Hypodermic Needles Market by Product, End-user, and Geography - Forecast and Analysis 2023-2027

Published: Jan 2023 Pages: 160 SKU: IRTNTR70968

Hypodermic Needles Market Analysis 2023-2027:

The hypodermic needles market is estimated to grow at a CAGR of 7.43% between 2022 and 2027. The size of the market is forecast to increase by USD 1,913.12 million. The growth of the market depends on several factors, the including increasing target population requiring hypodermic needles, increasing compliance with safety needles, and market expansion in emerging economies

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 Rest of World (ROW)). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the size of the Hypodermic Needles Market During the Forecast Period?

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Hypodermic Needles Market: Key Drivers, Trends, Challenges, and Customer Landscape

The market expansion in emerging economies is notably driving the market growth, although factors such as the high cost of safety needles may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Hypodermic Needles Market Driver

The market expansion in emerging economies is a key factor driving the growth of the global hypodermic needles market. The demand for hypodermic needles is increasing in emerging countries like China, India, and Brazil. Factors such as rising chronic illness, increase in annual income levels of people, increasing awareness of healthcare devices among people, increasing investments in the private healthcare sector, government initiatives for the development of the healthcare sector, and increasing research on complex diseases such as Alzheimer disease and multiple sclerosis and their biological mechanisms drive the market in these countries. The prevalence of chronic diseases such as cancer, cardiovascular diseases, and diabetes in emerging countries fuels the need for diagnostic procedures.

This, in turn, increases the demand for hypodermic needles with a syringe for drawing blood samples to identify specific anomalies or to deliver fluid medications to patients to provide better treatment care with higher accuracy. The market in China is mainly driven by the constant investments made by the government in the healthcare sector to expand healthcare facilities and develop advanced medical infrastructure. Furthermore, business expansion by key vendors such as BD and TERUMO will drive the growth of the market during the forecast period.

Significant Hypodermic Needles Market Trend

The introduction of user-friendly features in hypodermic needles is the primary trend in the global hypodermic needles market growth. Advances in technology have paved the way for the development of hypodermic needles with user-friendly features such as shorter needles, fine gauge needles for lesser pain, and the absence of recapping to reduce infection exposure. The user-friendly features of hypodermic needles assist patients in self-administering medicine effectively and evenly to the subcutaneous tissue without deeper layer penetration, thereby reducing tissue damage.

Based on safety features, hypodermic needles are categorized into active and passive systems. In an active needle, clinicians activate the safety mechanism after injection. In a passive needle, the syringe automatically shields the needle after injection. Thus, the introduction of user-friendly features in hypodermic needles will drive the growth of the market during the forecast period.

Major Hypodermic Needles Market Challenge

The high cost of safety needles is a major challenge to the growth of the global hypodermic needles market. The manufacturing and use of safety needles involve significant costs. There is a huge price difference between safe and non-safety needles. The average cost per unit of non-safety needles is USD 0.052, and that of safety needles is USD 0.178. The high price of safe needles limits their adoption by healthcare centers in emerging countries such as China, India, and Brazil. Hence, local manufacturers are developing low-priced non-safety multi-use needles.

Rural areas in developing countries continue to use these needles, thus exposing individuals to bloodborne diseases. However, with government support, needle exchange programs, and initiatives undertaken by authorities such as the WHO and public healthcare organizations to improve healthcare infrastructure in developing countries, safe immunization and injection practices can be achieved globally. Such factors will hinder the market growth during the forecast period.

