Europe Hypodermic Needles Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Safety Needles, and Non-safety Needles), Application (Drug Delivery, Vaccination, and Blood Specimen Collection), End-Users (Diagnostic Centers, Hospitals and Clinics, and Home Health Care), and Usage (Disposable, and Reusable)
Market Introduction
The safety needles market is anticipated to grow in the forecast period owing to driving factors such as high prevalence of blood-borne disease, active government participation to implement stringent regulations, increase in demand for injectable drugs & vaccines and untapped potential in the emerging economies. Nevertheless, high cost of safety needles and alternative drug delivery options are expected to hamper the market growth during the forecast period.
Moreover, the surge in demand for vaccines is expected to bolster the market growth during the forecast period.
The COVID-19 Pandemic has necessitated rapid vaccine development for the control of the disease. Most vaccinations, including those currently approved for COVID-19, are administered intramuscularly and subcutaneously using hypodermic needles. Similarly, In March 2021, Catalent Expanded its Partnership with Johnson & Johnson to Significantly Increase Capacity for Sterile Manufacturing and Packaging of COVID-19 Vaccine in Italy. Catalent announced Catalent Biologics would significantly increase the manufacturing capacity for large-scale commercial supply of Janssen’s COVID-19 vaccine at Catalent’s manufacturing facility in Anagni, Italy. Thus, the Europe hypodermic needles market is positively impacted due to COVID-19.
Market Overview and Dynamics
The Europe hypodermic needles market is expected to reach US$ 1502.9 million by 2028 from US$ 985.8 million in 2021. The market is estimated to grow at a CAGR of 6.2% from 2021–2028. Manufacturers in the hypodermic needles market are raising the availability of precision-engineered needles and needlestick prevention technologies to excel in challenging applications. Companies are providing safe designs and less painful injections to ensure therapeutic success. Hypodermic needles are undergoing controlled manufacturing and robust inspection for quality assurance to face the competition placed by needle-free injectors. For instance, in April 2021, Misawa Medical Industry Co., Ltd. launched "low dead space needles" to reduce the amount of medicinal liquid remaining inside the syringe. This decreases the dead space, in which the liquid remains in the syringe without using a special syringe, reducing the therapeutic drug's wastage.
Key Market Segments
In terms of type, the safety needles segment accounted for the largest share of the Europe hypodermic needles market in 2020. In terms of application, the drug delivery segment accounted for the largest share of the Europe hypodermic needles market in 2020. In terms of end user, the hospital segment accounted for the largest share of the Europe hypodermic needles market in 2020. Further, based on usage, the disposable segment held the largest market share in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the hypodermic needles market in Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Terumo Corporation, BD, B. Braun Melsungen AG, Catalent Inc., Cardinal Health Inc., Vygon, and Barber of Sheffield.
Reasons to Buy Report
- To understand the Europe hypodermic needles market landscape and identify market segments that are likely to guarantee a strong return
- To comprehend the ever-changing market landscape and stay ahead in competition
- To efficiently plan merger and acquisition, and partnership deals in the Europe hypodermic needles market by identifying segments with the most promising probable sales
- To make knowledgeable business decisions from perceptive and comprehensive analysis of the market performance of various segments
- To obtain market revenue forecast of the Europe hypodermic needles market based on various segments for the period 2021–2028
