Global Needles Market Emerging Opportunities, Revenue Analysis and Growth Projections by HTL-STREFA S.A., B. Braun Melsungen, Terumo Corporation, ulti med Products GmbH, Allison Medical & Others

Global needles market is registering a substantial CAGR of 9.50% in the forecast period of 2019-2026. This rise in the market value can be attributed to various deep researches being done by the global players to introduce the needle technology with maximum precision and safety.

This needles report broadly encompasses absolute and distinct analysis of the market drivers and restraints, major market players involved in the ABC industry, exhaustive analysis of the market segmentation, and competitive analysis of the key players. All the data and information involved in the needles report is taken from incredibly trustworthy sources such as websites, annual reports of the companies, white papers, journals, newspapers, and mergers. A number of estimations and calculations have been executed in this needles market analysis report by assuming definite base year and the historic year.

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Major Market Competitors/Players: Global Needles Market

Some of the major players operating in the global medical device reprocessing market are Becton, Dickinson and Company, Novo Nordisk A/S, Ypsomed, Owen Mumford Ltd., HTL-STREFA S.A., B. Braun Melsungen, Terumo Corporation, ulti med Products GmbH, Allison Medical, Inc., Artsana S.p.A., Thermo Fisher Scientific, Smiths Medical, Boston Scientific Corporation, Hamilton Company, Abbott, CONMED Corporation, Johnson & Johnson Inc., Medtronic, Retractable Technologies, Inc., Revolutions Medical Corporation, Smith & Nephew, and UNILIFE CORPORATION, among others.

Major Market Drivers and Restraints:

Increasing number of blood donations

Rising number of geriatric population

Increasing number of chronic diseases

Lack of skilled physicians

High cost associated with endosurgical procedures

Needle anxiety

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Segmentation: Global Needles Market

The global needles market is segmented based on type, product type, material, delivery mode, end user, distribution channel, and geography.

Based on type, the global-needles market is segmented into conventional and safety needles. Conventional needle is further segmented into bevel and vented.

On the basis of product type, the global-needles market is classified into suture, blood collection, and insufflation.

On the basis of material, the global needles market is classified into stainless steel and plastic.

On the basis of delivery mode, the global-needles market is classified into IV, IM, and hypodermic.

On the basis of end user, the global needles market is segmented into hospitals and diagnostic centers.

On the basis of distribution channel, the global needles market is segmented into direct tenders and retail.

Based on geography, the global-needles market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

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Competitive Analysis: Global Needles Market

The global needles market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of needles market for global, Europe, North America, Asia Pacific, and South America.

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