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Asia-Pacific needles market explored in latest research

Asia-Pacific needles market explored in latest research

Asia-Pacific Needles Market is poised to reach USD 1.97 billion by 2021.

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The Asia-Pacific Needles Market was worth USD 1.34 billion in 2016 and estimated to be growing at a CAGR of 8.1%, to reach USD 1.97 billion by 2021. The market will grow significantly in the forecasting period and also in the years to follow.

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Needles are the medical tools used by professionals to inject or draw fluids from the body. They have an extremely thin body.

It has a hollow tube which is pointed at the end and has a little opening.

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A needle is injected into the body with the help of a syringe, made from either plastic or glass and is shaped in the form of a cylinder with a piston at one end which has the needle.

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Asia-Pacific has the third largest share in the global needles market after North America and Europe. The major factors responsible for the growth of this market are increasing number of chronic diseases, rising amount of cardiovascular diseases, the development in the medical technology and increasing aging population.

The only constraint the market faces is the high risk associated with drug delivery through needles.

Market Segmentation:

  • o Type                             
  • Introduction           
  • Conventional Needles         
  • Bevel Needles        
  • Filter Needles         
  • Vented Needles     
  • Safety Needles       
  • Active needles        
  • Passive Needles     
  • Y-o-Y Growth Analysis, By Type      
  • Market Attractiveness Analysis, By Type   
  • Market Share Analysis, By Type    
  • o Product                       
  • Introduction           
  • Suture Needles      
  • Blood Collection Needles   
  • Ophthalmic Needles            
  • Dental Needles      
  • Insufflation Needles            
  • Pen Needles           
  • Other Needles        
  • Y-o-Y Growth Analysis, By Product  
  • Market Attractiveness Analysis, By Product              
  • Market Share Analysis, By Product
  • o Delivery Mode                          
  • Introduction           
  • Hypodermic Needles           
  • Intravenous Needles           
  • Intramuscular Needles        
  • Intraperitoneal Needles      
  • Y-o-Y Growth Analysis, By Delivery Mode    
  • Market Attractiveness Analysis, By Delivery Mode   
  • Market Share Analysis, By Delivery Mode    
  • o Material                      
  • Introduction           
  • Stainless Steel Needles       
  • Plastic Needles      
  • Glass Needles         
  • PEEK Needles         
  • Y-o-Y Growth Analysis, By Material
  • Market Attractiveness Analysis, By Material              
  • Market Share Analysis, By Material
  • o End User                     
  • Hospitals & Clinics 
  • Diagnostic Centers
  • Home Healthcare  
  • Other End Users    

On the basis of region the Asia-Pacific market is analyzed under the regions China, India, Japan and South Korea. These are developing countries and there market is also expected to develop rapidly during the forecast period and thereafter.

China and India are estimated to register the maximum CAGR in Asia-Pacific region for the needles market.

Some of the major players dominating the Asia-Pacific needles market are Becton, Dickinson and Company, B. Braun Melsungen AG, Terumo Corporation and Smiths Medical, Terumo Corporation, Smiths Medical, and Thermo Fisher Scientific.

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