Global Medical Needles Market Growth 2023-2029

Global Medical Needles Market Growth 2023-2029

Needles are a common device used for medical applications. In this report, we will collect products of flowing: Insulin Pen Needles, Suture Needle, Hypodermic Needle, Ophthalmic Needle, Dental Needle and others.
LPI (LP Information)' newest research report, the “Medical Needles Industry Forecast” looks at past sales and reviews total world Medical Needles sales in 2022, providing a comprehensive analysis by region and market sector of projected Medical Needles sales for 2023 through 2029. With Medical Needles sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Medical Needles industry.
This Insight Report provides a comprehensive analysis of the global Medical 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 Medical Needles portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Medical Needles market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Medical 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 Medical Needles.
The global Medical Needles market size is projected to grow from US$ 6208.9 million in 2022 to US$ 8310.7 million in 2029; it is expected to grow at a CAGR of 8310.7 from 2023 to 2029.
The classification of Medical Needles includes Insulin Pen Needles, Suture Needle, Hypodermic Needle, Ophthalmic Needle, Dental Needle and others, and the sales proportion of Hypodermic Needle in 2019 is about 76.5%. And the sale proportion of Insulin Pen Needles in 2019 is 11.16%.

Medical Needles is widely used in Hospital, Clinics and Other. The most proportion of Medical Needles is Hospital, and the proportion in 2019 is about 50%.

Asia Pacific is the largest consumption place, with a consumption market share nearly 36.83 in 2019. Following Asia Pacific, Europe is the second largest consumption place with the consumption market share of 28.12%.

Market competition is intense. BD, Johnson & Johnson, Novo Nordisk, Nipro, WEGO, Terumo, B.Braun, Smiths Medical, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers.
This report presents a comprehensive overview, market shares, and growth opportunities of Medical Needles market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Insulin Pen Needles
Suture Needle
Hypodermic Needle
Ophthalmic Needle
Dental Needle
Others
Segmentation by application
Hospital
Clinic
ASCs
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
Johnson & Johnson
Novo Nordisk
Nipro
WEGO
Terumo
B.Braun
Smiths Medical
Medtronic
Ypsomed
Teleflex
MTD
Smith & Nephew
Cardinal Health

Key Questions Addressed in this Report
What is the 10-year outlook for the global Medical Needles market?
What factors are driving Medical Needles market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Medical Needles market opportunities vary by end market size?
How does Medical 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.