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U.S. Safety Needles Market Emerging Growth By Top Players Medtronic Plc., Becton, Dickinson and Company, Boston Scientific Corporation, Smith Medical, Abbott Laboratories, Argon Medical Devices, Inc., Novo Nordisk A/S

03-19-2021 08:51 AM CET | Health & Medicine

Press release from: Coherent Market Insights

U.S. Safety Needles Market

U.S. Safety Needles Market

Safety needles are designed for delivering drugs and collecting fluids from the body with safety features to avoid needle stick 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.

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The increasing technological advancements provide opportunity to the companies to produce products with better quality and less price, with the help of advanced manufacturing processes, companies are producing new products to address the market demand. For instance, in January 2017, a group of researchers in the Center for Nanoscale Bio photonics at the University of Adelaide developed a smart needle with fiber optic camera attached with the computer, enabling neurosurgeons in recognizing blood vessel. The product came into clinical trials in early 2018.

Moreover, key companies focusing on inorganic strategies such as merger and acquisitions to strengthen their positioning in the market. In January 2016, Medtronic Inc, a medical device company acquired Covidien Plc, a medical device company focusing on manufacturing of safety needles and safety syringes, with this acquisition, Medtronic Plc. acquired the Covidien Plc’s portfolio of safety products such as safety needles and services including other product lines of the Covidien Plc

U.S. Safety Needles Market - Impact of Coronavirus (Covid-19) Pandemic.

The COVID-19 pandemic has impacted each and every country throughout the world. According to the Coronavirus Disease (COVID-19) Epidemiological Update by the U.S. Department of Health & Human Services, the number of COVID-19 cases reported as of February 3, 2021 in the U.S. are 28.1 million active cases and recorded 4.99 millions of death due to coronavirus

Therefore, U.S. governments are taking various initiatives to combat the spread of COVID-19. For instance, in May 2020, the Centers for Disease Control and Prevention started working with the All-of-Government and All-of-America approach to increase testing capacity, improve case detection, and contact tracing across all the U.S. states and re-open the country

Moreover, the CDC is working with the state and local partners to define the circumstances where testing of asymptomatic people is likely to be helpful in controlling the pandemic. Furthermore, the CDC is supporting the improvement of current data infrastructure, and the development and integration of digital/technology solutions in various healthcare solutions in order to ensure timely and transparent communication with all citizens including daily new cases, hospitalizations, use of intensive care units (ICU), and mortality by country and/or zip code.

Furthermore, key companies are focusing on distributing of safety needles and safety syringes for the hospitals in the U.S. For instance, in January 2021, Becton, Dickson and Company, announced the distribution of 800 million syringes and needles (including safety needles) to the various hospitals conducting COVID-19 vaccination campaigns in the U.S.

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Key players operating in the U.S. 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 Corporation, B.Braun Melsungen AG, Revolutions Medical Corporation, Retractable Technologies, Inc., SOL-MILLENNUM, UltiMed, Inc., Axel Bio Corporation, Inc., Cardinal Health, Inc., Vygon S.A. and Gerresheimer AG

Detailed Segmentation:

By Product Type :
Fine Aspirating Needle
Biopsy Needle
Hypodermic Needle
Pen Needle
Suture Needle
IV Catheter Needle
Huber Needle
Blood Collection Needle
Spinal Anesthesia and Epidural Needle
Prefilled Syringe Needle
A.V. Fistula Needle
Cannula Needle
Retractable Syringes

By Application :
Sample Collection
Drug Delivery

By End User :
Hospitals
Physician Offices
Nursing Home
Dental Laboratories
Diagnostic Centers
Ambulatory Surgical Centers
Homecare Settings
Others

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About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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