The global needles for medical purposes industry market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 2.2 billion by 2030. The growth of this market is driven by factors such as increasing prevalence of chronic diseases and rising demand for minimally invasive procedures.
The global needles for medical purposes industry market is segmented on the basis of type, application, and region. On the basis of type, it is classified into stainless steel needles, plastic needles, glass needles, and PEEK (polyetheretherketone) needles; on the basis of application it is classified into hospitals & clinics and diagnostic centers; on the basis of region it includes North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) and Middle East & Africa (MEA).
- The global population is increasing and the number of people with diabetes is also increasing.
- The global population is aging, which means that more people are living with chronic conditions such as diabetes, which require regular injections of insulin or other medications.
- There has been a shift in the way healthcare providers are treating patients, moving away from hospital-based care to home-based care and self-care for many conditions, including diabetes management.
- There has been an increase in the number of people who have access to medical insurance coverage through their employers or government programs such as Medicare and Medicaid in recent years due to changes in legislation and policy reforms that have expanded coverage for these populations.
- The cost of needles has decreased over time due to technological advances.
Industry Growth Insights published a new data on “Needles for Medical Purposes Industry Market”. The research report is titled “Needles for Medical Purposes Industry Market research by Types (Stainless Steel Needles, Plastic Needles, Glass Needles, PEEK Needles), By Applications (Hospitals & Clinics, Diagnostic Centers, Home Healthcare, Others), By Players/Companies Hamilton Company, Medtronic PLC, Becton, Dickinson and Company, B. Braun Melsungen AG, Stryker Corporation, Ethicon, Inc. (Subsidiary of Johnson and Johnson), Boston Scientific Corporation, Unimed SA, Novo Nordisk A/S, Terumo Corporation, Olympus Corporation, Smiths Medical, Nipro Corporation, Sigma-Aldrich (Subsidiary of Merck KGaA), Thermo Fisher Scientific Inc.”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Needles for Medical Purposes Industry Market Research Report
By Type
Stainless Steel Needles, Plastic Needles, Glass Needles, PEEK Needles
By Application
Hospitals & Clinics, Diagnostic Centers, Home Healthcare, Others
By Companies
Hamilton Company, Medtronic PLC, Becton, Dickinson and Company, B. Braun Melsungen AG, Stryker Corporation, Ethicon, Inc. (Subsidiary of Johnson and Johnson), Boston Scientific Corporation, Unimed SA, Novo Nordisk A/S, Terumo Corporation, Olympus Corporation, Smiths Medical, Nipro Corporation, Sigma-Aldrich (Subsidiary of Merck KGaA), Thermo Fisher Scientific Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Needles for Medical Purposes Industry Market Report Segments:
The global Needles for Medical Purposes Industry market is segmented on the basis of:
Types
Stainless Steel Needles, Plastic Needles, Glass Needles, PEEK Needles
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals & Clinics, Diagnostic Centers, Home Healthcare, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hamilton Company
- Medtronic PLC
- Becton, Dickinson and Company
- B. Braun Melsungen AG
- Stryker Corporation
- Ethicon, Inc. (Subsidiary of Johnson and Johnson)
- Boston Scientific Corporation
- Unimed SA
- Novo Nordisk A/S
- Terumo Corporation
- Olympus Corporation
- Smiths Medical
- Nipro Corporation
- Sigma-Aldrich (Subsidiary of Merck KGaA)
- Thermo Fisher Scientific Inc.
Highlights of The Needles for Medical Purposes Industry Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Stainless Steel Needles
- Plastic Needles
- Glass Needles
- PEEK Needles
- By Application:
- Hospitals & Clinics
- Diagnostic Centers
- Home Healthcare
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Needles for Medical Purposes Industry Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
The needles for medical purposes industry is a $10.5 billion global market that employs over 1.2 million people, according to the latest report from MarketsandMarkets. The industry is expected to grow at a CAGR of 7% through 2020, reaching $13.8 billion by then.
Some of the key players operating in the needles for medical purposes industry market are Hamilton Company, Medtronic PLC, Becton, Dickinson and Company, B. Braun Melsungen AG, Stryker Corporation, Ethicon, Inc. (Subsidiary of Johnson and Johnson), Boston Scientific Corporation, Unimed SA, Novo Nordisk A/S, Terumo Corporation, Olympus Corporation, Smiths Medical, Nipro Corporation, Sigma-Aldrich (Subsidiary of Merck KGaA), Thermo Fisher Scientific Inc..
