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Needles Market Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019-2025


Needles Market Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019-2025

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Global Needles Market, By Type {Conventional (Bevel, Vented), Safety}, Product Type (Suture, Blood Collection, Insufflation), Material (Stainless Steel, Plastic), Delivery Mode (IV, IM, Hypodermic), End-User (Hospitals, Diagnostic Centers), Distribution Channel (Direct Tenders, Retail), Geography (North America, South America, Europe, Asia-Pacific, and Middle East and Africa)

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Global Needles Market was thriving with USD 5.3 billion in 2016 and is expected to grow at a CAGR of 8.10% during the forecast period of 2017 to 2024.  The upcoming market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Some of the major players operating in the global medical device reprocessing market are:

  • Becton,
  • Dickinson and Company,
  • Novo Nordisk A/S,
  • Ypsomed,
  • Owen Mumford Ltd.,
  • Braun Melsungen,
  • Terumo Corporation,
  • ulti med Products GmbH,
  • Allison Medical, Inc.,
  • Artsana S.p.A.,
  • Thermo Fisher Scientific,
  • Smiths Medical,
  • Boston Scientific Corporation,
  • Hamilton Company,
  • Abbott,
  • CONMED Corporation,
  • Johnson & Johnson Inc.,
  • Medtronic,
  • Retractable Technologies, Inc.,
  • Revolutions Medical Corporation,
  • Smith & Nephew,

Competitive Analysis: Needles Market

The global needles market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of needles market for global, Europe, North America, Asia Pacific, and South America.

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Market Drivers and Restraints:

  • Increasing number of blood donations
  • Rising number of geriatric population
  • Increasing number of chronic diseases
  • Lack of skilled physicians
  • High cost associated with endosurgical procedures
  • Needle anxiety

Key Insights in the report:

  • Historical and current market size and projection up to 2025
  • Market trends impacting the growth of the global Needles
  • Analyze and forecast the global Needles market on the basis of type and end use industry
  • Trends of key regional and country-level markets for type and end use industry
  • Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis

Needles Market Segments: 

Based on type, the global-needles market is segmented into:

  • conventional
  • safety needles.

On the basis of product type, the global-needles market is classified into:

  • suture,
  • blood collection,

On the basis of material, the global needles market is classified into:

  • stainless steel

On the basis of delivery mode, the global-needles market is classified into:

  • IV,
  • IM,

On the basis of end user, the global needles market is segmented into:

  • hospitals
  • diagnostic centers.

On the basis of distribution channel, the global needles market is segmented into:

  • direct tenders
  • and retail.

Based on geography, the global-needles market report covers data points for 28 countries across multiple geographies namely:

  • North America,
  • South America,
  • Europe,
  • Asia-Pacific,
  • Middle East & Africa.

Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

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