Asia Pacific 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)
The Asia Pacific hypodermic needles market is expected to reach US$ 1,092.6 million by 2028 from US$ 668.7 million in 2021. The market is estimated to grow at a CAGR of 7.3% from 2021–2028.
As per the CDC, direct costs for testing and treatment can range from US$ 500 to US$ 3,000 per injury. Safety needles are designed to deliver drugs by maintaining safety features for avoiding needlestick injuries. Safety-engineered devices protect healthcare workers from avoidable needlestick injury and risk of infection with Hepatitis or even HIV. Introducing safety devices is essential to remove unnecessary risks from the healthcare professional’s working environment. The demand for safety hypodermic needles is likely to increase with the rising popularity of safety syringes and needles supported by the Needlestick Safety and Prevention Act that reduces unnecessary costs and needlestick injuries. The enforcement of such legislation will stimulate demand for Asia Pacific hypodermic needles market in the coming years.
The demand for hypodermic needles is growing continuously as the demand for the vaccine is increasing for COVID-19. Thus, the market players are actively involved in the market development activities in the COVID-19 pandemic. For instance, In April 2021, Misawa Medical Industry Co., Ltd. has developed "Low Dead Space Needles," which can reduce the quantity of medicinal liquid left in the syringe and will begin selling them in Japan on April 1, 2021. This eliminates the need for a particular syringe and reduces the "dead space" in which the liquid lingers in the syringe. Furthermore, one vial of the new COVID vaccines developed by Pfizer Inc can offer six injections. In June 2020, Misawa Medical Industry Co., Ltd. extended its needle manufacturing facilities, boosting its annual production capacity from 1.9 billion to 3 billion pieces. The company is currently strengthening the vaccine needle production system while employing other product production lines, and the company will continue to make efforts to make vaccination easier.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the hypodermic needles market. The Asia Pacific hypodermic needles market is expected to grow at a good CAGR during the forecast period.
Asia Pacific Hypodermic Needles Market Revenue and Forecast to 2028 (US$ Million)
Asia Pacific Hypodermic Needles Market Segmentation
By Type
- Safety Needles
- Retractable Needles
- Non-retractable Needles
- Non-safety Needles
By Application
- Drug Delivery
- Vaccination
- Blood Specimen Collection
By End User
- Hospitals and Clinics
- Diagnostic Centers
- Home Health Care
By Usage
- Disposable
- Reusable
By Country
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
Companies Mentioned
- Terumo Corporation
- BD
- B. Braun Melsungen AG
- Catalent Inc
- Cardinal Health Inc
- Vygon
- Barber of Sheffield
- Nipro Corp.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Asia Pacific Hypodermic Needles Market – By Type
1.3.2 Asia Pacific Hypodermic Needles Market – By Application
1.3.3 Asia Pacific Hypodermic Needles Market – By End User
1.3.4 Asia Pacific Hypodermic Needles Market – By Usage
1.3.5 Asia Pacific Hypodermic Needles Market – By Country
2. Asia Pacific 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 Asia Pacific – 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 – Asia Pacific Analysis
6.1 Asia Pacific 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 Asia Pacific 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. Asia Pacific Hypodermic Needles Market Geographic Analysis
11.1 Asia Pacific: Hypodermic Needles Market
11.1.1 Overview
11.1.2 Asia Pacific: Hypodermic Needles Market, by Country, 2021 & 2028 (%)
11.1.2.1 China: Hypodermic Needles Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.1.1 China: Hypodermic Needles Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.1.2 China: Hypodermic Needles Market, by Type – Revenue and Forecast to 2028 (US$ Million)
11.1.2.1.2.1 China: Hypodermic Needles Market, by Safety Needles, 2019–2028 (US$ Million)
11.1.2.1.3 China: Hypodermic Needles Market, by Application, 2019–2028 (US$ Million)
11.1.2.1.4 China: Hypodermic Needles Market, by Usage, 2019–2028 (US$ Million)
11.1.2.1.5 China: Hypodermic Needles Market, by End User, 2019–2028 (US$ Million)
11.1.2.2 Japan: Hypodermic Needles Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.2.1 Japan: Hypodermic Needles Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.2.2 Japan: Hypodermic Needles Market, by Type – Revenue and Forecast to 2028 (US$ Million)
11.1.2.2.2.1 Japan: Hypodermic Needles Market, by Safety Needles, 2019–2028 (US$ Million)
11.1.2.2.3 Japan: Hypodermic Needles Market, by Application, 2019–2028 (US$ Million)
11.1.2.2.4 Japan: Hypodermic Needles Market, by Usage, 2019–2028 (US$ Million)
11.1.2.2.5 Japan: Hypodermic Needles Market, by End User, 2019–2028 (US$ Million)
11.1.2.3 India: Hypodermic Needles Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.3.1 India: Hypodermic Needles Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.3.2 India: Hypodermic Needles Market, by Type – Revenue and Forecast to 2028 (US$ Million)
11.1.2.3.2.1 India: Hypodermic Needles Market, by Safety Needles, 2019–2028 (US$ Million)
11.1.2.3.3 India: Hypodermic Needles Market, by Application, 2019–2028 (US$ Million)
11.1.2.3.4 India: Hypodermic Needles Market, by Usage, 2019–2028 (US$ Million)
11.1.2.3.5 India: Hypodermic Needles Market, by End User, 2019–2028 (US$ Million)
11.1.2.4 South Korea: Hypodermic Needles Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.4.1 South Korea: Hypodermic Needles Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.4.2 South Korea: Hypodermic Needles Market, by Type – Revenue and Forecast to 2028 (US$ Million)
11.1.2.4.2.1 South Korea: Hypodermic Needles Market, by Safety Needles, 2019–2028 (US$ Million)
11.1.2.4.3 South Korea: Hypodermic Needles Market, by Application, 2019–2028 (US$ Million)
11.1.2.4.4 South Korea: Hypodermic Needles Market, by Usage, 2019–2028 (US$ Million)
11.1.2.4.5 South Korea: Hypodermic Needles Market, by End User, 2019–2028 (US$ Million)
11.1.2.5 Australia: Hypodermic Needles Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.5.1 Australia: Hypodermic Needles Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.5.2 Australia: Hypodermic Needles Market, by Type – Revenue and Forecast to 2028 (US$ Million)
11.1.2.5.2.1 Australia: Hypodermic Needles Market, by Safety Needles, 2019–2028 (US$ Million)
11.1.2.5.3 Australia: Hypodermic Needles Market, by Application, 2019–2028 (US$ Million)
11.1.2.5.4 Australia: Hypodermic Needles Market, by Usage, 2019–2028 (US$ Million)
11.1.2.5.5 Australia: Hypodermic Needles Market, by End User, 2019–2028 (US$ Million)
11.1.2.6 Rest of Asia Pacific: Hypodermic Needles Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.6.1 Rest of Asia Pacific: Hypodermic Needles Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.6.2 Rest of Asia Pacific: Hypodermic Needles Market, by Type – Revenue and Forecast to 2028 (US$ Million)
11.1.2.6.2.1 Rest of Asia Pacific: Hypodermic Needles Market, by Safety Needles, 2019–2028 (US$ Million)
11.1.2.6.3 Rest of Asia Pacific: Hypodermic Needles Market, by Application, 2019–2028 (US$ Million)
11.1.2.6.4 Rest of Asia Pacific: Hypodermic Needles Market, by Usage, 2019–2028 (US$ Million)
11.1.2.6.5 Rest of Asia Pacific: Hypodermic Needles Market, by End User, 2019–2028 (US$ Million)
12. Impact Of COVID-19 Pandemic on Hypodermic Needles Market
12.1 Asia Pacific: 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 Nipro Corp.
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
14.8 Barber of Sheffield
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
15. Appendix
15.1 About The Insight Partners
15.2 Glossary of Terms
LIST OF TABLES
Table 1. China: Hypodermic Needles Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 2. China: Hypodermic Needles Market, by Safety Needles– Revenue and Forecast to 2028 (US$ Million)
Table 3. China: Hypodermic Needles Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 4. China: Hypodermic Needles Market, by Usage – Revenue and Forecast to 2028 (US$ Million)
Table 5. China: Hypodermic Needles Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 6. Japan: Hypodermic Needles Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. Japan: Hypodermic Needles Market, by Safety Needles– Revenue and Forecast to 2028 (US$ Million)
Table 8. Japan: Hypodermic Needles Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 9. Japan: Hypodermic Needles Market, by Usage – Revenue and Forecast to 2028 (US$ Million)
Table 10. Japan: Hypodermic Needles Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 11. India: Hypodermic Needles Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. India: Hypodermic Needles Market, by Safety Needles– Revenue and Forecast to 2028 (US$ Million)
Table 13. India: Hypodermic Needles Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 14. India: Hypodermic Needles Market, by Usage – Revenue and Forecast to 2028 (US$ Million)
Table 15. India: Hypodermic Needles Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 16. South Korea: Hypodermic Needles Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 17. South Korea: Hypodermic Needles Market, by Safety Needles– Revenue and Forecast to 2028 (US$ Million)
Table 18. South Korea: Hypodermic Needles Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 19. South Korea: Hypodermic Needles Market, by Usage – Revenue and Forecast to 2028 (US$ Million)
Table 20. South Korea: Hypodermic Needles Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 21. Australia: Hypodermic Needles Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 22. Australia: Hypodermic Needles Market, by Safety Needles– Revenue and Forecast to 2028 (US$ Million)
Table 23. Australia: Hypodermic Needles Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 24. Australia: Hypodermic Needles Market, by Usage – Revenue and Forecast to 2028 (US$ Million)
Table 25. Australia: Hypodermic Needles Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 26. Rest of Asia Pacific: Hypodermic Needles Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 27. Rest of Asia Pacific: Hypodermic Needles Market, by Safety Needles– Revenue and Forecast to 2028 (US$ Million)
Table 28. Rest of Asia Pacific: Hypodermic Needles Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 29. Rest of Asia Pacific: Hypodermic Needles Market, by Usage – Revenue and Forecast to 2028 (US$ Million)
Table 30. Rest of Asia Pacific: 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. Asia Pacific Hypodermic Needles Market Overview
Figure 3. Safety Needles Held the Largest Share of the Type Segment in Asia Pacific Hypodermic Needles Market
Figure 4. Japan to Show Significant Growth During Forecast Period
Figure 5. Asia Pacific Hypodermic Needles Market, Industry Landscape
Figure 6. Asia Pacific PEST Analysis
Figure 7. Hypodermic Needles Market Impact Analysis of Drivers and Restraints
Figure 8. Asia Pacific 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. Asia Pacific 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. Asia Pacific: Hypodermic Needles Market, by Key Country – Revenue (2021) (US$ Million)
Figure 26. Asia Pacific: Hypodermic Needles Market, by Country, 2021 & 2028 (%)
Figure 27. China: Hypodermic Needles Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Japan: Hypodermic Needles Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. India: Hypodermic Needles Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. South Korea: Hypodermic Needles Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Australia: Hypodermic Needles Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Rest of Asia Pacific: Hypodermic Needles Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. Impact of COVID-19 Pandemic in Asia Pacific 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
- Nipro Corp.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific hypodermic needles market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific hypodermic needles market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.