Global Hypodermic Needles Market 2024-2028

Global Hypodermic Needles Market 2024-2028

Global Hypodermic Needles Market 2024-2028

The hypodermic needles market is forecasted to grow by USD 2103.2 mn during 2023-2028, accelerating at a CAGR of 7.63% during the forecast period. The report on the hypodermic needles market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing target population requiring hypodermic needles, increasing compliance of safety needles, and market expansion in emerging economies.

Technavio's hypodermic needles market is segmented as below:

• By Product
• Safety needles
• Non-safety needles
• By End-user
• Hospitals and clinics
• ASCs
• Others
• By Geographical Landscape
• North America
• Europe
• Asia
• Rest of World (ROW)

This study identifies the high demand for vaccines as one of the prime reasons driving the hypodermic needles market growth during the next few years. Also, introduction of user-friendly features in hypodermic needles and increasing partnerships and collaborations will lead to sizable demand in the market.

The report on the hypodermic needles market covers the following areas:

• Hypodermic needles market sizing
• Hypodermic needles market forecast
• Hypodermic needles market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hypodermic needles market vendors that include B.Braun SE, Becton Dickinson and Co., Cadence Inc., Cardinal Health Inc., Connecticut Hypodermics Inc., DeRoyal Industries Inc., EXELINT International Co., Hamilton Co., Hindustan Syringes and Medical Devices Ltd., Hi Tech Medics Pvt Ltd., Iscon Surgicals Ltd., Medline Industries LP, Medtronic Plc, Nipro Medical Corp., Novo Nordisk AS, Retractable Technologies Inc, Smiths Group Plc, Terumo Corp., Vita Needle Co., and Vygon SAS. Also, the hypodermic needles market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.