Hypodermic Needles Market Analysis and Forecast Report, 2014 to 2024

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Hypodermic Needles Market Share, Size, Analysis,
Regional Outlook, Growth, Trends and Forecasts to
2024 Hexa Research
The global hypodermic needle market to reach
USD 4,238.9 billion by 2024
The global Hypodermic Needle Market to reach USD
4,238.9 billion by 2024. Implementation of
stringent legislation to reduce needlestick
injury and increasing awareness related to safety
needles among the healthcare provider is expected
to drive the hypodermic needle market over the
forecast period. Furthermore, increasing
awareness of the regular immunizations coupled
with increasing preference for regular health
check-ups will further escalate the demand for
hypodermic needles over the forecast period.
Moreover, rising geriatric population, increasing
prevalence of diabetes, improving healthcare
hygienic sample withdrawal practices in emerging
economies such India, China, and Brazil is
projected to propel the demand for hypodermic
needle over the forecast period. However, the
high cost of automated safety needles and the
introduction of needleless delivery mechanisms
might restrain the market growth in the forecast
period.
Worldwide, needlestick injuries are the primary
concern for healthcare providers. In the U.S.,
every year, approximately, 8 to 10 lac
needlestick injuries occur to healthcare workers,
and about 1000 of them get contacted with
infectious diseases, and 500 to 600 die each year
due to these types of injuries. The cost
of needlestick injury follow-up in the U.S. per
incident is approximately USD 3,000, and around
USD 3 billion is spent annually in the U.S. on
needlestick injuries. Hence, the increasing
occurrence of these type of injuries results in
the development of improved and effective safety
needles.
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Safety engineered devices (SEDs) are categorized
into passive and active devices. Passive needles
are highly preferred over conventional needles
owing to its advantages such as user-friendliness
and others. Also, with the implementation of the
regulations promoting the use of safety
hypodermic needles will further enhance the
acceptance of these needles over the forecast
period. For instance, World Health Organization
(WHO) encourages injection safety worldwide
through the Safe Injection Global Network (SIGN).
Exposure to needlestick injuries may cause severe
blood-borne diseases such as HIV and Hepatitis.
Owing to the increasing occurrence of needlestick
injuries, healthcare providers are shifting
towards the use of safety hypodermic needles.
Furthermore, manufacturers are focusing on
developing needles and syringes safety-engineered
mechanisms to avoid any injuries. For instance,
BD has developed SafetyGlide, Vacutainer Eclipse
blood collection needle, and VanishPoint blood
collection safety needle. Hence, increasing focus
on the development of advanced engineered
mechanisms about the needles performance and
efficiency will further drive the growth.
Hexa Research has segmented the global hypodermic
needle market based on type, end-use and region
Segmentation by product type, 2014 - 2024 (USD
Million) Safety Needle
Non-safety Needle
Segmentation by end-user, 2014 - 2024 (USD
Million)
Hospitals Clinic Diagnostic Lab Homecare
Segmentation by region, 2014 - 2024 (USD Million)
North America U.S.
Europe
Germany Asia Pacific Japan
China
India
Central South America Brazil
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Middle East Africa
Key players analyzed Becton, Dickinson, and
Company Medtronic
Retractable Technologies Terumo Medical
Corporation Smiths Medical
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Table of Content of Conformal Coating Market
Chapter 1. Market Summary
1.1. Market trends movement
Chapter 2. Hypodermic Needle Market Trends
Drivers Opportunities 2.1. Introduction
2.2. Key industry trends
2.3. Market drivers
2.4. Market restraints
2.5. Supply chain analysis 2.6. Porter's Five
Forces analysis 2.7. SWOT
Chapter 3. Hypodermic Needle Market Trends, By
Product Type 3.1. Global hypodermic needle market
movement, by product type, 2016 2024 3.1.1.
Safety Needle
3.1.1.1. Market estimates and forecast, 2014 -
2024 (USD Million) 3.1.2. Non-safety Needle
3.1.2.1. Market estimates and forecast, 2014 -
2024 (USD Million)
Chapter 4. Hypodermic Needle Market Trends, By
End-user 4.1. Global hypodermic needle market
movement, by end-user, 2016 2024 4.1.1.
