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High Flow Needle Sets Global Market Report 2024 - By Size, Share, Demand And Industry Growth, Forecast To 2033

07-16-2024 07:02 AM CET | Health & Medicine

Press release from: The Business research company

High Flow Needle Sets Market

High Flow Needle Sets Market

"The new report published by The Business Research Company, titled ""High Flow Needle Sets Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the high flow needle sets market size has grown strongly in recent years. It will grow from $1.07 billion in 2023 to $1.16 billion in 2024 at a compound annual growth rate (CAGR) of 9.3%. The high flow needle sets market size is expected to see strong growth in the next few years. It will grow to $1.67 billion in 2028 at a compound annual growth rate (CAGR) of 9.4%.

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Increasing Number Of Surgical Procedures Fuels Growth In The High Flow Needle Sets Market
The rising number of surgical procedures is expected to propel the growth of the high-flow needle set market going forward. Surgical procedures are medical operations involving the manual and instrumental techniques performed by a surgeon to diagnose, treat, or repair tissues or organs, often aimed at improving a patient's health or bodily function. The rising number of surgical procedures can be attributed to factors such as an aging population, advancements in medical technology, the increasing prevalence of chronic diseases, improved access to healthcare, and the greater availability of minimally invasive surgical techniques. High-flow needle sets are used in surgical procedures to facilitate rapid administration of fluids, medications, or blood products directly into the bloodstream, ensuring efficient and effective patient management during surgery. For instance, in April 2022, according to a report published by the Aesthetic Society, a US-based organization of board-certified plastic surgeons, surgical procedures saw a 54% increase, with an average of 320 surgical procedures performed by plastic surgeons in 2021. Therefore, the rising number of surgical procedures is driving the growth of the high-flow needle set market.

Development Of Portable Syringe Infusion Systems in the High Flow Needle Sets Market
Major companies operating in the high flow needle sets market are developing portable syringe infusion systems to enhance patient mobility and improve ease of use. Portable syringe infusion systems deliver fluids or medications to patients in a controlled manner, over an extended period. For instance, in October 2021, Koru Medical Systems, a US-based medical device manufacturing company received premarket notification for FreedomEdge Syringe Infusion System, a portable syringe infusion system, designed for subcutaneous administration, accommodating 20 ml or 30 ml syringes. The system is designed to provide precise and controlled dosing, offering flexibility in dosing schedules while ensuring safe and effective administration of medications .

The high flow needle sets market covered in this report is segmented -
1) By Product Type: 26 Gauge High Flow Needle Sets, 24 Gauge High Flow Needle Sets
2) By Volume Or Capacity: High Flow Needle Sets Less-than () 100ml
3) By Material: Stainless Steel High Flow Needle Sets, Polycarbonate High Flow Needle Sets
4) By End Use: Hospitals, Ambulatory Surgical Centers, Diagnostic Centers, Other End-Users

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Major companies operating in the high flow needle sets market are Cardinal Health Inc., Thermo Fisher Scientific Inc., Fresenius Medical Care AG & Co. KGaA, Becton Dickinson and Company, Baxter International Inc., Medline Industries Inc., Terumo Corporation, Nipro Corporation, Smiths Group plc., Teleflex Incorporated, B. Braun Medical Inc., ICU Medical Inc., Concordance Healthcare Solutions, Retractable Technologies Inc., Recorders & Medicare Systems P Ltd., Right Way Medical., KORU Medical Systems, TradeMed, Alpha Medicare & Devices Pvt. Ltd, AmDel, George Philips Medical Engineering Pvt. Ltd, Mediwide Sdn Bhd, Norfolk Medical, RMS Medical Products, Wolf-Pak

Contents of the report:
1. Executive Summary
2. High Flow Needle Sets Market Report Structure
3. High Flow Needle Sets Market Trends And Strategies
4. High Flow Needle Sets Market - Macro Economic Scenario
5. High Flow Needle Sets Market Size And Growth
…..
27. High Flow Needle Sets Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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