#Safety Huber Needle

[kdlmedtech]

Top Tips for Selecting Disposable Safety Huber Needle

When it comes to medical procedures that require the use of a Huber needle, safety should always be a top priority. This is where disposable safety Huber needles come into play. These single-use devices offer a safe and efficient way to access and administer medication to a patient’s port. However, with a variety of options available on the market, choosing the right one can be overwhelming. To help you make an informed decision, we have put together the ultimate guide to choosing the right disposable safety Huber needle.

Importance of choosing the right disposable safety Huber needle

Selecting the right disposable safety Huber needles is crucial for a number of reasons. Firstly, it ensures that the patient experiences minimal discomfort during the procedure. Secondly, it reduces the risk of infection and other complications. Lastly, it allows for smooth and efficient access to the port, making the entire process more streamlined.

Read More : Huber Needles : Why It Best For Using Long-Term IV Therapy

Factors to consider when choosing a disposable safety Huber needle

Needle Gauge

The first and most crucial factor to consider is the needle gauge. The gauge refers to the diameter of the needle, and it is denoted by a numerical value. The higher the gauge number, the smaller the needle’s diameter. For example, a 22-gauge needle is smaller than a 20-gauge needle. The choice of gauge depends on the patient’s vein size and the medication being administered. For thicker medications or patients with larger veins, a lower gauge needle may be more suitable, while a higher gauge needle is preferred for thinner medications or smaller veins.

Needle Length

The next factor to consider is the needle length. Huber needles come in various lengths, typically ranging from 0.5 inches to 1.5 inches. The appropriate length will depend on the location and depth of the implanted port or catheter. For example, a longer needle may be necessary if the port is deep within the body, while a shorter needle is suitable for a more superficial port.

Safety Mechanism

Disposable safety Huber needles come with a variety of safety mechanisms, and it is crucial to choose one that meets your specific needs. Some have a push-and-twist mechanism, while others have a retractable needle or a sliding shield. The safety mechanism is design to protect both the patient and the healthcare worker from accidental needlestick injuries. It is essential to consider the ease of use and effectiveness of the safety mechanism when choosing a disposable safety Huber needle.

Biocompatibility

Biocompatibility is a crucial factor to consider, especially for patients with allergies or sensitivities. Huber needles are made from various materials, including stainless steel, plastic, and silicone. Ensure that the needle is made from a material that is compatible with the patient’s body to avoid any adverse reactions.

Sterility

Sterility is a non-negotiable factor when it comes to medical devices. Disposable safety Huber needles should be individually packaged and sterilized to prevent any contamination. Make sure to check for the expiration date and the integrity of the packaging before use.

Ease of Use

Huber needles are use in various application, including hospitals, clinics, and at-home care. Therefore, it is essential to choose a needle that is easy to handle and use. Look for features such as a textured grip or a color-coded hub for easy identification. This will ensure efficient and safe use in any setting.

Types of Disposable Safety Huber Needles

There are various types of disposable safety Huber needles available in the market, including non-coring needles, gripper huber needles, and winged needles. Each type has its unique features and benefits, so it is essential to choose the one that best suits your needs.

Tips for proper disposal and handling of disposable safety Huber needles

Proper disposal and handling of disposable safety Huber needles is crucial to prevent the spread of infection and ensure safety for healthcare workers and patients. It’s important to follow proper disposal guidelines, such as using a sharps container and never recapping the needle.

Conclusion and final recommendations

In conclusion, choosing the right disposable safety Huber needle is essential for ensuring safety, comfort, and effectiveness during medical procedures. By considering factors such as needle gauge, length, safety features, and brand reputation, you can make an informed decision that meets your needs. Remember to always follow proper disposal and handling guidelines to ensure safety for all parties involved.

Source : Top Tips for Selecting Disposable Safety Huber Needle

[ujwala-hole11]

Huber Needles Market Drivers: Insights into Global Healthcare Expansion

The Huber needles market is experiencing substantial growth, spurred by several influential drivers that are shaping the industry landscape. Huber needles, known for their non-coring design, are crucial for accessing implanted ports used in long-term medical treatments such as chemotherapy, dialysis, and intravenous therapies. As healthcare demands evolve, these drivers highlight the growing significance of Huber needles in modern medicine.

