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Hypodermic Needles Market Analysis Covering Size, Growth, Trends and Upcoming Opportunities
Hypodermic Needles
๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ :
Becton, Dickinson and Company
B. BRAUN MELSUNGEN AG
Cardinal Health Inc.
CONNECTICUT HYPODERMICS INC.
EXELINT INTERNATIONAL CO.
McKesson Corporation
Hitech Syringes
Retractable Technologies, Inc.
Nipro Corporation
TERUMO MEDICAL CORPORATION
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ https://www.alliedmarketresearch.com/request-sample/1868
In addition, rise in incidence of chronic & lifestyle diseases, especially diabetes, supplements the market growth. Increase in consumption of injectable drugs especially among diabetic patients and increase in preference of injectable drugs in comparison to oral drugs due to rapid onset & effective treatment drives the demand for hypodermic needles. In addition, rise in adoption of these needles for vaccination and immunization purposes is expected to boost the growth of the market.
Rise in incidence of chronic & lifestyle diseases, especially diabetes, , and increase in demand for advanced hypodermic needles solutions are expected to drive the Hypodermic Needles Market Growth. However, availability of alternative modes of drug delivery, low awareness towards safety syringes, and high cost of hypodermic needles hamper the market growth. The upsurge in demand for hypodermic needles, rise in disposable incomes, and growth prospects in emerging economies of Asia-Pacific and LAMEA are expected to provide numerous opportunities for market growth during the forecast period.
๐ ๐จ๐ซ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ https://www.alliedmarketresearch.com/purchase-enquiry/1868
Depending on end user Hypodermic Needles Market Analysis, hospitals are the largest end users of hypodermic needles in 2020, and this trend is expected to continue during the forecast period. Hospitals widely use hypodermic needles for various purposes, such as vaccination, drug delivery, blood specimen collection, and others. Also, hospitals of developed countries have made it mandatory to use hypodermic needles. World Health Organization (WHO) has recommended all healthcare providers to switch over to safer needles to help prevent the spread of blood-borne diseases, such as hepatitis, HIV, and viral hemorrhagic fevers. There is increase in activities in the healthcare sector owing to high demand for hypodermic needles in hospitals and health maintenance organization HMOs globally. In addition, hospitals and health maintenance organization (HMO's) consistently collaborate with safety needle manufacturers, distributors, and organizations for medical supplies of hypodermic needles across all hospitals and HMOs.
Asia-Pacific garnered a major in the hypodermic needles market share in 2020, and is expected to continue to dominate during the forecast period, owing to increase in prevalence of chronic diseases, presence of a high population base (with India and China being the most populated countries), presence of unmet medical needs, and increase in disposable incomes of people in this region. However, based on Hypodermic Needles Market Forecast, Europe is expected to register second highest share in 2020, owing to increase in prevalence diabetes, presence of key players in region, and well developed healthcare infrastructure in this region.
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