PRN: Global Hypodermic Needle Market Growth and Demand 2016-2022: Adoption Of Hypodermic Needles in Emerging Markets Presents Opportunity - Research and Markets
10/mar/2017 18:30:12 PR Newswire Turismo Contatta l'autore
Global Hypodermic Needle Market Growth and Demand 2016-2022: Adoption Of Hypodermic Needles in Emerging Markets Presents Opportunity - Research and Markets |
| [10-March-2017] |
| DUBLIN, Mar. 10, 2017 /PRNewswire/ -- Research and Markets has announced the addition of the "Global Hypodermic Needle Market Size, Share, Development, Growth and Demand Forecast to 2022" report to their offering. The global hypodermic market is expected to grow at a CAGR of 7.4% during 2016 - 2022. Hypodermic needles are mainly of two types - safety hypodermic needle and non-safety hypodermic needle. Safety hypodermic needles have safety mechanism to prevent healthcare professional from exposure to needle stick injuries. However, the non-safety hypodermic needles refer to the conventional syringe needles which lacked safety mechanisms, and have higher chances of needle stick injuries. The growing geriatric population, increasing prevalence of chronic and lifestyle associated diseases, increasing demand for vaccines, and increasing compliance for safety needles are the key factors driving the growth of the global market. The innovation for safety from needle stick is the major concern for regulatory bodies, as the number of logged needle stick injuries in healthcare workers is high. Therefore, new regulation in various regions would mandate the complete use of safety hypodermic needle to prevent needle stick injuries. For instance, WHO hosts and coordinates the Safe Injection Global Network (SIGN) to promote and sustain injection safety worldwide. The safety needles have two modes of activation - passive and active, where passive hypodermic needle led the global safety hypodermic needle market in 2015. The passive hypodermic needle is also expected to witness higher growth during the forecast period due to its several advantages over conventional hypodermic needles. Automatic safety mechanisms and ease of use are the key growth drivers for the global passive hypodermic needle market. Market Outlook Opportunities In The Global Hypodermic Needle Market
Factors Driving The Growth Of The Market And Its Impact On Market Forecast
Factors Hindering Growth Of The Market And Its Impact On Market Forecast
Some of the players operating in the global market include
For more information about this report visit http://www.researchandmarkets.com/research/3cjkrk/global_hypodermic Media Contact: Laura Wood, Senior Manager  |