Needles Market worth $10.6 billion by 2027 – Exclusive Report by MarketsandMarkets(TM) [MarketWatch]
Becton, Dickinson and Company (BDX)
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Source: MarketWatch
Dec 01, 2022 (AB Digital via COMTEX) -- Needles Market is projected to reach USD 10.6 billion by 2027 from USD 7.7 billion in 2022, at a CAGR of 6.7% during the forecast period according to a new report by MarketsandMarkets™. Market is driven by factors such as Increasing preference for minimally invasive biopsies, and the rising vaccine demand globally. On the other hand, growing focus on the development of alternative drug delivery methods is expected to limit market growth to a certain extent in the coming years. Upsurge in the cases of chronic diseases such as HIV amongst global population is anticipated to drive the Needles Market growth. Expanding injectables market and Rise in self-administration of drugs is anticipated to propel market growth opportunities. However, growing needlestick injuries and associated infections is anticipated to hinder market development. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=223979930 Browse in-depth TOC
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