"Hypodermic Needles Market – Industry Trends and Forecast to 2028
Global Hypodermic Needles Market, By Product Type (Safety Hypodermic Needles, Non-Safety Hypodermic Needles), Application (Drug Delivery, Vaccination, Blood Specimen Collection), End-User (Hospitals and Clinics, Ambulatory Surgical Centers, Diabetic Patients, Family Practices, Psychiatrics, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Hypodermic needles market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a CAGR of 8.3% in the above-mentioned forecast period.
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Hypodermic needles are basically the hand-operated device classified under the category of medical needle attached to syringe is a very thin, hollow tube with one sharp tip. It is designed to extract or drug delivery, blood specimen collection and vaccination, which consist of a very minute opening at one end to extract or deposit fluids in the body. These needles directly enter the blood stream by inserting into the skin.
**Segments**
- By Type: The hypodermic needles market can be segmented based on type into conventional needles and safety needles. Conventional needles refer to the standard needle design used for injections, while safety needles are equipped with safety mechanisms to prevent needlestick injuries.
- By Application: The market can also be segmented by application into drug delivery, vaccination, blood sampling, and others. These needles serve various purposes within the medical field, from administering medications to drawing blood samples for diagnostic tests.
- By End-User: End-users of hypodermic needles include hospitals and clinics, diagnostic centers, ambulatory surgical centers, and home healthcare settings. Each of these end-users has specific requirements when it comes to needle usage, depending on the nature of their healthcare services.
**Market Players**
- Becton, Dickinson and Company: As a global leader in the hypodermic needles market, BD offers a wide range of conventional and safety needles for various medical applications. The company's focus on innovation and patient safety has solidified its position in the market.
- Terumo Corporation: Terumo Corporation is another key player known for its high-quality hypodermic needles. The company emphasizes precision engineering and safety features in its needle products, catering to the needs of healthcare providers worldwide.
- Medtronic: Medtronic is a prominent player in the hypodermic needles market, offering a diverse portfolio of needles for different medical procedures. The company's commitment to product quality and technological advancements has helped it gain a competitive edge.
- Smiths Medical: Smiths Medical is recognized for its range of hypodermic needles that prioritize both efficacy and patient comfort. The company's innovative needle designs and dedication to healthcare solutions have contributed to its market prominence.
- Nipro Corporation: Nipro Corporation is a trusted manufacturer of hypodermic needles known for their performance and reliability. The company's focus on user-friendly designs and safety features has made its needlesThe hypodermic needles market is driven by various factors such as the growing prevalence of chronic diseases, the increasing number of surgical procedures, and the rising demand for vaccinations and diagnostic tests. With the expanding healthcare infrastructure and the emphasis on patient safety, the need for high-quality and innovative hypodermic needles is paramount. Market players like Becton, Dickinson and Company, Terumo Corporation, Medtronic, Smiths Medical, and Nipro Corporation play a crucial role in meeting these requirements through their diverse product portfolios and focus on technological advancements.
Becton, Dickinson and Company (BD) stands out as a global leader in the hypodermic needles market, as the company offers a wide range of conventional and safety needles that cater to various medical applications. BD's commitment to innovation and patient safety has been a key driver of its success in the market, as healthcare providers increasingly look for products that can enhance clinical outcomes while minimizing the risk of needlestick injuries.
Terumo Corporation is another significant player in the hypodermic needles market, known for its high-quality needle products that emphasize precision engineering and safety features. The company's focus on meeting the needs of healthcare providers worldwide has enabled it to establish a strong market presence and build a reputation for reliability and performance in its needle offerings.
Medtronic is a prominent player in the hypodermic needles market, offering a diverse portfolio of needles designed for various medical procedures. The company's emphasis on product quality and technological advancements has set it apart in the market, as healthcare facilities seek needles that can provide both efficacy and patient comfort during medical interventions.
Smiths Medical is well-recognized for its range of hypodermic needles that prioritize patient comfort and clinical efficacy. The company's commitment to innovation and healthcare solutions has contributed to its market prominence, as healthcare providers seek needles that can meet the evolving needs of patient care while ensuring optimal clinical outcomes.
Nipro Corporation is a trusted manufacturer of hypodermic needles known for their**Global Hypodermic Needles Market, By Product Type (Safety Hypodermic Needles, Non-Safety Hypodermic Needles), Application (Drug Delivery, Vaccination, Blood Specimen Collection), End-User (Hospitals and Clinics, Ambulatory Surgical Centers, Diabetic Patients, Family Practices, Psychiatrics, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
- The global hypodermic needles market is expected to witness significant growth over the forecast period due to factors such as the increasing prevalence of chronic diseases, rising demand for vaccinations, and the growing number of surgical procedures worldwide.
- Safety hypodermic needles are anticipated to experience substantial demand owing to the emphasis on reducing needlestick injuries and ensuring healthcare worker safety during medical procedures.
- The application segment, particularly drug delivery and blood specimen collection, is projected to dominate the market as healthcare facilities continue to rely on hypodermic needles for medication administration and diagnostic purposes.
- Hospitals and clinics are forecasted to be the leading
Hypodermic Needles Key Benefits over Global Competitors:
- The report provides a qualitative and quantitative analysis of the Hypodermic Needles Market trends, forecasts, and market size to determine new opportunities.
- Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
- Top impacting factors & major investment pockets are highlighted in the research.
- The major countries in each region are analyzed and their revenue contribution is mentioned.
- The market player positioning segment provides an understanding of the current position of the market players active in the Personal Care Ingredients
Table of Contents: Hypodermic Needles Market
1 Introduction
2 Global Hypodermic Needles Market Segmentation
3 Executive Summary
4 Premium Insight
5 Market Overview
6 Hypodermic Needles Market, by Product Type
7 Hypodermic Needles Market, by Modality
8 Hypodermic Needles Market, by Type
9 Hypodermic Needles Market, by Mode
10 Hypodermic Needles Market, by End User
12 Hypodermic Needles Market, by Geography
12 Hypodermic Needles Market, Company Landscape
13 Swot Analysis
14 Company Profiles
Critical Insights Related to the Hypodermic Needles Included in the Report:
- Exclusive graphics and Illustrative Porter’s Five Forces analysis of some of the leading companies in this market
- Value chain analysis of prominent players in the market
- Current trends influencing the dynamics of this market across various geographies
- Recent mergers, acquisitions, collaborations, and partnerships
- Revenue growth of this industry over the forecast period
- Marketing strategy study and growth trends
- Growth-driven factor analysis
- Emerging recess segments and region-wise market
- An empirical evaluation of the curve of this market
- Ancient, Present, and Probable scope of the market from both prospect value and volume
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