1. Rising Prevalence of Chronic Diseases

Chronic diseases such as cancer, diabetes, and cardiovascular disorders are on the rise globally. Treatments for these conditions often require long-term venous access, making Huber needles indispensable. For example, cancer patients undergoing chemotherapy depend heavily on implanted ports accessed via Huber needles for frequent medication administration. This rising demand is a significant growth driver for the market.

2. Technological Advancements in Needle Design

Innovation in medical devices is a critical driver of the Huber needles market. Manufacturers are continuously improving needle designs to enhance safety, usability, and patient comfort. Features like safety sheaths, ergonomic grips, and improved non-coring designs reduce the risk of complications such as needle-stick injuries and ensure precise port access. These advancements make Huber needles a preferred choice in modern healthcare settings.

3. Expansion of Healthcare Infrastructure

Global healthcare systems are rapidly expanding, particularly in developing countries where investments in medical facilities and technologies are increasing. With the rise in hospital construction and the adoption of advanced medical devices, the demand for Huber needles is expected to grow. These markets offer significant potential for manufacturers looking to expand their reach.

4. Focus on Patient Safety and Comfort

Modern medicine prioritizes patient safety and comfort, which directly influences the design and adoption of medical devices like Huber needles. Their ability to minimize pain during port access and reduce complications aligns with this focus, making them essential tools in patient-centric healthcare approaches.

5. Growing Home Healthcare Trends

The increasing preference for home-based medical care has boosted the demand for user-friendly and reliable medical devices, including Huber needles. Patients managing chronic conditions at home require high-quality needles for self-administration of treatments, driving growth in this market segment.

6. Regulatory Support and Safety Standards

Stringent safety and quality regulations have played a pivotal role in driving innovation and trust in the Huber needles market. Organizations like the FDA and ISO ensure that these needles meet the highest safety standards, promoting their adoption among healthcare providers and patients alike.

7. Rising Awareness of Infection Control

Huber needles are designed to minimize contamination risks during port access. With the increased emphasis on infection control in healthcare, these needles are being adopted widely to prevent complications such as bloodstream infections, further driving market demand.

8. Increased Use in Minimally Invasive Procedures

The healthcare sector is increasingly leaning towards minimally invasive treatments, where Huber needles play a crucial role in ensuring efficient and safe access to medical ports. Their reliability in such procedures is a significant market driver.

9. Key Role in Pediatric and Geriatric Care

Specialized patient groups such as children and the elderly require minimally invasive and less painful treatment methods. Huber needles cater to these needs effectively, expanding their application in specialized care segments.

10. Emerging Markets and Economic Growth

Emerging economies in regions like Asia-Pacific and Latin America are witnessing improved healthcare access due to economic development. This expansion increases the adoption of advanced medical devices, including Huber needles, creating significant growth opportunities.

Conclusion

The Huber needles market is poised for continuous growth, driven by factors like the rising prevalence of chronic diseases, technological advancements, expanding healthcare infrastructure, and a growing focus on safety and comfort. As healthcare systems evolve, these drivers will play a pivotal role in shaping the market’s future, making Huber needles an integral part of modern medical practices.

[pranay-234]

Huber Needles Market Top Winning Strategies and Industry Forecast 2023-2032

In the intricate world of medical devices, few tools play as crucial a role as Huber needles, threading precision and innovation into the fabric of healthcare. As we navigate the ever-evolving landscape of the Huber Needles Market, it becomes evident that these specialized needles are not just instruments but precision-driven solutions that are shaping the future of medical infusion technologies.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭 : https://www.alliedmarketresearch.com/request-toc-and-sample/8750

Economic and Healthcare Entwined Crisis: The COVID-19 pandemic has proven to be a dual-edged crisis, inflicting both an economic downturn and a strain on healthcare systems globally. Developed countries, despite their advanced infrastructures, are grappling with the economic repercussions that are expected to trigger recessions. This intertwining of economic and healthcare challenges amplifies the complexity of recovery efforts.

Healthcare Revenue Plunge: The pandemic has unleashed a significant blow to the healthcare sector, with reports indicating a staggering 50% to 70% drop in revenue from March onwards. This dramatic reduction in income has particularly impacted smaller healthcare facilities, including hospitals, clinics, and nursing homes, leading to closures and disruptions in essential healthcare services.

