Global Safety Needles Strategic Market Report 2023-2030 – Growing Use of Self-Injection Devices and Legislations Curb Needle Stick Injuries Drive Demand

DUBLIN, Oct. 31, 2023 /PRNewswire/ — The “Safety Needles – Global Strategic Business Report” report has been added to  ResearchAndMarkets.com’s offering.

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Global Safety Needles Market to Reach $4.3 Billion by 2030



The global market for Safety Needles estimated at US$2.5 Billion in the year 2022, is projected to reach a revised size of US$4.3 Billion by 2030, growing at a CAGR of 6.9% over the analysis period 2022-2030.

Active, one of the segments analyzed in the report, is projected to record 7.3% CAGR and reach US$3.2 Billion by the end of the analysis period. Growth in the Passive segment is estimated at 5.7% CAGR for the next 8-year period.



The U.S. Market is Estimated at $664.1 Million, While China is Forecast to Grow at 10.3% CAGR



The Safety Needles market in the U.S. is estimated at US$664.1 Million in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$1 Billion by the year 2030 trailing a CAGR of 10.3% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.6% and 6.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.



What`s New?

  • Special discussions on the global economic climate and market sentiment
  • Coverage on global competitiveness and key competitor percentage market shares
  • Market presence analysis across multiple geographies – Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and trademarked research platform
  • Complimentary updates for one year
  • Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

MARKET OVERVIEW

  • Impact of COVID-19 on Safety Needles Market
  • Competition
  • Safety Needles – Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Needles: A Prelude
  • Types of Needles
  • A Prelude to Safety Needles
  • Global Market Overview
  • Global Safety Needles Market Set to Grow
  • Active Safety Needles Account for a Major Share
  • Hospitals and Ambulatory Surgery Centers
  • US and Europe Dominate the Market, Asia-Pacific to Witness Fastest Growth
  • Recent Market Activity
  • WORLD BRANDS

MARKET TRENDS & DRIVERS

  • Legislations Curb Needle Stick Injuries Drive Demand for Safety Syringes and Needles
  • Rising Incidence of Hospital Acquired Infections Propels Demand for Safety Needles
  • Leading Nosocomial Infections in the US: Percentage Breakdown of Healthcare Cost from Leading Five Infections
  • Rise in Number of Surgeries Buoys Growth
  • Global Volume of Surgical Procedures (in Million) by Category: 2019
  • Growth in the Number of Surgeries in the US (2010-2020) and 2001-2010 (in %)
  • Number of Surgical Procedures (per 100,000 People) in Select Countries
  • Innovation Helps in Improving Trust for Safety Pen Needles
  • Growing Use of Self-Injection Devices to Boost Growth
  • Needle-Free Innovations to Make Hypodermic Needles Go into Oblivion
  • Needleless Systems Pose Threat to Traditional Syringes
  • Increased Demand for Use of Safety Needles & Insulin Pens in Hospital Settings
  • MACRO GROWTH DRIVERS
  • Consistent Rise in Healthcare Spending Worldwide to Drive Market Opportunities
  • Aging Population and Growing Number of Surgical Procedures Spur Demand
  • Growing Prevalence of Chronic Diseases Drive the Demand for Safety Needles
  • Fatalities by Heart Conditions: Estimated Percentage Breakdown for Cardiovascular Disease, Ischemic Heart Disease, Stroke, and Others

FOCUS ON SELECT PLAYERS (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.

For more information about this report visit https://www.researchandmarkets.com/r/214b2q

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