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Hypodermic Syringes And Needles Market 2024-2033 : Market Size, Top Segments, Leading Region Forecast | Becton Dickinson And Company, B. Braun Melsungen AG, Cardinal Health Inc., Smiths Medical Inc., Terumo Corporation
"The new report published by The Business Research Company, titled Hypodermic Syringes And Needles Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the hypodermic syringes and needles market size has grown steadily in recent years. It will grow from $7 billion in 2023 to $7.21 billion in 2024 at a compound annual growth rate (CAGR) of 3.0%. The hypodermic syringes and needles market size is expected to see steady growth in the next few years. It will grow to $8.33 billion in 2028 at a compound annual growth rate (CAGR) of 3.7%.
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Rising Syringe And Needle Demand To Drive Market Growth
The increasing demand for syringes and needles will boost the hypodermic syringes and needles market. Syringes and needles are medical devices used to inject or withdraw bodily fluids. A syringe consists of a cylindrical barrel, a plunger, and a tip that can be attached to a needle. Needles are thin, hollow, and sharp devices connecting to a syringe's end. A syringe consists of a cylindrical barrel, a plunger, and a suggestion that can be attached to a needle. Hypodermic syringes and needles inject or withdraw fluids from the body, including administering medications. Hypodermic syringes and needles allow for accurate and precise delivery of drugs and other liquids, making them a valuable tool in medical treatment and care. For Instance, in April 2022, according to the Aesthetic Society, a US-based international organization, surgical procedures increased by 54% in 2021. Therefore, the increasing demand for syringes and needles will drive the hypodermic syringes and needles market forward.
Product Innovations Transforming The Hypodermic Syringes And Needles Market
Product innovations are a popular trend in the hypodermic syringes and needles market. Major companies operating in the hypodermic syringes and needles market focus on product innovations to retain their market share. For Instance, in June 2021, Hindustan Syringes & Medical Devices launched a new product called DispoJekt Safety Needle, a single-use needle designed to prevent needle stick injuries and increase patient safety. The DispoJekt Safety Needle is made from high-quality medical-grade materials and is available in various sizes and gauges to suit different medical applications. The product is also compatible with most syringe brands, making it a versatile and convenient option for healthcare professionals.
The hypodermic syringes and needles market covered in this report is segmented -
1) By Type: Syringes, Needles
2) By Usability: Disposable, Re-Usable
3) By Application: Blood Collection, Drug Delivery, Vaccination, Insulin Administration, Other Applications
4) By End-Use: Hospitals, Ambulatory Surgical Centers, Diagnostic Centers, Other End-Uses
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Major companies operating in the hypodermic syringes and needles market report are Becton Dickinson And Company, B. Braun Melsungen AG, Cardinal Health Inc., Smiths Medical Inc., Terumo Corporation, Nipro Corporation, Connecticut Hypodermics Inc., Medline Industries LP, EXELINT International Co., Vita Needle Company, Vitrex Medical A/S, Hi-Tech Syringes Pvt. Ltd., Hindustan Syringes & Medical Devices, Gerresheimer AG, Teleflex Incorporated, Bioject Medical Technologies Inc., Catalent Pharma Solutions, DeRoyal Industries Inc., Hamilton Medical AG, Hospira Inc., International Medication Systems Limited, MedPro Safety Products Inc., Owen Mumford Inc., Covidien plc, Schott AG, Codan Medizinische Geräte GmbH & Co. KG, Helapet Ltd., Vygon S.A., Medtronic plc, Allison Medical Inc., Argon Medical Devices Inc.
Contents of the report:
1. Executive Summary
2. Hypodermic Syringes And Needles Market Report Structure
3. Hypodermic Syringes And Needles Market Trends And Strategies
4. Hypodermic Syringes And Needles Market - Macro Economic Scenario
5. Hypodermic Syringes And Needles Market Size And Growth
…..
27. Hypodermic Syringes And Needles Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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