The syringes and needles market size is expected to grow at a CAGR of 8.18% from 2023 to 2035, reaching USD 68.78 billion by 2035. The industry size of syringes and needles was USD 24.9 billion in 2022. The industry growth is attributed to the increasing prevalence of chronic diseases and the increasing adoption of self-injection parent devices. With the surging chronic diseases, treatments using syringes and needles are being performed at home.
In addition to these, there are various types of syringes and needles used in various surgical procedures such as ophthalmic syringes and needles, intramedullary syringes and needles, catheter syringes and needles, etc. It is important to choose the right needle and syringe depending on the amount of drug, injection site, and viscosity. Therefore, as the number of surgeries increases, the demand for syringes and needles is skyrocketing.
Growth engine
challenge
Base year |
2022 |
Forecast year |
2023-2035 |
CAGR |
8.1 % |
Base Year Market Size (2022) |
US$24.9 billion |
Forecast Year Market Size (2035) |
US$68.7 billion |
Area coverage |
|
Product (syringe needle)
By the end of 2035, the syringes and needles market in the syringe segment is expected to generate the largest revenue of $39,236.7 million. The segmented syringes are expected to grow further at the fastest CAGR of 8.4% during the forecast period. Syringes minimize the possibility of virus transmission from patient to patient and are primarily used for drug administration using specialized and universal approaches. Unsafe injection practices result in approximately 33,800 new HIV infections, 315,000 new hepatitis C infections, and 1.7 million new hepatitis B infections every year.
Usability (disposable reusable)
The syringes and needles market in the disposable segment is expected to grow at the fastest CAGR of 8.6% over the next few years. Disposable plastic syringes are used in veterinary and medical research. Disposable syringes are rapidly replacing conventional glass syringes as they can be used more frequently in a sterile condition and are less expensive. Conventional syringes and prefilled syringes are some of the types of disposable syringes. The demand for prefilled syringes is increasing due to the increasing demand for autoinjection devices in developed countries. Sterility and safety are the two major advantages of using disposable syringes, among others.
The in-depth analysis of the Syringes and Needles market includes the following segments:
product |
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Usability |
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Patient group |
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brother |
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By application |
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By end user |
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North American Market Statistics
The North American syringe and needle market is expected to hold the largest market share, accounting for $22,964 million by the end of 2035. North America is expected to dominate the market size, driven by the increasing demand for syringes and needles in the region. The growing availability of advanced and proactive healthcare services and insurance plans is driving the growth of the syringe and needle supply market in North America. Several variables, particularly high healthcare inflation, make the US pay significantly more for healthcare than other North American countries. On the other hand, expatriates have a variety of insurance options, and the US healthcare system is superior to other North American countries. Additionally, there is increasing innovation in the product portfolio in the region. For instance, Cardinal Health has announced a voluntary recall of certain Monoject Flush prefilled saline syringes (0.9% sodium chloride) for flushing appropriate intravenous tubing systems and infusing intravascular access devices.
European Market Outlook
Syringes and needles in Europe
The market is expected to account for the second largest share by 2035, reaching $21.3 billion. Increasing awareness among healthcare providers regarding the use of safety syringes and needles. Safety syringes are designed to prevent needlestick injuries by covering the needles before and after use. There are many benefits to using safety hypodermic injections. It can help prevent needlestick injuries.
저자 크레딧: Radhika Pawar
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