Global Needles Market expected to reach USD 5.3 billion with CAGR of 8.10% During 2017-2024
The Global Needles Market was thriving with USD 5.3 billion in 2016 and is expected to grow at a CAGR of 8.10% during the forecast period of 2017 to 2024.
Pune, India – July 31, 2017 /MarketersMedia/ —
Global Needles Market By Type {Conventional (Bevel, Vented), Safety}, Product Type (Suture, Blood Collection, Insufflation), Material (Stainless Steel, Plastic), Delivery Mode (IV, IM, Hypodermic), End-User (Hospitals, Diagnostic Centers), Distribution Channel (Direct Tenders, Retail), Geography (North America, South America, Europe, Asia-Pacific, and Middle East and Africa)
This market report defines the market trends and forecasts the upcoming opportunities and threats of the global needles market in the next 8 years. Global needles market provides powerful modalities for molecular imaging in clinical diagnostic and preclinical research in various therapeutic areas.
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The Global Needles Market is segmented based on type, product type, material, delivery mode, end user, distribution channel, and geography.
Based on type, the global needles market is segmented into conventional and safety needles. Conventional needle is further segmented into bevel and vented.
On the basis of product type, the global needles market is classified into suture, blood collection, and insufflation.
On the basis of material, the global needles market is classified into stainless steel and plastic.
On the basis of delivery mode, the global needles market is classified into IV, IM, and hypodermic.
On the basis of end user, the global needles market is segmented into hospitals and diagnostic centers.
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On the basis of distribution channel, the global needles market is segmented into direct tenders and retail.
Based on geography, the market is segmented into five geographical regions:
• North America
• South America
• Europe
• Asia-Pacific(APAC)
• Middle East and Africa(MEA)
The Global Needles Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of needles market for global, Europe, North America, Asia Pacific, and South America.
Some of the major players operating in this market are
• Becton
• Dickinson and Company
• Novo Nordisk A/S
• Ypsomed, Owen Mumford Ltd.
• HTL-STREFA S.A.
• B. Braun Melsungen
• Terumo Corporation
• ulti med Products GmbH
• Allison Medical, Inc.
• Artsana S.p.A.
• Thermo Fisher Scientific
• Smiths Medical
• Boston Scientific Corporation
• Hamilton Company
• Abbott
• CONMED Corporation
• Johnson & Johnson Inc
• Medtronic
• Retractable Technologies, Inc
• Revolutions Medical Corporation
• Smith & Nephew
• and UNILIFE CORPORATION
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