Global Needles Market Worth Over USD 14.5 Billion by 2035 | Roots Analysis

The global needles market is expected to grow over the next decade due to increased demand for sophisticated, targeted, and minimally invasive needles for the successful treatment of chronic diseases. 

Extensive research and development in this domain has led to the development and commercialization of several advanced needles such as safety needles and pen needles that are finer and less painful. These innovations have enhanced the use of needles across hospitals, diagnostic centers and homecare settings, making them vital for a wide range of therapeutic deliveries.

Key Report Takeaways 

§  Currently, over 475 companies are engaged in the manufacturing and development of needles, with more than 30% of these players headquartered in China

§  Stainless steel has emerged as the preferred material for needle development due to its high tensile strength, durability and resistance to corrosion, thereby ensuring greater precision and safety in medical procedures

§  In pursuit of a competitive edge, stakeholders are actively upgrading their existing capabilities and enhancing their needle portfolios to meet evolving industry standards

§  Close to 40% of the deals have been inked in the last two years, demonstrating a considerable increase in partnership activity during this period; of these, close to 60% partnerships were international deals

§  Around 765 patents related to needles have been filed / granted by various industry and non-industry players to protect the intellectual property generated within this field

§  The market opportunity associated with needles is likely to witness an annualized growth rate of 6.1% till 2035 owing to the growing demand for injectable therapies

§  The global needles market is expected to be well distributed across different types of materials, modes of delivery and end users

Competitive Landscape of Global Needles Market

The global needles market landscape features over 475 needle providers. Overall, the market landscape of needles is well-fragmented, featuring the presence of very small, small, mid-sized, large, and very large device developers, which claim to have the required expertise and technologies to develop and commercialize needles for various purposes. It is interesting to highlight that most of these (~50%) needle providers are located in Asia-Pacific, followed by North America; prominent hubs in Asia-Pacific include China and India. Additionally, 8% of the needle providers offer both conventional as well as safety needles.

Global Needles Market Regional Outlook

Based on the geographical regions, the global needles market can be segmented into five major regions, including North America, Europe, Asia-Pacific, Middle East and North Africa, and Latin America. Led by the China, Asia-Pacific is anticipated to capture the majority share of the global needles market in 2025, and this trend is likely to remain unchanged during the forecast period. 

Key industry players such as Greiner Bio-One International, Kawamoto, PENTAX Medical and Shimadzu are pivotal in shaping the market dynamics in this region. Additionally, the rising focus on expanding healthcare infrastructure with advanced treatments in North America is likely to be the reason to increase the application of needles in the region.

Latin America is likely to exhibit lucrative opportunities owing to the increasing prevalence of chronic diaseses. The preference towards innovative and advanced needles is one of the promising growth factors in Latin America.

Global Needles Market Key Players Profiled

Examples of key companies engaged in the global needles market (which are also profiled in this market report; the complete list of companies is available in the full report) include: Aleda Makina, B. Braun, BD, Biotronik, DALI Medical Devices, GEOTEK, Gerresheimer, Lars Medicare, MEDEREN Neotech, Medtronic, Novo Nordisk, Olympus America, Roche, SB-KAWASUMI LABORATORIES, Thermo Fisher Scientific, and Wuzhou Medical.

Global Needles Market Segments

Based on research, Roots Analysis has segmented the Global Needles Market into Type of Needle based on Design, Type of Needle based on Purpose, Mode of Delivery, Type of Material, End Users, Geographical Regions and Leading Players

Global Needles Market, by Type of Needle based on Design

§  Conventional Needles

§  Safety Needles

Global Needles Market, by Type of Needle based on Purpose

§  Syringe Needles

§  Suture Needles

§  Pen Needles

§  Autoinjector Needles

§  Blood Collection Needles

§  Others 

Global Needles Market, by Mode of Delivery

§  Subcutaneous

§  Intramuscular

§  Intravenous

§  Intradermal

§  Others

Global Needles Market, by Type of Material

§  Stainless Steel

§  Plastic

§  Others

Global Needles Market, by End Users

§  Hospitals and Clinics

§  Diagnostic Centers

§  Home Healthcare

§  Others

Global Needles Market, by Geographical Regions

§  North America (US, Canada and Mexico)

§  Europe (Germany, France, UK, Italy, Spain and Rest of Europe)

§  Asia-Pacific (China, India, Japan and Rest of Asia-Pacific)

§  Middle East and North Africa (Egypt, Saudi Arabia and UAE)

§  Latin America (Brazil and Argentina)

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