Market Overview:
The global special purpose needles market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of chronic diseases, rising geriatric population, and technological advancements in medical devices. In addition, growing demand for minimally invasive procedures is also contributing to the growth of this market. On the basis of type, disposable needles are expected to dominate the global special purpose needles market during the forecast period. This can be attributed to their ease of use and low risk of infection as compared with reusable needles.
Product Definition:
A special purpose needle is a type of needle that is specifically designed for a particular task or use. Special purpose needles may be used for sewing, embroidery, quilting, or other types of needlework. They are typically smaller and more delicate than standard needles, making them better suited for tasks that require greater precision. Special purpose needles are also often available in a variety of different sizes and styles to meet the needs of specific projects.
Reuse Needle:
Reuse needle is a device used to inject medicines and fluids into patients. It consists of a hollow metal or plastic shaft with one or more attached needles. The most commonly used type of reuse needle is the single-use disposable type, which has an attached syringe containing the required dose for injection.
The global reuse needle market size was valued at USD 648 million in 2016.
Disposable Needle:
Disposable needles are used in the medical field for various procedures. They are available in different sizes and shapes depending upon the procedure to be performed. The size of needle depends on the thickness of skin, vein structure, and muscle mass of patients. Disposable needles are made up of stainless steel or other metals like titanium which makes them strong enough to withstand pressure during injections without being bent or broken easily.
Application Insights:
The other application segment dominated the global special purpose needles market in 2017, accounting for over 60.0% share of the total revenue. The segment includes injections into joints, muscles and tendons as well as spinal injections. Increasing geriatric population and cases of musculoskeletal disorders are expected to be high impact rendering drivers for this segment during the forecast period.
Oral is estimated to be one of the fastest-growing segments owing to increasing incidences of dental diseases such as tooth decay.
Regional Analysis:
North America dominated the global market in 2017. The presence of sophisticated healthcare infrastructure, high adoption rate of advanced technologies, and increasing focus on quality medical products are some factors driving the regional demand. Moreover, rising prevalence of chronic diseases such as diabetes is expected to boost the product demand in this region. For instance, according to a study published by Diabetes Canada in 2015;diabetes rates have been increasing rapidly and it has become one of the leading causes for kidney disease among Canadian population aged 25 years and above. Thus, growing prevalence of chronic diseases is anticipated to drive special purpose needles market growth over next eight years.
Asia Pacific is expected to witness lucrative growth during forecast period owing to rising geriatric population base with respect high unmet medical needs coupled with improving economic conditions especially in developing countries such as China & India which are major manufacturing hubs for these products (reuse needle).
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 owing to the increasing preference for minimally invasive procedures over traditional open surgery procedures, due to their shorter recovery time and lesser surgical trauma. Special purpose needles are extensively used in minimally invasive surgeries, making this a key growth driver for the market.
- Rising prevalence of chronic diseases: The global prevalence of chronic diseases such as cancer, diabetes, and cardiovascular disorders is on the rise, leading to an increase in the demand for diagnostic and treatment procedures using special purpose needles. This is further fuelling the growth of the market.
- Technological advancements: The development of innovative technologies such as micro-needles and smart needles has led to an increase in adoption rates of special purpose needles among healthcare professionals worldwide. This is helping drive market growth by providing better patient outcomes at lower costs..
Scope Of The Report
Report Attributes
Report Details
Report Title
Special Purpose Needles Market Research Report
By Type
Reuse Needle, Disposable Needle
By Application
Oral, Reproductive, Skin Disease, Other
By Companies
Argon Medical Devices, Becton, Dickinson, B. Braun Medical, Dentsply Sirona, Medtronic, ETHICON, INRAD, Medline Industries, MIFAM, Smiths Medical International, Argon Medical Devices, TERUMO
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Special Purpose Needles Market Report Segments:
The global Special Purpose Needles market is segmented on the basis of:
Types
Reuse Needle, Disposable Needle
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
Oral, Reproductive, Skin Disease, 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:
- Argon Medical Devices
- Becton, Dickinson
- B. Braun Medical
- Dentsply Sirona
- Medtronic
- ETHICON
- INRAD
- Medline Industries
- MIFAM
- Smiths Medical International
- Argon Medical Devices
- TERUMO
Highlights of The Special Purpose 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:
- Reuse Needle
- Disposable Needle
- By Application:
- Oral
- Reproductive
- Skin Disease
- 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 Special Purpose 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?
Special purpose needles are designed for a specific task, such as embroidery or knitting. They may be shorter or thicker than standard needles, and have a specialized point that is better suited for the task at hand.
Some of the major companies in the special purpose needles market are Argon Medical Devices, Becton, Dickinson, B. Braun Medical, Dentsply Sirona, Medtronic, ETHICON, INRAD, Medline Industries, MIFAM, Smiths Medical International, Argon Medical Devices, TERUMO.
The special purpose 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 Special Purpose 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 Special Purpose Needles Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Special Purpose 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 Special Purpose 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 Special Purpose Needles Market Size & Forecast, 2020-2028
4.5.1 Special Purpose Needles Market Size and Y-o-Y Growth
4.5.2 Special Purpose 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 Reuse Needle
5.2.2 Disposable Needle
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 Oral
6.2.2 Reproductive
6.2.3 Skin Disease
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Special Purpose 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 Special Purpose 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 Reuse Needle
9.6.2 Disposable Needle
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 Oral
9.10.2 Reproductive
9.10.3 Skin Disease
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 Reuse Needle
10.6.2 Disposable Needle
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 Oral
10.10.2 Reproductive
10.10.3 Skin Disease
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 Reuse Needle
11.6.2 Disposable Needle
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 Oral
11.10.2 Reproductive
11.10.3 Skin Disease
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 Reuse Needle
12.6.2 Disposable Needle
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 Oral
12.10.2 Reproductive
12.10.3 Skin Disease
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 Reuse Needle
13.6.2 Disposable Needle
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 Oral
13.10.2 Reproductive
13.10.3 Skin Disease
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 Special Purpose Needles Market: Competitive Dashboard
14.2 Global Special Purpose Needles Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Argon Medical Devices
14.3.2 Becton, Dickinson
14.3.3 B. Braun Medical
14.3.4 Dentsply Sirona
14.3.5 Medtronic
14.3.6 ETHICON
14.3.7 INRAD
14.3.8 Medline Industries
14.3.9 MIFAM
14.3.10 Smiths Medical International
14.3.11 Argon Medical Devices
14.3.12 TERUMO
