Hypodermic Needles Market by Product, End-user, and Geography - Forecast and Analysis 2021-2025

  • Published: Sep 2021
  • Pages: 120
  • SKU: IRTNTR70968
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The hypodermic needles market has the potential to grow by USD 1.51 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 6.70%.

This hypodermic needles market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (safety needles and non-safety needles), end-user (hospitals and clinics, ASCs, and others), and geography (North America, Europe, Asia, and ROW). The hypodermic needles market report also offers information on several market vendors, including 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. among others.

What will the Hypodermic Needles Market Size be in 2021?

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Hypodermic Needles Market: Key Drivers and Trends

The increasing target population requiring hypodermic needles is notably driving the hypodermic needles market growth, although factors such as the availability of alternatives may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the hypodermic needles industry. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.

This hypodermic needles market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Hypodermic Needles Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • 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.
  • Vita Needle Co.

 

The vendor landscape of the hypodermic needles market entails successful business strategies deployed by the vendors. The hypodermic needles market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the hypodermic needles market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Hypodermic Needles Market?

Hypodermic-Needles-Market-Market-Share-by-Region-2020-2025

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37% of the market’s growth will originate from North America during the forecast period. The US is the key market for hypodermic needles market in North America. 

The report offers an up-to-date analysis of the geographical composition of the market. North America has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. Increasing compliance of safety needles will facilitate the hypodermic needles market growth in North America over the forecast period. The report offers an up-to-date analysis of the geographical composition of the market, competitive intelligence, and regional opportunities in store for vendors.

What are the Revenue-generating Product Segments in the Hypodermic Needles Market?

Hypodermic-Needles-Market-Market-Share-by-Product-2020-2025

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The hypodermic needles market share growth by the safety needles segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

This report provides an accurate prediction of the contribution of all the segments to the growth of the hypodermic needles market size. Furthermore, our analysts have indicated actionable market insights on post COVID-19 impact on each segment, which is crucial to predict change in consumer demand.

 

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What are the Key Factors Covered in this Hypodermic Needles Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive hypodermic needles market growth during the next five years
  • Precise estimation of the hypodermic needles market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the hypodermic needles market across North America, Europe, Asia, and ROW 
  • A thorough 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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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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