| Product Code: ETC6168544 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Armenia retractable needles market experienced a steady increase in imports from 2020 to 2024, with a Compound Annual Growth Rate (CAGR) of 13.21%. However, there was a slight decline in the year-on-year growth rate in 2024, which stood at -0.76%. This overall trend indicates a positive but slowing growth trajectory in import volumes during the specified period.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Armenia Retractable Needles Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Retractable Needles Market Revenues & Volume, 2022 & 2032F |
3.3 Armenia Retractable Needles Market - Industry Life Cycle |
3.4 Armenia Retractable Needles Market - Porter's Five Forces |
3.5 Armenia Retractable Needles Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Armenia Retractable Needles Market Revenues & Volume Share, By End-user, 2022 & 2032F |
4 Armenia Retractable Needles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about needle stick injuries and the importance of safety in healthcare settings |
4.2.2 Growing demand for retractable needles due to their ability to reduce the risk of needle stick injuries |
4.2.3 Stringent government regulations mandating the use of safety-engineered medical devices |
4.3 Market Restraints |
4.3.1 High initial costs associated with retractable needles compared to traditional needles |
4.3.2 Resistance to change from healthcare professionals accustomed to traditional needles |
4.3.3 Limited availability and accessibility of retractable needles in certain regions of Armenia |
5 Armenia Retractable Needles Market Trends |
6 Armenia Retractable Needles Market, By Types |
6.1 Armenia Retractable Needles Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Retractable Needles Market Revenues & Volume, By Type, 2022-2032F |
6.1.3 Armenia Retractable Needles Market Revenues & Volume, By Manually Retractable Needle, 2022-2032F |
6.1.4 Armenia Retractable Needles Market Revenues & Volume, By Automatic Retractable Needle, 2022-2032F |
6.2 Armenia Retractable Needles Market, By End-user |
6.2.1 Overview and Analysis |
6.2.2 Armenia Retractable Needles Market Revenues & Volume, By Hospitals, 2022-2032F |
6.2.3 Armenia Retractable Needles Market Revenues & Volume, By Clinics, 2022-2032F |
6.2.4 Armenia Retractable Needles Market Revenues & Volume, By Ambulatory Surgical Centers, 2022-2032F |
6.2.5 Armenia Retractable Needles Market Revenues & Volume, By Others, 2022-2032F |
7 Armenia Retractable Needles Market Import-Export Trade Statistics |
7.1 Armenia Retractable Needles Market Export to Major Countries |
7.2 Armenia Retractable Needles Market Imports from Major Countries |
8 Armenia Retractable Needles Market Key Performance Indicators |
8.1 Adoption rate of retractable needles among healthcare facilities in Armenia |
8.2 Number of reported needle stick injuries before and after the introduction of retractable needles |
8.3 Compliance with safety regulations related to the use of retractable needles |
9 Armenia Retractable Needles Market - Opportunity Assessment |
9.1 Armenia Retractable Needles Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Armenia Retractable Needles Market Opportunity Assessment, By End-user, 2022 & 2032F |
10 Armenia Retractable Needles Market - Competitive Landscape |
10.1 Armenia Retractable Needles Market Revenue Share, By Companies, 2025 |
10.2 Armenia Retractable Needles Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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