Global Needle Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Suture, Blood Collection, and Insufflation.

By Material;

Glass Needles , Plastic Needles , Stainless Steel/Metallic Needles, and Polyetheretherketone (PEEK) Needles.

By End Users;

Diagnostic Centers, Home Healthcare, Hospitals, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa. and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn307348170 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Needle Market (USD Million), 2021 - 2031

In the year 2024, the Global Needle Market was valued at USD 6,417.89 million. The size of this market is expected to increase to USD 9,212.78 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.3%.

The global needle market serves as a vital component in the healthcare industry, playing an indispensable role in various medical procedures and diagnostics. Needles are fundamental tools used across a spectrum of medical disciplines, including but not limited to, drug administration, blood collection, vaccination, and surgical procedures. The market encompasses a wide array of needle types, ranging from hypodermic needles to biopsy needles, each designed to cater to specific medical needs with precision and efficiency.

One of the significant drivers of the global needle market is the increasing prevalence of chronic diseases worldwide, coupled with a growing geriatric population. As chronic conditions such as diabetes, cancer, and cardiovascular diseases continue to rise, the demand for needles for drug delivery and blood collection also escalates. Moreover, advancements in healthcare infrastructure, particularly in emerging economies, are further propelling the market growth by facilitating better access to medical facilities and treatments, thereby augmenting the need for needles.

Technological innovations have significantly influenced the evolution of needles, enhancing their safety, efficacy, and patient comfort. Manufacturers are constantly engaged in research and development activities to introduce novel materials and designs that minimize pain, reduce the risk of needlestick injuries, and improve overall performance. Additionally, the increasing emphasis on infection control measures in healthcare settings has led to the development of safety-engineered needles, which help mitigate the risk of needle-related injuries and transmission of bloodborne pathogens, thereby fostering market expansion.

Despite the promising growth prospects, the global needle market faces challenges such as stringent regulatory requirements, pricing pressures, and concerns regarding needle disposal and environmental sustainability. Regulatory standards vary across regions, necessitating manufacturers to comply with multiple guidelines, which can increase production costs and hinder market penetration. Moreover, the emergence of alternative drug delivery technologies, such as transdermal patches and inhalers, poses a competitive threat to traditional needle-based methods. Nevertheless, with ongoing technological advancements and increasing healthcare expenditure worldwide, the global needle market is poised for sustained growth in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Material
    3. Market Snapshot, By End Users
    4. Market Snapshot, By Region
  4. Global Needle Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Healthcare advancements
        2. Growing aging population
        3. Rising demand for injections
        4. Technological innovations in needles
        5. Increase in chronic diseases
      2. Restraints
        1. Needlestick injuries risk
        2. Stringent regulatory requirements
        3. High cost of advanced needles
        4. Limited access in rural areas
        5. Environmental concerns with disposal
      3. Opportunities
        1. Emerging markets expansion
        2. Shift towards safety needles
        3. Rise in outpatient surgeries
        4. Increasing awareness campaigns
        5. Development of novel needle technologies
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Needle Market, By Product, 2021 - 2031 (USD Million)
      1. Suture
      2. Blood Collection
      3. Insufflation
    2. Global Needle Market, By Material, 2021 - 2031 (USD Million)
      1. Glass Needles
      2. Plastic Needles
      3. Stainless Steel/Metallic Needles
      4. Polyetheretherketone (PEEK) Needles
    3. Global Needle Market, By End Users, 2021 - 2031 (USD Million)
      1. Diagnostic Centers
      2. Home Healthcare
      3. Hospitals
      4. Others
    4. Global Needle Market Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Hamilton Company
      2. Medtronic PLC
      3. Becton, Dickinson and Company
      4. B. Braun Melsungen AG
      5. Stryker Corporation
      6. Ethicon, Inc.
      7. Boston Scientific Corporation
      8. Unimed SA
      9. Novo Nordisk A/S
      10. Terumo Corporation
      11. Olympus Corporation
      12. Smiths Medical
      13. Nipro Corporation
      14. Sigma-Aldrich
  7. Analyst Views
  8. Future Outlook of the Market