openPR Logo
Press release

Global Hypodermic Needle Market is Driven by Increasing Compliance for Safety Needles

02-07-2017 07:06 AM CET | Health & Medicine

Press release from: P&S Market Research- Medical Devices

Global Hypodermic Needle Market is Driven by Increasing

The global hypodermic needles market is expected to grow at a CAGR of 7.4% during 2016 - 2022. The growth of the global market is largely driven by the high demand for vaccines and increasing compliance of safety needles. High prevalence of needle stick injuries during drug administration is a key concern for healthcare providers across the globe. Improper disposal of syringe and needles is creating the demand for advanced safety mechanisms in hypodermic needles. Globally, approximately 16 billion injections are administered every year as per the World Health Organization (WHO); however, all the syringes and needles are not properly disposed of. Therefore, several benefits of safety needles such as ease of use during injection and safe delivery of drug or medication are increasing their popularity among healthcare providers.

Explore Report with Detailed TOC on “Global Hypodermic Needle Market” at: www.psmarketresearch.com/market-analysis/hypodermic-needles-market

Healthcare providers along with patients are getting aware about safety in drug delivery through syringes. This has created huge traction in the global market for developing advanced safety hypodermic needles with automatic features. Some of the other factors driving the growth of the global market include increasing prevalence of chronic and lifestyle associated diseases, and geriatric population. Increasing adoption of hypodermic needles in emerging economies is expected to create ample growth opportunities for the global market. However, alternative drug delivery method and high cost of hypodermic needles are the key barriers for the growth of the global market.

Request For Sample Pages: www.psmarketresearch.com/market-analysis/hypodermic-needles-market/report-sample

Some of the players operating in the global market include Vygon S.A., Catalent, Inc., Terumo Corporation, Retractable Technologies, Inc., Connecticut Hypodermics, Inc., MedPro Safety Products Inc., B. Braun Melsungen AG, Albert David Ltd., Becton, Dickinson and Company, and Medtronic plc.

About P&S Market Research

P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

Contact:
Abhishek
Executive – Client Partner
347, 5th Ave. #1402
New York City, NY - 10016
Toll-free: +1-888-778-7886 (USA/Canada)
Email: enquiry@psmarketresearch.com
Web: www.psmarketresearch.com

347, 5th Ave. #1402
New York City, NY - 10016

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Hypodermic Needle Market is Driven by Increasing Compliance for Safety Needles here

News-ID: 430209 • Views: 291

More Releases from P&S Market Research- Medical Devices

Increasing Aging Population Drives Global Vascular Imaging Systems Market
The global vascular imaging systems market is expected to grow at a CAGR of 5.7%, during 2017 - 2023. Increasing healthcare expenditure drives the global market According to the study, the global vascular imaging systems market is likely to grow significantly, during the forecast period, due to increasing healthcare expenditure, increasing prevalence of cancer and cardiovascular diseases and rising awareness about imaging techniques due to various conferences and seminars. In addition, growing
North America Emerges as Largest Nuclear Imaging Equipment Market
The global nuclear imaging equipment market is expected to grow at a CAGR of 4.8%, during 2017 - 2023. Increasing geriatric population drives the global market According to the study, the global nuclear imaging equipment market is likely to grow significantly during the forecast period, due to rising prevalence of cancer and cardiovascular diseases, increasing geriatric population and increasing prevalence of neurological disorders. In addition, rising healthcare expenditure and launch of technologically
North America Emerges as Largest Nerve Repair and Regeneration Market
The global nerve repair and regeneration market is expected to grow at a CAGR of 11.9% during 2017 - 2023. Increasing geriatric population drives the global market According to the study, the global nerve repair and regeneration market is likely to grow significantly during the forecast period, due to increasing geriatric population, rising prevalence of chronic pain and increasing incidence of neurological disorders. In addition, the awareness about mental diseases and their
Global Phototherapy Equipment Market Analysis, Size, Share, Development and Dema …
The global phototherapy equipment market is witnessing considerable growth due to the increasing incidence of neonatal jaundice and increasing prevalence of skin problems including psoriasis, eczema and vitiligo. Moreover, the increasing adoption of LED-based phototherapy equipment and launch of technologically advanced products are further supporting the growth of the market. Among the various equipment types, the conventional phototherapy equipment segment lead the market in terms of size. The phototherapy equipment

All 5 Releases


More Releases for Hypodermic

Global Hypodermic Needles Market Research Report
This report studies the global Hypodermic Needles market status and forecast, categorizes the global Hypodermic Needles market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia). The major manufacturers covered in this report Medtronic BD Medical Boston Scientific Smith Medical Argon Medical Devices Retractable Technologies Novo Nordisk Terumo Corporation NIPRO
Hypodermic Needles Market, Company Analysis and Forecast to 2025
Hypodermic needles are hollow needles that are attached with hypodermic syringes for injecting saline solution or solution containing liquid medicines and drugs. These needles are also useful in extraction of fluids such as blood from the body. Hypodermic needles can be used as disposable as well as reusable needles. The reusable needles must be sterilized before use due to their ability to cause various diseases or infections that might transmit
Hypodermic Needles Market Key Growth Drivers
Hypodermic needles are hollow needles attached with hypodermic syringes to inject and extract samples from the body. Hypodermic needles play an important role in research environments and reduce contamination during inoculation of a sterile substrate. Based on the safety features of the needle, the global hypodermic needles market is segmented into safety and non-safety needles. The safety needles segment is further sub-segmented into active and passive hypodermic needles. Active hypodermic
Hypodermic Needles Market Predicts Favorable Growth and Forecast Till 2021
Hypodermic needles are hollow needles attached with hypodermic syringes to inject and extract samples from the body. Hypodermic needles play an important role in research environments and reduce contamination during inoculation of a sterile substrate. Based on the safety features of the needle, the global hypodermic needles market is segmented into safety and non-safety needles. The safety needles segment is further sub-segmented into active and passive hypodermic needles. Active hypodermic needles
Hypodermic Needles Market: Company Analysis and Forecast to 2024
Global Hypodermic Needles Market: Overview The global hypodermic needles market is likely to exhibit robust growth. The increasing prevalence of chronic ailments and a rising geriatric population are the key factors boosting the market. The growth witnessed by this market is mainly driven by the role played by hypodermic needles in research activities. These needles also reduce the chances of contamination of fluid used during the injection of a sterile substrate. This
Global Hypodermic Needles Market Research Report 2016
Global Hypodermic Needles Industry 2016 Market Overview, Size, Share, Trends, Analysis, Technology, Applications, Growth, Market Status, Demands, Insights, Development, Research and Forecast 2016-2020. Various factors are responsible for the high revenue growth witnessed in the global Hypodermic Needles market. However there are a few restraints as well forecast to challenge the market’s trajectory. Nevertheless, through the course of the forecast period starting from 2016 to 2021, the market will continue exhibiting