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Hypodermic Needles And Syringes Market Report - Industry Size, Share, Trends, Growth And Forecast Till 2025
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The report gives a clear picture of current Hypodermic Needles And Syringes Market scenario and the predicted future of the industry. The report focuses on the basis of market drivers, restraints, growth, trends, and forecast for the period of 2018-2025. In addition, the report also maps the market performance by value chain analysis which will help in better product differentiation along with the analysis of each segment in terms of opportunity, market attractiveness index and growth rate.
A hypodermic needle is simply a hollow needle connected to a tube with a syringe to inject pharmaceutical drugs directly into the body or extract fluids from it. More than 2.5 billion hypodermic syringes were used in 2018, and the market is expected to continue to grow at more than 10% annual growth rate for the foreseeable future.
For the purpose of this report the hypodermic needles market is segmented by type of product, such as disposable syringes, reusable/safety syringes, pen injectors, needle free injectors, and safety syringes. The safety syringes segment is further segmented into retrofitted syringe, automatic retractable syringe, manually retractable syringe and prefilled syringe. Based on the end users, the hypodermic syringes market is segmented into physicians, nurses, paramedics, and patients.
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The hypodermic syringe market is poised for expansive growth mainly because of the ease-of-use factor that these syringes offer to patients and healthcare professionals and due to government support to minimize dosing errors and safety errors associated with use of needles. However, increase in packaging, transport, and storage costs, bulky size and weight, safety issues are some of the factors which are likely to dampen the market growth during the forecast period of 2018 to 2025.
Growing need of accurate dosing, need of greater patient compliance, and a reduced likelihood of contamination, need to reduce the overall cost per dosage unit are some of the unmet needs in the market which offer greater growth opportunities to the existing players in the market. Some of the major players in the global hypodermic syringes market are Becton Dickinson medical, Terumo medical corporation, Novo Nordisk, Cook Pharmica, Catalent, Genentech, mediline industry Inc., Smiths Medical, covidien, B Braun Medical Inc.
Major Table Of Contents :
4.Global Hypodermic Needle and Syringe Market, By Products
5.Global Hypodermic needle and syringe Market, By End User
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DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics. DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.
Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors. We provide intellectual, precise and meaningful data at a lightning speed.
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