openPR Logo
Press release

Hypodermic Needles Market- Growing Trends and Business Opportunities by Top Key Players Becton, Dickinson And Company, B. Braun Melsungen AG, Catalent, Inc., Connecticut Hypodermics, Inc., EXELINT International Co. and others

11-08-2018 03:49 PM CET | Health & Medicine

Press release from: Allied Market Research

Hypodermic Needles Market

Hypodermic Needles Market

Hypodermic Needles Market is projected to gather $3,842 million by 2022, registering a CAGR of 6.9% during the forecast period 2016 - 2022. The safety hypodermic needle segment held nearly seven-ninths of market share in 2015.

A hypodermic needle is a long, thin cylindrical hollow needle with a sharp & slanted tip used to administer drugs to the patient. It is also used to withdraw bodily fluids for research and examination purposes. The increase in the number of needle-stick injuries throughout the world is expected to boost the market growth.

Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-sample/1868?utm_source=sy-Openpr

The major companies profiled in the report include
• Becton
• Dickinson And Company
• B. Braun Melsungen AG
• Catalent Inc.
• Connecticut Hypodermics Inc.
• EXELINT International Co.
• MedPro Safety Products Inc.
• Medtronic plc
• Retractable Technologies Inc.
• Smiths Group plc
• Terumo Medical Corporation.

The major factors that drive the global hypodermic needles market are increase in demand for injectable drugs and vaccines, active government initiatives, and surge in application of injection and infusion therapies. In addition, high prevalence of blood-borne diseases increases the demand for hypodermic needles and thereby provides lucrative opportunities for market growth. However, alternative modes of drug delivery and high costs associated with safety hypodermic needles restrain the market growth.

Retractable safety hypodermic needles is anticipated to dominate the safety hypodermic needles market as these needles eliminate exposure to the contaminated needle thereby reducing the risk of needle stick injuries. It accounted for over five-eighths of the total share in 2015.

Drug delivery is currently dominating the application segment and is expected to grow at a CAGR of 6.7%. Hypodermic needles are widely used in drug delivery to infuse the desired drug (therapeutic) into the patients body. In addition, safety injections embedded with hypodermic needles provide several advantages such as good absorption leading to lesser wastage of drugs, shorter onset time, and accurate titration of the dosage.

For More Information @ https://www.alliedmarketresearch.com/purchase-enquiry/1868?utm_source=sy-Openpr

Key Findings of Hypodermic Needles Market:
• Safety hypodermic needles segment is projected to be grow at the highest CAGR from 2016 to 2022.
• Passive safety hypodermic needles are poised to witness the fastest growth during the forecast period.
• Hospital end-user segment generated the highest revenue in 2015, and is expected to continue its dominance ahead as well.
• North America dominated the global hypodermic needles market, and is projected to grow at a CAGR of 6.5%.
• Among the application segment, the use of hypodermic needles for vaccination is expected to witness the fastest growth during the forecast period.

In 2015, Asia-Pacific and LAMEA collectively accounted for one-fourth of the global hypodermic needles market, and are expected to continue this trend due to rise in awareness regarding the use of hypodermic needles in China, India, and other developing economies. Various governmental and non-governmental organizations emphasize on medical training in hospitals and other medical settings through awareness programs. These programs aid in prevention of needle-stick injuries in hospitals and promote the use of safety needles, thereby boosting the market growth.

Access Full Summery @ https://www.alliedmarketresearch.com/press-release/hypodermic-needles-market.html?utm_source=sy-Openpr

About Us:

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1⟨855⟩550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Hypodermic Needles Market- Growing Trends and Business Opportunities by Top Key Players Becton, Dickinson And Company, B. Braun Melsungen AG, Catalent, Inc., Connecticut Hypodermics, Inc., EXELINT International Co. and others here

News-ID: 1357353 • Views:

