USD 8.9 billion
Report ID:
SQMIG35B2132 |
Region:
Global |
Published Date: February, 2025
Pages:
202
|Tables:
111
|Figures:
77
Global Safety Syringes Market size was valued at USD 8.9 billion in 2023 and is poised to grow from USD 9.51 billion in 2024 to USD 16.09 billion by 2032, growing at a CAGR of 6.8% during the forecast period (2025-2032).
The global safety syringes market has experienced significant growth in recent years, driven by rising concerns about needlestick injuries, bloodborne infections, and the need for safer healthcare practices. The increasing adoption of safety-engineered syringes in hospitals, clinics, and other healthcare settings has been a key factor propelling market expansion. Stringent regulations and guidelines implemented by various governments and health organizations to ensure healthcare worker safety have also contributed to the market's upward trajectory. The market has seen the introduction of innovative safety syringe designs that offer features such as retractable needles, automatic safety mechanisms, and needlestick prevention.
As awareness about the importance of needlestick injury prevention continues to grow, the global safety syringes market is poised to maintain its growth momentum. However, challenges related to cost and availability in certain regions, as well as the need for comprehensive training, may impact the market's growth to some extent.
US Safety Syringes Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2025-2032
Global Market Size
USD 8.9 billion
Largest Segment
Hospitals
Fastest Growth
Blood Donation Camps
Growth Rate
6.8% CAGR
To get more reports on the above market click here to Buy The Report
Global Safety Syringes Market is segmented by Product Type, Distribution Channel, Application, End-user and region. Based on Product Type, the market is segmented into Retractable and Non-retractable. Based on Distribution Channel, the market is segmented into Direct to Customer (DTC), Retail Sales and Online Pharmacies. Based on Application, the market is segmented into Subcutaneous, Intramuscular and Others. Based on End-user, the market is segmented into Hospitals, Ambulatory Surgical Centers, Long-term Care Facilities, Specialty Clinics and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Retractable safety syringes have emerged as the dominating market force. These syringes offer a distinct advantage by incorporating mechanisms that retract the needle back into the syringe barrel after use, effectively eliminating the risk of accidental needlestick injuries. This innovative design addresses the pressing concern of healthcare worker safety, reducing the potential for the transmission of bloodborne infections.
However, Retractable Safety Syringes have also emerged as the fastest-growing segment in the market. These syringes feature an innovative design that allows the needle to retract into the syringe barrel after use, reducing the risk of accidental needlestick injuries. The growing awareness about healthcare worker safety and the need to prevent needlestick incidents has driven the demand for retractable safety syringes.
Among all, hospitals stand out as the largest and dominating sector. Hospitals represent the core of patient care and medical procedures, accounting for a substantial portion of the demand for safety syringes. The sheer volume of injections and procedures performed daily in hospital environments necessitates the use of safety-engineered syringes to minimize the risk of needlestick injuries and cross-contamination. Moreover, hospitals are often at the forefront of implementing safety protocols and complying with regulations to protect healthcare workers and patients.
The hospitals are also poised to be the fastest growing as well. This is due to their high patient volume and the critical nature of healthcare procedures performed within their premises.
To get detailed analysis on other segments, Request For Free Sample Report
North America currently stands as the dominating market in the safety syringes industry. The region's dominance can be attributed to stringent regulations regarding healthcare worker safety, well-established healthcare infrastructure, and higher awareness levels about the risks associated with needlestick injuries and bloodborne infections. Additionally, increased investments in research and development, along with a proactive approach to adopting advanced medical technologies, have further fueled the adoption of safety syringes.
However, Asia Pacific stands out as the fastest-growing market in the safety syringes sector. The region's rapid economic development, expanding healthcare infrastructure, and increasing focus on patient and healthcare worker safety have fueled the demand for safety syringes. Developing countries in Asia Pacific, such as China and India, have witnessed significant investments in healthcare facilities and a growing awareness of the risks associated with needlestick injuries, driving the adoption of safety-engineered syringes. Additionally, rising government initiatives to curb bloodborne infections and stringent regulations mandating the use of safety devices in healthcare settings have further accelerated the market's growth in the region.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Increasing Needlestick Injuries
Cost considerations
Request Free Customization of this report to help us to meet your business objectives.
