Needles Market by Type, Product, Delivery Mode, End-User - Global Forecast to 2022

  • ID: 4318767
  • Report
  • Region: Global
  • 169 Pages
  • Markets and Markets
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The Global Needles Market is Projected to Reach USD 8.47 Billion By 2022 from USD 5.82 Billion in 2017, at a CAGR of 7.8%

FEATURED COMPANIES

  • Aspen Surgical (U.S.)
  • Becton
  • Galil Medical Inc (U.S.)
  • Medtronic Plc
  • Novo Nordisk A/S
  • Sigma-Aldrich (U.S.)
  • MORE

"Needles Market by Type (Conventional (Bevel, Vented) & Safety), Product (Suture, Blood Collection, Insufflation), Material (Stainless Steel, Plastic), Delivery Mode (IV, IM, Hypodermic), End-User (Hospitals, Diagnostic Centers) - Global Forecast to 2022"

"Growing geriatric population to drive the global needles market"

Factors such as the growing geriatric population, increasing number of hospitals in emerging markets, high prevalence of chronic diseases, and increasing demand for vaccines are driving the growth of the market. On the other hand growing focus on the development of alternative drug delivery methods and rising needle stick injuries are some of the key factors limiting the growth of the global needles market.

"The plastic needles segment is expected to grow at the highest CAGR"

By material, the needles market is segmented into stainless steel/metallic, plastic, glass, and PEEK needles. The plastic needles segment is expected to grow at the highest CAGR of the needles market in 2017. Increasing inclination towards self-administration is a major factor driving the growth of the plastic needles market across the globe, as plastic needles are disposable and are more compatible with self-injection devices as compared to glass needles.

"The hospitals segment to dominate the global needles market during the forecast period"

Based on end-user, the needles market is segmented into hospitals, diagnostic centers, home healthcare, and other end-users. The hospitals segment accounted for the largest share of the global needles market in 2016 due to the increasing economic expansion and government focus on healthcare delivery systems and access to preventive and curative care of the population.

"Asia-Pacific to witness the highest growth during the forecast period (2017-2022)"

North America held the largest share of the global needles market in 2016, but Asia-Pacific is expected to witness the highest growth during the forecast period. A number of factors such as the conducive regulatory policies for the approval of new injectables and the rapid growth in the geriatric population are contributing to the growth of the needles market in this regional segment.

Breakdown of primary interviews: by company type, designation, and region:

  • By Company Type - Tier 1 - 45%, Tier 2 - 34% and Tier 3 - 21%
  • By Designation - C level - 10%, Director level - 14%, Others - 76%
  • By Region - North America - 40%, Europe - 32%, APAC - 20%, RoW - 8%

Some of the major market players in the needles market are Hamilton Company (U.S.), Medtronic plc (Ireland), Becton, Dickinson and Company (U.S.), Stryker Corporation (U.S.), B. Braun Melsungen AG (Germany), Boston Scientific Corporation (U.S.), and Terumo Corporation (Japan). Product launches, agreements, and partnerships were the major strategies adopted by market players to achieve growth.

Research Coverage:

This report studies the needles market based on type, products, delivery mode, material, and end user. The report also studies factors (such as drivers, restraints, opportunities, and challenges) affecting market growth. It analyzes opportunities and challenges in the market for stakeholders and provides details of the competitive landscape for market leaders. Furthermore, the report analyzes micromarkets with respect to their individual growth trends, prospects, and contributions to the total market. The report forecasts the revenue of the market segments with respect to four main regions.

Reasons to Buy the Report:

This research focuses on various levels of analysis-industry trends, competitive mapping of top 25 companies in this market, and company profiles, which together provide the basic view of the competitive landscape, emerging and high-growth segments of the needles market and high-growth regions and their respective drivers, restraints, challenges, and opportunities.

The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help firms garner greater market shares. Firms purchasing the report could use any one or a combination of the below-mentioned five strategies for strengthening their market shares.

