APAC Needle Market is projected to grow from USD 1.65 billion to USD 2.61 billion, registering a reasonably high CAGR of 8.1% during the forecast period ranging from 2025 to 2030.

Published Date: Jul, 2024

APAC Needle Market  is projected to grow from USD 1.65 billion to USD 2.61 billion, registering a reasonably high CAGR of 8.1% during the forecast period ranging from 2025 to 2030.

APAC Needle Market is boosted by expanding healthcare infrastructure, enhancing medical service availability. Rise in the number of government initiatives and vaccination programs further promotes the demand for medical needles. Moreover, the rising medical tourism increases the need for several medical supplies, including needles. In addition, rising incidents of chronic diseases like cancer, diabetes, and cardiovascular conditions push market growth, together with an elderly population in countries such as Japan and China, increasing demand for frequent medical interventions and treatments. The market is segmented by type, product, material, delivery mode, and end user, and it displays varied growth possibilities. Safety needles segment, driven by regulatory orders to avert needlestick injuries, is expected to grow significantly. The market is geographically diverse, with China profiting from growing healthcare infrastructure and an elderly population needingrecurrent medical interventions. A few other noteworthy developments in the recent times within the industry by the major companies include the innovative needle-free typhoid vaccine technology or Vaxxas that received a financial award of substantial amount from Wellcome Foundation for its invention.

Browse 82 market data Tables and 52 Figures spread through 95 Pages and in-depth TOC on APAC Needle Market By Type (Conventional Needles, Safety Needles, Bevel Needles, Blunt Fill Needles, Filter Needles, Vented Needles, Active Needles and Passive Needles), By Product (Suture, Blood Collection, Ophthalmic, Dental, Insufflation, Pen and Other), By Material (Hypodermic, Intravenous, Intramuscular and Intraperitoneal), By Delivery Mode (Glass, Plastic, Stainless, Polyether Ether Ketone), By End User (Hospitals, Diagnostic Centers, Home Healthcare and Others) and By Geography (China, India, Thailand, Malaysia and Vietnam) - Global Forecast from 2025 to 2030.

APAC Needle Market Segmentation and Key Players

Segment / Key Players

Categorization

Components

Hardware, Software and Standalone

Enterprise Size

SMEs and Large Enterprises

Application

Serialization, Printing, Labeling and Packaging Inspection, Aggregation, Tracking, Tracing and Reporting

End User

Pharmaceutical and Biopharmaceutical companies, Consumer Packaged Goods, Luxury Goods, Food and Beverage, Medical Device Companies, Contract Manufacturing Organizations, Repackages, Cosmetics Companies and Other

Key Players

WIPOTEC GmbH, Trace Technologies, Bar Code India Ltd, SAP SE, Uhlmann Pac-Systeme GmbH & Co KG, Korber AG, Videojet Technologies Inc, rfxcel Corp, NeuroTags Inc, Domino Printing Sciences plc, Kezzler AS, and Jekson Vison Pvt Ltd.

By type, safety needles dominate the apac needle market

The safety needles segment will be growing at a higher CAGR due to increasing awareness, higher demand and strict regulatory directives to prevent needlestick injuries.

"China is projected to register the fastest CAGR during the forecast period, i.e., 2025-2030 in the apac needle market.”

Chinese market is showing significant growth potential during the forecast period due to significant growth in healthcare infrastructure, rising aging population, and supportive government initiatives to improve healthcare access and quality

The competitive landscape of the APAC market includes names of some of the major players in the market such as Becton, Dickinson and Company (BD) and Medtronic, both operating in large scale in Singapore. While BD is renowned for its launch of the innovative BD UltraSafe Plus Passive Needle Guard that improves patient safety during needle removal, Medtronic is hailed for its acquisition of Intact Vascular Inc, swelling it vascular device portfolio. It also portrays its tactical expansion intentions.

APAC Needle Market coverage (By Value)

  • Type Insight and Forecast 2025 - 2030
    • Conventional
    • Safety
    • Bevel
    • Blunt fill
    • Filter
    • Vented
    • Active
    • Passive
  • Product Insight and Forecast 2025 - 2030
    • Suture
    • Blood
    • Ophthalmic
    • Dental
    • Insufflation
    • Pen
    • Others
  • Material Insight and Forecast 2025 - 2030
    • Glass
    • Plastic
    • Stainless Steel
    • Polyether Ether Ketone
  • Delivery Mode Insight and Forecast 2025 - 2030
    • Hypodermic
    • Intravenous
    • Intramuscular
    • Intraperitoneal
    End-User Insight and Forecast 2025 - 2030
    • Hospitals
    • Diagnostic Center
    • Home Healthcare
    • Others

Geographical Segmentation

APAC Needle Market by Region

  • China
  • India
  • Thailand
  • Malaysia
  • Vietnam