#Huber Needle Market Analysis
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Huber Needles Market Growth, Trend, and Prospects from 2023–2030
Huber Needles Market Growth
The Huber Needles Market is expected to grow from USD 2.90 Billion in 2022 to USD 6.50 Billion by 2030, at a CAGR of 10.60% during the forecast period.
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Huber Needles Market Size
Huber needles are specialized needles used for accessing implanted ports in patients suffering from cancer or other chronic diseases. The market research report on Huber needles includes segmentation based on type (safety Huber needles and standard Huber needles), application (hospitals, clinics, ambulatory surgical centers, and others), and region (North America, Asia Pacific, Middle East, Africa, Australia, and Europe). The major players in the market include Medtronic, BD Medical, Boston Scientific, Smith Medical, Argon Medical Devices, Novo Nordisk, Terumo Corporation, NIPRO Medical, B. Braun Melsungen AG, Medsurg, Hamilton Syringes & Needles, and Hi-Tech Medicare Devices. The report also covers regulatory and legal factors specific to market conditions. The market is driven by an increasing number of cancer patients globally and the rising demand for minimally invasive procedures. However, stringent government regulations and the high cost of Huber needles are the major factors restricting market growth.
Huber Needles Market Key Players
Medtronic
BD Medical
Boston Scientific
Smith Medical
Argon Medical Devices
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Huber Needles Market Segment Analysis
The Huber needles are mainly used in the medical industry for patients requiring long-term vascular access for treatments such as chemotherapy, nutrition, or dialysis. The target market for Huber needles includes hospitals, clinics, and home healthcare settings. The demand for these needles is driven by the increasing prevalence of various chronic conditions, such as cancer and renal failure, which require long-term vascular access for treatment. Additionally, the rising geriatric population base and increasing access to healthcare services in developing countries are also contributing to the growth of the Huber needles market.
The latest trends in the Huber needles market include the development of needles with improved safety features and the introduction of compact and portable needle sets for home healthcare settings. Manufacturers are also focusing on developing products that are easy to use and minimize the risk of needle-related complications. However, the major challenge faced by the Huber needles market is the availability of alternative devices, such as peripherally inserted central catheters (PICCs), which offer similar benefits. Additionally, the lack of reimbursement policies for some of the products may also hinder market growth.
According to the report’s main findings, the global Huber needles market is expected to grow at a CAGR of 5.2% during the forecast period of 2020–2027. The increasing incidence of chronic diseases, rising geriatric population, and advancements in needle technology are some of the major factors driving the growth of the market. North America accounted for the majority of the revenue share in 2019, owing to the high prevalence of chronic diseases and the presence of strong healthcare infrastructure. The renal diseases segment is expected to dominate the market during the forecast period, owing to the increasing incidence of renal failure and the rising demand for dialysis.
The report’s recommendations include manufacturers focusing on developing innovative and cost-effective products to remain competitive in the market. They should also collaborate with healthcare providers to increase awareness regarding the benefits of Huber needles and to improve patient outcomes. Additionally, policymakers should establish reimbursement policies for Huber needles to increase their adoption in healthcare settings.
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Market Segmentation (by Application)
Hospitals
Clinics
Ambulatory Surgical Centres
Other
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Which Unexplored Technology Would Hit The Huber Needle Market Between Forecast Years?
Huber needles are being used on a large scale in drug delivery, chemotherapy, blood sampling and transfusion. Increasing prevalence of blood-related diseases and the requirement to manage chronic diseases including long-term drug infusion and medication. These are some of the factors influencing the use of Huber needles. Increasing government spending on development of healthcare infrastructure in various countries is also a dynamic factor contributing to the growth of the global Huber needles market.
The rise in cancer and renal diseases are also driving the demand for Huber needles. However, the problem of coring can hamper the growth of the global market for Huber needles. In recent years, a majority of Huber needles were recalled owing to the possibility of coring. Hence, increasing number of manufacturers are using standard test method for coring testing of Huber needles.
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Company Profiles
Baxter International Inc
C. R. Bard, Inc
NIPRO Medical Corporation
B. Braun Medical Inc.
Smiths Medical
Exel International, Inc.
