Asia-Pacific 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) And By Region - Size, Share, Growth, Trends, And Forecasts (2018–2023)

Asia-Pacific 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) And By Region - Size, Share, Growth, Trends, And Forecasts (2018–2023)

ID: 350 | Pages: 136 | October 2018 | Region: Asia Pacific


Asia-Pacific Safety Syringes Market Overview

There has been a constant demand to safeguard health care workers from accidental needle-stick injuries and healthcare-acquired infections. Safety syringes are specifically designed to meet this need.

With the rise in the incidence of needlestick injuries, new initiatives and legislation by governments to incorporate the practice of safety syringes, favorable reimbursement policies, and upgraded safety mechanisms for syringes are boosting the growth of Asia-Pacific safety syringes market. At present, quite a few countries have enforced regulations to ensure the compulsory use of safety syringes with an intention of preventing needle stick injuries and confine needle re-use. These regulations are expected to increase the common usage of safety syringes as compared to conventional syringes. However, availability of alternate drug delivery methods, the high price of safety syringes and their ignorance in developing countries due to lack of proper awareness about healthcare and safety issues are few factors off-putting the growth of Asia-Pacific safety syringes market.

Asia-Pacific Safety Syringes Market Forecast Report (2018-2023)

Asia-Pacific Safety Syringes Market is estimated at USD 880 million in 2018 and is predicted to reach USD 1470 million by 2023, growing at a CAGR of 10.92%.

Asia-Pacific Safety Syringes Industry Segment Analysis

The Asia-Pacific safety syringes market can be categorized on the basis of technology into Retractable and Non-Retractable safety syringes. The retractable syringes market is sub-segmented into Automatic or Manual 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 Asia-Pacific regions while the retractable safety syringes segment is anticipated to rise at a higher CAGR within the forecast period. Furthermore, on the basis of therapy, the safety syringes market can be categorized under Insulin, Tuberculosis, Glucagon-like peptide-1 (GLP-1) and Growth Hormones. Moreover, taking into account end users, the Asia-Pacific safety syringe market is branded under hospitals and home care segments.

Asia-Pacific Safety Syringes Market Forecast Report (2018-2023)

Geographically, the Asia-Pacific safety syringe market is segmented and analyzed various regions namely India, China, Japan, South Korea, and Australia. Asia-Pacific region is expected to register the highest growth rate within the forecast period.  The market in this region is currently experiencing a paradigm shift in usage of safety syringes over conventional ones.

Major Key Players

Some of the major companies operating in the Asia-Pacific safety syringes market

  • Covidien plc,
  • Retractable Technologies Inc,
  • Becton, Dickinson & Company,
  • Terumo Corporation,
  • Unilife Corporation,
  • Revolutions Medical Corporation,
  • Smiths Medical,
  • Sol-Millennium,
  • Ultimed Inc.,
  • Axel Bio Corporation

Reasons to Purchase Asia-Pacific Safety Syringes Market Report

  • Current and future Asia-Pacific Safety Syringes Market outlook in the developed and emerging markets
  • Analysis of various perspectives of the market with the help of Porter’s five forces analysis
  • Identifying the segment that is expected to dominate the market
  • Regions that are expected to witness the fastest growth during the forecast period
  • Identify the latest developments, market shares, and strategies employed by the major market players
  • 3-month analyst support, along with the Market Estimate sheet (in Excel)

