Overview


According to FutureWise analysis the market for Needles in 2023 is US$ 8.23 billion, and is expected to reach US$ 14.06 billion by 2031 at a CAGR of 6.92%.

The injectable tools known as needles are used in conjunction with injections to administer drugs to the body. They are adjusted in the syringes and used to collect samples and inject different pharmaceutical medications into the body. Needles are used for numerous things, including processing blood, performing dental and surgical procedures, and delivering medications to the body through infusions. It has three sections: a long shaft, an incline, and a central piece, and it fits into the syringe's component. In clinical practice, numerous needle types are frequently used for various operations, including the delivery of medications through different skin layers, aesthetic procedures, and various surgical procedures. As a result, there are many different types of needles available.

For administering general medication, conventional needles are utilized, whereas fill-and-filter needles are used for vaccinations and other sterile items. On the other hand, safety needles are used for blood collection and to stop infections from happening during medication delivery. It also depends on where it will be used; for example, patients with diabetes use pen needles to inject a daily dose of insulin. Also, suture needles are used during surgery, and blood collection needles are used for diagnostic purposes. Needles have become a vital component of the modern healthcare ecosystem as a result of ongoing medical developments made to reduce the rising expense of healthcare and the increasing prevalence of diseases worldwide. Furthermore, the COVID-19 situation is rapidly enhancing the sector. As a result, the market for needles is expected to grow.

FutureWise Market Research has published a report that provides an insightful analysis of needles market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry.

According to the analysis conducted by FutureWise research analysts, the needles market is estimated to register a considerable growth rate over the forecast period. This report lists the market segments and potential prospects available across this industry, in addition providing crucial information on the total valuation currently held by the industry. Moreover, this report will assist key management individuals in an organisation to enhance their decisions pertaining to business expansion as well as strategic changes for increasing customer base.
  • Hamilton Company
  • Medtronic PLC
  • Becton, Dickinson and Company
  • B. Braun Melsungen AG
  • Stryker Corporation
  • Ethicon, Inc. (Subsidiary of Johnson and Johnson)
  • Boston Scientific Corporation
  • Unimed SA
  • Novo Nordisk A/S
  • Terumo Corporation
  • Olympus Corporation
  • Smiths Medical
  • Nipro Corporation
  • Sigma-Aldrich (Subsidiary of Merck KGaA)
  • Thermo Fisher Scientific Inc.

(Note: The list of the major players will be updated with the latest market scenario and trends)

The increase in the usage of injectable drugs, the demand for immunizations, the cost of healthcare, and the demand for hormone supplements are the primary global drivers of the needles industry's growth. The demand for point-of-care diagnostic products is also rising globally, as is the demand for needles. Medical equipment producers also focus on developing syringe systems and other user-friendly goods. Moreover, the demand for self-administered injectables has surged as a result of patients' acceptance of drug self-administration. These self-injecting devices are typically used to treat allergies or unexpected problems like diabetes, both chronic conditions. Patients with needle anxiety are treated with self-administering injectables. In addition to providing protection against womb cancer and pelvic inflammatory diseases, these injections can be administered during the menstrual cycle. These self-administered injections are more popular with patients who have osteoporosis, breast cancer, diabetes, or liver tumors. As a result, corporations are working hard to develop cutting-edge self-administration technologies. Because more individuals are using self-administering injectables, there will be a greater need for needles, supporting the global growth of this target market. However, the most common way to administer medication is oral since it is easy to use, practical, affordable, safe, and acceptable. The factors above have pushed the usage of alternate drug delivery techniques globally. For instance, the requirement for injectable insulin is diminished by the advent of replacement insulin delivery systems, such as Exubera from Pfizer (an inhaled insulin) and Veo from Medtronic (an inhalable insulin). Insulin injections represent a substantial sector for injectable medicine delivery technology. However, the development of inhalable insulin would negatively affect this market because nasal drug delivery is painless and very patient-acceptable.

By Type

  • Conventional Needles
    • Bevel Needles
    •  Blunt Fill Needles
    •  Filter Needles
    •  Vented Needles
  • Safety Needles
    •  Active needles
    •  Passive Needles

By Product

  • Suture Needles
  • Blood Collection Needles
  • Ophthalmic Needles
  • Dental Needles
  • Insufflation Needles
  • Pen Needles
  • Other Needles (Spinal, Biopsy, Catheter, and Transseptal Needles)

By Delivery Mode

  • Hypodermic Needles
  • Intravenous Needles
  • Intramuscular Needles
  • Intraperitoneal Needles

By Material

  • Stainless Steel Needles
  • Plastic Needles
  • Glass Needles
  • PEEK Needles

By End User

  • Hospitals & Clinics
  • Diagnostic Centers
  • Home Healthcare
  • Other End Users (Trauma Centers, Blood Banks, Nursing Homes, and Acute Care Centers)


By Region

  • North America
  •  Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

This market research report also emphasis on factors affecting the growth rate in various regions listed above. A deep-down analysis of region will also be provided in the final version of this market which is based on conclusion of primary interviews and secondary data point gathered during the process.

