Needle Counters Market Size, Share, Industry, Forecast and outlook (2024-2031)

Global Needle Counters Market is Segmented By Type (Foam Needle Counters, Magnet Needle Counters), By End User(Hospitals, Clinics, Ambulatory Surgical Centers), By Region (North America, Europe, South America, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031

Needle Counters Market Size

The Global Needle Counters market  reached USD 2.1 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 3.0 billion by 2031. The global needle counters market  is expected to exhibita CAGR of 4.7% during the forecast period (2024-2031).

Needle counters are used in healthcare settings to count needles during surgical procedures, prevent retained surgical items, improve efficiency, help documentation and record-keeping, and contribute to quality assurance. They are critical in ensuring patient safety and improving surgical outcomes. Needle counters are primarily used to accurately count the number of needles used during a surgical procedure. They are a simple and effective way to keep track of needle usage.

Furthermore, increasing incidences of chronic diseases, a growing geriatric population, and the introduction of new advanced products by market players are elevating needle counters market size. Due to the massive rise in technological advancements in countries like the U.S. and Canada, the market is experincing an rise in demand from North American regions. Significant key players like Boen Healthcare, Medical Action Industries, Xodus Medical, Austramedex, and others are actively operating in the market.

Needle Counters Market Scope

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Needle Counters Market Trends

The Rise of Surgical Procedures will Helps to Boost the Market Growth

Surgeries are frequently required to save lives in emergency situations. Procedures like heart surgery, organ transplants, trauma surgery, and neurosurgery can be life-saving in the treatment of life-threatening illnesses and injuries. By reducing pain, improving body functions, and removing physical deformities or disabilities, surgeries can significantly improve an individual's quality of life. Joint replacement surgeries, cataract removal, reconstructive surgeries, and procedures to alleviate hearing loss or vision impairment are instances.

The rise of surgical procedures will heps the market growth. For instance, according to NLM, every year, over 310 million major procedures are performed worldwide; approximately 40 to 50 million in the United States and 20 million in Europe. It is expected that 1-4% of these patients may die, up to 15% will experience severe postoperative morbidity, and 5-15% will be readmitted within 30 days. With an annual global mortality rate of roughly 8 million patients, major surgery is on par with the top causes of death, which include cardiovascular disease and stroke, cancer, and accident. As a result, the increase in surgery operations will demand more needle counters thus contributes to market growth.

Preventing Retained Surgical Items

Needle counters serve a critical function in preventing needle retention inside a patient's body following surgery. Needle counters help guarantee that all needles are properly accounted for and that none are left behind by roughly counting the number of needles used throughout an operation. As a result, the likelihood of post-surgical complications and the necessity for additional treatments to remove remaining needles is reduced.

Needle counters, for instance, give an authentic and accurate technique of counting the number of needles used during a surgical procedure. The surgical team manually or electronically counts and records each needle as it is used. This guarantees that all needles are counted before closing the incision, reducing the possibility of leaving a needle behind. 

Furthermore, needle counters enable for real-time monitoring of needle usage during the procedure. The surgical team can simply keep track of the number of needles used during the procedure, ensuring that none are misplaced or lost. This reduces the danger of a needle accidentally remaining inside the patient's body. Thus, the aforementioned factors aid in market expansion.

The Time Consuming and Cost of Maintenance will Hamper the Market Growth

However, manually counting needles with a needle counter can be time-consuming. It necessitates additional processes and may lengthen the surgical procedure, thereby prolonging the patient's duration under anaesthesia. The longer the surgery, the higher the chance of problems, such as infections or blood loss. Furthermore, needle counters might raise the entire cost of surgical treatments. They are specialised instruments that must be purchased, maintained, and calibrated on a regular basis. This may result in higher costs for healthcare facilities. As a result, the aforementioned factors will impede market expansion.   

Needle Counters Market Segment Analysis

The global needle counters market  is segmented based on type, end user and region.

