(
EMAILWIRE.COM, August 29, 2017 ) The
Global Needles Market was worth USD 5.38 billion in 2016 and estimated to be growing at a CAGR of 7.7%, to reach USD 7.8 billion by 2021. The market is showing high growth potential in the mentioned period. It will continue to expand with the recent developments in the Pharmaceutical industry.
Browse market data tables and in-depth TOC of the Global Needles Market to 2021 @
http://www.marketdataforecast.com/market-reports/global-needles-market-2801/Needles are the sterile devices which help in injecting solutions in the human body. Needles are hollow metal tube with a pointed tip and are also used to separate different types of body fluids, like tissues from swollen parts and blood from veins. A needle comes with a syringe, which is made from either glass or plastic and is shaped in the form of a cylinder with a piston at one end and an opening which holds the needle.
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http://www.marketdataforecast.com/market-reports/global-needles-market-2801/request-sampleIncreasing instances of chronic diseases, rising geriatric population and advancement in technology of needle based drug delivery are the major driving forces for the global needles market. However, high risk associated with drug delivery by syringes and needles hamper the growth of the global needles market. Moreover, increased risk of needle stick injuries and availability of alternatives also hampers the growth of global syringes and needles market.
Global Needles Market Segmentation:
o Type
Introduction
Conventional Needles
Bevel Needles
Filter Needles
Vented Needles
Safety Needles
Active needles
Passive Needles
Y-o-Y Growth Analysis, By Type
Market Attractiveness Analysis, By Type
Market Share Analysis, By Type
o Product
Introduction
Suture Needles
Blood Collection Needles
Ophthalmic Needles
Dental Needles
Insufflation Needles
Pen Needles
Other Needles
Y-o-Y Growth Analysis, By Product
Market Attractiveness Analysis, By Product
Market Share Analysis, By Product
o Delivery Mode
Introduction
Hypodermic Needles
Intravenous Needles
Intramuscular Needles
Intraperitoneal Needles
Y-o-Y Growth Analysis, By Delivery Mode
Market Attractiveness Analysis, By Delivery Mode
Market Share Analysis, By Delivery Mode
o Material
Introduction
Stainless Steel Needles
Plastic Needles
Glass Needles
PEEK Needles
Y-o-Y Growth Analysis, By Material
Market Attractiveness Analysis, By Material
Market Share Analysis, By Material
o End User
Hospitals & Clinics
Diagnostic Centers
Home Healthcare
Other End Users
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http://www.marketdataforecast.com/market-reports/global-needles-market-2801/request-discountOn the basis of region the global market is segmented into North America, Asia-Pacific, Europe, Latin America and Middle-East and Africa. North America and Europe dominate the global needles market. This is because of different types of government legislative reforms. However, Asia-pacific is expected to grow at the highest CAGR in the forecasting period of global needles market because of increasing geriatric population.
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http://www.marketdataforecast.com/market-reports/global-needles-market-2801/inquireSome of the major competitors dominating the global needles market are Becton, Dickinson and Company, B. Braun Melsungen AG, Terumo Corporation and Smiths Medical, Terumo Corporation, Smiths Medical, and Thermo Fisher Scientific.
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