Special Purpose Needles Market Analysis

  • Report ID: 199
  • Published Date: Dec 23, 2024
  • Report Format: PDF, PPT

Special Purpose Needles Market Analysis

The special purpose needles market is segmented by product type into biopsy needles, hypodermic needles, and aspirating needles, out of which, the hypodermic needles segment is anticipated to hold the largest share in the global market during the forecast period on account of increased demand for hypodermic needles post Covid 19. Moreover, the COVID-19 pandemic caused 6,270,232 deaths, as of May 2022, as sourced from the World Health Organization.

Our in-depth analysis of the global market includes the following segments:

           Product Type

  • Fine Aspirating Needles
  • Biopsy Needles
  • Hypodermic Needles

             Application

  • Sample Collection
  • Vaccination
  • Drug Delivery

 

 

           Distribution Channel

  • Hospital Pharmacies
  • Private Clinics
  • Retail Pharmacies
  • Drug Stores
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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 199
  • Published Date: Dec 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of special purpose needles is assessed at USD 15.14 billion.

Special Purpose Needles Market size was over USD 14.2 billion in 2024 and is projected to reach USD 37.7 billion by 2037, growing at around 7.8% CAGR during the forecast period i.e., between 2025-2037.

Asia Pacific industry is poised to dominate majority revenue share by 2037, on account of increasing demand for passive drugs, and requirement of special purpose needles especially for the rising geriatric population across the region.

The major players in the market are Terumo Group, Smiths Medical, Boston Scientific Corporation, Stryker Corporation, Nipro Medical Corporation, Cook Group Incorporated, India Medtronic Private Limited, Cardinal Health, Inc., and SERAG-WIESSNER GmbH & Co. KG.
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