Press release
Needles Market trend, outlook 2025
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Market Dynamics
Major factor driving growth of the needles market is increasing demand for vaccines, globally to prevent various diseases such as measles, rubella and hepatitis B. According to World Health Organization (WHO) 2018, globally around 86% of infants are vaccinated against 26 diseases, however, 19.5 million children unvaccinated leading to death of 2-3 million children each year. Human papilloma virus causes cervical cancer and around 280,000 women died from cervical cancer in 2015 globally, which led to introduction of vaccine to prevent cervical cancer, in turn positively affecting needles market. Introduction of stringent guidelines for safe injection practices is expected to aid in growth of the needles market. For instance, WHO issued safe injection practices and guidelines in 2010, for its member country. Also, Association of Professionals in Infection Control and Epidemiology in the U.S. issued updated guidelines in 2016 to prevent spread of infectious disease through unsafe injection practices.
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Key features of the study:
This report provides in-depth analysis of needles market and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017–2025), considering 2016 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategy adopted by the leading players
It profiles leading players in the global needles market based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Medtronic plc, Becton, Dickinson and Company, Hamilton Company, Stryker Corporation, Terumo Corporation, B. Braun Melsungen AG, Boston Scientific Corporation, Nipro Medical Corporation, Novo Nordisk A/s, Thermo Fisher Scientific, and Smiths Medical
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion, and marketing tactics
The global needles market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the needles market.
Detailed Segmentation
Global Needles Market, By Needles Type:
Conventional Needles
Safety Needles
Global Needles Market, By Delivery Site:
Intradermal
Subcutaneous
Intravenous
Intramuscular
Intraperitoneal
Global Needles Market, By Application:
Pen Needles in Diabetes
Blood Collection Needles
Surgical Suture Needles
Ophthalmic Procedure Needles
Dentistry Needles
Insufflation Needles
Other Applications
Global Needles Market, By Material:
Stainless Steel Needles
Plastic Needles
Glass Needles
PEEK(Polyether Ether Ketone) Needles
Global Needles Market, By End User:
Hospitals
Clinics
Diagnostic Centers
Research Institutions.
Home based care
Others
Global Needles Market, By Region:
North America
By Needle Type
Conventional Needles
Safety Needles
By Delivery Site
Intradermal
Subcutaneous
Intravenous
Intramuscular
Intraperitoneal
By Application
Pen Needles in Diabetes
Blood Collection Needles
Surgical Suture Needles
Ophthalmic Procedure Needles
Dentistry Needles
Insufflation Needles
Other Applications
By Material
Stainless Steel Needles
Plastic Needles
Glass Needles
PEEK Needles
By End User
Hospitals
Clinics
Diagnostic Centers
Research Institutions.
Home based care
Others
By Country
U.S.
Canada
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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Coherent Market Insights
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Seattle, WA 98154
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