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on product portfolios offered by major players in the needles market. The report analyzes the needles market based on products, type, delivery mode, material, end user, and region
  • Product Development/Innovation: Detailed insights on the upcoming products, research and development activities, and product launches in the market
  • Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for various needles products across geographies
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the needles market
  • Competitive Assessment: In-depth assessment of market shares, strategies, products, distribution networks, and manufacturing capabilities of leading players in the needles market
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FEATURED COMPANIES

  • Aspen Surgical (U.S.)
  • Becton
  • Galil Medical Inc (U.S.)
  • Medtronic Plc
  • Novo Nordisk A/S
  • Sigma-Aldrich (U.S.)
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Research Methodology
2.1.1.1 Secondary Research
2.1.1.2 Key Data from Secondary Sources
2.1.2 Primary Research
2.1.2.1 Key Data from Primary Sources
2.2 Market Size Estimation Methodology
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Data Validation And Triangulation
2.4 Assumptions for the Study

3 Executive Summary

4 Premium Insights
4.1 Needles Market Overview
4.2 Geographic Analysis: Needles Market, By Delivery Mode (2017)
4.3 Needles Market Size, By Product (2017 Vs. 2022)
4.4 Needles Market, By Material (2017 Vs. 2022)
4.5 Needles Market, By End User (2017 Vs. 2022)
4.6 Needles Market, By Type (2017 Vs. 2022)
4.7 Geographic Snapshot of the Needles Market
 
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 High Prevalence of Chronic Diseases
5.2.1.2 Growing Geriatric Population
5.2.1.3 Increasing Number of Hospitals in Emerging Markets
5.2.1.4 Increasing Demand for Vaccines
5.2.2 Restraints
5.2.2.1 Rising Needlestick Injuries And Infections
5.2.3 Opportunities
5.2.3.1 Expanding Injectables Market
5.2.3.2 Rise in Self-Administration of Drugs
5.2.3.3 Rising Use of Safety Needles
5.2.4 Challenges
5.2.4.1 Use of Needle-Free Injection Technology
5.2.4.2 Growing Focus On the Development of Alternative Drug Delivery Methods

6 Needles Market, By Type
6.1 Introduction
6.2 Conventional Needles
6.2.1 Bevel Needles
6.2.2 Blunt Fill Needles
6.2.3 Vented Needles
6.2.4 Filter Needles
6.3 Safety Needles
6.3.1 Active Needles
6.3.2 Passive Needles

7 Needles Market, By Product
7.1 Introduction
7.2 Suture Needles
7.3 Blood Collection Needles
7.4 Ophthalmic Needles
7.5 Dental Needles
7.6 Insufflation Needles
7.7 Pen Needles
7.8 Other Needles
 
8 Needles Market, By Delivery Mode
8.1 Introduction
8.2 Hypodermic Needles
8.3 Intravenous Needles
8.4 Intramuscular Needles
8.5 Intraperitoneal Needles

9 Needles Market, By Material
9.1 Introduction
9.2 Glass Needles
9.3 Plastic Needles
9.4 Stainless Steel/Metallic Needles
9.5 Polyetheretherketone (Peek) Needles

10 Needles Market, By End User
10.1 Introduction
10.2 Hospitals
10.3 Diagnostic Centers
10.4 Home Healthcare
10.5 Other End Users

11 Needles Market, By Region
11.1 Introduction
11.2 North America
11.2.1 U.S.
11.2.2 Canada
11.3 Europe
11.4 Asia-Pacific
11.5 Rest of the World

12 Competitive Landscape
12.1 Introduction
12.2 Needles Market (Global) Competitive Leadership Mapping, 2017
12.2.1 Visionary Leaders
12.2.2 Innovators
12.2.3 Dynamic Differentiators
12.2.4 Emerging Companies
12.3 Competitive Benchmarking
12.3.1 Product Offerings (For 25 Players)
12.3.2 Business Strategy (For 25 Players)
*Top 25 Companies Analyzed for this Study Are - Medtronic Plc (Ireland), Thermo Fisher Scientific Inc. (U.S.), Boston Scientific Corporation (U.S.), Cook Medical (U.S.), Ethicon Us, Llc. (U.S.), Novo Nordisk A/S (Denmark), Becton, Dickinson And Company (U.S.), Stryker Corporation (U.S.), Olympus Corporation (Japan), B. Braun Melsungen Ag (Germany), Terumo Corporation (Japan), Nipro Corporation (Japan), Ypsomed Holding (Switzerland), Integra Lifesciences Corporation (U.S.), Unimed Sa (Switzerland), Galil Medical Inc (U.S.), Hamilton Company (U.S.), Precision Medical Products, Inc. (U.S.), Smiths Medical (U.S.), Sigma-Aldrich (U.S.), Aspen Surgical (U.S.), A. Menarini Diagnostics (U.K.), Vita Needle Company (U.S.), Allison Medical, Inc. (U.S.), Argon Medical Devices, Inc. (U.S.),

