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Needles Market trend, outlook 2025

06-28-2018 02:20 PM CET | Health & Medicine

Press release from: Coherent Market Insights - Medical Devices

Needles are integral part of healthcare functions. Needles provide advantage over other routes of administration such as quick release of the drug in bodily fluids and instant relief for the patients. It has various applications ranging from surgical use to blood collection to drug administration. Needles such as safety needles are increasingly used in order to avoid needle stick injuries and infection. Needles such as pen needles are used by diabetic patients who need daily dose of insulin which is injected subcutaneously.

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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.

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
Tel: +1–206–701–6702
Email: sales@coherentmarketinsights.com

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