According to our latest study on “Hypodermic Needles Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type, Application, End User, and Usage,” the market is projected to reach US$ 5,529.28 million by 2028 from US$ 3,519.53 million in 2021; it is expected to grow at a CAGR of 6.7% from 2021 to 2028. The report highlights the key factors driving the market growth and prominent players with their developments in the market. The growth of the hypodermic needles market is primarily attributed to the increasing prevalence of chronic diseases and surging demand for vaccines. However, the availability of alternatives hinders the market growth.

Based on type, the hypodermic needles market is bifurcated into safety needles and non-safety needles. The market for  the safety needles segment is further bifurcated into retractable needles and non-retractable needles. The safety needles segment held a larger share of the market in 2021 and is expected to register a higher CAGR in the market during the forecast period.

Top Companies Analysis- EXELINT International, Co.; Terumo Corporation; BD; B. Braun Melsungen AG; Catalent Inc; Cardinal Health Inc; Vita Needle Company; Connecticut Hypodermics Inc.; Vygon; Nipro; Barber of Sheffield; RETRACTABLE TECHNOLOGIES, INC.; and AIR-TITE PRODUCTS CO., INC. are a few leading companies operating in the hypodermic needles market.

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