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Primary Catalyst Driving Safety Syringe Market Evolution in 2025: Surge in Blood-Borne Diseases Accelerates Demand for Safety Syringes in Healthcare Driver
What Is the Future Outlook for the Safety Syringe Market's Size and Growth Rate?The safety syringe market has experienced strong growth in recent years. It will rise from $8.95 billion in 2024 to $9.76 billion in 2025, at a CAGR of 9.1%. The growth can be attributed to concerns over needlestick injuries, regulatory requirements, the increasing adoption of safety measures, the rising prevalence of blood-borne diseases, and growing healthcare infrastructure.
The safety syringe market is expected to grow substantially, reaching $13.78 billion in 2029 at a CAGR of 9.0%. The growth is attributed to vaccination initiatives, the increasing geriatric population, greater focus on preventive healthcare, the expansion of the biopharmaceutical sector, and advancements in material sciences. Significant trends include rapid technological advancements, a focus on sustainable solutions, telehealth integration, customized solutions for specialized therapeutics, and improvements in emergency response and preparedness.
What Is Stimulating Growth in the Safety Syringe Market?
The growing prevalence of blood-borne diseases is expected to drive the growth of the safety syringe market in the future. Blood-borne diseases, caused by bacteria, viruses, or parasites transmitted through blood, pose significant health risks. Safety syringes play a vital role in reducing accidental exposure and ensuring the safe administration of medical procedures for both healthcare professionals and patients. For example, in April 2024, the World Health Organization, a Switzerland-based intergovernmental agency, reported that in 2022, approximately 254 million people worldwide were living with chronic hepatitis B, with 1.2 million new cases each year. The disease resulted in an estimated 1.1 million deaths, primarily due to cirrhosis and hepatocellular carcinoma (primary liver cancer). Furthermore, an estimated 50 million individuals globally were living with chronic hepatitis C, with around 1 million new infections annually, leading to approximately 242,000 deaths in 2022. As a result, the rising incidence of blood-borne diseases is propelling the safety syringe market.
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Which Key Market Leaders Are Driving Safety Syringe Industry Growth?
Major companies operating in the safety syringe market report are Cardinal Health Inc., Retractable Technologies Inc., Thermo Fisher Scientific Inc., Medtronic plc, Novo Nordisk A/s, Becton, Dickinson and Company, Baxter International Inc., Boston Scientific Corporation, Medline Industries LP, Terumo Corporation, B. Braun Melsungen AG, West Pharmaceutical Services Inc., Fresenius Kabi AG, Nemera, Smiths Medical International Ltd., Nipro Medical Corporation, Henke-Sass Wolf GmbH, Revolutions Medical Inc., Sol-Millennium Inc., UltiMed Inc., Unilife Corporation, AdvaCare Pharma, Axol Bio Corporation, Vita Needle Company, Numedico Technologies Pty Ltd., Duopross Meditech Corporation, DMC Medical Ltd., Guangdong Haiou Medical Apparatus Co. Ltd., Kendall Healthcare Group Ltd.
What Are the Emerging Trends in the Safety Syringe Industry?
Key players in the safety syringe market are working on the development of new medical solutions, such as glass vaccine syringes, to strengthen their market position. A glass vaccine syringe is a reusable medical device used for administering vaccines in a sterile manner. For instance, in September 2022, Becton, Dickinson, and Company, a US-based medical device manufacturer, launched the BD Effivax Glass Prefillable Syringe. These prefillable syringes enhance the safety and reliability of drug delivery, particularly for vaccines, by ensuring precise medication administration while minimizing contamination risks.
What Are the Main Segments in the Safety Syringe Market?
The safety syringe market covered in this report is segmented -
1) By Product: Retractable Safety Syringes, Non Retractable Safety Syringes
2) By Therapy: Insulin, Glucagon-like peptide-I (CLP-I), Tuberculosis, Growth Hormones
3) By Application: Subcutaneous, Intramuscular
4) By End-user: Hospitals, Ambulatory Surgical Centers, Long-term Care Facilities, Specialty Clinics, Other End Users
Subsegments:
1) By Retractable Safety Syringes: Automatic Retractable Safety Syringes, Manual Retractable Safety Syringes
2) By Non-Retractable Safety Syringes: Fixed Needle Safety Syringes, Shielded Needle Safety Syringes
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Which Geographic Area Leads the Safety Syringe Market?
North America was the largest region in the safety syringes market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the safety syringe market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Safety Syringe Global Market Report?
- Market Size Analysis: Analyze the Safety Syringe Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Safety Syringe Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Safety Syringe Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Safety Syringe Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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