28th
November 2018- United
States Retractable Needle Safety Syringes Market is expected to grow at a
significant CAGR in the upcoming years as the scope and its applications are
increasing across the globe. The factors that propel the growth of the global
United States Retractable Needle Safety Syringes Industry include increasing
demand, rapid urbanization & industrialization, and product development
& technological innovations.
In addition, some of the key factors that impel the market growth include
rising incidences of chronic diseases, growing geriatric population, and
increasing awareness among the healthcare professionals. Moreover, factors like
government initiative & regulation for safety practices, accidental needle
stick injuries and improved safety needles contribute to the market growth.
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United States Retractable Needle Safety Syringes Market is classified on
the basis of product type, applications, distribution channel and geography.
United States Retractable Needle Safety Syringes Industry is segmented by
product type as Automatic Retractable Needle Safety Syringes and Manual
Retractable Needle Safety Syringes. The Automatic Retractable Needle Syringes
comprises Vacuum Operated and Spring Operated.
United States Retractable Needle Safety Syringes Market is classified on
applications as Ambulatory Surgery Centers, Clinics, Hospitals, and others.
This market is segmented by distribution channel as online stores, specialty
stores and others. United States Retractable Needle Safety Syringes Industry is
classified on the basis of geography as The West, Southwest, The Middle
Atlantic, New England, The South and The Midwest.
Some of the key players that fuel the growth of the United States
Retractable Needle Safety Syringes Market include Axel Bio Corporation, Becton
Dickinson, DMC Medical Limited, Globe Medical Tech, Medtronic, Medigard
Limited, Retractable Technologies, SolMillennium, Smiths Medical, UltiMed, and
others. The key players are focusing on inorganic growth to sustain themselves
amidst fierce competition. As such, mergers, acquisitions, and joint ventures
are the need of the hour.
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