Global Safety Needles Market Growth 2023-2029

Global Safety Needles Market Growth 2023-2029

Safety Needles have a safety mechanism built into the needles to protect healthcare workers and others from accidental needlestick injuries. In an active system, clinicians activate the safety mechanism after the injection. In a passive system, the syringe automatically shields the needle after the injection.

LPI (LP Information)' newest research report, the “Safety Needles Industry Forecast” looks at past sales and reviews total world Safety Needles sales in 2022, providing a comprehensive analysis by region and market sector of projected Safety Needles sales for 2023 through 2029. With Safety Needles sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Safety Needles industry.

This Insight Report provides a comprehensive analysis of the global Safety 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 Safety Needles portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Safety Needles market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Safety 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 Safety Needles.

The global Safety Needles market size is projected to grow from US$ 3146.1 million in 2022 to US$ 3898.8 million in 2029; it is expected to grow at a CAGR of 3898.8 from 2023 to 2029.

Global Safety Needles key players include BD, Cardinal Health, Terumo, B. Braun, etc. Global top four manufacturers hold a share about 70%.

North America is the largest market, with a share about 50%, followed by Europe and Asia-Pacific, both have a share about 40 percent.

In terms of product, Active Safety Needles is the largest segment, with a share about 85%. And in terms of application, the largest application is Hospitals, followed by Clinics, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Safety Needles market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Active Safety Needles

Passive Safety Needles

Segmentation by application

Hospitals

Clinics

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 analyzing the company's coverage, product portfolio, its market penetration.

BD

Cardinal Health

Terumo

B. Braun

Smiths Medical

Novo Nordisk

Nipro

Yangzhou Medline

DeRoyal

Retractable Technologies

Key Questions Addressed in this Report

What is the 10-year outlook for the global Safety Needles market?

What factors are driving Safety Needles market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Safety Needles market opportunities vary by end market size?

How does Safety Needles break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.