Vygon S.A.
AngioDynamics, Inc.
Thiebaud S.A.S.
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Manufacturers are also increasingly investing in the research and development of new products ensuring safety and easy-to-use features. New production and testing methods are also being adapted to meet the increasing demand and testing to avoid any adverse health effects due to Huber needles.
The Food and Drug Administration (FDA) has also introduced an anti-coring test for Huber needles. However, Huber needles are costly as compared to traditional needles and the risk of infection through Huber needles are likely to hamper the growth of the global Huber needles market.
The global market for Huber needles is expected to witness significant growth during 2017-2024, according to the report by Persistence Market Research. By the end of 2024, the global Huber needles market is projected to bring in more than US$ 50 Million revenue.
Curved Huber Needles to Witness Robust Growth During the Forecast Period 2017-2024
Based on the product type, compared to the straight Huber needles, curved Huber needles are likely to see substantial growth. Curved Huber needles are estimated to exceed US$ 40 Million revenue by 2024 end.
On the basis of application, Huber needles are expected to find large application in IV cancer. Towards 2024 end, Huber needles application for IV cancer is projected to surpass US$ 20 Million revenue. Meanwhile, application of Huber needles in dialysis is also expected to significantly grow in the next few years.
By end user, hospitals followed by oncology centers are likely to be the largest users of Huber needles in the global Huber needles market. Hospitals as a user of Huber needles are projected to bring in more than US$ 20 Million revenue.
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North America to Lead the Global Market for Huber Needles Between 2017 and 2024
The U.S. is likely to emerge as the largest country in the Huber needles market in North America. The region is witnessing an increasing adoption of Huber needles for long-term drug infusion. The diagnoses rate in the region has also increased in the region in recent years, this is also creating demand for Huber needles in North America.
Meanwhile, in Europe, Germany, Italy, and France hold maximum share in the Huber needles market. However, increasing awareness about the treatment of cancer in the Asia Pacific is also likely to drive the demand for Huber needles in the region.
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#Huber Needle Market Analysis#Huber Needle Market Demand#Huber Needle Market Development#Huber Needle Market Forecast#Huber Needle Market Growth#Huber Needle Market Revenue Share#Huber Needle Market Size#Huber Needle Market Supply#Huber Needle Market Trends
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The valuation of the Huber Needles market assessed in this report is provided in USD million. This study offers extensive statistic data pertaining to the CAGR of the industry over the forecast duration.
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Safety Needles Market Prominent Growth And Vendor Landscape By 2025
The global safety needles market was valued at US$ xx million in the year 2019. This market is estimated to be valued at US$ xx million in the year 2020 and is expected to reach US$ xx million by the year 2025, with an estimated CAGR of 8.2% during the forecast period (2020-2025). A needle is a solid and slender instrument, which is pointed at the end and is employed for puncturing of tissues.
They are used for various purposes, such as drawing blood from the body for sample collection, administration of drugs in the body, and others. However, healthcare workers are at higher risk of accidentally puncturing the skin leading to needlestick injuries. Therefore, safety needles are devices that are equipped with features such as a sheath that covers the needle to prevent needlestick injuries. Increased cases of needlestick injuries worldwide and surge in the prevalence of chronic & infectious disease has increased the demand for safety needles market.
Key Insights:
Latest Updates
Analyst Views
Future Outlook of the Market
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Competitive Landscape:
Key players in the global safety needles market include: Cardinal Health, Johnson& Johnson, Novo Nordisk, Nipro Corporation, Medtronic PLC, B. Braun, Smiths Group, DeRoyal, Terumo, and Retractable Technologies
The players have adopted strategies for product development and acquisition to strengthen their position in the market. For instance, in July 2020, Sharps Technology, Inc., launched its patented and FDA approved SHARPS PROVENSA smart safety needle syringes in the United States.
