The Global Needles Market was worth USD 5.38 billion in 2016 and estimated to be growing at a CAGR of 7.7%, to reach USD 7.8 billion by 2021. The market is showing high growth potential in the mentioned period. It will continue to expand with the recent developments in the Pharmaceutical industry.

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Needles are the sterile devices which help in injecting solutions in the human body. Needles are the hollow metal tube with a pointed tip and are also used to separate different types of body fluids, like tissues from swollen parts and blood from veins. A needle comes with a syringe, which is made from either glass or plastic and is shaped in the form of a cylinder with a piston at one end and an opening which holds the needle.

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Increasing instances of chronic diseases, rising geriatric population and advancement in technology of needle based drug delivery are the major driving forces for the global needles market. However, high risk associated with drug delivery by syringes and needles hamper the growth of the global needles market. Moreover, increased risk of needle stick injuries and availability of alternatives also hampers the growth of global syringes and needles market.

Global Needles Market Segmentation:

Type                                     
Conventional Needles         
Bevel Needles        
Filter Needles         
Vented Needles     
Safety Needles       
Active needles        
Passive Needles     
Y-o-Y Growth Analysis, By Type      
Market Attractiveness Analysis, By Type   
Market Share Analysis, By Type    
Product                             
Suture Needles      
Blood Collection Needles   
Ophthalmic Needles            
Dental Needles      
Insufflation Needles            
Pen Needles           
Other Needles        
Y-o-Y Growth Analysis, By Product  
Market Attractiveness Analysis, By Product              
Market Share Analysis, By Product
Delivery Mode                                    
Hypodermic Needles           
Intravenous Needles           
Intramuscular Needles        
Intraperitoneal Needles      
Y-o-Y Growth Analysis, By Delivery Mode    
Market Attractiveness Analysis, By Delivery Mode   
Market Share Analysis, By Delivery Mode    
Material                               
Stainless Steel Needles       
Plastic Needles      
Glass Needles         
PEEK Needles         
Y-o-Y Growth Analysis, By Material
Market Attractiveness Analysis, By Material              
Market Share Analysis, By Material
End User                     
Hospitals & Clinics 
Diagnostic Centers
Home Healthcare  
Other End Users    
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On the basis of region the global market is segmented into North America, Asia-Pacific, Europe, Latin America and Middle-East and Africa. North America and Europe dominate the global needles market. This is because of different types of government legislative reforms. However, Asia-pacific is expected to grow at the highest CAGR in the forecasting period of global needles market because of increasing geriatric population.

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Some of the major competitors dominating the global needles market are Becton, Dickinson and Company, B. Braun Melsungen AG, Terumo Corporation and Smiths Medical, Terumo Corporation, Smiths Medical, and Thermo Fisher Scientific.

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