The Filter Needles Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Filter Needles Market?
The market size for filter needles has seen significant growth lately. The market is projected to expand from $1.59 billion in 2024 to $1.73 billion in 2025, with a compound annual growth rate (CAGR) of 9.0%. The historical growth in this market is primarily due to the increased focus on patient safety and infection control.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Filter Needles Industry?
The Filter Needles market is forecasted to reach a value of $2.4 billion by 2029, growing at a compound annual growth rate (CAGR) of 8.6%.
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What are the Key Growth Drivers Fueling the Filter Needles Market?
The drivers in the filter needles market are:
• Growing emphasis on patient safety and infection control
• Increasing prevalence of chronic diseases
• Regulatory requirements pertaining to medication preparation and administration
• Expansion in healthcare infrastructure and increased healthcare spending globally
Global Market Segmentation: Identifying Major Filter Needles Industry Segments
The filter needles market covered in this report is segmented –
1) By Type: Membrane Filter Needles, Depth Filter Needles, Other Types
2) By Raw Material: Stainless Steel, Glass, Other Raw Materials
3) By Application: Drug Preparation, Laboratory Procedures, Other Applications
4) By End Use: Hospitals, Clinics, Ambulatory Surgery Centers, Other End Uses
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What are the emerging Trends Shaping the Future of the Filter Needles Market?
The trends in the filter needles market are:
• The integration of smart features in filter needles is an emerging trend.
• There is a heightened focus on sustainability in medical device manufacturing.
• Advanced safety features, like needlestick prevention mechanisms and ergonomic designs, are popular trends.
• Incorporation of remote monitoring capabilities and advanced technologies like automation and connectivity in filter needle devices is a growing trend.
Who Are the Top Competitors & Leading Players in the Filter Needles Market?
The major players in the filter needles market are:
• Cardinal Health
• Thermo Fisher Scientific Inc
Regional Dominance: Which Area Leads the Global 2025 Filter Needles Market Insights: Analyzing Size, Share & Growth Potential Market?
North America was the largest region in the filter needles market in 2023
