Huber Needles Market: Global Industry Analysis and Forecast (2023-2029)

Huber Needles Market was valued at US$ 44.34 Mn. in 2022. Global Huber Needles Market size is expected to grow at a CAGR of 5.6% through the forecast period.
Huber Needles Market Overview:
The Huber needle is especially designed hollow needle that is used with a port-a-Cath chemotherapy port. The needle has a long incline that can pass through the skin as well as the silicon barrier of the implanted port reservoir in the order to provide a tremendous amount of comfort to the cancer patient while receiving chemotherapy without suffering. Huber needles are widely used in hospitals oncology centers, clinics and ambulatory surgical centers. Huber needles are used in lab band adjustment, dialysis, blood transfusion and intravenous cancer treatment. Hello how are noodles are hollow and non-coring which makes them ideal for use in penetrating skin and reaching ports safety and effectively. These needles are easy and safe to use, easy to dispose after use, hence holds a high market demand.To know about the Research Methodology :- Request Free Sample Report
Huber Needle Market COVID 19 Insights:
The Coronavirus Disease (COVID-19) has created an economic crisis as well as a health care crisis. The COVID19 pandemic has stretched health care systems around the world, and developed countries are forecast to cause an economic downturn. The COVID19 pandemic is having a negative impact on the healthcare system, causing revenue from March to drop between 50% and 70%. Many small hospitals, clinics and nursing homes were forced to close.

Due to social distancing and local curfews, elective surgical procedures have been delayed. In addition, visa cancellations have resulted in disruptions to medical tourism and may negatively impact the growth of the healthcare services market, but the COVID19 outbreak has moderated the growth of the Huber Needles market. The surge in coronavirus infections around the world is straining the healthcare industry. As cancer and dialysis patients have less immunity and are therefore more susceptible to coronavirus infections, increasing demand for Huber needles amid the pandemic.
Market Dynamics:
The drivers of the Huber needle Market:

Increased unhealthy lifestyle, poor lifestyle in today’s time is considered one of the leading causes of cancer. Around 42 % of cancer cases are due to unhealthy lifestyle which include smoking, chewing tobacco, alcohol consumption etc. as the disease related to lifestyle increases the market of Huber needle will witness growth. Since Huber needles is mainly associated with the chemotherapy the Huber needle market will increase as the disease prevalence increases due to the poor lifestyle.

Increased accessibility of quality therapy, as patients are seeking chemotherapy over surgical treatments this leads to increased scope for the Huber needle market. The surgical treatments are costly and risky hence the most preferred treatment form for the diseases is chemotherapy. Also, there are some forms of medications that can’t be administered via oral route then the Huber needle is used. As the quality of treatment all over the globe is improving the use of advance medical device will see a rise.

Increased medical tourism, according to the Medical Travel Association (MTA), about 14 million people around the world travel to other countries for medical care each year. The dramatic advances in healthcare through the introduction of medical devices and non-invasive surgical procedures are the main factors driving the increase in tourism for medical procedures around the world. Medical tourism has gained momentum in recent years in high-income countries like the United States. The increase in the medical tourism will directly help to increase the Huber needles market.

Strict Government regarding Patient safety, government regulations on patient safety and reduction of needlestick injuries are growth drivers for the Huber needle market. Huber needle is safer and more effective when compared with other needle for administration of the drugs in the body. New medical device technologies necessarily balance safety concerns with the promise of improved medical care.

Increased disease prevalence, the rapid proliferation of infectious diseases coupled with the rise of chronic diseases will aid the growth of the medical devices market. The increased risk of disease and prevalence across the globe will ultimately lead to increase in the sales of medical devices which also includes the Huber needle market.

The restrains of Huber needle market:

Increase risk of Infection, the risk of infection associated with Huber needles is expected to hinder the growth of the Huber needle market. When using a Huber needle, the caregiver has to gain multiple access to the implanted port and puncture the silicone septum with a hornless Huber needle. Needle Huber is at high risk of needlestick injury when the needle is withdrawn.