13 Company Profiles
(Overview, Products And Services, Financials, Strategy & Development)*
13.1 Introduction
13.2 Hamilton Company
13.3 Medtronic Plc
13.4 Becton, Dickinson And Company
13.5 B. Braun Melsungen Ag
13.6 Stryker Corporation
13.7 Ethicon, Inc. (Subsidiary of Johnson And Johnson)
13.8 Boston Scientific Corporation
13.9 Unimed Sa
13.10 Novo Nordisk A/S
13.11 Terumo Corporation
13.12 Olympus Corporation
13.13 Smiths Medical
13.14 Nipro Corporation
13.15 Sigma-Aldrich (Subsidiary of Merck Kgaa)
13.16 Thermo Fisher Scientific Inc.
*Details On Overview, Products And Services, Financials, Strategy & Development Might Not Be Captured in Case of Unlisted Companies.

14 Appendix
14.1 Insights of Industry Experts
14.2 Discussion Guide
14.3 Knowledge Store: Subscription Portal
14.4 Introducing Rt: Real-Time Market Intelligence
14.5 Available Customizations
14.6 Related Reports
14.7 Author Details

List of Tables
Table 1 Needles Market Size, By Type, 2015-2022 (USD Million)
Table 2 Conventional Needles Market Size, By Type, 2015-2022 (USD Million)
Table 3 Conventional Needles Market Size, By Region, 2015-2022 (USD Million)
Table 4 Bevel Needles Market Size, By Region, 2015-2022 (USD Million)
Table 5 North America: Bevel Needles Market Size, By Country, 2015-2022 (USD Million)
Table 6 Blunt Fill Needles Market Size, By Region, 2015-2022 (USD Million)
Table 7 North America: Blunt Fill Needles Market Size, By Country, 2015-2022 (USD Million)
Table 8 Vented Needles Market Size, By Region, 2015-2022 (USD Million)
Table 9 North America: Vented Needles Market Size, By Country, 2015-2022 (USD Million)
Table 10 Filter Needles Market Size, By Region, 2015-2022 (USD Million)
Table 11 North America: Filter Needles Market Size, By Country, 2015-2022 (USD Million)
Table 12 Safety Needles Market Size, By Type, 2015-2022 (USD Million)
Table 13 Safety Needles Market Size, By Region, 2015-2022 (USD Million)
Table 14 North America: Safety Needles Market Size, By Country, 2015-2022 (USD Million)
Table 15 Active Needles Market Size, By Region, 2015-2022 (USD Million)
Table 16 North America: Active Needles Market Size, By Country, 2015-2022 (USD Million)
Table 17 Passive Needles Market Size, By Region, 2015-2022 (USD Million)
Table 18 North America: Passive Needles Market Size, By Country, 2015-2022 (USD Million)
Table 19 Needles Market Size, By Product, 2015-2022 (USD Million)
Table 20 Suture Needles Market Size, By Region, 2015-2022 (USD Million)
Table 21 North America: Suture Needles Market Size, By Country, 2015-2022 (USD Million)
Table 22 Blood Collection Needles Market Size, By Region, 2015-2022 (USD Million)
Table 23 North America: Blood Collection Needles Market Size, By Country, 2015-2022 (USD Million)
Table 24 Ophthalmic Needles Market Size, By Region, 2015-2022 (USD Million)
Table 25 North America: Ophthalmic Needles Market Size, By Country, 2015-2022 (USD Million)
Table 26 Dental Needles Market Size, By Region, 2015-2022 (USD Million)
Table 27 North America: Dental Needles Market Size, By Country, 2015-2022 (USD Million)
Table 28 Insufflation Needles Market Size, By Region, 2015-2022 (USD Million)
Table 29 North America: Insufflation Needles Market Size, By Country, 2015-2022 (USD Million)
Table 30 Pen Needles Market Size, By Region, 2015-2022 (USD Million)
Table 31 North America: Pen Needles Market Size, By Country, 2015-2022 (USD Million)
Table 32 Other Needles Market Size, By Region, 2015-2022 (USD Million)
Table 33 North America: Other Needles Market Size, By Country, 2015-2022 (USD Million)
Table 34 Needles Market Size, By Delivery Mode, 2015-2022 (USD Million)
Table 35 Hypodermic Needles Market Size, By Region, 2015-2022 (USD Million)
Table 36 North America: Hypodermic Needles Market Size, By Country, 2015-2022 (USD Million)
Table 37 Intravenous Needles Market Size, By Region, 2015-2022 (USD Million)
Table 38 North America: Intravenous Needles Market Size, By Country, 2015-2022 (USD Million)
Table 39 Intramuscular Needles Market Size, By Region, 2015-2022 (USD Million)
Table 40 North America: Intramuscular Needles Market Size, By Country, 2015-2022 (USD Million)
