Press release
Needles Market to Reach USD 14.7 Billion by 2034
Needles
Download Full PDF Sample Copy of Market Report @ https://exactitudeconsultancy.com/request-sample/73447
The global needles market is expanding due to increasing demand for injectable drugs, growing vaccination programs, rising chronic disease burden (diabetes, cancer, autoimmune disorders), and adoption of minimally invasive procedures.
Market Overview
• Market Size (2024): USD 8.5 billion
• Forecast (2034): USD 14.7 billion
• CAGR (2025-2034): 5.6%
Growth is driven by rising prevalence of chronic diseases, strong immunization initiatives, and innovation in safety and specialty needles.
Key Highlights:
• Global vaccination programs (COVID-19, HPV, influenza) continue to support high demand.
• Safety-engineered needles reducing needlestick injuries.
• Pen needles and prefilled syringe needles driving diabetes and biologics use.
• Microneedles and smart delivery systems represent the future of painless injections.
Segmentation Analysis
By Product Type:
• Conventional Needles
• Safety Needles (retractable, shielded)
• Pen Needles (diabetes care, biologics)
• Suture Needles
• Blood Collection Needles
• Specialty Needles (biopsy, spinal, dental, ophthalmic)
• Microneedles (emerging, transdermal delivery)
By Material:
• Stainless Steel Needles
• Plastic Needles
• Silicon-Coated/Polymer Needles
By Application:
• Drug Delivery (insulin, biologics, vaccines)
• Blood Collection & Sampling
• Biopsy & Tissue Extraction
• Dialysis
• Dental Procedures
• Others (ophthalmology, cosmetic procedures)
By End Use:
• Hospitals & Clinics
• Diagnostic Centers
• Home Healthcare
• Ambulatory Surgical Centers
• Research & Academic Institutes
Segmentation Summary:
Conventional needles dominate, but safety-engineered and pen needles are the fastest-growing categories. Microneedles are emerging as a disruptive technology for painless drug delivery and vaccines.
Explore Full Report here: https://exactitudeconsultancy.com/reports/73447/needles-market
Regional Analysis
North America
• ~39% share in 2024.
• Strong demand from chronic disease management and vaccination campaigns.
• Strict OSHA regulations driving safety needle adoption.
Europe
• ~29% share.
• EMA guidelines and EU safety directives accelerating adoption of safety-engineered needles.
• High use in diabetes management and blood collection.
Asia-Pacific
• Fastest-growing region with CAGR of ~6.8%.
• Expanding vaccination coverage in India, China, and Southeast Asia.
• Rising burden of diabetes and oncology fueling demand.
Middle East & Africa
• Growth supported by WHO and UNICEF vaccination programs.
• Limited access to advanced specialty needles in rural areas.
Latin America
• Brazil and Mexico leading adoption.
• Expanding healthcare access driving demand for conventional and safety needles.
Regional Summary:
North America and Europe dominate due to safety regulations and advanced healthcare, while Asia-Pacific grows fastest due to vaccination programs, diabetes prevalence, and healthcare expansion.
Market Dynamics
Key Growth Drivers:
• Increasing prevalence of diabetes and cancer requiring injectable therapies.
• Expansion of global immunization programs.
• Adoption of safety-engineered devices to reduce needlestick injuries.
• Technological advancements in microneedles and smart delivery systems.
Key Challenges:
• Risk of infections and cross-contamination with improper use.
• High cost of advanced safety and specialty needles.
• Disposal and environmental impact of medical waste.
• Availability of alternative drug delivery methods (oral biologics, patches).
Latest Trends:
• Growth of microneedle patches for vaccines and drug delivery.
• Expansion of prefilled syringes and pen needles for biologics.
• Increasing adoption of eco-friendly needle materials.
• Smart, connected injection devices for digital health integration.
