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Hypodermic Needle Market Size, Trends, Applications, and Industry Strategies

The burden of chronic diseases has been increasing rapidly since a long time now. As per the World Health Organization (WHO), chronic diseases account for about 60% of all deaths. It has been further estimated that the percentage would rise to 73% by 2020. The four most prevalent chronic diseases, namely chronic obstructive pulmonary disease, cardiovascular diseases, type 2 diabetes, and cancer, are mostly lifestyle associated diseases and can be prevented. Some of the major risk factors for these diseases are excessive tobacco usage, unhealthy diet, and physical inactivity.

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Hypodermic Needle Market Size, Trends, Applications, and Industry Strategies

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  1. Medical Devices How is Rising Prevalence of Chronic Diseases Driving Hypodermic Needle Market? © P&S Intelligence. All rights reserved Page 1

  2. The growing incidence of various lifestyle-associated and chronic diseases and the soaring geriatric population in several countries are the major factors fueling the sales of hypodermic needles across the world. In addition to this, the rising concerns being raised over needlestick injuries are further boosting the demand for hypodermic needles. The Safe Injection Global Network (SIGN), under the World Health Organization (WHO), frequently conducts workshops and events all over the world for raising public awareness about safe injection methods and practices. Request to Get the Sample Pages at: https://www.psmarketresearch.com/market- analysis/hypodermic-needles-market/report-sample Apart from being widely used by diabetics, hypodermic needles are also extensively used in research institutes and organizations for reducing the chances of contamination during inoculation programs. Thus, with the increasing usage of these needles in various applications, the global hypodermic needle market will demonstrate huge expansion in the forthcoming years, as per the estimates of P&S Intelligence, a market research organization based in India. Safety and non-safety needles are the two hypodermic needle variants available all over the world. Make an Enquiry before Purchase: https://www.psmarketresearch.com/send-enquiry?enquiry- url=hypodermic-needles-market In the coming years, the North American hypodermic needle market is predicted to exhibit rapid expansion. This is attributed to the rising incidence of lifestyle-associated and chronic diseases in the region and the increasing patient preference for safe injection methods in the North American countries. However, despite these growth drivers, the sales of the hypodermic needles will increase at a faster rate in the Asia-Pacific (APAC) region in the forthcoming years, mainly on account of the improving healthcare facilities and the increasing public awareness of safe injection practices and usage of syringes in the region. Diagnostic centers and hospitals are the major end users of the hypodermic needles. Of these, the usage of these needles is currently higher in the hospitals. This is credited to the rising number of people visiting hospitals for the diagnosis and treatment of various diseases and medical conditions. Moreover, the increasing incidence of various chronic diseases, rising implementation of government initiatives in several countries for promoting safe injection techniques, and the growing consumer preference for safety hypodermic needles in hospitals. Disclaimer: © P&S Intelligence. All rights reserved Page 2

  3. P&S Intelligence always keeps its customers’ interests at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However, the information in publications is subject to fluctuations, as it is based on primary interviews of officials from various companies or organizations. P&S Intelligence is not responsible for any incorrect data provided by the key industry players of the concerned domain. The information or analysis in P&S Intelligence publications represents opinions based on research and should not be interpreted as statements of fact. Information in this report was believed to be correct at the time of publication, but cannot be guaranteed. P&S Intelligence does not endorse any product, service, or vendor depicted in its research publications. All intellectual properties, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance can these be reproduced in any form without prior written agreement of their owners. An order for market research report is intended for internal use of the company only and not for disclosure to third parties or any other publication in general. No service, report, or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or form now realized or hereafter become realized, including but not limited to, all forms of optical-based media, magnetic, electronic, or digital, without a written permission from Prescient & Strategic Intelligence Pvt. Ltd. Kindly write to: enquiry@psmarketresearch.com B-13, Sector – 2, Noida, U.P. – 201301, INDIA Contact No: +91 120 4541 337 US/Canada Toll-Free: 1-888-778-7886 © P&S Intelligence. All rights reserved Page 3

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