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Government Initiatives & Programs to Spur Global Hypodermic Needles Market Growth

04-12-2023 02:05 PM CET | Health & Medicine

Press release from: Inkwood Research

Hypodermic Needles Market

Hypodermic Needles Market

According to a new market research report launched by Inkwood Research, the Global Hypodermic Needles Market is anticipated to progress with a CAGR of 4.60% during the forecast years.

Browse 51 market data Tables and 48 Figures spread over 160 Pages, along with an in-depth analysis of the Global Hypodermic Needles Market by Type, Usage, Application, End-User, & by Geography.

Refer to the Report Summary Here: https://inkwoodresearch.com/reports/hypodermic-needles-market/

This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies and is a valuable asset for existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.

Global Hypodermic Needles Market Scenario
Characterized as a medical equipment that is used in conjunction with a syringe, hypodermic needles are utilized to inject medicines and withdraw blood samples from beneath the skin. The global hypodermic needles market growth is fueled by key factors such as the rising incidence of chronic diseases, as well as government initiatives and programs to create public awareness of injection practices.

The World Health Organization (WHO) launched a novel policy in 2015 in order to eradicate the practice of unsafe injections globally. Moreover, as per the WHO, nearly 1.3 million deaths are reported due to unsafe injection practices annually.

Accordingly, UNICEF and WHO have issued guidelines to curb the reuse of hypodermic needles in common healthcare practices, thus inhibiting the transmission of fatal diseases. Governments are also encouraging the use of safety needles by increasing awareness programs, including syringe exchange plans to discard used needles and facilitating their proper usage. Hence, the rise in government initiatives aimed at the adoption of hypodermic needles is set to drive market growth during the forecast years.

The Global Hypodermic Needles Market report provides data tables and includes charts and graphs for visual analysis.

Request a Free Sample Report for the Global Hypodermic Needles Market by Type, Application, End-User, Usage, & by Geography: https://inkwoodresearch.com/reports/hypodermic-needles-market/#request-free-sample

Market Segmentation

Market by Type:
• Safety Needles
• Non-Safety Needles

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

Market by End-User:
• Diagnostic Centers
• Hospitals & Clinics
• Home Health Care

Market by Usage:
• Disposable
• Reusable

Report Highlights
- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2032, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2032

Companies Profiled
• TERUMO MEDICAL CORPORATION
• SMITHS MEDICAL
• RETRACTABLE TECHNOLOGIES
• NIPRO CORPORATION
• MCKESSON CORPORATION
• HITECH SYNERGIES
• EXELINT INTERNATIONAL CO
• CONNECTICUT HYPODERMIC INC
• BECTON, DICKINSON AND COMPANY
• NEEDLE TECH PRODUCTS INC
• B. BRAUN
• HINDUSTAN SYNERGIES AND MEDICAL DEVICES LIMITED

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Inkwood Research
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Boston, MA 02111
Tel: 1-(857)293-0150
Email: sales@inkwoodresearch.com
Website: www.inkwoodresearch.com

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