Hospital Clinic
4.1.1.1. Market estimates and forecast, 2014 -
2024 (USD Million) 4.1.2. Diagnostic Lab
4.1.2.1. Market estimates and forecast, 2014 -
2024 (USD Million) 4.1.3. Homecare
4.1.3.1. Market estimates and forecast, 2014 -
2024 (USD Million)
Chapter 5. Hypodermic Needle Market Trends, By
Region 5.1. Global hypodermic needle market
movement, by region, 2016 2024 5.1.1. North
America
5.1.1.1. Market estimates and forecast, 2014 -
2024 (USD Million) 5.1.1.2. Market estimates and
forecast, by product type, 2014 - 2024 (USD
Million) 5.1.1.3. Market estimates and forecast,
by end-user, 2014 - 2024 (USD Million)
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5.1.2. Europe
5.1.2.1. Market estimates and forecast, 2014 -
2024 (USD Million) 5.1.2.2. Market estimates and
forecast, by product type, 2014 - 2024 (USD
Million) 5.1.2.3. Market estimates and forecast,
by end-user, 2014 - 2024 (USD Million) 5.1.3.
Asia Pacific
5.1.3.1. Market estimates and forecast, 2014 -
2024 (USD Million) 5.1.3.2. Market estimates and
forecast, by product type, 2014 - 2024 (USD
Million) 5.1.3.3. Market estimates and forecast,
by end-user, 2014 - 2024 (USD Million) 5.1.4.
Central South America
5.1.4.1. Market estimates and forecast, 2014 -
2024 (USD Million) 5.1.4.2. Market estimates and
forecast, by product type, 2014 - 2024 (USD
Million) 5.1.4.3. Market estimates and forecast,
by end-user, 2014 - 2024 (USD Million) 5.1.5.
Middle East Africa
5.1.5.1. Market estimates and forecast, 2014 -
2024 (USD Million) 5.1.5.2. Market estimates and
forecast, by product type, 2014 - 2024 (USD
Million) 5.1.5.3. Market estimates and forecast,
by end-user, 2014 - 2024 (USD Million)
Chapter 6. Key Country Markets
6.1. U.S.
6.1.1. Market estimates and forecast, 2014 - 2024
(USD Million) 6.1.2. Market estimates and
forecast, by product type, 2014 - 2024 (USD
Million) 6.1.3. Market estimates and forecast, by
end-user, 2014 - 2024 (USD Million) 6.2. Germany
6.2.1. Market estimates and forecast, 2014 - 2024
(USD Million) 6.2.2. Market estimates and
forecast, by product type, 2014 - 2024 (USD
Million) 6.2.3. Market estimates and forecast, by
end-user, 2014 - 2024 (USD Million) 6.3. Japan
6.3.1. Market estimates and forecast, 2014 - 2024
(USD Million) 6.3.2. Market estimates and
forecast, by product type, 2014 - 2024 (USD
Million) 6.3.3. Market estimates and forecast, by
end-user, 2014 - 2024 (USD Million) 6.4. China
6.4.1. Market estimates and forecast, 2014 - 2024
(USD Million) 6.4.2. Market estimates and
forecast, by product type, 2014 - 2024 (USD
Million) 6.4.3. Market estimates and forecast, by
end-user, 2014 - 2024 (USD Million) 6.5. India
6.5.1. Market estimates and forecast, 2014 - 2024
(USD Million)
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6.5.2. Market estimates and forecast, by product
type, 2014 - 2024 (USD Million) 6.5.3. Market
estimates and forecast, by end-user, 2014 - 2024
(USD Million) 6.6. Brazil
6.6.1. Market estimates and forecast, 2014 - 2024
(USD Million) 6.6.2. Market estimates and
forecast, by product type, 2014 - 2024 (USD
Million) 6.6.3. Market estimates and forecast, by
end-user, 2014 - 2024 (USD Million)
Chapter 7. Competitive Landscape 7.1. Competitive
landscape analysis, 2016 7.2. Strategic framework
7.3. Potential customer base concentration 7.4.
Company market positioning 7.5. Company profiles
7.5.1. Becton, Dickinson, and Company 7.5.1.1.
Company Overview 7.5.1.2. Product
Benchmarking 7.5.1.3. Financial
Performance 7.5.1.4. Recent Initiatives
7.5.2. Retractable Technologies 7.5.2.1. Company
Overview 7.5.2.2. Product Benchmarking 7.5.2.3.
Financial Performance 7.5.2.4. Recent Initiatives
7.5.3. Terumo Medical Corporation 7.5.3.1.
Company Overview 7.5.3.2. Product
Benchmarking 7.5.3.3. Financial
Performance 7.5.3.4. Recent Initiatives
7.5.4. Smiths Medical
7.5.4.1. Company Overview 7.5.4.2. Product
Benchmarking 7.5.4.3. Financial
Performance 7.5.4.4. Recent Initiatives
7.5.5. Medtronic plc
7.5.5.1. Company Overview 7.5.5.2. Product
Benchmarking
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7.5.5.3. Financial Performance 7.5.5.4. Recent
Initiatives
Chapter 8. Methodology and Scope 8.1. Research
methodology
8.2. Research Scope Assumptions 8.3. List of
data sources
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