DUBLIN, Oct. 31, 2023 /PRNewswire/ — The “Safety Needles – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
Global Safety Needles Market to Reach $4.3 Billion by 2030
The global market for Safety Needles estimated at US$2.5 Billion in the year 2022, is projected to reach a revised size of US$4.3 Billion by 2030, growing at a CAGR of 6.9% over the analysis period 2022-2030.
Active, one of the segments analyzed in the report, is projected to record 7.3% CAGR and reach US$3.2 Billion by the end of the analysis period. Growth in the Passive segment is estimated at 5.7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $664.1 Million, While China is Forecast to Grow at 10.3% CAGR
The Safety Needles market in the U.S. is estimated at US$664.1 Million in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$1 Billion by the year 2030 trailing a CAGR of 10.3% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.6% and 6.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.
What’s New?
Special discussions on the global economic climate and market sentiment
Coverage on global competitiveness and key competitor percentage market shares
Market presence analysis across multiple geographies – Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and trademarked research platform
Complimentary updates for one year
Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
MARKET OVERVIEW
Impact of COVID-19 on Safety Needles Market
Competition
Safety Needles – Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Needles: A Prelude
Types of Needles
A Prelude to Safety Needles
Global Market Overview
Global Safety Needles Market Set to Grow
Active Safety Needles Account for a Major Share
Hospitals and Ambulatory Surgery Centers
US and Europe Dominate the Market, Asia-Pacific to Witness Fastest Growth
Recent Market Activity
WORLD BRANDS
MARKET TRENDS & DRIVERS
Legislations Curb Needle Stick Injuries Drive Demand for Safety Syringes and Needles
Rising Incidence of Hospital Acquired Infections Propels Demand for Safety Needles
Leading Nosocomial Infections in the US: Percentage Breakdown of Healthcare Cost from Leading Five Infections
Rise in Number of Surgeries Buoys Growth
Global Volume of Surgical Procedures (in Million) by Category: 2019
Growth in the Number of Surgeries in the US (2010-2020) and 2001-2010 (in %)
Number of Surgical Procedures (per 100,000 People) in Select Countries
Innovation Helps in Improving Trust for Safety Pen Needles
Growing Use of Self-Injection Devices to Boost Growth
Needle-Free Innovations to Make Hypodermic Needles Go into Oblivion
Needleless Systems Pose Threat to Traditional Syringes
Increased Demand for Use of Safety Needles & Insulin Pens in Hospital Settings
MACRO GROWTH DRIVERS
Consistent Rise in Healthcare Spending Worldwide to Drive Market Opportunities
Aging Population and Growing Number of Surgical Procedures Spur Demand
Growing Prevalence of Chronic Diseases Drive the Demand for Safety Needles
Fatalities by Heart Conditions: Estimated Percentage Breakdown for Cardiovascular Disease, Ischemic Heart Disease, Stroke, and Others
FOCUS ON SELECT PLAYERS (Total 101 Featured)
Advin Health Care
B. Braun Melsungen AG
Becton, Dickinson and Company
Boston Scientific Corporation
Cardinal Health, Inc.
Argon Medical Devices, Inc.
A. Menarini Diagnostics Srl
Allison Medical, Inc.
Axel Bio Corporation, Inc.
Cambridge Sensors Ltd.
Bionic Medizintechnik GmbH
AdvaCare Pharma
Berpu Medical Technology Co., Ltd.
ANHUI KANGDA MEDICAL PRODUCTS CO., LTD.
AYSET TIBBI URUNLER SAN. A.S.
For more information about this report visit https://www.researchandmarkets.com/r/214b2q
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
SOURCE Research and Markets