Huber Needles Market To Rear Excessive Growth During 2020 And Forecast 2025
The Huber Needles Market was valued at US$ xx million in the year 2019. This market is estimated to be valued at US$ xx million in the year 2020 and is expected to reach US$ xx million by the year 2025, with an estimated CAGR of 6.7% during the forecast period (2020-2025). Huber needles are hollow needles that have slant tip to form it easy to travel throw skin.
These needles are utilized in chemotherapy, drug delivery, transfusion, and blood sampling through the implanted port septum, which is surgically rooted into the skin. A huber needle is an alternative to other delivery systems used for infusion as they're used with patients that require repetitive vascular access and fluid therapy for the future and are specially designed to be used with implanted ports. Due to convenience and inherent advantages like decreased risk of infection, thrombosis, and ease of blood sampling a leading to huber needles market to witness a growth worldwide.
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Future Outlook of the Market
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Competitive Landscape:
Key players in huber needles market include B. Braun Medical, Smith Medical, Baxter International, NIPRO Medical Corporations, AngioDynamics, Novo Nordisk, Medtronic, Terumo Corporation, Hamilton syringes and Needles, Medsurg, BD Medical, Boston Scientific, Hi-Tech Medicare Devices and others.
Market players present globally are manufacturing advance Huber needles by taking considerations from hospitals and, in turn, strengthening their foothold in the market. For instance, in 2018, C.R. Bard manufactured SafeStep huber needles set with rotating needles head for maneuvering and positioning and small stable design, which is ideal for patient comfort and easy to dress.
Market Taxonomy:
By Product Type
Straight Huber Needles
Curved Huber Needles
By Application
Dialysis
Blood Transfusions
IV Cancer Treatment
Lap-band Adjustments
Home Parenteral Nutrition
Drug Delivery
Others
By End User
Hospitals
Clinics
Ambulatory surgical centers
Others
By Region
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
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Market Dynamics:
In recent times, an increasing number of people have found to be suffering from cancer, chronic renal diseases, and obesity across the globe. This has resulted in a rise in the delivery of chemotherapy fluids and medication fluids, thereby fueling the demand for huber needles. In addition, stringent government regulations regarding the reduction in needles stick injuries and ensure patient safety are some of the other important aspects expected to accelerate the growth of the overall market in the forecast period. On the other hand, the high cost of products and the lack of product innovations are projected to restrict the growth of the global huber needles market in the near future. In addition, the risk of contamination is likely to hamper the growth of the market.
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