The global needles market size was USD 6.91 Billion in 2022 and is expected to register a rapid revenue CAGR of 8.7% during the forecast period. Increasing number of hospitals and clinic in emerging countries and rising prevalence of chronic illnesses, such as cancer and diabetes, are key factors driving market revenue growth.
The latest research report by Emergen Research, named ‘Global Needles Market. The report provides a detailed outlook on how the pandemic has affected the key segments of the Needles Market industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Needles Market industry. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Needles Market
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Needles market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
Medtronic, Thermo Fisher Scientific Inc., Novo Nordisk A/S, Boston Scientific Corporation, Illumina, Inc., Bio-Rad Laboratories, Inc., QIAGEN, Abcam plc, Merck KgaA, Promega Corporation, Siemens, PerkinElmer, Inc., Shimadzu Corporation, Becton, Dickinson and Company, Stryker, Smiths Medical, Hilgenberg, Ethicon, Hamilton Company, and Terumo Corporation
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Emergen Research has segmented the global Needles market on the basis of type, application, end-use, and region:
Product Outlook (Revenue, USD Billion; 2019-2032)
- Suture Needles
- Blood Collection Needles
- Ophthalmic Needle
- Dental Needles
- Insufflation Needles
- Pen Needles
- Standard Needles
- Safety Needles
- Biopsy and Aspiration Needles
- Core Biopsy Needles
- Vacuum-assisted Biopsy Needles
- Others
Type Outlook (Revenue, USD Billion; 2019-2032)
- Conventional Needles
- Bevel Needles
- Blunt Fill Needles
- Vented Needles
- Filter Needles
- Safety Needles
- Active Needles
- Passive Needles
- Conventional Needles
Application Outlook (Revenue, USD Billion; 2019-2032)
- Diagnostic Application
- Therapeutics Application
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
- Analysis and estimation of the Needles Market size and share for the projected period of 2022-2030
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Needles Market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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