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HUBER NEEDLES MARKET ANALYSIS | Coherent Market Insights

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Title: HUBER NEEDLES MARKET ANALYSIS | Coherent Market Insights


1
Coherent Marketing Insights
  • Market Research Business Consulting Services
  • https//www.coherentmarketinsights.com/
  • Covid-19 Impact Tracker

2
  • 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

3
  • Huber needles are used for repetitive access to
    veins for blood withdrawal and infusion of
    medication, blood products, and nutritional
    solutions in conjunction with a port implanted in
    a chronically ill patient body. These needles are
    designed to pierce the port without dislodging
    it. Huber needles are widely used in hospitals,
    oncology centers, clinics and ambulatory surgical
    centers. These needles are specifically used for
    medication and nutrition infusion, blood
    withdrawal, and imaging solution infusion.
  • Statistics
  • The global Huber needles market is estimated to
    account for US 66.1 Mn in terms of value and
    51,270,030 Units in terms of volume by the end of
    2027.

4
  • 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.

5
  • Figure 1. Global Huber Needles Market Share (),
    by Region, 2019

6
Market Trends/Key Takeaways
  • Increasing focus on reducing needle stick
    injuries has led companies to develop and
    introduce various needles with enhanced safety
    features in the market. Products with advanced
    features such as self-retracting needles and
    needles with safety locking are gaining traction
    among healthcare professionals and patients.
  • Moreover, high prevalence of HIV and blood-borne
    diseases has also led manufacturers to develop
    safe needles. For instance, according to Joint
    United Nations Program on HIV/AIDS, 37.9 million
    people globally were living with HIV at the end
    of 2018.
  • Increasing prevalence of end-stage renal disease
    is expected to boost growth of the global Huber
    needles market. For instance, according to
    November 2019 data of National Center for
    Biotechnology Information, the prevalence of
    end-stage renal disease is rising at a stable
    number of about 20,000 cases per year.

7
Regulations
  • U.S.
  • The U.S. FDA authorizes the use of Huber needles
    for long term medication infusion and blood
    withdrawal
  • Huber needles are type of safety vascular access
    needles that fall under class II with special
    controls. However, companies need a premarket
    approval before commercializing the device.
  • FDA mandates performance tests for stiffness,
    bending breakage, corrosive resistance and
    elasticity of Huber needles
  • Huber needle manufacturers are expected to submit
    performance tests in investigational device
    exemption applications (IDEs) and premarket
    approval applications (PMAs) to support the
    safety and effectiveness of Huber needles. These
    devices require a premarket approval (PMA)
    application before marketing and
    commercialization.
  • According to FDA, the basic structure of Huber
    needle contains needle, needle cap and needle
    hub. These needles are either straight type
    available in gauges 19, 20, and 22, and length
    1 to 1-1/2 or bent 90 degree angle available
    in gauges 19, 20, and 22, and length 1 to
    1-1/2
  • FDA has set few standard guideline in order to
    meet the safety requirement. These devices falls
    under the category of class II devices (Special
    Controls) or Class III (PMA).

8
Value Chain Analysis -

9
Global Huber Needles Market Competitive
Landscape
  • Major players operating in the global Huber
    Needles market include, Baxter International
    Inc., B. Braun Medical Inc., Smiths Medical,
    NIPRO Medical Corporation, AngioDynamics, Inc.,
    and C. R. Bard, Inc.
  • Global Huber Needles Market Key Developments
  • Major players in the market are focused on
    adopting MA strategies to expand their product
    portfolio. For instance, in February 2019, B.
    Braun Medical Inc. acquired Medisystems
    Streamline Bloodlines business that includes the
    Streamline Bloodline for the Dialog hemodialysis
    system, Streamline Bloodline for the Fresenius
    Medical Care hemodialysis system, and Streamline
    Bloodline Long for the Fresenius Medical Care
    hemodialysis system.

10
  • Request Sample Report
  • Request Customization
  • Download PDF Brochure
  • Talk to Analyst
  • Referance https//www.coherentmarketinsights.com/
    market-insight/huber-needles-market-3648

11
About Us
  • Coherent Market Insights is a global market
    intelligence and consulting organization focused
    on assisting our plethora of clients achieve
    transformational growth by helping them make
    critical business decisions. We are headquartered
    in India, having office at global financial
    capital in the U.S. Our client base includes
    players from across all business verticals in
    over 150 countries worldwide.
  • What We ProvideCustomized Market Research
    AnalysisIndustry Analysis ServicesBusiness
    Consulting ServicesLong Term Engagement
    ModelCountry Specific Analysis

12
Contact Us
  • Mr. Shah
  • Coherent Market Insights Pvt. LTD.Coherent
    Market Insights 1001 4th Ave, 3200 Seattle, WA
    98154, U.S.Phone 1-206-701-6702
  • Email sales_at_coherentmarketinsights.com

13
Thank You
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