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.
However, high risk of infections associated with administration of drug delivery throughhypodermic needles restrains growth of this market. In addition, increased risk of needle stick injuries and availability of alternatives also restrain growth of the global hypodermic needles market. Rapid product launches and increasing mergers and acquisitions between manufacturing companies and government organizations are some of the recent trends in the global hypodermic needles market.
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The global Hypodermic Needles market is valued at 2940 million US$ in 2018 is expected to reach 4720 million US$ by the end of 2025, growing at a CAGR of 6.1% during 2019-2025.
This report focuses on Hypodermic Needles volume and value at global level, regional level and company level. From a global perspective, this report represents overall Hypodermic Needles market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
Key companies profiled in Hypodermic Needles Market report are Bd, Medtronic, Retractable Technologies, Terumo Medical Corporation, Smiths Medical and more in term of company basic information, Product Introduction, Application, Specification, Production, Revenue, Price and Gross Margin (2014-2019), etc.
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Table of Content
1 Hypodermic Needles Market Overview
2 Global Hypodermic Needles Market Competition by Manufacturers
3 Global Hypodermic Needles Production Market Share by Regions
4 Global Hypodermic Needles Consumption by Regions
5 Global Hypodermic Needles Production, Revenue, Price Trend by Type
6 Global Hypodermic Needles Market Analysis by Applications
7 Company Profiles and Key Figures in Hypodermic Needles Business
8 Hypodermic Needles Manufacturing Cost Analysis
9 Marketing Channel, Distributors and Customers
10 Market Dynamics
11 Global Hypodermic Needles Market Forecast
12 Research Findings and Conclusion
13 Methodology and Data Source