Global Hypodermic Needles Market Growth 2023-2029

Global Hypodermic Needles Market Growth 2023-2029

Hypodermic needles are hollow needles with sharp tip attached with syringes to inject or extract fluids from the body.

LPI (LP Information)' newest research report, the “Hypodermic Needles Industry Forecast” looks at past sales and reviews total world Hypodermic Needles sales in 2022, providing a comprehensive analysis by region and market sector of projected Hypodermic Needles sales for 2023 through 2029. With Hypodermic Needles sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hypodermic Needles industry.

This Insight Report provides a comprehensive analysis of the global Hypodermic Needles landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hypodermic Needles portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Hypodermic Needles market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hypodermic Needles and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hypodermic Needles.

The global Hypodermic Needles market size is projected to grow from US$ 2786.1 million in 2022 to US$ 4280.8 million in 2029; it is expected to grow at a CAGR of 4280.8 from 2023 to 2029.

Increasing prevalence of chronic diseases and technological advancements in hypodermic needle-based drug delivery are some of the major growth drivers of the global hypodermic needles market. According to an article published by the National Center for Biotechnology Information (NCBI), diabetes affected 285 million people worldwide in 2010 and the number is likely to reach 439 million by 2030. Increasing prevalence of diabetes has resulted in a significant rise in demand for hypodermic and insulin syringes.

This report presents a comprehensive overview, market shares, and growth opportunities of Hypodermic Needles market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Safety Needles
Others

Segmentation by application
Hospitals
ASCs
Homecare

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BD
Medtronic
B. Braun
Terumo Medical Corporation
Smiths Medical
Cardinal Health
Nipro
Yangzhou Medline
Johnson & Johnson
WEGO
MTD
Vitrex

Key Questions Addressed in this Report

What is the 10-year outlook for the global Hypodermic Needles market?

What factors are driving Hypodermic Needles market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Hypodermic Needles market opportunities vary by end market size?

How does Hypodermic Needles break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.