More Releases from Allied Market Research

Home Exercise Bike Market is expected to witness robust Compound Annual Growth Rate (CAGR) progress of 8.7% from 2021 to 2027.
Home Exercise Bike Market is expected to witness robust Compound Annual Growth R …
According to a new report published by Allied Market Research, titled, "Home Exercise Bike Market by Type, and Sales Channel: Opportunity Analysis and Industry Forecast, 2021-2027," The global home exercise bike market size was valued at $1,213.5 million in 2019, and is projected to reach $2,335.2 million by 2027, registering a CAGR of 8.7% from 2021 to 2027. The recumbent segment is expected to retain its dominant position, in terms
Rapidly expanding entertainment products industry is set to drive the growth of the $103.8 billion Toys market ; Ravensburger AG, Tomy Company, Ltd, Vtech Holdings, and Thames & Kosmos.
Rapidly expanding entertainment products industry is set to drive the growth of …
According to a new report published by Allied Market Research, titled, "Toys Market by Product Type, Age Group and Sales Channel: Opportunity Analysis and Industry Forecast, 2021-2027," the toys market size was $92.2 billion in 2019, and is projected reach $103.8 billion by 2027, registering a CAGR of 2.5% from 2021 to 2027. The increase in number of games bars, cafes and family entertainment centers worldwide is boosting the demand for
Global Home Beer Brewing Machine Market is expected to reach $25.4 million by the year 2030, as projected by Allied Market Research.
Global Home Beer Brewing Machine Market is expected to reach $25.4 million by th …
According to a new report published by Allied Market Research, titled, "home beer brewing machine market by product type, mechanism, and distribution channel: global opportunity analysis and industry forecast, 2021-2030," The global home beer brewing machine market size was valued at $19.1 million in 2020, and is projected to reach $25.4 million by 2030, registering a CAGR of 3.0% from 2021 to 2030. Request a report sample to gain comprehensive insights
Hospitality Robots Market is forecasted to grow at a Compound Annual Growth Rate (CAGR) of 25.5% through the year 2030, according to Allied Market Research.
Hospitality Robots Market is forecasted to grow at a Compound Annual Growth Rate …
According to a new report published by Allied Market Research, titled, "Hospitality Robots Market by Type, End User, Sales Channel and Region: Global Opportunity Analysis and Industry Forecast, 2021-2030," The global hospitality robots market size is expected to reach $3,083 million by 2030 at a CAGR of 25.5% from 2021 to 2030. Hospitality Robots Market by Type (Front Desk Robots, Delivery Robots, Cleaning Robots and Others) and end user (Hotels,

All 5 Releases


More Releases for Hypodermic

Global Hypodermic Needles Market Research Report
This report studies the global Hypodermic Needles market status and forecast, categorizes the global Hypodermic Needles market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia). The major manufacturers covered in this report Medtronic BD Medical Boston Scientific Smith Medical Argon Medical Devices Retractable Technologies Novo Nordisk Terumo Corporation NIPRO
Hypodermic Needles Market, Company Analysis and Forecast to 2025
Hypodermic needles are hollow needles that are attached with hypodermic syringes for injecting saline solution or solution containing liquid medicines and drugs. These needles are also useful in extraction of fluids such as blood from the body. Hypodermic needles can be used as disposable as well as reusable needles. The reusable needles must be sterilized before use due to their ability to cause various diseases or infections that might transmit
Hypodermic Needles Market Growth to Remain Steady by 2021
Hypodermic needles are hollow needles attached with hypodermic syringes to inject and extract samples from the body. Hypodermic needles play an important role in research environments and reduce contamination during inoculation of a sterile substrate. Based on the safety features of the needle, the global hypodermic needles market is segmented into safety and non-safety needles. The safety needles segment is further sub-segmented into active and passive hypodermic needles. Active hypodermic needles
Hypodermic Needles Market Key Growth Drivers
Hypodermic needles are hollow needles attached with hypodermic syringes to inject and extract samples from the body. Hypodermic needles play an important role in research environments and reduce contamination during inoculation of a sterile substrate. Based on the safety features of the needle, the global hypodermic needles market is segmented into safety and non-safety needles. The safety needles segment is further sub-segmented into active and passive hypodermic needles. Active hypodermic
Hypodermic Needles Market Expecting Worldwide Growth by 2021
Hypodermic needles are hollow needles attached with hypodermic syringes to inject and extract samples from the body. Hypodermic needles play an important role in research environments and reduce contamination during inoculation of a sterile substrate. Get access to full summary @: http://www.persistencemarketresearch.com/market-research/hypodermic-needles-market.asp Based on the safety features of the needle, the global hypodermic needles market is segmented into safety and non-safety needles. The safety needles segment is further sub-segmented into active and
Hypodermic Needles Market Progresses for Huge Profits by 2021
Hypodermic needles are hollow needles attached with hypodermic syringes to inject and extract samples from the body. Hypodermic needles play an important role in research environments and reduce contamination during inoculation of a sterile substrate. Based on the safety features of the needle, the global hypodermic needles market is segmented into safety and non-safety needles. The safety needles segment is further sub-segmented into active and passive hypodermic needles. Active hypodermic needles