The global safety syringes market exhibits a competitive landscape characterized by the presence of several key players striving for market dominance. Companies such as Becton, Dickinson and Company, Medtronic plc, Terumo Corporation, Smiths Medical, and Retractable Technologies, Inc. are at the forefront of innovation and product development in this sector.
These industry leaders have invested significantly in research and development to introduce advanced safety features and technologies, enhancing the efficacy and user-friendliness of safety syringes.
As the demand for safer healthcare practices continues to rise globally, the competitive landscape of the safety syringes market is expected to remain dynamic, with a focus on innovation, regulatory compliance, and meeting the evolving needs of healthcare professionals and patients.
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to global Safety syringes market analysis, the market analysis reveals a growing demand for these specialized medical devices due to escalating concerns surrounding needlestick injuries and bloodborne infections. The market's expansion is driven by the adoption of safety-engineered syringes across various healthcare settings, spurred by stringent regulations and guidelines focused on healthcare worker safety. Innovative designs, such as retractable needles and automatic safety mechanisms, are gaining traction, reflecting the industry's commitment to preventing needlestick injuries. The market's potential is evident across regions as governments and health organizations continue to emphasize safer healthcare practices. Nonetheless, challenges related to cost, availability, and training could influence the market's growth trajectory.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 8.9 billion |
Market size value in 2032 | USD 16.09 billion |
Growth Rate | 6.8% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
|
Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Safety Syringes Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Safety Syringes Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Safety Syringes Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Safety Syringes Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Safety Syringes Market size was valued at USD 9.11 Billion in 2023 and is poised to grow from USD 9.82 Billion in 2024 to USD 17.91 Billion by 2032, growing at a CAGR of 7.8% during the forecast period (2025-2032).
The global safety syringes market exhibits a competitive landscape characterized by the presence of several key players striving for market dominance. Companies such as Becton, Dickinson and Company, Medtronic plc, Terumo Corporation, Smiths Medical, and Retractable Technologies, Inc. are at the forefront of innovation and product development in this sector. 'Becton, Dickinson and Company (US)', 'Medtronic plc (US)', 'Terumo Corporation (Japan)', 'Smiths Medical (US)', 'Retractable Technologies, Inc. (US)', 'Gerresheimer AG (Germany)', 'Baxter International Inc. (US)', 'B. Braun Melsungen AG (Germany)', 'Cardinal Health, Inc. (US)', 'Nipro Corporation (Japan)', 'UltiMed, Inc. (US)', 'Revolutions Medical Corporation (US)', 'Axel Bio Corporation (US)', 'Gerresheimer AG (Germany)', 'HTL-STREFA S.A. (Poland)', 'DMC Medical Limited (UK)', 'Sol-Millennium Medical Group (South Korea)', 'Amcor plc (UK)', 'Bayer AG (Germany)', 'Vygon (France)'
Accidental needlestick injuries in healthcare settings carry a substantial threat to healthcare providers, potentially resulting in the transmission of bloodborne illnesses like HIV, hepatitis B, and hepatitis C. This increased recognition of the dangers associated with needlestick injuries has spurred a notable surge in the market for safety syringes. These specialized syringes are designed to effectively mitigate the risk of unintended needlestick injuries and their subsequent consequences.
Rise of Self-Injection and Home Healthcare: Patients are increasingly taking an active role in managing their conditions, and safety syringes equipped with user-friendly features are enabling safer and more convenient self-administration of medications at home. This trend aligns with the growing emphasis on patient empowerment, reducing healthcare facility visits, and improving overall treatment adherence.
North America currently stands as the dominating market in the safety syringes industry. The region's dominance can be attributed to stringent regulations regarding healthcare worker safety, well-established healthcare infrastructure, and higher awareness levels about the risks associated with needlestick injuries and bloodborne infections. Additionally, increased investments in research and development, along with a proactive approach to adopting advanced medical technologies, have further fueled the adoption of safety syringes.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Feedback From Our Clients
Report ID: SQMIG35B2132
[email protected]
USA +1 351-333-4748