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

Published In : Mar 2020
Code : CMI3648
Pages :135
Formats :
Excel and PDF
Industry : Medical Devices

Market Challenges And Opportunities

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.

Global Huber Needles Market: Restraints

Risk of infection associated with Huber needles is expected to hamper growth of the market. During the use of Huber needles, the caregiver repetitively needs to access the implanted port and pierce a silicon septum with non-corning Huber needle. The Huber needles pose high risk of needle stick injuries during the removal of needle.