Dublin, Oct. 17, 2023 (GLOBE NEWSWIRE) -- The "Hypodermic Needles: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Hypodermic Needles estimated at US$4.2 Billion in the year 2022, is projected to reach a revised size of US$5.9 Billion by 2030, growing at a CAGR of 4.1% over the analysis period 2022-2030.
Safety Needles, one of the segments analyzed in the report, is projected to record 4.8% CAGR and reach US$3.6 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Non-Safety Needles segment is readjusted to a revised 3.2% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 7.1% CAGR
The Hypodermic Needles market in the U.S. is estimated at US$1.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.2 Billion by the year 2030 trailing a CAGR of 7.1% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.1% and 4.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.1% CAGR.
Select Competitors (Total 42 Featured) -
- Albert David
- B. Braun Melsungen AG
- Becton
- Catalent, Inc.
- Connecticut Hypodermics, Inc.
- DeRoyal
- Dickinson And Company
- EXELINT International Co.
- Hindustan Syringes & Medical Devices Limited
- Hi-Tech Syringes
- International Medsurg Connection
- Medline Industries, Inc.
- MedPro Safety Products, Inc.
- Medtronic plc
- Nipro Medical Corporation
- Retractable Technologies, Inc.
- Smiths Group plc
- Terumo Medical Corporation
- Unilife Corporation
- Vita Needle Company
- Vygon
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 93 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $4.2 Billion |
| Forecasted Market Value (USD) by 2030 | $5.9 Billion |
| Compound Annual Growth Rate | 4.3% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Hypodermic Needles - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/fkhsbh
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