Press release
Global Medical Injection Needle Market(2021): Forecast, Trend Analysis & Competition Tracking - Insights 2015 To 2031
Syringes and needles are important medical tools used in hospitals, clinics, ambulatory surgical centers, as well as research institutes. These tools are used to draw fluids or inject medication from or in a patient’s body. A medical injection needle is injected in the upper layer of the skin, deep enough to facilitate necessary medication to a body area or blood vessel while aiming not to damage any veins, muscles, or tissues. There are several ongoing research activities to develop new syringes and needles that provide more comfort and less pain. Commercially, needles come in various lengths and diameters for different types of injections. Needles are made of hollow stainless steel bodies and consist of a hub – that fits onto the tip of the syringe, a shaft – the long length of the needle, and the bevel – which is the slanted tip of the needle. Needles are classified according to their length and diameter, which may vary from 3 to 5 inches, and their diameter is measured in gauges. The patient may feel less pain and bruising when injected with a higher gauge needle.Get a sample report here:https://bit.ly/2X3Umod
The global medical injection needle market was valued at US$ 671.1 Mn in 2020 and is projected to register а САGR of 6.2% by 2031.
The WHO also provides certain statistical data for respective governments and companies, such as emerging case predictions, required doses of vaccinations for each nation, etc. These governments and companies act accordingly and ramp up their efforts to cater to these predicted demands. Several companies across the world have increased their production of injection needles. Also, they have partnered through strategic joint ventures to produce injection needles to meet this increasing global demand. The emerging COVID-19 cases are expected to exponentially surge with the 2nd wave of this virus across several European nations and various developing nations such as India, Brazil, etc. Moreover, respective governments of several nations have initiated mass vaccination drives, and presently more than 1.3 Bn around the world where individuals have had successful COVID-19 vaccinations administered.
Report Scope
Forecast Period: 2022-2031
Actual Year: 2021
Historical Data Available for: 2015-2020
Top Exporters of Syringes, with/without Needles Analysis in 2019
USA - 16.5% of the world exports ~$896 million
China - 15.2% ~$829 million
France - 10.5% ~$575 million
Germany - 9.42% ~$511 million
Switzerland - 6.46% ~$350 million
Key Players:
• Medtronic plc
• Becton, Dickinson, and Company
• Stryker Corporation
• Medline Industries, Inc.
• Boston Scientific Corporation
• Braun Melsungen AG
• Terumo Corporation
• Cook Group Incorporated
• Hindustan Syringes and Medical Devices Limited
• Hamilton Company
• Other Players
Key Segments Covered
Medical Injection Needle Market, By Product Type
Hypodermic Needles
Infusion Needles
Insulin Needles
Other Product Type
Medical Injection Needle Market, By Application
Hospital
Clinic
Home Care Setting
Other Applications
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