Hypodermic Needles Market to Reach US$ 4 Bn by 2031; Focus

2022-05-28 14:24:08 By : Mr. France Chen

May 18, 2022 12:30 ET | Source: Transparency Market Research Transparency Market Research

Albany, New York, UNITED STATES

Albany NY, United States, May 18, 2022 (GLOBE NEWSWIRE) -- Advancements in drug delivery devices for chronic diseases and for vaccines are propelling development of safe and high-quality injection technologies, thereby enriching the hypodermic needles market outlook. Manufacturers are increasingly focusing on ISO (International Organization for Standardization) standards to develop hypodermic needles in order to boost patient acceptance, and hence commercialization. A TMR study scrutinizing hypodermic needles market revenue analysis has found that the valuation is projected to expand at CAGR of 6% during 2021–2031.

Ongoing trends of the hypodermic needles market have reiterated on the growing role of automated systems for needles manufacturers for inspection and testing processes. In particular, the authors of the study found that players are increasing the availability of precision-engineered needles to capture stable revenues. Of note, product innovations on these lines are becoming a key marketing strategy.

The drive for safety hypodermic needles has stemmed from increased emphasis on the patient’s safety and comfort. New needle technologies have stridently reduced the needle phobia and boosted convenient delivery systems for clinicians and patients alike, confirm various hypodermic needles market statistics.

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Key Findings of Hypodermic Needles Market Study

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Hypodermic Needles Market: Key Drivers

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Hypodermic Needles Market: Regional Growth Dynamics

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Hypodermic Needles Market: Key Players

Some of the key players in the hypodermic needles market are

Modernization of healthcare in terms of both infrastructure and services have pushed the healthcare industry to new heights, Stay Updated with Latest Healthcare Industry Research Reports by Transparency Market Research:

Acupuncture Needles Market: The increase in cases of chronic diseases such as obesity, diabetes, and other autoimmune diseases globally, owing to factors such as antimicrobial resistance, alcohol consumption, adoption of unhealthy & sedentary lifestyles, and smoking is a key factor boosting the growth of the global acupuncture needles market.

Safety Needles Market: Advances in technology and increment in the quantity of players offering safety needles are anticipated to fuel the safety needles market during the forecast period. Moreover, high prevalence and rise in incidence rates of chronic lifelong diseases that require frequent doses of injection, especially diabetes, are prominent factors that are estimated to propel the safety needles market during the forecast period.

Pneumoperitoneum Needles Market: The global pneumoperitoneum needle market is growing substantially driven by increasing abdominal disorders and their treatment involving laparoscopic surgery. In laparoscopic procedure, pneumoperitoneum gases are introduced into the peritoneal cavity (interior of abdomen) by creating a small incision to expand the peritoneal cavity, away from the peritoneum cavity wall and vital organs. About Us

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