Key Hypodermic Needles Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Hypodermic Needles Market Customer Landscape

Who are the Major Hypodermic Needles Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

cadenceinc.com - The company offers industrial filling needles which are designed to dispense precise measurements of liquids or gas into bladder, capsules, cartridges, and other vessels. Also, this segment focuses on complete services that range from initial design through manufacturing and full supply chain management for medical devices, life science, and industrial products.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • B. Braun SE
  • Becton Dickinson and Co.
  • Cardinal Health Inc.
  • Connecticut Hypodermics Inc.
  • DeRoyal Industries Inc.
  • EXELINT International Co.
  • Hamilton Bonaduz AG
  • Hindustan Syringes and Medical Devices Ltd.
  • Hi Tech Medics Pvt Ltd.
  • Iscon Surgicals Ltd.
  • Medline Industries LP
  • Medtronic Plc
  • Nipro Medical Corp.
  • Novo Nordisk AS
  • Retractable Technologies Inc.

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the Hypodermic Needles Market?

The market share growth by the safety needles segment will be significant during the forecast period. In this safety, needles can be segmented as active and passive devices based on the requirement of user intervention to activate the safety mechanism. Based on the mechanism of activating this safety feature, active devices are further classified as manual and semi-automatic devices.

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The safety needles segment was valued at USD 3,059.95 million in 2017 and continue to grow by 2021In this segment, the rising aging population with chronic illnesses, the increasing preference for the use of safety needles due to their inbuilt safety mechanism, the implementation of regulations from the World WHO through the Safe Injection Global Network (SIGN) to promote the safe use of needles since 1999, and continuous technological advances and innovations in the development of multi-safety needles drive the growth of the segment.

Which are the Key Regions for the Hypodermic Needles Market?

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North America is estimated to contribute 39% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The regional market is primarily led by the US, owing to widespread insurance coverage, increasing R&D expenditure, growing aging population with chronic diseases, increasing needlestick injuries (NSIs), the demand for self-administered drugs, increasing awareness about safe injectable technology, and high healthcare spending. According to NCBI data, six million needlestick injuries occur annually in the US. Furthermore, the adoption of automated retractable needles in the US with safety features and the presence of advanced medical facilities drive market growth. The market in states such as Indiana, Ohio, and Illinois in the US is expected to grow at a fast pace due to the increasing number of accredited laboratories. Hence, owing to these factors, the regional market is expected to grow during the forecast period.

The outbreak of COVID-19 had a positive impact on the growth of the regional market. Moreover, the lockdown restrictions were relaxed in the second half of 2020 owing to large-scale vaccination drives across North America. This resumed operations in clinics and hospitals providing treatments for different diseases in the first half of 2021. Thus, increasing treatments and checkups in clinics and hospitals will drive the demand for hypodermic needles, which will further boost the growth of the hypodermic needles market in North America during the forecast period.

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Product Outlook (USD Million, 2017 - 2027)
    • Safety needles
    • Non-safety needles
  • End-User Outlook (USD Million, 2017 - 2027)
    • Hospitals and clinics
    • ASCs
    • Others
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • Asia
      • China
      • India
    • Rest of the World
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Hypodermic Needles Market Scope

Report Coverage

Details

Page number

160

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 7.43%

Market growth 2023-2027

USD 1,913.12 million

Market structure

Fragmented

YoY growth 2022-2023(%)

6.65

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 39%

Key countries

US, UK, Germany, Japan, and China

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

B. Braun SE, Becton Dickinson and Co., Cadence Inc., Cardinal Health Inc., Connecticut Hypodermics Inc., DeRoyal Industries Inc., EXELINT International Co., Hamilton Bonaduz AG, Hindustan Syringes and Medical Devices Ltd., Hi Tech Medics Pvt Ltd., Iscon Surgicals Ltd., Medline Industries LP, Medtronic Plc, Nipro Medical Corp., Novo Nordisk AS, Retractable Technologies Inc., Smiths Group Plc, Terumo Medical Corp., Vita Needle Co., and Vygon SAS

Market dynamics

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

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

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the hypodermic needles market between 2023 and 2027
  • Precise estimation of the size of the hypodermic needles market size and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market industry across North America, Europe, Asia, and Rest of World (ROW)
  • Thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of hypodermic needles market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global hypodermic needles market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global hypodermic needles market 2017 - 2021 ($ million)
    • 4.2 Product Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)
    • 4.3 End user Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – End user Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Product