By Type
Active Safety Needles
Passive Safety Needles
Hypodermic Needles
Fine Aspirating Needles
Suture Needles,
Biopsy Needles
Pen Needles
IV Catheter Needles
Huber Needles
Spinal Anesthesia & Epidural Needles
Blood Collection Needles
Prefilled Needles
AV. Fistula Needles
Cannula Needles
By Application
Hospitals
Ambulatory Surgery Centers
Diabetic Patients
Family Practices
Psychiatry
Others
By Region
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
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Market Dynamics:
Various types of safety needles are available in the market that works on different mechanisms. For example, active safety needles and passive safety needles have different working mechanisms. The safety features of these needles have led to a surge in their adoption among various end-users such as hospitals & ambulatory surgery centers, diabetic patients, and others. In addition, investment in R&D by major market players for development of needles with maximum safety and precision is expected to boost the safety needles market. For instance, In August 2018, RKRAY Inc., launched Assure ID Safety Pen Needles. These safety needles are designed to protect healthcare professionals and patients from accidental injuries during the injection of insulin. Moreover, the emergence of needle technology focuses on reducing the level of pain and anxiety experienced during injections.
The use of needles for blood donation and testing has increased significantly in the past few years. According to the Red Cross, there is a high demand for blood and blood products due to rising cases of complex surgeries, such as chemotherapy, heart surgery, and organ transplant, which require a large number of safety needles. High cost associated with safety needles and rising availability of safety needles alternatives, including needle-free injection in the market, are some of the key factors expected to restraint the growth of the global safety needles market.
FAQ's:
Note: This report provides an in-depth analysis of the global safety needles market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2020-2025), considering 2019, as the base year.
What are the trends adopted by key players in the global safety needles market?
What key factors are expected to increase the demand for safety needles market during the forecast period 2020-2025?
What are the major challenges inhibiting the growth of the global safety needles market?
What is the total market value (US$ Mn) generated in the global safety needles market by type in 2019, and what are the forecasts by 2025?
Which application is expected to dominate the safety needles market in the coming years?
What was the total revenue generated by the global safety needles market across different regions (North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa) in 2019, along with CAGR (%) for the period (2020-2025)
What is the competitive strength of the key players in the safety needles market?
What are the major outcomes derived from Porter’s five forces?
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Nuclear Medicine Equipment Market 2028 Corporate Overview, Financial Summary and SWOT Analysis
The Nuclear Medicine Equipment Market report analyzes the primary market growth drivers and challenges that the key industry players and the market as a whole are going to face. The report also provides an overview of the key trends emerging in the market. It offers accurate assessment of the market size of different segments with the key leading countries, various stakeholders like investors, traders, suppliers, and others, and their growth prospects. Nuclear Medicine Equipment market report covers the problems along with business strategies, the industry structure and even landscape, and market effectiveness.
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Nuclear Medicine Equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to market.
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Major Players Covered in this report:
CMR Naviscan, SurgicEye GmbH, Mallinckrodt, Neusoft Corporation, DDD-Diagnostic A/S, CANON MEDICAL SYSTEMS CORPORATION, Mediso Ltd, DIGIRAD CORPORATION, Siemens, Cardinal Health, GENERAL ELECTRIC.
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What are the emerging technologies that are going to profit the market?
What is the historical and the current size of the global Nuclear Medicine Equipment market?
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Chapter 2: Assessment of Top Manufacturers in the Worldwide Nuclear Medicine Equipment Market Consisting of Revenue, Sales, and Product Price
Chapter 3: Show Competitiveness Among Top Manufacturers Along with Market Share, Revenue, and Sales
Chapter 4: Analysis of Global Nuclear Medicine Equipment Market by Region, Market Share, Forecast Period Revenue, and Sales
Chapters 5, 6, 7, 8, and 9: Assess Markets by Segment, Country, and Manufacturer, and Assess Revenue Shares and Sales by Top Country in These Different Regions.
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C-Arms Market Import-Export Analysis for each Product, Type, Technology and Application Up to 2027
The C-Arms Market report analyzes the primary market growth drivers and challenges that the key industry players and the market as a whole are going to face. The report has been put together using primary and secondary research methodologies, which offer an accurate and precise understanding of the C-Arms market. Analysts have used a top-down and bottom-up approach to evaluate the segments and provide a fair assessment of their impact on the global market. The report offers an overview of the market, which briefly describes the market condition and the leading segments. It also mentions the top players present in the market.
