Global Retractable Needle Safety Syringes Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Procedure;

End Ileostomy, and Loop Ileostomy.

By Equipment Type;

Stoma Bags, Belts & Girdles, Adhesive Sprays, and Stoma Guards.

By Disease Indication;

Cancer, Diverticulitis, Ulcerative Colitis, Crohn’s Disease, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn843661832 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Retractable Needle Safety Syringes Market (USD Million), 2020 - 2030

In the year 2023, the Global Retractable Needle Safety Syringes Market was valued at USD 2,118.78 million. The size of this market is expected to increase to USD 3,141.94 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 5.8%.

The Global Retractable Needle Safety Syringes Market is witnessing a surge in demand owing to heightened awareness regarding healthcare safety measures and the rising incidence of needlestick injuries among healthcare professionals. These syringes offer an innovative solution to mitigate the risk of accidental needlestick injuries by incorporating retractable needle mechanisms that automatically retract into the syringe barrel post-injection, thus reducing the likelihood of needle reuse or exposure. With an increasing emphasis on infection control and stringent regulatory guidelines, the market for retractable needle safety syringes is poised for significant growth globally.

As healthcare systems worldwide prioritize the safety of both patients and healthcare workers, retractable needle safety syringes have emerged as a critical component in infection prevention strategies. The market is characterized by technological advancements aimed at enhancing user convenience, needle retraction efficiency, and overall safety features. Moreover, the growing adoption of these syringes across various healthcare settings, including hospitals, clinics, and ambulatory surgical centers, further propels market expansion.

Factors such as government initiatives promoting safe injection practices, increasing healthcare expenditure, and a growing focus on preventing needlestick injuries are driving market growth. However, challenges such as the high initial costs associated with retractable needle safety syringes and resistance to adopting new technologies in certain regions pose constraints to market penetration. Nevertheless, with ongoing research and development activities focused on addressing these challenges, the Global Retractable Needle Safety Syringes Market is poised to witness sustained growth in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Procedure
    2. Market Snapshot, By Equipment Type
    3. Market Snapshot, By Disease Indication
    4. Market Snapshot, By Region
  4. Global Retractable Needle Safety Syringes Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Healthcare Awareness
        2. Rising Incidence of Needlestick Injuries
        3. Growing Surgical Procedures
      2. Restraints
        1. High Initial Costs
        2. Limited Access to Healthcare
        3. Concerns Regarding Product Efficacy
      3. Opportunities
        1. Aging Population
        2. Healthcare Infrastructure Development
        3. Focus on Infection Control
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Retractable Needle Safety Syringes Market, By Procedure, 2020 - 2030 (USD Million)
      1. End Ileostomy
      2. Loop Ileostomy
    2. Global Retractable Needle Safety Syringes Market, By Equipment Type, 2020 - 2030 (USD Million)
      1. Stoma Bags
      2. Belts & Girdles
      3. Adhesive Sprays
      4. Stoma Guards
    3. Global Retractable Needle Safety Syringes Market, By Disease Indication, 2020 - 2030 (USD Million)
      1. Cancer
      2. Diverticulitis
      3. Ulcerative Colitis
      4. Crohn’s Disease
      5. Others
    4. Global Retractable Needle Safety Syringes Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. 3M Healthcare
      2. B. Braun Melsungen AG
      3. Coloplast
      4. Convatec Inc.
      5. Flexicare Medical Ltd.
      6. Hollister Incorporated
      7. Marlen Manufacturing
      8. Pelican Healthcare
      9. Salts Healthcare
      10. Smith & Nephew
  7. Analyst Views
  8. Future Outlook of the Market

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