Filter Needles Market Size, Share & Trends Report 2023-2030: Global Analysis By Raw Material (Stainless Steel, Glass), And End-use (Hospital, Clinics, Ambulatory Surgery Centers) – ResearchAndMarkets.com

The “Filter Needles Market Size, Share & Trends Analysis Report By Uncooked Materials (Stainless Metal, Glass, Others), By Finish-use (Hospital, Clinics, Ambulatory Surgical procedure Facilities, Others), By Area, And Phase Forecasts, 2023 – 2030″ report has been added to ResearchAndMarkets.com’s providing.

The worldwide filter needles market dimension is anticipated to achieve USD 2.9 billion by 2030. The market is anticipated to increase at a CAGR of seven.5% from 2023 to 2030.

The rising geriatric inhabitants, technological developments, and rising prevalence of persistent wounds are the important thing components driving the market. The rising prevalence of varied persistent wounds throughout the globe is anticipated to drive the market over the forecast interval. Among the prevailing persistent wounds are diabetic foot ulcers, venous leg ulcers, and strain ulcers.

Diabetic foot ulcers usually happen as a result of extended diabetes or low blood glucose degree in sufferers. The rising fee of diabetes in all age teams throughout the globe is a significant component chargeable for the excessive prevalence of diabetic foot ulcers. As per research carried out by the Nationwide Heart for Biotechnology Info (NCBI), in 2017, the prevalence fee of diabetic foot ulcers in North America was 13.0% (highest), 5.5% in Asia, 7.2% in Africa, 5.1% in Europe, 1.5% in Australia, 16.6% in Belgium, 14.8% in Canada, and 13.0% within the U.S.

The incidence fee of strain ulcers is rising owing to a quickly getting older inhabitants and a rise within the incidence of disabilities throughout the globe. Within the U.S., round USD 11.0 billion is spent per 12 months on strain ulcers, as per the NCBI. Moreover, the prevalence fee of strain ulcers in nursing house sufferers is round 11.0% yearly, subsequently incidence and prevalence are anticipated to be excessive over the forecast interval.

A venous leg ulcer is an open lesion between the ankle joint and knees primarily triggered as a result of venous illness. It’s the commonest leg ulcer and the prevalence fee of venous leg ulcers ranges from 0.18% to 1.0%, as per NCBI. Venous leg ulcers are essentially the most superior type of persistent venous problems and the recurrence fee of those ulcers is greater than 70.0%. Such a excessive prevalence of persistent wounds is anticipated to spice up market development over the forecast interval.

Filter Needles Market Report Highlights

  • By way of income, the stainless-steel phase held the most important market share in 2022 as a result of presence of a number of gamers providing this product and low worth
  • The hospitals phase held the most important income share in 2022 owing to the rising variety of hospitals throughout the globe
  • In Asia Pacific, the market is anticipated to witness the quickest development over the forecast interval owing to the rising street accident instances on this area

Firm Profiles

  • BD
  • Cardinal Well being
  • Myco Medical
  • Stryker
  • B.Braun SE
  • Sol-Millennium
  • Terumo Company
  • ICU Medical Inc.

Key Attributes:

Report Attribute Particulars
No. of Pages 110
Forecast Interval 2022 – 2030
Estimated Market Worth (USD) in 2022 $1.6 Billion
Forecasted Market Worth (USD) by 2030 $2.9 Billion
Compound Annual Progress Fee 7.5%
Areas Lined International

Key Subjects Lined:

Chapter 1. Methodology and Scope

Chapter 2. Government Abstract

2.1. Market Outlook

2.2. Phase Outlook

2.2.1. Uncooked materials outlook

2.2.2. Finish use outlook

2.2.3. Regional outlook

2.3. Aggressive Insights

Chapter 3. Filter Needles Market Variables, Traits & Scope

3.1. Market Lineage Outlook

3.1.1. Mum or dad market outlook

3.1.2. Associated/ancillary market outlook

3.2. Penetration & Progress Prospect Mapping

3.3. Market Dynamics

3.3.1. Market driver evaluation

3.3.2. Market restraint evaluation

3.4. Filter Needles Market Evaluation Instruments

3.4.1. Business Evaluation – Porter’s

3.4.1.1. Provider energy

3.4.1.2. Purchaser energy

3.4.1.3. Substitution menace

3.4.1.4. Menace of latest entrant

3.4.1.5. Aggressive rivalry

3.4.2. PESTEL Evaluation

3.4.2.1. Political panorama

3.4.2.2. Technological panorama

3.4.2.3. Financial panorama

Chapter 4. Filter Needles: Uncooked Materials Estimates & Development Evaluation

4.1. Filter Needles Market, Key Takeaways

4.2. Filter Needles Market: Motion & Market Share Evaluation, 2022 & 2030

4.3. Stainless Metal

4.3.1. Chrome steel market estimates and forecasts, 2018 to 2030 (USD Million)

4.4. Glass

4.5. Others

Chapter 5. Filter Needles: Finish Use Estimates & Development Evaluation

5.1. Filter Needles Market, Key Takeaways

5.2. Filter Needles Market: Motion & Market Share Evaluation, 2022 & 2030

5.3. Hospitals

5.3.1. Hospitals market estimates and forecasts, 2018 to 2030 (USD Million)

5.4. Clinics

5.5. Ambulatory Surgical procedure Facilities

5.6. Others

Chapter 6. Filter Needles Market: Regional Estimates & Development Evaluation

6.1. Regional Outlook

6.2. Filter Needles Market by Area: Key Takeaways

Chapter 7. Aggressive Panorama

7.1. Latest Developments & Impression Evaluation, By Key Market Contributors

7.2. Firm/Competitors Categorization

For extra details about this report go to https://www.researchandmarkets.com/r/fk2b76

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