The Magnet Needle Counters  Accounted for Approximately 52.7% of the Needle Counters Market Share in 2022

Magnet Needle Counters can be useful in a variety of medical procedures, particularly those involving surgical interventions or medicinal treatments in which the use of needles is common. For patient safety, accurate needle counting is critical. Infections, tissue damage, and organ perforation can all result from leaving a needle within a patient. Needle counters assist in ensuring that all needles used during an operation are accounted for before closing the patient up.

While needle counters, especially magnet needle counters, can provide benefits in terms of safety, efficiency, and compliance, it's important to keep in mind that their specific features and performance may differ depending on the manufacturer and intended application. It is always suggested to follow the manufacturer's instructions and guidelines or speak with healthcare professionals who have experience utilising such devices.

For instance, the Cardinal Health launches the magnet needle counters and its features include an adhesive strip on the box's outside to secure and keep position on any work surface, magnets and counts ranging from 10 to 60, and others; consequently, the segment will grow as a result of the magnet needle counters' features.

Global Needle Counters Market Geographical Share

North America Accounted for Approximately 39.4% of the Market Share in 2022.

North America has maintained a significant proportion of the needle counters market in recent years, and this trend is anticipated to continue throughout the forecast period, owing to the prevalence of disorders needing minimally invasive procedures and rising healthcare expenditure. With respect to the high prevalence of chronic diseases such as cardiovascular disease, cancer, and neurological diseases in North America, the United States is likely to have a significant market share over the projection period. 

For instance, according to the data updated by CDC in October 2022, heart disease is the top cause of death in United States for men, women, and people of most racial and ethnic groups. In the United States, one person dies from cardiovascular disease every 30 seconds. In 2021, around 690,000 people in the United States died from heart disease—one in every five deaths—indicating a high burden of the disease in the country, necessitating surgery. Thus, the rise of diseases and advancements in healthcare contribute to the region's growth.

Needle Counters Market Companies

The major global players in the needle counters market STERIS, NewGen Surgical, Boen Healthcare, Medical Action Industries, Xodus Medical, Austramedex, ArcRoyal, Medtronic, Cardinal Health, Advanced Medical Innovation Inc and others.

COVID-19 Impact on Needle Counters Market

The global impact of the COVID-19 epidemic on surgical procedures has been enormous. COVID-19 poses a higher risk for those undergoing surgery because to the increased chance of complications and infection. As a result, healthcare providers have been careful in weighing the risks and advantages of performing procedures, especially on individuals who are at a higher risk of serious illness as a result of COVID-19. Many hospitals and healthcare systems have postponed or cancelled non-urgent or elective surgeries in order to conserve resources, control patient flow, and limit the risk of COVID-19 transmission. This was done to prioritise essential care while also keeping hospital capacity for COVID-19 patients.

Key Developments

• In October 2022, the product was introduced by NewGen Surgical Needle Counter.The NewGen Surgical Needle Counter (NGSNC) outer box is made with 100% plant-based bagasse, a post-agricultural by-product from sugarcane upcycled to create fibre pulp, giving the needle counter a 95% plastic reduction by weight and reducing Scope 3 CO2e by more than 50%. 
• On March 15, 2023, due to innovative technology installed by the German firm RZ Medicine Technik, Aster Medcity has executed the first minimally invasive laser enucleation of the prostate (MiLEP) surgery in India. Dr. Sandeep Prabhakaran, Senior Consultant and Programme Director of Laser Endourology at Aster Medcity, performed the procedure on a 52-year-old patient who was discharged home within 48 hours. Thus while performing the surgeries the needle counter will be used in the procedure.

Why Purchase the Report?

• To visualize the global needle counters market segmentation based on type, end user and region,as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development. 
• Excel data sheet with numerous data points of needle counters market-level with all segments.
• PDF report consists of a comprehensiveanalysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available asexcelconsisting of key products of all the major players.

The Global Needle Counters Market  report would provide approximately 53 tables, 54 figures and 195 Pages.

Target Audience 2024

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies