Global Hypodermic Needles Market Is Finds future growth and Business by 2022

Posted by pooja on June 3rd, 2019

Passive safety hypodermic needles with integrated retractable needle mechanism gain high adoption due to their safety features in the global hypodermic needles market. 

Hypodermic Needles Market Report, published by Allied Market Research, forecasts that the global market was valued at ,396 million in 2015, and is expected to garner ,842 million by 2022, registering a CAGR of 6.9% during the forecast period 2016 - 2022. The safety hypodermic needle segment held nearly seven-ninths of market share in 2015.

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A hypodermic needle is a long, thin cylindrical hollow needle with a sharp & slanted tip used to administer drugs to the patient. It is also used to withdraw bodily fluids for research and examination purposes. The increase in the number of needle-stick injuries throughout the world is expected to boost the market growth.

The key players operating in the global hypodermic needles market include Becton, Dickinson And Company, B. Braun Melsungen AG, Catalent, Inc., Connecticut Hypodermics, Inc., EXELINT International Co., MedPro Safety Products, Inc., Medtronic plc, Retractable Technologies, Inc., Smiths Group plc, and Terumo Medical Corporation


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Joined: May 29th, 2019
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