Needle Counters Market Size, Competitive Landscape and Market Forecast - 2029

SKU: DMMD3498 | Last Updated On: May 13 2022 | Available Formats

> Global Needle Counters Market Expected to reach a high CAGR By 2029: DataM Intelligence

Global Needle Counters Market is segmented By Type (Double Magnet, Single Magnet), By End-User (Hospitals, Clinics, Ambulatory Surgical Centers), and By Region (North America, Europe, South America, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029


Market Overview

The global needle counters market is estimated to reach at a CAGR during the forecast period (2022-2029). 

Needle counters are designed to provide a safe and easy way to store and count various disposable surgical sharps used during a procedure.

Market Dynamics

The needle counters market growth is driven by a rise in healthcare facilities, increasing incidences of chronic diseases, and a growing geriatric population, the introduction of new advanced products by market players.

Rising expenditure on healthcare and healthcare facilities is expected to propel the global needle counters market growth over the forecast period.

Private as well as public expenditure on healthcare has increased significantly in the recent past. This is owing to the increasing population and prevalence of various diseases. Furthermore, a rapidly changing lifestyle drives the demand for advanced healthcare solutions, thereby accelerating the usage of needle counters for storing surgical sharps globally. For instance, according to the World Bank, public and private health expenditure collectively in the U.S. accounted for 16.89% and 17% of the overall GDP of the country in 2017 and 2018, respectively, whereas, in Germany, it accounted for 11.43% of the country’s GDP in 2018. Furthermore, increased expenditure on healthcare has led to high adoption of wireless technologies, implantable medical devices, and a high preference for alternative healthcare institutions. Thus, a rise in healthcare expenditure is expected to propel the global needle counters market growth over the forecast period.

Huge usage of needle counters coupled with increasing ICU admissions, is expected to drive the global needle counters market growth

According to the Joint Commission’s Sentinel Event Alerts, Retained Surgical Items (RSIs) can pose a serious threat to patient well-being and cost a healthcare institution upwards of $160,000 per incident. To aid in eliminating the risk of RSIs, needle counters offer a wide range of solutions to complement the Sharps Safety. Counting trays extend safety beyond accounting to reducing the risk of accidental needle sticks and significant cross-contamination from bloodborne pathogens.

For instance, as per the recently published statistics by The Regents of the University of California, approximately 4 million ICU admissions occur on an annual basis. Thus, to systematically manage the care for every patient in ICU, the healthcare facilities will focus on adopting needle counters for sharps, spurring the market demand.

Few disadvantages of needle counters may restrict the market growth

When using needle counters with magnets, caution should be used during procedures with materials or equipment which may be adversely affected by magnetic fields. Some needle counters are sterilized for single use only. Do not reuse, reprocess, or resterilize. Reuse, reprocessing, or resterilization may compromise the structural integrity of the device and lead to device failure.

COVID-19 Impact Analysis

The COVID-19 pandemic is expected to negatively impact the needle counter market. Following the COVID-19 outbreak in December 2019, the disease has spread to over 100 countries globally, and the World Health Organization has declared it a public health emergency. According to the World Health Organization’s report, the coronavirus (COVID-19) manifestation has resulted in more than 52.7 million infected individuals worldwide as of November 13, 2020. COVID-19 has affected every market globally and has also impacted the global needle counters market in the following ways; by directly affecting production and demand, creating disruptions in distribution channels, and its financial impact on firms and financial markets.

Segment Analysis

The double magnet segment is expected to hold largest share in this market segment

Designed to provide a safe and easy way to store and count various types of sharps used during a procedure. Full surface double magnet provides extra space for odd-shaped sharps, pins, blades or needles. Markings on the magnet allow easy sharps placement and positioning. For instance, ArcRoyal Products portfolio includes surgical accessories, available in both sterile and non-sterile formats. With a range that includes temperature monitoring, patient warming and sharps safety.

Product No.