The report highlights several significant features of the global C-Arms market encompassing competitive landscape, segmentation analysis, and industry environment. It shows the scope of the market and a brief overview of the definition and description of the product or service. The potential factors that can bring the market to the upward direction have been mentioned in the report. With this report, companies, as well as individuals interested in this report, will get proven valuable guidelines and direction so that they consolidate their position in the market.
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C-Arms market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to market.
The report also sheds light on the restraints present in the global C-Arms market. Analysts have discussed the details highlighting the factors that are expected to hamper the growth of the market in the coming years. Evolving lifestyles, taxation policies, and purchasing powers of various economies have scrutinized in great detail. The report presents fair points about how these restraints can be turned into opportunities if assessed properly.
Prominent Key Players- Covered in the report: Assing S.p.A, BMI Biomedical International s.r.l., AADCO Medical, Inc., Eurocolumbus s.r.l., Shimadzu Corporation, ITALRAY, Hologic Inc., Villa Sistemi Medicali Spa., STEPHANIX, MS WESTFALIA GMBH, Siemens Healthcare GmbH., Ziehm Imaging, Koninklijke Philips N.V.
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Growth opportunities, driving forces, constraints and challenges of the C-Arms market
Fair view of market performance
The latest trends and developments in the market
The competitive landscape and diversified business strategies used by industry players
Potential market segments of the C-Arms market
Important market areas show promising growth avenues
The current, historical, and potential scale of the C-Arms market
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Key Pointers Covered in Table of Content:
Chapter 1: Report Overview
Chapter 2: Global C-Arms Market Growth Trends
Chapter 3: Market Share by Key Players
Chapter 4: Breakdown Data by Type and Application
Chapter 5: Market by End Users/Application
Chapter 6: COVID-19 Outbreak: Worldwide Industry Impact
Chapter 7: Opportunity Analysis in Covid-19 Crisis
Chapter 8: Market Driving Force
And Many More…
Questions answered in C-Arms Market research study:
Which are the five top players of the global C-Arms market?
How will the market change in the next few years?
Which product and application will take a lion’s share of the global C-Arms market?
What are the drivers and restraints of the global C-Arms market?
Which regional market will show the highest growth?
What will be the CAGR and size of the global C-Arms market throughout theforecast period?
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SAFETY NEEDLES MARKET ANALYSIS (2019-2027)
Safety Needles Market – Insights
Safety needles are designed for delivering drugs and collecting fluids from the body with safety features to avoid needlestick injuries. There are various types of safety needles such as fine aspirating needles, biopsy needles, hypodermic needles, pen needles, suture needles, IV catheter needles, Huber needles, blood collection needles, spinal anesthesia and epidural needles, prefilled needles, A.V. fistula needles, and cannula needles.
Statistics:
The global safety needles market is estimated to account for US$ 7,765.7 Mn in terms of value by the end of 2027.
Global Safety Needles Market: Drivers
Increasing prevalence of gynecologic cancer and spine disorders is expected to boost growth of the global safety needles market over the forecast period. For instance, according to Foundation for Women’s Cancer, around 5,170 new cases of vaginal cancer are diagnosed each year in the U.S.
Moreover, high adoption of prefilled syringes is also expected to aid in growth of the market. Prefilled syringes are widely used for product differentiation for drugs that require parenteral injections. The growing awareness in risk associated with filling syringe from a vial is expected to act as a value-driver for demand for prefilled safety needles.
North America region held dominant position in the global safety needles market in 2019, accounting for 31.8% share in terms of value, followed by 2027.
Figure 1. Global Safety Needles Market Share (%), by Region, 2019
Global Safety Needles Market: Restraints
Increasing development and awareness of needle-free injection technology is expected to hinder growth of the global safety needles market. For instance, in December 2019, Nephron Pharmaceuticals Corporation partnered with National Medical Products Inc., a developer of J-Tip Needle Free Injector, to provide patients quality care through virtually pain-free anesthetic
Moreover, high incidence of trypanophobia (fear of needles) is also expected to limit growth of the market. For instance, according to the study, ‘The fear of needles: A systematic review and meta-analysis,’ published in the Journal of Advanced Nursing in January 2019, the prevalence for needle fear ranged from 20-50% in adolescents and 20-30% in young adults.