EUROPE HYPODERMIC NEEDLES MARKET SEGMENTATION
- Safety Needles
- Retractable Needles
- Non-retractable Needles
- Non-safety Needles
- Drug Delivery
- Vaccination
- Blood Specimen Collection
- Hospitals and Clinics
- Diagnostic Centers
- Home Health Care
- Disposable
- Reusable
By Country
- Europe
- • Germany
- • UK
- • France
- • Spain
- • Italy
- • Rest of Europe
Companies Mentioned
- Terumo Corporation
- BD
- B. Braun Melsungen AG
- Catalent Inc
- Cardinal Health Inc
- Vygon
- Barber of Sheffield
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Hypodermic Needles Market – By Type
1.3.2 Europe Hypodermic Needles Market – By Application
1.3.3 Europe Hypodermic Needles Market – By End User
1.3.4 Europe Hypodermic Needles Market – By Usage
1.3.5 Europe Hypodermic Needles Market – By Country
2. Europe Hypodermic Needles Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Hypodermic Needles Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Europe – PEST Analysis
4.3 Experts Opinion
5. Hypodermic Needles Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Prevalence of Chronic Diseases
5.1.2 Surge in Demand for Vaccines
5.2 Market Restraints
5.2.1 Availability of Alternatives
5.3 Market Opportunities
5.3.1 Rising Use of Safety Needles Worldwide
5.4 Future Trends
5.4.1 Technological Advancements in Design of Hypodermic Needles
5.5 Impact Analysis
6. Hypodermic Needles Market – Europe Analysis
6.1 Europe Hypodermic Needles Market Revenue Forecast and Analysis
7. Hypodermic Needles Market Analysis– by Type
7.1 Overview
7.2 Hypodermic Needles Market Revenue Share, by Type (2020 & 2028)
7.3 Safety Needles
7.3.1 Overview
7.3.2 Safety Needles: Hypodermic Needles Market Revenue and Forecast to 2028 (US$ Mn)
7.3.3 Retractable Needles
7.3.3.1 Overview
7.3.3.2 Retractable Needles: Hypodermic Needles Market Revenue and Forecast to 2028 (US$ Mn)
7.3.4 Non-retractable Needles
7.3.4.1 Overview
7.3.4.2 Non-retractable Needles: Hypodermic Needles Market Revenue and Forecast to 2028 (US$ Mn)
7.4 Non-safety Needles
7.4.1 Overview
7.4.2 Non-safety Needles: Hypodermic Needles Market Revenue and Forecast to 2028 (US$ Mn)
8. Hypodermic Needles Market Analysis – by Application
8.1 Overview
8.2 Hypodermic Needles Market Revenue Share, by Application (2020 & 2028)
8.3 Drug Delivery
8.3.1 Overview
8.3.2 Drug Delivery: Hypodermic Needles Market Revenue and Forecast to 2028 (US$ Mn)
8.4 Vaccination
8.4.1 Overview
8.4.2 Vaccination: Hypodermic Needles Market Revenue and Forecast to 2028 (US$ Mn)
8.5 Blood Specimen Collection
8.5.1 Overview
8.5.2 Blood Specimen Collection: Hypodermic Needles Market Revenue and Forecast to 2028 (US$ Mn)
9. Hypodermic Needles Market Analysis– by End User
9.1 Overview
9.2 Hypodermic Needles Market Revenue Share, by End User (2020 & 2028)
9.3 Hospitals and Clinics
9.3.1 Overview
9.3.2 Hospitals and Clinics: Hypodermic Needles Market Revenue and Forecast to 2028 (US$ Mn)
9.4 Diagnostic Centers
9.4.1 Overview
9.4.2 Diagnostic Centers: Hypodermic Needles Market Revenue and Forecast to 2028 (US$ Mn)
9.5 Home Health Care
9.5.1 Overview
9.5.2 Home Health Care: Hypodermic Needles Market Revenue and Forecast to 2028 (US$ Mn)
10. Hypodermic Needles Market Analysis– by Usage
10.1 Overview
10.2 Europe Hypodermic Needles Market Share by Usage 2020 & 2028 (%)
10.3 Disposable
10.3.1 Overview
10.3.2 Disposable: Hypodermic Needles Market Revenue and Forecast to 2028 (US$ Mn)
10.4 Reusable
10.4.1 Overview
10.4.2 Reusable: Hypodermic Needles Market Revenue and Forecast to 2028 (US$ Mn)
11. Europe Hypodermic Needles Market Geographic Analysis
11.1 Europe: Hypodermic Needles Market
11.1.1 Overview
11.1.2 Europe: Hypodermic Needles Market, by Country, 2021 & 2028 (%)
11.1.2.1 Germany: Hypodermic Needles Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.1.1 Germany: Hypodermic Needles Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.1.2 Germany: Hypodermic Needles Market, by Type, 2019–2028 (US$ Million)
