Disposable Blood Collection Needle Market Report 2024 (Global Edition)

Global Disposable Blood Collection Needle Market Report 2024 Market Size Split by Type (Safety Blood Collection Needles, Standard Blood Collection Needles), by Application (Hospitals, Clinics, Other),...

Disposable Blood Collection Needle Market Report Description

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Disposable Blood Collection Needle Market Insights Video

Competitive Landscape of the Disposable Blood Collection Needle Market

The competitive landscape of the Disposable Blood Collection Needle Market is characterized by several key players focusing on innovation and safety. Major companies, including BD, Terumo, and Medtronic, dominate the market with advanced needle designs featuring safety mechanisms to reduce needlestick injuries. Firms are investing in R&D to develop eco-friendly and technologically advanced products, while strategic partnerships and mergers enhance market presence. Regulatory compliance and the adoption of stringent safety standards further influence competition, driving manufacturers to differentiate their offerings.

In February 2022, Takeda has obtained approval from the United States Food and Drug Administration for the TAKHZYRO (lanadelumab-flyo) injection, available in a single-dose prefilled syringe (PFS), aimed at preventing hereditary angioedema (HAE) attacks. (Source: https://www.takeda.com/en-us/newsroom/news-releases/2022/takeda-receives-us-fda-approval-for-prefilled-syringe-presentation-of-takhzyro/) In April 2023, Roche Diabetes Care has introduced ACCU-FINE pen needles designed for painless insulin delivery. This product facilitates smoother insulin administration, ultimately contributing to improved diabetes management for individuals living with diabetes. (Source: https://drugscontrol.org/news-detail.php?newsid=32773) In April 2023, Becton, Dickinson and Company has launched a groundbreaking needle-free blood draw technology designed to integrate seamlessly with catheters. The PIVO Pro Needle-free Blood Collection Device has received 510(k) clearance from the U.S. Food and Drug Administration. This device is the first of its kind, featuring unique compatibility with integrated and extended peripheral IV catheters. (Source: https://www.bd.com/en-us/products-and-solutions/products/product-families/pivo-pro-needle-free-blood-draw-device)

Top Companies Market Share in Disposable Blood Collection Needle Industry: (In no particular order of Rank)

• BD (Becton
• Dickinson and Company)
• Terumo Corporation
• Medtronic plc
• F.L. Medical
• Greiner Bio-One International GmbH
• Nipro Corporation
• Smiths Medical
• Henke-Sass
• Wolf GmbH
• VYGON S.A.
• Hirschmann Laborgeräte GmbH
• Cypress Diagnostic Inc.
• Sarstedt AG & Co.
• Boston Scientific Corporation
• Parker Hannifin Corporation
• Shandong Weigao Group Medical Polymer Company Limited
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Disposable Blood Collection Needle Market

Which Region Dominates the Disposable Blood Collection Needle Market in 2024?

According to Cognitive Market Research, North America currently dominates the Disposable Blood Collection Needles market, and the region is expected to have significant growth during the projected period. This is due to the region's a robust healthcare infrastructure, high prevalence of chronic diseases, and stringent safety regulations. The region's advanced medical technology and significant investment in healthcare facilities drive the demand for safe and efficient blood collection methods. Additionally, the emphasis on infection control, particularly following the COVID-19 pandemic, has led to increased adoption of disposable needles. Strong presence of key manufacturers also contributes to the region's market dominance.

Which Region is Expanding at the Fastest CAGR?

The Asia Pacific region is experiencing the fastest CAGR in the Disposable Blood Collection Needle Market due to rapid urbanization, increasing healthcare expenditure, and rising awareness of infection control practices. Growing populations and the prevalence of chronic diseases, such as diabetes and cardiovascular conditions, drive the demand for blood collection procedures. Additionally, government initiatives to improve healthcare infrastructure and accessibility contribute to market growth. The expansion of manufacturing capabilities in countries like China and India further enhances the supply of disposable needles in the region.

The current report Scope analyzes Disposable Blood Collection Needle Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Disposable Blood Collection Needle

According to Cognitive Market Research, the global Disposable Blood Collection Needle market size was estimated at USD xx Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD xx million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Disposable Blood Collection Needle market with a market size of USD xx million in 2024 and is projected to grow at a CAGR of 4.0% during the forecast period. The U.S. market's increasing prevalence of chronic diseases and a rising emphasis on safe and hygienic healthcare practices is driving the Disposable Blood Collection Needle market.
• The Canada Disposable Blood Collection Needle market had a market share of USD xx million in 2024 and is projected to grow at a CAGR of 5.0% during the forecast period. Canada’s initiatives promoting the use of disposable devices is driving the Disposable Blood Collection Needle market.
• The Mexico Disposable Blood Collection Needle market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD xx million in 2024.

Europe Disposable Blood Collection Needle

According to Cognitive Market Research, the global Disposable Blood Collection Needle market size was estimated at USD xx Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD xx million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2031.

