Global Safety Needles Market - Forecasts from 2019 to 2024
The global safety needles market is expected to reach $604.280 million by 2024 from $320.875 million in 2018 growing at a CAGR of 11.13%. Safety needles have an inbuilt safety mechanism to avoid needlestick injuries while collecting fluids and delivering drugs to the body and comes with a detachable syringe. The syringes are designed considering user safety and ease of drug administration. The market is expected to show robust growth during the forecast period. The growth may be attributed to the increasing focus of the healthcare professionals as well as patients on the prevention of reusable syringes and needlestick injuries. The key players in the market are also enhancing their product portfolio by focusing on the production of innovative needles with safety features which will further drive the growth of the market. Government regulations such as the Needlestick Safety and Prevention Act (in the US) and similar safety laws adopted in various regions will also support the growth of the safety needles market during the given period. However, the availability of alternative drug delivery methods coupled with the rising adoption of the microneedles will restrict the growth of the market during the given forecast period.
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 regions. 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 safety needles 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 safety needles market.
Major industry players profiled as part of the report are Becton, Dickinson and Company and B. Braun Melsungen AG among others.
Segmentation
By Type
Active Safety Needles
Passive Safety Needles
By Route of Administration
Intramuscular
Subcutaneous
Intravenous
Others
By End-User
Hospitals and Clinics
Ambulatory Care Centres
Diagnostic Centres
Others
By Geography
North America
United States
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
United Kingdom
Germany
France
Italy
Others
Middle East and Africa
Saudi Arabia
UAE
Israel
Others
Asia Pacific
China
India
Australia
South Korea
Others
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 regions. 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 safety needles 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 safety needles market.
Major industry players profiled as part of the report are Becton, Dickinson and Company and B. Braun Melsungen AG among others.
Segmentation
By Type
Active Safety Needles
Passive Safety Needles
By Route of Administration
Intramuscular
Subcutaneous
Intravenous
Others
By End-User
Hospitals and Clinics
Ambulatory Care Centres
Diagnostic Centres
Others
By Geography
North America
United States
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
United Kingdom
Germany
France
Italy
Others
Middle East and Africa
Saudi Arabia
UAE
Israel
Others
Asia Pacific
China
India
Australia
South Korea
Others
1. INTRODUCTION
1.1. Market Definition
1.2. Scope of the Study
1.3. Currency
1.4. Assumptions
1.5. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
2.3. Validation
3. KEY FINDINGS OF THE STUDY
4. MARKET DYNAMICS
4.1. Drivers
4.2. Restraints
4.3. Opportunities and Market Trends
4.4. Market Segmentation
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Industry Value Chain Analysis
4.7. Industry Regulations
4.8. Scenario Analysis
5. GLOBAL SAFETY NEEDLES MARKET FORECAST BY TYPE
5.1. Active Safety Needles
5.2. Passive Safety Needles
6. GLOBAL SAFETY NEEDLES MARKET FORECAST BY ROUTE OF ADMINISTRATION
6.1. Intramuscular
6.2. Subcutaneous
6.3. Intravenous
6.4. Others
7. GLOBAL SAFETY NEEDLES MARKET FORECAST BY END USER
7.1. Hospitals and Clinics
7.2. Ambulatory Care Centres
7.3. Diagnostic Centres
7.4. Others
8. GLOBAL SAFETY NEEDLES MARKET FORECAST BY GEOGRAPHY
8.1. North America
8.1.1. U.S
8.1.2. Canada
8.1.3. Mexico
8.2. South America
8.2.1. Brazil
8.2.2. Argentina
8.2.3. Others
8.3. Europe
8.3.1. U.K.
8.3.2. Germany
8.3.3. France
8.3.4. Italy
8.3.5. Others
8.4. Middle East and Africa
8.4.1. Saudi Arabia
8.4.2. UAE
8.4.3. Israel
8.4.4. Others
8.5. Asia Pacific
8.5.1. China
8.5.2. India
8.5.3. Australia
8.5.4. South Korea
8.5.5. Others
9. COMPETITIVE INTELLIGENCE
9.1. Market Positioning Matrix and Ranking
9.2. Strategies of Key Players
9.3. Recent Investments and Deals
10. COMPANY PROFILES
10.1. Becton, Dickinson And Company
10.2. Cardinal Health
10.3. B. Braun Melsungen Ag
10.4. Medline Industries, Inc.
10.5. Johnson & Johnson Services, Inc.
10.6. Nipro Medical Corporation
10.7. Smiths Group Plc
10.8. M?tier Medical Limited
10.9. Duopross Meditech Corp
10.10. Olympus Corporation
1.1. Market Definition
1.2. Scope of the Study
1.3. Currency
1.4. Assumptions
1.5. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
2.3. Validation
3. KEY FINDINGS OF THE STUDY
4. MARKET DYNAMICS
4.1. Drivers
4.2. Restraints
4.3. Opportunities and Market Trends
4.4. Market Segmentation
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Industry Value Chain Analysis
4.7. Industry Regulations
4.8. Scenario Analysis
5. GLOBAL SAFETY NEEDLES MARKET FORECAST BY TYPE
5.1. Active Safety Needles
5.2. Passive Safety Needles
6. GLOBAL SAFETY NEEDLES MARKET FORECAST BY ROUTE OF ADMINISTRATION
6.1. Intramuscular
6.2. Subcutaneous
6.3. Intravenous
6.4. Others
7. GLOBAL SAFETY NEEDLES MARKET FORECAST BY END USER
7.1. Hospitals and Clinics
7.2. Ambulatory Care Centres
7.3. Diagnostic Centres
7.4. Others
8. GLOBAL SAFETY NEEDLES MARKET FORECAST BY GEOGRAPHY
8.1. North America
8.1.1. U.S
8.1.2. Canada
8.1.3. Mexico
8.2. South America
8.2.1. Brazil
8.2.2. Argentina
8.2.3. Others
8.3. Europe
8.3.1. U.K.
8.3.2. Germany
8.3.3. France
8.3.4. Italy
8.3.5. Others
8.4. Middle East and Africa
8.4.1. Saudi Arabia
8.4.2. UAE
8.4.3. Israel
8.4.4. Others
8.5. Asia Pacific
8.5.1. China
8.5.2. India
8.5.3. Australia
8.5.4. South Korea
8.5.5. Others
9. COMPETITIVE INTELLIGENCE
9.1. Market Positioning Matrix and Ranking
9.2. Strategies of Key Players
9.3. Recent Investments and Deals
10. COMPANY PROFILES
10.1. Becton, Dickinson And Company
10.2. Cardinal Health
10.3. B. Braun Melsungen Ag
10.4. Medline Industries, Inc.
10.5. Johnson & Johnson Services, Inc.
10.6. Nipro Medical Corporation
10.7. Smiths Group Plc
10.8. M?tier Medical Limited
10.9. Duopross Meditech Corp
10.10. Olympus Corporation