Table 41 Intraperitoneal Needles Market Size, By Region, 2015-2022 (USD Million)
Table 42 North America: Intraperitoneal Needles Market Size, By Country, 2015-2022 (USD Million)
Table 43 Needles Market Size, By Material, 2015-2022 (USD Million)
Table 44 Glass Needles Market Size, By Region, 2015-2022 (USD Million)
Table 45 North America Glass Needles Market Size, By Country, 2015-2022 (USD Million)
Table 46 Plastic Needles Market Size, By Region, 2015-2022 (USD Million)
Table 47 North America Plastic Needles Market Size, By Country, 2015-2022 (USD Million)
Table 48 Stainless Steel/Metallic Needles Market Size, By Region, 2015-2022 (USD Million)
Table 49 North America Stainless Steel/Metallic Needles Market Size, By Country, 2015-2022 (USD Million)
Table 50 Peek Needles Market Size, By Region, 2015-2022 (USD Million)
Table 51 North America Peek Needles Market Size, By Country, 2015-2022 (USD Million)
Table 52 Needles Market Size, By End User, 2015-2022 (USD Million)
Table 53 Needles Market Size for Hospitals, By Region, 2015-2022 (USD Million)
Table 54 North America Needles Market Size for Hospitals, By Country, 2015-2022 (USD Million)
Table 55 Needles Market Size for Diagnostic Centers, By Region, 2015-2022 (USD Million)
Table 56 North America Needles Market Size for Diagnostic Centers, By Country, 2015-2022 (USD Million)
Table 57 Needles Market Size for Home Healthcare, By Region, 2015-2022 (USD Million)
Table 58 North America Needles Market Size for Home Healthcare, By Country, 2015-2022 (USD Million)
Table 59 Needles Market Size for Other End Users, By Region, 2015-2022 (USD Million)
Table 60 North America Needles Market Size for Other End Users, By Country, 2015-2022 (USD Million)
Table 61 Needles Market Size, By Region, 2015-2022 (USD Million)
Table 62 North American Needles Market Size, By Country, 2015-2022 (USD Million)
Table 63 North America: Needles Market Size, By Type, 2015-2022 (USD Million)
Table 64 North America: Needles Market Size, By Product, 2015-2022 (USD Million)
Table 65 North America: Needles Market Size, By Delivery Mode, 2015-2022 (USD Million)
Table 66 North America: Needles Market Size, By Material, 2015-2022 (USD Million)
Table 67 North America: Needles Market Size, By End User, 2015-2022 (USD Million)
Table 68 U.S.: Needles Market Size, By Type, 2015-2022 (USD Million)
Table 69 U.S.: Needles Market Size, By Product, 2015-2022 (USD Million)
Table 70 U.S.: Needles Market Size, By Delivery Mode, 2015-2022 (USD Million)
Table 71 U.S.: Needles Market Size, By Material, 2015-2022 (USD Million)
Table 72 U.S.: Needles Market Size, By End User, 2015-2022 (USD Million)
Table 73 Canada: Needles Market Size, By Type, 2015-2022 (USD Million)
Table 74 Canada: Needles Market Size, By Product, 2015-2022 (USD Million)
Table 75 Canada: Needles Market Size, By Delivery Mode, 2015-2022 (USD Million)
Table 76 Canada: Needles Market Size, By Material, 2015-2022 (USD Million)
Table 77 Canada: Needles Market Size, By End User, 2015-2022 (USD Million)
Table 78 Europe: Needles Market Size, By Type, 2015-2022 (USD Million)
Table 79 Europe: Needles Market Size, By Product, 2015-2022 (USD Million)
Table 80 Europe: Needles Market Size, By Delivery Mode, 2015-2022 (USD Million)
Table 81 Europe: Needles Market Size, By Material, 2015-2022 (USD Million)
Table 82 Europe: Needles Market Size, By End User, 2015-2022 (USD Million)
Table 83 Asia-Pacific: Needles Market Size, By Type, 2015-2022 (USD Million)
Table 84 Asia-Pacific: Needles Market Size, By Product, 2015-2022 (USD Million)
Table 85 Asia-Pacific: Needles Market Size, By Delivery Mode, 2015-2022 (USD Million)
Table 86 Asia-Pacific: Needles Market Size, By Material, 2015-2022 (USD Million)
Table 87 Asia-Pacific: Needles Market Size, By End User, 2015-2022 (USD Million)
Table 88 Row: Needles Market Size, By Type, 2015-2022 (USD Million)
Table 89 Row: Needles Market Size, By Product, 2015-2022 (USD Million)
Table 90 Row: Needles Market Size, By Delivery Mode, 2015-2022 (USD Million)
Table 91 Row: Needles Market Size, By Material, 2015-2022 (USD Million)
Table 92 Row: Needles Market Size, By End User, 2015-2022 (USD Million)

