Your Catalyst To a Lucrative Business Hypodermic Needles Market Analysis, Size, Share, Growth, Industry Trends and Forecasts to 2024 - Hexa Research " The global hypodermic needles market was estimated at USD 2,568.7 million in 2016. The primary factors attributing to market growth is the implementation of stringent regulations by several governments to confine needlestick injuries." 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 checkups 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. Browse Details of Report @ https://www.hexaresearch.com/research-report/hypodermic-needles-market Follow Us: Your Catalyst To a Lucrative Business 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 type 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. 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 • Middle East & Africa Follow Us: Your Catalyst To a Lucrative Business Key players analyzed: • Becton, Dickinson, and Company • Medtronic • Retractable Technologies • Terumo Medical Corporation • Smiths Medical Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/medicaldevices-industry Follow Us: Your Catalyst To a Lucrative Business Table of Content of Hypodermic Needles 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) Follow Us: Your Catalyst To a Lucrative Business 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) Follow Us: Your Catalyst To a Lucrative Business 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 Follow Us: Your Catalyst To a Lucrative Business 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. 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The primary factors attributing to market growth is the implementation of stringent regulations by several governments to confine needlestick injuries.
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