Operational Halts and Surgical Delays: The imperative of social distancing measures and localized curfews has resulted in the postponement of elective surgical procedures. The healthcare landscape, accustomed to providing timely interventions, now faces challenges in maintaining the regular flow of medical services. The backlog of delayed procedures poses a formidable task in the post-pandemic recovery phase.

Medical Tourism Stalled: Beyond local ramifications, the global nature of the pandemic has brought another dimension to the crisis. Visa cancellations, a consequence of the pandemic, have led to a hiatus in medical tourism. This cessation not only disrupts the revenue streams of healthcare providers but also casts a shadow on the anticipated growth in the healthcare services market, emphasizing the interconnectedness of global healthcare.

𝐏𝐫𝐞-𝐛𝐨𝐨𝐤 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰 : https://www.alliedmarketresearch.com/huber-needles-market/purchase-options

Design Elegance and Patient Comfort: The Huber Needles Market is witnessing a paradigm shift in design, emphasizing not only functionality but also patient comfort. Innovations in needle design are focused on reducing pain and discomfort during insertion, ensuring a smoother experience for patients undergoing intravenous therapies. The emphasis on design elegance is transforming Huber needles into instruments that prioritize both efficacy and patient well-being.

Advanced Infusion Technologies: The market is experiencing a surge in demand for Huber needles due to the rise of advanced infusion technologies. These needles are integral components in delivering medications, chemotherapy, and parenteral nutrition, with an emphasis on precision and reliability. As medical infusion therapies become more specialized, Huber needles are evolving to meet the intricate demands of these treatments.

Minimizing Complications with Safety Features: Safety is paramount in healthcare, and Huber needles are incorporating advanced safety features to minimize complications. From needlestick injuries to infection prevention, manufacturers are integrating innovations like safety caps and retractable designs. These features not only protect healthcare professionals but also enhance the overall safety profile of intravenous therapies.

𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐭𝐨 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐭𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 : https://www.alliedmarketresearch.com/purchase-enquiry/8750

Customization and Compatibility: One of the notable trends in the Huber Needles Market is the drive towards customization and compatibility. As healthcare providers seek tailored solutions for their patients, manufacturers are responding by offering Huber needles that are compatible with a variety of infusion sets and pumps. This trend ensures flexibility in treatment regimens, allowing healthcare professionals to choose the most suitable options for their patients.

In conclusion, "Piercing Precision" encapsulates the essence of the evolving Huber Needles Market. Beyond their functional role in medical infusion, these needles are becoming synonymous with precision, safety, and patient-centered care. As the market continues to innovate, we can anticipate a future where Huber needles not only meet but exceed the expectations of healthcare professionals, contributing to a more precise and patient-friendly landscape in medical infusion technologies.

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[report-1]

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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[sharvaricmi]

Safety needles are designed with safety features to avoid needlestick injuries when delivering drugs and collecting fluids from the body. Fine aspirating needles, biopsy needles, hypodermic needles, pen needles, suture needles, IV catheter needles, Huber needles, blood collection needles, spinal anaesthesia and epidural needles, prefilled needles, A.V. fistula needles, and cannula needles are all examples of safety needles.  Read more @ https://cmiinfoistic.blogspot.com/2022/04/the-ultimate-guide-to-safety-needles.html

[fostermarketarch]

Huber Needles Market Future Scope, Opportunities, Supply, Demand, Growth Prospects, Revenue 2025

The Huber 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 6.7% during the forecast period (2020-2025). Huber needles are hollow needles that have slant tip to form it easy to travel throw skin.

These needles are utilized in chemotherapy, drug delivery, transfusion, and blood sampling through the implanted port septum, which is surgically rooted into the skin. A huber needle is an alternative to other delivery systems used for infusion as they're used with patients that require repetitive vascular access and fluid therapy for the future and are specially designed to be used with implanted ports. Due to convenience and inherent advantages like decreased risk of infection, thrombosis, and ease of blood sampling a leading to huber needles market to witness a growth worldwide.

Key Insights:

Latest Updates

Analyst Views

Future Outlook of the Market

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Competitive Landscape:

Key players in huber needles market include B. Braun Medical, Smith Medical, Baxter International, NIPRO Medical Corporations, AngioDynamics, Novo Nordisk, Medtronic, Terumo Corporation, Hamilton syringes and Needles, Medsurg, BD Medical, Boston Scientific, Hi-Tech Medicare Devices and others.

