Needles Market worth $10.6 billion by 2027 - PowerPoint PPT Presentation

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Needles Market worth $10.6 billion by 2027

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The global Needles Market is expected to reach USD 10.6 billion by 2027 from USD 7.7 billion in 2022, at a CAGR of 6.7% during the forecast period. – PowerPoint PPT presentation

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Title: Needles Market worth $10.6 billion by 2027


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The global Needles Market is expected to
reach USD 10.6 billion by 2027 from USD 7.7
billion in 2022, at a CAGR of 6.7 during the
forecast period. 
3
Pen Needles in product segment to
witness the highest growth rate during the
forecast period. Based on the Product, the
Needle Market is classified into Suture Needles,
Blood Collection Needles, Ophthalmic Needles,
Dental Needles, Insufflation Needles., By Pen
Needles - Standard Needles, Safety Needles., By
Biopsy and Aspiration Needles - Biopsy Needles,
Core Biopsy Needles, Vaccum Assisted Needles
Aspiration Needles, and Other Needles. The pen
needles,segment is expected to dominate because
of growing prevalence of diabetes as well as its
wide range of availability in a of lengths and
diameters moreover its used by doctors as well as
patients to deliver injectable medications.
4
US dominates the North American Needles
Market. Based on the North America region, the
Needles Market is divided into US and Canada. US
is expected to dominate the Needles Market.
Growing initiatives by different organizations
for the reduction of blood-borne infections, and
increasing prevalence of cardiovascular
diseases., are the key factor driving market
growth in the US.
5
Major players in the Needles Market Becton,
Dickinson, and Company (US), Medtronic (Ireland),
B. Braun Melsungen AG (Germany), Boston
Scientific Corporation (US), and Stryker
Corporation (US).
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