(Health-NewsWire.Net, November 14, 2017 ) According to the report Middle East and Africa Needles Market, published by Market Data Forecast, the Middle East and African market is projected to reach USD 0.69 billion by 2021, at a CAGR of 7.4% from 2016 to 2021.
Needles are thin pointed devices used to inject or draw fluids from the human body among other activities. They comprise of an extremely thin body with a pointy end, consisted of a hollow tube in the case of medical needles. It is usually used along with a syringe. The material used in a syringe is either plastic or glass depending on the nature of application and syringes usually have the shape of a cylinder with a piston at the end.
Needles find the most usage in the medical field where it is used in several fields with specialized needles available for acupuncture, surgery and hypodermic needles. The hypodermic needle is the most common type consisting of the hollow tube mentioned earlier. Hypodermic needles also serve an important role in research activities where a sterile environment is required.
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Middle East and Africa Needles Market: Drivers & Restraints
The Middle East and Africa Needles market is driven by the increasing prevalence of chronic diseases in the region. The rising prevalence of cardiovascular diseases along with the increasing population and the growing economy has led to better healthcare services coming up in the region. This acts as a driver for the Middle East and Africa Needles market. Additionally, the development of the medical sector has also resulted in the availability of a wide variety of needles. The only constraint for the market is that the risk of delivery of drugs through needles is high as compared to other modes of drug delivery.
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Middle East and Africa Needles Market: Segmentation
Blood Collection Needles
By Delivery Mode
Stainless Steel Needles
By End User
Hospitals & Clinics
Other End Users
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Middle East and Africa Needles Market: Overview
Of the segments of Needles, standard or conventional needles have the highest market share whereas the safety needles sub-segment is expected to show the highest growth rate in the forecast years. Another segment which shows promise in the coming years is pen needles which is driven majorly by the rising prevalence of diabetes and dysfunctionality of the pancreas.
Middle East and Africa Needles Market: Region-wise Outlook
Middle East and African Needles Market is segmented into Saudi Arabia, Qatar, South Africa, Israel, Egypt, UAE and rest of Africa. UAE is the top marketplace for Middle East and Africa Needles. Almost all the markets in the region are developing and of these South Africa is expected to show the highest growth rate among them.
Key Questions Answered
What is the current and future Needles market outlook in Middle East and Africa? What trends are affecting the Middle East and African market?
What is the competitive landscape and market share of major players in the Needles market space in Middle East and Africa?
What are the key, high growth markets that Needles manufacturers should expand into? Which market segments are growing the fastest?
What are the unmet needs with the Needles currently on the market? How will emerging technologies fulfil these unmet needs?
What is physician perception and market outlook of Needles?
What are the challenges and barriers that have hindered widespread adoption of Needles?
Middle East and Africa Needles Market: Key Players
The major players in the Middle East and Africa nuclear medicine market are Becton, Dickinson and Company, B. Braun Melsungen AG, Terumo Corporation and Smiths Medical, Terumo Corporation, Smiths Medical, and Thermo Fisher Scientific.
Reasons to buy Middle East and Africa Needles Market Report:
Regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porters Five Forces Analyses
A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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