List of Figures
Figure 1 Global Needles Market: Research Methodology Steps
Figure 2 Research Design
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation, And Region
Figure 4 Top-Down Approach
Figure 5 Data Triangulation Methodology
Figure 6 Global Needles Market, By Type, 2017 Vs. 2022
Figure 7 Global Needles Market, By Product, 2017 Vs. 2022
Figure 8 Global Needles Market, By Delivery Mode, 2017 Vs. 2022
Figure 9 Global Needles Market, By Region, 2017 (USD Million)
Figure 10 High Prevalence of Chronic Diseases And Increasing Number of Hospitals is Driving the Growth of the Needles Market
Figure 11 Hypodermic Needles to Dominate the Market in 2017
Figure 12 Pen Needles Will Continue to Dominate the Needles Market in 2022
Figure 13 Stainless Steel/Metallic Segment to Dominate the Needles Market
Figure 14 Hospitals to Dominate the Needles Market, By End User
Figure 15 Conventional Needles to Command the Largest Share of the Needles Market
Figure 16 Asia-Pacific to Register the Highest CAGR During the Forecast Period (2017 to 2022)
Figure 17 Needles Market: Drivers, Restraints, Opportunities, And Challenges
Figure 18 Estimated Number of Diabetic Patients, By Region, 2015 Vs. 2040
Figure 19 Expected Increase in New Cancer Cases, 2012 Vs. 2020
Figure 20 Geriatric Population, By Region, 2010-2030
Figure 21 Safety Needles Segment to Witness Higher Growth During the Forecast Period
Figure 22 Asia Pacific to Witness Highest Growth During the Forecast Period
Figure 23 North America to Dominate the Safety Needles Market During the Forecast Period
Figure 24 Pen Needles Segment to Register Highest Growth During the Forecast Period
Figure 25 Intravenous Needles Segment to Witness the Highest Growth Rate During the Forecast Period
Figure 26 Asia-Pacific Segment to Witness the Highest Growth Rate During the Forecast Period
Figure 27 North America to Dominate the Intravenous Needles Segment During the Forecast Period
Figure 28 Global Needles Market, By Material, 2017 Vs 2022
Figure 29 Hospitals to Witness the Highest Growth During the Forecast Period
Figure 30 Needles Market: Growth Forecast, By Region (2017-2022)
Figure 31 North American Needles Market Snapshot
Figure 32 Europe Needles Market Snapshot
Figure 33 Asia-Pacific Needles Market Snapshot
Figure 34 Needles Market (Global) Competitive Leadership Mapping, 2017
Figure 35 Medtronic Plc: Company Snapshot (2016)
Figure 36 Becton, Dickinson And Company: Company Snapshot (2016)
Figure 37 B. Braun Melsungen Ag: Company Snapshot (2016)
Figure 38 Stryker Corporation: Company Snapshot (2016)
Figure 39 Johnson & Johnson: Company Snapshot (2016)
Figure 40 Boston Scientific Corporation: Company Snapshot (2016)
Figure 41 Novo Nordisk A/S: Company Snapshot (2016)
Figure 42 Terumo Corporation: Company Snapshot (2016)
Figure 43 Olympus Corporation: Company Snapshot (2016)
Figure 44 Smiths Medical: Company Snapshot (2016)
Figure 45 Merck Kgaa: Company Snapshot (2016)
Figure 46 Thermo Fisher Scientific Inc.: Company Snapshot (2016)

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Aspen Surgical (U.S.)
  • Becton
  • Galil Medical Inc (U.S.)
  • Medtronic Plc
  • Novo Nordisk A/S
  • Sigma-Aldrich (U.S.)
  • MORE

The global needles market is projected to reach USD 8.47 Billion by 2022 from USD 5.82 Billion in 2017, at a CAGR of 7.8% during the forecast period. The growing geriatric population, increasing number of hospitals in emerging markets, high prevalence of chronic diseases, and increasing demand for vaccines are the major factors driving the growth of the needles market across the globe.