Market players present globally are manufacturing advance Huber needles by taking considerations from hospitals and, in turn, strengthening their foothold in the market. For instance, in 2018, C.R. Bard manufactured SafeStep huber needles set with rotating needles head for maneuvering and positioning and small stable design, which is ideal for patient comfort and easy to dress.

Market Taxonomy:

By Product Type

Straight Huber Needles

Curved Huber Needles

By Application

Dialysis

Blood Transfusions

IV Cancer Treatment

Lap-band Adjustments

Home Parenteral Nutrition

Drug Delivery

Others

By End User

Hospitals

Clinics

Ambulatory surgical centers

Others

By Region

North America

Europe

Asia-Pacific

Latin America

Middle East and Africa

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Market Dynamics:

In recent times, an increasing number of people have found to be suffering from cancer, chronic renal diseases, and obesity across the globe. This has resulted in a rise in the delivery of chemotherapy fluids and medication fluids, thereby fueling the demand for huber needles. In addition, stringent government regulations regarding the reduction in needles stick injuries and ensure patient safety are some of the other important aspects expected to accelerate the growth of the overall market in the forecast period. On the other hand, the high cost of products and the lack of product innovations are projected to restrict the growth of the global huber needles market in the near future. In addition, the risk of contamination is likely to hamper the growth of the market.

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[newmarketplace]

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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[priyacmi]

Huber Needles Market – Insights

Huber needles are used for repetitive access to veins for blood withdrawal and infusion of medication, blood products, and nutritional solutions in conjunction with a port implanted in a chronically ill patient body. These needles are designed to pierce the port without dislodging it. Huber needles are widely used in hospitals, oncology centers, clinics and ambulatory surgical centers. These needles are specifically used for medication and nutrition infusion, blood withdrawal, and imaging solution infusion.

Statistics:

The global Huber needles market is estimated to account for US$ 66.1 Mn in terms of value and 51,270,030 Units in terms of volume by the end of 2027.

Global Huber Needles Market: Drivers

Increasing prevalence cancer is expected to boost growth of the global Huber needles market over the forecast period. For instance, according to the World Health Organization, around 18.1 million new cases and 9.6 million deaths were registered due to cancer worldwide in 2018.

Moreover, favorable reimbursement scenario for vascular access needles is also expected to aid in growth of the market. According to the Center of Medicare and Medicaid Services (CMS), reimbursement for chemotherapy administration procedures includes payment for supplies such as Huber needles, IV setup, butterfly set, gauze, syringes, and catheters. Items such as syringes and needles (including huber needles) are often reimbursed by commercial players.

North America region held dominant position in the global Huber needles market in 2019, accounting for 42.1% share in terms of value, followed by Europe.

Figure 1. Global Huber Needles Market Share (%), by Region, 2019

Global Huber Needles Market: Restraints

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.

IV Cancer Application segment in the global Huber needles market was valued at US$ 16.8 Mn in 2019 and is expected to reach US$ 29.4 Mn by 2027 at a CAGR of 7.2% during the forecast period.

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.

Moreover, high prevalence of HIV and blood-borne diseases has also led manufacturers to develop safe needles. For instance, according to Joint United Nations Program on HIV/AIDS, 37.9 million people globally were living with HIV at the end of 2018.   

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.

Major players in the market are focused on adopting various marketing strategies to expand their customer base. For instance, in February 2020, Baxter International Inc. presented at the 9th Annual SVB Leerink Global Healthcare Conference in New York, N.Y.

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).

Value Chain Analysis -

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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.

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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[kunalcmi]

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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[kdlmedtech]

Why IV Cannulas are Essential in Modern Healthcare

In modern healthcare, IV cannulas play a crucial role in delivering vital medications and fluids directly into the bloodstream. Their importance cannot be overstated, as they provide a quick and efficient way to administer treatment to patients in need. In this blog post, we will explore benefits of IV cannulas and why they are essential in medical care today.

What are the IV cannulas?

First things first, let’s talk about what IV cannula actually are. An IV cannula, short for intravenous cannula, is a small, flexible tube used to administer medications and fluids directly into a patient’s bloodstream. This important medical device is inserted into a vein to provide quick and efficient access for delivering essential treatments. Understanding the basics of IV cannula is crucial for healthcare professionals to ensure proper patient care and treatment outcomes.