11.1.2.1.2.1 Germany: Hypodermic Needles Market, by Safety Needles, 2019–2028 (US$ Million)
11.1.2.1.3 Germany: Hypodermic Needles Market, by Application, 2019–2028 (US$ Million)
11.1.2.1.4 Germany: Hypodermic Needles Market, by Usage, 2019–2028 (US$ Million)
11.1.2.1.5 Germany: Hypodermic Needles Market, by End User, 2019–2028 (US$ Million)
11.1.2.2 France: Hypodermic Needles Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.2.1 France: Hypodermic Needles Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.2.2 France: Hypodermic Needles Market, by Type, 2019–2028 (US$ Million)
11.1.2.2.2.1 France: Hypodermic Needles Market, by Safety Needles, 2019–2028 (US$ Million)
11.1.2.2.3 France: Hypodermic Needles Market, by Application, 2019–2028 (US$ Million)
11.1.2.2.4 France: Hypodermic Needles Market, by Usage, 2019–2028 (US$ Million)
11.1.2.2.5 France: Hypodermic Needles Market, by End user, 2019–2028 (US$ Million)
11.1.2.3 UK: Hypodermic Needles Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.3.1 UK: Hypodermic Needles Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.3.2 UK: Hypodermic Needles Market, by Type, 2019–2028 (US$ Million)
11.1.2.3.2.1 UK: Hypodermic Needles Market, by Safety Needles, 2019–2028 (US$ Million)
11.1.2.3.3 UK: Hypodermic Needles Market, by Application, 2019–2028 (US$ Million)
11.1.2.3.4 UK: Hypodermic Needles Market, by Usage, 2019–2028 (US$ Million)
11.1.2.3.5 UK: Hypodermic Needles Market, by End User, 2019–2028 (US$ Million)
11.1.2.4 Italy: Hypodermic Needles Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.4.1 Italy: Hypodermic Needles Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.4.2 Italy: Hypodermic Needles Market, by Type, 2019–2028 (US$ Million)
11.1.2.4.2.1 Italy: Hypodermic Needles Market, by Safety Needles, 2019–2028 (US$ Million)
11.1.2.4.3 Italy: Hypodermic Needles Market, by Application, 2019-2028 (US$ Million)
11.1.2.4.4 Italy: Hypodermic Needles Market, by Usage, 2019-2028 (US$ Million)
11.1.2.4.5 Italy: Hypodermic Needles Market, by End User, 2019-2028 (US$ Million)
11.1.2.5 Spain: Hypodermic Needles Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.5.1 Spain: Hypodermic Needles Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.5.2 Spain: Hypodermic Needles Market, by Type, 2019–2028 (US$ Million)
11.1.2.5.2.1 Spain: Hypodermic Needles Market, by Safety Needles, 2019–2028 (US$ Million)
11.1.2.5.3 Spain: Hypodermic Needles Market, by Application, 2019–2028 (US$ Million)
11.1.2.5.4 Spain: Hypodermic Needles Market, by Usage, 2019–2028 (US$ Million)
11.1.2.5.5 Spain: Hypodermic Needles Market, by End User, 2019–2028 (US$ Million)
11.1.2.6 Rest of Europe: Hypodermic Needles Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.6.1 Rest of Europe: Hypodermic Needles Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.6.2 Rest of Europe: Hypodermic Needles Market, by Type, 2019–2028 (US$ Million)
11.1.2.6.2.1 Rest of Europe: Hypodermic Needles Market, by Safety Needles, 2019–2028 (US$ Million)
11.1.2.6.3 Rest of Europe: Hypodermic Needles Market, by Application, 2019–2028 (US$ Million)
11.1.2.6.4 Rest of Europe: Hypodermic Needles Market, by Usage, 2019–2028 (US$ Million)
11.1.2.6.5 Rest of Europe: Hypodermic Needles Market, By End User, 2019–2028 (US$ Million)
12. Impact Of COVID-19 Pandemic on Hypodermic Needles Market
12.1 Europe: Impact Assessment of COVID-19 Pandemic
13. Hypodermic Needles Market –Industry Landscape
13.1 Overview
13.2 Growth Strategies Done by the Companies in the Market, (%)
13.3 Organic Developments
13.3.1 Overview
13.4 Inorganic Developments
13.4.1 Overview
14. Company Profiles
14.1 Terumo Corporation
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 BD
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 B. Braun Melsungen AG
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Catalent Inc.
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Cardinal Health Inc.