1. Introduction                                                 

                1.1 Market Definition                                    

                1.2 Study Deliverables                                  

                1.3 Base Currency, Base Year and Forecast Periods                                          

                1.4 General Study Assumptions                                

2. Research Methodology                                                           

                2.1 Introduction                                               

                2.2 Research Phases                                      

                                2.2.1 Secondary Research                           

                                2.2.2 Primary Research                 

                                2.2.3 Econometric Modelling                      

                                2.2.4 Expert Validation                  

                2.3 Analysis Design                                         

                2.4 Study Timeline                                          

3. Overview                                                       

                3.1 Executive Summary                                

                3.2 Key Inferences                                         

                3.3 New Developments                               

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                                    

                4.1 Market Drivers                                          

                4.2 Market Restraints                                    

                4.3 Key Challenges                                         

                4.4 Current Opportunities in the Market                                              

5. Market Segmentation                                                              

                5.1 By Technology                                           

                                5.1.1 Retractable safety syringes                              

                                                5.1.1.1 Automatic retractable safety syringes     

                                                5.1.1.2 Manual retractable safety syringes           

                                5.1.2 Non-Retractable safety syringes                   

                                                5.1.2.1 Sheathing tube syringes                

                                                5.1.2.2 Sliding needle cover syringes      

                                                5.1.2.3 Hinged needle cover syringes     

                5.2 By Therapy                                 

                                5.2.1 Insulin                       

                                5.2.2 Glucagon-like peptide-1 (glp-1)                     

                                5.2.3 Tuberculosis                           

                                5.2.4 Growth hormones                               

                5.3 By End User                                

                                5.3.1 Hospitals                  

                                5.3.2 Home Care                              

6. Geographical Analysis                                                              

                6.3 Asia-Pacific                                 

                                6.1 Introduction                               

                                6.2 China                             

                                6.3 India                              

                                6.4 Japan                            

                                6.5 South Korea                               

                                6.6 Australia                      

7. Strategic Analysis                                                       

                7.1 PESTLE analysis                                         

                                7.1.1 Political                     

                                7.1.2 Economic                 

                                7.1.3 Social                         

                                7.1.4 Technological                         

                                7.1.5 Legal                          

                                7.1.6 Environmental                       

                7.2 Porter’s Five analysis                                              

                                7.2.1 Bargaining Power of Suppliers                        

                                7.2.2 Bargaining Power of Consumers                    

                                7.2.3 Threat of New Entrants                     

                                7.2.4 Threat of Substitute Products and Services                              

                                7.2.5 Competitive Rivalry within the Industry                     

8. Market Leaders' Analysis                                                        

                8.1 Becton, Dickinson & Company                                           

                                8.1.1 Overview                 

                                8.1.2 Product Analysis                   

                                8.1.3 Strategic Evaluation and Operations                            

                                8.1.4 Financial analysis                  

                                8.1.5 Legal issues                             

                                8.1.6 Recent Developments                       

                                8.1.7 SWOT analysis                       

                                8.1.8 Analyst View                          

                8.2 Covidien plc                                                

                8.3 Revolutions Medical Corporation                                      

                8.4 Retractable Technologies, Inc.                                           

                8.5 Smiths Medical                                         

                8.6 Unilife Corporation                                 

                8.7 Terumo Corporation                                               

                8.8 Sol-Millennum                                          

                8.9 Ultimed, Inc.                                              

                8.10 Axel Bio Corporation                                            

9. Competitive Landscape                                                           

                9.1 Market share analysis                                            

                9.2 Merger and Acquisition Analysis                                       

                9.3 Agreements, collaborations and Joint Ventures                                         

                9.4 New Product Launches                                         

10. Expert Opinions                                                        

                10.1 Market Outlook                                     

                10.2 Investment Opportunities                                 

Appendix                                                           

                a) List of Tables                                

                b) List of Figures                                              

 

