(PharmaNewsWire.Com, April 28, 2017 ) Market Data Forecast recently published a report on the “Middle-East and Africa Safety Syringe Market” which estimates the market to grow from $369 million from 2016 to $645 million by 2021 with a CAGR of 11.78% in the forecast period 2016-2021.
In order to protect health care professionals from hazards of using syringes the syringes come with a safety mechanism built in and with a detachable or a permanently attached needle. With the increasing number of accidents using traditional syringe, use of safety syringe has increased considerably.
Many developing countries still follow multiple avoidable malpractices that cause transfer of blood-borne diseases among patients and healthcare professionals. Most countries around the world have introduced laws for use of safety syringes in order to stop the injuries and also to stop reuse of needles.
With respect to rising events of needlestick injuries due to conventional syringes, demand of safety syringes is bound to grow substantially. Government provides and enforcing policies regarding proper use of safety syringes also boost the market growth. Many countries in Middle-East and Africa has enforced use of safety syringe and confined conventional syringes.
The safety syringe market is based on different technology, therapy, and end-user. Each sub segment is accompanied with Market Size Estimations and Y-o-Y Forecasts as well.
Segmentation • By Technology. • Retractable safety syringes. • Automatic. • Manual syringes. • Non-Retractable Syringes. • Sliding needle cover syringes. • Sheathing tube syringes. • Hinged needle cover syringes. • By Therapy. • Insulin. • Tuberculosis. • Glucagon-like peptide-1 (GLP-1). • Growth Hormones. • By End User. • Hospitals. • Home care segments.
On the basis of geography, the Middle-East and Africa safety syringe market is segmented and analyzed under various countries namely, UAE, Saudi Arabia, South Africa and Qatar. Middle-East and Africa regions are showing high potential for growth mainly owing to the populace strength. African countries have the high incidence of diseases duo to unsafe injection practices.
Some of the major companies operating in the Middle-East and Africa safety syringes market are Retractable Technologies, Inc., Covidien plc., Terumo Corporation, Unilife Corporation, Revolutions Medical Corporation, Becton, Dickinson & Company, Smiths Medical, Axel Bio Corporation, Sol-Millennum and Ultimed, In.
Scope of the Middle-East and Africa Safety Syringe Market:
• Regional and country-level analysis that provides an innate perspective of Middle-East and African regional Markets. • To detect major focus areas of industrial growth Segment-level analysis on basis of type, products, application and end-user along with market size forecasts and y-o-y estimations are provided • Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics • PESTLE and Porter’s Five Forces Analyses that examine the macro & micro environmental factors such as political influence, technological prowess, industry rivalry to name a few. • An extensive listing of major market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment • mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies all rolled out into Competitive landscape • Expertly devised Market Outlook comprising the Investment opportunities to provide both individuals and organizations a strong financial foothold in the market.
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