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Filter Needles Market Share, Trends, Growth, Analysis and Forecast 2023-2030

12-09-2023 09:59 AM CET | Health & Medicine

Press release from: Orion Market Research

Filter Needles Market Share, Trends, Growth, Analysis

The global filter needles market is anticipated to grow at a considerable CAGR of 7.4% during the forecast period (2023-2030). The growing cases of burn incidences around the globe are projected to boost the market growth. According to the World Health Organization (WHO), burns are a global public health problem, accounting for an estimated 180,000 fatalities per annuum. The majority of these occur in low- and middle-income countries and almost two thirds occur in the WHO African and South-East Asia regions. In addition to this, the non-fatal burns are a leading cause of morbidity, including prolonged hospitalization, disfigurement, and disability, often with resulting stigma and rejection.

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• In India, over 1 million people are moderately or severely burnt every year.
• Nearly 173,000 Bangladeshi children are moderately or severely burnt every year.
• In Bangladesh, Colombia, Egypt, and Pakistan, 17.0% of children with burns have a temporary disability and 18.0% have a permanent disability.
• Burns are the second most common injury in rural Nepal, accounting for 5.0% of disabilities.
• Children under 5 years of age in the WHO African Region have over 2 times the incidence of burn deaths than children under 5 years of age worldwide.
• Boys under 5 years of age living in low- and middle-income countries of the WHO Eastern Mediterranean Region are almost 2 times as likely to die from burns as boys living in the WHO European Region.
• In South Africa an estimated $26 million is spent annually for care of burns from kerosene (paraffin) cookstove incidents. Indirect costs such as lost wages, prolonged care for deformities and emotional trauma, and commitment of family resources, also contribute to the socioeconomic impact.

Market Coverage

• The market number available for - 2022-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o By Raw Material
o By End-User
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- including Becton, Dickinson, and Co., B. Braun SE, Cardinal Health, Inc., Medtronic plc, and others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Filter Needles Market Report Segment

By Raw Material

• Stainless Steel
• Glass

By End-User

• Hospitals and Clinics
• Ambulatory Surgery Centers

A full report of Filter Needles Market available @ https://www.omrglobal.com/industry-reports/filter-needles-market

Global Filter Needles Market Report Segment by Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa

Company Profiles

• ICU Medical Inc.
• MYCO Medical Supplies, Inc.
• Novo Nordisk Inc.
• Sentra Medical
• Sol-Millennium Medical Group
• Stryker Corp.
• Terumo Corp.
• Thermo Fisher Scientific Inc.
• Life-Assist, Inc.
• Medline Industries, LP
• Medical Warehouse, Inc.
• Shanghai Kohope Medical Devices Co., Ltd.
• VWR International, LLC

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

Read Our Other More Reports@ https://www.linkedin.com/pulse/artificial-retina-market-share-trends-future-outlook-arti-vishwakarma-7xwsc

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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