October 28, 2021

Hypodermic Needles Market Share Expected to Grow at CAGR of 6.70% by 2025 |17000 + Technavio Reports

NEW YORK, Oct. 5, 2021 /PRNewswire/ —
The hypodermic needles market in the…

NEW YORK, Oct. 5, 2021 /PRNewswire/ —

The hypodermic needles market in the health care supplies industry is expected to grow by $ 1.51 bn from  2021 to 2025 at a CAGR of  6.70%. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. B. Braun Melsungen AG, Becton Dickinson and Co., Cardinal Health Inc., EXELINT International Co., Medline Industries Inc., Medtronic Plc, Nipro Medical Corp., Smiths Group Plc, Terumo Corp., and Vita Needle Co. are some of the major market participants. Although the increasing target population requiring hypodermic needles, and market expansion in emerging economies will offer immense growth opportunities, to leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Hypodermic needles market 2021-2025: Segmentation

  • Product
    • Safety Needles
    • Non-safety Needles
  • End-user
    • Hospitals And Clinics
    • ASCs
    • Others
  • Geography
    • North America
    • Europe
    • Asia
    • ROW

Hypodermic Needles Market 2021-2025: Vendor Analysis and Scope

To help businesses improve their market position, the hypodermic needles market provides a detailed analysis of around 25 vendors operating in the market. Backed with competitive intelligence and benchmarking, our research reports on the hypodermic needles market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.

The report also covers the following areas:

Market trend such as increasing compliance with safety needles is likely to emerge as one of the primary drivers of the market. However, factors such as the availability of alternatives may threaten the growth of the market.

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Hypodermic Needles Market 2021-2025: Key Highlights

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will assist hypodermic needles market growth during the next five years
  • Estimation of the hypodermic needles market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the hypodermic needles market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of hypodermic needles market vendors

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Hypodermic Needles Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 6.70%

Market growth 2021-2025

$ 1.51 billion

Market structure

Fragmented

YoY growth (%)

5.11

Regional analysis

North America, Europe, Asia, and ROW

Performing market contribution

North America at 37%

Key consumer countries

US, Germany, Japan, China, and France

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

B. Braun Melsungen AG, Becton Dickinson and Co., Cardinal Health Inc., EXELINT International Co., Medline Industries Inc., Medtronic Plc, Nipro Medical Corp., Smiths Group Plc, Terumo Corp., and Vita Needle Co.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Download a Free Sample Report for Actionable insights on the trends and challenges that will help companies evaluate and develop growth strategies for 2021-2025.

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