Global Needles Market Size,Share,Growth Prospects And Opportunities 2020 – 2026|| Key Players-YPSOMED, Owen Mumford, HTL-STREFA S.A., B. Braun Melsungen AG, Terumo Corporation, ulti med Products (Deutschland) GmbH

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.

The report includes forecasts and analysis for the Needles market at global and regional level. It provides historic data covering 2016, base data covering 2017 along with a forecast from 2019 to 2026 based on revenue sales, import and export. The study includes drivers and restraints for the Needles market with the help of SWOT analysis, along with the impact they have on the demand over the forecast period.

The report also proves essential when it comes to explaining what the market definition, classifications, applications, and engagements are for the Needles market in the medical device industry the report also has all the company profiles of the lead players and brands in the Needles market that are driving the market and are making key trends.

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Few of the major market competitors currently working in the global needles market are BD, Novo Nordisk A/S, YPSOMED, Owen Mumford, HTL-STREFA S.A., B. Braun Melsungen AG, Terumo Corporation, ulti med Products (Deutschland) GmbH, Allison Medical Inc., Artsana S.p.A., Thermo Fisher Scientific, Smiths Group plc, Boston Scientific Corporation, Hamilton Company, Abbott, CONMED Corporation, Johnson & Johnson Services, Inc., Medtronic, Retractable Technologies, Inc., Smith & Nephew, Stryker, Olympus Corporation among others.

Market Drivers

High prevalence of chronic diseases worldwide, is driving the growth of the market
Rise in the geriatric population, has fueled the growth of the market
Surge in the numbers of hospitals and clinics in the emerging countries, fosters the growth of the market
High demand for vaccine globally, which is increasing the demand for the needles globally
Rise in the awareness among the people for blood donation, which is driving the growth of the market

Market Restraints

There are various incidents of needle stick injuries and infections, which is restricting the growth of the market
Lack of skilled physicians, which restricts the growth of the market

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Key Developments in the Market:

In August 2017, Ethicon US, LLC, has launched PROXISURE, an advanced laparoscopy suturing device which will increase the accuracy for minimally invasive surgery which will enable the surgeons to perform the surgery in an effective manner by reaching the control bites, desired angles and secure knots.
In January 2016, Surgical Specialties Corporation acquired leading needle manufacturer FSSB Chirurgische Nadein GmbH. It will help the company to manufacture very high quality needles and in very cost effective manner.

Segmentation: Global Needles Market

Needles Market By Type

Conventional Needles
Bevel Needles
Blunt Fill Needles
Vented Needles
Filter Needles
Safety Needles
Active Needles
Passive Needles

Needles Market By Product

Suture Needles
Blood Collection Needles
Ophthalmic Needles
Dental Needles
Insufflation Needles
Pen Needles
Other Needles

Needles Market By Delivery Mode

Hypodermic Needles
Intravenous Needles
Intramuscular Needles
Intraperitoneal Needles

Needles Market By Material

Glass Needles
Plastic Needles
Stainless Steel Needles
Polyether Ether Ketone Needles

Needles Market By Distribution Channel

Direct Tenders
Retail

Needles Market By End User

Hospitals
Diagnostic Centers
Home Healthcare
Others

Needles Market By Geography

North America
South America
Europe
Asia-Pacific
Middle East & Africa

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Reasons to Purchase this Report

Current and future of global needles market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players

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