rising prevalence of chronic diseases is driving the Safety Blood Collection Needle Market
Technavio analyzes that the Safety Blood Collection Needle Market is expected to grow at a CAGR of 6.3% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 420 million.There are various factors that contribute to the growth of the market. The Safety Blood Collection Needle market is experiencing significant growth due to the increasing prevalence of chronic diseases worldwide. Chronic conditions such as diabetes, hepatitis, and HIV/AIDS necessitate frequent blood tests for monitoring and management. Safety blood collection needles offer enhanced patient safety and reduced risk of infection, making them a preferred choice in healthcare settings. As a result, the market for these needles is projected to expand at a steady pace in the coming years.
In the realm of medical devices, Safety-engineered manual blood collection needles have emerged as a preferred choice for healthcare professionals due to their enhanced safety features. These needles, crafted from cold-rolled stainless steel and featuring thin-walled, larger internal diameter designs, are designed to minimize the risk of needlestick injuries. The manual engagement mechanism ensures that the needle is securely covered post-use, making these needles a cost-effective solution compared to their automatic counterparts. Notable industry leaders, such as Becton, Dickinson and Company (BD), have capitalized on this trend by offering a range of manual safety blood collection needles. One such offering is the BD Eclipse safety needle, which boasts safety-engineered design and multisample capabilities, streamlining the blood collection process while maintaining the highest safety standards. Another example is the BD Vacutainer Eclipse blood collection needle, a safety-engineered solution that delivers efficient, reliable, and secure blood sampling. These needles undergo rigorous sterilization processes, including ethylene oxide, ensuring the highest levels of patient safety.
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Safety Blood Collection Needle Market Segmentation
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In the context of blood collection, safety is paramount to prevent injuries for both patients and healthcare workers. Blood collection needles, made of cold-rolled stainless steel or thin-walled needles with larger internal diameters, are essential tools. However, compromised gloves during blood draws pose a risk of inadvertently sharing fluids. To mitigate this, discard and change gloves between draws. Patients and healthcare workers should handwash and use alcohol-based cleaners before handling needles. Safety features like recapped needles, tube-holder assemblies, and sterilized blood collection units prevent contaminated needles and blood samples from passing out. These measures ensure a firm grip on the needle and prevent injuries.
In the expansive global healthcare supplies market, sectors focusing on the research and development of medical consumables, including blood collection needles and gloves, contribute significantly. According to Technavio's market analysis, the healthcare supplies industry's size is determined by the consolidated revenue generated by manufacturers of various medical supplies, such as syringes, drapes, gloves, and gowns. Factors driving growth in this sector include an aging population, with nearly one-quarter of the US population and similar proportions in Europe projected to be over 60 years old by 2050 and 2030, respectively. This demographic shift increases the demand for medical supplies in the healthcare industry, particularly in the areas of blood draws and patient safety. However, compromised gloves during the blood collection process can lead to inadvertent fluid exposure, necessitating the discard and subsequent change of gloves. Ensuring safety in blood collection is crucial to mitigate potential health risks and maintain the highest standards of patient care.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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