USD 1.56 billion
Filter Needles Market was valued at USD 1.56 billion in 2023 and is anticipated
to project impressive growth in the forecast period with a CAGR of 7.20%
through 2029. In the realm of business, the market is being propelled by
several significant factors, which include the growing incidence of road
accidents, the rising prevalence of diabetes, an expanding elderly population,
and various surgical procedures. Additionally, the market is anticipated to
receive further impetus from the escalating occurrence of accidents like burns,
road accidents, and traumatic events on a global scale. As an illustration, data
from the World Health Organization (WHO) in March 2018 revealed that roughly
180,000 fatalities are recorded worldwide each year due to burn-related
incidents. Similarly, the same source indicates that India witnesses
approximately 1 million individuals experiencing severe or moderate burns
Key Market Drivers
Rising Demand for Sterile
the ever-evolving landscape of the global healthcare industry, one niche market
has been quietly but steadily gaining ground: the Global Filter Needles Market.
This growth can be largely attributed to the increasing emphasis on maintaining
sterility in healthcare procedures.
is the bedrock of healthcare. It ensures patient safety, prevents infections,
and minimizes the risk of complications. Sterile healthcare procedures are
essential for various medical activities, such as drug preparation, intravenous
administrations, vaccinations, and surgical interventions. Achieving and
maintaining sterility is particularly crucial when it comes to injections and
the handling of sensitive biological substances.
pharmaceutical and biotechnology industries are experiencing remarkable growth,
with the development of advanced drugs and biologics. These cutting-edge
medicines are often administered through injections, and maintaining the purity
and sterility of these drugs is paramount. Filter needles play a pivotal role
in ensuring that medications remain uncontaminated, contributing significantly
to the growth of this market.
global rise in chronic diseases, such as diabetes, has heightened the need for
regular injections and medication administration. Patients with these
conditions require sterile drug preparations to prevent infections and
complications. Filter needles are instrumental in this process, ensuring that
each injection is free from contaminants. As the prevalence of chronic diseases
continues to grow, so does the demand for sterile procedures and, consequently,
aging global population presents new challenges and opportunities in
healthcare. Elderly individuals often require complex medical treatments and
medications, which must be administered under sterile conditions. As the
world's elderly population continues to expand, so does the need for sterile
healthcare procedures, propelling the market for filter needles.
procedures have become more numerous and intricate due to advances in medical
science and technology. Whether in a hospital setting or outpatient facility,
maintaining sterility during surgical preparations and injections is
non-negotiable. Filter needles are essential in this regard, ensuring the
safety and health of both patients and medical practitioners. The growing
number of surgeries performed globally directly contributes to the rising
demand for filter needles.
health organizations and regulatory bodies have been unambiguous in their
emphasis on patient safety. Guidelines and standards have been established to
ensure that sterile procedures are adhered to in all healthcare settings. The
use of filter needles is frequently recommended or mandated to minimize the
risk of contamination. Compliance with these regulations is further bolstering
the growth of the filter needles market.
The Silent Pandemic: Chronic Diseases
recent years, the world has been battling a silent pandemic, one that's often
overshadowed by more visible health crises. We're talking about the alarming
increase in chronic diseases. While these conditions might not always make
headlines, they're making a substantial impact on the healthcare industry,
particularly in driving the growth of the Global Filter Needles Market.
prevalence of chronic diseases means a higher number of patients who need
regular medication administration, often through injections. To ensure these
medications remain pure and uncontaminated, the use of filter needles is
crucial. The growth of chronic diseases directly correlates with the increased
requirement for sterile injections, thus driving the demand for filter needles.
chronic disease sufferers have compromised immune systems, making them more
vulnerable to infections and complications. Filter needles play a crucial role
in protecting these patients by maintaining a sterile environment during
medical procedures. As the population of individuals with chronic diseases
grows, the need for these protective measures increases, further boosting the
market for filter needles.
the pursuit of more effective treatments for chronic diseases, the
pharmaceutical industry has seen the development of biologics and advanced
therapies. These medications, often administered via injections, necessitate
the highest level of sterility. Filter needles become indispensable in ensuring
the integrity of these cutting-edge treatments, which are increasingly being
adopted to manage chronic conditions.
diseases not only take a toll on public health but also have a substantial
economic impact. The costs associated with treating chronic diseases are
enormous, including hospitalization, medications, and complications. To
mitigate these costs and ensure efficient healthcare delivery, maintaining
sterility in medical procedures is critical. Filter needles assist in achieving
these cost-effective and efficient outcomes, making them an essential part of
managing chronic diseases.
health organizations and regulatory authorities recognize the significance of
maintaining sterility in healthcare procedures, particularly for chronic
disease management. Many guidelines and standards now recommend or mandate the
use of filter needles to reduce the risk of contamination. Compliance with
these regulations is propelling the growth of the filter needles market.
