For the delivery of drugs and the collection of bodily fluid samples, special purpose needles are created. Fine aspirating needles, biopsy needles, hypodermic needles, pen needles, suture needles, IV catheter needles, implantation needles, dental needles, ophthalmic needles, blood collection needles, spinal anesthesia needles, epidural needles, A.V. fistula needles, and cannula needles are some of the special purpose needles used in healthcare settings for drug delivery and sample collection. For administering drugs such as heparin, insulin, and other medications, special purpose needles are utilized. Over the course of the projected period, an increase in the prevalence of gynecologic cancer and an increase in biopsy procedures are anticipated to fuel market expansion.
Market Dynamics
Increase in the prevalence of gynecological cancer is expected to drive the market. Special purpose needles are commonly used in gynecological cancer diagnosis and treatment procedures. For example, needle biopsies are often performed to collect tissue samples for analysis, and fine needle aspiration (FNA) may be used to extract fluid from cysts or tumors. As the prevalence of gynecological cancer increases, the demand for these procedures and the associated special purpose needles will also increase. Growth is anticipated to be fueled by rising professional awareness, affordable safety needles, and user-friendly procedures. Safety needles are also anticipated to become more profitable in the near future due to increased healthcare costs and expanding liabilities from accidental infections.
Key features of the study:
- This report provides in-depth analysis of the special purpose needles market and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2023–2030), considering 2022 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategy adopted by key players
- It profiles key players in the global special purpose needles market based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans
- Key companies covered as a part of this study include Boston Scientific Corporation, Argon Medical Devices, Inc., Becton, Dickinson and Company, Cook Medical, B. Braun Melsungen AG, Medtronic Plc., Novo Nordisk A/S, SERAG-WIESSNER GmbH & Co., Smith’s Medical, Terumo Corporation, Stryker Corporation, and NIPRO Medical Corporation.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics.
- The global special purpose needles market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global special purpose needles market
Detailed Segmentation:
- Global Special Purpose Needles Market, By Product Type:
- Fine Aspirating Needles
- Biopsy Needles
- Hypodermic needles
- Pen Needles
- Suture Needles
- IV catheter Needle
- Implantation Needles
- Dental Needles
- Ophthalmic Needles
- Blood Collection Needle
- Spinal Anesthesia Needle
- Epidural Needle
- V. Fistula Needle
- Cannula Needles
- Global Special Purpose Needles Market, By Application::
- Sample Collection
- Drug Delivery
- Global Special Purpose Needles Market, By Distribution Channel:
- Hospital Pharmacies
- Private Clinics
- Retail Pharmacies and Drug Stores
- e-Commerce
- Global Special Purpose Needles Market, By Region:
- North America
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC
- Israel
- Rest of Middle East
- Africa
- South Africa
- Central Africa
- North Africa
- Company Profiles
- Boston Scientific Corporation
- Argon Medical Devices, Inc.
- Becton, Dickinson and Company
- Cook Medical
- Braun Melsungen AG
- Medtronic Plc.
- Novo Nordisk A/S
- SERAG-WIESSNER GmbH & Co.
- Smith’s Medical
- Terumo Corporation
- Stryker Corporation
- NIPRO Medical Corporation
