"Patients affected by various infectious diseases are subject to long & umpteen number of medical tests, which are incomplete without the use of multipurpose and special needles such as sharps. Growing prevalence of infectious diseases such as cancer and diabetes are propelling demand for special purpose needles in the healthcare sector such as hospitals, clinics and medical stores. The global special needles market is expected to register a CAGR of XX% over the forecast period, 2018-2025.
Among various types of needles, Hypodermic needles are witnessing rapid demand, which in turn will contribute towards growth of the market in terms of revenue in the coming years. Besides various applications, special purpose needles will be mainly used for drug delivery purposes. Whereas, hospital pharmacies will be prominent distribution channel among others.
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Market Dynamics
Apart from infectious diseases, spinal disorders will further add to the list of factors fuelling demand for special purpose needles in hospitals and clinics over the following decade. Furthermore, imposition of government regulations regarding advanced healthcare systems, safe usage of needles, surge in government support and joint efforts by supply chain executives to increase efficiency will boost demand for special purpose needles. However, growing awareness regarding needle-free injection technology in parallel with high cost of special purpose needles will restrain growth of the market in the coming years. Moreover, instances of product recalls due to low quality are further inhibiting growth of the market.
Collaborations between private medical companies and government, in order to spread awareness among patients regarding unsafe usage of used needles is a prominent trend witnessed in the market over the following decade. Furthermore, companies operating in the market are mainly directing their efforts to offer production of user-friendly safety needles in order to prevent needle injuries that could propagate HIV and other blood borne diseases.
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Regional Analysis
In terms of revenue, the market in North America will grow at a CAGR of XX% and will reach a market value of US$ XX Mn by the end of 2026. Whereas, the market in APEJ will grow relatively fast at a CAGR of XX% in the span of next ten years. Collectively, the markets in North America, APEJ and Western Europe will account for XX% market share in 2018.
Vendor Insights
Some major market players operating in the global special purpose needles market include Medtronic, Becton, B. Braun Melsungen AG, Dicksen and Company, Smiths Medical, Terumo Corporation, Nove Nordisk A/S, Boston Scientific Corporation, NIPRO Medical Corporation, Stryker Corporation, Argon Medical Devices, Inc., SERAG-WEISSNER GmbH & Co. and Cook Medical."
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Patients affected by various infectious diseases are subject to long & umpteen number of medical tests, which are incomplete without the use of multipurpose and special needles such as sharps. Growing prevalence of infectious diseases such as cancer and diabetes are propelling demand for special purpose needles in the healthcare sector such as hospitals, clinics and medical stores. The global special needles market is expected to register a CAGR of 7.5% over the forecast period, 2016-2026.
Among various types of needles, Hypodermic needles are witnessing rapid demand, which in turn will contribute towards growth of the market in terms of revenue in the coming years. Besides various applications, special purpose needles will be mainly used for drug delivery purposes. Whereas, hospital pharmacies will be prominent distribution channel among others.
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Market Dynamics
Apart from infectious diseases, spinal disorders will further add to the list of factors fuelling demand for special purpose needles in hospitals and clinics over the following decade. Furthermore, imposition of government regulations regarding advanced healthcare systems, safe usage of needles, surge in government support and joint efforts by supply chain executives to increase efficiency will boost demand for special purpose needles. However, growing awareness regarding needle-free injection technology in parallel with high cost of special purpose needles will restrain growth of the market in the coming years. Moreover, instances of product recalls due to low quality are further inhibiting growth of the market.
Collaborations between private medical companies and government, in order to spread awareness among patients regarding unsafe usage of used needles is a prominent trend witnessed in the market over the following decade. Furthermore, companies operating in the market are mainly directing their efforts to offer production of user-friendly safety needles in order to prevent needle injuries that could propagate HIV and other blood borne diseases.
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Regional Analysis
In terms of revenue, the market in North America will grow at a CAGR of 8.2% and will reach a market value of US$ 5,506.7 Mn by the end of 2026. Whereas, the market in APEJ will grow relatively fast at a CAGR of 7.7% in the span of next ten years. Collectively, the markets in North America, APEJ and Western Europe will account for 74.7% market share in 2016.
