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Special Purpose Needles Market to Reach $3.7 Billion by 2015, According to New Report by Global Industry Analysts, Inc
Date:10/27/2008

Growth in the market for specialty needles is determined by growing demand for user safety and cost effective solutions. Special purpose needles market is projected to reach $3.7 billion by the year 2015.

San Jose, California (PRWEB) October 27, 2008 -- The market for disposable medical products such as syringes, disposable needles, and related products has expanded considerably due to increasing number of outpatient procedures. Increasing awareness of diseases such as HIV/AIDS, HCV, HBV, simplex virus, malaria, syphilis, typhus, and tuberculosis, besides new legislations dealing with worker safety are expected to spur the demand for safety needles. Innovations in the disposable drug injection market, including single-use needleless injectors, and pre-filled injectors are poised to take a considerable market share from syringes. Increasing use of needleless I.V. systems and safety syringes is expected to deter the demand for conventional needles and syringes.

United States and Europe represent the leading markets in the global special purpose needles market, as stated in a recent report published by Global Industry Analysts, Inc. Although a mature market, United States special purpose needles presents growth prospects owing to the enhanced safety features. Strict federal laws, and recommendations by National Institute for Occupational Safety and Health (NIOSH) and Center for Disease Control and Prevention (CDC) are adding impetus to the use of safety needles and needlefree injection systems. Hypodermic needles market in the United States is projected to reach
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Special Purpose Needles Market to Reach $3.7 Billion by 2015, According to New Report by Global Industry Analysts, Inc
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