Press release
Hypodermic Needles Market Current Trends and Future Growth in 2015 to 2021
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 are categorized into manual and semi-automatic devices.
In terms of geography, North America dominates the global hypodermic needles market due to increased awareness regarding the importance of hypodermic needles in this region. The U.S. represents the largest market for hypodermic needles, followed by Canada in North America. In Europe, Germany, Italy, the U.K., and France hold major shares in the hypodermic needles market. However, Asia is expected to witness high growth rates in the next five years in the hypodermic needles market as multiple companies are constructing R&D facilities in this region. Less stringent wages and high availability of skilled labor attract many manufacturing companies to invest in Asia. In addition, increasing awareness regarding various chronic diseases is also boosting growth of the hypodermic needles market in Asia. Japan, China, and India are expected to be the fastest-growing hypodermic needles markets in Asia.
To view complete report @ http://www.persistencemarketresearch.com/market-research/hypodermic-needles-market.asp
Increasing prevalence of chronic diseases and technological advancements in hypodermic needle-based drug delivery are some of the major growth drivers of the global hypodermic needles market. According to an article published by the National Center for Biotechnology Information (NCBI), diabetes affected 285 million people worldwide in 2010 and the number is likely to reach 439 million by 2030. Increasing prevalence of diabetes has resulted in a significant rise in demand for hypodermic and insulin syringes.
Moreover, introduction and enforcement of various legislations in different countries for mandatory usage of safety needles have also fueled growth of the global hypodermic needles market.
Request to View Tables of Content @ http://www.persistencemarketresearch.com/toc/3881
However, high risk of infections associated with administration of drug delivery throughhypodermic needles restrains growth of this market. In addition, increased risk of needle stick injuries and availability of alternatives also restrain growth of the global hypodermic needles market. Rapid product launches and increasing mergers and acquisitions between manufacturing companies and government organizations are some of the recent trends in the global hypodermic needles market.
Some of the major companies operating in the global hypodermic needles market are Becton, Dickinson and Company, Retractable Technologies, Inc., Covidien, Ltd., Terumo, Corp., Albert David, Ltd., Catalent Pharma Solutions, B-Braun Melsungen AG, Connecticut Hypodermics, Inc., Exel International, C.R. Bard, Hamilton Syringes & Needles, Hi-Tech Syringes, Hindustan Syringes & Medical Devices, Ltd., MedPro Safety Products, Needletech Products, Inc., MW Industries, Inc., Revolutions Medical, Corp., Simply Surgicals, LLC, Safety Medical Supply International, Smiths Medical, Vigmed AB, Unilife Corp., Vita Needle Company, and Vygon SA.
Buy Now: You can now buy a single user license of the report @ http://www.persistencemarketresearch.com/checkout/3881
About Us
Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.
PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.
Contact
Persistence Market Research Pvt. Ltd
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
media@persistencemarketresearch.com
Web:www.persistencemarketresearch.com
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 Hypodermic Needles Market Current Trends and Future Growth in 2015 to 2021 here
News-ID: 666242 • Views: …
More Releases from Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market
The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to…
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market
The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in…
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market
The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According…
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market
The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained…
More Releases for Hypodermic
Government Initiatives & Programs to Spur Global Hypodermic Needles Market Growt …
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…
Hypodermic Needles Market Trends, Drivers and Impact Analysis 2031
ISO Standards Benefit Syringe Manufacturers amid Ongoing COVID-19 Vaccine Campaigns
The worldwide vaccine campaign has placed the spotlight on syringes and needles. Healthcare providers are adhering to ISO (International Organization for Standardization) standards to ensure they meet internationally agreed levels of safety and quality. Companies in the hypodermic needles market are capitalizing on business opportunities with unprecedented demand for single-use needles and catheters for blood sampling.
Stakeholders in the healthcare landscape are…
Increasing Chronic Disease Prevalence Fueling Hypodermic Needle Market Growth
Due to the increasing incidence of chronic and lifestyle-associated diseases and the surging population of geriatric people, the global hypodermic needle market is expected to exhibit huge expansion in the coming years. Furthermore, the increasing concerns being raised over the escalating prevalence of needlestick injuries are also propelling the expansion of the market. According to the estimates of the market research company, P&S Intelligence, the market will progress at a…
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 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…
Hypodermic Needles Market Progresses for Huge Profits by 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…
