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Global Needles Market Forecast Until 2024|Major Players Are Owen Mumford Ltd., HTL-STREFA S.A., B. Braun Melsungen, Terumo Corporation, ulti med Products GmbH, Allison Medical, Inc., Artsana S.p.A.& Others

The Global Needles Market was thriving with USD 5.3 billion in 2016 and is expected to grow at a CAGR of 8.10% during the forecast period of 2017 to 2024.  The upcoming market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Needles market research report comprises of several parameters which are thoroughly studied by the experts. To generate the best market research report, a range of objectives of the marketing research are required to be kept in mind. With needles market report it becomes simpler for customers to understand the various drivers and restraints impacting the market during the forecast period. Businesses can rely upon this top-notch market report to accomplish an utter success. Needles market research report helps to provide such market insights by considering all the aspects of current and future market.

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In this needles report, market segmentation study covers research and analysis which is based on numerous market and industry segments such as application, vertical, deployment model, end user, and geography. Whereas competitive analysis studies of this market report provides ideas about the strategies of key players in the market. Some of the competitor strategies can be mentioned here as new product launches, expansions, agreements, partnerships, joint ventures, and acquisitions. Besides, the market share of major competitors on global level is also studied where key areas such as Europe, North America, Asia Pacific and South America are taken into account in this needles market research report.

Major Market Competitors/Players: Global Needles Market

Some of the major players operating in the global medical device reprocessing market are Becton, Dickinson and Company, Novo Nordisk A/S, Ypsomed, Owen Mumford Ltd., HTL-STREFA S.A., B. Braun Melsungen, Terumo Corporation, ulti med Products GmbH, Allison Medical, Inc., Artsana S.p.A., Thermo Fisher Scientific, Smiths Medical, Boston Scientific Corporation, Hamilton Company, Abbott, CONMED Corporation, Johnson & Johnson Inc., Medtronic, Retractable Technologies, Inc., Revolutions Medical Corporation, Smith & Nephew, and UNILIFE CORPORATION, among others.

Major Market Drivers and Restraints:

Increasing number of blood donations

Rising number of geriatric population

Increasing number of chronic diseases

Lack of skilled physicians

High cost associated with endosurgical procedures

Needle anxiety

Table of Contents

1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography

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Segmentation: Global Needles Market

The global needles market is segmented based on type, product type, material, delivery mode, end user, distribution channel, and geography.

Based on type, the global-needles market is segmented into conventional and safety needles. Conventional needle is further segmented into bevel and vented.

On the basis of product type, the global-needles market is classified into suture, blood collection, and insufflation.

On the basis of material, the global needles market is classified into stainless steel and plastic.

On the basis of delivery mode, the global-needles market is classified into IV, IM, and hypodermic.

On the basis of end user, the global needles market is segmented into hospitals and diagnostic centers.

On the basis of distribution channel, the global needles market is segmented into direct tenders and retail.

Based on geography, the global-needles market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

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Competitive Analysis: Global Needles Market

The global needles market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of needles market for global, Europe, North America, Asia Pacific, and South America.

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