Vendor Insights
Some major market players operating in the global special purpose needles market include Medtronic, Becton, B. Braun Melsungen AG, Dicksen and Company, Smiths Medical, Terumo Corporation, Nove Nordisk A/S, Boston Scientific Corporation, NIPRO Medical Corporation, Stryker Corporation, Argon Medical Devices, Inc., SERAG-WEISSNER GmbH & Co. and Cook Medical.
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A new study by the company titled 'Prothrombin Complex Concentrates Market: Global Industry Analysis 2013–2017 and Opportunity Assessment 2018–2028', has listed out the key points being considered by the companies operating in the prothrombin complex concentrates market to emerge and stay sustainably profitable in the long run.
North America and Western Europe are expected to be dominant markets for prothrombin complex concentrates, as most of the manufacturing facilities of prothrombin complex concentrates are located in these regions.
Direct healthcare costs including drug and hospital costs in Europe are approximately US$ 400,000 for prothrombin complex concentrates, whereas for warfarin withdrawal therapy, it was approximated US$ 1,200,000.
Request a Sample Report with Table of Contents and Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-7032Manufacturers tend to depend on plasma as a primary precursor to manufacture prothrombin complex concentrates, and in the past, they relied on third-party sources for plasma.
The key players operating in the market, such as CSL Behring & Shire, have scaled up their focus on depending on their own sources for plasma.Compound pharmacies, retail pharmacies, and hospital pharmacies distributing prothrombin complex concentrates are the primary point of contact for patients experiencing hemophilia B and other disorders.
The growing demand for cost-effective diagnostic options is also expected to propel the growth of the global prothrombin complex concentrates market over the forecast period.The manufacturers of prothrombin complex concentrates are particularly focusing on acquisitions, collaborations, and opening plasma banks, where joint collaboration with various organizations is the prime activity to spread awareness regarding the efficiency of prothrombin complex concentrates.
Breast cancer is the most common form of cancer in women in both the developed and developing world.
Predictive breast cancer gene tests can be used to identify women who are at increased risk of developing hereditary breast cancer.
The global predictive breast cancer gene testing market is segmented on the basis of patient type, end users, and geography.Predictive gene testing mentors are used to detect disease or disorder inherited by analyzing gene mutations associated with particular inherited disease or disorder.
Predictive gene testing is also known as presymptomatic testing due to the fact that this test is performed even before the early signs of the disease or disorder are observed and thus enable determining person’s risk of suffering disease or disorder.Download Sample Report @ https://www.millioninsights.com/industry-reports/predictive-breast-cancer-gene-testing-market/request-samplePredictive breast cancer gene testing is performed to identify risk of breast cancer in a person having a family history of breast cancer.
Considering the advantages of early detection of breast cancer, governments worldwide have started taking initiatives to spread awareness about breast cancer and the early detection techniques available in their respective territories.Growing breast cancer incidences worldwide is another major cause of concern for governments worldwide to focus on awareness programs to reduce the morbidity rate breast cancer.
On the other hand, factors such as acquisition of small market entrants by big players higher initial cost required to start a new facility and the requirement of robust intellectual property to ensure sustenance are restraining the growth of the global predictive breast cancer market.On the basis of patient type, the global predictive breast cancer gene testing market is segmented into age, family history, and gender, and so on.
Predictive Breast Cancer Gene Testing Market is the most common form of cancer in women in both the developed and developing world.
Predictive breast cancer gene tests can be used to identify women who are at increased risk of developing hereditary breast cancer.
The global predictive breast cancer gene testing market is segmented on the basis of patient type, end users, and geography.
Predictive gene testing is also known as presymptomatic testing due to the fact that this test is performed even before the early signs of the disease or disorder are observed and thus enable determining person’s risk of suffering disease or disorder.
