Market Forecast By Products (Safety Hypodermic Needles, Non-safety Hypodermic Needles), By Application (Drug Delivery, Vaccination, Blood Specimen Collection), By End Users (Hospital, Diabetic Patients, Family Practitioners, Psychiatry, Others) And Competitive Landscape
Product Code: ETC365312 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Bangladesh Hypodermic Needles Market |
Forecast period | 2025-2031 |
CAGR | 8% |
Growing Sector | Healthcare |
Bangladesh Hypodermic Needles Market report thoroughly covers the market By Products, By Application, and By End Users. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Bangladesh Hypodermic Needles Market is experiencing steady growth and is projected to continue to do so in the coming years. This growth can be attributed to various factors, including the increasing prevalence of diseases and infections that require injections, as well as the growing awareness about safe medical practices and the use of disposable needles.
According to 6Wresearch, the Bangladesh Hypodermic Needles Market size is expected to register a CAGR of 8% during the forecast period of 2025-2031. This growth trajectory is propelled by an array of factors. Increased health consciousness and enhanced healthcare infrastructure are major drivers, alongside a growing prevalence of chronic diseases necessitating regular injections and blood tests. Moreover, the government's rising healthcare expenditure and initiatives to boost the local manufacturing of medical devices further fuel the Bangladesh Hypodermic Needles Market Growth. However, challenges such as stringent regulatory requirements, the need for skilled healthcare professionals, and competition from low-cost imports persist. Despite these hurdles, the rising demand for safety hypodermic needles, driven by increased awareness about needle-stick injuries, and the expansion of healthcare services into rural areas provides vast opportunities for the market.
One of the major players in the hypodermic needles market in Bangladesh is Becton, Dickinson, and Company (BD), a global medical technology company. BD has a significant presence in the country and offers a wide range of hypodermic needles for various medical procedures. Another leading player is Terumo Corporation, a Japanese medical device company that also has a strong presence in Bangladesh. The company offers high-quality hypodermic needles with advanced features such as ultra-sharp tips and precision-engineered designs. APEX Medical Devices, a local player based in Bangladesh, is also a key player in the market.
The government has taken various initiatives to regulate and monitor the hypodermic needles industry in the country. In recent years, there have been efforts to increase awareness about safe medical practices among healthcare professionals, especially when it comes to using disposable needles. The government has also implemented regulations to ensure the quality and safety of hypodermic needles being sold in the country. One such regulation is the Mandatory Standards for Medical Devices, which sets minimum requirements for the design, manufacturing, labeling, and packaging of medical devices including hypodermic needles. In addition, the Ministry of Health and Family Welfare has launched campaigns to promote safe disposal of used needles. These initiatives are expected to have a positive impact on the growth of the hypodermic needles market in Bangladesh by promoting safe and responsible use of medical devices.
The hypodermic needles market in Bangladesh is projected to witness significant growth in the coming years. The increasing prevalence of diseases, growing demand for advanced medical treatments, and rising healthcare expenditure are expected to drive the market. In addition, the government's focus on improving healthcare infrastructure and services in the country is likely to create opportunities for growth in the hypodermic needles market. The trend towards using disposable medical products and increasing awareness about safe medical practices will also contribute to the market growth. With technological advancements, there is a growing demand for innovative and efficient hypodermic needles, which is expected to further boost the market in Bangladesh.
According to Dhaval, Research Manager, 6Wresearch, Safety Hypodermic Needles are one of the most popular and widely used types of needles in Bangladesh. These needles have a safety mechanism that prevents accidental needlestick injuries, making them safer for healthcare professionals to use.
Drug Delivery is expected to dominate the Bangladesh Hypodermic Needles Market Share over the forecast years. These needles are used to deliver medications and fluids directly into the body through subcutaneous or intramuscular injections.
Hospitals are the largest end-user of hypodermic needles in Bangladesh, as they require a large number of needles for various medical procedures and treatments. The increasing number of hospitals and clinics in the country has contributed to the growth of this segment.
