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Hypodermic Syringes & Needles Market Share
- Report ID: GMI5556
- Published Date: Apr 2023
- Report Format: PDF
Hypodermic Syringes & Needles Market Share
- B. Braun
- Smiths Medical (ICU Medical)
- Melsungen AG
- Cardinal Health Inc
- Becton Dickinson & Company
- Terumo Corporation
- Lifelong Meditech Private Limited
- Nipro Corporation
- Retractable Technologies
- McKesson Corporation
- Connecticut Hypodermics In
- Medline Industries Inc
- Exelint International
- Vita Needle Company
- Vitrex Medical A/S,
- Hi-Tech Syringes Pvt Ltd.
are some of the key participants involved in the hypodermic syringes & needles industry. These firms engage in a range of strategic collaborations and mergers to stay ahead in the competitive landscape.
Frequently Asked Questions (FAQ) :
Global market size for hypodermic syringes & needles was valued at more than USD 6.5 billion in 2022 and is primed to progress at 3% CAGR between 2023 and 2032 propelled by the increasing burden of chronic conditions and infectious diseases.
The needles segment accounted for nearly 53% market share in 2022 as a result of the emergence of vaccination campaigns and their surging use in medical procedure that incorporates hypodermic needles.
Hospitals end-use segment is anticipated to garner a value of more than USD 5 billion by the end of 2032 owing to ongoing advancements in medical technology, increased awareness regarding infection control, and the need for accurate and precise medication administration.
North America hypodermic syringes & needles growth is slated to surpass a valuation of USD 2.5 billion by 2032 on account of the booming prevalence of cardiovascular diseases, mounting cases of diabetes, and frequent novel product launches, especially in the U.S.
Hypodermic Syringes & Needles Market Scope
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