The Importance of IV Cannulas in Modern Healthcare

IV cannula represent a cornerstone of modern healthcare delivery, embodying the intersection of innovation, efficacy, and patient-centered care. Their versatility, reliability, and safety make them indispensable tools for healthcare providers across diverse clinical specialties, facilitating optimal patient outcomes and fostering a culture of excellence in healthcare delivery. As medical technology continues to advance, IV cannulas will undoubtedly remain essential components of the therapeutic armamentarium, shaping the future of patient care for generations to come.

Benefits of IV Cannulas in Patient Care

One of the biggest benefits of IV cannula is their versatility. They can be used for a wide range of treatments, including hydration, medication administration, blood transfusions, chemotherapy and more. They also allow for continuous monitoring of a patient’s condition, making it easier for healthcare providers to adjust their treatment plan as needed. Explore our high-quality IV cannula – crafted by industry-leading manufacturers at KDL.

Advancements in IV Cannula Technology

Thanks to advancements in medical technology, Intravenous needle have come a long way in recent years. New materials and designs have made them more comfortable for patients and easier for healthcare providers to insert. This means less pain and fewer complications for everyone involved.

Read More : The Benefits of Using Huber Needles for Long-Term IV Therapy

The Role of IV Cannulas in Preventing Infections

Infection control is a top priority in healthcare settings, and it play a key role in preventing the spread of harmful bacteria. By using sterile techniques and regularly changing IV sites, healthcare providers can reduce the risk of infections and keep patients safe during treatment.

IV Cannulas in Emergency Situations

When every second counts, it can be a lifesaver. In emergency situations like trauma or cardiac arrest, quick access to a patient’s bloodstream can mean the difference between life and death. It allows for rapid administration of critical medications and fluids, giving patients the best chance at recovery.

Conclusion: The Future of IV Cannulas in Healthcare

In conclusion, the future of IV cannulas in healthcare looks promising with advancements in technology and materials. Healthcare providers can expect improved patient comfort, reduced infection rates, and increased efficiency in delivering intravenous therapy. As the healthcare industry continues to evolve, it plays a crucial role in enhancing patient care and outcomes. Stay informed and embrace the latest innovations to ensure optimal use of IV cannulas in the ever-changing landscape of healthcare.

Source : Why IV Cannulas are Essential in Modern Healthcare

[adwaitcoherent]

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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[sharvaricmi]

Everything You Need To Know About Safety Needles

Safety needles are designed with safety features to prevent needlestick injuries when administering drugs or collecting bodily fluids. Safety needles include fine aspirating needles, biopsy needles, hypodermic needles, pen needles, suture needles, IV catheter needles, Huber needles, blood collection needles, spinal anaesthesia and epidural needles, prefilled needles, A.V. fistula needles, and cannula needles.

Over the forecast period, the rising prevalence of gynecologic cancer and spine disorders is expected to drive growth in the global safety needles market. According to the Foundation for Women's Cancer, approximately 5,170 new cases of vaginal cancer are diagnosed in the United States each year. Furthermore, widespread use of prefilled syringes is expected to boost market growth. Prefilled syringes are commonly used to differentiate drugs that require parenteral injections. The growing awareness of the dangers of filling a syringe from a vial is expected to drive demand for prefilled safety needles. 

Read more @ https://cmiinfoistic.blogspot.com/2022/04/the-ultimate-guide-to-safety-needles.html

[fostermarketarch]

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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[priyankaganguly-blog]

Safety Needles Market – Analysis On Upcoming Demand 2025

Global Safety Needles Market: Snapshot

Safety needles can be characterized as an empty bore needle which is considered to decrease or lessen the likelihood of a skin cut harm to the specialist. Medication organization by safety needles not simply annuls the principle pass absorption of the medications through oral movement yet also saves the medication from pH changes, the enzymatic activity inside the patient's body making corruption to the pharmaceuticals, variable section time and side effects on account of medication metabolites. The sole motivation behind planning safety needles was to evade needlestick wounds while gathering liquids and conveying medications to the body.

