Syringe and Needle Market Size, Share & Trends Analysis | Global | 2024-2030 | MedCore | Includes: Syringes (Conventional and Safety), and Needles (Conventional, Safety, and Blunt Fill)

  • Year: 2024
  • Scope: 10 Years
  • Region: Global
  • Published Date: 10/25/2023
  • Type: MedCore

Product Description

Overall, the global syringe and needle market was valued at $5.1 billion in 2023. This is expected to increase over the forecast period at a CAGR of 1.3% to reach $5.6 billion.

Throughout this medical market research, we analyzed over 30 syringe and needle companies across 7 continents and used our comprehensive methodology to understand the market sizes, unit sales, company market shares, and to create accurate forecasts. The full report suite on the global market for catheter securement includes two distinct segments: syringes and needles. The syringe segment includes both conventional syringes and safety syringes. On the other hand, the needle segment covers conventional needles, safety needles and blunt fill needles.

DATA TYPES INCLUDED

  • Unit Sales, Average Selling PricesMarket Value & Growth Trends
  • Forecasts Until 2030, and Historical Data to 2020
  • Market Drivers & Limiters for Each Segment
  • Competitive Analysis with Market Shares for Each Segment
  • Recent Mergers & Acquisitions
  • COVID19 Impact
  • Disease Overviews and Demographic Information
  • Company Profiles, Product Portfolios and SWOT for Top Competitors

Global Syringe and Needle Market Insights

Global Syringe and Needle Market

Rising vaccination rates have led to an increased demand for syringes and traditional needles. These vaccines cater to various illnesses, such as protection against human papillomavirus (HPV), hepatitis, and other diseases. Back in 2009, the surge in demand for vaccines to combat the H1N1 virus was notable. To address this, the U.S. government procured around 200 million H1N1 flu vaccine doses from manufacturers, aiming to vaccinate two-thirds of the population. With vaccinations becoming more commonplace, this trend will continue to propel the syringe and needle market.

Global Syringe and Needle Market Share Insight

Global Syringe and Needle Market

In 2023, Becton Dickinson (BD) continued to dominate the syringe and needle market, primarily within the hospital segment, accounting for over half of total sales. Their extensive production capacity enabled the provision of syringes at competitive prices. BD’s product portfolio boasted SafetyGlide™ shielding hypodermic needles, Eclipse™ pivoting injection needles, and Integra™ retractable syringes.

Following closely behind, Cardinal Health secured the position of the second-largest competitor, making significant strides in the market after acquiring Medtronic’s Patient Care division. This acquisition allowed Cardinal Health to offer the Monoject™ and Magellan™ lines, both retrofitted as safety devices, boosting their standing in the industry.

In 2023, B. Braun held the third spot among competitors in the syringe and needle market. The company had experienced substantial growth in market share, particularly in regions like Germany, France, and the United Kingdom over recent years. B. Braun’s product line includes standard and fine-dose two-part and three-part syringes.

Market Segmentation Summary

  • Global Syringe Market – Includes:
    • Conventional Syringes and Safety Syringes.
  • Global Needle Market – Includes:
    • Conventional Needled, Safety Needles, and Blunt Fill Needles.

Global Research Scope Summary

Report AttributeDetails
RegionsNorth America (Canada, United States)
Latin America (Argentina, Brazil, Chile, Colombia, Mexico, Peru, Venezuela)
Western Europe (Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, U.K.)
Central & Eastern Europe (Baltic States, Bulgaria, Croatia, Czech Republic, Greece, Hungary, Kazakhstan, Poland, Romania, Russia, Turkey, Ukraine)
Middle East (Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates)
Asia Pacific (Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Myanmar, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam)
Africa (Algeria, Egypt, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda)
Base Year2023
Forecast2024-2030
Historical Data2020-2023
Quantitative CoverageMarket Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices.
Qualitative CoverageCOVID19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios, FDA Recalls, Disruptive Technologies, Disease Overviews.
Data SourcesPrimary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data, iData Research Internal Database.

