Safety Syringes Market Size, Share, Growth Analysis, By Product(Retractable Safety Syringes and Non-Retractable Safety Syringes), By Type(Attached Needle and Detachable Needles), By End-user(Hospitals, Blood Donation Camps, and Others), By Therapy(Insulin and Tuberculosis), By Region - Industry Forecast 2024-2031

Global Safety Syringes Market size was valued at USD 8.45 billion in 2022 and is poised to grow from USD 9.11 billion in 2023 to USD 16.61 billion by 2031, growing at a CAGR of 7.8% in the forecast period (2024-2031).

The global safety syringes market has experienced significant growth in recent years, driven by rising concerns about needlestick injuries, bloodborne infections, and the need for safer healthcare practices. The increasing adoption of safety-engineered syringes in hospitals, clinics, and other healthcare settings has been a key factor propelling market expansion. Stringent regulations and guidelines implemented by various governments and health organizations to ensure healthcare worker safety have also contributed to the market's upward trajectory. The market has seen the introduction of innovative safety syringe designs that offer features such as retractable needles, automatic safety mechanisms, and needlestick prevention.

As awareness about the importance of needlestick injury prevention continues to grow, the global safety syringes market is poised to maintain its growth momentum. However, challenges related to cost and availability in certain regions, as well as the need for comprehensive training, may impact the market's growth to some extent.

US Safety Syringes Market is poised to grow at a sustainable CAGR for the next forecast year.