Safety Syringe and Safety Needles Market by Type of Device (Needles, Syringes, and Other Types of Devices), Purpose of Device (Enabling Ease of Needle Insertion / Retraction, Protection Against Injuries, and Needle Shielding), Usability (Non-Reusable and Reusable), Company Size (Very Small, Small, Mid-sized, Large and Very Large) and Key Geographical Regions (North America, Europe, Asia-Pacific and Rest of the World): Industry Trends and Global Forecasts, 2022-2035

September 2023 | 198 pages | ID: S58E784CEED3EN
Roots Analysis

Abstracts

The safety syringe and safety needles market is valued at USD 6.7 billion in 2023 growing at a CAGR of 2.2% during the forecast period 2022-2035.

The Canadian Journal of Infectious Disease and Medical Microbiology released a study in 2021 revealing over 1.3 million cases of needlestick injuries (NSIs) among healthcare workers (HCWs) annually in the US and Europe. These injuries commonly occur during medical procedures involving needles and can lead to the transmission of bloodborne pathogens like HIV, hepatitis B, and hepatitis C. Factors contributing to these incidents include unnecessary sharp device usage, insufficient protective equipment, lack of training, and improper disposal of needles.

Efforts to mitigate these risks have been made through initiatives such as the 2010 EU directive on sharps injury prevention and the development of advanced injection devices and smart needles. Despite the inevitability of needle usage in healthcare, advancements in product design and safety features have resulted in safety injection devices. These devices offer advantages like needle shielding, automatic retraction into the syringe upon release of the plunger, and easy disposal.

Several companies have introduced their own proprietary smart devices to prevent needlestick injuries and reduce disease transmission. Collaboration with stakeholders is common among companies seeking to expand their device reach and improve their product offerings. Additionally, initiatives to enhance intellectual property portfolios are underway to incorporate advanced features into these products. Driven by the increasing demand for safe and effective drug delivery systems and ongoing technological advancements, the safety syringe and needle market is expected to experience significant growth in the foreseeable future.

Key Market Segments

Type of Device

• Needles
• Syringes
• Other Types of Devices

Purpose of Device

• Enabling Ease of Needle Insertion / Retraction
• Protection Against Injuries
• Needle Shielding

Usability

• Non-Reusable
• Reusable

Company Size

• Very Small
• Small
• Mid-sized
• Large
• Very Large

Key Geographical Region

• North America
• Europe
• Asia-Pacific
• Rest of the World

Research Coverage:

• The report studies the safety syringe and safety needles market based on type of device, purpose of device, usability, company size and key geographical region
• The report analyzes factors (such as drivers, restraints, opportunities, and challenges) affecting the market growth
• The report assesses the potential advantages and obstacles within the market for those involved and offers information on the competitive environment for top players in the market.
• The report forecasts the revenue of market segments with respect to four major regions
• A comprehensive assessment of the safety syringe and needle market, considering device types, device purposes, usability, sterilization methods, and packaging formats.
• Detailed analysis of companies involved: establishment year, size, headquarters location, and key market players in terms of product development.
• In-depth insights on market trends illustrated through schematic representations like tree maps, waffle charts, 4D bubble analyses, world maps, and grids based on different parameters.
• Product competitiveness analysis based on supplier experience, product specifications (purpose, usability, sterilization methods).
• Analysis of industry initiatives, partnerships, recent events, funding sources aiding start-ups, and small company expansion in the safety syringe and needle domain.
• Examination of patents filed/granted since 2018, considering parameters like patent type, publication, application year, geographical locations, classification, and patent valuation.
• Elaborate profiles of key industry players, including company overview, product portfolio, recent developments, and future outlook. Profiles also include a scoring matrix based on recent initiatives.
• Utilization of Bowman’s strategy clock framework to understand pricing strategy and competitive positioning, along with a devised equation for pricing estimation based on product features.

Key Benefits of Buying this Report

• The report offers market leaders and newcomers valuable insights into revenue estimations for both the overall market and its sub-segments.
• Stakeholders can utilize the report to enhance their understanding of the competitive landscape, allowing for improved business positioning and more effective go-to-market strategies.
• The report provides stakeholders with a pulse on the safety syringe and safety needles market, furnishing them with essential information on significant market drivers, barriers, opportunities, and challenges.

