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 Global Needles Market Report, published by Emergen Research, offers an industry-wide assessment of the Needles market, which is inclusive of the most crucial factors contributing to the growth of the industry. The latest research report comprises an extensive analysis of the micro- and macro-economic indicators that influence the global market development during the forecast period.
The global Needles industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
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
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Needles market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Competitive Outlook: The leading companies operating in the Needles market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Needles market.
This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Needles market on the basis of product, application, 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
Standard Needles
Safety Needles
Biopsy and Aspiration Needles
Core Biopsy Needles
Vacuum-assisted Biopsy Needles
Others
Type Outlook (Revenue, USD Billion; 2019-2032)
Conventional Needles
Bevel Needles
Blunt Fill Needles
Vented Needles
Filter Needles
Safety Needles
Active Needles
Passive Needles
Application Outlook (Revenue, USD Billion; 2019-2032)