• The United Kingdom Disposable Blood Collection Needle market had a market share of USD xx million in 2024 and is projected to grow at a CAGR of 5.3% during the forecast period. In the UK, Disposable Blood Collection Needle sales witness an upswing due to a rising incidence of chronic diseases and an aging population that requires frequent medical testing.
• The France Disposable Blood Collection Needle market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD xx million in 2024.
• According to Cognitive Market Research, the German Disposable Blood Collection Needle market size was valued at USD xx million in 2024 and is projected to grow at a CAGR of 4.7% during the forecast period. In Germany, Disposable Blood Collection Needle surged due to presence of major market players.
• The Italy Disposable Blood Collection Needle market is projected to witness growth at a CAGR of 3.9% during the forecast period, with a market size of USD xx million in 2024.
• The Russia Disposable Blood Collection Needle market is projected to witness growth at a CAGR of 3.5% during the forecast period, with a market size of USD xx million in 2024.
• The Spain Disposable Blood Collection Needle market is projected to witness growth at a CAGR of 3.6% during the forecast period with a market size of USD xx million in 2024
• The Luxembourg Disposable Blood Collection Needle market is projected to witness growth at a CAGR of 4.6% during the forecast period, with a market size of USD xx million in 2024.
• The Portugal Disposable Blood Collection Needle market is projected to witness growth at a CAGR of 4.3% during the forecast period, with a market size of USD xx million in 2024.
• The Greece Disposable Blood Collection Needle market is projected to witness growth at a CAGR of 4.8% during the forecast period, with a market size of USD xx million in 2024.
• The Rest of Europe's Disposable Blood Collection Needle market is projected to witness growth at a CAGR of 3.2% during the forecast period, with a market size of USD xx million in 2024.

Asia Pacific Disposable Blood Collection Needle

According to Cognitive Market Research, the global Disposable Blood Collection Needle market size was estimated at USD xx Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD xx million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031.

• According to Cognitive Market Research, the China Disposable Blood Collection Needle market size was valued at USD xx million in 2024 and is projected to grow at a CAGR of 7.5% during the forecast period. Disposable Blood Collection Needle surged in China due to increasing healthcare access and rising awareness of safety practices.
• The Japan Disposable Blood Collection Needle market is projected to witness growth at a CAGR of 6.5% during the forecast period, with a market size of USD xx million in 2024.
• The India Disposable Blood Collection Needle market had a market share of USD xx million in 2024 and is projected to grow at a CAGR of 9.8% during the forecast period. India's government initiatives to improve healthcare infrastructure is driving the Disposable Blood Collection Needle market.
• The South Korean Disposable Blood Collection Needle market is projected to witness growth at a CAGR of 7.1% during the forecast period, with a market size of USD xx million in 2024.
• The Australian Disposable Blood Collection Needle market is projected to witness growth at a CAGR of 7.7% during the forecast period, with a market size of USD xx million in 2024.
• The South East Asia Disposable Blood Collection Needle market is projected to witness growth at a CAGR of 9.0% during the forecast period, with a market size of USD xx million in 2024.
• The Rest of Asia Pacific Disposable Blood Collection Needle market is projected to witness growth at a CAGR of 7.8% during the forecast period, with a market size of USD xx million in 2024.

South America Disposable Blood Collection Needle

According to Cognitive Market Research, the global Disposable Blood Collection Needle market size was estimated at USD xx Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD xx million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Disposable Blood Collection Needle market size was valued at USD xx million in 2024 and is projected to grow at a CAGR of 6.0% during the forecast period. Disposable Blood Collection Needles flourished in Brazil due to increasing healthcare access and a rising prevalence of chronic diseases.
• Argentina's Disposable Blood Collection Needle market had a market share of USD xx million in 2024 and is projected to grow at a CAGR of 6.3% during the forecast period. Argentina's growing awareness of safety and hygiene standards in medical practices encourages the adoption of disposable devices to prevent infections is driving the Disposable Blood Collection Needle market.
• Colombia Disposable Blood Collection Needle market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD xx million in 2024.
• Peru Disposable Blood Collection Needle market is projected to witness growth at a CAGR of 5.6% during the forecast period, with a market size of USD xx million in 2024.
• Chile Disposable Blood Collection Needle market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD xx million in 2024.
• The Rest of Latin America's Disposable Blood Collection Needle market is projected to witness growth at a CAGR of 4.5% during the forecast period, with a market size of USD xx million in 2024.

Middle East and Africa Disposable Blood Collection Needle

According to Cognitive Market Research, the global Disposable Blood Collection Needle market size was estimated at USD xx Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD xx million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031..

• The GCC Countries Disposable Blood Collection Needle market is projected to witness growth at a CAGR of 6.5% during the forecast period, with a market size of USD xx million in 2024. Disposable Blood Collection Needle sales flourish due to the presence of major market players.
• The Egypt Disposable Blood Collection Needle market is projected to witness growth at a CAGR of 6.0% during the forecast period, with a market size of USD xx million in 2024.
• The South Africa Disposable Blood Collection Needle market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD xx million in 2024. Disposable Blood Collection Needle sales flourished in South Africa due to rising healthcare investments and an increasing focus on improving medical infrastructure.
• The Turkey Disposable Blood Collection Needle market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD xx million in 2024.
• The Nigeria Disposable Blood Collection Needle market is projected to witness growth at a CAGR of 4.8% during the forecast period, with a market size of USD xx million in 2024.
• The Rest of the MEA Disposable Blood Collection Needle market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD xx million in 2024.