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Syringe and Needle Market
17.1 Executive Summary
17.1.1 Global Syringe and Needle Market Overview
17.1.2 Competitive Analysis
17.1.3 Markets Included
17.1.4 Regions Included
17.2 Introduction
17.3 Market Overview
17.3.1 By Segment
17.3.2 By Region
17.4 Market Analysis and Forecast
17.4.1 Syringe Market
17.4.1.1 Conventional Syringe Market
17.4.1.2 Safety Syringe Market
17.4.2 Needle Market
17.4.2.1 Conventional Needle Market
17.4.2.2 Safety Needle Market
17.4.2.3 Blunt Fill Needle Market
17.5 Drivers and Limiters
17.5.1 Market Drivers
17.5.2 Market Limiters
17.6 Competitive Market Share Analysis
Becton Dickinson
Cardinal Health
B. Braun
Terumo
Artsana
ICU Medical
Pentaferte
Retractable Technologies
Others
Chart 17‑1: Syringe and Needle Market, Global, 2023 & 2030
Chart 17‑2: Syringe and Needle Units Sold, Global, 2023
Chart 17‑3: Syringe and Needle Market by Segment, Global, 2020 – 2030
Chart 17‑4: Syringe and Needle Market by Region, Global, 2020 – 2030
Chart 17‑5: Leading Competitors, Syringe and Needle Market, Global, 2023
Figure 17‑1: Syringe and Needle Markets Covered
Figure 17‑2: Syringe and Needle Regions Covered, Global (1 of 2)
Figure 17‑3: Syringe and Needle Regions Covered, Global (2 of 2)
Figure 17‑4: Syringe and Needle Market by Segment, Global, 2020 – 2030 (US$M)
Figure 17‑5: Syringe and Needle Market by Region, Global, 2020 – 2030 (US$M)
Figure 17‑6: Syringe Market by Segment, Global, 2020 – 2030 (US$M)
Figure 17‑7: Total Syringe Market, Global, 2020 – 2030
Figure 17‑8: Units Sold by Region, Syringe Market, Global, 2020 – 2030
Figure 17‑9: Average Selling Price by Region, Syringe Market, Global, 2020 – 2030 (US$)
Figure 17‑10: Market Value by Region, Syringe Market, Global, 2020 – 2030 (US$M)
Figure 17‑11: Conventional Syringe Market, Global, 2020 – 2030
Figure 17‑12: Units Sold by Region, Conventional Syringe Market, Global, 2020 – 2030
Figure 17‑13: Average Selling Price by Region, Conventional Syringe Market, Global, 2020 – 2030 (US$)
Figure 17‑14: Market Value by Region, Conventional Syringe Market, Global, 2020 – 2030 (US$M)
Figure 17‑15: Safety Syringe Market, Global, 2020 – 2030
Figure 17‑16: Units Sold by Region, Safety Syringe Market, Global, 2020 – 2030
Figure 17‑17: Average Selling Price by Region, Safety Syringe Market, Global, 2020 – 2030 (US$)
Figure 17‑18: Market Value by Region, Safety Syringe Market, Global, 2020 – 2030 (US$M)
Figure 17‑19: Needle Market by Segment, Global, 2020 – 2030 (US$M)
Figure 17‑20: Total Needle Market, Global, 2020 – 2030
Figure 17‑21: Units Sold by Region, Needle Market, Global, 2020 – 2030
Figure 17‑22: Average Selling Price by Region, Needle Market, Global, 2020 – 2030 (US$)
Figure 17‑23: Market Value by Region, Needle Market, Global, 2020 – 2030 (US$M)
Figure 17‑24: Conventional Needle Market, Global, 2020 – 2030
Figure 17‑25: Units Sold by Region, Conventional Needle Market, Global, 2020 – 2030
Figure 17‑26: Average Selling Price by Region, Conventional Needle Market, Global, 2020 – 2030 (US$)
Figure 17‑27: Market Value by Region, Conventional Needle Market, Global, 2020 – 2030 (US$M)
Figure 17‑28: Safety Needle Market, Global, 2020 – 2030
Figure 17‑29: Units Sold by Region, Safety Needle Market, Global, 2020 – 2030
Figure 17‑30: Average Selling Price by Region, Safety Needle Market, Global, 2020 – 2030 (US$)
Figure 17‑31: Market Value by Region, Safety Needle Market, Global, 2020 – 2030 (US$M)
Figure 17‑32: Blunt Fill Needle Market, Global, 2020 – 2030
Figure 17‑33: Units Sold by Region, Blunt Fill Needle Market, Global, 2020 – 2030
Figure 17‑34: Average Selling Price by Region, Blunt Fill Needle Market, Global, 2020 – 2030 (US$)
Figure 17‑35: Market Value by Region, Blunt Fill Needle Market, Global, 2020 – 2030 (US$M)
Figure 17‑36: Leading Competitors, Syringe and Needle Market, Global, 2023

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Our reports follow an in-depth 9-step methodology which focuses on the following research systems:

  • Original primary research that consists of the most up-to-date market data
  • Strong foundation of quantitative and qualitative research
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Step 1: Project Initiation & Team Selection During this preliminary investigation, all staff members involved in the industry discusses the topic in detail.

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Step 3: Preparation for Interviews & Questionnaire Design The core of all iData research reports is primary market research. Interviews with industry insiders represent the single most reliable way to obtain accurate, current data about market conditions, trends, threats and opportunities.

Step 4: Performing Primary Research At this stage, interviews are performed using contacts and information acquired in the secondary research phase.

Step 5: Research Analysis: Establishing Baseline Estimates Following the completion of the primary research phase, the collected information must be synthesized into an accurate view of the market status. The most important question is the current state of the market.

Step 6: Market Forecast and Analysis iData Research uses a proprietary method to combine statistical data and opinions of industry experts to forecast future market values.

Step 7: Identify Strategic Opportunities iData analysts identify in broad terms why some companies are gaining or losing share within a given market segment.

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Overall, the global syringe and needle market was valued at $5.1 billion in 2023. This is expected to increase over the forecast period at a CAGR of 1.3% to reach $5.6 billion.

  • 2024
  • 10 Years
  • Global
  • 10/25/2023
  • MedCore
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