Safety Needles Market

The global Safety Needles market was valued at 269.98 Million USD in 2021 and will grow with a CAGR of 2.92% from 2021 to 2027, based on Research newly published report.

The prime objective of Safety Needles Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Safety Needles Market covers market segmentation by major market vendors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Safety Needles have a safety mechanism built into the needles to protect healthcare workers and others from accidental needlestick injuries. In an active system, clinicians activate the safety mechanism after the injection. In a passive system, the syringe automatically shields the needle after the injection.The classification of safety needles includes active safety needles and passive safety needles. And the proportion of active safety needles in 2017 is about 85.65%, and the proportion is in decreasing trend from 2013 to 2017. Safety needles is widely used in hospitals, clinics and other field. The most proportion of safety needles is used in hospitals, and the proportion in 2017 is about 68.32%. North America is the largest sales place, with a sales market share nearly 45.06% in 2017. Following North America, Europe is the second largest sales place with the market share of 25.33%.

By Market Vendors:

• BD
• Cardinal Health
• Terumo
• B. Braun
• Smiths Medical
• Novo Nordisk
• Nipro
• Yangzhou Medline
• DeRoyal
• Retractable Technologies

By Types:

• Active Safety Needles
• Passive Safety Needles

By Applications:

• Hospitals
• Clinics

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

• To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
• Assess the production processes, major issues, and solutions to mitigate the development risk.
• To understand the most affecting driving and restraining forces in the market and its impact in the global market.
• Learn about the market strategies that are being adopted by leading respective organizations.
• To understand the future outlook and prospects for the market.
• Besides the standard structure reports, we also provide custom research according to specific requirements