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Competitive Landscape and Strategic Developments in the Global Needles Market

  • Writer: Isha Deshpande
    Isha Deshpande
  • Jun 5
  • 3 min read

The global needles market size was USD 6.91 Billion in 2022 and is expected to register a rapid revenue CAGR of 8.7% during the forecast period. Increasing number of hospitals and clinic in emerging countries and rising prevalence of chronic illnesses, such as cancer and diabetes, are key factors driving market revenue growth.

The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Needles market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.

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Competitive Terrain:

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Needles market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

The leading market contenders listed in the report are:

Medtronic, Thermo Fisher Scientific Inc., Novo Nordisk A/S, Boston Scientific Corporation, Illumina, Inc., Bio-Rad Laboratories, Inc., QIAGEN, Abcam plc, Merck KgaA, Promega Corporation, Siemens, PerkinElmer, Inc., Shimadzu Corporation, Becton, Dickinson and Company, Stryker, Smiths Medical, Hilgenberg, Ethicon, Hamilton Company, and Terumo Corporation

Click to access the Report Study, Read key highlights of the Report and Look at Projected Trends: https://www.emergenresearch.com/industry-report/needles-market

Emergen Research has segmented the global Needles market on the basis of type, application, end-use, and region:

Segments Covered in this report are:

  • Product Outlook (Revenue, USD Billion; 2019-2032)

    • Suture Needles

    • Blood Collection Needles

    • Ophthalmic Needle

    • Dental Needles

    • Insufflation Needles

    • Pen Needles

      1. Standard Needles

      2. Safety Needles

    • Biopsy and Aspiration Needles

      1. Core Biopsy Needles

      2. Vacuum-assisted Biopsy Needles

    • Others

  • Type Outlook (Revenue, USD Billion; 2019-2032)

    • Conventional Needles

      1. Bevel Needles

      2. Blunt Fill Needles

      3. Vented Needles

      4. Filter Needles

    • Safety Needles

      1. Active Needles

      2. Passive Needles

  • Application Outlook (Revenue, USD Billion; 2019-2032)

    • Diagnostic Application

    • Therapeutics Application

The various regions analyzed in the report include:

  • North America (U.S., Canada)

  • Europe (U.K., Italy, Germany, France, Rest of EU)

  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)

  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Objectives of the Report:

  • Analysis and estimation of the Needles Market size and share for the projected period of 2022-2030

  • Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape

  • Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Needles Market

  • Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments

  • Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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