Safety Needles - Global Strategic Business Report

The global market for Safety Needles is estimated at US$2.7 Billion in 2023 and is projected to reach US$4.3 Billion by 2030, growing at a CAGR of 6.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the safety needles market is driven by several factors, including stringent regulatory requirements, increasing awareness of occupational hazards, and the rising incidence of chronic diseases requiring frequent injections. Regulatory bodies worldwide have mandated the use of safety needles in healthcare settings to protect workers from needlestick injuries, driving widespread adoption. The heightened awareness of occupational health and safety has also spurred demand for these devices, as healthcare institutions strive to provide safer working environments. The rising prevalence of chronic conditions such as diabetes, which necessitates regular insulin injections, and the increased use of injectable biologics for various medical conditions, have further boosted the demand for safety needles. Technological advancements that enhance the safety and usability of these devices, coupled with growing investments in healthcare infrastructure, are also contributing to market growth.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Active Safety Needles segment, which is expected to reach US$3.2 Billion by 2030 with a CAGR of a 7.3%. The Passive Safety Needles segment is also set to grow at 5.6% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $704.2 Million in 2023, and China, forecasted to grow at an impressive 10.2% CAGR to reach $1.0 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Safety Needles Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Safety Needles Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Safety Needles Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as Advin Health Care, B. Braun Melsungen AG, Becton, Dickinson and Company, and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 101 Featured):

• Advin Health Care
• B. Braun Melsungen AG
• Becton, Dickinson and Company
• Boston Scientific Corporation
• Cardinal Health, Inc.
• Argon Medical Devices, Inc.
• A. Menarini Diagnostics Srl
• Allison Medical, Inc.
• Axel Bio Corporation, Inc.
• Cambridge Sensors Ltd.
• Bionic Medizintechnik GmbH
• AdvaCare Pharma
• Berpu Medical Technology Co., Ltd.
• ANHUI KANGDA MEDICAL PRODUCTS CO., LTD.
• AYSET TIBBI URUNLER SAN. A.S.