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Hypodermic Syringes & Needles Market Share

Report ID: GMI5556
Published Date: Apr 2023
Report Format: PDF

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Hypodermic Syringes & Needles Market Share

B. Braun
Smiths Medical (ICU Medical)
Melsungen AG
Cardinal Health Inc
Becton Dickinson & Company
Terumo Corporation
Lifelong Meditech Private Limited
Nipro Corporation
Retractable Technologies
McKesson Corporation
Connecticut Hypodermics In
Medline Industries Inc
Exelint International
Vita Needle Company
Vitrex Medical A/S,
Hi-Tech Syringes Pvt Ltd.

are some of the key participants involved in the hypodermic syringes & needles industry. These firms engage in a range of strategic collaborations and mergers to stay ahead in the competitive landscape.

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Global market size for hypodermic syringes & needles was valued at more than USD 6.5 billion in 2022 and is primed to progress at 3% CAGR between 2023 and 2032 propelled by the increasing burden of chronic conditions and infectious diseases.

The needles segment accounted for nearly 53% market share in 2022 as a result of the emergence of vaccination campaigns and their surging use in medical procedure that incorporates hypodermic needles.

Hospitals end-use segment is anticipated to garner a value of more than USD 5 billion by the end of 2032 owing to ongoing advancements in medical technology, increased awareness regarding infection control, and the need for accurate and precise medication administration.

North America hypodermic syringes & needles growth is slated to surpass a valuation of USD 2.5 billion by 2032 on account of the booming prevalence of cardiovascular diseases, mounting cases of diabetes, and frequent novel product launches, especially in the U.S.