Filter Needles Market to Grow with a CAGR of 7.20% through 2029

Expanding surgical procedures and a heightened focus on patient safety is expected to drive the Global Filter Needles Market growth in the forecast period, 2025-2029

 

According to TechSci Research report, “Filter Needles Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029”, the Global Filter Needles Market stood at USD 1.56 billion in 2023 and is anticipated to grow with a CAGR of 7.20% in the forecast period, 2025-2029. This can be attributed to expanding surgical procedures. Surgical procedures are growing in number and complex. Filter needles are used to maintain sterility during surgical preparations and injections. With advances in medical science, more surgeries are being performed globally. This trend directly contributes to the market's growth, as filter needles become an integral part of these procedures. Furthermore, infection control remains a top priority in healthcare. There will likely be increased awareness and emphasis on maintaining sterility in medical procedures, leading to a greater adoption of filter needles as an infection control measure.

                                                                                             

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According to the Centers for Disease Control and Prevention (CDC), as of January 2023, approximately 1.35 million individuals succumb to global road accidents annually, equating to nearly 3,700 fatalities per day. Middle and low-income countries bear a disproportionate burden of these incidents compared to their high-income counterparts. With filter needles playing a vital role in evacuating purulent wounds resulting from accidents, the rising number of accidents is expected to propel demand for filter needles, consequently driving substantial market expansion throughout the forecast period. The increasing prevalence of diabetes on a global scale, encompassing both type I and type II, is anticipated to serve as a catalyst for the filter needles market. Data from the International Diabetes Federation in 2021 indicated that approximately 537 million adults aged 20 to 79 were living with diabetes. Projections suggest an increase to 643 million by 2023 and a remarkable 783 million by 2045. Since prolonged diabetes often leads to diabetic foot ulcers, this is expected to significantly drive market growth in the future.

The growing elderly population worldwide is also poised to fuel the growth of the filter needles market. The elderly demographic is more prone to chronic diseases and chronic ulcers compared to other age groups. According to the World Population Prospects 2022 report by the United Nations (UN) Department of Economic and Social Affairs, the proportion of the population aged 65 years or older constituted approximately 10% of the total population, a figure projected to reach around 16% by the year 2050. The global increase in surgical procedures is resulting in a higher incidence of surgical site infections. A report published by the Health Research Educational Trust (HRET) in 2018 revealed that approximately 15.0 million surgeries are performed annually in the United States, with approximately 2.0% to 5.0% of patients developing surgical site infections. Filter needles play a critical role in draining pus and blood from infected wounds and administering medication for proper wound healing. These factors are expected to drive the growth of the filter needles market over the forecast period.

The Global Filter Needles Market is segmented into raw material, end use, regional distribution, and company

In the medical field, stainless steel is highly esteemed for its exceptional resistance to corrosion, making it an optimal choice for crafting filter needles utilized in medical procedures. The stringent sterile conditions mandated in medical environments necessitate materials capable of withstanding corrosion, thereby safeguarding the needles' integrity and mitigating contamination risks during usage. Stainless steel exhibits remarkable durability and longevity, rendering it well-suited for repetitive utilization within medical settings. Filter needles crafted from stainless steel can withstand rigorous sterilization processes, including autoclaving, without compromising their structural integrity. This robustness ensures that the needles maintain their efficacy and sterility through multiple uses, thereby contributing to the cost-effectiveness of healthcare facilities. Stainless steel presents an economically viable solution for filter needle production compared to alternative materials. Its widespread availability and relatively modest production expenses empower manufacturers to produce high-caliber filter needles at competitive prices. This cost-effectiveness proves particularly advantageous for healthcare facilities prioritizing the acquisition of dependable yet economical medical supplies.

Based on end use, Hospitals and clinics serve a diverse patient demographic, offering services ranging from routine check-ups to specialized treatments. This broad patient base creates a consistent demand for a variety of medical supplies, including filter needles. These healthcare facilities play a vital role in delivering comprehensive medical care, which includes diagnostic procedures, surgeries, and therapies for both acute and chronic conditions. Many of these services involve invasive procedures or medication administration, necessitating the use of filter needles to maintain sterility standards and minimize the risk of infections. Emergency departments in hospitals act as primary responders to traumatic injuries and urgent medical situations, requiring swift interventions such as wound care and intravenous treatments. In these critical scenarios, the use of filter needles is essential to ensure sterility and prevent contamination.

The ambulatory surgery centers segment is projected to experience the highest Compound Annual Growth Rate (CAGR) during the forecast period. Also referred to as outpatient surgery facilities, these centers are preferred by patients undergoing less complex procedures with shorter recovery times. The global demand for minimally invasive procedures is on the rise, propelled by their various advantages such as reduced scarring, minimal tissue damage, improved precision, and shorter hospital stays. This surge in demand is anticipated to increase the need for surgical interventions and diagnostic services provided by ambulatory surgical centers.

 

Major companies operating in Global Filter Needles Market are:

• Cardinal Health Inc
• Myco Medical Supplies Inc
• Stryker Corp
• B Braun SE
• Sol-Millennium Medical Inc.
• Terumo Corp
• ICU Medical Inc

 

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“The Global Filter Needles Market is poised to witness notable trends in the coming years. These include the expansion of biologics and advanced therapies, customization for specialized procedures, sustainability efforts, technological integration, regulatory compliance, telehealth integration, supply chain resilience, enhanced training and education, and a greater focus on infection control. Embracing these trends will be crucial for market players to thrive in an ever-evolving healthcare landscape. As the industry continues to progress, innovation and adaptation will be key in meeting the diverse needs of healthcare providers and ensuring patient safety,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

“Filter Needles Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Raw Material (Stainless Steel, Glass, Others), By End Use (Hospitals & Clinics, Ambulatory Surgery Centers, Others), By Region, and By Competition, 2019-2029F”, has evaluated the future growth potential of Global Filter Needles Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Filter Needles Market.

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