By region, the market is segmented into North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa. North America registered highest share in the market in 2022. The prevalence of heart illnesses, the frequency of diabetes, and the significant number of novel product approvals in the region are the main drivers propelling the growth of the needles market in the North American region. Over 20.1 million individuals in the country over the age of 20 were affected by coronary artery disease, the most widespread form of heart disease; for CVD, medications and treatments, needles, and syringes are necessary. As a result, the disease's high prevalence is anticipated to aid market expansion. Thus, the market under study is anticipated to have a significant growth rate during the projected period due to the increased risk of chronic diseases in the country as well as product advancements.
  • Tier 1 players- established companies in the market with a major market share
  • Tier 2 players
  • Emerging players which are growing rapidly
  • New Entrants
  • Growth prospects
  • SWOT analysis
  • Key trends
  • Key data-points affecting market growth
  • To provide with an exhaustive analysis on the Needles Market By Type, By Product, By Delivery Mode, By Material, By End User and By Region.
  • To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
  • To evaluate and forecast micro-markets and the overall market
  • To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • To record and evaluate competitive landscape mapping- Product launches, technological advancements, mergers and expansions
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Table of Contents


  • 1.   Market Introduction
    •   1. Objectives of the Study
        2. Market Definition
        3. Market Scope
         3.1 . Years Considered for the Study
         3.2 . Market Covered
        4. Currency
        5. Limitations
        6. Stakeholders
  • 2.   Research Methodology
    •   1. Research Data
         1.1 . Secondary Data
          1.1.1 . Key Data from Secondary Sources
         1.2 . Primary Data
          1.2.1. Key Data from Primary Sources
        2. Market Size Estimation
        3. Market Breakdown and Data Triangulation
        4. Assumptions for the Study
  • 3.   Executive Summary
    •   1. Market Outlook
        2. Segment Outlook
        3. Competitive Insights
  • 4.   Global Needles Market Variables, Trends and Scope

    •      1. Market Lineage Outlook
        2. Penetration and Growth Prospect Mapping
        3. Industry Value Chain Analysis
        4. Cost Analysis Breakdown
        5. Technology Overview
        6. Regulatory Framework
         6.1. Reimbursement Framework
         6.2. Standards and Compliances

  • 5.   Market Overview
    •   1. Market Dynamics
         1.1. Market Driver Analysis
          1.1.1. Increasing focus of Needles Market Companies on Brand Protection
          1.1.2. Untapped Opportunities in Emerging Regions
         1.2. Market Restraint Analysis
          1.2.1. High Cost Associated with Implementation of Predictive Analysis
         1.3. Industry Challenges
          1.3.1. Presence of Ambiguous Regulatory Framework
  • 6.   Global Needles Market Analysis Tools
    •   1. Industry Analysis - Porter’s
         1.1. Supplier Power
         1.2. Buyer Power
         1.3. Substitution Threat
         1.4. Threat from New Entrants
         1.5. Competitive Rivalry
        2. Pestel Analysis
         2.1. Political Landscape
         2.2. Environmental Landscape
         2.3. Social Landscape
         2.4. Technology Landscape
         2.5. Legal Landscape
        3. Major Deals And Strategic Alliances Analysis
         3.1. Joint Ventures
         3.2. Mergers and Acquisitions
         3.3. Licensing and Partnership
         3.4. Technology Collaborations
         3.5. Strategic Divestments
        4. Market Entry Strategies
        5. Case Studies
  • 7.   Global Needles Market, By Type Historical Analysis and Forecast 2023-2031 (USD Million)

    •   1. Conventional Needles
         2.1. Bevel Needles
         2.2. Blunt Fill Needles
         2.3. Vented Needles
         2.4. Filter Needles
        2. Safety Needles
         2.1. Active Needles
         2.2. Passive Needles

  • 8.   Global Needles Market, By Product Historical Analysis and Forecast 2023-2031 (USD Million)

    •   1. Suture Needles
        2. Blood Collection Needles
        3. Ophthalmic Needles
        4. Dental Needles
        5. Insufflation Needles
        6. Pen Needles
        7. Other Needles

  • 9.   Global Needles Market, By Delivery Mode Historical Analysis and Forecast 2023-2031 (USD Million)

    •   1. Hypodermic Needles
        2. Intravenous Needles
        3. Intramuscular Needles
        4. Intraperitoneal Needles

  • 10.   Global Needles Market, By Material Historical Analysis and Forecast 2023-2031 (USD Million)

    •   1. Glass Needles
        2. Plastic Needles
        3. Stainless Steel/Metallic Needles
        4. Polyetheretherketone (PEEK) Needles

  • 11.   Global Needles Market, By End User Historical Analysis and Forecast 2023-2031 (USD Million)

    •   1. Hospitals
        2. Diagnostic Centers
        3. Home Healthcare
        4. Other End Users

  • 12.   North America Needles Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)

    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. U.S.A
         2.2. Canada
         2.3. Mexico
        3. Market Size (USD Million) Forecast for North America 2023-2031

