Singapore Needles Market (2025-2031) Outlook | Growth, Analysis, Share, Forecast, Revenue, Companies, Trends, Industry, Value & Size
Market Forecast By Type (Conventional, Safety), By Product (Pen, Suture, Blood Collection, Dental, Ophthalmic, Others), By Delivery Mode (Hypodermic, Intravenous, Intramuscular, Others), By Raw Material (Stainless Steel, Glass, Others) And Competitive Landscape
| Product Code: ETC376347 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Singapore Needles Market Size Growth Rate
The Singapore Needles Market could see a tapering of growth rates over 2025 to 2029. Starting high at 4.11% in 2025, the market steadily declines to 1.85% by 2029.
Needles Market: Singapore vs Top 5 Major Economies in 2027 (Asia)
The Needles market in Singapore is projected to grow at a stable growth rate of 3.81% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.
Singapore Needles Market Synopsis
The needles market in Singapore is set to grow as the healthcare and medical sectors require a wide range of needles for diagnostic and therapeutic purposes. Needles are essential medical devices used for injections, blood collection, and other medical procedures. The market`s expansion is driven by healthcare advancements and the increasing demand for specialized needles.
Drivers of the Market
The growth of the Singapore needles market is driven by factors such as healthcare services, medical procedures, and patient care. Needles are essential medical devices used for injections, blood collection, and various medical treatments. Growth drivers encompass the demand for sterile and high-quality needles, the adoption of safety needle technologies, and applications in hospitals, clinics, and healthcare facilities. As healthcare providers prioritize patient safety and quality care, the needles market is poised for growth, providing essential devices for medical procedures and diagnostics.
Challenges of the Market
The needles market in Singapore confronts challenges concerning medical standards and technological advancements. Needles are vital medical devices used for various applications, and ensuring their safety and quality is crucial for patient care. Moreover, keeping up with needle technology innovations and adhering to medical regulations is essential for the healthcare industry.
COVID-19 Impact on the Market
The needles market in Singapore navigated the COVID-19 pandemic with adaptability. While there were disruptions in some medical procedures, needles remained essential for healthcare and diagnostics. Manufacturers adapted by offering precision-engineered and safety-enhanced needle products. The pandemic underscored the importance of medical equipment safety and reliability, influencing market strategies.
Key Players in the Market
Key manufacturers like Becton, Dickinson and Company (BD), Terumo Corporation, and Smiths Medical (a division of Smiths Group plc) dominate the Singapore needles market by providing medical needles and devices used in healthcare and medical procedures. Their commitment to needle technology and patient care positions them as major contributors to this sector.
Key Highlights of the Report:
- Singapore Needles Market Outlook
- Market Size of Singapore Needles Market, 2024
- Forecast of Singapore Needles Market, 2031
- Historical Data and Forecast of Singapore Needles Revenues & Volume for the Period 2021-2031
- Singapore Needles Market Trend Evolution
- Singapore Needles Market Drivers and Challenges
- Singapore Needles Price Trends
- Singapore Needles Porter's Five Forces
- Singapore Needles Industry Life Cycle
- Historical Data and Forecast of Singapore Needles Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of Singapore Needles Market Revenues & Volume By Conventional for the Period 2021-2031
- Historical Data and Forecast of Singapore Needles Market Revenues & Volume By Safety for the Period 2021-2031
- Historical Data and Forecast of Singapore Needles Market Revenues & Volume By Product for the Period 2021-2031
- Historical Data and Forecast of Singapore Needles Market Revenues & Volume By Pen for the Period 2021-2031
- Historical Data and Forecast of Singapore Needles Market Revenues & Volume By Suture for the Period 2021-2031
- Historical Data and Forecast of Singapore Needles Market Revenues & Volume By Blood Collection for the Period 2021-2031
- Historical Data and Forecast of Singapore Needles Market Revenues & Volume By Dental for the Period 2021-2031
- Historical Data and Forecast of Singapore Needles Market Revenues & Volume By Ophthalmic for the Period 2021-2031
- Historical Data and Forecast of Singapore Needles Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Singapore Needles Market Revenues & Volume By Delivery Mode for the Period 2021-2031
- Historical Data and Forecast of Singapore Needles Market Revenues & Volume By Hypodermic for the Period 2021-2031
- Historical Data and Forecast of Singapore Needles Market Revenues & Volume By Intravenous for the Period 2021-2031
- Historical Data and Forecast of Singapore Needles Market Revenues & Volume By Intramuscular for the Period 2021-2031
- Historical Data and Forecast of Singapore Needles Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Singapore Needles Market Revenues & Volume By Raw Material for the Period 2021-2031
- Historical Data and Forecast of Singapore Needles Market Revenues & Volume By Stainless Steel for the Period 2021-2031
- Historical Data and Forecast of Singapore Needles Market Revenues & Volume By Glass for the Period 2021-2031
- Historical Data and Forecast of Singapore Needles Market Revenues & Volume By Others for the Period 2021-2031
- Singapore Needles Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Product
- Market Opportunity Assessment By Delivery Mode
- Market Opportunity Assessment By Raw Material
- Singapore Needles Top Companies Market Share
- Singapore Needles Competitive Benchmarking By Technical and Operational Parameters
- Singapore Needles Company Profiles
- Singapore Needles Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Singapore Needles Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Singapore Needles Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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