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Innovations Propel Syringes and Needles Market to New Heights, the Market is Projected to Reach $47.20 Billion by 2029 – Arizton

October 12th, 2023 Arizton Advisory & Intelligence Releases

According to Arizton’s latest research report, the syringes and needles market is growing at a CAGR of 7.93% during 2023-2029. The rising prevalence of hospital-acquired infections has led to a growing need to minimize and uphold safe laboratory protocols. As a result, there is a heightened emphasis on preventing needlestick injuries and the transmission of infections by healthcare professionals, driving the expansion of the market for safe syringes and needles. 

Download an illustration Overview Now: https://www.arizton.com/request-sample/3996 

Syringes And Needles Market Report Scope 

Report Attributes  Details  
Market Size (2029)  USD 47.20 Billion 
Market Size (2023)  USD 29.85 Billion 
CAGR (2023-2029)  7.93% 
Historic Year  2019-2022 
Base Year  2023 
Forecast Year  2024-2029 
Market Segmentation  Product Type, End-user Type, Patient Group, and Geography 
Geographic Analysis  North America, Europe, APAC, Latin America, and Middle East & Africa 

Geographical Analysis  

In Japan, the syringes & needles market is projected to reach $2.46 billion by 2029, growing at a CAGR of 9.49%. Japan is one of the organized and key revenue contributors to the global needles and syringes market. In the APAC region, it is the second largest revenue contributor, with a share of 18.38% in 2023. In APAC, Japan is considered one of the dominant markets for needles and syringes due to its growing elderly population and the prevalence of chronic disorders. For instance, the country has the highest number of people above 65.  In Japan, people are more aware of the availability of various treatment options and medical devices, which has resulted in the early adoption of safe syringes and needles. In addition, the increasing elderly population, willingness to spend on healthcare, and the rising incidence of chronic diseases, such as diabetes, are expected to contribute to the market growth of needles and syringes in Japan. Leading companies organize various awareness initiatives to educate patients and practitioners, convincing them to switch to safe and advanced venous access devices to deliver medication and other fluids. 

Buy this Report Now: https://www.arizton.com/market-reports/syringe-needle-market 

Recent Developments in the Global Syringes and Needles Market 

  • In 2023, Nipro launched the Silicone Oil-Free D2F Pre-fillable Glass Syringe System. This new drug delivery system is a solution for drug products highly sensitive to silicone oil. 
  • In 2022, BD and Biocorp signed an agreement to integrate digital technology with self-administered therapies via connected drug delivery. The two companies will integrate Biocorp’s Injay technology into the BD UltraSafe Plus Passive Needle Guard used with prefillable syringes. 
  • In 2022, Terumo Corporation launched The PLAJEX 0.5mL Luer Lock Silicone oil-free pre-fillable syringe for low-dose applications such as ophthalmic drugs. 

Key Company Profiles  

  • BD 
  • B.Barun 
  • Hindustan Syringes & Medical Devices Ltd 
  • Nipro Medical 
  • Terumo 
  • Cardinal Health 
  • Asahi Polyslider 
  • Cartel Healthcare 
  • Changzhou Mingle Medical Equipment 
  • Eli Lilly 
  • Fanmei Medical 
  • Henke Sass Wolf 
  • HI-TECH Medics 
  • Iscon Surgicals Ltd. 
  • Kanghua Medical 
  • Kangjin 
  • Lepu Medical 
  • Lifelong Medtech 
  • M Devices 
  • Metier Medical 
  • Numedico Technologies 
  • AdvaCare  
  • Allison Medical  
  • Argon Medical Devices 
  • Aspen Surgical 
  • ATS Life Sciences 
  • BAXTER 
  • Codan 
  • Credence MedSystems 
  • Dali Medical Devices 
  • DeRoyal 
  • EXELINT 
  • Gerreisheimer 
  • Vygon SA 
  • International MedSurg 
  • Medtronic  
  • MHC Medica 
  • Nemera 
  • Novo Nordisk 
  • Teleflex 
  • Retractable Technologies, Inc. 
  • SCHOTT Pharma 
  • SHL Medical 
  • Vita Needle Company 
  • West Pharmaceutical Services, Inc. 
  • ICU Medical Inc., 
  • Artsana spa 
  • Apexmed International B.V. 
  • Conmed 
  • Connecticut Hypodermics 
  • Catalent Biologics 
  • Delta Med 
  • Hamilton Company 
  • Merit Medical Systems 
  • UltiMed, Inc. 
  • YpsoMed 

Market Segmentation  

Product Type 

  • Syringes 
  • Types 
  • General Syringes 
  • Specialized Syringes 
  • Usage 
  • Disposable Syringes 
  • Sterilizable Syringes 
  • Needles 
  • Types 
  • Conventional Needles 
  • Safety Needles 

End-user Type 

  • Hospitals 
  • Clinics 
  • Home Healthcare Settings 
  • Others 

Patient Group 

  • Adults 
  • Pediatrics 

Geography 

  • North America 
  • The US 
  • Canada 
  • Europe 
  • Germany 
  • The UK 
  • France 
  • APAC 
  • China 
  • Japan 
  • India 
  • Latin America 
  • Brazil 
  • Mexico 
  • Argentina 
  • Middle East & Africa 
  • Turkey 
  • South Africa 
  • Saudi Arabia 

Key Questions Answered in the Report  

How big is the global syringes and needles market? 

What is the projected growth rate of the global syringes and needles market? 

What are the rising trends in the syringes and needles industry? 

Which region holds the most significant global syringes and needles market share? 

Who are the key players in the global syringes and needles market? 

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About Us:        

Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.            

We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.         

Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.     

Why Arizton?  

100% Customer Satisfaction  

24×7 availability – we are always there when you need us  

200+ Fortune 500 Companies trust Arizton’s report  

80% of our reports are exclusive and first in the industry  

100% more data and analysis  

1000+ reports published till date  

Contact Us:            

Call: +1-312-235-2040                
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Mail: enquiry@arizton.com            
Contact Us: https://www.arizton.com/contact-us                                      
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