Special Purpose Needles Market

1
Special Purpose Needles Market

• Global Scenario, Market Size, Outlook, Trend, and
  Forecast, 2020 2030

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The Global Special Purpose Needles Market was
valued at US 10.44 billion in 2021 and is
predictable to reach US 22.01 billion by 2030
which is projected to attain a CAGR of 8.6
during the forecast period from 2021-
2030.Needles are referred as a device made up
of metal, glass, or rubber tubes used for
delivering drugs and collecting fluids from the
body. Special purpose needles are designed to
avert the accidental spread of disease and permit
the reuse of needles by nullifying the spread of
the diseases and minimizing the immense wastage
of needles and syringes.
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• Rising demand is attributed to the occurrence of
  chronic disorders and demand for safer quality
  healthcare facilities which are expected to
  augment the market growth for special purpose
  needles in the upcoming years. A report published
  by CDC states that around (62 88) of
  accidental needlestick infections can be
  eliminated by the usage of safety needles.
  Further, the widespread demand for prefilled
  syringes is boosting sales owing to its easier
  delivery of drug delivery. Increasing regulations
  by the government for focusing on advanced
  healthcare systems, prevention of
  hospital-acquired infections, and improvement of
  healthcare infrastructure are creating a huge
  probability for the key players in the
  advancement of product designs. Over the past
  years, the needles technology has been improved
  are redesigned to improve control, smoother
  penetration with less tissue displacement,
  accuracy, and light insertion force.
• However, increasing demand for the latest types
  of needles such as needle-free injection and
  microneedle technology is expected to hinder the
  global special purpose needle market. In
  addition, the absence of skilled professionals
  and knowledge acts as a barrier for the market
  growth. Furthermore, increasing healthcare
  expenditure, easy availability of cost-effective
  advanced needles, and rising consciousness
  among the patients are anticipated to fuel the
  market growth during the forecast period.

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• The Global Special Purpose Needles Market is
  segmented by product type, application,
  distribution channel, and region. Based on
  product type, it is categorized into Biopsy
  Needles, Pen Needles, IV Catheter Needles, Dental
  Needles, Blood Collection Needles, Epidural
  Needles, Cannula Needles, Fine Aspirating
  Needles, Hypodermic Needles, Suture Needles,
  Implantation Needles, Ophthalmic Needles, Spinal
  Anaesthesia Needles, and AV Fistula Needles. By
  application, it bifurcates into drug delivery and
  sample collection. Distribution channel of
  special purpose needles are bifurcated into
  private clinics, e-Commerce, hospital pharmacies,
  retail pharmacies drug stores. Based on
  regional insights, the global special purpose
  market is categorized into North America (US,
  Canada, Mexico, Rest of America), Asia Pacific
  (India, China, Rest of Asia Pacific), Europe (UK,
  Germany, Russia, Rest of Europe) and Rest of the
  world (Latin America and Middle East Africa).
• North America is expected to witness significant
  growth during the forecast period owing to the
  presence of advanced medical infrastructure and
  increasing awareness among the consumers
  regarding infection spread from the needles. Such
  reasons are projected to augment the market
  growth in the upcoming years.
• Asia Pacific region is expected to deliver
  significant growth owing to the increasing
  geriatric population in the region with rising
  cases of diseases, rapidly evolving healthcare
  facilities government support to boost the
  healthcare system, emphasis on high-quality
  product offering to the patients, huge RD
  investments.

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• Prominent players inducing the Global Special
  Purpose Needles Market are Boston Scientific
  Corporation, Becton, Stryker Corporation,
  Dickinson and Company, B. Braun Melsungen AG,
  Medtronic Plc., Novo Nordisk A/S, Cook Medical,
  SERAG-WIESSNER GmbH Co., Terumo Corporation,
  NIPRO Medical Corporation, Argon Medical Devices
  Inc., and Smiths Medical among others.

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Segmentation and Scope of the Global Special
Purpose Needles MarketGlobal Special Purpose
Needles Market is segmented by product type,
application, distribution channel, and region.

• By Product Type
• Biopsy Needles
• Pen Needles
• IV Catheter Needles
• Dental Needles
• Blood Collection Needles
• Epidural Needles
• Cannula Needles

Fine Aspirating Needles Hypodermic Needles Suture
Needles Implantation Needles Ophthalmic
Needles Spinal Anaesthesia Needles AV Fistula
Needles
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• By Application
• Drug Delivery
• Sample Collection
• By Distribution Channel
• Private Clinics
• E-Commerce
• Hospital Pharmacies
• Retail Pharmacies Drug Stores

• By Region
• North America
• US
• Canada
• Mexico
• Europe
• UK
• Germany
• Russia
• Spain
• Italy
• Rest of Europe

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• Asia Pacific
• India
• China
• Japan
• Australia
• South Korea
• Rest of Asia Pacific
• Rest of World

Middle East Africa Saudi Arabia South
Africa Rest of Middle East Africa Latin
America Argentina Brazil Rest of Latin America
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Prominent players in the Global Special Purpose
Needles Market among other includes

• Boston Scientific Corporation
• Becton
• Stryker Corporation
• Dickinson and Company
• B. Braun Melsungen AG
• Medtronic Plc.
• Novo Nordisk A/S
• Cook Medical

SERAG-WIESSNER GmbH Co. Terumo
Corporation NIPRO Medical Corporation Argon
Medical Devices Inc. Smiths Medical
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