PUBLISHER: IMARC | PRODUCT CODE: 1298703
PUBLISHER: IMARC | PRODUCT CODE: 1298703
Hypodermic Needles Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global hypodermic needles market size reached US$ 2.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.1 Billion by 2028, exhibiting a growth rate (CAGR) of 6.9% during 2023-2028.
Hypodermic needles refer to thin, hollow needles used with a syringe to inject substances into the body. They also assist in extracting fluids from the body, such as taking a blood sample from a vein in venipuncture. They are typically manufactured using stainless-steel tubes through the tube drawing process. Hypodermic needles can also be utilized to provide medications that cannot be ingested orally because they cannot be absorbed easily (like insulin) or potentially harm the patient's liver. Moreover, they have an extremely smooth and sharp surface which prevents and minimizes contamination during inoculation of a sterile substrate. As a result, hypodermic needles find extensive applications in the healthcare sector and research environments requiring sterile conditions.
Hypodermic Needles Market Trends:
Hypodermic needles are widely used by medical professionals, physicians, dentists, and paramedics for rapid intradermal delivery of liquids in case of emergencies, vaccination, administration of drugs, and blood sample collection, which represents the primary factor driving the market growth. Additionally, the widespread prevalence of infections and chronic diseases, such as cancer, diabetes, and cardiovascular disorders, has escalated the demand for vaccines and injectable drugs. Along with this, the ongoing vaccination campaigns to curb the spread of coronavirus disease (COVID-19) across the globe are catalyzing the demand for hypodermic needles. Besides this, the implementation of stringent regulations by governments of various countries that mandate the use of safety needles to prevent needle re-usage and mitigate the risk of infections is propelling the market growth. Furthermore, several leading manufacturers are developing precision-engineered hypodermic needles to enhance patient comfort in parenteral therapies and reduce penetration resistance. They are also making heavy investments in automated systems for inspection and testing processes to meet the quality standards and ensure the safe administration of medications. Other factors, including the growing need to prevent needle-stick injuries, surging cases of blood-borne diseases, increasing blood donations, improving healthcare infrastructure, and technological advancements, are also creating a favorable market outlook.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global hypodermic needles market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, application and end user.
Breakup by Product Type:
Safety Hypodermic Needles
Non-Safety Hypodermic Needles
Breakup by Application:
Drug Delivery
Vaccination
Blood Specimen Collection
Breakup by End User:
Hospitals and Clinics
Ambulatory Surgical Centers
Diabetic Patients
Family Practices
Psychiatrics
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being B. Braun Melsungen AG, Becton Dickinson and Company, Cardinal Health Inc., Connecticut Hypodermics Inc., EXELINT International Co., Hi-Tech Syringes, McKesson Corporation, Medline Industries LP, Nipro Corporation, Retractable Technologies Inc., Smiths Medical Inc. (ICU Medical Inc.) and Terumo Corporation.
Report Coverage:
Key Questions Answered in This Report:
- How has the global hypodermic needles market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global hypodermic needles market?
- What are the key regional markets?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global hypodermic needles market and who are the key players?
- What is the degree of competition in the industry?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Hypodermic Needles Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product Type
- 6.1 Safety Hypodermic Needles
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Non-Safety Hypodermic Needles
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Application
- 7.1 Drug Delivery
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Vaccination
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Blood Specimen Collection
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by End User
- 8.1 Hospitals and Clinics
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Ambulatory Surgical Centers
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Diabetic Patients
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Family Practices
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Psychiatrics
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 8.6 Others
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 B. Braun Melsungen AG
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 SWOT Analysis
- 14.3.2 Becton Dickinson and Company
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.2.4 SWOT Analysis
- 14.3.3 Cardinal Health Inc.
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.3.4 SWOT Analysis
- 14.3.4 Connecticut Hypodermics Inc.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 EXELINT International Co.
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 Hi-Tech Syringes
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.7 McKesson Corporation
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.7.4 SWOT Analysis
- 14.3.8 Medline Industries LP
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 SWOT Analysis
- 14.3.9 Nipro Corporation
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.9.4 SWOT Analysis
- 14.3.10 Retractable Technologies Inc.
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.11 Smiths Medical Inc. (ICU Medical Inc.)
