Infographics - U.S. Safety Needles Market

A needle is a solid and slender instrument, which is pointed at the end and is designed for puncturing of tissues. Safety needles have a safety mechanism built into the needles to protect healthcare workers and others from accidental needle-stick injuries. Safety needles reduce the incidence of infection, cost as well as offer better convenience and practicality in use. Factors such as accuracy, operation time, and prompt use design were favorable with the majority of health care personnel preferring safety needle technology as compared to conventional devices. Various types of safety needles are available in the market that work on different mechanisms.

Market Dynamics

Rising prevalence of gynecologic cancer and spine disorders, government initiatives for blood collection and favorable reimbursement for pen needles are some of the major factors responsible for the growth of the U.S. safety needles market. For instance, according to the 2018 report published by the Centers for Disease Control and Prevention, in 2018, 883.7 million individuals including adults and children visited physician offices for the treatment of various conditions such as diabetes, cold and flu, and viral infection in the U.S. Furthermore, increasing number of geriatric population patients is expected to drive demand for homecare settings, which boost growth of the U.S. safety needles market over the forecast period. For instance, according to the report published in 2019 by the U.S. Census Bureau, the U.S. geriatric population is expected to reach 77 million by 2034. Moreover, as per the American Diabetes Association 2018 report, in 2018, 34.2 million Americans, or 10.5% of the population, had diabetes. Favorable polices by U.S. Medicare regarding reimbursement for pen needles and increasing prevalence of diabetes are major factors expected to fuel overall revenue growth of safety needles in the U.S. over the forecast period.

Key features of the study:

This report provides in-depth analysis of the U.S. Safety Needles Market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2020–2027), considering 2019 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the U.S. Safety Needles Market based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans
Key companies covered as a part of this study include Medtronic Plc., Becton, Dickinson and Company, Boston Scientific Corporation, Smith Medical, Abbott Laboratories, Argon Medical Devices Inc., Novo Nordisk A/S, Terumo Corporation, Eli Lilly and Company, Nipro Corporation, B.Braun Melsungen AG, Revolutions Medical Corporation, Retractable Technologies, Inc, SOL-MILLENNUM, UltiMed, Inc., Axel Bio Corporation, Inc., Cardinal Health, Inc., Vygon S.A., and Gerresheimer AG.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The U.S. Safety Needles Market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the U.S. Safety Needles Market

Detailed Segmentation:

U.S. Safety Needles Market, By Product Type :
- Fine Aspirating Needle
- Biopsy Needle
- Hypodermic Needle
- Pen Needle
- Suture Needle
- IV Catheter Needle
- Huber Needle
- Blood Collection Needle
- Spinal Anesthesia and Epidural Needle
- Prefilled Syringe Needle
- A.V. Fistula Needle
- Cannula Needle
- Retractable Syringes
U.S. Safety Needles Market, By Application:
- Sample Collection
- Drug Delivery
U.S. Safety Needles Market, By End User:
- Hospitals
- Physician Offices
- Nursing Home
- Dental Laboratories
- Diagnostic Centers
- Ambulatory Surgical Centers
- Homecare Settings
- Others
U.S. Safety Needles Market, By Distribution Channel
- Hospital Pharmacies
- Private Clinics
- Retail Pharmacies and Drug Store
- E-commerce
Company Profiles
- Medtronic Plc*
  - Company Highlights
  - Product Portfolio
  - Key Highlights
  - Financial Overview
  - Strategy
- Becton, Dickinson and Company
- Boston Scientific Corporation
- Smith Medical Company
- Abbott Laboratories.
- Argon Medical Devices, Inc.
- Novo Nordisk A/S
- Terumo Corporation
- Eli Lilly and Company
- Nipro Corporation
- Braun Melsungen AG
- Revolutions Medical Corporation
- Retractable Technologies, Inc
- SOL-MILLENNUM
- UltiMed, Inc.
- Axel Bio Corporation, Inc.
- Cardinal Health, Inc.
- Vygon S.A.
- Gerresheimer AG