High price of Huber needles and lack of innovation, the high price of Huber needles have affected the market as the patients who cannot afford the needles may switch to other form of alternatives. The high price for the standard Huber needles may affect the sales of the Huber needles negatively.
Huber Needles Market Segment Analysis:
Based on type, the needles is segmented into coring and non-coring Huber needles. The Non coring needles are designed at a 45 ° angle at the needle tip. This is done to reduce the chance that the septum will be sheared during insertion. With standard bevel needle designs, shear during insertion can damage the septum.

Non coring needles are used mostly because it prevents it prevents needle from calling out plugs of silicon from the septum or tissue when assessing the port and inadvertently administering them systematically into the patient.

Based on application, the market is segmented into blood transfusion, application for cancer, parental nutrition. Among these the Huber needle is mostly used for blood transfusion. Around 118.4 million blood donations are carried out globally, hence the market for Huber needles is most in the blood transfusion application. As to transfuse blood new needles are used and which directs high scope of Huber needle market.Huber needle market can be segmented based on end user, based on end used the market is segmented into hospital, nursing homes, clinics and ambulatory surgical centers. As most of the patients visit hospital rather than clinics and other medical centers. Since out patients and in patients are more in hospitals than other medical centers the sales of Huber needle is seen maximum in the hospitals. Hence the companies targeting the hospital for their sale of Huber needles will more profitable.
Regional Insights:
The North America region dominated the market with 42 % share in 2022. The North America region is expected to witness significant growth at a CAGR of 5.6% through the forecast period due to increasing life style disease such as diabetes and other chronic disease.

The huber needle market in Asia Pacific is expected to grow rapidly as healthcare infrastructure improves and government support for people grows. Other regions, including as the Middle East and Africa, and South America, are likely to be attractive markets for huber needle in the near future, given to high rates of adoption of innovative medical equipment, as well as the rapid expansion of the health-care business in these areas.

The objective of the report is to present a comprehensive analysis of the market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the Huber Needles Market dynamic, structure by analyzing the market segments and projecting the Huber Needles Market size. Clear representation of competitive analysis of key players by Vehicle type, price, financial position, product portfolio, growth strategies, and regional presence in the Huber Needles Market make the report investor’s guide.
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 Huber Needles Market


Base Year
2022
Forecast Period
2023-2029


Historical Data
CAGR
Market Size in 2022
Market Size in 2029


2018 to 2022
5.6%
US$ 44.34 Mn
US$ 64.94 Mn


Segments Covered


by Type
Coring Huber Needle
Nin-coring Needle
by Application
Blood Transfusion
Application for cancer
Parenteral nutrition
by End User
Hospitals
Clinics
Nursing homes
Ambulatory surgical centers


Regions Covered


North America
United States
Canada
Mexico
Europe
UK
France
Germany
Italy
Spain
Sweden
Austria
Rest of Europe
Asia Pacific
China
S Korea
Japan
India
Australia
Indonesia
Malaysia
Vietnam
Taiwan
Bangladesh
Pakistan
Rest of APAC
Middle East and Africa
South Africa
GCC
Egypt
Nigeria
Rest of ME&A
South America
Brazil
Argentina
Rest of South America



Huber Needles Market Key Players are:
1. B. Braun Medical Inc.
2. Exel International
3. Smith’s medical
4. Nipro medical corp.
5. Baxter International Inc.
6. Novo Nordisk
7. C.R, Bard
8. Thiebaud S.A.S.
9. AngioDynamics
10.Vygon S.A
11.BD Company
12.Exelint International Co.
13.Medsurg
14.Medtronic
15.Boston scientific
16.Argon Medical Devices
17.Terumo Corporation
18.Hamilton syringes
19.Hi-tech Medical Devices

Frequently Asked Questions:

1] What segments are covered in the Global Huber Needles Market report?
Ans. The segments covered in the market report are based on Type, Application and End User.

2] Which region is expected to hold the highest share in the Global Huber Needles Market?
Ans. The North America region is expected to hold the highest share in the Huber Needles Market.

3] What is the market size of the Global Huber Needles Market by 2029?
Ans. The market size of the market by 2029 is expected to reach US$ 64.94 Mn.

4] What is the forecast period for the Global Huber Needles Market?
Ans. The forecast period for the market is 2023-2029.

5] What was the market size of the Global Huber Needles Market in 2022?
Ans. The market size of the market in 2022 was valued at US$ 44.34 Mn.