Safety Needles Market to Surpass $3 Billion by 2026.
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The global safety needles market is expected to reach $3 billion by 2026, according to a new report by Allied Market Research.
The growth of the safety needles market is being driven by the increasing demand for safety measures in the healthcare industry.
Safety needles help to prevent needlestick injuries, which can transmit bloodborne diseases such as HIV and hepatitis B and C.
The market is also being driven by the increasing prevalence of chronic diseases such as diabetes and cancer.
These diseases require frequent injections, which increases the risk of needlestick injuries.
The safety needles market is segmented by product type and end user. By product type, the market is segmented into active safety needles and passive safety needles.
Active safety needles are more popular than passive safety needles due to their ability to automatically retract the needle after use.
By end user, the market is segmented into hospitals & ambulatory surgery centers, psychiatry, family practice, and others
The key players operating in the safety needles market include Becton, Dickinson and Company, Terumo Corporation, Retractable Technologies,
Inc., Smiths Group PLC., Cardinal Health, Nipro Corporation, Vygon SA, Novo Nordisk A/S, Johnson & Johnson (Ethicon Inc.), and B. Braun Melsungen AG.