    • 6.1 Market segments
      • Exhibit 30: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
    • 6.2 Comparison by Product
      • Exhibit 32: Chart on Comparison by Product
      • Exhibit 33: Data Table on Comparison by Product
    • 6.3 Safety needles - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Safety needles - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Safety needles - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Safety needles - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Safety needles - Year-over-year growth 2022-2027 (%)
    • 6.4 Non-safety needles - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Non-safety needles - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Non-safety needles - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Non-safety needles - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Non-safety needles - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Product
      • Exhibit 42: Market opportunity by Product ($ million)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 43: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 44: Data Table on End-user - Market share 2022-2027 (%)
    • 7.2 Comparison by End-user
      • Exhibit 45: Chart on Comparison by End-user
      • Exhibit 46: Data Table on Comparison by End-user
    • 7.3 Hospitals and clinics - Market size and forecast 2022-2027
      • Exhibit 47: Chart on Hospitals and clinics - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Data Table on Hospitals and clinics - Market size and forecast 2022-2027 ($ million)
      • Exhibit 49: Chart on Hospitals and clinics - Year-over-year growth 2022-2027 (%)
      • Exhibit 50: Data Table on Hospitals and clinics - Year-over-year growth 2022-2027 (%)
    • 7.4 ASCs - Market size and forecast 2022-2027
      • Exhibit 51: Chart on ASCs - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Data Table on ASCs - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Chart on ASCs - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on ASCs - Year-over-year growth 2022-2027 (%)
    • 7.5 Others - Market size and forecast 2022-2027
      • Exhibit 55: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 56: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.6 Market opportunity by End-user
      • Exhibit 59: Market opportunity by End-user ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 61: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 62: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 63: Chart on Geographic comparison
      • Exhibit 64: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 65: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 67: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 68: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 Asia - Market size and forecast 2022-2027
      • Exhibit 73: Chart on Asia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 74: Data Table on Asia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 75: Chart on Asia - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on Asia - Year-over-year growth 2022-2027 (%)
    • 9.6 Rest of World (ROW) - Market size and forecast 2022-2027
      • Exhibit 77: Chart on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
      • Exhibit 78: Data Table on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
      • Exhibit 79: Chart on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
    • 9.7 US - Market size and forecast 2022-2027
      • Exhibit 81: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 82: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 83: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.8 UK - Market size and forecast 2022-2027
      • Exhibit 85: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 86: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 87: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.9 Japan - Market size and forecast 2022-2027
      • Exhibit 89: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 90: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 91: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.10 Germany - Market size and forecast 2022-2027
      • Exhibit 93: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 94: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 95: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.11 China - Market size and forecast 2022-2027
      • Exhibit 97: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 98: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 99: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.12 Market opportunity by geography
      • Exhibit 101: Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 102: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 103: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 104: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 105: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 106: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 107: Matrix on vendor position and classification
            • 12.3 B. Braun SE
              • Exhibit 108: B. Braun SE - Overview
              • Exhibit 109: B. Braun SE - Business segments
