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Comprehensive Study on Needles Market Share 2026 | Top Companies like - Hamilton Company, Medtronic PLC, Becton, Dickinson and Company, B. Braun Melsungen AG, Stryker Corporation, Ethicon, Inc., Boston Scientific Corporation, Unimed SA, Novo Nordisk A/S.

04-24-2020 10:58 AM CET | Business, Economy, Finances, Banking & Insurance

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Needles Market

Needles Market

Market Study Report adds Global Needles market report that gives meticulous investigation of current scenario of the market size, share, demand, growth, trends, companies active in the industry and forecasts for the coming years.

Global Needles Market is valued approximately USD 6.2 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 7.80 % over the forecast period 2019-2026. Needles are utilized with injections to deliver medicines to the body. This includes numerous applications like dental, surgeries, blood collection, and many others.

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The regional analysis of global Needles market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the growing geriatric population coupled with the well-established healthcare infrastructure. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as high prevalence of chronic diseases, geriatric population, increasing number of hospitals and improving healthcare infrastructure would create lucrative growth prospects for the Needles market across Asia-Pacific region.

Apart from this surging number of hospitals and clinics in the developing countries is further creating significant growth opportunity in the market over the forecast period. However, lack of a skilled workforce coupled with needle stick injuries and infections impedes the growth of the market over the forecast period of 2019-2026.

As per the source the number of diabetic patients in 2015 were reported to be approximately 425 million globally and this number is estimated to grow to about 578 million by 2030 and projected to increase to 700 million by 2045. Surging number patients with chronic disorder is increasing the requirement of treatment thereby increasing the adoption of needles.

High prevalence of chronic diseases across the globe coupled with rising geriatric population are key driving forces of the market growth. For instance, according to the American Heart Association, the occurrence of death due to cardiovascular diseases was about 17.6 million in 2016, and a number is expected to grow to over 23.6 million by 2030. Similarly, according to the International Diabetic Federation, the number of diabetic patients is growing at a significant pace.

Major market player included in this report are:
o Hamilton Company
o Medtronic PLC
o Becton, Dickinson and Company
o B. Braun Melsungen AG
o Stryker Corporation
o Ethicon, Inc. (Subsidiary of Johnson and Johnson)
o Boston Scientific Corporation
o Unimed SA
o Novo Nordisk A/S
o Terumo Corporation

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
o Conventional Needles
o Safety Needles
By Product:
o Suture Needles
o Blood Collection Needles
o Ophthalmic Needles
o Dental Needles
o Insufflation Needles
o Pen Needles
o Other Needles

By Delivery Mode:
o Hypodermic Needles
o Intravenous Needles
o Intramuscular Needles
o Intraperitoneal Needles

By Material:
o Glass Needles
o Plastic Needles
o Stainless Steel/Metallic Needles
o Polyetheretherketone (PEEK) Needles

By End User:
o Hospitals
o Diagnostic Centres
o Home Healthcare
o Other End Users

By Region:
o North America
o U.S.
o Canada
o Europe
o UK
o Germany
o Asia Pacific
o China
o India
o Japan
o Latin America
o Brazil
o Mexico
o Rest of the World

Furthermore, years considered for the study are as follows:
o Historical year - 2016, 2017
o Base year - 2018
o Forecast period - 2019 to 2026

Target Audience of the Global Needles Market in Market Study:
o Key Consulting Companies & Advisors
o Large, medium-sized, and small enterprises
o Venture capitalists
o Value-Added Resellers (VARs)
o Third-party knowledge providers
o Investment bankers
o Investors

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Table of Content:
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2017-2026 (USD Billion)
1.2.1. Needles Market, by Region, 2017-2026 (USD Billion)
1.2.2. Needles Market, by Type, 2017-2026 (USD Billion)
1.2.3. Needles Market, by Product, 2017-2026 (USD Billion)
1.2.4. Needles Market, by Delivery Mode, 2017-2026 (USD Billion)
1.2.5. Needles Market, by Material, 2017-2026 (USD Billion)
1.2.6. Needles Market, by End User, 2017-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Needles Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Needles Market Dynamics
3.1. Needles Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities

Related Report:
Portable Dialysis Devices Market Size, Share | Industry Analysis Report, 2026

According to credible estimates, the global portable dialysis devices market is expected to register substantial growth by the year 2026. Advancements in computer, miniaturization, and nanotechnology along with growing inclination towards portable medical devices are major factors driving the portable dialysis devices market growth. There has been an upsurge in the number of incidences of chronic disorders such as cardiovascular diseases, diabetes, kidney disorders, and cancer across the globe owing to unhealthy and sedentary lifestyle.

https://www.marketstudyreport.com/reports/portable-dialysis-devices-market?utm_source=openpr.com/&utm_medium=VSD

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