Spinal Needles Market size and Key Trends in terms of volume and value 2018

Spinal needle are the medical devices generally used for the diagnostic or therapeutic purposes. These needles are inserted into spinal canal for the collection of cerebrospinal fluid (CSF) for diagnostic testing or drug administration for the treatment of diseases. The sample collected is mainly used for diagnosing diseases related to central nervous system. The global spinal needles market is chiefly driven by increasing prevalence of different brain and spinal diseases. Increasing prevalence of neurological disorders, generic population and increasing number of patients suffering from neurodegenerative disorders like Alzheimer’s and Parkinson’s disease are major driving factors for the market. Beside this, increasing awareness about diseases, increasing healthcare expenditure of people and increasing governmental support for the research and development also contribute for the growth of the market. Development of alternative diagnostic tests and misconception about spinal needles in people hampers the growth of market.

The global spinal needle market is expected to grow at a CAGR of 6.8% during the forecasted period 2017-2023.

Study objectives global spinal needles market

• Detailed information about the factors affecting the growth of the global spinal needles
• Detailed analysis of parent market with respect to all the possible segmentation of the market.
• Detailed analysis of emerging key players for the market with their effective strategies.
• Detailed Information about the present and forecasted market and factors that influences the market on global scale.
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global spinal needles market.
• Analysis of the market of the different factors like- Price Analysis, Supply Chain Analysis, Porters Five Force Analysis etc.
• Detailed information on the possible segments and sub segments of the market. And regional analysis of the market.
• Insights on the major countries in which this industry is blooming and to also identify the regions that are still untapped
• Detailed information on trends and the opportunities in various regions.

Key players for global spinal needles market

Boston Scientific (US), B. Braun (Germany), Medline Industries (US), Sarstedt (UK), BD (US), Smiths Medical (US), Halyard Health (US), Exel International (US), MYCO Medical (US), Wallach Surgical (US), Medtronic (UK), Novo Nordisk (Denmark), Stryker Corporation (US), Argon Medical Devices, Inc (Netherland), Cook Medical (US)

Segmentation

Global spinal needle market is segmented on the basis of type, application and end users.  On the basis of type, the market is segmented into atraumatic needle tips, directional spinal needles, pencil-point needles and others. On the basis of size, the market is segmented into 24G, 25G, 27G and other. On the basis of application, the market is segmented into diagnostic and therapeutic. And on the basis of end users, they are segmented into hospitals, clinics and other.

Intended Audience 

• Spinal needles manufacturers
• Spinal needles suppliers
• Research and Development (R&D) companies
• Independent research laboratories
• Market research and consulting service providers
• Medical research laboratories
• Academic medical institutes and universities

Regional analysis

Global spinal needle market is dominated by America. America’s spinal needle market is majorly driven by increasing number of spinal surgeries, increasing prevalence of different neurological disease and increasing awareness among the people. Well-developed healthcare sectors and increasing healthcare expenditure with rising prevalence of diseases has driven the Europe spinal needle market to acquire the second position. Asia Pacific region is expecting a faster growth for the market during forecasted period. Presence of huge patient population suffering from different infectious diseases is the major driving factor for the market in Asia Pacific region.

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The report for global spinal needles market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives a clear picture of the current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.

 

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