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(Medical-NewsWire.com, April 24, 2017 ) Middle-East and Africa Safety Syringes Market research report, published by Market Data Forecast estimates that the market is growing with a CAGR of 11.78% to reach USD 645 million by 2021, from USD 369 million in 2016.
Injection practices worldwide and especially in low- and middle-income countries (LMICs) include multiple, avoidable unsafe practices that ultimately lead to large scale transmission of blood-borne viruses among patients, health-care providers and the community at large.
For full report refer to http://www.marketdataforecast.com/market-reports/middle-east-and-africa-safety-syringes-market-353/
Over the past decade, there has been a considerable growth in usage of safety syringes over the conventional syringes. Safety syringes consist of an integrated safety that help to guard healthcare workers from inadvertent needle stick injuries.
At present, quite a few countries have enforced regulations to ensure the compulsory use of safety syringes with an intention of preventing needle stick injuries and confine needle re-use. These regulations are expected to increase the common usage of safety syringes as compared to conventional syringes.
Free sample of the report is available at http://www.marketdataforecast.com/market-reports/middle-east-and-africa-safety-syringes-market-353/request-sample
Key factors which affects and thereby shift the market dynamics are studied intrinsically and are presented in an illustrious way in the report.
Some of those factors are
Rise in incidence of needle stick injuries,
New initiatives and legislations by governments to incorporate the practice of safety syringes,
Favourable reimbursement policies
Upgraded safety mechanisms for syringes
Availability of alternate drug delivery methods,
High price of safety syringes and their ignorance in developing countries
For granular level understanding the Safety Syringes Market is segmented based on type and application, each being provided with Market Size Estimations and Y-o-Y Forecasts.
Based on Technology:
Retractable safety syringes
Automatic retractable safety syringes
Manual retractable safety syringes
Non-Retractable safety syringes
Sheathing tube syringes
Sliding needle cover syringes
Hinged needle cover syringes
Based on Therapy:
Insulin
Glucagon-like peptide-1 (glp-1)
Tuberculosis
Growth hormones
Based on End User:
Hospitals
Homecare
The Middle-East and Africa market is also analyzed individually in both the regions, thereby providing a more detailed geographical understanding of the market. Some of the major countries that hold significant place in this market include South Africa, Egypt, Israel and Algeria.
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Some of the key players that operate in the Middle-East and Africa Safety Syringes market include 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. Smiths Group reported a revenue of $3.78 billion dollars in the year 2016.
The Middle-East and Africa Safety Syringes market report offers wide-range of scope:
Regional level analysis that provides an individual perspective of Middle-East and Africa region individually and on a whole
Know more about key areas of industry growth via detailed Segment-level analysis on basis of technology, therapy, end-user along with market size forecasts and y-o-y estimations
Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics
Strategic Analyses containing PESTLE and Porters Five Forces Analyses which are obtained by studying the macro & micro environmental factors that affect the market demographics
Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
Market Outlook - Investment opportunities devised by stand in experts to provide both individuals and organizations a strong financial foothold in the market
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About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, www.marketdataforecast.com
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