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[2021] Venipuncture Needle and Syringes Market In-depth Analysis By Leading Players, Business Boosting Strategies, Technological Improvements, Demand and Upcoming Trend by Forecast to 2027

April 15th, 2021 Coherent Market Insights Releases

SEATTLE, April 15, 2021, (MEDGADGET) — Global Venipuncture Needle and Syringes Market – Insights

Venipuncture, also known as venipuncture, is a process in which intravenous access is obtained for the purpose of intravenous therapy or for blood sampling of venous blood. Needles and syringes are used in venipuncture blood collection. The invasive process is used to collect blood, identify the levels of blood components, and administer therapies, nutrition, or chemotherapy, to eliminate blood due high presence of iron or erythrocytes, and to collect blood for transfusion.

Request Sample Copy of the Business Report: https://www.coherentmarketinsights.com/insight/request-sample/176

Global Venipuncture Needle and Syringes Market: Drivers

Increasing number of blood tests and blood collection is expected to boost growth of the global venipuncture needle and syringe market. For instance, June 2019, according to the World Health Organization, in low-income countries, up to 52% of blood transfusions are given to children under 5 years of age; whereas in high-income countries, the most frequently transfused patient group is over 65 years of age, accounting for up to 75% of all transfusions.

Moreover, increasing use of advanced syringe and methods for blood sampling instead of conventional methods is also expected to boost growth of the global venipuncture needle and syringes market. Increasing prevalence of chronic diseases is also expected to boost growth of the market. For instance, according to the World Health Organization, almost 85% of all the chronic diseases need blood test for diagnosis.

Global Venipuncture Needle and Syringes Market: Restraints 

However, use of venipuncture in aging and pediatric population poses major challenges, which is expected to hinder growth of the global venipuncture needle and syringes market. For instance, according to the WHO, between 2015 and 2050, the proportion of the world’s population over 60 years will nearly double from 12% to 22%.

Global Venipuncture Needle and Syringes Market: Taxonomy  

The global venipuncture needle and syringes market is segmented into vein type, end-user, and region. Among vein types, the median cubital vein segment is expected to account for the largest market share over the forecast period.

Direct Purchase the Venipuncture Needle and Syringes Market Report 2021 @ https://www.coherentmarketinsights.com/insight/buy-now/176

By Vein Type

  • Cephalic Vein
  • Median Cubital Vein
  • Basilic Vein

By End-User

  • Hospitals
  • Diagnostic Labs
  • Physicians’ Offices

By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East
  • Africa

Global Venipuncture Needle and Syringes Market: Regional Analysis

North America is expected to hold dominant position in the global venipuncture needle and syringes market over the forecast period. This is attributed to high presence of major market players and increasing use of venipuncture needle and syringes in the region.

The market in Africa is driven by increasing number of diagnostic tests and blood sampling in the region. For instance, according to the WHO, Africa faces a high demand for blood transfusion due to bleeding related to pregnancy and childbirth, high prevalence of malaria with the attendant complication of severe malarial anemia, high rates of road traffic accidents and other types of injury as well as other indications for blood transfusion.

To understand Research Methodology, please click https://www.coherentmarketinsights.com/ongoing-insight/venipuncture-needle-and-syringes-market-176

Global Venipuncture Needle and Syringes Market: Competitive Landscape

Major players operating in the market are focused on product approval to expand their product portfolio. For instance, in January 2019, Becton, Dickson and Company, a medical technology company, received the U.S. Food and Drug Administration 510(k) clearance for its second generation BD Nano pend needle, which is designed for reliable subcutaneous injection depth. In April 2019, B. Braun, a Germany-based pharmaceutical company, launched its Heparin Sodium Incretion, which is a prefilled syringe for subcutaneous and intravenous use.

Major players operating in the global venipuncture needle and venipuncture syringes market include Smiths Medical, Becton, Dickinson and Company, and B. Braun Medical.

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. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies, to not-for-profit organization, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.

To know more about us, please visit our website – www.coherentmarketinsights.com

Contact:

Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
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India: +91-848-285-0837

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