The needles for medical purposes industry market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Needles for Medical Purposes Industry Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Needles for Medical Purposes Industry Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Needles for Medical Purposes Industry Market - Supply Chain
4.5. Global Needles for Medical Purposes Industry Market Forecast
4.5.1. Needles for Medical Purposes Industry Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Needles for Medical Purposes Industry Market Size (000 Units) and Y-o-Y Growth
4.5.3. Needles for Medical Purposes Industry Market Absolute $ Opportunity
5. Global Needles for Medical Purposes Industry Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Needles for Medical Purposes Industry Market Size and Volume Forecast by Type
5.3.1. Stainless Steel Needles
5.3.2. Plastic Needles
5.3.3. Glass Needles
5.3.4. PEEK Needles
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Needles for Medical Purposes Industry Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Needles for Medical Purposes Industry Market Size and Volume Forecast by Application
6.3.1. Hospitals & Clinics
6.3.2. Diagnostic Centers
6.3.3. Home Healthcare
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Needles for Medical Purposes Industry Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Needles for Medical Purposes Industry Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Needles for Medical Purposes Industry Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Needles for Medical Purposes Industry Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Needles for Medical Purposes Industry Demand Share Forecast, 2019-2026
9. North America Needles for Medical Purposes Industry Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Needles for Medical Purposes Industry Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Needles for Medical Purposes Industry Market Size and Volume Forecast by Application
9.4.1. Hospitals & Clinics
9.4.2. Diagnostic Centers
9.4.3. Home Healthcare
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Needles for Medical Purposes Industry Market Size and Volume Forecast by Type
9.7.1. Stainless Steel Needles
9.7.2. Plastic Needles
9.7.3. Glass Needles
9.7.4. PEEK Needles
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Needles for Medical Purposes Industry Demand Share Forecast, 2019-2026
10. Latin America Needles for Medical Purposes Industry Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Needles for Medical Purposes Industry Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Needles for Medical Purposes Industry Market Size and Volume Forecast by Application
10.4.1. Hospitals & Clinics
10.4.2. Diagnostic Centers
10.4.3. Home Healthcare
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Needles for Medical Purposes Industry Market Size and Volume Forecast by Type
10.7.1. Stainless Steel Needles
10.7.2. Plastic Needles
10.7.3. Glass Needles
10.7.4. PEEK Needles
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Needles for Medical Purposes Industry Demand Share Forecast, 2019-2026
11. Europe Needles for Medical Purposes Industry Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Needles for Medical Purposes Industry Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Needles for Medical Purposes Industry Market Size and Volume Forecast by Application
11.4.1. Hospitals & Clinics
11.4.2. Diagnostic Centers
11.4.3. Home Healthcare
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Needles for Medical Purposes Industry Market Size and Volume Forecast by Type
11.7.1. Stainless Steel Needles
11.7.2. Plastic Needles
11.7.3. Glass Needles
11.7.4. PEEK Needles
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Needles for Medical Purposes Industry Demand Share, 2019-2026
12. Asia Pacific Needles for Medical Purposes Industry Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Needles for Medical Purposes Industry Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Needles for Medical Purposes Industry Market Size and Volume Forecast by Application
12.4.1. Hospitals & Clinics
12.4.2. Diagnostic Centers
12.4.3. Home Healthcare
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Needles for Medical Purposes Industry Market Size and Volume Forecast by Type
12.7.1. Stainless Steel Needles
12.7.2. Plastic Needles
12.7.3. Glass Needles
12.7.4. PEEK Needles
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Needles for Medical Purposes Industry Demand Share, 2019-2026
13. Middle East & Africa Needles for Medical Purposes Industry Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Needles for Medical Purposes Industry Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Needles for Medical Purposes Industry Market Size and Volume Forecast by Application
13.4.1. Hospitals & Clinics
13.4.2. Diagnostic Centers
13.4.3. Home Healthcare
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Needles for Medical Purposes Industry Market Size and Volume Forecast by Type
13.7.1. Stainless Steel Needles
13.7.2. Plastic Needles
13.7.3. Glass Needles
13.7.4. PEEK Needles
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Needles for Medical Purposes Industry Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Needles for Medical Purposes Industry Market: Market Share Analysis
14.2. Needles for Medical Purposes Industry Distributors and Customers
14.3. Needles for Medical Purposes Industry Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Hamilton Company
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Medtronic PLC
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Becton, Dickinson and Company
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. B. Braun Melsungen AG
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Stryker Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Ethicon, Inc. (Subsidiary of Johnson and Johnson)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Boston Scientific Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Unimed SA
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Novo Nordisk A/S
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Terumo Corporation
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Olympus Corporation
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Smiths Medical
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Nipro Corporation
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Sigma-Aldrich (Subsidiary of Merck KGaA)
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Thermo Fisher Scientific Inc.
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