This report broadly segments the needles market into type, products, material, delivery mode, and end user.

On the basis of type, the global needles market is segmented into two broad categories, namely, conventional needles and safety needles. The global safety needles segment is expected to grow at a higher CAGR from 2017 to 2022, owing to the increasing awareness regarding the use of safety syringes and need to reduce needlestick injuries.

Based on product, the needles market is segmented into suture needles, blood collection needles, ophthalmic needles, dental needles, insufflation needles, pen needles, and other needles. The pen needles segment is expected to hold the largest share of the needles market in 2017. The demand for pen needles is expected to increase with the growing prevalence of diabetes. Around 415 million people had diabetes in 2013, worldwide; by 2040, this figure is expected to increase to 642 million (Source: International Diabetes Federation). Thus, with the increasing prevalence of diabetes across the globe, the demand for pen needles will increase during the forecast period.

On the basis of the delivery mode, the needles market is segmented into hypodermic, intravenous, intramuscular, and intraperitoneal needles. The hypodermic needles segment is expected to account for the largest share of the needles market in 2017. These needles are used for injecting drugs into the subcutaneous layer of skin; this enables the quick absorption of active compounds into the bloodstream, which is the key factor contributing to the market growth of this segment.

The needles market is segmented into stainless steel/metallic, plastic, glass, and PEEK needles, based on materials. The stainless steel/metallic needles segment is expected to account for the largest share of the needles market in 2017. Stainless steel/metallic needles are affordable and do not rust; they can also be sterilized and reused; these factors are contributing to the large share of this market segment.

By end user, the needles market is segmented into hospitals, home healthcare, diagnostic centers, and other end users (trauma centers, blood banks, nursing homes, and acute care centers). The hospitals segment is expected to account for the largest share of the needles market in 2017. Growth in the healthcare sector in emerging economies and the increasing out-of-pocket healthcare expenditure across the globe are the key factors contributing to the market growth of this segment.

Geographically, emerging Asian countries offer high-growth opportunities for market players. As of 2017. The conducive regulatory policies for the approval of new injectables and rapid growth in the geriatric population are key factors influencing the growth of the Asia-Pacific needles market.

However, the rising needlestick injuries and infections, use of needle-free technology, and growing focus on the development of alternative drug delivery methods are the major factors that are expected to restrain the growth of this market.

A majority of the leading players, including Medtronic plc (Ireland), Ethicon US, LLC. (U.S.), Thermo Fisher Scientific Inc. (U.S.), Novo Nordisk A/S (Denmark), Becton, Dickinson and Company (U.S.), Stryker Corporation (U.S.), and Boston Scientific Corporation (U.S.), among others in the needles market are developing advanced needles enabled with safety features to secure their position in the market. Companies also focus on upgrading their product offerings and expanding their distribution networks to gain a larger share of the market through partnerships and collaborations.

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  • A. Menarini Diagnostics (U.K.)
  • Allison Medical Inc. (U.S.)
  • Argon Medical Devices Inc. (U.S.)
  • Aspen Surgical (U.S.)
  • B. Braun Melsungen Ag
  • Becton
  • Becton, Dickinson And Company
  • Boston Scientific Corporation )
  • Cook Medical (U.S.)
  • Dickinson And Company (U.S.)
  • Ethicon, Inc. (Subsidiary of Johnson And Johnson)
  • Galil Medical Inc (U.S.)
  • Hamilton Company
  • Integra Lifesciences Corporation (U.S.)
  • Medtronic Plc
  • Nipro Corporation
  • Novo Nordisk A/S
  • Olympus Corporation
  • Precision Medical Products Inc. (U.S.)
  • Sigma-Aldrich (Subsidiary of Merck Kgaa)
  • Sigma-Aldrich (U.S.)
  • Smiths Medical
  • Stryker Corporation
  • Terumo Corporation
  • Thermo Fisher Scientific Inc.
  • Unimed Sa
  • Unimed Sa (Switzerland)
  • Vita Needle Company (U.S.)
  • Ypsomed Holding (Switzerland)
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