Analysis of Port Access Needles market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Port is a medical instrument which is installed under the skin. It is connected to a vein by a catheter. Beneath the skin, the port has a wall termed as septum, through which drugs are injected and blood samples are drawn as many times avoiding the discomfort of several pricks by a needle. Port Access Needles are used for puncturing already implanted port systems. Port Access Needles provide safety from injuries by a needle and any infection associated with it. Port Access Needles avoid chances of cross-contamination. They also protect against germs and bodily fluids.
In cancer treatments like, blood transfusions, chemotherapy, intravenous fluids and antibiotics injection requires treatment to the vein. Port systems are the safest to use and it also prevents repetitive administration of intravenous infusions. Port access needles are cannulas which ensure convenient puncturing processes. Port Access Needles also have safety lock systems so that there is no chance of infection post port puncturing.
Increasing incidence of cancer patients, obesity, chronic renal disease patients and patients requiring long term port system implantations is driving the Port Access Needles market. Improved awareness on the advantages of port over needle sticks for continuous, less chances of exposure to infections and lesser risk of complications are few of the major factors which will drive the Port Access Needles market over the period of forecast. Port systems are foreign materials which are implanted in the body and thus, can easily get affected and can lead to infections causing sepsis or even death.
This could decrease the use of port systems and Port Access Needles. Price erosion because of increasing competition and lack of any technological advancement could also hinder the growth of Port Access Needles market. Risk of Hemolysis due to small sized gauge of the needle could also be a restraint in the growth of Port Access Needles market.
Cancer treatment, specifically chemotherapy is the largest segment which requires port access needles because of the long term requirement of port implantation. Prenatal Nutrition for patients who require long time and repetitive dosages of drugs is also anticipated to grow during the forecast period. Non-coring port access needles come in various sizes, diameters and lengths and therefore, are expected to grow over the period of forecast. Port Access Needles with improved safety locks are contributing to the growth of the Port Access Needles market.
Luer-Lock Connectors are introduced to provide leak-free connections between two different parts. Hospital and long term care centers are expected to contribute to a moderate growth in the Port Access Needles market during the period of forecast owing it to increased health awareness, assessment and expenditure.
North America’s Port Access Needles market is expected to contribute the largest market share followed by the Europe’s Port Access Needles market, owing to the increase in number of patient population and the growing prevalence of chronic renal diseases, cancer and obesity. Asia Pacific’s Port Access Needles market is also estimated to grow at a high rate during the forecast period because of a significant improvement in health awareness, assessment and expenditure along with rapidly growing economy.
Larger economies like Germany, Japan, China, India, UK and Russia are also anticipated to grow over the period of forecast because of improved healthcare infrastructure related to awareness about medical insurance coverage and reimbursement policies.
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The major participants operating in the Port Access Needles market are
Companies are technologically advancing tubes and valves and are introducing better safety lock systems for improved safety post port puncturing.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Tentatively, the global Port Access Needles Market can be segmented on the basis of product type, geography and end users.
Based on the product type, the global Port Access Needles Market is segmented as:
Based on application, the global Port Access Needles Market is segmented as:
Based on end users, the global Port Access Needles Market is segmented as:
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The port access needles market is expected to garner a market value of US$ 65 Million by the end of 2028.
Asia Pacific to register a CAGR of 8% for port access needles market in the forecast period 2018-2028.
The port access needles market is expected to register a CAGR of 7% in the forecast period 2018-2028.
The port access needles market is worth US$ 50 million in 2022
The port access needles market is expected to have a CAGR of 7% through 2032 due to growing prevalence of chronic renal diseases
The port access needles market has fresh opportunities due to improved healthcare infrastructure.
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