Market Overview

Global Needles Market size was valued at USD 7.66 Billion in 2023 and is poised to grow from USD 8.15 Billion in 2024 to USD 13.39 Billion by 2032, growing at a CAGR of 6.4% in the forecast period (2024-2032).

The Needles Market is the global industry involved in the production, distribution, and sales of medical needles used in various healthcare applications. These needles are designed for specific medical procedures, including injections, blood collection, drug delivery, and surgical applications. The market encompasses a wide range of needle types, such as hypodermic needles, suture needles, biopsy needles, intravenous (IV) needles, and safety needles.

Rising chronic diseases along with the resulting growth in needs for vaccines, blood sampling diagnostic purposes and repeated injection-based treatments are said to be significant drivers for growth in this market. Further, it is expected to increase due to a growing number of geriatrics in various countries, increased inclinations toward least invasive procedures, and the establishment of self-administrative medication over the recent past.

The rising cancer incidences worldwide contribute to the market growth of this healthcare industry. According to Pan American Health Organization, the worldwide cancer burden will rise by about 60 % over the next two decades, with nearly 30 million newly diagnosed cases forecasted by 2040. The needles are highly utilized for various treatments and therapies such as radiofrequency ablation (RFA), intraregional chemotherapy, biopsies, injection treatments, acupuncture, and so on.

The injectable medicines are seeing an increasing global demand because of chronic diseases on the rise, specific treatments that require these injectable, and an expanding population in geriatrics. The factors such as quick recovery support that injectable medicines provide, its use during emergency treatments is rising, effective performance, and also increasing need for insulin for the diabetes patients also boost the market's demand for this market. The World Health Organization estimates nearly 422 million individuals suffer from diabetes worldwide.

Expanding vaccination programs initiated by multiple organizations and governments will spur the growth of the global needles market. Immunization is one of the most cost-effective interventions by public health initiatives. Multiple organizations across the world are working on immunization initiatives, such as the World Health Organization, the United Nations International Children's Emergency Fund, and the Centre for Disease Control.

Market Drivers

Rising Prevalence of Chronic Diseases

• Increasing cases of chronic diseases, such as diabetes, cardiovascular diseases, and cancers have exponentially increased the demand for needles in the health care sector. Diabetes is a disease, which occurs to millions of patients around the globe, and administering insulin daily helps them to regulate sugar levels. Cardiac diseases can also be subjected to injections from anticoagulants and lipid-lowering drugs or drugs in emergency during critical interventions. The rising incidence of cancer and other major health concerns has increased the demand for needles at various steps of treatment and diagnosis, such as chemotherapy drug infusion and tumour assessment through biopsy. The global incidence of these diseases is rising with age, a sedentary lifestyle, and dietary changes, thus widening the patient base that requires needle-based therapies. Diagnostic procedures depend mainly on needles, thus diagnosing diseases and their treatments without any error. The effectiveness of the treatment mainly depends on observing the development and symptoms of disease in patients constantly or timely. On-going awareness about such chronic diseases requires further development of advanced, reliable, and friendly needle technologies for patients worldwide. This increases the size of the global needles market.

Market Opportunities

Adoption of Safety-Engineered Needles

• The awareness of safety from a healthcare worker and strict regulations that avoid the delivery of needle stick injuries are the key drivers for increasing the demand for advanced safety needles. Needle stick injuries rank amongst the highest risks that expose workers in the healthcare industry to blood borne pathogens, such as HIV, hepatitis B, and hepatitis C. These risks have forced global health authorities to set strict guidelines related to injuries and include the World Health Organization (WHO) and Occupational Safety and Health Administration (OSHA). The safety-engineered needles, which have retractable tips, sheaths, and needle guards, have become effective solutions that contribute to minimizing accidental exposure when used and disposed of. Besides the aspect of compliance with laws, the consciousness programs in tandem with the trainings further urge these advanced products to be deployed in the healthcare settings. There are safety needles being used within the hospitals, clinics, and outpatient centres that ensure staff protection and adhere to the standards for safety. Technological advancements that ensure these needles are more reliable, user-friendly, and cost-effective have further facilitated their adoption on a large scale and have triggered growth in the needles market.