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Global Safety Needles Market: Opportunities
Growing preference for pain-free needles is expected to offer lucrative growth opportunities for players in the market. Diabetes patients rely on regular dose of insulin. Therefore, such patient group prefers needles that offer less or no discomfort, ease of use, and high accuracy of dosage.
Moreover, government initiatives for needle disposal is also expected to aid in growth of the market. For instance, in February 2020, the city of Bloomington (U.S.) announced its plans to provide needle disposal boxes in public parks.
Fine Aspirating Needle segment in the global safety needles market was valued at US$ 543.9 Mn in 2019 and is expected to reach US$ 931.9 Mn by 2027 at a CAGR of 7.0% during the forecast period.
Market Trends/Key Takeaways
Increasing concerns on needlestick injuries and high prevalence of HIV and blood borne diseases have prompted companies to develop and introduce needles with enhanced safety features in the market. Products with advanced features such as self-retracting needles and needles with safety locking system are gaining traction among healthcare professionals and patients.
Government initiatives to promote vaccination is also expected to aid in growth of the market. For instance, in February 2020, the state Government of Colorado, U.S., announced its plans to pass bill for increasing the vaccination rates of Colorado children to 95% in line with the targets of the Centers for Disease Control and Prevention.
Value Chain Analysis -
Global Safety Needles Market: Competitive Landscape
Major players operating in the global safety needles market include, Medtronic PLC, Becton, Dickinson and Company, Boston Scientific Corporation, Smith Medical, Abbott Laboratories, Argon Medical Devices, Inc., Novo Nordisk A/S, Terumo Corporation, Eli Lilly and Company, NIPRO Medical Corporation, and B. Braun Melsungen AG.
Global Safety Needles Market: Key Developments
Major players in the market are focused on adopting collaboration and partnership strategies to expand their product portfolio. For instance, in February 2020, Abbott Laboratories partnered with Insulet Corporation to integrate Abbott's glucose sensing technology with Insulet's next-generation tubeless system, the Omnipod Horizon Automated Insulin Delivery System (Omnipod Horizon System), to offer personalized automated insulin delivery and care for people living with diabetes.
Players in the market are also focused on launching affordable products to enhance their market share. For instance, in January 2020, Eli Lilly and Company announced its plan to launch lower-priced versions of Humalog Mix75/25 KwikPen and Humalog Junior KwikPen, by mid-April.
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The global Huber needles market is estimated to reach CAGR of 7.2% from 2019 to 2027
US$ 16.8 Mn in 2019, By the end of 2027, The global Huber needles market is estimated to account for US$ 66.1 Mn
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Figure 1. Global Huber Needles Market Share (%), by Region, 2019
Description:
Risk of infection associated with Huber needles is expected to hamper growth of the market. During the use of Huber needles, the caregiver repetitively needs to access the implanted port and pierce a silicon septum with non-corning Huber needle. The Huber needles pose high risk of needle stick injuries during the removal of needle.
Market Trends/Key Takeaways
Increasing focus on reducing needle stick injuries has led companies to develop and introduce various needles with enhanced safety features in the market. Products with advanced features such as self-retracting needles and needles with safety locking are gaining traction among healthcare professionals and patients.
Increasing prevalence of end-stage renal disease is expected to boost growth of the global Huber needles market. For instance, according to November 2019 data of National Center for Biotechnology Information, the prevalence of end-stage renal disease is rising at a stable number of about 20,000 cases per year.
Regulations:
U.S.
The U.S. FDA authorizes the use of Huber needles for long term medication infusion and blood withdrawal
Huber needles are type of safety vascular access needles that fall under class II with special controls. However, companies need a premarket approval before commercializing the device.
FDA mandates performance tests for stiffness, bending breakage, corrosive resistance and elasticity of Huber needles
Huber needle manufacturers are expected to submit performance tests in investigational device exemption applications (IDEs) and premarket approval applications (PMAs) to support the safety and effectiveness of Huber needles. These devices require a premarket approval (PMA) application before marketing and commercialization.