  • 13.   Latin America Needles Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)

    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Brazil
         2.2. Venezuela
         2.3. Argentina
         2.4. Rest of Latin America
        3. Market Size (USD Million) Forecast for Latin America 2023-2031

  • 14.   Europe Needles Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)

    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Germany
         2.2. U.K
         2.3. France
         2.4. Italy
         2.5. Spain
         2.6. Russia
         2.7. Poland
         2.8. Rest of Europe
        3. Market Size (USD Million) Forecast for Europe 2023-2031

  • 15.   Asia Pacific Needles Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)

    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Japan
         2.2. China
         2.3. India
         2.4. Australia and New Zealand
         2.5. ASEAN
         2.6. Rest of Asia Pacific
        3. Market Size (USD Million) Forecast for Asia Pacific 2023-2031

  • 16.   Middle East and Africa Market Analysis 2016–2020 and Forecast 2022–2028 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2016-2020
         2.1. GCC
         2.2. Israel
         2.3. South Africa
         2.4. Rest of MEA
        3. Market Size (USD Million) Forecast for MEA 2022-2028
  • 17.   Market Share Analysis and Competitive Landscape
    •   1. Global Landscape - Key Players, Revenue and Presence
        2. Global Share Analysis - Key Players (Tier 1, Tier 2, Tier 3)
        3. Global Emerging Companies
        4. North America - Market Share Analysis and Key Regional Players
        5. Europe - Market Share Analysis and Key Regional Players
        6. Asia Pacific - Market Share Analysis and Key Regional Players
        7. Global Key Player - Growth Matrix
  • 18.   Company Profiles (Competition Dashboard, Competitors Deep Dive, Products Offered and Financial Layouts)

    •   1. Hamilton Company
         1.1. Company Overview
         1.2. Product Portfolio
         1.3. SWOT Analysis
         1.4. Financial Overview
         1.5. Strategic Overview
        2. Medtronic PLC
         2.1. Company Overview
         2.2. Product Portfolio
         2.3. SWOT Analysis
         2.4. Financial Overview
         2.5. Strategic Overview
        3. Becton, Dickinson and Company
         3.1. Company Overview
         3.2. Product Portfolio
         3.3. SWOT Analysis
         3.4. Financial Overview
         3.5. Strategic Overview
        4. B. Braun Melsungen AG
         4.1. Company Overview
         4.2. Product Portfolio
         4.3. SWOT Analysis
         4.4. Financial Overview
         4.5. Strategic Overview
        5. Stryker Corporation
         5.1. Company Overview
         5.2. Product Portfolio
         5.3. SWOT Analysis
         5.4. Financial Overview
         5.5. Strategic Overview
        6. Ethicon, Inc. (Subsidiary of Johnson and Johnson)
         6.1. Company Overview
         6.2. Product Portfolio
         6.3. SWOT Analysis
         6.4. Financial Overview
         6.5. Strategic Overview
        7. Boston Scientific Corporation
         7.1. Company Overview
         7.2. Product Portfolio
         7.3. SWOT Analysis
         7.4. Financial Overview
         7.5. Strategic Overview
        8. Unimed SA
         8.1. Company Overview
         8.2. Product Portfolio
         8.3. SWOT Analysis
         8.4. Financial Overview
         8.5. Strategic Overview
        9. Novo Nordisk A/S
         9.1. Company Overview
         9.2. Product Portfolio
         9.3. SWOT Analysis
         9.4. Financial Overview
         9.5. Strategic Overview
        10.Terumo Corporation
         10.1.Company Overview
         10.2.Product Portfolio
         10.3.SWOT Analysis
         10.4.Financial Overview
         10.5.Strategic Overview
        11.Olympus Corporation
         11.1.Company Overview
         11.2.Product Portfolio
         11.3.SWOT Analysis
         11.4.Financial Overview
         11.5.Strategic Overview
        12.Smiths Medical
         12.1.Company Overview
         12.2.Product Portfolio
         12.3.SWOT Analysis
         12.4.Financial Overview
         12.5.Strategic Overview
        13.Nipro Corporation
         13.1.Company Overview
         13.2.Product Portfolio
         13.3.SWOT Analysis
         13.4.Financial Overview
         13.5.Strategic Overview
        14.Sigma-Aldrich (Subsidiary of Merck KGaA)
         14.1.Company Overview
         14.2.Product Portfolio
         14.3.SWOT Analysis
         14.4.Financial Overview
         14.5.Strategic Overview
        15.Thermo Fisher Scientific Inc.
         15.1.Company Overview
         15.2.Product Portfolio
         15.3.SWOT Analysis
         15.4.Financial Overview
         15.5.Strategic Overview

  • 19.   Pre and Post COVID-19 Impact
    •   1. Positive influence on the healthcare industry
        2. The financial disruption of the manufacturing sector
        3. Impact of COVID-19 on emerging companies
        4. Significant mandates in the healthcare regulations initiated by administrations
        5. The overall economic slowdown of the developing and developed nations
  • 20.   FutureWise SME Key Takeaway Points for Client

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