Market Overview:
The global prefilled safety device market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of needle-stick injuries and blood-borne infections, growing demand for safer medical devices, and rising awareness about safety syringes. Based on type, the global prefilled safety device market is segmented into retractable needles, safety syringes, safety hypodermic needles, and others. The retractable needle segment is expected to account for the largest share of the global prefilled safety device market in 2018. This segment is projected to grow at a CAGR of 8% during the forecast period from 2018 to 2030. The growth in this segment can be attributed to its ease of use and low cost as compared with other types of prefilled saftey devices. Based on application, the global preffiled safey device market is divided into hospitals, clinics,,and others segments .
Product Definition:
A prefilled safety device is a container of medication or other fluid that is sealed and fitted with a needle. The needle is automatically retracted after the device is used, preventing exposure to blood and other body fluids.
Retractable Needle:
Retractable needles are used to fill the prefilled syringes. They have a hollow point which can be attached to a liquid filling and then they can be used for injecting the drug into the patient. The retractable needle is one of the important components in pre-filled safety devices as it helps in reducing preparation time, eliminating contamination risks, and minimizing waste generation during drug delivery.
Safety Syringe:
Safety syringe is a device used to inject anesthetic during dental procedures. It's main function is to reduce the risk of accidental injection and help in maintaining patient safety during various dental treatments.
The global prefilled safety device market size was valued at USD 1,22,867.1 thousand in 2016.
Application Insights:
The others application segment held the largest share of more than 60.0% in 2017. The segment includes clinics and other healthcare facilities, such as dentists and optometrists offices, veterinary hospitals, and laboratories among others. These locations require a high volume of safety devices to be stocked for patient use thus are expected to drive the global prefilled safety device market at these sites over the forecast period.
Hospitals are anticipated to be one of the fastest-growing segments owing to increasing awareness about HIV/AIDS infection among people across all age groups thus driving demand for safer sex practices that may result in increased prevalence of HIV/AIDS across all regions where this disease is prevalent including Central Africa Republic, Congo Brazzaville, Tanzania United Republic Of Tanzania amongst many others which is further expected to increase hospital admissions resulting in an increased need for medical devices & equipment thereby supporting industry growth over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-established healthcare infrastructure, high awareness levels pertaining to needle stick injuries, and government initiatives promoting safety are some of the major factors driving the regional demand. For instance, in 2014, a collaborative effort was made between CDC’s National Safety Council and American Medical Association to develop national patient safety goals for hospitals that aim at reducing preventable hospital-acquired infections (HAIs).
Asia Pacific is expected to be one of the fastest growing regions over the forecast period owing to rising disposable income coupled with increasing penetration of prefilled devices in emerging countries such as China and India. Furthermore, improving healthcare facilities due to supportive government policies is also anticipated favorably impact regional growth during future years. Moreover, an increase in road accidents has led health organizations worldwide recommend using protective gloves while dealing with sharp objects such as glass or metal shards which will further boost product demand over next eight years.
Growth Factors:
- Increasing demand for prefilled safety devices from the pharmaceutical and biotechnology industries for improved patient safety.
- Growing number of product approvals and launches by key players in the market.
- Rising prevalence of chronic diseases that require repeated injections, which is expected to drive the demand for prefilled safety devices over the forecast period.
