Press release
Hypodermic Needles Market Is Forecasted To Reach A Market Size Of US$ 8.5 Bn By 2033
The global hypodermic needles market is valued at US$ 5.74 billion in 2023 and is predicted to expand at a CAGR of 4% from 2023 to 2033.The hand-operated instrument known as a hypodermic needle is essentially a thin, hollow tube with a single sharp tip coupled to a syringe. It has a tiny aperture at one end that is used to extract or deposit bodily fluids in the context of vaccinations, drug delivery, and blood specimen collection. By being inserted into the skin, these needles immediately reach the bloodstream.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.factmr.com/connectus/sample?flag=S&rep_id=8381?PS
The need for vaccines and injectable medications is increasing due to the widespread occurrence of infectious diseases and chronic illnesses such as diabetes, cancer, and cardiovascular ailments. Furthermore, coronavirus disease (COVID-19) vaccination campaigns that are still in place are also spurring the demand for hypodermic needles.
๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ ๐๐ซ๐จ๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐ญ๐ฎ๐๐ฒ
โข The global market for hypodermic needles is projected to reach US$ 8.50 billion by 2033.
โข The United States is a key market for hypodermic needle manufacturers due to the presence of leading market players.
โข Germany is considered to be a leading market in the European region due to the availability of advanced healthcare systems.
โข Global demand for safety hypodermic needles is expected to increase at a rapid pace during the forecast period.
๐๐๐ฒ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐๐ซ๐จ๐๐ข๐ฅ๐๐
โข Terumo Corporation
โข BD
โข Cardinal Health
โข Medline Industries, Inc
โข Hindustan Syringes & Medical Devices Ltd
โข B. Braun Melsungen AG
โข Hitech Syringes
โข NIPRO Medical Corporation
โข Vita Needle Company
โข Vygon SA
โข NeedleTech Products, Inc
โข ISCON SURGICALS LTD.
โข McKesson Corporation
โข Connecticut Hypodermics Inc
โข EXELINT International, Co
โข Retractable Technologies, Inc
โข Smiths Medical
๐๐๐๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
โข To improve patient monitoring access in India, Medtronic and Stasis established cooperation in September 2021.
โข HTL-STREFA released a press release about Droplet MicronTM in September 2020. It is a brand-new pen needle with a cutting-edge design to enhance the injection process.
โข To manufacture disposable syringes and needles that meet national and international requirements, Albert David Ltd. has opened up additional sections in their manufacturing facility.
๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐๐ฉ๐๐๐ข๐๐ข๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=8381?PS
๐๐๐ฒ ๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐จ๐ ๐๐ฒ๐ฉ๐จ๐๐๐ซ๐ฆ๐ข๐ ๐๐๐๐๐ฅ๐๐ฌ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฌ๐๐๐ซ๐๐ก
By Product :
Safety
Non-safety
By Material :
Stainless Steel
Plastic
By Application :
Drug Delivery
Vaccination
Blood Specimen Collection
By End User :
Hospitals
Diagnostic Centers
Home Healthcare
By Region :
North America
Latin America
Europe
East Asia
South Asia & Oceania
MEA
๐๐จ๐ซ๐ ๐๐๐ฅ๐ฎ๐๐๐ฅ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐ง ๐๐๐๐๐ซ
Fact.MR, in its new offering, presents an unbiased analysis of the global hypodermic needles market, presenting historical demand data (2018 to 2022) and forecast statistics for the period of 2023 to 2033.
The study divulges essential insights on the market on the basis of product (safety hypodermic needles, non-safety hypodermic needles), material (stainless steel, plastic), application (drug delivery, vaccination, blood specimen collection), and end-user (hospitals, diagnostic centers, home healthcare), across five major regions of the world (North America, Europe, Asia Pacific, Latin America, and MEA).
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About Fact.MR
Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. Spanning a wide range - from automotive & industry 4.0 to healthcare, technology, chemical and materials, to even the most niche categories.
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