The rising adoption of spinal anesthesia for various diseases such as orthopedic surgery on the pelvis, hip, femur, and knee amongst others including joint replacement, vascular surgery, endovascular aortic aneurysm repair and in transurethral resection of the prostate and transurethral resection of bladder tumors amongst others is driving the adoption of spinal needles across hospitals and specialty clinics. However, the proliferation of number of patients with brain infection, diseases or disorders across both developed and developing nations like United States, France, Germany, and United Kingdom amongst others is expected to further influence the growth of spinal needles market. For instance, according to studies, on an average 1.2 Mn people aged 18 or above are diagnosed with the onset of brain diseases in the United States annually. The study also highlighted that about 13.3 Mn to 16.1 Mn individuals of the same age group are diagnosed with severe brain disorders every year in the country. Similarly, Europe has experienced a surge in the number of patients being affected with neurological diseases across the region. According to European Academy of Neurology, approximately 60% of the European population suffer from some kind of neurological disorders such as Alzheimer. Thus, the adoption of spinal needles to extract cerebrospinal fluid for the analysis and treatment of the brain and neurological disorders is expected to witness incremental demand, thereby contributing towards the growth of global spinal needles market over the forecast period.
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The delivery of spinal anesthesia to Covid-19 active patients for various surgeries was declared safe for both, the patients and the anaesthetists, according to a retrospective study conducted in Zhongnan Hospital, Wuhan, China in March 2020. In the duration of this study, 45 out of 49 covid positive patients were given spinal anesthesia, to identify the risk exposed to doctors and patients during the surgery. The study indicated positive results for the doctors who performed the procedure using level 3 personal protection equipments (PPE) on patients undergoing surgeries such as caesarean section and lower back surgeries amongst others. These factors indicate positive growth trajectory for global spinal needles market over the coming years.
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In terms of revenue, global spinal needles market was valued at US$ 208.34 Mn in 2019 and is anticipated to grow at a CAGR of 4.9% over the forecast period (2020-2028). The study analyses the market in terms of revenue across all the major regions, which have been bifurcated into countries.
The detailed research study provides qualitative and quantitative analysis of global spinal needles market. The market has been analyzed from demand as well as supply side. The demand side analysis covers market revenue across regions and further across all the major countries. The supply side analysis covers the major market players and their regional and global presence and strategies. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
Key Findings of the Report:
- The application of spinal needles for regional anesthesia segment is expected to register substantial growth in the global spinal needles market. This growth is attributed to its rising adoption across hospitals to perform surgeries on patients with minimum pain during the process.
- Online distribution channel is expected to showcase significant growth in the global spinal needles market over the forecast period. Manufacturers are increasingly adopting third-party e-commerce websites for product distribution to cater to a larger consumer base, which is supporting the segment’s growth.
- North America accounted for a major share in the global spinal needles market owing to the surge in neurological disorders across the region, which is influencing the adoption of spinal needles for the analysis and the treatment of the same.
- Some of the players operating in the global spinal needles market are Argon Medical Devices, Inc., B. Braun Medical Inc., BD., Boston Scientific Corporation, Cook, EXELINT International, Co., Halyard Health, Medline Industries, Inc., Medtronic, MYCO Medical, Inc, NIPRO, PAJUNK, SARSTEDT AG & Co. KG, Shanghai Mekon Medical Devices Co., Ltd., Smiths Medical, Stryker, Thiebaud S.A.S, VOGT MEDICAL, Vygon SA and other market participants
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Global Spinal Needles Market:
- By Type
- Pencil-point Needles
- Directional Spinal Needles
- Stylet-Point Needle
- Atraumatic Needle
- Others
- By Application
- Regional Anaesthesia
- Lumbar Puncture for Spinal Anaesthesia
- Diagnostic Sampling of Cerebrospinal Fluid
- Introduction of Contrast Medium for Myelography
- Pain Management
- Other Diagnostic and Therapeutic Applications
- By Gauge
- 16G-20G
- 21G-25G
- Above 25G
- By Length
- Less than 70mm
- 71mm to 80mm
- 81mm to 90mm
- 91mm to 100mm
- Above 100mm
- By End User
- Hospitals
- Clinics
- Diagnostic Centers
- Others
- By Distribution Channel
- Online
- Offline
- By Region
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Benelux Union
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- Middle East and Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of Middle East & Africa
- Latin America
- Argentina
- Brazil
- Rest of Latin America
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