Global Needles Market Growth 2025-2031
The global Needles market size is predicted to grow from US$ 8024 million in 2025 to US$ 11100 million in 2031; it is expected to grow at a CAGR of 5.6% from 2025 to 2031.
Needles are a common device used for medical applications. In this report, we will study products of flowing: suture needle, hypodermic needle, etc.
Needles Market Drivers
The Needles market is primarily driven by the increasing prevalence of chronic diseases such as diabetes, cardiovascular conditions, and cancer, which require frequent administration of medications and diagnostic procedures. Additionally, the growing demand for vaccination programs to combat infectious diseases like influenza, COVID-19, and hepatitis has significantly boosted the use of Needles globally. Advances in needle technology, such as the development of ultra-thin and pain-minimizing designs, have also enhanced patient comfort and encouraged wider adoption.
Another key driver is the expansion of healthcare infrastructure in emerging economies, coupled with rising awareness about preventive healthcare. As access to medical services improves in these regions, the demand for Needles in routine procedures, such as immunizations and blood tests, is expected to increase substantially.
Needles Market Challenges
The Needles market faces challenges such as the increasing shift toward needle-free drug delivery systems, including transdermal patches and jet injectors, which aim to minimize the pain and anxiety associated with needles. These alternatives, while still emerging, pose a potential threat to the growth of the traditional Needles market.
Additionally, the risk of needlestick injuries among healthcare workers remains a significant concern, leading to stringent regulations and the need for safety-engineered needles. These advanced safety features often increase production costs, potentially impacting market profitability. Furthermore, the disposal of used needles poses environmental and public health challenges, requiring improved waste management solutions.
LP Information, Inc. (LPI) ' newest research report, the “Needles Industry Forecast” looks at past sales and reviews total world Needles sales in 2024, providing a comprehensive analysis by region and market sector of projected Needles sales for 2025 through 2031. With Needles sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Needles industry.
This Insight Report provides a comprehensive analysis of the global Needles landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Needles portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Needles market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Needles and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Needles.
This report presents a comprehensive overview, market shares, and growth opportunities of Needles market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Hypodermic Needle
Suture Needle
Lancet
Others
Segmentation by Application:
Hospitals
Diagnostic Centers
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
BD
Johnson & Johnson
B. Braun
Nipro
Terumo
Novo Nordisk
WEGO
Roche
Lifescan
Cardinal Health
Medtronic
Smiths Medical
KDL
Teleflex
Artsana
Ypsomed
Hamilton
Improve Medical
SHENGGUANG
Tiankang Medical
Key Questions Addressed in this Report
What is the 10-year outlook for the global Needles market?
What factors are driving Needles market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Needles market opportunities vary by end market size?
How does Needles break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.