Market Overview:
The global Huber 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 demand for Huber needles from hospitals, clinics, ambulatory surgical centres, and other end-users. In addition, the growing awareness about safety huber needles is also contributing to the growth of this market. Based on type, the global Huber needles market can be segmented into safety huber needles and standard huber needles. The safety huber needle segment is expected to grow at a higher CAGR than the standard huber needle segment during the forecast period from 2018 to 2030. This growth can be attributed to factors such as rising awareness about safety in medical procedures and increasing demand for minimally invasive surgeries. Based on application, the global Huber needles market can be divided into hospitals, clinics, ambulatory surgical centres (ASCs), and other end-users such as research institutes and pharmaceutical companies.
Product Definition:
Huber needles are a type of spinal anesthesia needle that is used to numb the spinal cord. They are also used to inject medications and other substances into the spinal column. Huber needles have a smaller diameter than traditional spinal anesthesia needles, which makes them less likely to cause damage to the nerves in the spine.
Safety Huber Needles:
Safety Huber needles are used to measure the viscosity of solutions and suspensions in chemical industries. They are also used in pharmaceuticals, personal care products, food & beverages and mining industries. The global safety huber needles market is expected to witness significant growth over the forecast period owing to its increasing demand from various end-use industries such as pharmaceuticals, chemicals, food & beverage industry among others.
Standard Huber Needles:
The standard huber needles are used in the Huber Needles market. The needle is a thin, hollow tube made from stainless steel and mounted on a plastic or metal handle. It is used to inject liquid into bottles for carbonated drinks such as Coca-Cola and Pepsi. Standard Huber needles have an inside diameter of 0ne inch (25 mm).
The global standard huber needles have three main applications: Injection molding, bottling,.
Application Insights:
Based on the application, the market is segmented into hospitals, clinics, ambulatory surgical centers (ASCs), and others. The clinics segment dominated the global market in 2017 owing to increasing demand for minimally invasive procedures. According to a study published by NCBI in 2018, around 25% of all medical procedures are performed via laparoscopy and this proportion is expected to increase over the coming years. Minimally invasive surgeries involve Huber needle technique which enables easy access to organs or tissues located deep within body cavities thereby reducing trauma and pain caused during surgery as well as recovery time required. This factor is anticipated to fuel product demand in upcoming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to increasing surgical procedures and growing medical tourism. The region is expected to witness the fastest growth during the forecast period. Increasing geriatric population, rising incidences of cardiovascular diseases, and rapidly improving healthcare infrastructure are some of the factors that are projected to drive demand for hyber needles in this region over the forecast period.
The Asia Pacific market was valued at USD X billion in 2017 and is anticipated to grow at a CAGR of XX% from 2018 to 2030 due high unmet needs regarding surgeries & treatments resulting from various chronic & lifestyle-related diseases such as diabetes, cancer, etc.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 7.8% from 2016 to 2021. This is primarily due to the advantages offered by these surgeries over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. Huber needles are ideally suited for use in minimally invasive procedures, making them a key growth driver for the market.
- Rising prevalence of chronic diseases: The incidence of chronic diseases such as cancer, heart disease, and diabetes is on the rise globally due to changing lifestyles and increasing population aging rates. These diseases are often best treated through minimally invasive procedures using Huber needles, which makes this technology an important growth driver for the market.
- Technological advancements: Huber needle manufacturers are constantly innovating their products in order to offer better performance and safety features than their competitors’ products do currently available on the market place .This helps drive adoption among surgeons who are looking for better performing products with fewer complications .Some recent innovations include introductions of curved needles that can be used in difficult-to-reach areas ,needles with built-in imaging capabilities that help guide placement during surgery ,and coated needles that reduce tissue damage .All these technological advancements are helping fuel growth in the Huber needle market .
Scope Of The Report
Report Attributes
Report Details
Report Title
Huber Needles Market Research Report
By Type
Safety Huber Needles, Standard Huber Needles
By Application
Hospitals, Clinics, Ambulatory Surgical Centres, Other
By Companies
Medtronic, BD Medical, Boston Scientific, Smith Medical, Argon Medical Devices, Novo Nordisk, Terumo Corporation, NIPRO Medical, B. Braun Melsungen AG, Medsurg, Medtronic, 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
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Huber Needles Market Report Segments:
The global Huber Needles market is segmented on the basis of:
Types
Safety Huber Needles, Standard Huber 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, Other
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 Corporation
- NIPRO Medical
- B. Braun Melsungen AG
- Medsurg
- Medtronic
- Hi-Tech Medicare Devices
Highlights of The Huber 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 Huber Needles
- Standard Huber Needles
- By Application:
- Hospitals
- Clinics
- Ambulatory Surgical Centres
- Other
- 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 Huber 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.
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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?
Huber Needles are a type of medical device used to remove tissue from the body.
Some of the key players operating in the huber needles market are Medtronic, BD Medical, Boston Scientific, Smith Medical, Argon Medical Devices, Novo Nordisk, Terumo Corporation, NIPRO Medical, B. Braun Melsungen AG, Medsurg, Medtronic, Hi-Tech Medicare Devices.
The huber 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 Huber 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 Huber Needles Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Huber 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 Huber 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 Huber Needles Market Size & Forecast, 2020-2028
4.5.1 Huber Needles Market Size and Y-o-Y Growth
4.5.2 Huber 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 Huber Needles
5.2.2 Standard Huber 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 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Huber 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 Huber 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 Huber Needles
9.6.2 Standard Huber 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 Other
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 Huber Needles
10.6.2 Standard Huber 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 Other
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 Huber Needles
11.6.2 Standard Huber 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 Other
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 Huber Needles
12.6.2 Standard Huber 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 Other
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 Huber Needles
13.6.2 Standard Huber 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 Other
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 Huber Needles Market: Competitive Dashboard
14.2 Global Huber 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 Corporation
14.3.8 NIPRO Medical
14.3.9 B. Braun Melsungen AG
14.3.10 Medsurg
14.3.11 Medtronic
14.3.12 Hi-Tech Medicare Devices