According to FDA, the basic structure of Huber needle contains needle, needle cap and needle hub. These needles are either straight type available in gauges 19, 20, and 22, and length 1’’ to 1-1/2’’ or bent 90 degree angle available in gauges 19, 20, and 22, and length 1’’ to 1-1/2’’
FDA has set few standard guideline in order to meet the safety requirement. These devices falls under the category of class II devices (Special Controls) or Class III (PMA).
Global Huber Needles Market: Competitive Landscape
Major players operating in the global Huber Needles market include, Baxter International Inc., B. Braun Medical Inc., Smiths Medical, NIPRO Medical Corporation, AngioDynamics, Inc., and C. R. Bard, Inc.
Value Chain Analysis -
Global Huber Needles Market: Key Developments
Major players in the market are focused on adopting M&A strategies to expand their product portfolio. For instance, in February 2019, B. Braun Medical Inc. acquired Medisystems Streamline Bloodlines business that includes the Streamline Bloodline for the Dialog+ hemodialysis system, Streamline Bloodline for the Fresenius Medical Care hemodialysis system, and Streamline Bloodline Long for the Fresenius Medical Care hemodialysis system.
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Huber Needles Market Research Report 2019
Huber Needles Market Research Report 2019
MarketResearchNest.com presents “Global Huber Needles Market Research Report 2019-2023” new Research to its studies database. The records spread across 147 with more than one tables and figures in it.
This comprehensive Huber Needlesresearch report includes a brief on these trends that can help the businesses operating in the industry to understand the market and strategize for their business…
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Global Huber Needles Market Overview 2019
21-may-2019
Huber needles are available in two forms including straight and curved. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. Huber Needles Report by Material, Application, and Geography - Global Forecast to 2023 is a professional and comprehensive research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, United Kingdom, Japan, South Korea and China).
In this report, the global
Huber Needles
market is valued at USD XX million in 2019 and is projected to reach USD XX million by the end of 2023, growing at a CAGR of XX% during the period 2019 to 2023.
The report firstly introduced the Huber Needles basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world's main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.
The major players profiled in this report include:
Baxter International Inc
C. R. Bard, Inc
NIPRO Medical Corporation
B. Braun Medical Inc.
Smiths Medical
Exel International, Inc.
Vygon S.A.
AngioDynamics, Inc.
Thiebaud S.A.S.
The end users/applications and product categories analysis:
On the basis of product, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each type, primarily split into-
Straight Needles
Curved Needles
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Huber Needles for each application, including-
Hospital
Clinic
Application C
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Table of Contents
Part I Huber Needles Industry Overview
Chapter One Huber Needles Industry Overview
1.1 Huber Needles Definition
1.2 Huber Needles Classification Analysis
1.2.1 Huber Needles Main Classification Analysis
1.2.2 Huber Needles Main Classification Share Analysis
1.3 Huber Needles Application Analysis
1.3.1 Huber Needles Main Application Analysis
1.3.2 Huber Needles Main Application Share Analysis
1.4 Huber Needles Industry Chain Structure Analysis
1.5 Huber Needles Industry Development Overview
1.5.1 Huber Needles Product History Development Overview
1.5.1 Huber Needles Product Market Development Overview
1.6 Huber Needles Global Market Comparison Analysis
1.6.1 Huber Needles Global Import Market Analysis
1.6.2 Huber Needles Global Export Market Analysis
1.6.3 Huber Needles Global Main Region Market Analysis
1.6.4 Huber Needles Global Market Comparison Analysis
1.6.5 Huber Needles Global Market Development Trend Analysis
Chapter Two Huber Needles Up and Down Stream Industry Analysis
2.1 Upstream Raw Materials Analysis
2.1.1 Proportion of Manufacturing Cost
2.1.2 Manufacturing Cost Structure of Huber Needles Analysis
2.2 Down Stream Market Analysis
2.2.1 Down Stream Market Analysis
2.2.2 Down Stream Demand Analysis
2.2.3 Down Stream Market Trend Analysis
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#Huber Needles Market#Huber Needles#Huber Needles Market 2019#Huber Needles Market Size#Huber Needles Market research#Huber Needles Market analysis
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Safety Needles Market To Hold A High Potential For Growth By 2027
A needle is a solid and slender instrument, which is pointed at the end and is employed for puncturing of tissues. They are used for various purposes, such as drawing blood from the body for sample collection, administration of drugs in the body, and others. However, healthcare workers are at higher risk of accidentally puncturing the skin leading to needlestick injuries. Therefore, safety needles are devices that are equipped with features such as a sheath that covers the needle to prevent needlestick injuries. Increased cases of needlestick injuries worldwide and surge in the prevalence of chronic & infectious disease has increased the demand for safety needles market.
