openPR Logo
Press release

Global Special Purpose Needles Market Research Report

09-14-2017 12:07 PM CET | Health & Medicine

Press release from: MarketResearchReports.biz

Latest industry research report on: Global Special Purpose Needles Market | Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts

Special purpose needles are used in target specific drug deliveries or collection of samples such as fluid and cells from organs or lumps and are available in the market with various advanced features, shapes, and sizes. The global market for special purpose needles is showing a steady growth owing to an increasing geriatric population. In terms of revenue, the global special purpose needles market is projected to expand at a CAGR of 7.4% during the forecast period (20162026) and is expected to be valued at US$ 17,261.5 million by the end of 2026.

Complete Report Details @https://www.marketresearchreports.biz/reports/1287829/special-purpose-needles-global-industry-market-research-reports

The global special purpose needles market can be segmented on the basis of product type (Fine Aspirating Needles, Biopsy Needles, Hypodermic Needles, Pen Needles, Suture Needles, IV Catheter Needles, Implantation Needles, Dental Needles, Ophthalmic Needles, Blood Collection Needles, Spinal Anaesthesia Needles, Epidural Needles, AV Fistula Needles, Cannula Needles); application (Sample Collection, Drug Delivery); and distribution channel (Hospital Pharmacies,Private Clinics, Retail Pharmacies and Drug Stores, E-Commerce). The Hypodermic Needles product type segment and the Drug Delivery application segment are projected to dominate the global special purpose needles market in terms of value. The Hospital Pharmacies distribution channel segment is expected to hold maximum share of the global special purpose needles market.

Request For Sample Report @ https://www.marketresearchreports.biz/sample/sample/1287829

Key market dynamics

Increasing prevalence of diabetes and infectious diseases and increasing incidence of cancer and spine disorders across the globe are the primary factors driving the growth of the global special purpose needles market. Growing government regulations on the use of safety needles, increasing focus on advanced healthcare systems, joint efforts by supply chain executives to increase efficiency, and rising government support in developed economies is creating high potential growth opportunities for players operating in the global special purpose needles market. However, high costs associated with special purpose needles, an increasing awareness of needle-free injection technology, and product recalls due to low quality are some of the factors likely to impede growth of the special purpose needles market over the forecast period.

The global special purpose needles market is likely to witness some key trends in the next 10 years. There is an increasing collaboration between the government and private medical companies to raise awareness among patients regarding the unsafe use of reusable needles. Companies are also directing their efforts towards the production of user-friendly safety needles to prevent needle injuries that are the main cause of a rising prevalence of HIV and other blood borne diseases.

View Sample PDF @ https://www.marketresearchreports.biz/reports/1287829/special-purpose-needles-global-industry-market-research-reports.pdf

Regional market projections

The global special purpose needles market is segmented into seven main regions North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan, and Middle East & Africa (MEA). In terms of value, North America is expected to be the dominant regional market by the end of 2016 and is expected to reach a market valuation of US$ 5,506.7 Mn by the end of 2026, registering a CAGR of 8.2% over the forecast period. APEJ is expected to be the fastest growing market in terms of revenue growth in the global special purpose needles market, registering a CAGR of 7.7% over the forecast period. The APEJ market is anticipated to reach US$ 2,383.1 Mn by the end of 2026. The markets in North America, Western Europe, and APEJ are estimated to collectively hold 74.7% market share of the global special purpose needles market in 2016.

Have Any Query? Ask Our Expert @ https://www.marketresearchreports.biz/sample/enquiryBuy/1287829

Leading market players

Medtronic, B. Braun Melsungen AG, Becton, Dickinson and Company, Terumo Corporation, Smiths Medical, Boston Scientific Corporation, Novo Nordisk A/S, Argon Medical Devices, Inc., Stryker Corporation, NIPRO Medical Corporation, Cook Medical, and SERAG-WIESSNER GmbH & Co. are some of the major players operating in the global special purpose needles market.

About us

MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.

Contact Us

State Tower

90 State Street, Suite 700

Albany, NY 12207

United States

Tel: +1-518-621-2074

Website: http://www.marketresearchreports.biz/

Email: sales@marketresearchreports.biz

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Special Purpose Needles Market Research Report here

News-ID: 716813 • Views: 151

More Releases from MarketResearchReports.biz

Hydro-flyers Market: Moving Towards a Brighter Future
A hydro-flyer is an adventure sporting device which uses the propulsion of water jet technology to create continuous flight movement, where the lift and movement are controlled by the flyer. Hydro-flyers sporting devices make use of the flow of water power to drive the flyer to reach soaring heights. The rise in water sporting facilities is one of the major factors that promote the growth and demand for hydro-flyers in
Outdoor Floodlights: Technology and Market Dynamics
Outdoor floodlights is a reliable, highly efficient, and economical solution for a wide range of outdoor applications. These lights are resistant to temperature fluctuations and they remain stable even in extreme climatic conditions. Unlike the traditional lights, floodlights remain stable and functional even in harsh climatic conditions. This makes them ideal for use in any climate and any outdoor application. Outdoor floodlights save a significant amount of energy and consume
Snow Helmets Market Future Prospects and Regional Outlook
Riders are riding faster and getting bolder day by day. Hence, safety equipment need to be updated as per the requirement and changing time. Earlier, helmets were primarily used by extreme skiers and racers. They were used only on slopes. However, later, the use of helmets was made compulsory. Earlier, bulky black helmets were used by riders, which are outdated at present. Currently, new stylish helmets that can match with
Predictions for 2019: Global Sparkling Water Dispensers Industry Is Set to Boom
Sparkling water dispensers are equipment used for dispensing carbonated water. These dispensers mix the still, filtered water with carbon dioxide before dispensing. Sparkling water dispensers are mostly used in households and commercial establishments such as amusement parks, hotels, restaurants, and sports arenas. A sparkling water dispenser has separate outlets for hot water and cold water. The hot water outlet does not require a separate filtration process. However, cold water is

All 5 Releases