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Port Needles Market To Reach USD 62.6 Million By 2027 | Medtronic, Becton, Dickinson, and Company, Smiths Medical, Novo Nordisk

March 23rd, 2020 Reports And Data Releases

The global port needles market is expected to reach USD 62.6 Million by 2027, according to a new report by Reports and Data. The growth of the market is attributed to the increasing application of implantable ports.

Cancer has a significant impact on the society in the U.S. and across the globe. It has been estimated that 1,735,350 new cancer cases were diagnosed in the U.S., and 609,640 people suffered death from the disease. The number of further incidences of cancer is 439.2 per 100,000 men and women annually, and the number of cancer-related morbidity is 163.5 per 100,000 men and women annually. Moreover, it has been estimated that in 2017, 15,270 children and adolescents in the age range of 0-19 years were diagnosed with cancer, out of which 1,790 suffered death owing to the disease. In the year 2017, an estimated USD 147.30 billion was spent on cancer care in the U.S. The growing prevalence of cancer would lead to increasing demand for chemotherapy, thereby boosting the market demand.

Request free sample Copy of this research report to Understand the structure of the complete report@ https://www.reportsanddata.com/sample-enquiry-form/2634

The rising occurrence of obesity is projected to fuel the demand for port needles in the upcoming years. According to the World Health Organization in 2016, over 650 million adults (13% of the adult population across the globe) who are 18 years or older were obese. A majority of the global population lives in countries where more people die owing to overweight and obesity as compared to underweight people. In the same year, 41 million children below the age of 5 were obese/overweight, and more than 340 million children and individuals aged five years to 19 years were obese/overweight in 2016.

Further key findings from the report suggest

  • A winged port needle is used to deliver intravenous (IV) therapy to a vein or to draw blood from a vein. These port needles allow for added precise placement, mainly in hard-to-access veins.
  • By application, cancer treatment contributed to the largest market share in 2018. In cases where patients have to receive several infusions of chemotherapy, a port is often a better alternative. Moreover, it may allow you to receive chemotherapy at home as opposed to at the hospital or clinic. It offers greater comfort, less delay, less risk of extravasation, and less risk of infection.
  • By end-users, ambulatory surgical centers are expected to grow at the fastest rate of 8.0% in the forecast period.
  • The market in North America held the largest market share in 2018 and is estimated to grow at a rate of 6.7% in the forecast period. The market dominance is owing to the higher acceptance of advanced technologies, well-established healthcare facilities, and the presence of leading market players in the region.
  • Key participants include Medtronic, Becton, Dickinson, and Company, Smiths Medical, Novo Nordisk, B. Braun Melsungen AG, Hamilton Syringes and Needles, NIPRO Medical, Boston Scientific, Terumo Corporation, and Hi-Tech Medicare Devices, among others.

Order Your Copy Now (Customized report delivered as per your specific requirement)@ https://www.reportsanddata.com/checkout-form/2634

For the purpose of this report, Reports and Data have segmented the global port needles market on the basis of product type, application, end-users, and region:

Product Type Outlook (Revenue, USD Million; 2016-2027)

  • Winged Port Needles
  • Angled Port Needles
  • Straight Port Needles

Application Outlook (Revenue, USD Million; 2016-2027)

  • Blood Transfusions
  • Cancer Treatment
  • Parental Nutrition
  • Other

End-Users Outlook (Revenue, USD Million; 2016-2027)

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers
  • Others

Regional Outlook (Revenue, USD Million; 2016-2027)

  • North America
    • U.S
  • Europe
    • U.K
    • France
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
  • MEA

To identify the key trends in the industry, click on the link below:   https://www.reportsanddata.com/report-detail/port-needles-market

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Blepharitis Market Size, Growth & Analysis By Disease Type (Anterior Blepharitis, Posterior Blepharitis, Mixed Blepharitis), By Treatment Type (Antibiotic Therapy, Topical Corticosteroids, Topical Antibiotics, Oral Antibiotics, Ointments, Eye Cleansers, Others), By Route Of Administration (Oral, Topical), By End-Use (Hospitals, Homecare, Specialty Clinics, Others), Forecast To 2027

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About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

Contact Us:

John Watson

Head of Business Development

Reports And Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: sales@reportsanddata.com

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