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The needlestick safety injection devices market is anticipated to grow at a commendable pace by 2035, claims Roots Analysis

An exponential increase in the annual cost burden due to needlestick injuries, has fueled a corresponding rise in demand for safe and highly advanced safety devices to be developed by the stakeholders engaged in the healthcare industry to generate a stringent regulation for the prevention of needle-stick injuries.

Roots Analysis has announced the addition of “Needlestick Safety Injection Devices Market, 2022-2035” report to its list of offerings.

Given the inherent benefits of needlestick safety injection devices, number of developers have launched their proprietary devices for minimizing the risk of needlestick injuries. Moreover, stringent regulatory requirements have further prompted the stakeholders to improve product design and integrate better safety measures in their products, including needle shielding.


Key Market Insights

Currently, around 120 needlestick safety injection devices are available in the market
More than 35% of these injection devices are needles having the ability to retract or shield, followed by syringes (30%). It is worth noting that more than 90% of the needlestick safety injection devices are non-reusable (intended for single use) thereby reducing the chances of blood borne pathogen infections.

Over 50 companies claim to develop needlestick safety injection devices, worldwide
Presently, the market is dominated by very small companies (33%) and small companies (25%). It is worth noting that majority (40%) of the firms engaged in this domain are based in Europe, followed by North America (39%).

Partnership activity within this field has grown significantly between 2020 and 2022
Maximum number of partnerships (31%) were established in 2020 indicating a recent rise in the interest of developers engaged in the development of needlestick safety injection devices. It is worth highlighting that majority of the deals were acquisitions.

Over USD 260 million has been invested by both private and public investors, since 2016
Companies involved in the development of needlestick safety injection devices have raised around USD 70 million through venture funding, which represents 25% of the total capital raised in the given time period. Overall, around 20 investors have actively financed various projects / initiatives in this domain.

Close to 20 global events were organized in the past couple of years in this industry
Majority of the events related to needlestick safety injection device were organized in North America (22%). It is worth highlighting that the main agenda of these events was to discuss role of needlestick safety injection devices to prevent the needlestick injuries.

More than 140 patents have been filed / granted related to needlestick safety injection devices, since 2018
Of these, over 60 patents were filed / granted in 2022 (till April). Industry players that have filed maximum number of patents related to needlestick safety injection devices include (in decreasing order of number of patents filed) BD, West Pharmaceutical Services, B. Braun, Retractable Technologies and Safety Syringes.

North America and Europe are anticipated to capture more than 75% of the market by 2035
Growth in this domain is anticipated to be primarily driven by the rising cases of needlestick injuries amongst the healthcare workers. The Asia-Pacific needlestick safety injection devices market currently accounts for more than 20% of the global market.


To request a sample copy / brochure of this report, please visit this https://www.rootsanalysis.com/....reports/needlestick-


Key Questions Answered
 Who are the leading needlestick safety injection devices developers?
 Which are the popular types of safety injection devices available in this market?
 What are the key challenges faced by stakeholders engaged in the development of needlestick safety injection devices?
 What types of partnership models are commonly being adopted by stakeholders in this industry?
 How has the intellectual property landscape of needlestick safety injection devices developers evolved over the years?
 Which factors are likely to influence the evolution of this market?
 How is the current and future market opportunity likely to be distributed across key market segments?

The research also includes detailed profiles of key players (listed below), each profile features an overview of the company, its financial information (if available), details on product portfolio, recent developments, and an informed future outlook.
 B. Braun
 BD
 Gerresheimer
 HTL-STREFA
 Nipro Europe Group Companies
 SOL-MILLENNIUM Medical Group

For additional details, please visit https://www.rootsanalysis.com/....reports/needlestick- or email sales@rootsanalysis.com


You may also be interested in the following titles:
1. Targeted protein degradation market, 2022-2035
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3. Single-Use Upstream Bioprocessing Technology / Equipment Market, 2022-2035

About Roots Analysis
Roots Analysis is one of the fastest growing market research companies, sharing fresh and independent perspectives in the bio-pharmaceutical industry. The in-depth research, analysis and insights are driven by an experienced leadership team which has gained many years of significant experience in this sector. If you’d like help with your growing business needs, get in touch at info@rootsanalysis.com

Contact:
Ben Johnson
+1 (415) 800 3415
+44 (122) 391 1091
Ben.johnson@rootsanalysis.com

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#blog | Site reliability engineering (SRE) is a strategic approach for digital businesses to maintain a balance between launching new apps faster and ensuring these apps are highly intuitive, failure-proof, and reliable. It helps minimize the risk of failure, optimize monitoring, automate IT, and accelerate delivery. Read the blog to know more.

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Buy King Mattress: Evaluate the 4 Essential Factors Before Choosing a Furniture Store


Suppose you want to buy king mattress, so you must check these crucial factors before making a mistake. Keep reading this blog to learn about these essential factors you must look for while choosing a furniture store. To read the full article, visit here https://www.atoallinks.com/202....2/buy-king-mattress-

Organza, the most luxurious material, which adds sheer shine to an outfit, has skyrocketed in demand in the form of sarees. Drape an organza saree to shine at weddings and Indian festivities.

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A private trip bus on rental offers the best amenities and enjoyment for a group trip. It is well-known that plane tickets can be quite expensive. Private trip bus rentals are a great option for groups and can often be very affordable.
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According to Fortune Business Insights™, the global floor coatings market size is projected to reach USD 4,734.9 million by 2027, exhibiting a CAGR of 7.8% during the forecast period. Rising preference for sustainable flooring solutions will be a central factor driving the growth of this market, as shares in its report.

With growing pollution from buildings and infrastructures in urban areas, consumers are showing an increasing inclination towards adopting flooring products that have low levels of volatile organic compounds (VOCs) and low carbon emissions. As a result, several floor coating manufacturers are developing sustainable flooring solutions to meet this changing consumer behavior. For example, Ecoflor, a UK-based flooring company, has developed Smooth PU (polyurethane) and Liquid Vinyl floors that have long life expectancy and can be re-sealed or modified within premises. As a result, these floors are not only sustainable but are also cost-effective. Similarly, US-based Liquid Floors has been offering green epoxy floor coatings that have zero VOC content. Thus, the widening availability of green floor coatings will hugely benefit the growth of this market.

Browse Detailed Summary of Research Report:

https://www.fortunebusinessins....ights.com/floor-coat

School bus rental services like Magna Charter provide you with well-maintained buses and follow all the safety standards and guidelines of Washington Dc. Magna Charter offers the best services for School Bus rentals in Washington DC.
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What Is The Best Multi Metal Cleaner?

Finding the best multi metal cleaner isn't a simple task. Most people are looking for convenience, but they aren't going to find it with the wrong cleaner. After all, they have to take time to squeeze out each and every product one at a time. Even if they need to pour it on their hands or put it in a different location, some people will try multiple times before finding success. All of this time could be saved if they find the right multi metal cleaner.