Syringe and Needle Market: Qualitative Analysis, Quantitative Analysis, Forecast up to 2030

SDKI Inc. published a new research report on the Syringe and Needle Market-Global Outlook and Forecasts 2020-2025. The report provides a complete assessment of the market and its growth prospects, along with new business opportunities in the industry. It also includes market size and annual growth during the 2020-2025 forecast period.

Report sample URL
https://www.sdki.jp/sample-request-91173

The syringe and needle market is expected to grow at a CAGR of over 10% between 2019-2025.

The market is driven primarily by increased incidence of trauma cases (accident and burn cases), increased prevalence of chronic illness, and increased incidence of nosocomial infections. Chronic diseases such as diabetes require medical products such as needles and syringes to administer insulin and take blood samples to monitor blood sugar levels. Therefore, the market has the potential to grow as the prevalence of diabetics is increasing worldwide. In addition, as the number of cases of nosocomial infections increases, there is a strong need to reduce nosocomial infections and maintain safe laboratory practices. Therefore, increasing focus to avoid needlestick injuries and transmission of infections by practitioners is driving the growth of safety syringes and needles on the market.

Report sample URL
https://www.sdki.jp/sample-request-91173

In addition, the following factors may contribute to the growth of the syringe and needle market during the forecast period:
Increasing demand for self-injection devices and prefilled syringes
Rapid advances in needle and syringe design and technology
Increased awareness of government's favorable initiatives and safe injection practices
Market Segments
The syringe and needle market is divided by product, patient group, end user, and region. These segments are further subsegmented based on various factors and consist of some additional information about the market, such as the combined annual growth rate of each segment and subsegment, the market value and volume of the valuation period.
By product
Syringe
type
General syringe
Special syringe
Disposable syringe
ease of use
Sterilizable syringe
needle
type
Safety needle
Traditional needle
By patient group
adult
Pediatric patients
By end user
hospital
clinic
Home care settings
Others

The adult segment accounted for 65% of the global market share in 2019.
Based on the patient group, the adult segment is a major revenue contributor due to the increasing application of injections to treat diseases such as cancer, diabetes, and some viral infections. The growing elderly population, which is prone to chronic illness, is another major revenue contributor to the healthcare industry as this patient group requires medical supervision. The increase in hospitalizations is due to the increased prevalence of cancer, cardiovascular disease, and other infectious and chronic diseases, driving the demand for syringes and needles.

The hospital segment is expected to dominate the market during the forecast period.

The hospital segment dominates the market, accounting for 55% of the global syringe and needle market in 2019. Hospitals are a major source of income. All hospitals use needles and syringes to take blood and fluid samples for drugs and vaccinations. In emergency and hospitalization settings, injections are used extensively for dosing and collection of multiple blood samples for diagnostic and therapeutic purposes in critical care centers.

Regional Overview
In addition, the report covers all regions of the world, divided into North America, Europe, Asia Pacific, Latin America, Middle East & Africa and more. The North American region is being driven by rising rates of chronic and infectious diseases, and hospitals, clinics, and ASCs that are emerging as a major source of revenue. The United States and Canada are major revenue contributors to the market. In addition, the adoption of syringes and needles with safety mechanisms is higher in North America than in other regions. In addition, end users prefer to use safe-designed products, which increases the demand for such products.

For more detailed analysis, each region is further divided into countries:
Asia Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, and other Asia Pacific)
North America (US and Canada)
Middle East and Africa (Israel, GCC [Saudi Arabia, United Arab Emirates, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, and other Middle East and Africa)
Latin America (Brazil, Mexico, Argentina, and other Latin America)
Europe (UK, Germany, France, Italy, Spain, Hungary, Belgium, Netherlands, Luxemburg, NORDIC, Poland, Turkey, Russia and other Europe).

Detailed contents of the survey report
https://www.sdki.jp/reports/syringe-and-needle-market/91173

Key Players:

On the Market Syringes and Needles Key players on the market include BD, Braun Melsungen, Terumo, Teleflex, Nipro, Smiths Medical, Cardinal Health, Allison Medical, Karam Green Bags, APEXMED International, Argon Medical Devices, Artsana. , CODAN Medizinische Geräte, Connecticut Hypodermics, EXELINT International, Gerresheimer, Hindustan Syringes & Medical Devices, International Medsurg Connection, Retractable Technologies, UltiMed, Unimed, West Pharmaceutical Services and more. The study includes a detailed competitive analysis of these major companies in the syringe and needle market, corporate profiles, recent developments, and key market strategies.

Contact Us

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Tokyo, Shibuya-ku, Japan
+ 81345720790
sales@sdki.jp

SDKI Inc. Company Profile

SDKI Inc.'s goal is market scenarios in various countries such as Japan, China, the United States, Canada, the United Kingdom, and Germany. Is to clarify. We also focus on providing reliable research insights to clients around the world, including growth indicators, challenges, trends and competitive environments, through a diverse network of research analysts and consultants. With SDKI gaining trust and a customer base in more than 30 countries, SDKI is even more focused on expanding its foothold in other pristine economies.

This release was published on openPR.