"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**
- Material Type: The hypodermic needles market can be segmented based on the material type, including stainless steel needles, plastic needles, and glass needles. Stainless steel needles are durable and commonly used due to their sharpness and strength. Plastic needles are lightweight and can be disposable, making them suitable for certain medical procedures. Glass needles are known for their precision and are often used in laboratory settings.
- Application: Another key segment of the hypodermic needles market is based on application, which includes segments like insulin delivery, vaccination, drug delivery, blood sampling, and others. Insulin delivery needles are specifically designed for diabetic patients to administer insulin effectively. Vaccination needles are used for immunization programs globally. Drug delivery needles are used to administer medications in various forms. Blood sampling needles are crucial for diagnostic procedures.
- End-User: The market can also be segmented based on the end-user, including hospitals & clinics, ambulatory surgical centers, diabetic care centers, research laboratories, and others. Hospitals and clinics are the primary end-users of hypodermic needles, where a majority of medical procedures take place. Ambulatory surgical centers provide same-day surgical care, often requiring the use of hypodermic needles. Diabetic care centers cater to patients requiring insulin injections. Research laboratories use hypodermic needles for scientific experiments and sample collection.
**Market Players**
- Becton, Dickinson and Company
- Boston Scientific Corporation
- Terumo Corporation
- B. Braun Melsungen AG
- Smiths Group plc
- Nipro Corporation
- Novo Nordisk A/S
- Ypsomed
- Gerresheimer AG
- Gerresheimer AG
https://www.databridgemarketresearch.com/reports/global-hypodermic-needles-marketThe global hypodermic needles market is witnessing significant growth due to several key factors. One of the primary drivers of market growth is the increasing prevalence of chronic diseases worldwide, leading to a rising demand for various medical procedures that require hypodermic needles. Additionally, the growing geriatric population, coupled with the expanding healthcare infrastructure in emerging economies, is fueling the adoption of hypodermic needles across different healthcare settings. Moreover, advancements in needle technologies, such as the development of safety needles to prevent needlestick injuries and the introduction of novel materials for needle manufacturing, are contributing to market expansion.
In terms of market trends, there is a notable shift towards the use of prefilled syringes and pen injectors, which offer convenience and ease of use for patients requiring regular injections. This trend is particularly prominent in the diabetic care segment, where the demand for insulin delivery needles is high. Furthermore, increasing awareness about needle reuse prevention and stringent regulatory guidelines regarding needle safety are influencing market dynamics, leading to the widespread adoption of safety-engineered needles by healthcare facilities to reduce the risk of needlestick injuries among healthcare workers.
On the competitive landscape front, key market players such as Becton, Dickinson and Company, Boston Scientific Corporation, Terumo Corporation, and others are focusing on product innovations and strategic collaborations to enhance their market presence. These companies are investing in research and development activities to introduce advanced needle technologies that offer improved patient comfort, safety, and precision. Moreover, strategic partnerships with healthcare providers and distributors are enabling market players to expand their geographical reach and strengthen their distribution networks.
Looking ahead, the global hypodermic needles market is poised for continued growth, driven by factors such as the increasing adoption of injectable therapies, rising healthcare expenditure, and ongoing advancements in needle design and material technologies. However, challenges such as stringent regulatory requirements, pricing pressures, and concerns regarding needle disposal and environmental impact may pose constraints to market growth. Overall, the market is expected to witness steady expansion in the**Segments**
- Material Type: The global hypodermic needles market can be segmented based on the material type, including stainless steel needles, plastic needles, and glass needles. Stainless steel needles are preferred for their durability and sharpness, making them suitable for a wide range of medical procedures. Plastic needles, on the other hand, are lightweight and disposable, making them convenient for single-use applications. Glass needles are known for their precision and are commonly used in laboratory settings where accuracy is paramount.
- Application: Another key segment of the hypodermic needles market is based on application, including insulin delivery, vaccination, drug delivery, blood sampling, and others. Insulin delivery needles are tailored for diabetic patients to ensure precise insulin administration. Vaccination needles play a crucial role in global immunization programs. Drug delivery needles are essential for administering medications efficiently, while blood sampling needles are vital for diagnostic purposes, enabling healthcare professionals to collect samples for testing and analysis.
- End-User: The market can also be segmented based on the end-user, such as hospitals & clinics, ambulatory surgical centers, diabetic care centers, research laboratories, and others. Hospitals and clinics are the primary users of hypodermic needles, where a diverse range of medical procedures are performed. Ambulatory surgical centers focus on providing same-day surgical care and often require the use of hypodermic needles for various injections. Diabetic care centers cater specifically to patients requiring insulin injections, while research laboratories utilize hypodermic
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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