Portland, OR -- (SBWIRE) -- 09/05/2017 -- Allied Market Research recently published a report titled global hypodermic needles market. The market was valued at $2,396 million in 2015 and will gain a profit of $3,842 million by 2022. The compound annual growth rate currently is 6.9% for the forecast period of 2016–2022. The report opens with a brief description of the market, key benefits, key market segments, and the various research methodology that was undertaken up to conduct this study.

The market overview provides comprehensive insights on topics of market definition and scope, key findings, Porter's Five Force Analysis, government regulations, and market dynamics that influence the market. The key findings include information on top investment pockets and top winning strategies. Market dynamics include drivers, opportunities, and restraints. Factors such as a rise in needle-stick injuries, increase in consumptions of vaccines and injectable drugs, active government initiatives, and rise in the application of infusion therapies have been identified as the drivers. Opportunities such as high prevalence of blood borne disease and profitable opportunities for emerging economies can push the market growth. On the other hand, restraints such as high cost of safety hypodermic needles and alternative modes of drug delivery, and limited awareness of hypodermic needles in emerging economies can be some of the drawbacks that the report sheds light on.

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The hypodermic needle market has been segregated on the basis of product type, product application, and by the end user. Topics of market trends, growth, and opportunities, size and forecast have been touched for each of the segregation.
Geographic analysis has been done for areas of North America, Asia-Pacific, Europe, and LAMEA. Key market trends, growth, and opportunities, size and forecast have been highlighted for each of the countries.

Key market players outlined in the report are Becton, Dickinson And Company, B. Braun Melsungen Ag, Catalent Inc, Connecticut Hypodermics Inc, EXELINT International Co, MedPro Safety Products Inc, Medtronic Plc, Retractable Technologies Inc, Smiths Group Plc, Terumo Medical Corporation. The report highlights the company overview, their operating business segments, business performance including their financial gains, and important strategies and developments.

This market provides valuable insights and information for key market players and investors who are planning to grab the lucrative investment pockets. The descriptive facts and figures will help them make critical decisions regarding their business plans.

Important Key Points to Be Noted from The Global Hypodermic Needles Market Report:
- A quantitative analysis made for the forecast period of 2016–2022 includes current trends, opportunities, restraints, important drivers, and lucrative investment pockets.
- The report provides detailed insights on each of the key market players and the competitive scenario. This includes their strategies and company overview.
- The Porter's Five Force analysis interprets the bargaining power of suppliers and buyers, threat of new market players, and rivalries among various players on a global and local level.
- The report also mentions about the various government initiative undertaken to boost the market.

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https://www.alliedmarketresearch.com/hypodermic-needles-market