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Vygon
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Barber of Sheffield
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
15. Appendix
15.1 About The Insight Partners
15.2 Glossary of Terms
LIST OF TABLES
Table 1. Germany: Hypodermic Needles Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 2. Germany: Hypodermic Needles Market, by Safety Needles – Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany: Hypodermic Needles Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 4. Germany: Hypodermic Needles Market, by Usage – Revenue and Forecast to 2028 (US$ Million)
Table 5. Germany: Hypodermic Needles Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 6. France: Hypodermic Needles Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. France: Hypodermic Needles Market, by Safety Needles – Revenue and Forecast to 2028 (US$ Million)
Table 8. France: Hypodermic Needles Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 9. France: Hypodermic Needles Market, by Usage – Revenue and Forecast to 2028 (US$ Million)
Table 10. France: Hypodermic Needles Market, by End user – Revenue and Forecast to 2028 (US$ Million)
Table 11. UK: Hypodermic Needles Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. UK: Hypodermic Needles Market, by Safety Needles – Revenue and Forecast to 2028 (US$ Million)
Table 13. UK: Hypodermic Needles Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 14. UK: Hypodermic Needles Market, by Usage – Revenue and Forecast to 2028 (US$ Million)
Table 15. UK: Hypodermic Needles Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 16. Italy: Hypodermic Needles Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 17. Italy: Hypodermic Needles Market, by Safety Needles – Revenue and Forecast to 2028 (US$ Million)
Table 18. Italy: Hypodermic Needles Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 19. Italy: Hypodermic Needles Market, by Usage – Revenue and Forecast to 2028 (US$ Million)
Table 20. Italy: Hypodermic Needles Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 21. Spain: Hypodermic Needles Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 22. Spain: Hypodermic Needles Market, by Safety Needles – Revenue and Forecast to 2028 (US$ Million)
Table 23. Spain: Hypodermic Needles Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 24. Spain: Hypodermic Needles Market, by Usage – Revenue and Forecast to 2028 (US$ Million)
Table 25. Spain: Hypodermic Needles Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 26. Rest of Europe: Hypodermic Needles Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 27. Rest of Europe: Hypodermic Needles Market, by Safety Needles– Revenue and Forecast to 2028 (US$ Million)
Table 28. Rest of Europe: Hypodermic Needles Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 29. Rest of Europe: Hypodermic Needles Market, by Usage – Revenue and Forecast to 2028 (US$ Million)
Table 30. Rest of Europe: Hypodermic Needles Market, By End User – Revenue and Forecast to 2028 (US$ Million)
Table 31. Organic Developments Done by Companies
Table 32. Inorganic Developments Done by Companies
Table 33. Glossary of Terms, Hypodermic Needles Market
LIST OF FIGURES
Figure 1. Hypodermic Needles Market Segmentation
Figure 2. Europe Hypodermic Needles Market Overview
Figure 3. Safety Needles Held the Largest Share of the Type Segment in Europe Hypodermic Needles Market
Figure 4. UK to Show Significant Growth During Forecast Period
Figure 5. Europe Hypodermic Needles Market, Industry Landscape
Figure 6. Europe PEST Analysis
Figure 7. Hypodermic Needles Market Impact Analysis of Drivers and Restraints
Figure 8. Europe Hypodermic Needles Market – Revenue Forecast and Analysis – 2020- 2028
Figure 9. Hypodermic Needles Market Revenue Share, by Type (2020 & 2028)
Figure 10. Safety Needles: Hypodermic Needles Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 11. Retractable Needles: Hypodermic Needles Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 12. Non-retractable Needles: Hypodermic Needles Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 13. Non-safety Needles: Hypodermic Needles Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 14. Hypodermic Needles Market Revenue Share, by Application (2020 & 2028)
Figure 15. Drug Delivery: Hypodermic Needles Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 16. Vaccination: Hypodermic Needles Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 17. Blood Specimen Collection: Hypodermic Needles Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 18. Hypodermic Needles Market Revenue Share, by End User (2020 & 2028)
Figure 19. Hospitals and Clinics: Hypodermic Needles Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 20. Diagnostic Centers: Hypodermic Needles Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 21. Home Health Care: Hypodermic Needles Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 22. Europe Hypodermic Needles Market Share by Usage 2020 & 2028 (%)
Figure 23. Disposable: Hypodermic Needles Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 24. Reusable: Hypodermic Needles Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 25. Europe: Hypodermic Needles Market, by Key Country – Revenue (2021) (US$ Million)
Figure 26. Europe: Hypodermic Needles Market, by Country, 2021 & 2028 (%)
Figure 27. Germany: Hypodermic Needles Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. France: Hypodermic Needles Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. UK: Hypodermic Needles Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Italy: Hypodermic Needles Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Spain: Hypodermic Needles Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Rest of Europe: Hypodermic Needles Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. Impact of COVID-19 Pandemic in European Country Markets
Figure 34. Growth Strategies Done by the Companies in the Market, (%)
- Terumo Corporation
- BD
- B. Braun Melsungen AG
- Catalent Inc
- Cardinal Health Inc
- Vygon
- Barber of Sheffield
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