Rising Concerns about Needlestick Injuries Propel the Global Safety Box for Syringe Market With CAGR 7.5% By 2032

FMI

This Safety Box For Syringe market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape.

The global market is expected to reach US$ 9.1 Billion in 2032 and exhibit growth at a considerable CAGR of 7.5% in future years.

Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Safety Box For Syringe market.

Global Safety Box for Syringe Market: Overview

Safety box for syringes is an innovative packaging solution for the disposal of used syringes and needles to safeguard against infection and bacteria. Safety box for syringe is designed achieve performance, quality, safety and meets the world health organization standards.

Safety box for syringe is made of solid board to make sure that the syringe stored inside does not penetrate through the box. Lockable lid on the safety box for syringe prevents the access once the box is in use.

Instructions and hazard warnings are printed on the safety box for syringes in order to increase usability.

Some of the features of safety box for syringe include availability in 5 to 10 liter sizes, made from solid board, moisture & puncture resistant, lockable flap ensures a safe closure and instructions are printed in several languages. As the use of syringes is increasing due to the increased vaccination among younger ones and for medications purposes, the safety box for syringe market is also expected to be on the rise during the forecast period.

Safety box for syringes are essential to reduce the risk of blood borne disease transmission through used needles. Safety box for syringe is also known as sharps containers.

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Safety box for syringe puncture proof and impermeable containers for safe disposable of used syringes, needles and other contaminated sharps. Safety box foe syringe should be filled once and discarded immediately.

Safety box for syringe, if used correctly and consistently can help prevent many blood borne diseases and needle stick injuries. The demand for safety box for syringe is expected to rise as they help protect health care workers, patients and the community from used and contaminated sharps.

Global Safety Box for Syringe Market: Dynamics

UNICEF anticipates SIE (Safe Injection equipment) projected demand for 2016-2017 to be for 1.4 billion AD syringes, 83.2 million disposable syringes, 41.6 million RUP syringes and 820,500 RUP syringes with SIP features, 26.7 million needles and 14.4 million safety boxes based on the demand forecast for these products. The rising number of patients who have been stricken with needle stick injuries accidentally is the factor driving the growth for safety box for syringe as the box prevents the patients from needle injuries and other diseases.

The instructions to use the safety box for syringe are:

  • Fill the safety box until it is about ¾ full (or up to the “Full” line if there is one printed on the box).
  • Do not force too many syringes into the box.
  • A 1-liter box, for outreach sessions, can hold about 20 syringes
  • A 5-liter safety box can hold up to 100 used syringes.
  • A 10-liter box can hold approximately 200 used syringes

The safety box for syringe with a capacity of 200 syringes is high on demand at it can store more syringes than other less capacity safety boxes. Also, the 10 liter safety box for syringe eliminates the need of changing the box frequently.

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Global Safety Box for Syringe Market: Regional Outlook

Geographically, the safety box for syringe market is segmented into North America, Latin America, Europe, South Asia, East Asia, Oceania and Middle East & Africa (MEA). The US & Germany is expected to be a mature market in the safety box for syringe market.

While, the India & China are expected to witness the maximum growth of safety box for syringe during the forecast period mainly due to the rapid growth in the healthcare industry in the developing economies. The growing GDP, increasing disposable incomes and growth trends in the healthcare sectors is driving the demand of safety box for syringe in these developing nations.

GCC Countries and South Africa are also expected to experience an above average growth in the safety box for syringe.

Global Safety Box for Syringe Market: Key Manufactures

  • Smurfit Kappa
  • HMD
  • JMI Syringes
  • Narang Medical Ltd.
  • Becton, Dickinson & Company
  • Hail Mediproducts Private Ltd.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with cosmetic containers market attractiveness as per segments.

The report also maps the qualitative impact of various market factors on market segments and geographies.

Regional analysis includes –

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan (APEJ)
  • Japan
  • Middle East & Africa (MEA)

Global Safety Box for Syringe Market: Segmentation

Global Safety box for syringe is segmented on the basis of capacity into:

  • 1 Liter
  • 5 Liter
  • 10 Liter

Global Safety box for syringe is segmented on the basis of application into:

  • Needles
  • Syringes
  • Lancets
  • Auto Injectors
  • Others Contaminated Sharps

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Frequently Asked Questions (FAQs)

  • What will be the growth of Safety Box for Syringe Market in the coming years?
  • Who are the key players in the Safety Box for Syringe Market?
  • What will be the size of Safety Box for Syringe Market in the foreseeable future?
  • Which end-use type is expected to register significant growth in the Safety Box for Syringe Market?
  • Which region accounted for the largest share in the Safety Box for Syringe Market?
  • Who are the target audience in the Safety Box for Syringe Market?

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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