Europe Safety Syringes Market by Technology, Therapy and End Users l Industry Analysis 2021
Europe Safety Syringes Market by Technology (Retractable and Non-Retractable safety syringes), by Therapy (Insulin, GLP-1, Tuberculosis and Growth Hormones), by End Users (Hospitals and Home Care)
(EMAILWIRE.COM, January 20, 2018 ) Injections are one of the most common health-care procedures. Every year at least 16 billion injections are administered worldwide. The vast majority around 90% are given in curative care. Immunization injections account for around 5% of all injections.
Browse market data tables and in-depth TOC of the Europe Safety Syringes Industry to 2021 @ https://www.marketdataforecast.com/market-reports/europe-safety-syringes-market-349/
According to the report Europe Safety Syringes Market, published by Market Data Forecast the Market is estimated at USD 1201 million in 2016 and is predicted to reach USD 1762 million by 2021, growing at a CAGR of 7.97%. With the ever rising demand to protect healthcare professionals from accidental needle-stick injuries and hospital-acquired infections, there has been an upsurge in demand for safety syringes. Further, rising occurrences of needlestick injuries, government initiatives and legislations to integrate the practice of safety syringes, improved safety mechanisms for syringes and favourable reimbursement policies are supporting the growth of Safety syringes market in European countries.
Presently, several countries have enforced regulations to ensure the compulsory use of safety syringes with an aim of preventing needle stick injuries and restrict needle re-use. However, accessibility to alternate drug delivery methods, expensiveness of safety syringes, ignorance in low income regions due to unawareness about healthcare and safety issues are few factors preventing the steady growth of Europe safety syringes market.
Free sample of the report is available @ https://www.marketdataforecast.com/market-reports/europe-safety-syringes-market-349/request-sample
The Europe safety syringes market can be classified on the basis of technology into Retractable and Non-Retractable safety syringes. The retractable syringes market is further segmented into Manual or Automatic syringes. And the non-retractable safety syringes are sub-segmented into sliding needle cover syringes, sheathing tube syringes, and hinged needle cover syringes. Non-retractable safety syringes hold the major share of sales in the European countries while the retractable safety syringes segment is projected to rise at a higher CAGR during the forecast period. Furthermore, on the basis of therapy, the safety syringes market can be categorized under Insulin, Glucagon-like peptide-1 (GLP-1), Tuberculosis and Growth Hormones. Moreover, taking into account end users, the Europe safety syringe market is branded under hospitals and home care segments.
Geographically, the Europe safety syringe market is segmented and analysed U.K, Italy, Spain, France and Germany. European countries together hols the second position in terms of revenue as well as volume in the global safety syringes market. United Kingdom represents the largest share of the Europe safety syringes market, followed by Germany. While Spain is expected to record highest CAGR within the forecast period. Further, the growing demand for prefilled syringes fortified with safety features in this region is also adding to the market growth.
Some of the major companies operating in the Europe safety syringes market are Retractable Technologies, Inc, Covidien plc, Terumo Corporation, Unilife Corporation, Revolutions Medical Corporation, Smiths Medical, Axel Bio Corporation, Sol-Millennum, Becton, Dickinson & Company and Ultimed, Inc.
Scope of the Report
Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, Therapy, and End User along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
Browse market data tables and in-depth TOC of the Europe Safety Syringes Industry to 2021 @ https://www.marketdataforecast.com/market-reports/europe-safety-syringes-market-349/
According to the report Europe Safety Syringes Market, published by Market Data Forecast the Market is estimated at USD 1201 million in 2016 and is predicted to reach USD 1762 million by 2021, growing at a CAGR of 7.97%. With the ever rising demand to protect healthcare professionals from accidental needle-stick injuries and hospital-acquired infections, there has been an upsurge in demand for safety syringes. Further, rising occurrences of needlestick injuries, government initiatives and legislations to integrate the practice of safety syringes, improved safety mechanisms for syringes and favourable reimbursement policies are supporting the growth of Safety syringes market in European countries.
Presently, several countries have enforced regulations to ensure the compulsory use of safety syringes with an aim of preventing needle stick injuries and restrict needle re-use. However, accessibility to alternate drug delivery methods, expensiveness of safety syringes, ignorance in low income regions due to unawareness about healthcare and safety issues are few factors preventing the steady growth of Europe safety syringes market.
Free sample of the report is available @ https://www.marketdataforecast.com/market-reports/europe-safety-syringes-market-349/request-sample
The Europe safety syringes market can be classified on the basis of technology into Retractable and Non-Retractable safety syringes. The retractable syringes market is further segmented into Manual or Automatic syringes. And the non-retractable safety syringes are sub-segmented into sliding needle cover syringes, sheathing tube syringes, and hinged needle cover syringes. Non-retractable safety syringes hold the major share of sales in the European countries while the retractable safety syringes segment is projected to rise at a higher CAGR during the forecast period. Furthermore, on the basis of therapy, the safety syringes market can be categorized under Insulin, Glucagon-like peptide-1 (GLP-1), Tuberculosis and Growth Hormones. Moreover, taking into account end users, the Europe safety syringe market is branded under hospitals and home care segments.
Geographically, the Europe safety syringe market is segmented and analysed U.K, Italy, Spain, France and Germany. European countries together hols the second position in terms of revenue as well as volume in the global safety syringes market. United Kingdom represents the largest share of the Europe safety syringes market, followed by Germany. While Spain is expected to record highest CAGR within the forecast period. Further, the growing demand for prefilled syringes fortified with safety features in this region is also adding to the market growth.
Some of the major companies operating in the Europe safety syringes market are Retractable Technologies, Inc, Covidien plc, Terumo Corporation, Unilife Corporation, Revolutions Medical Corporation, Smiths Medical, Axel Bio Corporation, Sol-Millennum, Becton, Dickinson & Company and Ultimed, Inc.
Scope of the Report
Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, Therapy, and End User along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
Contact Information:
Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results