Huber Needles Market is Expected to Grow at a CAGR of 7.1% by 2024

New York, USA, 2018-Oct-31 — /EPR Network/ —According to Goldstein Research, meteoric rise of ailments like cancer, chronic renal diseases, and obesity are creating a massive opportunity for companies operating in the global Huber needles market, in addition, government regulations to ensure patient safety and to minimize needlestick injuries are expected to drive the growth of the global Huber needles market during the forecast period. These Huber needles are extensively used in chemotherapy, drug delivery, transfusion and blood sampling where patients need repetitive vascular access and fluid therapy for the long term.

Additionally, APAC is the fastest growing market and tends to grow at a CAGR of 8% over the forecast years owing to the significant increase in healthcare services spending along with rapid economic growth and increasing awareness about health issues.

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Market Segmentation

On the basis of our in-depth analysis, global Huber needles market can be segmented as follows:

By Product Type

  • Straight Huber Needles
  • Curved Huber Needles

By Application

  • Transfusion of Blood
  • Application for Cancer
  • Parental Nutrition
  • Others

By End Users

  • Hospitals
  • Clinics
  • Ambulatory surgical centers
  • Others

Based on Geography

  • North America (U.S. & Canada) Huber Needles Market {Market Share (%), Market Size(USD Billion)}
  • Latin America (Brazil, Mexico, Argentina & Rest of Latin America) Huber Needles Market {Market Share (%), Market Size(USD Billion)}
  • Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden &RoE) Huber Needles Market {Market Share (%), Market Size(USD Billion)}
  • Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) Huber Needles Market {Market Share (%), Market Size(USD Billion)}
  • Middle East & Africa (GCC, South Africa, North Africa, RoMEA) Huber Needles Market {Market Share (%), Market Size(USD Billion)}

“Global Huber Needles Market Outlook 2024” contains a detailed overview of the global Huber Needles market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by product type, by applications, and by end-users.

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Further, for the in-depth analysis, Global Huber Needles Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as B. Braun Medical, Smith Medical, Baxter International, NIPRO Medical Corporations, C.R. Bard, Thiebaud, AngioDynamics, Exel International, Vygon S.A., Medsurg, Novo Nordsik and Medtronic. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global huber needles market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players examining possibilities and other stakeholders to bring into line their market centric approaches according to the ongoing and expected trends in the future.

Key queries countered in this global Huber needles market report

  • What is the global Huber needles market size by 2024 and what would be the expected growth rate of sales?
  • What are the Huber needles market trends?
  • What are the dynamics which are driving this market?
  • What are the major barriers to Huber needles market growth?
  • Who are the prominent vendors in this market space?
  • What are the market prospects for the current and entry level players?

Syringes Market

According to Goldstein Research, major factors driving the market of syringe are increasing number of tests for diseases such as diabetes, arthritis, HIV, hepatitis, multiple sclerosis and malaria. The medical disposables market was approximately USD 225 billion in 2016, in which global syringe market will grow from USD 5 billion in 2016 to USD 14 billion by 2024 at a CAGR of 15 % over the forecast period i.e. 2016-2024.

Smart Syringes Market

Smart syringes market is expected to generate the revenue of USD 10.25 billion by 2024, registering a modest CAGR of around 10% over the forecast period. Global syringes market is expected to reach USD 20 billion by 2030 at a CAGR of 7.5% over the forecast period owing to increase in drug delivery, blood collection and vaccination procedures.

OTC Consumer Health Products Market

Analyst forecast the OTC consumer health product market size is set to reach USD 129.64 billion by 2025, at a CAGR of 3.1%  by 2025. The main driving factor of this market growth stems from prescription (Rx) drugs switching to OTC, especially in allergy care.

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts.

Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on healthcare industry analysis reports helping various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the rigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable for our clients’ needs and business agenda.

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