Expanding Surgical Procedures
the ever-advancing landscape of healthcare, the Global Filter Needles Market is
experiencing a surge in demand, with one of the major drivers being the
significant increase in surgical procedures.
in medical technology have revolutionized the field of surgery. Minimally
invasive techniques and robotic-assisted surgeries have become the new
standard. These advanced procedures often involve intricate operations within
the human body. To reduce the risk of post-operative infections and
complications, maintaining a sterile environment is non-negotiable. Filter
needles are indispensable in ensuring that medications and substances
administered during surgery remain uncontaminated.
increasing number of surgeries are now being performed in outpatient settings.
While this trend offers several advantages, it also requires stringent measures
to maintain sterility outside the controlled environment of a hospital. Filter
needles are critical for ensuring that these surgeries proceed without a hitch,
preventing infections and other complications that could lead to readmission.
are increasingly opting for elective surgeries, such as cosmetic procedures and
joint replacements. These surgeries, though not emergencies, require the same
level of sterility as life-saving procedures. The use of filter needles becomes
essential in these situations to safeguard patient safety and health.
surgeries involve the administration of drugs and anesthetics, which need to be
prepared in a sterile manner. Filter needles are instrumental in ensuring the
sterility of these medications, thus preventing contamination and complications
significant challenge in modern surgery is the prevention of post-operative
infections. These infections can lead to extended hospital stays, increased
healthcare costs, and, in severe cases, fatalities. By using filter needles to
maintain sterility during drug preparation and administration, healthcare
providers are taking proactive steps to reduce post-operative infection rates.
Surge in Trauma and Accident
the world of healthcare, trauma and accident cases are some of the most
unpredictable and challenging scenarios. While these incidents often result in
immediate, life-saving interventions, they also come with the risk of
contamination and infection. It is in this high-stakes environment that the
Global Filter Needles Market finds a vital role.
and accident cases require immediate medical response. Whether it's a burn
victim, a road accident survivor, or someone injured in a workplace incident,
rapid medical care is critical. During these situations, healthcare providers
must administer medications and treatments quickly. Filter needles come to the
forefront in ensuring that these treatments are administered in a sterile
manner, reducing the risk of complications.
and accident cases often involve open wounds, fractures, and severe injuries
that can expose the patient to a higher risk of contamination. To prevent
infections and complications, maintaining sterility in these cases is
paramount. Filter needles play an instrumental role in this process, creating a
barrier that helps safeguard patients and healthcare providers alike.
the hospital environment, trauma and accident patients are at a heightened risk
of acquiring infections. Hospital-acquired infections can lead to prolonged
hospital stays, increased healthcare costs, and more severe health outcomes.
Filter needles, by ensuring the sterility of medical procedures and drug
preparations, actively contribute to the reduction of hospital-acquired
infections in trauma and accident cases.
the unfortunate event of mass casualty incidents, such as natural disasters or
large-scale accidents, healthcare providers must be prepared to handle a high
volume of trauma cases simultaneously. In these challenging circumstances,
filter needles become a frontline tool in maintaining sterility and preventing
infections amidst the chaos.
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Key Market Challenges
filter needles market has seen a rise in competition, with multiple
manufacturers producing various types and designs of filter needles. This
competition can drive innovation but also poses challenges for both established
and new market entrants in terms of differentiation, pricing, and market share.
today's environmentally conscious world, there is a growing concern regarding
the impact of healthcare products on the environment. The use of disposable
filter needles contributes to medical waste, and addressing the sustainability
of these products presents a challenge for manufacturers and healthcare
Supply Chain Disruptions
global supply chain has faced disruptions in recent years, with the COVID-19
pandemic highlighting vulnerabilities. Ensuring a consistent and reliable
supply of filter needles, which are critical for patient care, is an ongoing
challenge, especially in the face of unforeseen events that can disrupt supply
Key Market Trends
Expansion of Biologics and
pharmaceutical industry is witnessing a shift towards the development of
biologics and advanced therapies, such as gene and cell therapies. These
cutting-edge treatments require the highest standards of sterility, driving the
demand for filter needles. As the use of biologics expands, filter needles
tailored to their specific requirements are expected to gain prominence.
