Huber Needle Market  to Raise at a CAGR of 6.3% over the Forecast Period

Huber needles are being used on a large scale in drug delivery, chemotherapy, blood sampling and transfusion. Increasing prevalence of blood-related diseases and the requirement to manage chronic diseases including long-term drug infusion and medication. These are some of the factors influencing the use of Huber needles. Increasing government spending on development of healthcare infrastructure in various countries is also a dynamic factor contributing to the growth of the global Huber needles market. The rise in cancer and renal diseases are also driving the demand for Huber needles.

The global market for Huber needles is expected to witness significant growth during 2017-2024, according to the report by Persistence Market Research. By the end of 2024, the global Huber needles market is projected to bring in more than US$ 50 Million revenue.

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Manufacturers are also increasingly investing in the research and development of new products ensuring safety and easy-to-use features. New production and testing methods are also being adapted to meet the increasing demand and testing to avoid any adverse health effects due to Huber needles. The Food and Drug Administration (FDA) has also introduced an anti-coring test for Huber needles. However, Huber needles are costly as compared to traditional needles and the risk of infection through Huber needles are likely to hamper the growth of the global Huber needles market.

The global market for Huber needles is expected to witness significant growth during 2017-2024, according to the report by Persistence Market Research. By the end of 2024, the global Huber needles market is projected to bring in more than US$ 50 Million revenue.

The Food and Drug Administration (FDA) has also introduced an anti-coring test for Huber needles. However, Huber needles are costly as compared to traditional needles and the risk of infection through Huber needles are likely to hamper the growth of the global Huber needles market.

Competitive Landscape

Some of the key players operating in the global Huber needles market are Baxter International Inc., NIPRO Medical Corporation, C. R. Bard, Inc., Smiths Medical, B. Braun Medical Inc., AngioDynamics, Inc., Exel International, Inc., Thiebaud S.A.S., and Vygon S.A.

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