Market Restraining Factors

Risk of Needle stick Injuries and Infections

• The risk of unintentional exposure to blood borne pathogens is a powerful deterrent to the use of the traditional needles, which are not designed with enough safety features. Healthcare professionals are constantly exposed to the risk of needle stick injuries, whether these occur during a medical procedure, disposal, or accidental mishandling of the needles. Exposing them to hazardous pathogens like HIV, hepatitis B, and hepatitis C exposes them to a serious risk of health consequence. Such risks also create apprehension and hesitation in the minds of healthcare workers when using the traditional needles, particularly in high-pressure situations. It becomes worse when appropriate training and equipment for protection are limited in an area or facility. In the case of traditional needles, lack of safety features undercuts confidence in use, thus generating demand for safer alternatives. Safety-engineered needles with mechanisms like retractable tips, shields, or automatic locking systems have addressed such concerns. Such exposure is drastically reduced. The latest developments are aligned with global safety guidelines and are gaining importance in the healthcare sector in terms of protection for the workforce. As the understanding of the dangers of conventional needles grows, the switch to safety needles is simply the first step toward a safer healthcare work environment and, ultimately, infection control.

Segmentation Analysis

The market scope is segmented because of by Product Type, by Material, by Delivery Mode, by Application, by End-User, by Region.

By Product Type

Based on the Product Type of the market is segmented into Conventional Needles, Safety Needles, Specialty Needles.

Safety needles are the most marketable needles as they minimize exposure to needle sticks and have very strict regulation on safety mechanisms. These needles are designed to feature advanced characteristics, such as a retractable mechanism, protective sheath, and automatic locking devices, to prevent injury through accidental exposures to blood-borne pathogens. For example, retracting safety needles enable the needle to automatically withdraw from the barrel, thus reducing the possibility of injury during disposal. Safety needles are widely used in hospitals, clinics, and outpatient facilities where worker safety and regulatory compliance are key.

Medical procedures involve the traditional and more cost-effective option conventional needles. The needles do not have any safety feature, but they have been used broadly in less developed healthcare budgets or those with not so tightened safety regulations. Examples of conventional needles include the standard hypodermic needle for giving injections. Special-purpose needles have been tailored for specific applications, such as for biopsies, spinal anaesthetic procedures, or sutures. These could be biopsy needles for tissue aspiration and spinal needles for lumbar punctures. An example of a specialty needle is the Jamshidi bone marrow biopsy needle.

Although standard and specialty needles have niche market applications, recent focus on workers' safety means safety needles comprise the majority market share in global markets.

By Material

Based on the Material of the market is segmented into Stainless Steel, Plastic Needles, silicon-Coated Needles.

Among other reasons, durability, resistance to corrosion, and widespread usage throughout different applications give stainless steel a stronghold on needles. This particular material allows stainless steel needles to have enough hardness and sharpness, which they would need for an accurate puncture, thereby establishing it as a preferred choice among hypodermic, surgical, and biopsy needles. An example is insulin injection, where quality needles must be used in order to always work at the turn. Such a reason has made them also widely used: their biocompatibility and duration even after being used multiple times for injections. Plastic needles are used in some applications but not as widely as stainless steel. Plastic needles are light in weight, inexpensive, and useful when a disposable, non-metallic product is needed. Plastic micro needles, for example, are used in transdermal drug delivery systems in an attempt to reduce pain and environmental damage through the use of biodegradable materials.

Since it reduces the friction on injection, silicon-coated needles relieve the patient. They are specifically used in low pain injections such as paediatric vaccinations, cosmetic procedures among others. The example of insulin pens, therefore, gives an idea of applying silicon-coated needles to ease smoother and painless administration thereby increasing compliance by patients. However, despite its niche applications such as plastic, silicon-coated needles, it is the case that the durability, reliability and flexibility of stainless steel guarantee to maintain its domination in the world of needles.

