(Health-NewsWire.Net, January 18, 2018 ) Safety syringes are specifically designed to protect healthcare workers and others from accidental needle-stick injuries, which will subsequently protect the hospital professions from healthcare-acquired infections.
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The growth of North America safety syringe market is mainly attributed to various factors like rising incidence of needlestick injuries, government initiatives and new legislations to incorporate the practice of safety syringes, favourable reimbursement policies, and improved safety mechanisms for syringes. Currently, several countries have enforced regulations to ensure the compulsory use of safety syringes with an aim of preventing needle stick injuries and restrict needle re-use. These regulations are expected to cause more common usage of safety syringes as compared to conventional syringes. However, accessibility to alternate drug delivery methods, expensiveness of safety syringes, ignorance in low income regions due to lack of awareness about healthcare and safety issues are few factors restraining the growth of North America safety syringes market.
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The North America safety syringes market can be categorized on the basis of technology into Retractable and Non-Retractable safety syringes. The retractable syringes market is sub-segmented into Automatic or Manual syringes. And the non-retractable safety syringes are sub-segmented into sliding needle cover syringes, sheathing tube syringes, and hinged needle cover syringes. Non-retractable safety syringes hold the major share of sales in the North America regions while the retractable safety syringes segment is anticipated to rise at a higher CAGR within the forecast period. Furthermore, on the basis of therapy, the safety syringes market can be categorized under Insulin, Tuberculosis, Glucagon-like peptide-1 (GLP-1) and Growth Hormones. Moreover, taking into account end users, the North America safety syringe market is branded under hospitals and home care segments.
Geographically, the North America safety syringe market is segmented and analysed USA and Canada. North America holding the largest share in terms of revenue as well as volume, is currently seeing a paradigm shift in usage of safety syringes from conventional syringes. Added to this, the growing demand for prefilled syringes equipped with safety features is also anticipated to boost the market growth in North American region.
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Some of the major companies operating in the North America 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, Inc.
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