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Global Market for Hypodermic Needles

Dublin, Oct. 17, 2023 (GLOBE NEWSWIRE) -- The "Hypodermic Needles: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Hypodermic Needles estimated at US$4.2 Billion in the year 2022, is projected to reach a revised size of US$5.9 Billion by 2030, growing at a CAGR of 4.1% over the analysis period 2022-2030.

Safety Needles, one of the segments analyzed in the report, is projected to record 4.8% CAGR and reach US$3.6 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Non-Safety Needles segment is readjusted to a revised 3.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 7.1% CAGR

The Hypodermic Needles market in the U.S. is estimated at US$1.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.2 Billion by the year 2030 trailing a CAGR of 7.1% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.1% and 4.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.1% CAGR.

Select Competitors (Total 42 Featured) -

• Albert David

• B. Braun Melsungen AG

• Becton

• Catalent, Inc.

• Connecticut Hypodermics, Inc.

• DeRoyal

• Dickinson And Company

• EXELINT International Co.

• Hindustan Syringes & Medical Devices Limited

• Hi-Tech Syringes

• International Medsurg Connection

• Medline Industries, Inc.

• MedPro Safety Products, Inc.

• Medtronic plc

• Nipro Medical Corporation

• Retractable Technologies, Inc.

• Smiths Group plc

• Terumo Medical Corporation

• Unilife Corporation

• Vita Needle Company

• Vygon

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.

• Global competitiveness and key competitor percentage market shares

• Market presence across multiple geographies - Strong/Active/Niche/Trivial

• Online interactive peer-to-peer collaborative bespoke updates

• Access to digital archives and Research Platform

• Complimentary updates for one year

Key Attributes:

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights

• World Market Trajectories

• Impact of Covid-19 and a Looming Global Recession

• Hypodermic Needles - Global Key Competitors Percentage Market Share in 2022 (E)

• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)