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Huber Needles Market - Growth, Future Prospects, And Competitive Analysis, 2018-2026

Overview:

Huber needles find wide application in blood transfusions, chemotherapy, drug delivery, parenteral nutrition, surgical procedures such as angioplasty and diagnostic procedures such as contrast CT scans. Therefore wide application areas predominantly drive the Huber needles market globally. Growing prevalence of cancer across the globe increases the rate of chemotherapy administration, indicating higher demand for Huber needles. As per the International Agency for Research on Cancer (IARC), cancer is expected to increase to 21.7 million by 2030. With increasing prevalence of infectious diseases across the globe, number of blood transfusions have also risen. The rate of blood donations have also increased with growing awareness on need for blood and blood products, and rising willingness of people to donate. The World Health Organization (WHO) states that around 112.5 million blood donations were carried out globally, as per 2017 review.

Advancement in diagnostic techniques has also contributed to the lucrativeness of Huber needles segment. For instance, contrast CT scans require injecting of special intravenous contrast dye. The number of such diagnostic tests keeps on increasing with growing prevalence of cancer and chronic diseases, thus contributing to the overall market growth. Manufacturers are continuously carrying out research activities in developing advanced products catering to patient’s safety requirements. Introduction by the Food and Drug Administration (FDA) of anti-coring test for Huber needles ensures patient safety thus further raising its demand.

Of the product types available in the market such as, straight and curved Huber needles, curved Huber needles are said to highlight potential market growth during the forecast period. They are utilised to deliver parenteral nutrition, medications and in certain chemotherapy regimens. Curved Huber needles can be left in injected place for few days, therefore without requiring periodic change as seen in straight Huber needles.

North America is likely to emerge as dominant regional market owing to rise in prevalence of cancer, chronic diseases and blood donations. Additionally, growth in diagnosis rate, developed healthcare infrastructure and provision of reimbursement for needles contribute to the overall market growth. However, rising cost of Huber needles, and the risk of coring and contamination leading to infections could have a negative impact on the overall market growth.

The Global Huber Needles Market is segmented as follows:

  • By Product Type
    • Straight Huber Needles
    • Curved Huber Needles
  • By Application
    • Blood Transfusion
    • Chemotherapy
    • Parenteral Nutrition
    • Drug Delivery
    • Others (Surgical Procedure and Diagnostic Procedures)
  • By End Users
    • Hospitals
    • Clinics
    • Ambulatory Surgical Centers
  • By Geography
    • North America
      • U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • Rest of Europe
    • Asia Pacific
      • Japan
      • China
      • Rest of Asia Pacific
    • Latin America
      • Brazil
      • Mexico
      • Rest of Latin America
    • Middle East & Africa
      • GCC
      • Rest of Middle East & Africa

Global market outreach and key players:

The Huber needles market comprises a competitive pool of many market leaders. Huber needles are globally available with presence of multiple manufacturers across geographies. Key players having vast market outreach are AngioDynamics, Inc., Baxter International Inc., B. Braun Medical Inc., C.R. Bard, Inc., Exel International, Inc., NIPRO Medical Corporations, Thiebaud S.A.S., Smiths Medical, Inc., and Vygon S.A.

This report offers:

  • An overview of the global huber needles market
  • Market dynamics and trend analysis for the duration 2016 to 2026, along with historical market information for the year 2016 and annual growth rates for the time scale from 2018 to 2026
  • A thorough market analysis and evaluation for each market segment
  • Qualitative assessments for the huber needles market pertaining to market drivers, restraints and opportunities
  • A comprehensive information regarding the existing products and newer advanced upcoming products in the market
  • An overview of market leaders with each company profile underlining key information such as financial performance, product portfolio, market trends of their products and general company information
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