Press release
Hypodermic Needles Market - Increasing Mergers and Acquisitions Between Manufacturing Companies Will Take Market Towards 4720 Million USD by 2025.
Cutting edge technologies, innovations, and arrivals of new medical devices is changing the face of medical devices and consumables industry. Medical devices along with rising use of mobile applications for diagnosis and for the analysis diseases is expected to reduce the cost of various medical tests.This study researches the market size of Hypodermic Needles in United States, European Union and China, presents the Hypodermic Needles production, consumption, value, product price, market share and growth rate by companies, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2013 to 2018.
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Hypodermic needles are hollow needles with sharp tip attached with syringes to inject or extract fluids from the body.
Increasing prevalence of chronic diseases and technological advancements in hypodermic needle-based drug delivery are some of the major growth drivers of the global hypodermic needles market. According to an article published by the National Center for Biotechnology Information (NCBI), diabetes affected 285 million people worldwide in 2010 and the number is likely to reach 439 million by 2030. Increasing prevalence of diabetes has resulted in a significant rise in demand for hypodermic and insulin syringes.
However, high risk of infections associated with administration of drug delivery throughhypodermic needles restrains growth of this market. In addition, increased risk of needle stick injuries and availability of alternatives also restrain growth of the global hypodermic needles market. Rapid product launches and increasing mergers and acquisitions between manufacturing companies and government organizations are some of the recent trends in the global hypodermic needles market.
In 2018, the market size of Hypodermic Needles is 2940 million US$ and it will reach 4720 million US in 2025, growing at a CAGR of 6.1% from 2018; while in China, the market size is valued at xx million US$ and will increase to xx million US in 2025, with a CAGR of xx% during forecast period.
In this report, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Hypodermic Needles.
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In United States, European Union and China market, the following companies are covered:
BD
Medtronic
Retractable Technologies
Terumo Medical Corporation
Smiths Medical
...
Market Segment by Product Type
Safety Needle
Non-Safety Needle
Market Segment by Application
Hospitals
ASCs
Homecare
Key Regions split in this report:
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
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The study objectives are:
To analyze and research the Hypodermic Needles status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Hypodermic Needles manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Hypodermic Needles are as follows:
History Year: 2013-2018
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
QYResearch, established in 2007, focuses on custom research, management consulting, IPO consulting, industry chain research, and data base &seminar services. The company owns large basic databases (such as National Bureau of Statistics Database, Customs Import and Export Database, Industry Association Database, etc.), expert resources (including industry experts who own more than 10 years experiences on marketing or R&D in industries of energy, automotive, chemicals, medical ICT consumer goods, etc.), professional survey team (the team members obtained more than 3 years market survey experience and more than 2 years deep expert interview experience), and excellent data analysis team (SPSS statistics and PPT graphics process team).
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