Hypodermic Needles Market Research 2022 | Industry Growth Report, Trends and Forecast 2027

Hypodermic Needles Market Report Overview :

According to IMARC Group's latest report, titled "Hypodermic Needles Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on the market statistics. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

A Closer Look at the Hypodermic Needles Market Size | 2022

The global hypodermic needles market reached a value of US$ 2.48 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 3.86 Billion by 2027 exhibiting a CAGR of 7.20% during 2022-2027.

Download a free sample report to get a detailed overview of the market: https://www.imarcgroup.com/hypodermic-needles-market/requestsample

Hypodermic Needles Market Insight :

Hypodermic needles are thin, hollow needles used with a syringe to inject medications into the body. They also help extract bodily fluids, such as taking blood from a vein in venipuncture. They are typically manufactured through the tube drawing process using stainless-steel tubes. They can be used to provide medications that cannot be taken orally, as they are difficult to absorb (like insulin) or may harm the patient's liver. They have a clean, smooth, and sharp surface that reduces and prevents contamination when inoculating a sterile substrate. As a result, hypodermic needles find extensive applications in research environments requiring sterile conditions and in the healthcare sector across the globe.

Hypodermic Needles Market Current Trends & Future Predictions :

The global hypodermic needles market is primarily driven by the surging product adoption across the healthcare industry due to the rising need for intravenous vaccine delivery methods for administering intradermal liquid quickly during vaccination and sample collection. Moreover, the development of ultra-short hypodermic needle pens with enhanced drug delivery systems that cause less discomfort and pain during self-dosage is positively influencing the market growth.

Additionally, the rising use of safety needles to reduce the risk of infection and needle stick injuries is another major growth-inducing factor. Besides this, several favorable initiatives by governments of numerous countries to promote the uptake of hypodermic safety needles to inhibit the re-utilization of needles owing to the sudden outbreak of the COVID-19 pandemic and the escalating health concerns have catalyzed the market growth.

Furthermore, the rising number of blood donations has augmented the product demand. Other factors, including surging cases of blood-borne diseases, improving healthcare infrastructure, and the increasing need to prevent needle-stick injuries, are also anticipated to create a favorable market outlook.

Inquire Before Buying : https://www.imarcgroup.com/request?type=report&id=5092&flag=F

Global Hypodermic Needles Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

B. Braun Melsungen AG, Becton Dickinson and Company, Cardinal Health Inc., Connecticut Hypodermics Inc., EXELINT International Co., Hi-Tech Syringes, McKesson Corporation, Medline Industries LP, Nipro Corporation, Retractable Technologies Inc., Smiths Medical Inc. (ICU Medical Inc.) and Terumo Corporation.

The report has segmented the market on the basis of region, product type, application and end user.

Breakup by Product Type:
• Safety Hypodermic Needles
• Non-Safety Hypodermic Needles

Breakup by Application:
• Drug Delivery
• Vaccination
• Blood Specimen Collection

Breakup by End User:
• Hospitals and Clinics
• Ambulatory Surgical Centers
• Diabetic Patients
• Family Practices
• Psychiatrics
• Others

Breakup by Region:
• North America
o United States
o Canada
• Asia-Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Others
• Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Others
• Latin America
o Brazil
o Mexico
o Others
• Middle East and Africa

Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/hypodermic-needles-market

If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Top Trending Reports (Book Now with 10% Discount):

Carbon Nanotubes Market Report : https://www.digitaljournal.com/pr/with-17-20-cagr-carbon-nanotubes-market-size-to-reach-us-10-8-billion-by-2022-2027

Party Supplies Market Report : https://www.digitaljournal.com/pr/party-supplies-market-size-research-report-business-growth-and-forecast-to-2023-2028

North America Pretzel Market Report : https://www.digitaljournal.com/pr/north-america-pretzel-market-size-2023-2028-share-growth-statistics-by-top-key-players-conagra-brands-inc-dots-pretzels-the-hershey-company-frito-lay-north-america

Natural Language Processing (NLP) Market Report : https://marketmirrorwire.blogspot.com/2023/01/natural-language-processing-nlp-market.html

Network Optimization Services Market Report : https://www.digitaljournal.com/pr/network-optimization-services-market-size-to-reach-us-11-3-billion-globally-by-2028-at-16-2-cagr

India Over The Counter (OTC) Drugs Market Report : https://www.digitaljournal.com/pr/india-over-the-counter-drugs-market-to-grow-at-cagr-of-16-87-during-forecast-period-2022-2027

IMARC Services Private Limited.
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

This release was published on openPR.