Hypodermic Syringes And Needles Market Heading Towards An Optimistic Future: Surge From $7.01bn In 2024 To $8.74bn By 2029

How Is the Hypodermic Syringes And Needles Market Growing on the Global Stage?
The Hypodermic Syringes And Needles Market size has shown steady growth in recent years, rising from $7.01 billion in 2024 to $7.19 billion in 2025, with a compound annual growth rate (CAGR) of 2.5%. This historic growth can be accredited to various factors like medical advancements, prevalence of chronic diseases, vaccination programs, growth in geriatric population, expansion of healthcare infrastructure, and global health initiatives. It is predicted to continue this steady growth in the upcoming years, with an expected market size of $8.74 billion in 2029 at a compound annual growth rate (CAGR) of 5.0%. The growth in the forecasted period is attributed to the rise in biologics and biosimilars, home healthcare trends, increase in diabetes cases, focus on infection control, drug delivery devices for chronic conditions, and e-commerce growth in medical supplies. Major trends in the forecast period include sustainable packaging, technological advances in needle safety, pre-filled syringes and autoinjectors, telehealth and remote medication administration, strategic partnerships in manufacturing.

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What Are The Key Driving Factors of Hypodermic Syringes And Needles Market?
The steady growth of the hypodermic syringes and needles market can be credited to the ever-growing prevalence of chronic diseases. The rise in chronic diseases is primarily due to factors such as aging populations, unhealthy lifestyles, environmental influences, and increased prevalence of risk factors like obesity and sedentary behavior. This surge has resulted in increasing reliance on hypodermic syringes and needles for administering medications, vaccines, and biological therapies to manage such conditions effectively, ensuring precise dosage and delivery. For instance, in June 2024, according to the Australian Institute of Health and Welfare, approximately 15.4 million individuals, accounting for 61%, were reported to be living with at least one of the selected long-term health conditions in 2022. Therefore, the prevalence of chronic diseases is expected to further drive the hypodermic syringes and needles market in the upcoming years.

Which Are the Major Segments in The Hypodermic Syringes And Needles Market?

1) By Type: Syringes, Needles
2) By Usability: Disposable, Reusable
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

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Which Are the Major Players in The Hypodermic Syringes And Needles Market?

Key players 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, and Argon Medical Devices Inc.

What Are the Emerging Trends in The Hypodermic Syringes And Needles Market?

Major companies operating in the hypodermic syringes and needles market are creatively leveraging advanced innovative passive safety needles to gain a competitive edge. A passive safety needle is a type of injection needle with an automatic safety mechanism that activates post-use, effectively shielding the needle tip to prevent needlestick injuries without requiring additional actions from the healthcare professional. For instance, in January 2023, MTD Group, an Italy-based med-tech company, received FDA clearance for their DropSafe Sicura passive safety needle. This innovative injection needle is designed for the administration of vaccines and other drugs, intramuscularly and subcutaneously, aiming to eliminate needlestick injuries among healthcare professionals (HCPs). The DropSafe Sicura has an automatic locking transparent shield post-injection, requiring no additional activation, ensuring a safer injection experience.

Which Region Is Dominating The Hypodermic Syringes And Needles Market?
North America marked its place as the largest region in the hypodermic syringes and needles market in 2024, followed by Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.

What Does The Hypodermic Syringes And Needles Market Report 2025 Offer?
Hypodermic syringes and needles are critical medical devices deployed for the injection or withdrawal of bodily fluids or medications. The syringe is composed of a barrel, a plunger, and a tip or hub where the needle is attached. The Hypodermic Syringes And Needles Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.

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