We are monitoring the impact of COVID-19 on North America Safety Syringes Market Get in touch with us for detailed analysis Know More
Share on

North America Safety Syringes Market Research Report – Segmented By Technology, Therapy, End Users and Country (The United States, Canada and Rest of North America) - Size, Share, Trends & Growth Forecast (2022 to 2027)

Published: January, 2022
ID: 306
Pages: 135

North America Safety Syringes Market Size (2022 to 2027)

The size of the Safety Syringes Market in North America has been calculated at USD 2.24 Billion in 2022. It is further predicted to grow and be worth USD 3.27 Billion by 2027, registering a CAGR of 7.81% between 2022 and 2027.

The North American safety syringes market is expected to be driven by the factors such as the increase in the number of needlestick injuries and the rising prevalence of bloodborne diseases. In addition, North American market growth is expected to be favored by factors such as an increase in the prevalence of chronic diseases such as diabetes and an increase in the incidence of needlestick injuries. The safety feature is intended to keep healthcare professionals safe from needlestick injuries. 

Many governments and non-government organizations are attempting to reduce the number of needlestick injuries. As well as a government drives to include the use of safety syringes in legislation, favorable reimbursement policies, and improved syringe safety mechanisms due to a highly aware population, advanced healthcare infrastructure, promising government initiatives, the introduction of new safety syringes in most healthcare establishments, and significant companies in the region. Other factors include the availability of advanced healthcare infrastructure, growing awareness and the launch of advanced syringes, and major companies in North America.

Furthermore, diabetes affected In the North American safety syringes market, there has been an increase in healthcare spending, a rise in the occurrence of bloodborne infections, and a growth in awareness of the benefits of safety syringes. In addition, the growing geriatric population significantly contributes to the safety syringes market, as the senior population is vulnerable to various chronic diseases such as cancer, diabetes, and obesity; therefore, increasing the demand for the North American safety syringes market. In addition, several countries have enacted legislation requiring the use of safety syringes to reduce needlestick injuries and prevent needle re-use. As a result of these rules, safety syringes are anticipated to be used more frequently than regular syringes.

Alternative medication delivery systems and expensive costs, on the other hand, are limiting the market's expansion. Furthermore, the region's market expansion has been hampered by a lack of understanding of emerging economies' healthcare and safety risks.

This research report on the North American safety syringes market has been segmented and sub-segmented into the following categories:

By Technology: 

  • Retractable Safety Syringes
  • Non-Retractable Safety Syringes

By Therapy: 

  • Insulin
  • GLP-1
  • Tuberculosis
  • Growth Hormones

By End Users: 

  • Hospitals
  • Home Care

By Country: 

  • The United States
  • Canada
  • Rest of North America

Geographically North America is expected to grow at the highest CAGR throughout the forecast due to its high population base, development in healthcare infrastructure, and an increase in incidences of needlestick injuries. In addition, the favorable reimbursement policies, Furthermore, to enhance awareness, WHO and UNICEF are implementing several safe immunization campaigns throughout the region. Because the United States and Canada have significant market growth potential, several large U.S.-based corporations have expanded into the region. Many companies in the region are advanced safety syringes and new technological advancements. The United States approved the Needlestick Safety and Prevention Act, the first national law requiring the use of safety-engineered devices in healthcare settings to limit the risk of sharps injuries and blood exposures to healthcare workers.

The United States dominated the North American safety syringes market, and it is most likely to continue its dominance throughout the forecast period. The factors such as high healthcare spending, technological advancements healthcare sector, and supportive government policies are propelling market growth. In the United States, the Consolidated Appropriations Act allows the Department of Health and Human Services to use the funding to support syringe service programs, with the restriction that Needles and syringes are not allowed to be purchased with finances.

On the other hand, the Canadian Safety syringes market is projected to grow at a promising pace during the forecast period. The increasing incidence of needle stick injuries, the growing usage of safety syringes compared to conventional syringes, and government initiatives to incorporate safety syringes in the legislation boost market growth.

KEY MARKET PLAYERS:

Companies playing a dominant role in the North American safety syringes market profiled in this report are Covidien plc, Retractable Technologies Inc., Becton, Dickinson & Company, Terumo Corporation, Unilife Corporation, Revolutions Medical Corporation, Smiths Medical, Sol-Millennium, Ultimed Inc., and Axel Bio Corporation.

