Overview
In order to address the issue of increased healthcare costs related to increased unemployment, as well as the public’s increasing apprehension about safety issues, healthcare workers are encouraged to utilize safety syringes in the U.S. These easy-to-use devices are designed to offer the same comfort and convenience that traditional syringe technology provides, yet they are designed to offer additional benefits. Retractable needles offer a higher degree of safety than traditional disposable needles. They also offer a greater degree of portability, while still offering the ability to perform a variety of tasks.
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Competitive Landscape
Major companies contributing to the U.S. retractable needle safety syringes market include Retractable Technologies Inc., Axel Bio Corporation, Inc., Revolutions Medical Corporation, Smiths Medical, Becton, MHC Medical Products, LLC, Dickinson and Company, Duopross Meditech Corp., Medicina, DMC Medical Limited, and SOL-MILLENNIUM.
Drivers
Introduction of favorable regulations by the local government to mandate the use of safety needles and promote blood donation campaigns is expected to augment growth of the U.S. retractable needles safety syringes market throughout the forecast period.
In addition to this, mounting occurrences of diabetes, needle injuries, STDs (sexually transmitted diseases), gynecological disorders, spine conditions, and others are expected to boost growth of the U.S. retractable needle safety syringes market during the forecast period.
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Summary of the COVID-19 Debacle
The U.S. retractable needle safety syringes market is gaining momentum with the ongoing prevalence of the pandemic. Elevated demand for these syringes across the healthcare sector in vaccine administration has provided an upthrust for the market’s expansion. Coupled with this, growing government initiatives to use safety syringes in collecting blood specimen are favoring the market.
Key Trends
- The U.S. retractable needle safety syringes market is anticipated to grow at a CAGR of 4.7 % throughout the forecast period on the heels of growing cases of needle injuries and rising demand for vaccine administration. For instance, in August 2021, the National Center for Biotechnology Information (NCBI) reported that healthcare workers stand at a 2.2% risk of getting a needle-stick injury while providing medical care.
- Competing for the top spot, the State of California is racing ahead of other states in the U.S. retractable needle safety syringes market on account of new regulation which allows people aged 18+ to buy unlimited safety syringes from pharmacy stores without a prescription.
- In parallel, New Jersey State is also sustaining well for the U.S. retractable needle safety syringes market at the helm of improved accessibility through e-pharmacy and mHealth platforms.
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Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Application
- Market Snippet, By End User
- Market Snippet, By Distribution Channel
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Product Approvals/Launches
- Key Developments
- Merger and Acquisitions
- Regulatory Scenario
- PEST Analysis
- Porter’s Analysis
- Technology Landscape
- Prevalence of Needle Stick Injuries Worldwide
- Market Dynamics
- U.S. Retractable Needle Safety Syringes Market– Impact of Coronavirus (COVID-19) Pandemic
- Economic Impact
- COVID-19 Epidemiology
- Government Initiatives
- U.S. Retractable Needle Safety Syringes Market, By Product Type, 2016 – 2027, (US$ Mn)
- Overview
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
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- Overview
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- Overview
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- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
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- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Spinal Anesthesia and Epidural Needle
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
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- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- A.V. Fistula Needle
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Cannula Needle
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Retractable Syringes
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Overview
- U.S. Retractable Needle Safety Syringes Market, By Application, 2016 – 2027, (US$ Mn)
- Overview
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Sample Collection
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Drug Delivery
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Overview
- U.S. Retractable Needle Safety Syringes Market, By End User, 2016 – 2027, (US$ Mn)
- Overview
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017–2027
- Segment Trends
- Hospitals
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Physician Offices
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Nursing Home
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Dental Laboratories
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Diagnostic Centers
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Ambulatory Surgical Centers
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Homecare Settings
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Others
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Overview
- U.S. Retractable Needle Safety Syringes Market, By Distribution Channel, 2016 – 2027, (US$ Mn)
- Overview
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017–2027
- Segment Trends
- Hospital Pharmacies
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Private Clinics
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Retail Pharmacies and Drug Store
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- E-Commerce
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Overview
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