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Leading Growth Driver in the Hypodermic Syringes And Needles Market in 2025: Rising Syringe And Needle Demand To Drive Market Growth Driver's Influence
Hypodermic Syringes And Needles Market Size
The anticipated increase in chronic diseases is predicted to boost the advancement of the hypodermic syringes and needles market. This surge in chronic diseases can primarily be attributed to elements such as senior populations, unhealthy ways of living, impacts of the environment, and a growing number of risk factors such as obesity and a lack of physical activity. Hypodermic syringes and needles play a crucial role in the effective management of chronic diseases by accurately providing medicines, vaccines, and biologic therapies. For example, in June 2024, the Australian Institute of Health and Welfare, an independent Australian Government agency that offers health and welfare statistics for Australians, reported that in 2022 around 15.4 million people, or 61%, were living with at least one long-term health condition. As such, the escalation of chronic diseases is expected to serve as a catalyst for the growth of the hypodermic syringes and needles market.
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How will the growth rate of the hypodermic syringes and needles market shape industry trends by 2034?
The market size for hypodermic syringes and needles has been on a steady rise in the past years. It is projected to expand from $7.01 billion in 2024 to $7.19 billion in 2025, with a compound annual growth rate (CAGR) of 2.5%. This growth during the historical period can be linked to advancements in medical technology, the spread of chronic diseases, the implementation of vaccination initiatives, an increase in the elderly population, the growth of the healthcare infrastructure, and global health initiatives.
The market for hypodermic syringes and needles is predicted to undergo consistent expansion in the upcoming years, reaching a value of "$8.74 billion by 2029 with a 5.0% compound annual growth rate (CAGR). This projected growth is linked to the expansion in biologics and biosimilars, the rise of home healthcare, an increase in diabetes cases, emphasis on infection control, the use of drug delivery devices in chronic conditions, and the boom of e-commerce in the field of medical supplies. Notable market trends for the forecast period also involve eco-friendly packaging, advancements in needle safety technology, the use of pre-filled syringes and autoinjectors, increased utilisation of telehealth and remote medication administration, and strategic collaborations in the manufacturing sector.
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What trends are poised to drive the future success of the hypodermic syringes and needles market?
Leading firms in the hypodermic syringes and needles market are focusing on the creation of groundbreaking passive safety needles to establish superiority in the market. A passive safety needle is a modified injection needle equipped with a self-activating safety feature that operates after usage, effectively providing a barrier for the needle tip to avoid needlestick injuries, necessitating no additional tasks from the healthcare provider. For example, MTD Group, a med-tech organization based in Italy, was given FDA approval for the DropSafe Sicura passive safety needle in January 2023. This pioneering injection needle is created for the intramuscular and subcutaneous delivery of vaccines and other medications in order to diminish needlestick injuries among healthcare professionals (HCPs). With an automatic locking transparent shield post-injection, the DropSafe Sicura requires no further activation, guaranteeing a more secure injection process.
Which primary segments of the hypodermic syringes and needles market are driving growth and industry transformations?
The hypodermic syringes and needles market covered in this report is segmented -
1) By Type: Syringes, Needles
2) By Usability: Disposable, Re-Usable
3) By Application: Blood Collection, Drug Delivery, Vaccination, Insulin Administration, Other Applications
4) By End-Use: Hospitals, Ambulatory Surgical Centers, Diagnostic Centers, Other End-Uses
Subsegments:
1) By Syringes: Disposable Syringes, Reusable Syringes, Safety Syringes
2) By Needles: Standard Needles, Safety Needles, Prefilled Needles, Specialty Needles
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Which geographical regions are pioneering growth in the hypodermic syringes and needles market?
North America was the largest region in the hypodermic syringes and needles market in 2024. The regions covered in the hypodermic syringes and needles market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the influential players reshaping the hypodermic syringes and needles market landscape?
Major companies operating in the hypodermic syringes and needles market include Becton Dickinson And Company, B. Braun Melsungen AG, Cardinal Health Inc., Smiths Medical Inc., Terumo Corporation, Nipro Corporation, Medline Industries LP, EXELINT International Co., Vitrex Medical A/S, Gerresheimer AG, Teleflex Incorporated, Catalent Pharma Solutions, DeRoyal Industries Inc., Hospira Inc., Owen Mumford Inc., Covidien plc, Schott AG, Codan Medizinische Geräte GmbH & Co. KG, Helapet Ltd., Vygon S.A., Medtronic plc, Argon Medical Devices Inc.
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What Is Covered In The Hypodermic Syringes And Needles Global Market Report?
• Market Size Forecast: Examine the hypodermic syringes and needles market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the hypodermic syringes and needles market for a structured understanding.
• Key Players Overview: Analyze major players in the hypodermic syringes and needles market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the hypodermic syringes and needles market.
• Segment Contributions: Evaluate how different segments drive overall growth in the hypodermic syringes and needles market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the hypodermic syringes and needles market.
• Industry Challenges: Identify potential risks and obstacles affecting the hypodermic syringes and needles market.
• Competitive Landscape: Review strategic developments in the hypodermic syringes and needles market, including expansions, agreements, and new product launches.
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