive the report in PDF format but cannot print, copy, or share it. Use is confidential and internal only. Read More
Up to 10 employees in one region can store, display, duplicate, and archive the report for internal use. Use is confidential and printable. Read More
All employees globally can access, print, copy, and cite data externally (with attribution to Bonafide Research). Read More