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 SWOT Analysis
- 14.3.12 Terumo Corporation
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.12.3 Financials
- 14.3.12.4 SWOT Analysis
- 14.3.1 B. Braun Melsungen AG
List of Figures
- Figure 1: Global: Hypodermic Needles Market: Major Drivers and Challenges
- Figure 2: Global: Hypodermic Needles Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Hypodermic Needles Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Hypodermic Needles Market: Breakup by Product Type (in %), 2022
- Figure 5: Global: Hypodermic Needles Market: Breakup by Application (in %), 2022
- Figure 6: Global: Hypodermic Needles Market: Breakup by End User (in %), 2022
- Figure 7: Global: Hypodermic Needles Market: Breakup by Region (in %), 2022
- Figure 8: Global: Hypodermic Needles (Safety Hypodermic Needles) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Hypodermic Needles (Safety Hypodermic Needles) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Hypodermic Needles (Non-Safety Hypodermic Needles) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Hypodermic Needles (Non-Safety Hypodermic Needles) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Hypodermic Needles (Drug Delivery) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Hypodermic Needles (Drug Delivery) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Hypodermic Needles (Vaccination) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Hypodermic Needles (Vaccination) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Hypodermic Needles (Blood Specimen Collection) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Hypodermic Needles (Blood Specimen Collection) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Hypodermic Needles (Hospitals and Clinics) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Hypodermic Needles (Hospitals and Clinics) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Hypodermic Needles (Ambulatory Surgical Centers) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Hypodermic Needles (Ambulatory Surgical Centers) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Hypodermic Needles (Diabetic Patients) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Hypodermic Needles (Diabetic Patients) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Hypodermic Needles (Family Practices) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Hypodermic Needles (Family Practices) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: Hypodermic Needles (Psychiatrics) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: Hypodermic Needles (Psychiatrics) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Global: Hypodermic Needles (Other End Users) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Global: Hypodermic Needles (Other End Users) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: North America: Hypodermic Needles Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: North America: Hypodermic Needles Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: United States: Hypodermic Needles Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: United States: Hypodermic Needles Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: Canada: Hypodermic Needles Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: Canada: Hypodermic Needles Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: Asia-Pacific: Hypodermic Needles Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: Asia-Pacific: Hypodermic Needles Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: China: Hypodermic Needles Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: China: Hypodermic Needles Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: Japan: Hypodermic Needles Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: Japan: Hypodermic Needles Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: India: Hypodermic Needles Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: India: Hypodermic Needles Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: South Korea: Hypodermic Needles Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: South Korea: Hypodermic Needles Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Australia: Hypodermic Needles Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Australia: Hypodermic Needles Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Indonesia: Hypodermic Needles Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Indonesia: Hypodermic Needles Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: Others: Hypodermic Needles Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: Others: Hypodermic Needles Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: Europe: Hypodermic Needles Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: Europe: Hypodermic Needles Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Germany: Hypodermic Needles Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Germany: Hypodermic Needles Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: France: Hypodermic Needles Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: France: Hypodermic Needles Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: United Kingdom: Hypodermic Needles Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: United Kingdom: Hypodermic Needles Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Italy: Hypodermic Needles Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Italy: Hypodermic Needles Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Spain: Hypodermic Needles Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Spain: Hypodermic Needles Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Russia: Hypodermic Needles Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Russia: Hypodermic Needles Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Others: Hypodermic Needles Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Others: Hypodermic Needles Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Latin America: Hypodermic Needles Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Latin America: Hypodermic Needles Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Brazil: Hypodermic Needles Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Brazil: Hypodermic Needles Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Mexico: Hypodermic Needles Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Mexico: Hypodermic Needles Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: Others: Hypodermic Needles Market: Sales Value (in Million US$), 2017 & 2022
- Figure 75: Others: Hypodermic Needles Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 76: Middle East and Africa: Hypodermic Needles Market: Sales Value (in Million US$), 2017 & 2022
- Figure 77: Middle East and Africa: Hypodermic Needles Market: Breakup by Country (in %), 2022
- Figure 78: Middle East and Africa: Hypodermic Needles Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 79: Global: Hypodermic Needles Industry: SWOT Analysis
- Figure 80: Global: Hypodermic Needles Industry: Value Chain Analysis
- Figure 81: Global: Hypodermic Needles Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Hypodermic Needles Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Hypodermic Needles Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
- Table 3: Global: Hypodermic Needles Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 4: Global: Hypodermic Needles Market Forecast: Breakup by End User (in Million US$), 2023-2028
- Table 5: Global: Hypodermic Needles Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Hypodermic Needles Market: Competitive Structure
- Table 7: Global: Hypodermic Needles Market: Key Players
