What are the recent trends in market size and growth for the high flow needle sets market?
The high flow needle sets market size has grown strongly in recent years. It will grow from $1.16 billion in 2024 to $1.28 billion in 2025 at a compound annual growth rate (CAGR) of 9.6%. The growth in the historic period can be attributed to medical procedure evolution, increasing prevalence of chronic diseases, demographic shifts, healthcare infrastructure development, and regulatory compliance.
The high flow needle sets market size is expected to see strong growth in the next few years. It will grow to $1.82 billion in 2029 at a compound annual growth rate (CAGR) of 9.3%. The growth in the forecast period can be attributed to medical procedure modernization, expanding role in minimally invasive surgery, patient-centric healthcare, technological convergence, and global healthcare accessibility. Major trends in the forecast period include technological advancements, expansion of minimally invasive procedures, shift towards home healthcare, emphasis on infection control, and integration with digital health solutions.
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Which major factors have contributed to the expansion of the high flow needle sets market?
The rising number of surgical procedures is expected to propel the growth of the high-flow needle set market going forward. Surgical procedures are medical operations involving the manual and instrumental techniques performed by a surgeon to diagnose, treat, or repair tissues or organs, often aimed at improving a patient’s health or bodily function. The rising number of surgical procedures can be attributed to factors such as an aging population, advancements in medical technology, the increasing prevalence of chronic diseases, improved access to healthcare, and the greater availability of minimally invasive surgical techniques. High-flow needle sets are used in surgical procedures to facilitate rapid administration of fluids, medications, or blood products directly into the bloodstream, ensuring efficient and effective patient management during surgery. For instance, in April 2022, according to a report published by the Aesthetic Society, a US-based organization of board-certified plastic surgeons, surgical procedures saw a 54% increase, with an average of 320 surgical procedures performed by plastic surgeons in 2021. Therefore, the rising number of surgical procedures is driving the growth of the high-flow needle set market.
How is the high flow needle sets market segmented?
The high flow needle sets market covered in this report is segmented –
1) By Product Type: 26 Gauge High Flow Needle Sets, 24 Gauge High Flow Needle Sets
2) By Volume Or Capacity: High Flow Needle Sets Less-than (<) 10ml, High Flow Needle Sets between 10-100ml, High Flow Needle Sets Greater-than (>) 100ml
3) By Material: Stainless Steel High Flow Needle Sets, Polycarbonate High Flow Needle Sets
4) By End Use: Hospitals, Ambulatory Surgical Centers, Diagnostic Centers, Other End-Users
Subsegments:
1) By 26 Gauge High Flow Needle Sets: Single Use 26 Gauge High Flow Needle Sets, Reusable 26 Gauge High Flow Needle Sets
2) By 24 Gauge High Flow Needle Sets: Single Use 24 Gauge High Flow Needle Sets, Reusable 24 Gauge High Flow Needle Sets
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Who are the top competitors in the high flow needle sets market?
Major companies operating in the high flow needle sets market are Cardinal Health Inc., Thermo Fisher Scientific Inc., Fresenius Medical Care AG & Co. KGaA, Becton Dickinson and Company, Baxter International Inc., Medline Industries Inc., Terumo Corporation, Nipro Corporation, Smiths Group plc., Teleflex Incorporated, B. Braun Medical Inc., ICU Medical Inc., Concordance Healthcare Solutions, Retractable Technologies Inc., Recorders & Medicare Systems P Ltd., Right Way Medical., KORU Medical Systems, TradeMed, Alpha Medicare & Devices Pvt. Ltd., AmDel, George Philips Medical Engineering Pvt. Ltd., Mediwide Sdn Bhd, Norfolk Medical, RMS Medical Products, Wolf-Pak
Which key trends are expected to influence the high flow needle sets market in the coming years?
Major companies operating in the high flow needle sets market are developing portable syringe infusion systems to enhance patient mobility and improve ease of use. Portable syringe infusion systems deliver fluids or medications to patients in a controlled manner, over an extended period. For instance, In August 2024, Innovative Health Sciences, is a UK-based medical device company announced the expansion of its commercialization team following FDA clearance for the Insignis Syringe Infusion System. This portable, non-electric syringe driver is designed for both intravenous and subcutaneous use, providing a user-friendly solution that allows patients to manage their infusion rates with ease. The Insignis system incorporates a selectable rate flow control device, which significantly enhances patient comfort by addressing common challenges associated with infusion therapy, such as painful injection sites.
Which regional trends are influencing the high flow needle sets market, and which area dominates the industry?
North America was the largest region in the high flow needle sets market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the high flow needle sets market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
What Does The High Flow Needle Sets Market Report 2025 Offer?
The high flow needle sets market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
High flow needle sets are medical devices used in various medical procedures to administer fluids or medications at a relatively high flow rate. High flow needle sets are designed to accommodate the rapid delivery of fluids, medications, blood products, or contrast agents, making them suitable for situations where a large volume of fluid needs to be administered quickly.
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