The global Safety Needles market was valued at 269.98 Million USD in 2021 and will grow with a CAGR of 2.92% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Safety Needles have a safety mechanism built into the needles to protect healthcare workers and others from accidental needlestick injuries. In an active system, clinicians activate the safety mechanism after the injection. In a passive system, the syringe automatically shields the needle after the injection.The classification of safety needles includes active safety needles and passive safety needles. And the proportion of active safety needles in 2017 is about 85.65%, and the proportion is in decreasing trend from 2013 to 2017. Safety needles is widely used in hospitals, clinics and other field. The most proportion of safety needles is used in hospitals, and the proportion in 2017 is about 68.32%. North America is the largest sales place, with a sales market share nearly 45.06% in 2017. Following North America, Europe is the second largest sales place with the market share of 25.33%.

By Market Verdors:

BD

Cardinal Health

Terumo

B. Braun

Smiths Medical

Novo Nordisk

Nipro

Yangzhou Medline

DeRoyal

Retractable Technologies

By Types:

Active Safety Needles

Passive Safety Needles

By Applications:

Hospitals

Clinics

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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