Global Needles Market Growth 2023-2029

Global Needles Market Growth 2023-2029

Needles are a common device used for medical applications. In this report, we will study products of flowing: suture needle, hypodermic needle, etc.

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

This Insight Report provides a comprehensive analysis of the global 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 Needles portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Needles market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 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 Needles.

The global Needles market size is projected to grow from US$ 6796.9 million in 2022 to US$ 9926.9 million in 2029; it is expected to grow at a CAGR of 9926.9 from 2023 to 2029.

Global key players of needles include BD, Johnson & Johnson, B. Braun, Nipro, Terumo, etc. The top five players hold a share over 36%. Asia-Pacific is the largest market, has a share about 36%, followed by Europe and North America, with share 27% and 21%, separately. In terms of product type, Hypodermic Needle is the largest segment, occupied for a share of 72%, and in terms of application, Hospitals has a share about 74 percent.

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

Market Segmentation:

Segmentation by type
Hypodermic Needle
Suture Needle
Lancet
Others

Segmentation by application
Hospitals
Diagnostic Centers
Others

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
B. Braun
Nipro
Terumo
Novo Nordisk
WEGO
Roche
Lifescan
Cardinal Health
Medtronic
Smiths Medical
KDL
Teleflex
Artsana
Ypsomed
Hamilton
Improve Medical

Key Questions Addressed in this Report

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

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

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

How do Needles market opportunities vary by end market size?

How does 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.