Design Improvements Positioning Retractable Safety Syringes for Growth.New Survey by Greystone Associates Analyzes the Impact of Evolving Market Factors AMHERST, N.H. -- Concern over sharps cross-contamination and caregiver care·giv·er n. 1. An individual, such as a physician, nurse, or social worker, who assists in the identification, prevention, or treatment of an illness or disability. 2. safety continues to drive technology and commercial innovation in the safety syringe syringe /sy·ringe/ (si-rinj´) (sir´inj) an instrument for injecting liquids into or withdrawing them from any vessel or cavity. sector. Following the lead of the Needlestick Safety and Prevention Act in the U.S., government regulations regarding syringe needle handling and disposal continue to proliferate pro·lif·er·ate v. To grow or multiply by rapidly producing new tissue, parts, cells, or offspring. worldwide, fostering increased demand in the use of safety syringes. While safety syringe products encompass a broad range of design approaches including manual and auto disabling dis·a·ble tr.v. dis·a·bled, dis·a·bling, dis·a·bles 1. To deprive of capability or effectiveness, especially to impair the physical abilities of. 2. Law To render legally disqualified. devices, retractable re·tract v. re·tract·ed, re·tract·ing, re·tracts v.tr. 1. To take back; disavow: refused to retract the statement. 2. syringes represent the most elegant approach to addressing the caregiver sharps risk issue by de-emphasizing the need for a sharps disposal step. New retractable designs address caregiver preferences and mitigate the cost premium associated with retractable models. While more that fifty companies compete in the safety syringe sector, about two-dozen companies manufacture and/or market safety syringes that influence the competitive landscape. Alliance agreements, such as the recently announced marketing and distribution agreement between Inviro Medical and Formosa Medical, will continue to be a factor in shaping this sector. We expect technology licensing to continue to play an important role in the market for safety syringes in general and retractable syringes in particular. These findings are contained in a new and comprehensive report: Retractable Safety Syringes: Players, Products, and Prospects. The survey forecast gains in clinical market share for retractable safety syringes with caregiver-friendly design features and improved economics and examines key business and economic factors driving this trend. More information is available at www.greystoneassociates.org. About Greystone Greystone Associates is a medical and healthcare technology consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a providing services in strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. , venture development, product commercialization, and technology and market assessment. |
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