“*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
Market Overview
- Report Description
  - Market Definition and Scope
- Executive Summary
  - Market Snapshot, By Product Type
  - Market Snapshot, By Application
  - Market Snapshot, By End User
- Market Snapshot, By Distribution Channel Coherent Opportunity Map (COM)
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
  - Drivers
  - Restraints
  - Opportunities
- Recent Product Launches/Approvals
- Mergers, Acquisitions, and Collaborations
- Regulatory Scenario
- Key Developments
- PEST Analysis
- Porter’s Analysis
U.S. Safety Needles Market – COVID-19 Impact Analysis
- Economic Impact
- COVID-19 Epidemiology
- Impact on Supply and Demand
U.S. Safety Needles Market, By Product Type, 2023 – 2030, (US$ Billion)
- Introduction
  - Market Share Analysis, 2023 and 2030 (%)
  - Y-o-Y Growth Analysis, 2018 – 2030
  - Segment Trends
- Fine Aspirating Needle
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2018–2030, (US$ Billion)
- Biopsy Needle
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2018–2030, (US$ Billion)
- Hypodermic Needle
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2018–2030, (US$ Billion)
- Pen Needle
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2018–2030, (US$ Billion)
- Suture Needle
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2018–2030, (US$ Billion)
- IV Catheter Needle
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2018–2030, (US$ Billion)
- Huber Needle
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2018–2030, (US$ Billion)
- Blood Collection Needle
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2018–2030, (US$ Billion)
- Spinal Anesthesia and Epidural Needle
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2018–2030, (US$ Billion)
- Prefilled Syringe Needle
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2018–2030, (US$ Billion)
- V. Fistula Needle
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2018–2030, (US$ Billion)
- Cannula Needle
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2018–2030, (US$ Billion)
- Retractable Syringes
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2018–2030, (US$ Billion)
U.S. Safety Needles Market, By Application, 2023 – 2030, (US$ Billion)
- Introduction
  - Market Share Analysis, 2023 and 2030 (%)
  - Y-o-Y Growth Analysis, 2018 – 2030
  - Segment Trends
- Sample Collection
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2018–2030, (US$ Billion)
- Drug Delivery
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2018–2030, (US$ Billion)
U.S. Safety Needles Market, By End User, 2023 – 2030, (US$ Billion)
- Introduction
  - Market Share Analysis, 2023 and 2030 (%)
  - Y-o-Y Growth Analysis, 2018–2030
  - Segment Trends
- Hospitals
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2018 – 2030, (US$ Billion)
- Physician Offices
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2018 – 2030, (US$ Billion)
- Nursing Home
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2018 – 2030, (US$ Billion)
- Dental Laboratories
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2018 – 2030, (US$ Billion)
- Diagnostic Centers
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2018 – 2030, (US$ Billion)
- Ambulatory Surgical Centers
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2018 – 2030, (US$ Billion)
- Homecare Settings
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2018 – 2030, (US$ Billion)
- Others
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2018 – 2030, (US$ Billion)
U.S. Safety Needles Market, By Distribution Channel, 2023 – 2030, (US$ Billion)
- Introduction
  - Market Share Analysis, 2023 and 2030 (%)
  - Y-o-Y Growth Analysis, 2018–2030
  - Segment Trends
- Hospital Pharmacies
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2018 – 2030, (US$ Billion)
- Private Clinics
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2018 – 2030, (US$ Billion)
- Retail Pharmacies and Drug Store
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2018 – 2030, (US$ Billion)
- E-Commerce
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2018 – 2030, (US$ Billion)
Competitive Landscape
- Company Profiles
  - Medtronic Plc.
    - Company Highlights
    - Product Portfolio
    - Key Highlights
    - Financial Performance
    - Market Strategies
  - Becton, Dickinson and Company
    - Company Highlights
    - Product Portfolio
    - Key Highlights
    - Financial Performance
    - Market Strategies
  - Boston Scientific Corporation
    - Company Highlights
    - Product Portfolio
    - Key Highlights
    - Financial Performance
    - Market Strategies
  - Smith Medical
    - Company Highlights
    - Product Portfolio
    - Key Highlights
    - Financial Performance
    - Market Strategies
  - Abbott Laboratories
    - Company Highlights
    - Product Portfolio
    - Key Highlights
    - Financial Performance
    - Market Strategies
  - Argon Medical Devices Inc.
    - Company Highlights
    - Product Portfolio
    - Key Highlights
    - Financial Performance
    - Market Strategies
  - Novo Nordisk A/S
    - Company Highlights
    - Product Portfolio
    - Key Highlights
    - Financial Performance
    - Market Strategies
  - Terumo Corporation
    - Company Highlights
    - Product Portfolio
    - Key Highlights
    - Financial Performance
    - Market Strategies
  - Eli Lilly and Company
    - Company Highlights
    - Product Portfolio
    - Key Highlights
    - Financial Performance
    - Market Strategies
  - Nipro Corporation
    - Company Highlights
    - Product Portfolio
    - Key Highlights
    - Financial Performance
    - Market Strategies
  - Braun Melsungen AG
    - Company Highlights
    - Product Portfolio
    - Key Highlights
    - Financial Performance
    - Market Strategies
  - Revolutions Medical Corporation
    - Company Highlights
    - Product Portfolio
    - Key Highlights
    - Financial Performance
    - Market Strategies
  - Retractable Technologies, Inc.
    - Company Highlights
    - Product Portfolio
    - Key Highlights
    - Financial Performance
    - Market Strategies
  - SOL-MILLENNUM
    - Company Highlights
    - Product Portfolio
    - Key Highlights
    - Financial Performance
    - Market Strategies
  - UltiMed, Inc.
    - Company Highlights
    - Product Portfolio
    - Key Highlights
    - Financial Performance
    - Market Strategies
  - Axel Bio Corporation, Inc.
    - Company Highlights
    - Product Portfolio
    - Key Highlights
    - Financial Performance
    - Market Strategies
  - Cardinal Health, Inc.
    - Company Highlights
    - Product Portfolio
    - Key Highlights
    - Financial Performance
    - Market Strategies
  - Vygon S.A.
    - Company Highlights
    - Product Portfolio
    - Key Highlights
    - Financial Performance
    - Market Strategies
  - Gerresheimer AG
    - Company Highlights
    - Product Portfolio
    - Key Highlights
    - Financial Performance
    - Market Strategies
  - Analysts’ Views
Section
- Research Methodology
- About Us

*Browse 9 market data tables and 33 figures on “U.S. Safety Needles Market” - U.S. forecast to 2030

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