Safety Needles And Syringes Market Definition, With Current Market Values
The safety needles and syringes market refers to the segment of the healthcare industry focused on the production and distribution of needles and syringes designed with safety mechanisms to reduce the risk of needlestick injuries. These products are commonly used for drug delivery, vaccination, and medical procedures. The global market value for safety needles and syringes was estimated at approximately USD 6.5 billion in 2023 and is expected to grow at a CAGR of 8.1% from 2024 to 2030, driven by the increasing demand for safer healthcare solutions and advancements in needle technology. For more Info click here.