HUBER NEEDLES MARKET ANALYSIS | Coherent Market Insights

1
Coherent Marketing Insights

• Market Research Business Consulting Services

• https//www.coherentmarketinsights.com/

• Covid-19 Impact Tracker

2

• HUBER NEEDLES MARKET ANALYSIS
• Huber Needles Market, Product Type (Curved Huber
  Needles, Straight Huber Needles), By Application
  (Dialysis, Blood Transfusions, IV Cancer
  Application, Lap-band Adjustments, Home
  Parenteral Nutrition, Others), By End User
  (Hospitals, Oncology Centers, Clinics, Ambulatory
  Surgical Centers, Home Care Settings), and By
  Region (North America, Latin America, Europe,
  Asia Pacific, Middle East Africa) - Size,
  Share, Outlook, and Opportunity Analysis, 2019 -
  2027

3

• Huber needles are used for repetitive access to
  veins for blood withdrawal and infusion of
  medication, blood products, and nutritional
  solutions in conjunction with a port implanted in
  a chronically ill patient body. These needles are
  designed to pierce the port without dislodging
  it. Huber needles are widely used in hospitals,
  oncology centers, clinics and ambulatory surgical
  centers. These needles are specifically used for
  medication and nutrition infusion, blood
  withdrawal, and imaging solution infusion.
• Statistics
• The global Huber needles market is estimated to
  account for US 66.1 Mn in terms of value and
  51,270,030 Units in terms of volume by the end of
  2027.

4

• Global Huber Needles Market Drivers
• Increasing prevalence cancer is expected to boost
  growth of the global Huber needles market over
  the forecast period. For instance, according to
  the World Health Organization, around 18.1
  million new cases and 9.6 million deaths were
  registered due to cancer worldwide in 2018.
• Moreover, favorable reimbursement scenario for
  vascular access needles is also expected to aid
  in growth of the market. According to the Center
  of Medicare and Medicaid Services (CMS),
  reimbursement for chemotherapy administration
  procedures includes payment for supplies such as
  Huber needles, IV setup, butterfly set, gauze,
  syringes, and catheters. Items such as syringes
  and needles (including huber needles) are often
  reimbursed by commercial players.

5

• Figure 1. Global Huber Needles Market Share (),
  by Region, 2019

6
Market Trends/Key Takeaways

• Increasing focus on reducing needle stick
  injuries has led companies to develop and
  introduce various needles with enhanced safety
  features in the market. Products with advanced
  features such as self-retracting needles and
  needles with safety locking are gaining traction
  among healthcare professionals and patients.
• Moreover, high prevalence of HIV and blood-borne
  diseases has also led manufacturers to develop
  safe needles. For instance, according to Joint
  United Nations Program on HIV/AIDS, 37.9 million
  people globally were living with HIV at the end
  of 2018.
• Increasing prevalence of end-stage renal disease
  is expected to boost growth of the global Huber
  needles market. For instance, according to
  November 2019 data of National Center for
  Biotechnology Information, the prevalence of
  end-stage renal disease is rising at a stable
  number of about 20,000 cases per year.

7
Regulations

• U.S.
• The U.S. FDA authorizes the use of Huber needles
  for long term medication infusion and blood
  withdrawal
• Huber needles are type of safety vascular access
  needles that fall under class II with special
  controls. However, companies need a premarket
  approval before commercializing the device.
• FDA mandates performance tests for stiffness,
  bending breakage, corrosive resistance and
  elasticity of Huber needles
• Huber needle manufacturers are expected to submit
  performance tests in investigational device
  exemption applications (IDEs) and premarket
  approval applications (PMAs) to support the
  safety and effectiveness of Huber needles. These
  devices require a premarket approval (PMA)
  application before marketing and
  commercialization.
• According to FDA, the basic structure of Huber
  needle contains needle, needle cap and needle
  hub. These needles are either straight type
  available in gauges 19, 20, and 22, and length
  1 to 1-1/2 or bent 90 degree angle available
  in gauges 19, 20, and 22, and length 1 to
  1-1/2
• FDA has set few standard guideline in order to
  meet the safety requirement. These devices falls
  under the category of class II devices (Special
  Controls) or Class III (PMA).

8
Value Chain Analysis -

9
Global Huber Needles Market Competitive
Landscape

• Major players operating in the global Huber
  Needles market include, Baxter International
  Inc., B. Braun Medical Inc., Smiths Medical,
  NIPRO Medical Corporation, AngioDynamics, Inc.,
  and C. R. Bard, Inc.
• Global Huber Needles Market Key Developments
• Major players in the market are focused on
  adopting MA strategies to expand their product
  portfolio. For instance, in February 2019, B.
  Braun Medical Inc. acquired Medisystems
  Streamline Bloodlines business that includes the
  Streamline Bloodline for the Dialog hemodialysis
  system, Streamline Bloodline for the Fresenius
  Medical Care hemodialysis system, and Streamline
  Bloodline Long for the Fresenius Medical Care
  hemodialysis system.

10

• Request Sample Report
• Request Customization
• Download PDF Brochure
• Talk to Analyst
• Referance https//www.coherentmarketinsights.com/
  market-insight/huber-needles-market-3648

11
About Us

• Coherent Market Insights is a global market
  intelligence and consulting organization focused
  on assisting our plethora of clients achieve
  transformational growth by helping them make
  critical business decisions. We are headquartered
  in India, having office at global financial
  capital in the U.S. Our client base includes
  players from across all business verticals in
  over 150 countries worldwide.
• What We ProvideCustomized Market Research
  AnalysisIndustry Analysis ServicesBusiness
  Consulting ServicesLong Term Engagement
  ModelCountry Specific Analysis

12
Contact Us

• Mr. Shah
• Coherent Market Insights Pvt. LTD.Coherent
  Market Insights 1001 4th Ave, 3200 Seattle, WA
  98154, U.S.Phone [phone]
• Email sales_at_coherentmarketinsights.com

13
Thank You

• Kindly Follow CMI Social Media Profiles for the
  latest Company Updates.
• Facebook
• Linkedin
• Twitter
• https//www.coherentmarketinsights.com/