Global Safety Needles Strategic Market Report 2023-2030 - Growing Use of Self-Injection Devices and Legislations Curb Needle Stick Injuries Drive Demand
Wednesday, November 8, 2023
DUBLIN, Oct. 31, 2023 /PRNewswire/ -- The "Safety Needles - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
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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
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