Global Needles Market  Drivers and Challenges Report 2024

The 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.

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)

Major 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

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The Global Needles Market is segmented based on type, product type, material, delivery mode, end user, distribution channel, and geography.

Based on type, the global needles market is segmented into conventional and safety needles. Conventional needle is further segmented into bevel and vented.

On the basis of product type, the global needles market is classified into suture, blood collection, and insufflations.

On the basis of material, the global needles market is classified into stainless steel and plastic.

On the basis of delivery mode, the global needles market is classified into IV, IM, and hypodermic.

On the basis of end user, the global needles market is segmented into hospitals and diagnostic centers.

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On the basis of distribution channel, the global needles market is segmented into direct tenders and retail.

Based on geography, the market is segmented into five geographical regions:

  • North America
  • South America
  • Europe
  • Asia-Pacific(APAC)
  • Middle East and Africa(MEA)

Competitive Analysis

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.

Some of the major players operating in this market are

  • Becton
  • Dickinson and Company
  • Novo Nordisk A/S
  • Ypsomed, Owen Mumford Ltd.
  • HTL-STREFA S.A.
  • 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
  • and UNILIFE CORPORATION

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Research Methodology

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

Demand Side Primary Contributors: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.

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