Global Needlestick Safety Injection Devices
Market Report
2025
Global Needlestick safety injection devices market was valued at USD 1.26 Billion in 2022 and is projected to reach USD 1.84 Billion by 2030, registering a CAGR of 4.8% for the forecast period 2023-2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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Global Needlestick safety injection devices market was valued at USD 1.26 Billion in 2022 and is projected to reach USD 1.84 Billion by 2030, registering a CAGR of 4.8% for the forecast period 2023-2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Needlestick Safety Injection Devices Market Sales Revenue 2022 | $ 1.26 Million |
Global Needlestick Safety Injection Devices Market Sales Revenue 2030 | $ 1.84 Million |
Global Needlestick Safety Injection Devices Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.8% |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Needlestick Safety Injection Devices Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Needlestick safety injection devices are the type of equipment that helps to prevent injury occurrence owing to unintended needle pricks. These devices are retractable needle features, which are automatically retracted after the completion of injection. Needlestick safety injection devices are an important tool for a healthcare worker to protect from injuries. Furthermore, the various advantages of these devices such as easy disposal of safety needles, shielding needles, automatic needles retraction to the syringe barrel when the plunger is released, and easy disposal of needles safety. These devices are used in various healthcare settings such as home care, hospitals, and clinics settings.
The increasing prevalence of the needlestick safety injection devices significantly drives the growth of the global market
Increasing awareness regarding the working hazards and the rising number of stick needle injuries among healthcare workers. In addition, increasing safety concerns, governing scenarios, and availability of safety injections are the major driving factors of the expected growth of the needlestick safety injection devices market. Furthermore, increasing NSIs incidence owing to intravenous stylets, needles used to connect parts of intravenous delivery, blood collection needles, and hypodermic needles are expected to drive the needlestick safety injection devices market growth. Furthermore, rising various needle-stick injuries prevention programs and these programs are to inform healthcare professionals about the value of employing needlestick safety injection devices and appropriate needle-handling methods. Furthermore, the advancement of needlestick safety injection devices technology and the less cost of the safe disposal syringe is further boosting the growth of the needlestick safety injection devices market.
The increasing cost of needlestick safety injection devices may hamper the global market
Increasing the price of the needlestick safety injection devices and these devices are not affordable for every person is anticipated to restrict the growth of the needlestick safety injection devices market. In addition, these devices can price a few hundred dollars each, which is a substantial expense for various healthcare facilities and alternative cheaper device availability. However, safety injection devices’ strict government policies may hamper the growth of the target market.
The growing use of prefilled syringes is a major opportunity for market growth. These syringes are pre-filled with medicine and ready to use and removing the need for healthcare workers to draft the medicine, which decreases the needlestick injuries risk is projected to propel the needlestick safety injection devices market growth in the forecast period.
The COVID-19 outbreak had a positive impact on the needlestick safety injection devices market as the requirement for mass vaccination witnessed an increase since the outbreak of the disease. As the number of COVID-19 cases raised in the region, the key market players invested in research & development activities. This key player starts entering partnerships and agreements with government firms and other firms to develop needlestick safety injection devices for the disease. Furthermore, this device used pre-filled syringes and provided healthcare workers protection during the pandemic. Therefore, several benefits offered by needlestick safety injection devices have driven the market growth during the pandemic.
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In July 2020, Smiths Medical announced a strategic partnership with the U.S. Biomedical Advanced Research and Development Authority. The aim of this partnership is to increase needle and syringe device production and support the government’s COVID-19 vaccination efforts.
Gerresheimer has expanded the pre-fillable polymer syringe product line
In September 2019, Gerresheimer announced the expanded its Gx RTF ClearJect 2.25 ml a pre-fillable polymer syringes product line. This innovative product used primary packaging for sophisticated medications, especially for bio betters, biologicals, sensitive, and biosimilars.
Top Companies Market Share in Needlestick Safety Injection Devices Industry: (In no particular order of Rank)
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North America held the largest revenue market share, in 2022
In 2022, the North American region dominated the needlestick safety injection devices market and largest market share in terms of revenue. This growth is attributed to the presence of advanced healthcare facilities and rising needlestick safety injection adoption in the region. In addition, increasing spending by the government and awareness about the NSIs among people is anticipated to drive the growth of the market in the region.
Europe is projected to hold the second-largest share in the needlestick safety injection devices market during the forecast period. This is owing to the increasing acceptance of indigenous medicinal devices, increasing awareness about NSIs, and healthcare. Higher expenditure by several government activities in this region is likely to propel the target market growth in this region.
The current report Scope analyzes Needlestick Safety Injection Devices Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Needlestick Safety Injection Devices Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Needlestick Safety Injection Devices Industry growth. Needlestick Safety Injection Devices market has been segmented with the help of its Type, Application , and others. Needlestick Safety Injection Devices market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
In 2022, the safety syringes segment is expected to witness robust growth over the forecast period. This is attributed to the growing use of safety syringes to prevent infectious infections such as AIDS/ HIV and Hepatitis B. In addition, this is safe disposal after use thus preventing the spread of infections this factor affects the growth of the target segment. On the other hand, safety needles are projected to grow at the highest growth rate during the anticipated period, from 2023 to 2030.
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In 2022, the hospital’s segment is anticipated to witness the fastest growth rate in the target market. This is due to the increasing demand for needlestick safety injection devices for safe medicinal procedures is a key factor fueling the growth of this segment.
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Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the medical devices & consumables industry. She has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations.
In her current role, Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses. Her collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization.Anushka remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Needlestick Safety Injection Devices Market is witnessing significant growth in the near future.
In 2023, the Safety Needles segment accounted for noticeable share of global Needlestick Safety Injection Devices Market and is projected to experience significant growth in the near future.
The Hospitals segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Medtronic , Smiths Group and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Safety Needles, Safety Syringe |
Application | Hospitals, Ambulatory Surgical Centres, Specialty Clinics, Diagnostic Centres, Others |
List of Competitors | Medtronic, BD, Smiths Group, West Pharmaceuticals, Terumo, Unilife, Catalent, Beipu, Revolutions Medical, Retractable Technologies, Gerresheimer AG, Duopross Meditech, and Others. |
This chapter will help you gain GLOBAL Market Analysis of Needlestick Safety Injection Devices. Further deep in this chapter, you will be able to review Global Needlestick Safety Injection Devices Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Needlestick Safety Injection Devices. Further deep in this chapter, you will be able to review North America Needlestick Safety Injection Devices Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Needlestick Safety Injection Devices. Further deep in this chapter, you will be able to review Europe Needlestick Safety Injection Devices Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Needlestick Safety Injection Devices. Further deep in this chapter, you will be able to review Asia Pacific Needlestick Safety Injection Devices Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Needlestick Safety Injection Devices. Further deep in this chapter, you will be able to review South America Needlestick Safety Injection Devices Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Needlestick Safety Injection Devices. Further deep in this chapter, you will be able to review Middle East and Africa Needlestick Safety Injection Devices Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Needlestick Safety Injection Devices. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Needlestick Safety Injection Devices market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Safety Needles have a significant impact on Needlestick Safety Injection Devices market? |
What are the key factors affecting the Safety Needles and Safety Syringe of Needlestick Safety Injection Devices Market? |
What is the CAGR/Growth Rate of Hospitals during the forecast period? |
By type, which segment accounted for largest share of the global Needlestick Safety Injection Devices Market? |
Which region is expected to dominate the global Needlestick Safety Injection Devices Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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