  • 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, component, and type 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
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  1. Asia-Pacific Safety Syringes Market By Region, From 2018-2023 (USD Million)
  2. Asia-Pacific Safety Syringes Market By Technology, From 2018-2023 (USD Million)
  3. Asia-Pacific Retractable Safety Syringes Market By Region, From 2018-2023 (USD Million)
  4. Asia-Pacific Retractable Safety Syringes Market By Type, From 2018-2023 (USD Million)
  5. Asia-Pacific Automatic retractable safety syringes Market By Region, From 2018-2023 (USD Million)
  6. Asia-Pacific Manual retractable safety syringes Market By Region, From 2018-2023 (USD Million)
  7. Asia-Pacific Non-Retractable Safety Syringes Market By Region, From 2018-2023 (USD Million)
  8. Asia-Pacific Non-Retractable Safety Syringes Market By Type, From 2018-2023 (USD Million)
  9. Asia-Pacific Sliding Needle Cover Syringes Market By Region, From 2018-2023 (USD Million)
  10. Asia-Pacific Hinged Needle Cover Syringes Market By Region, From 2018-2023 (USD Million)
  11. Asia-Pacific Sheathing Tube Syringes Market By Region, From 2018-2023 (USD Million)
  12. Asia-Pacific Safety Syringes Market By Therapy, From 2018-2023 (USD Million)
  13. Asia-Pacific Insulin Safety Syringes Market By Region, From 2018-2023 (USD Million)
  14. Asia-Pacific GLP-1 Safety Syringes Market By Region, From 2018-2023 (USD Million)
  15. Asia-Pacific Tuberculosis Safety Syringes Market By Region, From 2018-2023 (USD Million)
  16. Asia-Pacific Growth Hormones Safety Syringes Market By Region, From 2018-2023 (USD Million)
  17. Asia-Pacific Safety Syringes Market By End User, From 2018-2023 (USD Million)
  18. Asia-Pacific Safety Syringes for Hospitals Market By Region, From 2018-2023 (USD Million)
  19. Asia-Pacific Safety Syringes for Home Care Market By Region, From 2018-2023 (USD Million)
  20. China Safety Syringes Market By Technology, From 2018-2023 (USD Million)
  21. China Safety Syringes Market By Therapy, From 2018-2023 (USD Million)
  22. China Safety Syringes Market By End User, From 2018-2023 (USD Million)
  23. China Retractable Safety Syringes Market By Type, From 2018-2023 (USD Million)
  24. China Non-Retractable Safety Syringes Market By Type, From 2018-2023 (USD Million)
  25. India Safety Syringes Market By Technology, From 2018-2023 (USD Million)
  26. India Safety Syringes Market By Therapy, From 2018-2023 (USD Million)
  27. India Safety Syringes Market By End User, From 2018-2023 (USD Million)
  28. India Retractable Safety Syringes Market By Type, From 2018-2023 (USD Million)
  29. India Non-Retractable Safety Syringes Market By Type, From 2018-2023 (USD Million)
  30. Japan Safety Syringes Market By Technology, From 2018-2023 (USD Million)
  31. Japan Safety Syringes Market By Therapy, From 2018-2023 (USD Million)
  32. Japan Safety Syringes Market By End User, From 2018-2023 (USD Million)
  33. Japan Retractable Safety Syringes Market By Type, From 2018-2023 (USD Million)
  34. Japan Non-Retractable Safety Syringes Market By Type, From 2018-2023 (USD Million)
  35. Australia Safety Syringes Market By Technology, From 2018-2023 (USD Million)
  36. Australia Safety Syringes Market By Therapy, From 2018-2023 (USD Million)
  37. Australia Safety Syringes Market By End User, From 2018-2023 (USD Million)
  38. Australia Retractable Safety Syringes Market By Type, From 2018-2023 (USD Million)
  39. Australia Non-Retractable Safety Syringes Market By Type, From 2018-2023 (USD Million)
  40. South Korea Safety Syringes Market By Technology, From 2018-2023 (USD Million)
  41. South Korea Safety Syringes Market By Therapy, From 2018-2023 (USD Million)
  42. South Korea Safety Syringes Market By End User, From 2018-2023 (USD Million)
  43. South Korea Retractable Safety Syringes Market By Type, From 2018-2023 (USD Million)
  44. South Korea Non-Retractable Safety Syringes Market By Type, From 2018-2023 (USD Million)
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