Safety Syringe Market Size Forecasted To Achieve $13.78 Billion By 2029 With Steady Growth

The Safety Syringe Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Safety Syringe Market Size and Projected Growth Rate?
In recent years, there has been a significant expansion in the safety syringe market size. The market, which was worth $8.95 billion in 2024, is projected to reach a worth of $9.76 billion in 2025, growing at a compound annual growth rate (CAGR) of 9.1%. Factors such as the rising worries about needlestick injuries, regulatory commands, enhanced adoption of precautionary methods, an upward trend in blood-borne diseases, and developing healthcare infrastructure have contributed to this considerable growth rate in the previous period.

There is anticipated robust growth for the safety syringe market in the coming years, reaching an estimated value of $13.78 billion in 2029, with a compound annual growth rate (CAGR) of 9.0%. Several factors are expected to contribute to this rise in the forecast period, including ongoing vaccination programs, a growing elderly population, heightened focus on preventive healthcare, the burgeoning biopharmaceutical sector, and advancements in material sciences. Key trends in this same forecast period are expected to be fast-paced technological innovation, a focus on sustainable solutions, the integration of telehealth, customized solutions for specific therapeutics, along with improved readiness and response to emergencies.

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What Are the Major 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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What Are The Driving Safety Syringe Market Evolution?
The increasing prevalence of diseases transmitted via blood is estimated to drive the development of the safety syringe market. These blood-borne diseases are infectious illnesses caused by microorganisms, such as bacteria, viruses, or parasites, which are carried in the blood. Safety syringes serve a preventive function in safeguarding healthcare practitioners and patients from potential risks related to blood-borne diseases. They lessen the chance of accidental exposures and encourage the application of best practices during medical operations. For instance, the World Health Organization, a Switzerland-based intergovernmental agency, in April 2024, disclosed that about 254 million individuals had chronic hepatitis B infection in 2022. Moreover, each year reported approximately 1.2 million new cases. It resulted in around 1.1 million fatalities that year, primarily due to cirrhosis and hepatocellular carcinoma, which is the primary liver cancer. Furthermore, an approximate 50 million population globally was living with constant hepatitis C virus infection, and about 1 million new infections were happening each year. In 2022, hepatitis C resulted in approximately 242,000 deaths, primarily due to cirrhosis and primary liver cancer, known as hepatocellular carcinoma. Consequently, the growing prevalence of blood-borne diseases is fuelling the advancement of the safety syringe market.

Which Firms Dominate The Safety Syringe Market Segments?
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, inson 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 Trends Are Driving Growth in The Safety Syringe Market?
Leading businesses in the safety syringe market are innovating with new product creations like the glass vaccine syringe in order to maintain a competitive advantage. Serving as a sterilized and reusable medical tool for vaccine injection, the glass vaccine syringe is gaining popularity. Case in point, in September 2022, the BD Effivax Glass Prefillable Syringe was unveiled by US-based medical device firm Becton, inson, and Company. These syringes, specifically designed for safety and dependability in drug delivery systems - particularly for vaccines, have been painstakingly engineered to ensure precise medication administration while addressing contamination and product integrity issues during their preparation and use. Changes and enhancements to their design and production processes help to minimise the dangers associated with the conventional vial forms, leading to a significant improvement in patient safety during vaccine administration.

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Which Is The Largest Region In 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.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Safety Syringe Market?
2. What is the CAGR expected in the Safety Syringe Market?
3. What Are the Key Innovations Transforming the Safety Syringe Industry?
4. Which Region Is Leading the Safety Syringe Market?

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