Growing breast cancer incidences worldwide is another major cause of concern for governments worldwide to focus on awareness programs to reduce the morbidity rate breast cancer.
On the other hand, factors such as acquisition of small market entrants by big players higher initial cost required to start a new facility and the requirement of robust intellectual property to ensure sustenance are restraining the growth of the global predictive breast cancer market.
The global nitrogenous fertilizers market size is projected to reach USD 140.51 billion by the end of 2026.
According to a report published by Fortune Business Insights, titled "Nitrogenous Fertilizers Market Size, Share and Industry Analysis, By Type (Urea, Calcium Ammonium Nitrate, UAN, Ammonium Sulphate, and Other Nitrogenous Fertilizers), By Crop Type (Cereals, Pulses and Oilseeds, Fruits and Vegetables, and Turf and Ornamentals), and Regional Forecast, 2019 2026,”the market was worth USD 113.70 billion in 2018 and will exhibit a CAGR of 2.73% during the forecast period, 2019-2026.Nitrogenous fertilizers are products that are produced through combination of substances that are inclusive of nitrogen.
Recent advances in agricultural activities will emerge in favor of the companies operating in the market.
The increasing number of agricultural subsidies will bode well for nitrogenous fertilizer vendors across the globe.
Increasing Number of Company Collaborations Will Aid Market GrowthThe report encompasses several factors that have contributed to the growth of the market in recent years.
The increasing number of company mergers and acquisitions has had a massive impact on the growth of the market.
The global Orthodontic Supplies Market is expected to reach USD 6.63 Billion by 2023, at a CAGR of 8.9%.The Research report provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends, and strategies impacting the Overall Market, along with revenue estimates & forecasts and Industry share analysis.The growing number of patients with malocclusions, jaw diseases, tooth decay/tooth loss, and jaw pain; increasing disposable incomes and expanding middle-class population in developing countries; increasing awareness about advanced orthodontic treatments; and ongoing research and technological advancements in orthodontic products are the key factors driving the growth of this market.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=236529189Orthodontic Supplies Market segmentation:Based on products, the market is categorized into fixed braces, removable braces, adhesives, and accessories.
The fixed braces segment is expected to account for the largest share of the global market in 2018.
Factors such as better affordability as compared to removable braces, effective outcomes, and the huge demand for these braces in emerging countries such as India, China, and Brazil are propelling growth in this segment.Based on patients, the orthodontic supplies market is segmented into children and teenagers and adults.
The adult’s patient segment is estimated to witness the highest growth during the forecast period.
The growth in this segment is driven by the huge adult population base, growing concern of facial aesthetics, availability of advanced orthodontic products, such as aesthetic braces and invisible braces, and increasing disposable incomes in various parts of the world.Market Dynamics: The orthodontic supplies market is mainly driven by factors such as the growing number of patients with malocclusions, jaw diseases, tooth decay/tooth loss, and jaw pain; increasing disposable incomes and the expanding middle-class population in developing countries; increasing awareness about advanced orthodontic treatments; and ongoing research and technological advancements in orthodontic products.
The emerging markets in APAC and RoW are expected to present growth opportunities for players in the market.On the other hand, unfavorable reimbursement policies and limited insurance coverage for orthodontic treatments, the risks and complications associated with orthodontic treatments, and the high cost of advanced orthodontic treatments in some nations are expected to limit market growth to a certain extent during the forecast period.The Major Players Operating in the Orthodontic Supplies Market:The major players in the market profiled in this report are Align Technology, Inc. (US), 3M Company (US), and Danaher Corporation (US), Henry Schien, Inc. (US), American Orthodontics (US), DENTSPLY SIRONA, Inc. (US), Rocky Mountain Orthodontics (US), G Orthodontics (US), DENTAURUM GmbH & Co. (Germany), TP Orthodontics, Inc. (US), ClearCorrect (a subsidiary of Straumann Holding AG, Switzerland), Ultradent Products, Inc. (US) Great Lakes Orthodontics, Ltd. (US), DB Orthodontics (UK), and Dental Morelli Ltda.
