Market Analysis: Global Auto Disable Syringes Market
Global Auto Disable Syringes Market is expected to an estimated value of USD 22.29 billion by 2026 registering a healthy CAGR of 10.45% in the forecast period of 2019-2026. This rise in the market can be attributed due to rising number of needle stick injuries and increasing R&D activities related to auto disable syringes.
Market Definition: Global Auto Disable Syringes Market
Auto disable syringes are single used holistic approach which is to treat atopic dermatitis. They enable needle stick prevention and involve rehydrating of skin by using emollients and topical steroids. They also reduce inflammation and itching of skin. In addition they involve a mechanism to break or lock the plunger when the injection is given to make the syringe inoperable for being used for second time.
- Increasing needle stick injuries are contributing towards the market growth.
- Rising R&D activities in the recent years are the factor driving the market.
- High level of security and safety for patients is contributing towards market expansion
- Stringent growth regularities by government are also expected to drive the market.
- Decreased value and knowledge in emerging economies is hampering the market growth.
- High cost of procurement and raw material are the factors restraining to the industry development.
Segmentation: Global Auto Disable Syringes Market
By Product Type
- Conventional Syringes
- Safety Syringes
- Automatic Retractable
- Manually Retractable
- Non-Retractable Auto-disable
- Needle covers
By Clinical Indication
- Infectious diseases
- Inflammatory/Auto-Immune Diseases
- Blood Collection
- Drug Delivery
- Research Laboratories
- Ambulatory Centers
- North America
- South America
- Rest of South America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Middle East and Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
- Rest of Middle East and Africa
Key Development in the Market:
- In August 2018, Andhra Pradesh announced the launch of their first auto-disable syringes for clinical purposes. This syringes have the ability to reduce infections, provides quality and assurance, so that they can eliminate poor hygiene in hospitals. India consumes over 4 Billion syringes per year out of which 60% are unsafe and one third is reused, therefore this innovation will be able to being changes and maintain health and hygiene.
Competitive Analysis: Global Auto Disable Syringes Market
Global auto disable syringes market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of auto disable syringes market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Market Competitors: Global Auto Disable Syringes Market
Few of the major market competitors currently working in the global auto disable syringes market are ISCON SURGICALS LTT, SRS Meditech Limited, AlShifa Medical Syringe Manufacturing Company., Hindustan Syringes & Medical Devices Ltd, Retractable Technologies, Inc., Smiths Group plc, Baxter, B. Braun Melsungen AG, Terumo Medical Corporation, Medtronic, BD and others
Research Methodology: Global Auto Disable Syringes Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
Reasons to Purchase this Report
- Current and future of global auto disable syringes market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
- All segmentation provided above in this report is represented at country level
- All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)