Global Hypodermic Needles Market by Product Type (Safety Needles, Non-Safety Needles), By Application (Drug Delivery, Vaccination, Blood Specimen Collection), By End Use (Diagnostic Centers, Hospitals, Home Health Care, Other End-Use), and By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021–2031

Market.US announces publication of its most recently generated research report titled, “Global Hypodermic Needles Market by Product Type (Safety Needles, Non-Safety Needles), By Application (Drug Delivery, Vaccination, Blood Specimen Collection), By End-Use (Diagnostic Centers, Hospitals, Home Health Care, Other End-Use), and by Region – Global Forecast to 2030”, which offers a holistic view of the global hypodermic needles market through systematic segmentation that covers every aspect of the target market.

The global hypodermic needles market is projected to be US$ 2,673.2 Mn in 2020 to reach US$ 6,027.2 Mn by 2030 at a CAGR of 8.7%.

A hypodermic needle is of hollow shape which is attached with a syringe and typically used to inject drug or substances into the body or extract fluids from body. A hypodermic needle offers rapid delivery of liquids into body. They are also used to take liquid samples from the body, such as blood from a radial artery puncture or vein, etc. They are commercially available in various types and sizes, such as thin wall needles, sterile hypodermic needles, pen needles, insulin needles and winged needles. Hypodermic Needle are commercially available in soft or rigid pack with polypropylene or aluminum hubs.

The hypodermic needle was invented by Mr. Charles Gabriel Pravaz – a Frenchman and Mr. Alexander Wood – an Englishman in 1853. After that, these hypodermic needles have been extensively used in the medical and healthcare sector. Hypodermic needles have several features such as single-handed activation, safety mechanism, double-locking mechanism, lower-angle injections, easy positioned safety arm, compatible with all standard luer lock and luer slip-tip syringes, and has ISO color code identification. Hypodermic needles of particular sizes are chosen to administer insulin, drugs, vaccinations and other substances or extracting fluids and tissues.

One of the smallest pieces of medical equipment used in numerous hospitals, pharmacies, and clinics is a hypodermic needle. Hypodermic line of needles is sharp, tri-beveled stainless steel needles with a non-coring design. These needles are completely designed for penetrating through skin and blood. The patient will feel less pain and less damage is caused to vessel or vein. They might be used to take liquid samples from the body. Large-bore hypodermic intervention is specifically useful in treating catastrophic blood loss or shock. Hypodermic needles are highly utilized owing to the low risk of infection or contamination.
Global Hypodermic Needles Market Revenue (US$ Mn), 2020–2030

Growing prevalence of blood-borne diseases such as Hepatitis C (HCV), Hepatitis B (HBV), and Human Immunodeficiency Virus (HIV), etc. is one of the crucial factors which is anticipated to bolster the growth of the global hypodermic needles market. These diseases can spread through contamination by blood and other body fluids. These viruses can enter into blood in the form of microorganisms, such as parasites and bacteria, and non-living infectious agents such as viruses. Sharing a needle or syringe to inject any substance might upsurge the risk of diseases. Henceforth, the demand for a single-use hypodermic needle owing to less pain and less vein damage is growing at a higher pace.

Growing number of geriatric population along with rising prevalence of chronic and lifestyle diseases, results in rising patient pool and hospitalization over the forecast period. This is a factor anticipated to bolster the growth of the global hypodermic needles market.

Stringent regulation and standard by government in several developed and developing countries for hypodermic needle, syringes, and other such instruments is a significant factor that can negatively impact on the growth of global hypodermic needles market.
Global Hypodermic Needles Market Attractiveness Analysis by Product Type,2021–2030

The research report on the global hypodermic needles market includes profiles of some of the major companies such as Beaver-Medtronic plc (Covidien Plc.), Becton, Dickinson and Company, Medline Industries, Inc., B. Braun Melsungen AG., Terumo Corporation, Nipro Corp., Retractable Technologies, Inc., The Smith Group Inc., EXELINT International Co., and Vitrex Medical A / S.

Segmentation of the Global Hypodermic Needles Market:

Segmentation by Product Type:

• Safety Needles
• Non-Safety Needles

Segmentation by Application:

• Drug Delivery
• Vaccination
• Blood Specimen Collection

Segmentation by End-Use

• Home Health Care
• Other End-Use

Segmentation by Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key players profiled in the market report are:

• Medline Industries Inc
• B. Braun Melsungen AG
• Terumo Corporation
• Nipro Corp
• Retractable Technologies Inc
• The Smith Group Inc
• EXELINT International Co
• Vitrex Medical A / S

For the Hypodermic Needles Market research study, the following years have been considered to estimate the market size: