Safety Syringe Market Expected to Achieve 8.8% CAGR by 2029: Growth Forecast Insights

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How Large Will the Safety Syringe Market Size By 2025?_x000D_
The market size for safety syringes has experienced robust growth in the past few years. The projection is an increase from $8.95 billion in 2024 to $9.68 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 8.1%. Factors contributing to this growth during the historical timeframe include concerns about needlestick injuries, regulatory requirements, the adoption of safety protocols, an increase in blood-borne disease incidences, and expansion of healthcare infrastructure._x000D_
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How Big Is the Safety Syringe Market Size Expected to Grow by 2029?_x000D_
The market for safety syringes is predicted to undergo substantial expansion in the near future. The anticipated growth has it reaching $13.55 billion by 2029, with a compound annual growth rate (CAGR) of 8.8%. Factors fueling this surge during the estimated period include expansive vaccination programs, a burgeoning older population, an amplified emphasis on preventive health care, a flourishing biopharmaceutical sector, and advances in material sciences. Trending developments expected during this projected period encompass swift technological advances, focus on sustainable solutions, integration of telehealth, tailored solutions for niche therapeutics, and an improved approach towards emergency response and readiness._x000D_
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Which Key Market Drivers Powering Safety Syringe Market Expansion and Growth?_x000D_
The safety syringe market's expansion is anticipated to be boosted by the increasing prevalence of blood-borne illnesses. Blood-borne diseases are infections transmitted via the blood, caused by microorganisms like bacteria, viruses, or parasites. The use of safety syringes serves as a precautionary step to shield healthcare professionals and patients from the hazards linked with blood-borne diseases by minimizing accidental exposures and encouraging optimal medical procedures. To illustrate, the World Health Organization, a Switzerland-based intergovernmental agency, reported in April 2024 that roughly 254 million individuals were afflicted with chronic hepatitis B infection in 2022, with about 1.2 million new instances emerging annually. The ailment led to an approximate 1.1 million deaths in that year, predominantly from cirrhosis and hepatocellular carcinoma (primary liver cancer). Moreover, a projected 50 million individuals globally have chronic hepatitis C virus infection, with nearly 1 million new infections each year. Hepatitis C resulted in about 242,000 deaths in 2022, mostly due to cirrhosis and hepatocellular carcinoma (primary liver cancer). Consequently, the growing prevalence of blood-borne diseases facilitates the upward trend of the safety syringe market._x000D_
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Which Emerging Trends Are Transforming the Safety Syringe Market in 2025?_x000D_
Prominent corporations in the safety syringe industry are innovating and releasing new items, including the glass vaccine syringe, in order to gain an upper hand in the market. The glass vaccine syringe is a medical appliance manufactured from glass that's utilized for injecting vaccines into patients. It provides a sterile and reusable solution for medication administration. For example, in September 2022, the medical device corporation based in the US, Becton, Dickinson, and Company, introduced the BD Effivax Glass Prefillable Syringe. These prefilled syringes are distinctive in their design to boost the safety and dependability of drug delivery mechanisms, particularly for vaccines. They are configured to assure precise medication distribution and competently address worries about contamination and product integrity during the preparation and administration phases. Enhancements in designs and fabrication methods strive to minimize hazards linked to conventional vial formats, substantially amplifying general patient safety during vaccine distribution._x000D_
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What Are the Emerging Segments in the Safety Syringe Market?_x000D_
The safety syringe market covered in this report is segmented - _x000D_
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1) By Product: Retractable Safety Syringes, Non Retractable Safety Syringes_x000D_
2) By Therapy: Insulin, Glucagon-like peptide-I (CLP-I), Tuberculosis, Growth Hormones_x000D_
3) By Application: Subcutaneous, Intramuscular_x000D_
4) By End-user: Hospitals, Ambulatory Surgical Centers, Long-term Care Facilities, Specialty Clinics, Other End Users_x000D_
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Subsegments:_x000D_
1) By Retractable Safety Syringes: Automatic Retractable Safety Syringes, Manual Retractable Safety Syringes_x000D_
2) By Non-Retractable Safety Syringes: Fixed Needle Safety Syringes, Shielded Needle Safety Syringes_x000D_
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Who Are the Global Leaders in the Safety Syringe Market?_x000D_
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._x000D_
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Which are the Top Profitable Regional Markets for the Safety Syringe Industry?_x000D_
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._x000D_
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