Smart syringes can be defined as medical devices that are engineered with safety mechanisms to prevent the reuse of syringes and regulates unsafe injection practices. Smart syringes are designed with features to protect the person being injected from needle stick injuries, blood-borne diseases such as hepatitis C virus (HCV), hepatitis B virus (HBV), human immunodeficiency virus (HIV) and resulting deadly infections. They cater to a wide range of applications that include vaccination, drug delivery, and blood specimen collection. Different types of smart syringes including auto disable (AD) syringes, passive safety syringes and active safety syringes are used depending on the nature of application. Active safety syringes are the most common type of smart syringes used across all healthcare sectors, whereas, auto disable (AD) syringes are the most popular syringes used for vaccination purposes.
1.1 Company Overview
1.2 Company Snapshot
1.3 Operating Business Segment
1.4 Business Performance
1.5 Key Strategic moves and Development
TABLE 1. COMPANY SNAPSHOT OF RETRACTABLE TECHNOLOGIES, INC.
FIG. 1. RETRACTABLE TECHNOLOGIES, INC. FINANCIAL REVENUES BY YEAR (2011-2014)
FIG. 2. RETRACTABLE TECHNOLOGIES, INC. FINANCIAL REVENUE BY GEOGRAPHY (2014)
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