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Needlestick wounds supported from debased needles can achieve pollutions from various dangerous blood-borne infections. The diverse government looked after norms, for instance, usage of OSHA's bloodborne pathogens models, Needles Exchange Program and Needlestick Safety and Prevention Act, execution are developing mindfulness among people in connection to illnesses inferable from using tainted needles, besides, this perspective is presumably going to drive the prerequisite for better quality safety needles. This rising awareness about NSIs among human services specialists (HCWs) will impel the development of the safety needles advertise in the district amid the anticipated period.

The key factor that fuels the growth of the global safety needles market is ascend in requirement for precise dose organization. Additionally, points of interest offered by the safety needles, for example, counteractive action of (changes in the pH and enzymatic movement) in drugs amid organization impel the market development.

Global Safety Needles Market: Overview

Demand for products capable of arresting the rising numbers and gravity of needlestick injuries has been the key factor to have helped the global safety needles market expand at a healthy pace in the recent years. Rising participation of manufacturers, healthcare organizations, and government and non-government bodies in activities and programs aimed at raising awareness regarding the safety hazards induced by reusable needles for patients as well as healthcare providers are expected to be the key factors driving the market in the near future.

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The market is also expected to be driven due to the rising use of prefilled syringes for a number of applications. As the number of pharmaceutical companies adopting prefilled syringes rises at a steady pace, the market for prefilled syringes, and consecutively that of safety needles is expected to rise in the near future. The market is also expected to benefit massively from the rising prevalence of a number of chronic diseases and infections and the resultant rise in demand for disease diagnosis and treatment activities.

Global Safety Needles Market: Segmentation

On the basis of distribution channels, the report segments the global safety needles market into private clinics, e-commerce sites, hospital pharmacies, and retail pharmacies and drug stores. Of these, the segment of hospital pharmacies is expected to account for the consumption of a lion’s share of the total number of safety needles sold across the globe over the report’s forecast period. The segment of private clinics is expected to expand at a healthy rate.

The key applications of safety needles covered in the report include drug delivery and sample collection. Of these, the segment of drug delivery presently accounts for the dominant share in the global market and is expected to retain its dominant stance over the forecast period, expanding at a healthy pace.

The report segments the global safety needle market on the basis of product type into fine aspirating needles, biopsy needles, pen needles, hypodermic needles, suture needles, blood collection needles, prefilled needles, IV catheter needles, epidural needles and spinal anesthesia needles, cannula needles, A.V. Fistula needles, blood collection needles, and Huber needles. Of these, the segment of hypodermic needles is presently the leading contributor of revenue to the global market. However, the segment of biopsy needles is expected to expand at the fastest pace over the forecast period.

Global Safety Needles Market: Regional and Competitive Dynamics

From a regional point of view, the report covers the market for safety needles for regions such as North America, Asia Pacific, Europe, Middle East and Africa, and Latin America. Presently, the markets in Europe and North America are among the most developed regional markets and are expected to remain the key contributors of revenue as well as new product varieties owing to the presence of some of the leading medical device companies in the regions. The market in Asia Pacific is expected to expand at a highly promising pace owing to rising awareness, stabilizing economies, rapid development of the healthcare industry, and rising prevalence of a number of chronic conditions.

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The market for safety needles has witnessed the entry of a large number of players in the past few years owing to the vast rise in demand globally. Some of the leading companies in the market are Smiths Medical, Medtronic, Terumo, Retractable Technologies, BD, Hamilton Syringes & Needles, B. Braun, International Medsurg Connection, C.R. Bard, MedPro Safety Products (MPSP), DeRoyal, Novo Nordisk, Ethicon Endo-Surgery, Simply Surgical, Nipro Medical, Hi-Tech Medicare Devices, International, Jiangxi Sanxin Medtec, VIGMED, Vita Needle Company, and Vygon.

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[elizabethmock1248-blog]

Huber Needle Market : Trends and Value Chain, Size 2016 - 2026

Global Huber Needle Market: Overview 

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. 

Global Huber Needle Market: Drivers and Restraints 

The tremendous rise in several deadly ailments such as chronic renal diseases, cancer, and obesity across the globe is one of the major factors that is predicted to fuel the growth of the global huber needle market in the next few years. In addition, stringent government regulations regarding the reduction in needle stick injuries and ensure patient safety are some of the other important aspects expected to accelerate the growth of the overall market in the forecast period. 

