Needles Market Report Overview

Maximize Market Research published reports that help clients understand the Needles market structure in-depth. The report which is a combination of primary and secondary research gives thorough details about the Needles market, trade statistics, leading players, and various market metrics.

Needles Market Report Scope and Research Methodology

The report provides business statistics and analytical insights to help you understand the Needles market size, market share, growth, trends, demand, top players, industry profile, opportunities, value chain, end-users, types, and applications in plain language. The bottom-up approach was used to estimate the global and regional Needles market size. Both primary and secondary research methodologies were used to clearly present the Needles market structure.

In the secondary research method, data was collected from a selected set of sources. This method was used to gather information on Needles key players and current and past trends in the industry. The information gathered through secondary research was validated using the primary research method, in which Needles industry experts were interviewed.

The report also includes growth opportunities in micro and macro markets for stakeholders to invest in, with a detailed analysis of the competitive landscape and significant Needles competitors' product offerings. SWOT analysis was used to identify the strengths and weaknesses of the Needles market.

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Needles Market Regional Analysis

The report has been segmented into many key countries. This section provides a detailed analysis of the Needles market in all the regions with their key countries including market size, CAGR, and import and export. The regions and their countries studied are:

North America- U.S., Canada, Mexico
Europe- UK, Germany, France, Spain, Rest of Europe
Asia Pacific- China, India, Japan, Australia, South Korea, Asian Countries, Rest of APAC
South America- Brazil
Middle East and Africa.
Needles Market Segmentation

by Type

Conventional
Safety

In 2022, Safety Needles held a 57.2% market share, dominating the industry. These items offer a lower chance of needle stick injuries. Blood-borne infections like HIV and the hepatitis B and C viruses can result from such damage. Safety needles save expenditures, lessen the risk of infection, and improve usability and convenience. Pressing the plunger to inject the medicine triggers automatic withdrawal technology in NMT-type safety syringes. Accuracy, operating time, and quick-use design were helpful factors because most medical professionals favored safety needle technology over traditional.

by Product

Pen
Suture
Blood Collection
Others

In terms of product, pen needles held a 36.3% market share in 2022. Pen needles come in a range of diameters and lengths, and diabetes is becoming more and more common. With advanced technology, small, thin, painless needles are widely available around the world. These factors are driving the growth of the segment through the forecast period.

by Mode

Hypodermic
Intravenous
Intramuscular
Others

In 2022, the Hypodermics sector held a dominant 35.3 % share of the market. Growth in long-term conditions like diabetes and the development of needles that work with high-performance injection technology and can tolerate high pressures. The market sector is expanding as a result of these causes.

Over the course of the projection period, the intravenous segment is anticipated to rise at a CAGR of 3.4%. To inject and remove samples, the hollow IV needle is connected to an IV syringe. minimizes contamination when sterile substrates are being inoculated. Over the course of the projected period, these elements are anticipated to propel the segment's growth.

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Needles Market Key Players

1. Becton
2. Dickinson & Company
3. Medtronic plc
4. Hamilton Company
5. Stryker Corporation
6. Terumo Corporation
7. B. Braun Melsungen AG
8. Boston Scientific Corporation
9. Nipro Medical Corporation
10. Novo Nordisk A/s
11. Thermo Fisher Scientific
12. Smith’s Medical
13. Hilgenberg GmbH
14. BD
15. Novo Nordisk A/S
16. YPSOMED
17. Owen Mumford
18. HTL-STREFA S.A.
19. B. Braun Melsungen AG
20. ulti med Products (Deutschland) GmbH
21. Allison Medical Inc.
22. Artsana S.p.A.
23. Abbott
24. CONMED Corporation
25. Johnson & Johnson Services, Inc.
26. Retractable Technologies, Inc.
27. Olympus Corporation

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Key Questions answered in the Needles Market Report are:

What is Needles?
What will be the CAGR of the Needles market during the forecast period?
Which segment of the Needles market held the largest share of the global market in 2022?
What trends are expected to generate additional revenue for the Needles market?
What are the opportunities for the Needles Market?
What factors are driving the Needles market growth?
Which company held the largest share in the Needles market?
Key Offerings:

A detailed Market Overview
Market Share, Size, and Forecast by Revenue|2023-2029
Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
Market Segmentation- A detailed analysis of each segment and their segments
Competitive Landscape - Leading key players and other prominent key players.
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About Maximize Market Research:

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