Key Market Companies

• B. Braun
• BD
• Gerresheimer
• HTL-STREFA
• Nipro Europe Group Companies
• SOL-MILLENNIUM Medical Group

Contents

1. PREFACE

1.1. Scope of the Report
1.2. Research Methodology
1.3. Key Questions Answered
1.4. Chapter Outlines

2. EXECUTIVE SUMMARY

3. INTRODUCTION

3.1. Chapter Overview
3.2. Concern of Needlestick Injuries
3.3. Need for Needlestick Safety Injection Devices
3.4. Classification of Needlestick Safety Injection Devices
3.5. Advantages and Limitations of Needlestick Safety Injection Devices
3.6. Prevalent Trends related to Needlestick Safety Injection Devices
  3.6.1. Key Historical Trends
  3.6.2. Emerging Focus Areas
  3.6.3. Geographical Activity

4. NEEDLESTICK SAFETY INJECTION DEVICES: MARKET LANDSCAPE

4.1. Chapter Overview
4.2. Needlestick Safety Injection Devices: Market Landscape
  4.2.1. Analysis by Type of Device
  4.2.2. Analysis by Purpose of Device
  4.2.3. Analysis by Usability
  4.2.4. Analysis by Mode of Sterilization
  4.2.5. Analysis by Packaging Format
4.3. Needlestick Safety Injection Devices: Developer Landscape
  4.3.1. Analysis by Year of Establishment
  4.3.2. Analysis by Company Size
  4.3.3. Analysis by Location of Headquarters
  4.3.4. Leading Players: Analysis by Number of Needlestick Safety Injection Devices

5. KEY INSIGHTS

5.1. Chapter Overview
5.2. Tree Map Representation: Analysis by Type of Device and Location of Headquarters
5.3. Waffle Chart: Analysis by Purpose of Device and Company Size
5.4. 4D Bubble Analysis: Analysis by Portfolio Strength, Purpose of Device, Company Size and Location of Headquarters
5.5. World Map Representation: Analysis by Location of Headquarters
5.6. Grid Representation: Analysis by Type of Device, Purpose of Device and Usability

6. PRODUCT COMPETITIVENESS ANALYSIS

6.1. Chapter Overview
6.2. Assumptions / Key Parameters
6.3. Methodology
6.4. Product Competitiveness Analysis
  6.4.1. Needlestick Safety Injection Devices: Needles
  6.4.2. Needlestick Safety Injection Devices: Syringes
  6.4.3. Needlestick Safety Injection Devices: Other Types of Devices

7. RECENT DEVELOPMENTS AND INITIATIVES

7.1. Chapter Overview
7.2. Needlestick Safety Injection Devices: Partnerships and Collaborations
  7.2.1. Partnership Models
  7.2.2. List of Partnerships and Collaborations
  7.2.3. Analysis by Year of Partnership
  7.2.4. Analysis by Type of Partnership
  7.2.5. Analysis by Type of Partner
  7.2.6. Word Cloud Analysis: Emerging Focus Areas
  7.2.7. Analysis by Type of Device
  7.2.8. Analysis by Type of Agreement (Country-wise)
  7.2.9. Analysis by Type of Agreement (Region-wise)
  7.2.10. Most Active Players: Analysis by Number of Partnerships
7.3 Needlestick Safety Injection Devices: Funding and Investments
  7.3.1. Types of Funding and Investments
  7.3.2. List of Funding and Investments
  7.3.3. Analysis by Year of Investment
  7.3.4. Analysis by Type of Funding
  7.3.5. Analysis by Amount Invested
  7.3.6. Most Active Players: Analysis by Number of Funding Instances
  7.3.7. Most Active Players: Analysis by Amount Raised
  7.3.8. Analysis by Type of Device
  7.3.9. Analysis by Region
7.4 Needlestick Safety Injection Devices: Global Events
  7.4.1 List of Global Events
  7.4.2. Analysis by Year of Global Event
  7.4.3. Analysis by Type of Global Event (Virtual / Physical)
  7.4.4. Analysis by Type of Global Event (Conference / Webinar / Summit)
  7.4.5. Analysis by Geography
  7.4.6. Most Active Event Organizers: Analysis by Number of Events
  7.4.7. Most Active Participants: Analysis by Number of Events
  7.4.8. Analysis by Seniority Level of Participants

8. PATENT ANALYSIS

8.1. Chapter Overview
8.2. Methodology and Key Parameters
8.3. Needlestick Safety Injection Devices: Patent Analysis
  8.3.1. Analysis by Type of Patent
  8.3.2. Analysis by Patent Publication Year
  8.3.3. Analysis by Application Year
  8.3.4. Analysis by Geographical Location
  8.3.5. Analysis by CPC Symbols
  8.3.6. Word Cloud Analysis: Emerging Focus Areas
  8.3.7. Analysis by Type of Organization
  8.3.8. Leading Industry Players: Analysis by Number of Patents
  8.3.9. Leading Patent Assignees: Analysis by Number of Patents
8.4. Needlestick Safety Injection Devices: Patent Benchmarking Analysis
  8.4.1. Analysis by Patent Characteristics (CPC Symbols)
8.5 Analysis of Patents by Age
8.6. Patent Valuation Analysis
8.7. Leading Patents by Number of Citations

