There are two types of needle guides which include disposable needle guides and reusable needle guides. Disposable needle guides is a medical grade plastic device that snaps onto the ultrasound transducer. The disposable needle guides are sterile and the sterilization is only done by ethylene oxide. The major advantages of disposable needle guides are that they are very easy to use and are cost-effective. Also, the disposable needle guides are very time effective as the time for the cleaning process associated with the reusable needle guides is saved. Disposable needle guides are low profile and smoother than their metal counterparts.
The key players operating in the disposable needle guides market are actively involved in the mergers and collaborations, which is expected to increase the demand for disposable needle guides market. The companies such as CIVCO Medical Solutions and Rocket Medical, are focusing to develop a new and advanced version of disposable needle guides, which can be responsible for a large revenue share in the disposable needle guide market.
Disposable needle guides: Market Dynamics
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Increasing heathcare awareness is one of the important factor, driving the growth of disposable needle guides market as more number of people are going to have the diagnosis tests. Increasing geriatric population, are expected to increase the growth of disposable needle guides market. Other important factors such as increasing number of diagnostic laboratories, increasing number of hospitals etc. are expected to increase the growth of disposable needle guides market. Increasing prevalence of chronic diseases such as cardiac disease, neurological disorders, muscoskeletal disorders etc., can increase the growth of disposable needle guides market. Technological advancement in the field of healthcare and establishment of a well-equipped healthcare infrastructure, is expected to increase the growth of disposable needle guides market.
Apart from the factors driving the disposable needle guide market, there are some factors which can hinder the growth of disposable needle guides market. Restraints such as high cost of treatment and diagnosis, lack of awareness in some of the emerging regions, are expected to hinder the growth of disposable needle guides market.
Disposable needle guides Market: Overview
The disposable needle guides market has been segmented on the basis of its application and end user. On the basis of application, the disposable needle guides market has been segmented into cardiology, urology, gynecology and other applications. On the basis of end user, the disposable needle guides market has been segmented into hospitals, ambulatory surgical centers and diagnostic laboratories. Hospitals are expected to hold a large revenue share in the disposable needle guide market.
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Disposable needle guides Market: Region-wise Outlook
On the basis of geography, global disposable needle guides market has been segmented into seven key regions viz. North America, Latin America, Europe, East Asia, South Asia and Oceania. North America is expected to hold the largest shares in the global disposable needle guides market due to presence of well-established healthcare infrastructure and availability of technologically advanced products. Europe is also expected to hold the second largest share in the global disposable needle guides market due to increasing population. Asia Pacific is also expected to register a high revenue growth in the disposable needle guides market due to increasing population and increasing healthcare awareness among the people.
Disposable needle guides Market: Segmentation
The Disposable needle guides market is segmented by application, end user and region:
Segmentation by Application
- Urology
- Cardiology
- Gynecology
- Others
Segmentation by End users
- Hospitals
- Ambulatory Surgical Centers
- Diagnostic Laboratories
Disposable needle guides Market: Key Players
There are many companies associated with the manufacturing of disposable needle guides market. The key players operating in the disposable needle guides market follow various promotional strategies such as development of new and advanced products and partnerships with other companies. Some of the key players present in global disposable needle guides market are CIVCO Medical Solutions, Argon Medical Devices, Rocket Medical, BK Medical Holding Company, Inc., GE healthcare, PHILIPS and many more companies manufacturing disposable needle guide.
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