Market Overview:
The global introducer sheaths and 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 cardiovascular diseases, technological advancements in medical devices, and rising demand for minimally invasive procedures. Based on type, the global introducer sheaths and needles market is segmented into introducer sheaths and needles. The introduction sheath segment is further sub-segmented into over-the-wire (OTW) introducers, rapid exchange (RE) systems, steerable systems, and other types of introducers. The needle segment is further sub-segmented into conventional needles and safety needles. Based on application, the global Introducer Sheaths And Needles Market is divided into hospitals and clinics. Geographically speaking, North America dominates the global Introducer Sheaths And Needles Market followed by Europe due to rising geriatric population in these regions coupled with increasing prevalence of chronic diseases such as heart failure & stroke which require use of advanced medical devices for diagnosis or treatment such as Introducer Sheaths And Needles .
Product Definition:
An introducer sheath is a medical device used by doctors and nurses to insert catheters, urinary drainage tubes, and other instruments into the body. The introducer sheath is a long, thin tube made of plastic or metal that has a small hole in the middle. The doctor or nurse inserts the instrument they want to use into the hole in the introducer sheath, then pushes it through the body until it reaches its destination.
Introducer Sheaths:
Introduction of the sheath is a gradual process, which involves the movement of particles in solution. The particle to be introduced may be dissolved or suspended in the liquid and then attached to a solid support by an introduction agent. Introduction agents are usually molecules with special properties that enable them to attach themselves to certain surfaces.
Needles:
Needles and its usage in introducer sheaths and needles market is expected to witness significant growth over the forecast period. Needles are used for introducing surgical devices into the body. They are also used for removing foreign bodies from the blood vessels of patients. The major application areas include general surgery, cardiovascular surgery, ophthalmic surgery, urology surgeries and endoscopy procedures among others.
Application Insights:
Based on the application, the global Introducer Sheaths and Needles market has been segmented into hospitals, clinics and other healthcare facilities. Hospitals dominated the market in 2017 owing to factors such as a high prevalence of chronic diseases requiring medical procedures for treatment along with an increasing number of surgeries. In addition, a growing preference for minimally invasive surgeries is expected to drive demand over the forecast period.
The clinics segment is anticipated to witness significant growth over the forecast period due to factors such as an increase in check-ups and visits by individuals concerned about their health conditions. Furthermore, rising awareness regarding diseases coupled with increasing disposable income levels among certain groups of people is expected fuel demand across all three regions over the forecast period.
Regional Analysis:
North America dominated the global market in 2017 owing to the increasing number of product launches and favorable reimbursement policies. For instance, in 2015, Novo Nordisk launched a single-use prefilled syringe that can be used for insulin pen injector devices. The launch of such innovative products is expected to boost the growth of this regional segment over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period due to factors such as improving healthcare infrastructure and growing patient awareness regarding advanced medical treatments & devices. Moreover, an increase in diabetes cases will also drive this regional market over next eight years (2018-2030). According to International Diabetes Federation (IDF), Asia accounts for 60%of people with diabetes worldwide; it was estimated at 87 million cases in 2014 and is projectededto reach 123 million by 2035’ if preventive measures are not taken now.
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 procedures over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. The use of introducer sheaths and needles helps in performing these procedures quickly and efficiently.
- 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 treated with various types of injections or infusion therapies that require the use of introducer sheaths and needles. Thus, the growing prevalence of chronic diseases is expected to drive demand for these products in the coming years.
- Technological advancements: The medical device industry is constantly evolving with new technological advancements being made in areas such as robotics, 3D printing, nanotechnology, etc., This has led to increased efficiency and accuracy in minimally invasive surgeries which in turn has boosted demand for introducer sheaths & needles globally .
Scope Of The Report
Report Attributes
Report Details
Report Title
Introducer Sheaths and Needles Market Research Report
By Type
Introducer Sheaths, Needles
By Application
Hospitals, Clinics
By Companies
Boston Scientific, Medtronic, Terumo, Abbott, Merit Medical, Cardinal Health, Cook Medical, Oscor, Teleflex, Biotronik
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
176
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Introducer Sheaths and Needles Market Report Segments:
The global Introducer Sheaths and Needles market is segmented on the basis of:
Types
Introducer Sheaths, 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
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:
- Boston Scientific
- Medtronic
- Terumo
- Abbott
- Merit Medical
- Cardinal Health
- Cook Medical
- Oscor
- Teleflex
- Biotronik
Highlights of The Introducer Sheaths and 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:
- Introducer Sheaths
- Needles
- By Application:
- Hospitals
- Clinics
- 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 Introducer Sheaths and 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?
Introducer sheaths and needles are used to introduce a new person into the world of acupuncture. The introducer sheath is a thin, flexible tube made from metal or plastic that is inserted through the navel and into the body. The needle is then inserted through the introducer sheath and into the skin.
Some of the key players operating in the introducer sheaths and needles market are Boston Scientific, Medtronic, Terumo, Abbott, Merit Medical, Cardinal Health, Cook Medical, Oscor, Teleflex, Biotronik.
The introducer sheaths and 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 Introducer Sheaths and 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 Introducer Sheaths and Needles Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Introducer Sheaths and 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 Introducer Sheaths and 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 Introducer Sheaths and Needles Market Size & Forecast, 2018-2028
4.5.1 Introducer Sheaths and Needles Market Size and Y-o-Y Growth
4.5.2 Introducer Sheaths and Needles Market Absolute $ Opportunity
Chapter 5 Global Introducer Sheaths and Needles 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 Introducer Sheaths and Needles Market Size Forecast by Type
5.2.1 Introducer Sheaths
5.2.2 Needles
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Introducer Sheaths and Needles 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 Introducer Sheaths and Needles Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Introducer Sheaths and 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 Introducer Sheaths and 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 Introducer Sheaths and Needles Analysis and Forecast
9.1 Introduction
9.2 North America Introducer Sheaths and Needles 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 Introducer Sheaths and Needles Market Size Forecast by Type
9.6.1 Introducer Sheaths
9.6.2 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 Introducer Sheaths and Needles Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
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 Introducer Sheaths and Needles Analysis and Forecast
10.1 Introduction
10.2 Europe Introducer Sheaths and Needles 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 Introducer Sheaths and Needles Market Size Forecast by Type
10.6.1 Introducer Sheaths
10.6.2 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 Introducer Sheaths and Needles Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
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 Introducer Sheaths and Needles Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Introducer Sheaths and Needles 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 Introducer Sheaths and Needles Market Size Forecast by Type
11.6.1 Introducer Sheaths
11.6.2 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 Introducer Sheaths and Needles Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
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 Introducer Sheaths and Needles Analysis and Forecast
12.1 Introduction
12.2 Latin America Introducer Sheaths and Needles 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 Introducer Sheaths and Needles Market Size Forecast by Type
12.6.1 Introducer Sheaths
12.6.2 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 Introducer Sheaths and Needles Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
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) Introducer Sheaths and Needles Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Introducer Sheaths and Needles 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) Introducer Sheaths and Needles Market Size Forecast by Type
13.6.1 Introducer Sheaths
13.6.2 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) Introducer Sheaths and Needles Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
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 Introducer Sheaths and Needles Market: Competitive Dashboard
14.2 Global Introducer Sheaths and Needles Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Boston Scientific
14.3.2 Medtronic
14.3.3 Terumo
14.3.4 Abbott
14.3.5 Merit Medical
14.3.6 Cardinal Health
14.3.7 Cook Medical
14.3.8 Oscor
14.3.9 Teleflex
14.3.10 Biotronik
