Safety Needles Market Size, Share & Trends Analysis Report by Type (Biopsy Needle, Hypodermic Needle, Pen Needle, Suture Needle, IV Catheter Needle, Huber Needle, Blood Collection Needle), by Use (Hospital Pharmacies, Private Clinics, Retail Pharmacies and Medical Store), by Region (Asia-Pacific, Europe, North America, South America and Middle East & Africa), and Segment Forecasts, 2021-2026.

 Pulichser: IMR

September 2022

 Pages: 186

 IMR 8783

Global safety needles market is expected to register a lucrative CAGR during the forecast period (2021 to 2026). Growing demand for injectable drugs is expected to be the key market driver. Awareness regarding needle injuries to healthcare workers can propel the market. These needles are effective in preventing transmission of deadly diseases such as Human Immunodeficiency Virus (HIV) and Hepatitis B (HBV). This fact can positively impact growth in the near future. In addition, government policies to discourage drug usage can further contribute to market growth.

Safety needles are the needles used in disposable syringes to minimize risks of injuries to healthcare workers. These needles are covered by a sheath. Advanced needles are equipped with a device that retracts needle into barrel to prevent injuries. Safety needles can be used for the medical professional that provide treatments for blood clotting disorders, osteoporosis, psoriasis, allergies, and others. Nearly 5.6 million healthcare workers are at risk of exposure to blood transmitted diseases. Most workers prefer using safety needles due to their user-friendly designs and accuracy.

According to this innovation market research, many regions in the Americas are witnessing an increase in the use of semi-automatic and automatic retractable syringe or retractable safety hypodermic needles. This increase in the awareness about NSIs among healthcare workers (HCWs) will propel the growth of the safety needles market in the region during the projected period. Furthermore, to support the use of safety needles, the government is also establishing a number of public health awareness programs in the region.

Strong government support is anticipated to boost manufacturing of safety syringes during the forecast period. Kenako Medical is expected to be the most prominent manufacturer of hypodermic syringes in South Africa. Introduction to epi-pens, a self-administrable injections and advancements in prefilled syringes can boost market expansion till 2026. For instance, Medtronic’s Insulin Safety syringes have a locking mechanism that can get activated after every use.

VACUETTE Tube-Touch Safety, a device by Grenier Bio-One has a locking mechanism. It is activated after the completion of blood collection procedure. This would be beneficial for medical professionals working at blood camps. Recently, Retractable Technologies launched VanishPoint Syringe. They comprise needles that retract immediately after the medicines are injected. These single use needles can protect the healthcare workers from injuries.

The global safety needles market is fragmented on the basis of products and regions. As per products, the market is divided into fine aspirating, suture, pen, prefilled, cannula, hypodermic, A.V. (arteriovenous) fistula, IV (intravenous) catheter, huber, biopsy, spinal anesthesia & epidural, and blood collection needles. Prefilled syringes are used in immunization camps as they require minimum training for equipment handling. Pen needles are expected to gain popularity due to surge in the cases of diabetes during the forecast period.

Geographically, the safety needles market is divided into Americas, Europe and Middle East & Africa (EMEA), and Asia Pacific (APAC). Americas may continue dominating the overall market on account of demand from North America during the forecast period. High prevalence of diseases and preference for pen & prefilled needles in hospitals can boost the regional growth. In addition, presence of major syringe manufacturers and launch of novel products can further support the expansion. APAC on the other hand, is touted to be the fastest-growing region in the forthcoming years.

Key players operating in the global safety needles market are Retractable Technologies, Medtronic, Smiths Medical, Terumo Corporation, and Becton-Dickinson (BD) Company. Most companies adopt mergers & acquisitions and novel product launches as some of the chief business strategies to maintain market hold. For instance, in 2016, Prism Medical & Design received 510(k) clearance from the US Food & Drug Administration (FDA) to launch ProteXsure Capsule system. This system consists of 100 needle capsules that cover the needle tips. This can protect users from needle injuries.

Key vendors in the global syringes and needles market
Becton Dickinson
Boston Scientific Corporation
Smiths Medical, Inc.
B.Braun (B. Braun Holding GmbH & Co. KG)
Retractable Technologies Inc.
JMI Syringes


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