Get Your Exclusive Offer with up to 10% Discount : https://exactitudeconsultancy.com/checkout/?currency=USD&type=single_user_license&report_id=73447
Competitor Analysis
Major Players in the Market:
• Becton, Dickinson and Company (BD) - global leader in needles and syringes
• Terumo Corporation
• Nipro Corporation
• Smiths Medical (ICU Medical, Inc.)
• Medtronic plc
• Novo Nordisk A/S (diabetes care pen needles)
• Cardinal Health, Inc.
• Hamilton Company
• Owen Mumford Ltd. (safety pen needles)
• Hindustan Syringes & Medical Devices Ltd. (HMD)
Competitive Summary:
BD, Terumo, and Nipro dominate global supply, while Medtronic and Owen Mumford innovate in safety and specialty categories. Novo Nordisk drives growth in diabetes-related pen needles. Competition is focused on safety compliance, microneedle innovation, and cost-effective solutions for emerging markets.
Conclusion
The Needles Market, valued at USD 8.5 billion in 2024, is projected to reach USD 14.7 billion by 2034, growing at a CAGR of 5.6%. Rising vaccination programs, increasing chronic disease prevalence, and safety-driven innovation will continue to expand the market.
Key Takeaways:
• Conventional needles dominate, but safety-engineered and pen needles are growing fastest.
• North America and Europe lead adoption, while Asia-Pacific grows fastest.
• Microneedles and smart connected injection systems represent the future.
• Sustainability and medical waste management emerging as key priorities.
The next decade will see needles evolve from basic consumables to advanced, smart, and patient-friendly delivery systems, creating strong opportunities for medical device companies, pharma firms, and global health initiatives.
This report is also available in the following languages : Japanese (ニードルズマーケット), Korean (니들스 마켓), Chinese (尼德尔斯市场), French (Marché aux aiguilles), German (Nadelmarkt), and Italian (Mercato degli aghi), etc.
Request for a sample of this research report at (Use Corporate Mail ID for Quick Response) @ https://exactitudeconsultancy.com/reports/73447/needles-market#request-a-sample
Our More Reports:
Sustainable Laboratory Plasticware Market
https://exactitudeconsultancy.com/reports/73505/sustainable-laboratory-plasticware-market
Single-Cell Omics Market
https://exactitudeconsultancy.com/reports/73503/single-cell-omics-market
Multiomics Market
https://exactitudeconsultancy.com/reports/73501/multiomics-market
About Us
Exactitude Consultancy is a market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.
https://bulletin.exactitudeconsultancy.com/
https://www.thehealthanalytics.com/
https://www.analytica.global/
https://www.marketintelligencedata.com/
https://www.marketinsightsreports.com/
https://exactitudeconsultancy.com/
Connect Us:
Irfan Tamboli
PHONE NUMBER +1 (704) 266-3234
EMAIL ADDRESS: sales@exactitudeconsultancy.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Needles Market to Reach USD 14.7 Billion by 2034 here
News-ID: 4182594 • Views: …
More Releases from Exactitude Consultancy
Vacuum Insulated Pipe Market Projected to Reach USD 2.36 Billion by 2034
Introduction: A Market Built on Cryogenic Efficiency and Innovation
The global Vacuum Insulated Pipe (VIP) market is witnessing a steady surge driven by the expanding cryogenic industry, increased liquefied natural gas (LNG) trade, and rising demand for efficient liquid gas transportation systems. These specialized double-wall pipes, engineered with high vacuum insulation between inner and outer layers, have become indispensable in industries handling cryogenic fluids such as liquid nitrogen, oxygen, argon, and…
Solar PV Mounting Systems Market is Expected to Reach USD 31.7 Billion by 2034
Introduction: Powering the Next Decade of Solar Expansion
The Solar PV Mounting Systems Market is emerging as a crucial pillar in the clean energy revolution, enabling efficient, cost-effective, and durable installations of photovoltaic (PV) modules across rooftops, open fields, and floating structures. As the world accelerates toward carbon neutrality, the demand for robust, modular, and adaptable mounting systems has intensified across residential, commercial, and utility-scale solar projects.
Download Full PDF Sample Copy…
Tall Oil Fatty Acid Market projected to reach USD 2.21 billion by 2034
Introduction: A Sustainable Feedstock Powering the Future of Bio-based Chemicals
The Tall Oil Fatty Acid (TOFA) Market is gaining strong traction as industries increasingly shift toward renewable, sustainable, and bio-based chemical alternatives. Derived as a byproduct from the kraft pulping process of pine wood, TOFA has become a vital raw material in the production of alkyd resins, dimer acids, lubricants, coatings, and adhesives. Its unique composition-rich in oleic and linoleic acids-makes…
Lithium-Ion Battery Recycling Market Projected to Reach USD 27.3 Billion by 2034
Introduction: Powering the Circular Energy Transition
As the world accelerates toward electrification and clean energy, the demand for lithium-ion batteries has skyrocketed-fueling everything from electric vehicles (EVs) to smartphones and grid storage systems. However, this exponential growth brings with it an urgent environmental challenge: how to sustainably manage end-of-life batteries.
Download Full PDF Sample Copy of Market Report @ https://exactitudeconsultancy.com/request-sample/25354
The Lithium-Ion Battery Recycling Market has emerged as a cornerstone of the global…
More Releases for Needles
[2021] Safety Needles Market is Depth Survey Favorable Reimbursement for Pen Nee …
A needle is a solid and slender instrument, which is pointed at the end and is designed for puncturing of tissues. Safety needles have a safety mechanism built into the needles to protect healthcare workers and others from accidental needle-stick injuries. Safety needles reduce the incidence of infection, cost as well as offer better convenience and practicality in use. Factors such as accuracy, operation time, and prompt use design were…
Pen Needles Market
The global pen needles market is forecast to reach USD 2.48 Billion by 2026, according to a new report by Reports and Data. Pen needles offer several advantages over conventional needle and syringe device. These devices aid in self-administration of the medication and does not require any expertise. These needles are screwed to injection pens via the plastic hub and have the prescribed quantity of medication in it, which gets…
Port Access Needles Market Segmentation By product type Winged Port Access Needl …
Port is a medical instrument which is installed under the skin. It is connected to a vein by a catheter. Beneath the skin, the port has a wall termed as septum, through which drugs are injected and blood samples are drawn as many times avoiding the discomfort of several pricks by a needle. Port Access Needles are used for puncturing already implanted port systems. Port Access Needles provide safety from…
Port Access Needles Market Segmentation By product type Winged Port Access Needl …
Port is a medical instrument which is installed under the skin. It is connected to a vein by a catheter. Beneath the skin, the port has a wall termed as septum, through which drugs are injected and blood samples are drawn as many times avoiding the discomfort of several pricks by a needle. Port Access Needles are used for puncturing already implanted port systems. Port Access Needles provide safety from…
Hypodermic Needles to Dominate the Global Safety Needles Market During 2017-2027
The sole purpose of designing safety needles was to avoid needlestick injuries while collecting fluids and delivering drugs to the body. The key players of global market for safety needles are enhancing their product portfolio by focusing on production of innovative needles with safety features. These players include B. Braun Melsungen AG, Novo Nordisk A/S, Medtronic, and Becton, Dickinson and Company. Becton, Dickinson and Company holds its dominance in the…
EU5 Biopsy Devices Market Segments - Biopsy Guns & Needles, Biopsy Core Needles …
"The Report EU5 Biopsy Devices Market Outlook to 2023 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"
GlobalDatas new report, "EU5 Biopsy Devices Market Outlook to 2023", provides key market data on the EU5 Biopsy Devices market. The report provides value, in millions of US dollars, volume (in units) and and average prices (USD) within market segments - Biopsy Guns &…
