Market Overview:
The global pulmonary 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 respiratory diseases, growing demand for minimally invasive procedures, and technological advancements in pulmonary needles. Based on type, the global pulmonary needles market is segmented into tumor, infectious diseases, cardiovascular, and others. The tumor segment is expected to account for the largest share of the global pulmonary needles market in 2018. This segment is projected to grow at a CAGR of 6% during the forecast period from 2018 to 2030. The growth in this segment can be attributed to rising incidence of cancer and increasing use of targeted therapies for cancer treatment. Based on application, the global pulmonary needles market is divided into hospitals, specialty clinics, and others segments.
Product Definition:
Pulmonary needles are a type of medical needle that is specifically designed for use in the lungs. They have a smaller diameter than other types of needles, which makes them less likely to cause damage to the lungs when they are inserted. Pulmonary needles are used for a variety of purposes, including the administration of medication and the removal of fluid from the lungs.
Tumor:
Tumor is a group of cells that grow together to form a mass. A tumor can develop inside or outside of the body. Most common types of tumors are benign, although there are also malignant tumors. Benign tumors account for up to 80% of all human cancers and most commonly occur in adults aged 45-60 years; they generally grow to 2-3 cm in size and may remain asymptomatic (no symptoms).
Infectious Diseases:
Infectious diseases are a branch of medicine that deals with infections caused by germs. Germs are tiny organisms that cause disease. Some common infectious agents include bacteria, viruses, fungi and parasites. Infectious diseases can affect all races, sexes and ages but the risk is higher for people who share needles or perform operations under anesthesia.
Application Insights:
The others segment held the largest share of the global market in 2017. This segment includes surgical procedures such as transcatheter procedures, therapeutic interventions, and diagnostic tests. The infectious diseases application is expected to be one of the fastest-growing segments during the forecast period due to increasing prevalence of chronic conditions such as tuberculosis and HIV across various regions.
According to a study published by UNAIDS in 2018, there were 37 million people living with HIV across Sub-Saharan Africa region which accounted for 22% of total population living with HIV globally that year. Furthermore, another study states that around 60% of new cases diagnosed annually are estimated to be occurring among children under 15 years old globally which is a serious concern since most kids suffering from asthma are admitted into hospitals for treatment where this device can be used effectively resulting in high demand for these devices especially among pediatric population thus driving growth over forecast period.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a well-developed healthcare infrastructure, high awareness levels coupled with relatively higher disposable income and better access to health care facilities in this region. Moreover, an increase in R&D investments by various companies for development of innovative products is also expected to drive growth during the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to increasing prevalence of target diseases such as cancer, infectious diseases, and cardiovascular disorders coupled with rising patient awareness about available treatment options.
Growth Factors:
- Increasing incidence of respiratory diseases: The global incidence of respiratory diseases is increasing due to the changing lifestyle and environmental factors. This is expected to drive the demand for pulmonary needles in the coming years.
- Technological advancements: The development of innovative technologies in pulmonary needles has led to their wider adoption by physicians worldwide. This is likely to boost the growth of this market in the near future.
- Growing awareness about lung health: There is a growing awareness among people about lung health and its importance, which is likely to increase demand for pulmonary needles in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Pulmonary Needles Market Research Report
By Type
Tumor, Infectious Diseases, Cardiovascular, Others
By Application
Hospitals, Specialty Clinics, Others
By Companies
Cook Medical, BreStem Therapeutics, Somatex Medical Technologies, Medi-Globe, Boston Scientific, Argon Medical, Veran Medical Technologies
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
134
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Pulmonary Needles Market Report Segments:
The global Pulmonary Needles market is segmented on the basis of:
Types
Tumor, Infectious Diseases, Cardiovascular, Others
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, Specialty Clinics, 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:
- Cook Medical
- BreStem Therapeutics
- Somatex Medical Technologies
- Medi-Globe
- Boston Scientific
- Argon Medical
- Veran Medical Technologies
Highlights of The Pulmonary 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:
- Tumor
- Infectious Diseases
- Cardiovascular
- Others
- By Application:
- Hospitals
- Specialty Clinics
- 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 Pulmonary 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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- Correctly Positioning New Products
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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?
Pulmonary needles are a type of medical device used to insert a catheter into the lungs. Pulmonary needles are inserted through the side of the ribcage and passed through to reach the lungs.
Some of the major companies in the pulmonary needles market are Cook Medical, BreStem Therapeutics, Somatex Medical Technologies, Medi-Globe, Boston Scientific, Argon Medical, Veran Medical Technologies.
The pulmonary needles market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pulmonary 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 Pulmonary Needles Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pulmonary 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 Pulmonary 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 Pulmonary Needles Market Size & Forecast, 2020-2028
4.5.1 Pulmonary Needles Market Size and Y-o-Y Growth
4.5.2 Pulmonary 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 Tumor
5.2.2 Infectious Diseases
5.2.3 Cardiovascular
5.2.4 Others
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 Specialty Clinics
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pulmonary 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 Pulmonary 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 Tumor
9.6.2 Infectious Diseases
9.6.3 Cardiovascular
9.6.4 Others
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 Specialty Clinics
9.10.3 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 Tumor
10.6.2 Infectious Diseases
10.6.3 Cardiovascular
10.6.4 Others
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 Specialty Clinics
10.10.3 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 Tumor
11.6.2 Infectious Diseases
11.6.3 Cardiovascular
11.6.4 Others
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 Specialty Clinics
11.10.3 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 Tumor
12.6.2 Infectious Diseases
12.6.3 Cardiovascular
12.6.4 Others
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 Specialty Clinics
12.10.3 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 Tumor
13.6.2 Infectious Diseases
13.6.3 Cardiovascular
13.6.4 Others
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 Specialty Clinics
13.10.3 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 Pulmonary Needles Market: Competitive Dashboard
14.2 Global Pulmonary Needles Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cook Medical
14.3.2 BreStem Therapeutics
14.3.3 Somatex Medical Technologies
14.3.4 Medi-Globe
14.3.5 Boston Scientific
14.3.6 Argon Medical
14.3.7 Veran Medical Technologies