The report offers a comprehensive study of the subsequent market segments:
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 Bangladesh Hypodermic Needles Market Overview |
3.1 Bangladesh Country Macro Economic Indicators |
3.2 Bangladesh Hypodermic Needles Market Revenues & Volume, 2021 & 2031F |
3.3 Bangladesh Hypodermic Needles Market - Industry Life Cycle |
3.4 Bangladesh Hypodermic Needles Market - Porter's Five Forces |
3.5 Bangladesh Hypodermic Needles Market Revenues & Volume Share, By Products, 2021 & 2031F |
3.6 Bangladesh Hypodermic Needles Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Bangladesh Hypodermic Needles Market Revenues & Volume Share, By End Users, 2021 & 2031F |
4 Bangladesh Hypodermic Needles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing prevalence of chronic diseases requiring regular injections |
4.2.2 Increasing awareness about safe injection practices |
4.2.3 Government initiatives to improve healthcare infrastructure |
4.3 Market Restraints |
4.3.1 High cost associated with advanced hypodermic needles |
4.3.2 Stringent regulatory requirements for needle manufacturing and distribution |
5 Bangladesh Hypodermic Needles Market Trends |
6 Bangladesh Hypodermic Needles Market Segmentations |
6.1 Bangladesh Hypodermic Needles Market, By Products |
6.1.1 Overview and Analysis |
6.1.2 Bangladesh Hypodermic Needles Market Revenues & Volume, By Safety Hypodermic Needles, 2021-2031F |
6.1.3 Bangladesh Hypodermic Needles Market Revenues & Volume, By Non-safety Hypodermic Needles, 2021-2031F |
6.2 Bangladesh Hypodermic Needles Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Bangladesh Hypodermic Needles Market Revenues & Volume, By Drug Delivery, 2021-2031F |
6.2.3 Bangladesh Hypodermic Needles Market Revenues & Volume, By Vaccination, 2021-2031F |
6.2.4 Bangladesh Hypodermic Needles Market Revenues & Volume, By Blood Specimen Collection, 2021-2031F |
6.3 Bangladesh Hypodermic Needles Market, By End Users |
6.3.1 Overview and Analysis |
6.3.2 Bangladesh Hypodermic Needles Market Revenues & Volume, By Hospital, 2021-2031F |
6.3.3 Bangladesh Hypodermic Needles Market Revenues & Volume, By Diabetic Patients, 2021-2031F |
6.3.4 Bangladesh Hypodermic Needles Market Revenues & Volume, By Family Practitioners, 2021-2031F |
6.3.5 Bangladesh Hypodermic Needles Market Revenues & Volume, By Psychiatry, 2021-2031F |
6.3.6 Bangladesh Hypodermic Needles Market Revenues & Volume, By Others, 2021-2031F |
7 Bangladesh Hypodermic Needles Market Import-Export Trade Statistics |
7.1 Bangladesh Hypodermic Needles Market Export to Major Countries |
7.2 Bangladesh Hypodermic Needles Market Imports from Major Countries |
8 Bangladesh Hypodermic Needles Market Key Performance Indicators |
8.1 Number of healthcare facilities adopting safety-engineered needles |
8.2 Rate of adoption of needle disposal best practices |
8.3 Percentage of healthcare professionals trained in safe injection techniques |
9 Bangladesh Hypodermic Needles Market - Opportunity Assessment |
9.1 Bangladesh Hypodermic Needles Market Opportunity Assessment, By Products, 2021 & 2031F |
9.2 Bangladesh Hypodermic Needles Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Bangladesh Hypodermic Needles Market Opportunity Assessment, By End Users, 2021 & 2031F |
10 Bangladesh Hypodermic Needles Market - Competitive Landscape |
10.1 Bangladesh Hypodermic Needles Market Revenue Share, By Companies, 2024 |
10.2 Bangladesh Hypodermic Needles Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |