Intravenous Infusion Pump Market Forecasted to Reach USD 9.7 Billion by 2032

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Hypodermic Syringes Needles Market Projected to
Reach USD 9.3 Billion by 2032
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• Industry Insights

• Global Hypodermic Syringes Needles Market is
  anticipated to register remarkable gains through
  2032 on account of the surging prevalence of
  chronic disorders. As per the New York State
  Department of Health, in the U.S., heart disease
  causes around 697,000 deaths every year, which
  accounts for 1 in every 5 deaths. The growing
  disease burden has increased the number of
  surgeries, further escalating the need for
  hypodermic syringes needles.
• Overall, the hypodermic syringes needles market
  is segmented in terms of type, usability,
  application, end-use, and region.
• Based on usability, the hypodermic syringes
  needles industry from the reusable segment is
  slated to register considerable gains through
  2032, owing to the growing efforts of market
  players on new product innovations. Moreover,
  hypodermic reusable syringes and needles work
  well for the administration of injectable
  antibiotics and vaccines. In addition, a
  commendable rise in investments by government
  authorities in mega vaccination drives may
  further bolster segment growth.

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In terms of application, the hypodermic syringes
needles industry from the vaccination segment
is expected to grow at a substantial CAGR from
2023 to 2032, owing to the growing focus of
government authorities on vaccination drives for
public safety. In fact, in January 2022,
Argentina implemented a National Vaccination
Campaign in an effort to combat COVID-19 to
restore in-person classes in schools. Likewise,
the growing efforts of governments of developing
economies to fight against infectious diseases
are likely to pave the way for market
expansion. With respect to end-use, the
hypodermic syringes needles market from the
diagnostic centers segment is slated to record a
valuation of over USD 2 billion by 2032. A
remarkable rise in the popularity of minimally
invasive surgical procedures, such as core needle
biopsy for pathological analysis of tissue
samples, has bolstered the need for hypodermic
syringes needles in diagnostic centers.
Moreover, these devices help obtain tissue
samples by precisely targeting the area to be
operated, leading to fewer postoperative
complications and quick recovery.
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• Regional Analysis

From the regional perspective, the Asia Pacific
hypodermic syringes needles industry is poised
to grow at over 4.5 CAGR from 2023 to 2032. The
rising geriatric population, which is highly
susceptible to diseases, has increased the
frequency of visits to medical facilities,
creating a strong demand for the product. As per
WHO, an estimated 402 million people, which makes
up 28 of the population in China will be over
the age of 60 years by 2040.

• Competitive Analysis

• B. Braun
• Melsungen AG
• Cardinal Health Inc
• Becton Dickinson Company
• Terumo Corporation
• Lifelong Meditech Private Limited
• Nipro Corporation
• Retractable Technologies
• McKesson Corporation
• Connecticut Hypodermics In

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ermic-syringes-and-needles-market
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