The global Hypodermic Needles Market is expected to grow at a 7% compound annual growth rate (CAGR) from USD 6.82 billion in 2018 to USD 9.47 billion in 2026. The global needles market is being driven by a growing elderly population, an increase in the number of hospitals in emerging regions, a high frequency of chronic diseases, and increased demand for vaccines.
The needles market is divided into types, products, materials, delivery modes, and end users in this study.
The worldwide Hypodermic Needles Market is divided into two broad categories based on type: conventional needles and safety needles. Because of rising awareness about the usage of safety syringes and the desire to prevent needlestick injuries, the global safety needles market is predicted to rise at a faster CAGR from 2018 to 2026.
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