Needles Market Global Forecast to 2026


Posted August 30, 2018 by jitendra

Needles are integral part of healthcare functions. Needles provide advantage over other routes of administration

 
Needles are integral part of healthcare functions. Needles provide advantage over other routes of administration such as quick release of the drug in bodily fluids and instant relief for the patients. It has various applications ranging from surgical use to blood collection to drug administration. Needles such as safety needles are increasingly used in order to avoid needle stick injuries and infection. Needles such as pen needles are used by diabetic patients who need daily dose of insulin which is injected subcutaneously.

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Market Dynamics

Major factor driving growth of the needles market is increasing demand for vaccines, globally to prevent various diseases such as measles, rubella and hepatitis B. According to World Health Organization (WHO) 2018, globally around 86% of infants are vaccinated against 26 diseases, however, 19.5 million children unvaccinated leading to death of 2-3 million children each year. Human papilloma virus causes cervical cancer and around 280,000 women died from cervical cancer in 2015 globally, which led to introduction of vaccine to prevent cervical cancer, in turn positively affecting needles market. Introduction of stringent guidelines for safe injection practices is expected to aid in growth of the needles market. For instance, WHO issued safe injection practices and guidelines in 2010,

Key features of the study:

This report provides in-depth analysis of needles market and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017–2025), considering 2016 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategy adopted by the leading players
It profiles leading players in the global needles market based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Medtronic plc, Becton, Dickinson and Company, Hamilton Company, Stryker Corporation, Terumo Corporation, B. Braun Melsungen AG, Boston Scientific Corporation, Nipro Medical Corporation, Novo Nordisk A/s, Thermo Fisher Scientific, and Smiths Medical
Detailed Segmentation

Global Needles Market, By Needles Type:
Conventional Needles
Safety Needles
Global Needles Market, By Delivery Site:
Intradermal
Subcutaneous
Intravenous
Intramuscular
Intraperitoneal
Global Needles Market, By Application:
Pen Needles in Diabetes
Blood Collection Needles
Surgical Suture Needles
Ophthalmic Procedure Needles
Dentistry Needles
Insufflation Needles
Other Applications
Global Needles Market, By Material:
Stainless Steel Needles
Plastic Needles
Glass Needles
PEEK(Polyether Ether Ketone) Needles
Global Needles Market, By End User:
Hospitals
Clinics
Diagnostic Centers
Research Institutions.
Home based care
Others
Global Needles Market, By Region:
North America
By Country
U.S.
Canada
Latin America
By Needle Type
Conventional Needles
Safety Needles
By Delivery Site
Intradermal
Subcutaneous
Intravenous
Intramuscular
Intraperitoneal
By Application
Pen Needles in Diabetes
Blood Collection Needles
Surgical Suture Needles
Ophthalmic Procedure Needles
Dentistry Needles
Insufflation Needles
Other Applications
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Contact Email [email protected]
Issued By Jitendra
Phone 206-701-6702
Business Address Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Country United States
Categories Health
Last Updated August 30, 2018