Needles Market trend, outlook 2025

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, for its member country. Also, Association of Professionals in Infection Control and Epidemiology in the U.S. issued updated guidelines in 2016 to prevent spread of infectious disease through unsafe injection practices.

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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

• Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion, and marketing tactics

• The global needles market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

• Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the needles market.

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 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

    • By Material

      • Stainless Steel Needles

      • Plastic Needles

      • Glass Needles

      • PEEK Needles

    • By End User

      • Hospitals

      • Clinics

      • Diagnostic Centers

      • Research Institutions.

      • Home based care

      • Others

    • By Country

      • U.S.

      • Canada

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Submitting intelligent market insights of the market situations for healthcare services