Key players in the global safety needles market include: Cardinal Health, Johnson& Johnson, Novo Nordisk, Nipro Corporation, Medtronic PLC, B. Braun, Smiths Group, DeRoyal, Terumo, and Retractable Technologies.
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The players have adopted strategies for product development and acquisition to strengthen their position in the market. For instance, in July 2020, Sharps Technology, Inc., launched its patented and FDA approved SHARPS PROVENSA smart safety needle syringes in the United States.
Market Taxonomy:
By Type
Active Safety Needles
Passive Safety Needles
Hypodermic Needles
Fine Aspirating Needles
Suture Needles,
Biopsy Needles
Pen Needles
IV Catheter Needles
Huber Needles
Spinal Anesthesia & Epidural Needles
Blood Collection Needles
Prefilled Needles
AV. Fistula Needles
Cannula Needles
By Application
Hospitals
Ambulatory Surgery Centers
Diabetic Patients
Family Practices
Psychiatry
Others
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Market Segmenatation:
By Type (Active Safety Needles and Passive Safety Needles (Hypodermic Needles, Fine Aspirating Needles, Suture Needles, Biopsy Needles, Pen Needles, IV Catheter Needles, Huber Needles, Spinal Anesthesia & Epidural Needles, Blood Collection Needles, Prefilled Needles, A.V. Fistula Needles, and Cannula Needles))
By Application (Hospitals, Ambulatory Surgery Centers, Diabetic Patients, Family Practices, Psychiatry and Others )
Regions Covered:
North America
Latin America
Europe
Asia-Pacific
Middle East and Africa
Market Dynamics:
Various types of safety needles are available in the market that works on different mechanisms. For example, active safety needles and passive safety needles have different working mechanisms. The safety features of these needles have led to a surge in their adoption among various end-users such as hospitals & ambulatory surgery centers, diabetic patients, and others. In addition, investment in R&D by major market players for development of needles with maximum safety and precision is expected to boost the safety needles market.
For instance, In August 2018, RKRAY Inc., launched Assure ID Safety Pen Needles. These safety needles are designed to protect healthcare professionals and patients from accidental injuries during the injection of insulin. Moreover, the emergence of needle technology focuses on reducing the level of pain and anxiety experienced during injections. The use of needles for blood donation and testing has increased significantly in the past few years. According to the Red Cross, there is a high demand for blood and blood products due to rising cases of complex surgeries, such as chemotherapy, heart surgery, and organ transplant, which require a large number of safety needles. High cost associated with safety needles and rising availability of safety needles alternatives, including needle-free injection in the market, are some of the key factors expected to restraint the growth of the global safety needles market.
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With a significant rise in the number of chronic diseases across the globe and the robust development of the healthcare infrastructure are some of the key factors propelling the global huber needle market. The research study offers a detailed overview of the global market and throws light on the factors that are likely to encourage the growth of the market. The key segmentation of the global market, along with the primary applications and technological developments have been included in the research study. An in-depth analysis of the competitive landscape of the global huber needle market has been given to provide a strong understanding to readers and market players.
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Huber Needles Market Report To, 2025 Analysis By Top Manufacturers – Medtronic, Medsurg, BD Medical, Smith Medical
Huber Needles Market Report To, 2025 Analysis By Top Manufacturers – Medtronic, Medsurg, BD Medical, Smith Medical
The most recent report on Huber Needles Market issued by DecisionDatabases, numerous aspects of the current market scenario has been taken into consideration and a concise analysis has been put together to bring you with a study that has pre and post COVID analysis. It is essential to address the current outbreak of COVID-19 in the current market scenario. The complete shutdown in many parts of…
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