In December 2021, the White House Office of National Drug Control Policy (ONDCP) announced the release of a model law for states to help expand access to syringe services programs (SSPs). These programs have a proven track record of reducing disease, increasing access to addiction treatment, improving public safety, and reducing costs. However, the availability of these programs is limited in many areas and some programs are hampered by outdated legislation. The release of this model law comes at a critical time when overdose deaths have reached a record high, and gives states a tool to help prevent overdoses.
The article cited AMA's "Global Intravenous Needles Market Study" explored substantial growth of %. According to the report, Rising Number of Customer from Online Channel is one of the primary growth factors for the market. Growing Geriatric Population and Increasing Demand for Vaccines
is also expected to contribute significantly to the Intravenous Needles market. Overall, Hospitals & Clinics
applications of Intravenous Needles, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The End User , such as Adult, is boosting the Intravenous Needles market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Material, such as Plastic, is boosting the Intravenous Needles market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Intravenous Needles market identified that the demand is rising in many different parts of the world as "Growing Demand from Emerging Economies, including China, India, among others". Furthermore, some recent industry insights like "In October 2021, Medtronic announces a first-of-its-kind Regional Open Innovation Platform in APAC to advance the future of healthcare technologies, today announced the launch of the Medtronic Open Innovation Platform (OIP) for APAC. The OIP will bring strategic collaboration in healthcare technologies from various innovators across the Asia Pacific and several stakeholders across the healthcare ecosystem through capability development and business organizations networking in the areas of medical technology and digital health" is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Intravenous Needles market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2021 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Intravenous Needles market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Intravenous Needles market size is calculated using market estimation process, the Intravenous Needles market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Intravenous Needles market size has been validated using both top-down and bottom-up approaches.