Regional Snapshots

North America holds the highest share due to their advanced health-care system, strict regulation of safety measures, and optimum usage of safety-engineered needles. In this regard, the USA has even more because OSHA, CDC promote massive usage of the safety needles at workplaces that will reduce cases of needle sticks injuries. Chronic diseases like diabetes, cardiovascular disease, and many more become the base on which a large amount of needles come for drug delivery as well as other diagnostic procedures. The region does have an influential supporting factor behind it-the stringent safety measures enforced by the EU. Well-built infrastructure also stands as a motivator. It is observed to be used largely in the usage of advanced technology in needles major markets in Germany, France, and UK. There has been a sharp increase in these areas regarding fewer health-care acquired infections and strictly meeting safety-related measures.

The fastest-growing market in the Asia-Pacific region is characterized by increasing expenditure on healthcare, a growing population, and increasing chronic diseases like diabetes and cancer. Rapid advances in access and infrastructure for healthcare in emerging economies like China and India are boosting demand for conventional, safety, and specialty needles. Government programs to expand vaccination programs and upgrade healthcare delivery systems further boost growth in the market. Latin America and the Middle East & Africa are emerging markets that are marked by developing healthcare infrastructure and increased awareness about needle stick safety.

These regions are poor and have less adoption of high-tech needles. Investment in health care and prevention of infectious diseases and chronic diseases would offer a scope for growth. Brazil, South Africa, and Saudi Arabia are modernizing health care infrastructure and, therefore, the need for needles. The overall needle market mirrors regional differences in health care priority and technology adoption, with the North American and European regions leading on safety needle use and the Asia-Pacific under dynamic growth, and Latin America and the Middle East & Africa promising growth regions.

List of Companies Profiled

• BD
• Stryker
• Medtronic
• Ethicon (Johnson & Johnson Services, Inc.)
• Thermo Fisher Scientific Inc.
• Boston Scientific Corporation
• Novo Nordisk A/S
• ICU Medical, Inc. (Smiths Medical, Inc.)
• Hilgenberg GmbH
• Fresenius SE & Co. KGaA

Report Coverage

The report will cover the qualitative and quantitative data on the Global Needles Market. The qualitative data includes latest trends, market players analysis, market drivers, market opportunity, and many others. Also, the report quantitative data includes market size for every region, country, and segments according to your requirements. We can also provide customize report in every industry vertical.

Report Scope and Segmentations

Global Needles Market Regional Analysis

North America accounted for the highest xx% market share in terms of revenue in the Needles market and is expected to expand at a CAGR of xx% during the forecast period. This growth can be attributed to the growing adoption of Needles. The market in APAC is expected to witness significant growth and is expected to register a CAGR of xx% over upcoming years, because of the presence of key Needles companies in economies such as Japan and China.

The objective of the report is to present comprehensive analysis of Global Needles Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.

Needles Market Report is also available for below Regions and Country Please Ask for that

North America

• U.S
• Canada

Europe

• Switzerland
• Belgium
• Germany
• France
• U.K
• Italy
• Spain
• Sweden
• Netherland
• Turkey
• Rest of Europe

Asia-Pacific

• India
• Australia
• Philippines
• Singapore
• South Korea
• Japan
• China
• Malaysia
• Thailand
• Indonesia
• Rest Of APAC

Latin America

• Mexico
• Argentina
• Peru
• Colombia
• Brazil
• Rest of South America

Middle East and Africa

• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest Of MEA

Points Covered in the Report

• The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
• The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analysed 5 years data history and forecast.
• The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.
• Data and information by market player, by region, by type, by application and etc., and custom research can be added according to specific requirements.
• The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

Key Questions

• How much the global Needles Market valued?
• Which region has the largest share in 2024 for the global Needles Market?
• What are the driving factors for the market?
• Which is the leading segment in the global market?
• What are the major players in the market?

Research Scope of Needles Market

• Historic year: 2019- 2022
• Base year: 2023
• Forecast: 2024 to 2032
• Representation of Market revenue in USD Billion

Needles Market Trends: Market key trends which include Increased Competition and Continuous Innovations Trends: