- Needles are critical components in medical care, used for injecting medications, drawing blood, and performing a wide range of diagnostic and therapeutic procedures with accuracy and safety. They are integral across various settings including hospitals, clinics, and home healthcare, supporting effective drug delivery and patient monitoring
- The needles market is experiencing steady growth fueled by the rising prevalence of chronic diseases, increasing demand for self-administration devices, expansion of vaccination programs, technological advancements in needle design, and a growing number of surgical and diagnostic procedures
- North America is expected to dominate the needles market with a share of 43%, due to a well-established healthcare infrastructure, strong investment in advanced medical devices, and high demand for injectable drugs and self-administration devices
- Asia-Pacific is expected to be the fastest growing region in the needles market during the forecast period due to increasing government initiatives to promote awareness, a rise in medical tourism, and the growing demand for quality healthcare
- Conventional needles segment is expected to dominate the market with a market share of 72.3% due to their widespread adoption in routine medical procedures, lower cost compared to safety needles, and ease of manufacturing and availability, particularly in emerging markets where budget constraints and limited access to advanced safety technologies prevail