              • Exhibit 110: B. Braun SE - Key news
              • Exhibit 111: B. Braun SE - Key offerings
              • Exhibit 112: B. Braun SE - Segment focus
            • 12.4 Becton Dickinson and Co.
              • Exhibit 113: Becton Dickinson and Co. - Overview
              • Exhibit 114: Becton Dickinson and Co. - Business segments
              • Exhibit 115: Becton Dickinson and Co. - Key news
              • Exhibit 116: Becton Dickinson and Co. - Key offerings
              • Exhibit 117: Becton Dickinson and Co. - Segment focus
            • 12.5 Cadence Inc.
              • Exhibit 118: Cadence Inc. - Overview
              • Exhibit 119: Cadence Inc. - Product / Service
              • Exhibit 120: Cadence Inc. - Key offerings
            • 12.6 Cardinal Health Inc.
              • Exhibit 121: Cardinal Health Inc. - Overview
              • Exhibit 122: Cardinal Health Inc. - Business segments
              • Exhibit 123: Cardinal Health Inc. - Key news
              • Exhibit 124: Cardinal Health Inc. - Key offerings
              • Exhibit 125: Cardinal Health Inc. - Segment focus
            • 12.7 Connecticut Hypodermics Inc.
              • Exhibit 126: Connecticut Hypodermics Inc. - Overview
              • Exhibit 127: Connecticut Hypodermics Inc. - Product / Service
              • Exhibit 128: Connecticut Hypodermics Inc. - Key offerings
            • 12.8 DeRoyal Industries Inc.
              • Exhibit 129: DeRoyal Industries Inc. - Overview
              • Exhibit 130: DeRoyal Industries Inc. - Product / Service
              • Exhibit 131: DeRoyal Industries Inc. - Key offerings
            • 12.9 EXELINT International Co.
              • Exhibit 132: EXELINT International Co. - Overview
              • Exhibit 133: EXELINT International Co. - Product / Service
              • Exhibit 134: EXELINT International Co. - Key offerings
            • 12.10 Hamilton Bonaduz AG
              • Exhibit 135: Hamilton Bonaduz AG - Overview
              • Exhibit 136: Hamilton Bonaduz AG - Product / Service
              • Exhibit 137: Hamilton Bonaduz AG - Key offerings
            • 12.11 Hindustan Syringes and Medical Devices Ltd.
              • Exhibit 138: Hindustan Syringes and Medical Devices Ltd. - Overview
              • Exhibit 139: Hindustan Syringes and Medical Devices Ltd. - Product / Service
              • Exhibit 140: Hindustan Syringes and Medical Devices Ltd. - Key offerings
            • 12.12 Medtronic Plc
              • Exhibit 141: Medtronic Plc - Overview
              • Exhibit 142: Medtronic Plc - Business segments
              • Exhibit 143: Medtronic Plc - Key news
              • Exhibit 144: Medtronic Plc - Key offerings
              • Exhibit 145: Medtronic Plc - Segment focus
            • 12.13 Nipro Medical Corp.
              • Exhibit 146: Nipro Medical Corp. - Overview
              • Exhibit 147: Nipro Medical Corp. - Product / Service
              • Exhibit 148: Nipro Medical Corp. - Key offerings
            • 12.14 Novo Nordisk AS
              • Exhibit 149: Novo Nordisk AS - Overview
              • Exhibit 150: Novo Nordisk AS - Business segments
              • Exhibit 151: Novo Nordisk AS - Key offerings
              • Exhibit 152: Novo Nordisk AS - Segment focus
            • 12.15 Retractable Technologies Inc.
              • Exhibit 153: Retractable Technologies Inc. - Overview
              • Exhibit 154: Retractable Technologies Inc. - Product / Service
              • Exhibit 155: Retractable Technologies Inc. - Key offerings
            • 12.16 Smiths Group Plc
              • Exhibit 156: Smiths Group Plc - Overview
              • Exhibit 157: Smiths Group Plc - Business segments
              • Exhibit 158: Smiths Group Plc - Key news
              • Exhibit 159: Smiths Group Plc - Key offerings
              • Exhibit 160: Smiths Group Plc - Segment focus
            • 12.17 Terumo Medical Corp.
              • Exhibit 161: Terumo Medical Corp. - Overview
              • Exhibit 162: Terumo Medical Corp. - Business segments
              • Exhibit 163: Terumo Medical Corp. - Key offerings
              • Exhibit 164: Terumo Medical Corp. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 165: Inclusions checklist
                • Exhibit 166: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 167: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 168: Research methodology
                • Exhibit 169: Validation techniques employed for market sizing
                • Exhibit 170: Information sources
              • 13.5 List of abbreviations
                • Exhibit 171: List of abbreviations

              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.

              INFORMATION 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

              DATA 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

              REPORT 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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              hypodermic needles market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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