Perforating a vein, or venipuncture, is a common medical procedure used for drawing blood samples and administering injections. The process entails inserting a needle into a patient’s vein. Needle and syringes are used to draw blood during a venipuncture procedure. Venipuncture is one of the earliest forms of invasive medical procedures and is performed for five main reasons: to collect blood for analysis, to determine the quantities of various blood components, to administer drugs, nutrients, or chemotherapy, to drain blood due to an excess of iron or erythrocytes, and to store blood for potential future transfusion. Venipuncture needles and syringes are used for this purpose, and the demand for them has increased in tandem with the popularity of blood testing and blood collection.
Hematocrit is a condition that can develop in elderly patients who have had large amounts of blood drawn
CEO Nuno Valentine, as reported by Van Roekel, has claimed that roughly half of all doctors lack the resources to employ a phlebotomist, and that some are even located in areas where there is a shortage of qualified personnel. Approximately 75% of medical decision is in accordance to Mr. Kapadia, Iggbo’s, chief medical officer. As per Van Roekel, every year in the United States one billion blood samples are drawn, with 50,000 of those drawn in Houston alone. Multiple sources assert that elderly people suffer significant setbacks after having excessive blood drawn. According to the results of a cohort study, blood was drawn at higher rates for each test at public and university hospitals than at children’s hospitals. In order to perform the same tests as a children’s hospital, a university or public hospital laboratory would need to draw 2.5-10 times as much blood. Changing the hematocrit due to excessive blood withdrawal has the potential to worsen the health of elderly patients. Due to the rising population of the elderly, this is a major issue.
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Median Cubital Vein to control the market of venipuncture needle and syringes across the globe
The global market for venipuncture needles and syringes is divided into three distinct submarkets defined by vein type, end user, and region. Cephalic Vein, Median Cubital Vein, and Basilic Vein are the three main segments of the market based on vein type. The healthcare industry, diagnostic laboratories, and private practices all make up distinct segments of the market.
The market for venipuncture needles and syringes is expected to grow as more sophisticated means of collecting blood samples become more widely used.
Coherent Market Insights divides the global market into five distinct geographical segments: the Americas, Europe, Asia Pacific, Latin America, and the MENA region. Owing to the existence of key players and their use of modern medical technologies to develop in regions like North America and Africa, this region currently holds the largest share of the venipuncture needle and syringes market. An improved diagnostic test for any disease requires a larger blood sample, which is helpful in obtaining results. Needles and syringes used for venipuncture are, therefore, on the rise. The World Health Organization estimates that 85 percent of all chronic diseases in Africa require a blood test.
The leading companies in the global venipuncture needle and syringe market are constantly innovating new products that efficiently draw the necessary blood.
Smiths Medical, Becton, Dickinson and Company, and B. Braun Medical are some of the major companies in the venipuncture needle and syringe market. Global market leaders are continuously developing new products that can detect veins and draw blood. Corporations’ persistent efforts in the R&D arena have yielded a new, minimally uncomfortable blood-drawing device. The company has answered back to the FDA’s outstanding questions and is anticipating introducing its product by the middle of 2017.
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First, in order to increase their market share and diversify their revenue streams, the market’s largest players employ a wide range of business strategies, such as seeking and receiving product approval from regulatory authorities. For instance, in January of 2019, Becton, Dickinson and Company, a medical technology firm, received 510(k) clearance from the U.S. Food and Drug Administration for its second generation BD Nano pend needle.
Second, in order to increase their market share, the market’s most dominant players are implementing a variety of business strategies, such as pursuing product acceptance from regulatory authorities. B. Braun, a German pharmaceutical firm, released its prefilled syringe for subcutaneous and intravenous use of heparin sodium incretion in April 2019.
Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Venipuncture Needle and Syringes Market Size Analysis from 2023 to 2030
11.6 COVID-19 Outbreak: Venipuncture Needle and Syringes Industry Impact
Chapter 2 Global Venipuncture Needle and Syringes Competition by Types, Applications, and Top Regions and Countries
2.1 Global Venipuncture Needle and Syringes (Volume and Value) by Type
2.3 Global Venipuncture Needle and Syringes (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Venipuncture Needle and Syringes Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5 North America Venipuncture Needle and Syringes Market Analysis
Chapter 6 East Asia Venipuncture Needle and Syringes Market Analysis
Chapter 7 Europe Venipuncture Needle and Syringes Market Analysis
Chapter 8 South Asia Venipuncture Needle and Syringes Market Analysis
Chapter 9 Southeast Asia Venipuncture Needle and Syringes Market Analysis
Chapter 10 Middle East Venipuncture Needle and Syringes Market Analysis
Chapter 11 Africa Venipuncture Needle and Syringes Market Analysis
Chapter 12 Oceania Venipuncture Needle and Syringes Market Analysis
Chapter 13 South America Venipuncture Needle and Syringes Market Analysis
Chapter 14 Company Profiles and Key Figures in Venipuncture Needle and Syringes Business
Chapter 15 Global Venipuncture Needle and Syringes Market Forecast (2023-2030)
Chapter 16 Conclusions
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