- Technological advancements in prefilled safety devices that offer enhanced accuracy, precision, and reliability along with reduced risk of infection or contamination during drug administration procedures are expected to boost market growth over the forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Prefilled Safety Device Market Research Report
By Type
Retractable Needle, Safety Syringe, Safety Hypodermic Needle, Others
By Application
Hospitals, Clinics, Others
By Companies
Retractable Technologies, BD, B.Braun Holding, Axel Bio, Sol-Millennium, Medigard, Smiths Medical, UltiMed
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Prefilled Safety Device Market Report Segments:
The global Prefilled Safety Device market is segmented on the basis of:
Types
Retractable Needle, Safety Syringe, Safety Hypodermic Needle, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Retractable Technologies
- BD
- B.Braun Holding
- Axel Bio
- Sol-Millennium
- Medigard
- Smiths Medical
- UltiMed
Highlights of The Prefilled Safety Device Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Retractable Needle
- Safety Syringe
- Safety Hypodermic Needle
- Others
- By Application:
- Hospitals
- Clinics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Prefilled Safety Device Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A prefilled safety device is a type of cartridge that contains the required components for a specific application. These cartridges are designed to be inserted into an existing firearm and provide the user with the necessary safety features.
Some of the key players operating in the prefilled safety device market are Retractable Technologies, BD, B.Braun Holding, Axel Bio, Sol-Millennium, Medigard, Smiths Medical, UltiMed.
The prefilled safety device market is expected to register a CAGR of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Prefilled Safety Device Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Prefilled Safety Device Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Prefilled Safety Device Market - Supply Chain
4.5. Global Prefilled Safety Device Market Forecast
4.5.1. Prefilled Safety Device Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Prefilled Safety Device Market Size (000 Units) and Y-o-Y Growth
4.5.3. Prefilled Safety Device Market Absolute $ Opportunity
5. Global Prefilled Safety Device Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Prefilled Safety Device Market Size and Volume Forecast by Type
5.3.1. Retractable Needle
5.3.2. Safety Syringe
5.3.3. Safety Hypodermic Needle
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Prefilled Safety Device Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Prefilled Safety Device Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Clinics
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Prefilled Safety Device Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Prefilled Safety Device Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Prefilled Safety Device Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Prefilled Safety Device Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Prefilled Safety Device Demand Share Forecast, 2019-2026
9. North America Prefilled Safety Device Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Prefilled Safety Device Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Prefilled Safety Device Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Clinics
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Prefilled Safety Device Market Size and Volume Forecast by Type
9.7.1. Retractable Needle
9.7.2. Safety Syringe
9.7.3. Safety Hypodermic Needle
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Prefilled Safety Device Demand Share Forecast, 2019-2026
10. Latin America Prefilled Safety Device Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Prefilled Safety Device Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Prefilled Safety Device Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Clinics
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Prefilled Safety Device Market Size and Volume Forecast by Type
10.7.1. Retractable Needle
10.7.2. Safety Syringe
10.7.3. Safety Hypodermic Needle
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Prefilled Safety Device Demand Share Forecast, 2019-2026
11. Europe Prefilled Safety Device Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Prefilled Safety Device Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Prefilled Safety Device Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Clinics
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Prefilled Safety Device Market Size and Volume Forecast by Type
11.7.1. Retractable Needle
11.7.2. Safety Syringe
11.7.3. Safety Hypodermic Needle
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Prefilled Safety Device Demand Share, 2019-2026
12. Asia Pacific Prefilled Safety Device Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Prefilled Safety Device Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Prefilled Safety Device Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Clinics
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Prefilled Safety Device Market Size and Volume Forecast by Type
12.7.1. Retractable Needle
12.7.2. Safety Syringe
12.7.3. Safety Hypodermic Needle
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Prefilled Safety Device Demand Share, 2019-2026
13. Middle East & Africa Prefilled Safety Device Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Prefilled Safety Device Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Prefilled Safety Device Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Clinics
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Prefilled Safety Device Market Size and Volume Forecast by Type
13.7.1. Retractable Needle
13.7.2. Safety Syringe
13.7.3. Safety Hypodermic Needle
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Prefilled Safety Device Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Prefilled Safety Device Market: Market Share Analysis
14.2. Prefilled Safety Device Distributors and Customers
14.3. Prefilled Safety Device Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Retractable Technologies
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BD
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. B.Braun Holding
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Axel Bio
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sol-Millennium
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Medigard
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Smiths Medical
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. UltiMed
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