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                                                              

                                6.1 Introduction                               

                                6.2 United States                            

                                6.3 Canada                         

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                                              

 

  1. North America Safety Syringes Market, By Region, From 2022 - 2027 (USD Billion)
  2. North America Safety Syringes Market, By Technology, From 2022 - 2027 (USD Billion)
  3. North America Retractable Safety Syringes Market, By Region, From 2022 - 2027 (USD Billion)
  4. North America Retractable Safety Syringes Market, By Type, From 2022 - 2027 (USD Billion)
  5. North America Automatic retractable safety syringes Market, By Region, From 2022 - 2027 (USD Billion)
  6. North America Manual retractable safety syringes Market, By Region, From 2022 - 2027 (USD Billion)
  7. North America Non-Retractable Safety Syringes Market, By Region, From 2022 - 2027 (USD Billion)
  8. North America Non-Retractable Safety Syringes Market, By Type, From 2022 - 2027 (USD Billion)
  9. North America Sliding Needle Cover Syringes Market, By Region, From 2022 - 2027 (USD Billion)
  10. North America Hinged Needle Cover Syringes Market, By Region, From 2022 - 2027 (USD Billion)
  11. North America Sheathing Tube Syringes Market, By Region, From 2022 - 2027 (USD Billion)
  12. North America Safety Syringes Market, By Therapy, From 2022 - 2027 (USD Billion)
  13. North America Insulin Safety Syringes Market, By Region, From 2022 - 2027 (USD Billion)
  14. North America GLP-1 Safety Syringes Market, By Region, From 2022 - 2027 (USD Billion)
  15. North America Tuberculosis Safety Syringes Market, By Region, From 2022 - 2027 (USD Billion)
  16. North America Growth Hormones Safety Syringes Market, By Region, From 2022 - 2027 (USD Billion)
  17. North America Safety Syringes Market, By End User, From 2022 - 2027 (USD Billion)
  18. North America Safety Syringes for Hospitals Market, By Region, From 2022 - 2027 (USD Billion)
  19. North America Safety Syringes for Home Care Market, By Region, From 2022 - 2027 (USD Billion)
  20. United States Safety Syringes Market, By Technology, From 2022 - 2027 (USD Billion)
  21. United States Safety Syringes Market, By Therapy, From 2022 - 2027 (USD Billion)
  22. United States Safety Syringes Market, By End User, From 2022 - 2027 (USD Billion)
  23. United States Retractable Safety Syringes Market, By Type, From 2022 - 2027 (USD Billion)
  24. United States Non-Retractable Safety Syringes Market, By Type, From 2022 - 2027 (USD Billion)
  25. Canada Safety Syringes Market, By Technology, From 2022 - 2027 (USD Billion)
  26. Canada Safety Syringes Market, By Therapy, From 2022 - 2027 (USD Billion)
  27. Canada Safety Syringes Market, By End User, From 2022 - 2027 (USD Billion)
  28. Canada Retractable Safety Syringes Market, By Type, From 2022 - 2027 (USD Billion)
  29. Canada Non-Retractable Safety Syringes Market, By Type, From 2022 - 2027 (USD Billion)

Please wait. . . . Your request is being processed

Related Reports

PURCHASE OPTIONS

excel
$

3335


pdf excel
$

3680


pdf excel powerbi
$

5520


excel
$

2000

What You Get :

  • PDF Report Format.
  • Can be accessible by 1 single user.
  • 6 Months of Free Analyst Support.
  • PDF and Excel Datasheet Formats.
  • Can be accessible upto 2 to 5 users.
  • 1 Year of Free Analyst Support.
  • PDF, Excel and Power BI Dashboard.
  • Can be accessible by unlimited users.
  • 1 Year of Free Analyst Support.
  • Excel Datasheet Format.
  • Customized access as per user request.
  • Upgradable to other licenses.
customer-support
ASK FOR CUSTOMIZATION

Talk to our analyst and get customised report done according to your research needs

tag
INQUIRE FOR DISCOUNT

Check if you can avail any discount. Submit your details and our team will get back to you.

cloud-download
DOWNLOAD FREE SAMPLE

Request to avail a free sample report that reflects this market and its growth.

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 3335

Didn’t find what you’re looking for?
TALK TO OUR TEAM

Find it too expensive?
NO WORRIES!

Click for Request Sample