On the other hand, the high cost of products and the lack of product innovations are projected to restrict the growth of the global huber needle market in the near future. In addition, the risk of contamination is likely to hamper the growth of the market. Nonetheless, the emergence of favorable reimbursement policies of vascular access needles is estimated to generate lucrative and promising opportunities for prominent players operating in the global huber needle market. 

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Global Huber Needle Market: Region-wise Outlook 

The global huber needle market has been categorized on the basis of geography in order to offer a clear understanding of the market. The key regional segments of the market are the Middle East and Africa, Latin America, North America, Asia Pacific, and Europe. As per the research study, Europe and North America are projected to hold a substantial share of the global huber needle market. The high growth of these two regions can be attributed to the presence of a large number of players and the availability of advanced healthcare infrastructure. 

Furthermore, the Asia Pacific and Latin America huber needle markets are expected to witness a healthy growth rate in the next few years. The research study offers a detailed overview of every regional segment in order to guide the new entrants in making effective business decisions in the near future. Moreover, the share and size of each segment, along with the expected growth rate have been included in the scope of the research study. 

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Key Players Mentioned in the Research Report are: 

The global market for huber needles is growing at a healthy pace and is likely to witness a significant rise in the number of players in the global market. The leading players in the global market are making remarkable efforts to enhance their product portfolio in order to attract a large number of consumers across the globe. In addition, the technological advancements in this field are projected to encourage the growth of the overall market in the next few years. 

Some of the leading players operating in the huber needle market across the globe are B. Braun Medical Inc., Smiths Medical, Baxter International Inc., NIPRO Medical Corporations, C.R. Bard, Thiebaud S.A.S., AngioDynamics, Inc., Exel International, Inc., and Vygon S.A. To offer a clear understanding of the market, the research report offers an in-depth analysis of the competitive landscape and highlights the business strategies and policies that have been adopted by them to sustain in the global market.

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[blogresearchnester-blog]

Increasing Prevalence of Chronic Diseases is Projected to Propel the Growth of Huber Needles Market in Near Future

The global huber needles market is segmented into product type such as straight huber needles and curved huber needles. Among these segments, curved huber needles occupied the biggest segment in 2016 and it is expected to garner at a notable CAGR of 6.5% during the forecast period. Further, the growth of this segment is attributed to increasing number of population affected with chronic diseases. Moreover, favorable government initiates and funding to improve the healthcare infrastructure is also believed to foster the growth of huber needles market.

Global huber needles market is anticipated to account for a notable CAGR of 6.2% over the forecast period i.e. 2017-2024. Moreover, the global huber needles market is projected to reach at exponential revenue of USD 60 Million by the end of 2024. The market is expected to expand on the back of increasing prevalence of chronic diseases such as cancer and others.

Further, with 40.7% in 2016, application for cancer segment by application is projected to dominate the overall market of huber needles. In addition to this, growing number of chemotherapy patients is expected to fuel the demand for huber needles by the end of 2024. In terms of regional platform, North America region grabbed the biggest market of huber needles in 2016 aided by U.S. Moreover, substantial rise in the number of death due to chronic disease in this region is projected to flourish the growth huber needles market.

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Supportive Government Initiatives

Increasing government spending to develop the healthcare infrastructure on the back of positive GDP figure is believed to be the dynamic factor behind the rapid growth of huber needles market. Furthermore, rapid urbanization along with numerous reimbursement policies of the needles by the government is also predicted to intensify the growth of huber needles market.

Rising demand for safer needles

Rising number of deadly disease such as renal diseases, cancer and other blood related diseases are supplementing the demand for huber needles. Additionally, growing popularity of huber needles due to its safety and rising adoption of huber needles owing to minimize needle stick injuries are believed to bolster the market of huber needles by the end of 2024.

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On the contrary, high cost associated with huber needles and lack of awareness related with huber needles are expected to hamper the growth of huber needles market.

The report titled “Huber Needles Market: Global Demand Analysis & Opportunity Outlook 2024” delivers detailed overview of the global huber needles market in terms of market segmentation by product type, by application, By end user and by region.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

This report also provides the existing competitive scenario of some of the key players of the global huber needles market which includes company profiling of B. Braun Medical, Smith Medical, Baxter International, NIPRO Medical Corporations, C.R. Bard, Thiebaud, AngioDynamics, Exel International, Vygon S.A., Medsurg and Novo Nordsik. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global huber needles market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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