sustainability is a growing concern in healthcare. The industry is exploring
eco-friendly alternatives and more sustainable practices, even in disposable
medical products like filter needles. We can expect to see innovations in
biodegradable or recyclable materials and reduced packaging waste to address
in medical technology are leading to the integration of smart features into
healthcare products. Smart filter needles, equipped with sensors or connectivity,
can enhance patient safety, track usage, and reduce errors. As technology
continues to advance, we can anticipate the integration of smart features in
Raw Material Insights
on the category of Raw Material, the stainless-steel sector reigned supreme in
2023, securing the largest share of revenue. It is poised to exhibit the most
rapid CAGR throughout the projected period. This is primarily due to the
substantial presence of key industry players offering stainless steel, renowned
for its corrosion-resistant properties, rendering it a suitable material for
filter needles. Additionally, stainless steel holds a cost advantage, making it
a more budget-friendly option. Furthermore, the increasing prevalence of
chronic wounds worldwide is expected to further propel growth within this
sector. Notable companies in this domain include BD, Cardinal Health, and B.
the glass segment is predicted to experience a noteworthy CAGR in the
foreseeable future. Various advantages associated with glass needles, such as
minimal volume discrepancies, suitability for high-precision tasks, and
cost-effectiveness, are poised to stimulate market demand. These benefits
position glass needles as ideal for applications in fields like medical
technology. Nevertheless, it's worth noting that there are certain drawbacks to
using a glass needle system, including potential surface reactivity and
susceptibility to breakage.
End Use Insights
on End Use, the hospital and clinics sector emerged as the leader in revenue
generation for the year 2023. This was primarily driven by the increasing rate
of hospitalizations observed in countries worldwide. For instance, a report
released by the Canadian Institute of Health Information (CIHI) in February
2023 highlighted a notable trend. In the initial year of the pandemic
(2020-2021), Canada recorded approximately 2.7 million acute inpatient
hospitalizations, a number that subsequently rose to around 2.9 million in the
following year (2021-2022).
the other hand, the ambulatory surgery centers segment is poised to experience
the most rapid CAGR in the projected period. Ambulatory surgery centers, also
referred to as outpatient surgery centers, are typically preferred by patients
undergoing fewer complex procedures with shorter recovery times. Presently,
there is a growing global demand for minimally invasive procedures due to their
numerous advantages, such as reduced scarring, minimal tissue damage, high
precision, and shorter hospital stays. This trend is expected to boost the need
for surgical care and diagnostics provided by ambulatory surgical centers.
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America took the lead in 2022 by securing the largest share of revenue. This
was attributed to several factors, including favorable reimbursement policies,
well-developed healthcare infrastructure, increasing health consciousness among
the populace, and the presence of numerous key industry players. Additionally,
regulatory bodies such as the Food and Drug Administration (FDA) in this region
play a pivotal role by enacting laws pertaining to medical device
reimbursement. For example, in May 2021, the FDA recommended the cessation of
certain needles and syringes manufactured by Guangdong Haiou Medical Apparatus
CO., LTD (HAIOU) until their evaluation was completed.
the Asia Pacific region is poised to experience the swiftest CAGR in the
projected period. This projection is underpinned by several factors, including
the presence of numerous local players in the region, an upsurge in healthcare
expenditure, and the substantial populations of countries such as India and
China. Furthermore, middle and low-income countries within the region are
witnessing a rise in accidents, such as burns and road accidents, which is
expected to fuel market growth. For instance, as per the Ministry of Road
Transport and Highways of the Government of India (GOI), in the year 2021, a
total of 4,12,432 road accidents were reported, resulting in 1,53,972
fatalities and injuries to 3,84,448 individuals in the country.
July 2022, Sharps Technology Inc., a forward-thinking medical device company,
successfully completed the acquisition of Safeguard Medical's syringe
manufacturing facility. This strategic move is anticipated to shift the
company's focus from research and development (R&D) to revenue-generating
in January 2022, ICU Medical Inc. acquired Smiths Medical, a business
specializing in syringes, ambulatory infusion devices, and vital care products,
from Smiths Group plc. This acquisition is poised to boost the company's
competitiveness and broaden its range of products.
Key Market Players
- Myco Medical Supplies Inc
- Stryker Corp
- B Braun SE
- Sol-Millennium Medical Inc.
- Terumo Corp
- ICU Medical Inc
East & Africa
In this report, the Global Filter Needles Market
has been segmented into the following categories, in addition to the industry
trends which have also been detailed below:
- Filter Needles Market, By Raw Material:
o Stainless Steel
- Filter Needles Market, By End Use:
o Hospitals & Clinics
o Ambulatory Surgery Centers
- Filter Needles Market, By Region:
o North America
§ United States
§ United Kingdom
§ South Korea
o South America
o Middle East & Africa
§ South Africa
§ Saudi Arabia
Company Profiles: Detailed analysis of the major companies present in the Global Filter
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