Unlocking Opportunities in the Safety Syringe Market: Key Trends, Market Growth, and Forecast Insights
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
Which Primary Drivers Are Supporting the Continued Market Growth of theSafety Syringe Market?
The increase in blood-borne illnesses is anticipated to fuel the expansion of the safety syringe market. Blood-borne diseases are contagious illnesses brought about by bacteria, viruses, or parasites that spread through the blood. Safety syringes are employed as a preventative strategy to safeguard healthcare providers and patients from the dangers of blood-borne conditions, minimizing accidental exposure and encouraging exemplary medical procedure practices. For example, in April 2024, the World Health Organization, a Switzerland-based intergovernmental organization, reported that about 254 million people were living with chronic hepatitis B infection in 2022, resulting in 1.2 million new cases on a yearly basis. This illness led to approximately 1.1 million fatalities in the same year, primarily from cirrhosis and primary liver cancer. Additionally, around 50 million people globally are estimated to be living with chronic hepatitis C virus infection, contributing to nearly 1 million new infections annually. Hepatitis C resulted in about 242,000 deaths in 2022, mainly due to cirrhosis and primary liver cancer. Hence, the surge in blood-borne diseases is spurring the expansion of the safety syringe market.
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How Will the Growth Rate of theSafety Syringe Market Impact Industry Trends by 2034?
In recent times, the safety syringe market has witnessed robust growth. The market, which was worth $8.95 billion in 2024, is projected to expand to $9.76 billion in 2025, reflecting a compound annual growth rate (CAGR) of 9.1%. The significant growth seen in the historical era arises from issues related to needlestick injuries, regulatory compliances, an uptick in the implementation of safety regulations, higher occurrences of blood-related diseases, and an expanding healthcare infrastructure.
Anticipations show a steady rise in the safety syringe market in the coming years. The market is set to attain a value of $13.78 billion by 2029, progressing at a compound annual growth rate (CAGR) of 9.0%. This upsurge during the forecast period can be linked to factors such as vaccination drives, an aging population, heightened emphasis on preventive healthcare, growth of the biopharmaceutical sector, and progress in material sciences. Notable trends for the forecast period comprise of speedy technological advancements, focus on eco-friendly solutions, incorporation of telehealth, personalized solutions for specific therapeutics, and improved emergency readiness and response.
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How Are Consumer Market Innovations Shaping the Current and Future Landscape of theSafety Syringe Market?
Leading enterprises in the safety syringe industry are innovating and launching new products such as glass vaccine syringes to stay competitive. A glass vaccine syringe is a sterile and reusable medical tool made from glass for injecting vaccines into patients. Becton, Dickinson, and Company, a medical device organization based in the US, introduced the BD Effivax Glass Prefillable Syringe to the market in September 2022. These prefilled syringes uniquely improve the safety and dependability of drug delivery systems, particularly for vaccines. They are engineered to administer medication accurately and prevent contamination and compromises to product integrity during preparation and administration. Efforts to enhance design and manufacturing processes aim to lessen the risks linked to old-fashioned vial formats, consequently elevating patient safety in vaccine administration.
Who Are the Key Market Players Influencing the Growth of the Corn and Safety Syringe Industry?
Major companies operating in the safety syringe market report are Cardinal Health Inc., Retractable Technologies Inc., Thermo Fisher Scientific Inc., Medtronic plc, Novo Nordisk A/s, Becton, Dickinson and Company, Baxter International Inc., Boston Scientific Corporation, Medline Industries LP, Terumo Corporation, B. Braun Melsungen AG, West Pharmaceutical Services Inc., Fresenius Kabi AG, Nemera, Smiths Medical International Ltd., Nipro Medical Corporation, Henke-Sass Wolf GmbH, Revolutions Medical Inc., Sol-Millennium Inc., UltiMed Inc., Unilife Corporation, AdvaCare Pharma, Axol Bio Corporation, Vita Needle Company, Numedico Technologies Pty Ltd., Duopross Meditech Corporation, DMC Medical Ltd., Guangdong Haiou Medical Apparatus Co. Ltd., Kendall Healthcare Group Ltd.
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Which Key Market Segments Comprise the Safety Syringe Market and Drive Its Revenue Growth?
The safety syringe market covered in this report is segmented –
1) By Product: Retractable Safety Syringes, Non Retractable Safety Syringes
2) By Therapy: Insulin, Glucagon-like peptide-I (CLP-I), Tuberculosis, Growth Hormones
3) By Application: Subcutaneous, Intramuscular
4) By End-user: Hospitals, Ambulatory Surgical Centers, Long-term Care Facilities, Specialty Clinics, Other End Users
Subsegments:
1) By Retractable Safety Syringes: Automatic Retractable Safety Syringes, Manual Retractable Safety Syringes
2) By Non-Retractable Safety Syringes: Fixed Needle Safety Syringes, Shielded Needle Safety Syringes
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Which Regions Are Emerging as Leaders in the Safety Syringe Market?
North America was the largest region in the safety syringes market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the safety syringe market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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