Needle Counter, Double Magnet, Horizontal, 30CT, 60CP



Needle Counter, Double Magnet, 20CT, 40CP



The hospital segment is expected to hold largest share in this market segment

The hospitals held the largest share in the needle counters market. This is mainly owing to increasing number of patients undergoing surgeries mostly are treated in hospitals equipped with advanced infrastructure and adequate facilities. Moreover, growing number of hospitals along with adequate reimbursement policies is also contributing to the growth of this segment. The growing number of surgical procedures taking place worldwide is expected to increase the demand for needle counters.  For instance, according to Kalorama information, there are 232 million surgical procedures taking place globally as of 2016, in which 20% happens in the United States, indicating a huge healthcare market. 

Geographical Analysis

North America region holds the largest market share of global needle counters market

North America region is expected to serve a large share of the market owing to the increasing patient population as a result of rise in the geriatric population and the increasing prevalence of chronic diseases, which leads to a large number of surgical procedures, high prevalence of HAIs, the existence of advanced healthcare infrastructure in the US and Canada, the implementation of favorable government initiatives and stringent regulations on needle counters, and the presence of key players in this region. According to the World Health Organization (WHO) 2018, globally, chronic diseases are the leading causes of death and disability. Disease rates from chronic conditions are accelerating worldwide, advancing across every region and pervading all socioeconomic classes. In 2020, the contribution of chronic diseases caused 73% of all deaths and 60% of the global burden of disease. The growing number of surgical procedures taking place worldwide is expected to increase the demand for needle counters.  For instance, according to Kalorama information, there are 232 million surgical procedures taking place globally as of 2016, in which 20% happens in the United States, indicating a huge healthcare market. 

Competitive Landscape

The global needle counters market is highly competitive with presence of global companies.  Some of the key players which are contributing to the growth of the market include Medline Industries, Boen Healthcare, Medical Action Industries, Xodus Medical, Austramedex, ArcRoyal, Medtronic, Cardinal Health, Advanced Medical Innovation Inc, Key Surgical, Suzhou jinsheng plastic co., Ltd, Wujiang Aoye Import&Export Co., Ltd, Hejian Honby Tex Products Inc, Changzhou Kanghao Polymer Material Science Co., Ltd, Jiangsu Yingyang Nonwoven Machinery Co., Ltd. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of the market globally. For instance, In November 2020, Steris PLC announced that it completed the previously announced acquisition of Key Surgical. With the acquisition, the company strengthened and expanded its product offerings globally.

Needle Counters Market Key Companies to Watch

Medline Industries

Overview: Medline Industries is a leading global healthcare company providing quality medical and surgical supplies with superior value throughout North America, Europe, Asia and the Middle East. Founded in 1910, It has grown from a small manufacturer of aprons, surgical gowns and uniforms to a thriving global healthcare company by its dedicated people, entrepreneurial spirit and moral values. Fifty-four years of consecutive annual growth have led to 2020 sales of more than $16 billion worldwide and a stream of new products and services. Medline holds a top-tier market share in more than a dozen major medical product categories around the world. It conducts business in 27 European countries, where the company is overgrowing and invests heavily in manufacturing and distribution facilities and our people. Today in Europe, Medline employs more than 1,000 associates, including 160 account managers and product specialists, to support the European sales network, manufacturing and distribution.

Product Portfolio: The company manufactures and distributes medical and surgical products, medical equipment and medical products to healthcare institutions and retail markets around the globe.

Key Developments: In 2020, Medline announced the acquisition of Medi -Select, a Quebec city-based medical and dental supplies distributor. Medline Industries (US) opened a national sales support center in Libertyville, US in 2020. This will strengthen the company’s customer base.

Why Purchase the Report?

  • Visualize the composition of the needle counters market segmentation by type, end-user and region highlighting the key commercial assets and players.
  • Identify commercial opportunities in needle counters market by analyzing trends and co-development deals.
  • Excel data sheet with thousands of data points of needle counters market - level 4/5 segmentation.
  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
  • Product mapping in excel for the key product of all major market players

The global needle counters market report would provide an access to an approx. 41 market data table, 53 figures and 200 pages. 

Target Audience

  • Service Providers/ Buyers
  • Industry Investors/Investment Bankers
  • Education & Research Institutes
  • Research Professionals
  • Emerging Companies
  • Manufacturers

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