Europe Needles Market is Growing with a CAGR of 7.2% in the Forecast Period of 2021 to 2028

Europe Needles Market is growing with factors such as rising incidence of chronic diseases especially cancer and growing geriatric population. Increasing demand for vaccines and increasing ophthalmic disorders also acts as a major factor for the growth of the market.

However, the usage of needle free injection technology and complication associated with needle stick injuries has decreased the demand of the market.

Europe Needles Market Scenario                                            

According to Data Bridge Market Research, the market for Europe needles in Germany has the highest market share followed by U.K. Market leader is BD which accounts an estimated market share of approximately 29.32% in the Europe market. The company has gained outstanding sale by providing novel needles products.

  • In December 2017, BD announced in their website that company made strategic acquisition with C. R. Bard, Inc. for USD 16 Billion was done to improve both company’s treatment process for diseases to get better patient outcomes, thereby anticipated in improving company’s overall presence and income.

Europe Needles MarketTrends Impacting the Market

Now the question is which other regions BD, B. Braun Melsungen AG and Thermo Fisher Scientific Inc. are targeting? Data Bridge Market Research has forecasted a large growth in Europe needles market and the market leaders targeting Germany, U.K. and Italy to be their next pocket revenue for 2021.

The needles market is becoming more competitive with companies like BD, B. Braun Melsungen AG and Thermo Fisher Scientific Inc. These are the top dominating companies in needles market and have launched novel products, services and consumables in the market. The data bridge market research new reports highlight the major growth factors and opportunities in the Europe needles market.

For more analysis on the Europe needles market request for a briefing with our analysts

Needles Market Developments  

  • In April 2021, BD announced that the company will be presenting in virtual investor healthcare conferences “The Bank of America Securities 2021 Virtual Healthcare Conference” and ‘The UBS Global Healthcare Virtual Conference”. This helped company in gaining more customers globally, and improved revenue for future market.
  • In August 2019, YPSOMED opened new and renovated buildings in their headquarters in Burgdorf of Switzerland. This is expected to increase company’s manufacturing capacity in Europe.

Scope of the Needles Market

Europe needles market is segmented on the basis of countries into the U.K., Germany, Hungary, Lithuania, Austria, Ireland, Norway, Poland, France, Spain, Italy, Netherlands, Switzerland, Russia, Turkey and Rest of Europe.

All country based analysis of the Europe needles market is further analyzed based on maximum granularity into further segmentation. On the basis of type, the Europe needles market is segmented into conventional needles and safety needles. On the basis of product type, the Europe needles market is segmented into suture needles, blood collection needles, ophthalmic needles, dental needles, insufflation needles, pen needles and others. On the basis of material, the Europe needles market is segmented into stainless steel, plastic needles, glass needles and peek needles. On the basis of delivery mode, the Europe needles market is segmented into hypodermic needles, intravenous needles, intramuscular needles and intraperitoneal needles. On the basis of end-users, the Europe needles market is segmented into hospitals, diagnostic centers, home care and others. On the basis of distribution channel, the Europe needles market is segmented into direct tender and retail sales.

To know more about the study

Key Pointers Covered in Needles Market Industry Trends and Forecast to 2028

  • Market Size
  • Top to Bottom Market Analysis
  • Recent Developments for Market Competitors
  • Recent Market Value for Different Countries
  • Market value and over view of Needles market
  • Company profiling of top eight players of Needles market

Key Market Competitors Covered in the Report

  • BD
  • Novo Nordisk A/S
  • Owen Mumford Limited
  • B. Braun Melsungen AG
  • Thermo Fisher Scientific Inc.
  • Smiths Medical
  • Boston Scientific Corporation
  • Hamilton Company
  • CONMED Corporation
  • Johnson & Johnson Services, Inc.
  • Medtronic
  • Terumo Corporation
  • Allison Medical, Inc.
  • Smith+Nephew
  • Retractable Technologies, Inc.
  • STERYLAB S.r.l.
  • BPB medica – Biopsybell

Above are the key players covered in the report, to know about more and exhaustive list of needles companies’, contact us

Research Methodology: Europe Needles Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Manufacturer, Geneticists, Healthcare Industry, Scientists, Research Laboratories
  • Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

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