What is Bone Marrow Needles?
Bone marrow needles are used in illac bone puncture to suck bone marrow or inject the medicine. Some of the features of bone marrow needles products are Ergonomic handle provides excellent grip, Female luer slip for syringe connection, High-grade steel for outstanding durability, among others. Demand for bone marrow needles has increased, owing to the rise in the prevalence of blood diseases such as leukemia, aplastic anemia and others. For instance, in 2015, according to an article published by the National Cancer Institute, more than 405,815 people were suffering from leukemia. Therefore, the rising number of leukemia and other blood diseases are likely to be the prime drivers for market growth.
The market study is broken down by Type (Disposable and Reusable), by Application (Human and Veterinary) and major geographies with country level break-up.
Analysts at AMA Research estimates that Players from United States will contribute to the maximum growth of Global Bone Marrow Needles market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Medtronic plc (United States), Argon Medical Devices Inc. (United States), Tsunami Medical S.r.l. (Italy), CareFusion (United States), Argon Medical Devices (United States), Medtronic (Ireland), STERYLAB (Italy), Egemen International (Turkey), Biopsybell (Italy) and Depuy Synthes (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Jorgensen Laboratories, Inc. (United States) and Tenko International Group (United States).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Bone Marrow Needles market by Type, Application and Region.
On the basis of geography, the market of Bone Marrow Needles has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Length, the sub-segment i.e. 0-2cm will boost the Bone Marrow Needles market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Hospital Pharmacies will boost the Bone Marrow Needles market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Stainless will boost the Bone Marrow Needles market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Trend
- Technology Advancement regarding Bone Marrow Needles
Market Drivers
- Increase in Prevalence of Blood Diseases across the world
- Upsurge Geriatric Population and Well Established Health Care Infrastructure
Opportunities
- Increase in Demand for Effective Therapies and Improving Health Care Infrastructure in Developing Countries
- Growing Demand from Emerging Economics such as China, India, among others
Restraints
- Stringent Government Rules and Regulation
Challenges
- Lack of Awareness Regarding Bone Marrow Needles Products
Key Target Audience
Bone Marrow Needles Companies, Research and Development Companies, Government Regulatory Authorities, Product Sales and Distribution Companies, Market Research and Consulting Firms and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.