The Global Safety Needles market was valued at USD XX million in 2018, and is expected to grow at a CAGR of XX% by 2026. Safety needles can be characterized as an empty bore needle which is considered to decrease or lessen the likelihood of a skin cut harm to the specialist.
Some of the key players operating in this market includes – Medtronic plc, Becton, Dickinson and Company (BD), Retractable Technologies, Inc., Terumo Medical Corporation, Smiths Group Plc., B. Braun Melsungen AG, MedPro Safety Products, Inc., Nipro Corporation, Johnson & Johnson (Ethicon Inc.) and Novo Nordisk.
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Rise in the number of needle-stick injuries throughout the world is expected to boost the market growth. The other key factors that drive the global safety needles market are increase in demand for injectable drugs and vaccines, active government initiatives, and surge in End-user of injection and infusion therapies.
In addition, high prevalence of blood-borne diseases increases the demand for safety needles, which in turn provides lucrative opportunities for the market growth. However, alternative modes of drug delivery and high costs associated with safety needles restrain the market growth.
Global Safety Needles Market is spread across 121 pages
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Key Benefits of the Report:
• Global, Regional, Country, Product, Form, and End User of molecule market size and forecast from 2014-2026
• Detailed market dynamics, industry outlook with market specific PESTLE, Value Chain, Supply Chain, and SWOT Analysis to better understand the market and build strategies
• Identification of key companies that can influence this market on a global and regional scale
• Expert interviews and their insights on market shift, current and future outlook and factors impacting vendors short term and long term strategies
• Detailed insights on emerging regions, Product, end user, and competitive landscape with qualitative and quantitative information and facts
• Safety Needles providers
• Research and consulting firms
• Government and research organizations
• Associations and industry bodies
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The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective like analyst report of investment banks. The secondary research forms the base of our study where we conducted extensive data mining, referring to verified data sources such as white papers government and regulatory published materials, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factor, investment, market dynamics including technical scenario, consumer behavior, and end use industry trends and dynamics , capacity Route of administration of molecule, spending were taken into consideration.
We have assigned weights to these parameters and quantified their market impacts using the weighted average analysis to derive the expected market growth rate.
The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs) which typically include:
• Government Body & Associations, and
• Research Institute
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