United States Safety Needles Market By Application (Drug Delivery, and Sample Collection), By Product Type (Biopsy Needle, Fine Aspirating Needle, Pen Needle, Hypodermic Needle, Suture Needle, Huber Needle, IV Catheter Needle, and other needles), By End User (Physician Offices, Hospitals, Nursing Home, Diagnostic Centers, Homecare Settings, Ambulatory Surgical Centers, and Others), By Distribution Channel (Private Clinics, Hospital Pharmacies, Drug Store and Retail Pharmacies and others) | Market Size, Growth, Share, Trends, Outlook, and Market Opportunity Analysis 2021-2026

United States Safety Needles Market Size Volume Revenue Analysis 2021-2026:

United States Safety Needles Market size is projected to reach USD 2.44 billion in 2020, and it is predicted to reach USD 3 billion by the end of 2026, with growth at a CAGR of 4.7% over the forecast period 2021-2026. The increasing occurrence of spine disorder and gynecologic cancer is predictable to determine the growth of the United States Safety Needles Market over the forecast period 2021-2026. Robust growth is foreseen for the United States safety needles market that is estimated to produce nearly 5% yearly throughout the next 6 years.

Market Growth Drivers:              

  1. Increasing prevalence of spine disorders and gynecologic cancer
  2. Government initiatives for blood collection
  3. Favorable reimbursement for pen needles

U.S. Safety Needles Market: Restraint

The most important influences that hamper the growth of the United States safety needles industry contains, increasing growth and attentiveness of needle-free injection technology and product remembrance owing to the low value and function cost of the products.

United States Safety Needles Market Growth Insights:

U.S Safety Syringes Market is anticipated to raise with a substantial CAGR during the forecast period. Financial progress and significant structure expansion have established regional revenue production.

Additionally, the outlines related to import and export, domestic production, and consumption have facilitated market contributors to analyze and capitalize on possible prospects. Also, the qualitative and quantitative limitations delivered in the reported study with comprehensive analysis things to see the driving and restraining elements of the United States Safety Syringes Market.

Safety syringes are intended for providing drugs and gathering fluids from the human body with safety features to avoid needle stick wounds. There are numerous categories of safety needles such as biopsy needles, fine aspirating needles, pen needles, hypodermic needles, IV catheter needles, suture needles, blood collection needles, Huber needles, prefilled needles, cannula needles, and A.V. fistula needles, and others. These safety needles are fortified with sheaths used to protect the needle to avoid needle stick damages and injuries that will reason lethal infections.

Furthermore, major companies concentrating on inorganic approaches such as mergers and acquisitions to make stronger their place in the market. In January 2016, Medtronic acquired Covidien plc, it is a medical device company aiming on developing safety syringes.

Detailed Segmentation of the Market:

United States Safety Needles Market By Application (Drug Delivery, and Sample Collection), By Product Type (Biopsy Needle, Fine Aspirating Needle, Pen Needle, Hypodermic Needle, Suture Needle, Huber Needle, IV Catheter Needle, and other needles), By End User (Physician Offices, Hospitals, Nursing Home, Diagnostic Centers, Homecare Settings, Ambulatory Surgical Centers, and Others), By Distribution Channel (Private Clinics, Hospital Pharmacies, Drug Store and Retail Pharmacies and others)

COVID-19 Impact on the United States Safety Needles Market:

The pandemic of COVID-19 has affected each country over the globe and states in America are enchanting numerous creativities to fight the super spread of COVID-19. For example, in May 2020, the CDC (Centers for Disease Control and Prevention) taking place to work with the all-of-America approach  and all-of-government to upsurge testing volume, increase case finding, and contact tracing through all the states of United States and free from lockdown the country

Developments in the United States Safety Needles Market:

Moreover, in the United States, some major players are focusing on allocating safety syringes and safety needles for hospitals. For example, in January 2021, in the United States, Becton, Dickson, and Company declared the supply of 800 million needles and syringes to the numerous hospitals leading COVID-19 vaccination drives.

  1. The growing unveilings of safety needles used for drug delivery are predictable to drive the United States safety syringes market growth.
  2. In 2020, in the segment of product type, the blood collection needles are anticipated to grip a leading position in the United States safety syringes market.
  3. In 2020, among application segments, the drug delivery segment is estimated to grip a foremost place in the safety needles market in the united states.
  4. In 2020, among the End-user segment, the hospital segment is projected to control a main place in the U.S. safety needles market in U.S.

United States Safety Needles Market Key Players:

Some of the important players leading the U.S. Safety Needles market are; Becton, Dickinson, and Company; Medtronic plc, Smith Medical, Boston Scientific Corporation, Argon Medical Devices Inc. Abbott Laboratories, Terumo Corporation, Novo Nordisk A/S, Eli Lilly and Company, B.Braun Melsungen AG, and Nipro Corporation.

The report provides insights on the following pointers:

  1. Market Penetration
  2. Market Growth
  3. Market Diversification
  4. Competitive Assessment and Intelligence
  5. Product Development and Innovation

    Frequently Asked Questions

    What is Market Size of United States Safety Needles Market?

    United States Safety Needles Market size is projected to reach USD 2.44 billion in 2020, and it is predicted to reach USD 3 billion by the end of 2026.

    What is CAGR of the United States Safety Needles Market?

    United States Safety Needles Market growth at a CAGR of 4.7% over the forecast period 2021-2026.

    Who are the Competitors in the Market?

    Becton, Dickinson, and Company; Medtronic plc, Smith Medical, Boston Scientific Corporation, Argon Medical Devices Inc. Abbott Laboratories, Terumo Corporation, Novo Nordisk A/S, Eli Lilly and Company, B.Braun Melsungen AG, and Nipro Corporation.

    Which Region has Highest Share?

    North America region has the highest market share in the global market

    What are the Growth Factors of the Market?

    U.S Safety Syringes Market is anticipated to raise with a substantial CAGR during the forecast period. Financial progress and significant structure expansion have established regional revenue production

    How the market is Segmented?

    United States Safety Needles Market By Application, By Product Type, By End User, and By Distribution Channel. And these segmented are sub divided into further categorized into following.