9. COMPANY PROFILES

9.1. Chapter Overview
9.2. B. Braun
  9.2.1. Company Overview
  9.2.2. Product Portfolio: Needlestick Safety Injection Devices
  9.2.3. Recent Developments and Future Outlook
9.3. BD
  9.3.1. Company Overview
  9.3.2. Product Portfolio: Needlestick Safety Injection Devices
  9.3.3. Recent Developments and Future Outlook
9.4. Gerresheimer
  9.4.1. Company Overview
  9.4.2. Product Portfolio: Needlestick Safety Injection Devices
  9.4.3. Recent Developments and Future Outlook
9.5. HTL-STREFA
  9.5.1. Company Overview
  9.5.2. Product Portfolio: Needlestick Safety Injection Devices
  9.5.3. Recent Developments and Future Outlook
9.6. Nipro Europe Group Companies
  9.6.1. Company Overview
  9.6.2. Product Portfolio: Needlestick Safety Injection Devices
  9.6.3. Recent Developments and Future Outlook
9.7. SOL-MILLENNIUM Medical Group
  9.7.1. Company Overview
  9.7.2. Product Portfolio: Needlestick Safety Injection Devices
  9.7.3. Recent Developments and Future Outlook
9.8. Conclusion: Leading Players

10. BOWMAN CLOCK PRICING STRATEGY

10.1. Chapter Overview
10.2. Bowman Strategy Clock
10.3. Two Dimensions of Bowman Strategy Clock
10.4. Eight Positions on Bowman Strategy Clock
10.5. Roots Analysis Framework
10.6. Methodology
10.7. Theoretical Framework and Price Evaluation Hypothesis
10.8. Results and Interpretation
  10.8.1. Product Price Evaluation Matrix: Needles
  10.8.2. Product Price Evaluation Matrix: Syringes
  10.8.3. Product Price Evaluation Matrix: Other Types of Devices
10.9. Case Study: Pricing of Marketed Products

11. MARKET FORECAST

11.1. Chapter Overview
11.2. Forecast Methodology and Key Assumptions
11.3. Global Needlestick Safety Injection Devices Market, 2022-2035
  11.3.1. Global Needlestick Safety Injection Devices Market: Distribution by Type of Device
    11.3.1.1. Global Needlestick Safety Injection Devices Market for Needles
    11.3.1.2. Global Needlestick Safety Injection Devices Market for Syringes
    11.3.1.3. Global Needlestick Safety Injection Devices Market for Other Types of Devices
  11.3.2. Global Needlestick Safety Injection Devices Market: Distribution by Purpose of Device
    11.3.2.1. Global Needlestick Safety Injection Devices Market for Devices Enabling Ease of Insertion / Retraction
    11.3.2.2. Global Needlestick Safety Injection Devices Market for Needle Shielding Devices
    11.3.2.3. Global Needlestick Safety Injection Devices Market for Devices Protecting Against Injuries
  11.3.3. Global Needlestick Safety Injection Devices Market: Distribution by Usability
    11.3.3.1. Global Needlestick Safety Injection Devices Market for Non-Reusable Devices
    11.3.3.2. Global Needlestick Safety Injection Devices Market for Reusable Devices
  11.3.4. Global Needlestick Safety Injection Devices Market: Distribution by Company Size
    11.3.4.1. Global Needlestick Safety Injection Devices Market for Very Small Companies
    11.3.4.2. Global Needlestick Safety Injection Devices Market for Small Companies
    11.3.4.3. Global Needlestick Safety Injection Devices Market for Mid-sized Companies
    11.3.4.4. Global Needlestick Safety Injection Devices Market for Large Companies
    11.3.4.5. Global Needlestick Safety Injection Devices Market for Very Large Companies
  11.3.5 Global Needlestick Safety Injection Devices Market: Distribution by Region, 2022 and 2035
    11.3.5.1. Needlestick Safety Injection Devices Market in North America, 2022-2035
    11.3.5.2. Needlestick Safety Injection Devices Market in Europe, 2022-2035
    11.3.5.3. Needlestick Safety Injection Devices Market in Asia Pacific, 2022-2035
    11.3.5.4. Needlestick Safety Injection Devices in Rest of the World, 2022-2035

12. CONCLUDING REMARKS

13. APPENDIX 1: TABULATED DATA

14. APPENDIX 2: LIST OF COMPANIES AND ORGANIZATIONS