Market Overview:
The global fistula needles market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of chronic diseases, rising demand for minimally invasive surgeries, and technological advancements in fistula needles. By type, the safety fistula needles segment is expected to grow at a higher CAGR than the standard fistula needles segment during the forecast period. By application, hospitals are expected to account for the largest share of the global Fistula Needles Market in 2018.
Product Definition:
A fistula needle is a long, thin needle that is inserted through the skin and into the fistula. It is used to inject medications or other treatments into the fistula. The importance of fistula needles depends on the individual patient and their specific needs.
Safety Fistula Needles:
Safety fistula needles are used for the treatment of perforation and puncture wounds. These devices have a sharp point that allows easy entry into the wound with minimum damage to surrounding tissues. The Safety Fingertip Needle is available in two forms: disposable and reusable.
The safety fistula needles market size was valued at USD 1,849.7 million in 2015 owing to rising incidences of chronic diseases such as diabetes, cancer,.
Standard Fistula Needles:
The standard fistula needles are used for the treatment of urinary and fecal incontinence, chronic diarrhea, and other conditions. These devices are thin metal tubes with a sharp point at one end and a blunt point at the other end. The size of these needles varies depending on the type of injection required by patients. It can be widely used for subcutaneous as well as intravenous injections.
Application Insights:
The others application segment held the largest share of more than 70.0% in 2017. The other applications include home healthcare, pain management clinics and others. Hospitals accounted for the largest share in terms of application as well as revenue in 2017 due to high usage rates of surgical procedures for various diseases and conditions such as obstetrics, urology, gynecology and general surgery among others at hospitals worldwide.
According to a study published by the World Health Organization (WHO) in 2014, it was estimated that around 1 billion people across the world have some form of chronic pain which requires treatment on a regular basis resulting into high usage rates at hospitals worldwide which is expected to drive demand over next few years. In addition, increasing number of hospital-based research studies supporting its use for various indications is further anticipated to propel market growth during this period.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-developed healthcare infrastructure and high awareness levels regarding surgical procedures are some factors responsible for its large share. Moreover, the availability of technologically advanced products is anticipated to further boost the regional demand over the forecast period.
In Asia Pacific, Japan held a significant revenue share in 2017 owing to increasing geriatric population and rising incidences of chronic diseases such as diabetes that result in organ failure and require long term care. According to WHO statistics, nearly 60% of people with diabetes live with an aged companion; thus leading to an increase in hospital admissions due to foot ulcers among this age group (over 65 years). This scenario is expected drive up product demand over the forecast period.
Growth Factors:
- Increasing incidence of fistula: The incidence of fistula is increasing day by day due to various reasons such as lack of hygiene, improper diet, and others. This is resulting in the increase in demand for fistula needles.
- Technological advancements: The technology for manufacturing fistula needles is constantly evolving which is resulting in the development of better quality and more efficient products. This is driving the growth of Fistula Needles market.
- Rising awareness about treatment options: There has been a rise in awareness about the treatment options available for Fistulas among people across the globe. This has led to an increase in demand for Fistula Needles products thereby driving market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fistula Needles Market Research Report
By Type
Safety Fistula Needles, Standard Fistula Needles
By Application
Hospitals, Clinics, Ambulatory Surgical Centres, Others
By Companies
Medtronic, BD Medical, Boston Scientific, Smith Medical, Argon Medical Devices, Novo Nordisk, Terumo, NIPRO Medical, B. Braun Melsungen, Medsurg, Hamilton Syringes & Needles, Hi-Tech Medicare Devices
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
132
Number of Tables & Figures
93
Customization Available
Yes, the report can be customized as per your need.
Global Fistula Needles Market Report Segments:
The global Fistula Needles market is segmented on the basis of:
Types
Safety Fistula Needles, Standard Fistula Needles
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinics, Ambulatory Surgical Centres, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Medtronic
- BD Medical
- Boston Scientific
- Smith Medical
- Argon Medical Devices
- Novo Nordisk
- Terumo
- NIPRO Medical
- B. Braun Melsungen
- Medsurg
- Hamilton Syringes & Needles
- Hi-Tech Medicare Devices
Highlights of The Fistula Needles Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Safety Fistula Needles
- Standard Fistula Needles
- By Application:
- Hospitals
- Clinics
- Ambulatory Surgical Centres
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fistula Needles Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fistula needles are a type of medical device used to treat fistulas. Fistulas are abnormal connections between the bladder and the rectum or vagina. Fistula needles help to break down the tissue around the fistula, which can allow it to heal.
Some of the major players in the fistula needles market are Medtronic, BD Medical, Boston Scientific, Smith Medical, Argon Medical Devices, Novo Nordisk, Terumo, NIPRO Medical, B. Braun Melsungen, Medsurg, Hamilton Syringes & Needles, Hi-Tech Medicare Devices.
The fistula needles market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fistula Needles Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fistula Needles Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fistula Needles Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fistula Needles Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fistula Needles Market Size & Forecast, 2020-2028
4.5.1 Fistula Needles Market Size and Y-o-Y Growth
4.5.2 Fistula Needles Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Safety Fistula Needles
5.2.2 Standard Fistula Needles
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Ambulatory Surgical Centres
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fistula Needles Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fistula Needles Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Safety Fistula Needles
9.6.2 Standard Fistula Needles
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Ambulatory Surgical Centres
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Safety Fistula Needles
10.6.2 Standard Fistula Needles
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Ambulatory Surgical Centres
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Safety Fistula Needles
11.6.2 Standard Fistula Needles
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Ambulatory Surgical Centres
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Safety Fistula Needles
12.6.2 Standard Fistula Needles
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Ambulatory Surgical Centres
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Safety Fistula Needles
13.6.2 Standard Fistula Needles
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Ambulatory Surgical Centres
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fistula Needles Market: Competitive Dashboard
14.2 Global Fistula Needles Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Medtronic
14.3.2 BD Medical
14.3.3 Boston Scientific
14.3.4 Smith Medical
14.3.5 Argon Medical Devices
14.3.6 Novo Nordisk
14.3.7 Terumo
14.3.8 NIPRO Medical
14.3.9 B. Braun Melsungen
14.3.10 Medsurg
14.3.11 Hamilton Syringes & Needles
14.3.12 Hi-Tech Medicare Devices