Disposable Blood Collection Needle Market Analysis

Disposable Blood Collection Needle Market Type Segment Analysis

According to Cognitive Market Research, Safety Blood Collection Needles are likely to dominate the Disposable Blood Collection Needle Market over the forecast period. Safety blood collection needles captured the largest market share in the Disposable Blood Collection Needle Market due to their advanced design, which minimizes the risk of needlestick injuries and cross-contamination. Increasing awareness of the importance of infection control and workplace safety in healthcare settings has driven demand for these devices. Regulatory bodies also emphasize the use of safety-engineered needles to protect healthcare workers and patients. As a result, their adoption has become a standard practice, significantly contributing to market share dominance.

Standard blood collection needles are growing at the highest CAGR in the Disposable Blood Collection Needle Market due to their widespread use, affordability, and effectiveness for routine blood draws. As healthcare facilities seek cost-effective solutions without compromising quality, standard needles remain a preferred choice for many practitioners. Additionally, the increase in outpatient procedures and diagnostic testing drives demand for these needles. Their simplicity and reliability make them an essential tool in various medical settings, further fueling their market growth.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Disposable Blood Collection Needle Industry. Request a Free Sample PDF!

According to Cognitive Market Research, the Hospitals segment holds the largest share of the market. The Hospitals application captured the largest market share in the Disposable Blood Collection Needle Market due to the high volume of blood collection procedures performed in these settings. Hospitals are the primary healthcare facilities where routine tests, surgeries, and emergency care occur, driving demand for disposable needles. Furthermore, stringent infection control protocols and safety regulations in hospitals necessitate the use of single-use devices to prevent cross-contamination. The continuous influx of patients seeking treatment further solidifies hospitals as the dominant application segment in this market.

The Clinics application is growing at the highest CAGR in the Disposable Blood Collection Needle Market due to the rising number of outpatient procedures and increased patient visits for routine tests. As clinics focus on providing accessible and efficient healthcare services, the demand for quick and reliable blood collection methods rises. Additionally, the growing emphasis on preventive care and early disease detection encourages patients to seek regular check-ups, further driving the need for disposable blood collection needles in clinical settings.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Disposable Blood Collection Needle Distribution Channel Segment Analysis

Disposable Blood Collection Needle Market Distribution Channel Segment Analysis

According to Cognitive Market Research, the Direct Sales segment dominates the market. The Direct Sales distribution channel captured the largest market share in the Disposable Blood Collection Needle Market due to its ability to establish strong relationships between manufacturers and healthcare providers. This channel ensures timely delivery, tailored product support, and immediate feedback, enhancing customer satisfaction. Direct sales allow manufacturers to maintain better control over pricing and product quality while offering comprehensive training to healthcare professionals on proper usage. The personalized service and responsiveness of direct sales make it a preferred choice for hospitals and clinics.

The Distributors distribution channel is growing at the highest CAGR in the Disposable Blood Collection Needle Market due to its ability to efficiently manage the supply chain and reach a wider customer base. Distributors offer healthcare facilities access to a diverse range of products from multiple manufacturers, simplifying procurement processes. As healthcare providers increasingly seek reliable partners for timely deliveries and inventory management, distributors play a vital role in ensuring that disposable blood collection needles are readily available. Their established networks enhance market penetration and responsiveness.

• Direct Sales
• Distributors
• Online Sales

Disposable Blood Collection Needle Price range Segment Analysis

Disposable Blood Collection Needle Market Price range Segment Analysis

According to Cognitive Market Research, the Low segment dominates the market. The Low Price Range captured the largest market share in the Disposable Blood Collection Needle Market due to its affordability, making it accessible to a broad range of healthcare facilities, especially in developing regions. Cost-sensitive hospitals and clinics prefer economical options to manage budgets effectively while ensuring quality patient care. Additionally, the high volume of blood collection procedures further drives demand for lower-priced needles. Competitive pricing among manufacturers also contributes to the dominance of this segment, appealing to healthcare providers focused on cost management.

The Medium Price Range is growing at the highest CAGR in the Disposable Blood Collection Needle Market due to increasing demand for a balance between quality and affordability. Healthcare facilities are increasingly recognizing the benefits of higher-quality needles that offer better safety features and user comfort without significantly increasing costs. As healthcare providers invest in improving patient care and minimizing infection risks, the medium-priced options, which often feature enhanced designs and materials, become attractive. This trend is particularly prevalent in emerging markets, driving growth.

• Low
• Medium
• Premium

Author's Detail

Anushka Gore

Research Associate at Cognitive Market Research

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Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.

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