Huber Needles MarketSize Projections: Promising Growth and Development Forecast (2023-2033)

New York, United States, Mon, 31 Jul 2023 06:37:37 / Comserve Inc. / -- Huber Needles Market by Research Nester Reveals the Market to Grow with a CAGR of ~9% During 2023-2033 and Attain ~USD 58 Million by 2033

Research Nester assesses the growth of global huber needles market which is anticipated to be grow on account of the escalating occurrence of chronic renal disorders.

New York – October 31, 2022 - Research Nester’s recent market research analysis on “Huber Needles Market: Global Demand Analysis & Opportunity Outlook 2033” delivers a detailed competitors analysis and a detailed overview of the global huber needles market in terms of market segmentation by product type, application, end-user, and by region.

Proliferation of Needle Stick Injuries in Healthcare Workers to Drive the Growth of Global Huber Needles Market

The global huber needles market is estimated to grow majorly on account of the significant surge in needle stick injuries among healthcare workers. These injuries are most prevalent when people, such as nursing students, and healthcare workers, use, disassemble, or discard needles. Such injuries are dangerous as there are the higher possibilities of pathogen spread through the piercing of skin. For instance, currently, approximately 5 million healthcare personnel in the United States are at risk of contracting blood-borne illnesses as a result of needle stick or other sharp object injuries.

The market research report also includes other growth factors and challenges that are associated with the growth of the global huber needles market. Some of the major growth indicators are:

Growth Drivers:

• Surge in HIV Cases Across the Globe
• Rising Prevalence of Cancer

Challenges:

The extreme amount allied with the production of huber needles products, and high chance of contamination of huber needles are some of the major factors anticipated to hamper the growth of the global huber needles market. Despite of the numerous restraint factors associated with the growth of the market, Research Nester’s analysis indicates a robust growth for the market during the forecast period.

The market research report on global huber needles encompasses an in-depth analysis of the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends. These analyses help organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future. Additionally, the growth opportunities exposed by the market is poised to gain significant momentum in the next few years.

By application, the global huber needles market is segmented into dialysis, blood transfusion, application for cancer, lap-band adjustments, home parenteral nutrition, and others. The blood transfusion segment is to garner a highest revenue by the end of 2033 by growing at a significant CAGR over the forecast period owing to the global spike in blood transfusion. According to the figures provided by the World Health Organization, around 118.54 million blood transfusions are performed globally each year.

By region, the North America huber needles market is to generate the highest revenue by the end of 2033. This growth is anticipated by higher prevalence of chemotherapy and dialysis processes that are carried off as a result of massive increase in lifestyle disorders.

The research is global in nature and covers detailed analysis on the huber needles market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising of global huber needles market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.

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This report also provides the existing competitive scenario of some of the key players of the global huber needles market which includes company profiling of AngioDynamics, Inc., Vygon SAS, EXELINT International, Co., Medtronic, Terumo Corporation, B. Braun Medical Inc., ICU Medical, Inc., Baxter International, Inc., Nipro Medical Corporation, Becton, Dickinson and Company, and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global huber needles market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.     

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Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.

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