Syringe and Needle Market Top Trends, Detailed Analysis, Global Market Shares, P
Posted by shriya on May 27th, 2021
Global Syringe and Needle Market Research Report: By Type (Blood Collection Syringe and Needles, Ophthalmic Syringe and Needles, Bone Marrow Syringe and Needles, Catheter Syringe and Needles, and Others), Application (General Surgery, Diagnostic, Respiratory, Orthopedics, Cardiovascular, Dental, and others), Usability (Disposable, Reusable,), End User (Hospital & Clinics, Diagnostic Centers, Home Care, and Others), and Region (Americas, Europe, Asia-Pacific, and Middle East and Africa)—Global Forecast till 2027
The global syringe and needle market is expected to grow at a CAGR of 5.5% and surpass its previous revenues over the forecast period of 2017–2023, as per a research report published by Market Research Future (MRFR). The syringe and needle market is growing primarily on account of a large pool of patients who augment the demand for needle and syringe. High prevalence of blood-borne diseases leads to a surge in the application of syringes and needles which fuels the market growth. The global geriatric population is increasing and contributing significantly to the market growth. This demographic is at high risk for chronic diseases, and the natural aging process weakens the body leading to increased overall medical visits.
The key markets of the global syringes and needle market include North America, Europe, Asia Pacific and the Middle East & Africa. North America accounts for the majority share of the global market owing to the prevalence of chronic diseases in the region coupled with increased R&D activities which induce the demand of the market. Additionally, the presence of a large customer base in the region also propels the market growth.
The global syringe and needle market is highly competitive with the presence of several large and small vendors. The notable players of the syringe and needle market include B. Braun Medical Inc., Terumo Corporation, Albert David Ltd, Covidien Plc, Smiths Medical, and Connecticut Hypodermics Inc.
Browse Detailed TOC with COVID-19 Impact Analysis at: https://www.marketresearchfuture.com/reports/syringe-needle-market-723
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.
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Joined: May 18th, 2021
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