Hypodermic Needles Market Trends, Growth, Price, Demand and Forecasts To 2021
According to the report, NSIs are the major cause for blood-borne diseases among healthcare workers around the world. Due to unsafe injection practices, annually 3 million healthcare workers are exposed to blood-borne infectious diseases.
According to the report, NSIs are the major cause for blood-borne diseases among healthcare workers around the world. Due to unsafe injection practices, annually 3 million healthcare workers are exposed to blood-borne infectious diseases.
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<strong>Hypodermic</strong> <strong>Needles</strong> <strong>Market</strong> Size, Share, Strategies, Global Insights,<br />
Analysis <strong>and</strong> <strong>Forecasts</strong>, 2017 <strong>To</strong> <strong>2021</strong><br />
About <strong>Hypodermic</strong> <strong>Needles</strong><br />
A hypodermic needle is an integral part of healthcare for parenteral drug delivery <strong>and</strong> has been in<br />
regular use globally for more than five decades. The global hypodermic needles market has been<br />
witnessing continuous technological innovations <strong>and</strong> developments over the years.<br />
Technavio’ s analysts forecast the global hypodermic needles market to grow at a CAGR of 6.83% during<br />
the period 2016-2020.<br />
Browse full report with TOC @ https://marketreportscenter.com/reports/482212/global-hypodermicneedles-market-2016-2020<br />
Global <strong>Hypodermic</strong> <strong>Needles</strong> <strong>Market</strong> 2016-2020<br />
Report recognizes the following companies as the key players in the global hypodermic needles market:<br />
BD, Medtronic, Retractable Technologies, Terumo Medical Corporation, <strong>and</strong> Smiths Medical<br />
Other Prominent Vendors in the market are: Albert David, B. Braun Melsungen, C.R Bard, Catalent<br />
Pharma Solutions, Connecticut <strong>Hypodermic</strong>s, DeRoyal, Exel International, Hamilton Syringes & <strong>Needles</strong>,<br />
Hindustan Syringes & Medical Devices Limited, Hi-Tech Syringes, International Medsurg Connection,<br />
MedPro Safety Products (MPSP), Needletech Products, Nipro Medical, Novo Nordisk, Revolutions<br />
Medical Corporation, Safety Medical Supply, Simply Surgicals, SOL-MILLENIUM, Unilife Corporation,<br />
Vigmed, Vita Needle Company, <strong>and</strong> Vygon<br />
Commenting on the report, an analyst from Report’ s team said: “Governments worldwide have begun<br />
implementing legislation that limits the frequency of NSIs. With enforcement of these legislations,<br />
healthcare <strong>and</strong> pharmaceutical markets across the world are now transitioning to the m<strong>and</strong>atory use of<br />
safety needles/syringes to help protect those at risk of infection from NSIs <strong>and</strong> other unsafe injection<br />
practices. These compulsory regulations will have a huge impact <strong>and</strong> will increase the market size of<br />
global hypodermic needles. Legislations now m<strong>and</strong>ate employers within the industry to implement<br />
formal written exposure control plans <strong>and</strong> actively involve frontline HCWs in the selection of safe needle<br />
devices. The legislation also requires employers to create <strong>and</strong> maintain sharps injury logs containing<br />
detailed information on the type, br<strong>and</strong>, <strong>and</strong> manufacturer of devices associated with such injuries.”<br />
According to the report, NSIs are the major cause for blood-borne diseases among healthcare workers<br />
around the world. Due to unsafe injection practices, annually 3 million healthcare workers are exposed
to blood-borne infectious diseases. As per the WHO, almost 40% of Hepatitis B, Hepatitis C, <strong>and</strong> 5% of<br />
HIV/AIDS affecting healthcare workers globally are due to NSIs. Various studies conducted globally in<br />
different hospitals show that half of the injuries occur during the needle use among which more than<br />
30% are from re-used needles, while around 25% injuries occur during needle disposal. Further, only<br />
25% of the injured healthcare workers report to the appropriate authority. These rising incidences of<br />
NSIs have caused huge awareness not only among the governments of the countries but also among the<br />
healthcare professionals.<br />
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Further, the report states that a majority of safety hypodermic needles require moderate usage training,<br />
which is time-consuming <strong>and</strong> labor intensive. Typically, before introducing these types of devices in<br />
hospital facilities, appropriate training tools (e.g., video, literature) <strong>and</strong> training materials need to be<br />
provided regarding the device usage. Thus, improper training may lead to improper use of the device<br />
<strong>and</strong> misjudgment of the dead space, thereby causing NSIs.<br />
The study was conducted using an objective combination of primary <strong>and</strong> secondary information<br />
including inputs from key participants in the industry. The report contains a comprehensive market <strong>and</strong><br />
vendor l<strong>and</strong>scape in addition to a SWOT analysis of the key vendors.<br />
Covered in this report<br />
The report covers the present scenario <strong>and</strong> the growth prospects of the global hypodermic needles<br />
market for 2016-2020. <strong>To</strong> calculate the market size, the report considers the revenue generated from<br />
the sales of hypodermic needles.<br />
The market is divided into the following segments based on geography:<br />
Americas<br />
APAC<br />
EMEA<br />
Technavio's report, Global <strong>Hypodermic</strong> <strong>Needles</strong> <strong>Market</strong> 2016-2020, has been prepared based on an indepth<br />
market analysis with inputs from industry experts. The report covers the market l<strong>and</strong>scape <strong>and</strong> its<br />
growth prospects over the coming years. The report also includes a discussion of the key vendors<br />
operating in this market.<br />
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Connect for more details:<br />
Sam Collins<br />
<strong>Market</strong> Reports Center<br />
1-646-883-3044 (US)<br />
info@marketreportscenter.com