Market Trends of Venipuncture Needles and Syringes Industry
This section covers the major market trends shaping the Venipuncture Needles & Syringes Market according to our research experts:
Median Cubital Vein Segment is Expected to Dominate the Overall Market Growth
The median cubital vein in the antecubital fossa is the most commonly used site due to its accessibility and size, followed by the neighboring cephalic and basilic veins. Veins on the dorsal surface of the hand and wrist, radial part of the wrist, followed by dorsal and lateral parts of the ankle are used, but these must only be used if they can demonstrate proper circulation.
The major factors propelling the market growth are increasing diagnostic screening of many diseases that require the blood test, increasing awareness for disposable products. Moreover, increasing blood donation programs also propelling market growth.
North America Dominates the Market and Expected to do Same in the Forecast Period
North America is expected to dominate the overall venipuncture needles and syringes market, throughout the forecast period. The largest share is mainly due to the presence of key players and their usage of advanced medical technologies to develop. Furthermore, growing awareness among the population to use disposable products, an increase in the diagnostic test for any disease needs blood sample which therefore is useful to obtain results. The companies also have well-established direct channel collaboration with hospitals and clinics to serve the studied market.
