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Report
Hypodermic Needles Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-06-14 I 139 Pages I IMARC Group
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?
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
9.2 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
9.3 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
9.4 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
9.5 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
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
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
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