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Special Purpose Needle Market Report


Company Analysis, History and Future Overview, Global Sales Trends by 2025


Published Date: 2020-02-07   |   Pages: Ongoing   |   Tables: Ongoing   |  Report ID: 8307 |  Industry: Life Science  |   Format : pdf word ppt excel



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The global special purpose needle market is anticipated to gain growth with increasing diagnosis and treatment of tumor, cancer, diabetes, and other chronic diseases. Special purpose needle is widely used in key applications such as drug delivery and blood and sample collection.

High Use of Breast Biopsy to Rule Out or Diagnose Breast Cancer Likely to Increase Demand

Special purpose needles such as hypodermic safety needle are frequently used in intramuscular injection, subcutaneous injection, intravenous injection, fine needle aspiration, and blood sampling. Besides North America, Asia Pacific is expected to create strong demand for special purpose needle due to the high prevalence of diabetes, spine conditions, and certain types of cancer. Rising number of needle breast biopsy and core needle biopsy procedures for tumor or cancer diagnostic purposes could also augment the demand for special purpose needle.

The global special purpose needle market is predicted to benefit from the introduction of new products with safety locking, self-retracting, and other advanced features. Furthermore, the development of biodegradable and pain-free special purpose needles could help improve the global sales growth.

Market Segments

By Application

 Oral

 Reproductive

 Skin Disease

By Type

 Reuse Needle

 Disposable Needle

By End User

 Hospitals

 Ambulatory Surgical Centers

The demand for disposable needle is expected to grow in the global special purpose needle market as the research and development of new injectable drugs continues to increase. Moreover, the rising threat of deadly, highly contagious viruses such as coronavirus could further increase the use of disposable special purpose needle. Among end users, hospitals are anticipated to collect a substantial share of the global special purpose needle market due to the growing prevalence of chronic diseases resulting into increased hospital admissions and patient population.

By Region

world_regions

North America is anticipated to secure a commanding share of the global special purpose needle market on the back of the presence of key players and development of technologically sophisticated medical equipment such as needle systems. High number of gynecologic cancer cases in the US could be one of the significant factors increasing the requirement for special purpose needle in the region. According to the American Cancer Society’s Cancer Facts and Figures 2020 report, there are over 300,000 new cases of genital system cancer estimated to be reported in the US during the year.

New Agreements with Healthcare and Service Providers Expected to Improve Market Share

Leading manufacturers operating in the global special purpose needle market are Medtronic, Serag-Wiessner GmbH & Co., B. Braun Melsungen AG, Cook Medical, Becton, Dickinson and Company, Nipro Medical Corporation, Terumo Corporation, Stryker Corporation, Smiths Medical, Argon Medical Devices, Inc., Novo Nordisk A/S, and Boston Scientific Corporation. Special purpose needle manufacturers are expected to enter into agreements with healthcare companies and providers of clinical, operational, and financial solutions to healthcare organizations. Effective through July 2022, a 2019 contract with Sharp Fluidics allows Intalere to benefit from Sharp Fluidics’ innovative suture needle management system Operative Armour.

Life sciences is a wide branch of study that is gradually becoming an integral industry to the global economics. QYR Consulting looks at the steady transformation of the life sciences industry and its impact on the subindustries such as medical care, pharmaceutical, and medical devices. Our team of esteemed analysts have put together reports to analyze the monumental changes life sciences is expected to bring in the overall healthcare industry. These reports identify the exact turning points for the industry and open up a platform for discussing its growth.

QYR Consulting brings to you a structured analysis of the technological advancements so far, vision of the players in the industry, and the strategies they are likely to use to make their mark. The reports dissect various components of the life sciences industry to scrutinize the influential factors. To help the readers make profitable business decisions, analysts have highlighted the lucrative investment areas and upcoming business opportunities.

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Why QYR Consulting?


We are committed to delivering the best solutions and we offer a 24*7 helpline.


We promise superior quality of authenticated data.


We offer help and advice across varying time zones.


We boast a strong team of experienced analysts.


We have an exhaustive repository of published reports.


Read More

Contact us Directly

USA
 +1 626 428 8800

India
  +91 20 67104444

Beijing
  +86 108 294 5717

For Enquiry : sales@qyrconsulting.com

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Why QYR Consulting?


We are committed to delivering the best solutions and we offer a 24*7 helpline.


We promise superior quality of authenticated data.


We offer help and advice across varying time zones.


We boast a strong team of experienced analysts.


We have an exhaustive repository of published reports.


Read More

Contact us Directly

USA
 +1 626 428 8800

India
  +91 20 67104444

Beijing
  +86 108 294 5717

For Enquiry : sales@qyrconsulting.com

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NOTE - The analysis, thoughts, views, facts, and opinions expressed in this report are of the respective research analysts. QYR Consulting does not necessarily endorse it or it is also not essentially formal views of QYR Consulting.



Special Purpose Needle Market Report