The growing incidence of various lifestyle-associated and chronic diseases and the soaring geriatric population in several countries are the major factors fueling the sales of hypodermic needles across the world. In addition to this, the rising concerns being raised over needlestick injuries are further boosting the demand for hypodermic needles. The Safe Injection Global Network (SIGN), under the World Health Organization (WHO), frequently conducts workshops and events all over the world for raising public awareness about safe injection methods and practices.
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Apart from being widely used by diabetics, hypodermic needles are also extensively used in research institutes and organizations for reducing the chances of contamination during inoculation programs. Thus, with the increasing usage of these needles in various applications, the global hypodermic needle market will demonstrate huge expansion in the forthcoming years, as per the estimates of P&S Intelligence, a market research organization based in India. Safety and non-safety needles are the two hypodermic needle variants available all over the world.
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Between these two needles, the sales of the safety needles are currently being observed to be higher. This is ascribed to the fact that these needles possess a safety mechanism which prevents the occurrence of needlestick injuries in patients. This feature is not available in the non-safety needles. In addition to this, the safety needles are produced in compliance with the existing safety regulations and standards and are thus, experiencing huge demand all over the globe.
In the coming years, the North American hypodermic needle market is predicted to exhibit rapid expansion. This is attributed to the rising incidence of lifestyle-associated and chronic diseases in the region and the increasing patient preference for safe injection methods in the North American countries. However, despite these growth drivers, the sales of the hypodermic needles will increase at a faster rate in the Asia-Pacific (APAC) region in the forthcoming years, mainly on account of the improving healthcare facilities and the increasing public awareness of safe injection practices and usage of syringes in the region.
Patients affected by various infectious diseases are subject to long & umpteen number of medical tests, which are incomplete without the use of multipurpose and special needles such as sharps. Growing prevalence of infectious diseases such as cancer and diabetes are propelling demand for special purpose needles in the healthcare sector such as hospitals, clinics and medical stores. The global special needles market is expected to register a CAGR of 7.5% over the forecast period, 2016-2026.
Among various types of needles, Hypodermic needles are witnessing rapid demand, which in turn will contribute towards growth of the market in terms of revenue in the coming years. Besides various applications, special purpose needles will be mainly used for drug delivery purposes. Whereas, hospital pharmacies will be prominent distribution channel among others.
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Market Dynamics
Apart from infectious diseases, spinal disorders will further add to the list of factors fuelling demand for special purpose needles in hospitals and clinics over the following decade. Furthermore, imposition of government regulations regarding advanced healthcare systems, safe usage of needles, surge in government support and joint efforts by supply chain executives to increase efficiency will boost demand for special purpose needles. However, growing awareness regarding needle-free injection technology in parallel with high cost of special purpose needles will restrain growth of the market in the coming years. Moreover, instances of product recalls due to low quality are further inhibiting growth of the market.
Collaborations between private medical companies and government, in order to spread awareness among patients regarding unsafe usage of used needles is a prominent trend witnessed in the market over the following decade. Furthermore, companies operating in the market are mainly directing their efforts to offer production of user-friendly safety needles in order to prevent needle injuries that could propagate HIV and other blood borne diseases.
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Regional Analysis
In terms of revenue, the market in North America will grow at a CAGR of 8.2% and will reach a market value of US$ 5,506.7 Mn by the end of 2026. Whereas, the market in APEJ will grow relatively fast at a CAGR of 7.7% in the span of next ten years. Collectively, the markets in North America, APEJ and Western Europe will account for 74.7% market share in 2016.
Vendor Insights
Some major market players operating in the global special purpose needles market include Medtronic, Becton, B. Braun Melsungen AG, Dicksen and Company, Smiths Medical, Terumo Corporation, Nove Nordisk A/S, Boston Scientific Corporation, NIPRO Medical Corporation, Stryker Corporation, Argon Medical Devices, Inc., SERAG-WEISSNER GmbH & Co. and Cook Medical.
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A Blood Test is a laboratory analysis performed on a blood sample that is usually extracted from a vein in the arm using a hypodermic needle.
Multiple tests for specific blood components, such as a glucose test or a cholesterol test, are often grouped together into one test panel called a blood panel or blood work.
Blood tests are often used in health care to determine physiological and biochemical states, such as disease, mineral content, pharmaceutical drug effectiveness, and organ function.
Typical clinical blood panels include a basic metabolic panel or a complete blood count.
Blood tests are also used in drug tests to detect drug abuse.
Blood test @ home Sample Collection.
The three most normally utilized sorts of agony medication today are the nonsteroidal calming drugs (NSAIDs), the paracetamol based medications and the narcotic medications.The nonsteroidal mitigating drug (NSAIDs) bunch contains a wide scope of various painkillers.
NSAID torment executioners don't just lighten torment; they will likewise bring down fever and decline irritations.
A great deal of NSAIDs are accessible ludicrous yet this doesn't imply that they are innocuous.
At the point when abused, even similarly feeble NSAIDs can have serious results, including draining ulcers and photosensitivity.
Paracetamol ought to never be joined with liquor since the liver will be over-burden with the weight of separating both liquor and Paracetamol, which makes the danger of Paracetamol harming higher.
Morphine will act straightforwardly on the focal sensory system and can diminish even cut off torments, for example, post a medical procedure torments and malignant growth torments.
