What is Hypodermic Needles Market?
A hypodermic needle is a hollow needle commonly used with a syringe to inject substances into the body or extract samples from the body. These needles help in reducing contamination since its surface is very smooth and it is also very sharp that helps in creating a hole of a very small diameter. This needle is majorly operated by medical professionals such as dentists, paramedics, nurses, and physicians. These needles are made from stainless steel tubes and manufactured through a process called tube drawing.
The market study is being classified, by Application (Hospitals, ASCs and Homecare) and major geographies with country level break-up.
Medtronic (Ireland), Retractable Technologies, Inc. (United States), Becton, Dickinson and Company (United States), Terumo Medical Corporation (Japan), Smiths Medical, Inc. (United States), Albert David (India), DeRoyal (United States), Hindustan Syringes & Medical Devices Limited (India), Hi-Tech Syringes (India), International Medsurg Connection (United States), Medline Industries, Inc. (United States), Nipro Medical Corporation (Japan) and Unilife Corporation (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Vita Needle Company (United States) and Vygon SA (France).
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Hypodermic Needles market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Hypodermic Needles market by Type, Application and Region.
On the basis of geography, the market of Hypodermic Needles has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increased Applications of Hypodermic Needles as Its Rapid Delivery
- Rise in the Number of Hospitals and Clinics
- Robust Increase in the Distribution Channels
- High Cost of the Hypodermic Needles compared to Other Needles
- Growth in the Healthcare Industry
- Development of Healthcare Infrastructure in Emerging Economies
- Lack of Reusability of the Hypodermic Needles
Key Target AudienceHypodermic Needles Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies, Research Professionals and End-users
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