Industry and News Safety Syringes Market | Página 2

nations since needle stick injuries and re-use prevention became the focus of governments and
safety bodies. Needle stick injuries refer to percutaneous piercing wounds and are caused by tip of
needles while disassembling, handling or disposing syringes and needles. Hence, the safety syringes
market is predicted to rise due to the mounting incidence of needle stick injuries.
The safety syringes market is expected to witness substantial CAGR during the anticipated period.
Primary reasons for this growth comprise increase in the incidence of needle stick injuries,
government initiative to include the use of safety syringes in the legislation, growing injectable
market, and improved safety mechanisms for syringes.
However, substitute drug delivery methods and high cost are two important factors that could
considerably limit the growth of this market. In emerging economies, the safety syringes are
neglected due to lack of awareness regarding healthcare and safety issues. A rise in government
initiative and healthcare and safety awareness could fuel the growth of this market.
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In addition, the increasing regulations introduced by governments for the launch of safety-
mechanized syringes will provide impetus to the development of the market. This is because of the
growing concerns about needle stick injuries and their adverse impacts, resulting in legislations that
authorize the utilization of safety syringes by health caregivers, nurses, and physicians.
Safety Syringes Market is segmented by Product Type into Retractable and Non-retractable safety
syringes. Retractable Safety Syringes are further segmented into manual and automatic syringes.
Non-Retractable Safety Syringes are categorized into sliding needle cover syringes, sheathing tube
syringes, and hinged needle cover syringes.
Non-retractable safety syringes account for the largest share of the market. However, retractable
safety syringes are expected to grow at a higher CAGR during forecast period due growing use in
urbanized nations. Automatic retractable safety syringes are in general preferred over manual
syringes as they are safer and easy to handle so there is a high demand for the safety syringes.