The port needles market is anticipated to experience a value growth rate of 7.0% from 2019 to 2027, reaching a total of USD 62.6 Million. This growth can be attributed to the increasing use of implantable ports. Intravenous (IV) medication is widely utilized, particularly in emergency situations such as strokes, heart attacks, and poisonings. Administering pills or liquids orally in these cases may cause delays in delivering drugs into the bloodstream. In contrast, IV administration quickly delivers medication directly into the bloodstream. It also enables precise control of medication delivery, allowing for slow and continuous administration over time. Furthermore, certain drugs cannot be effectively administered orally due to enzymatic breakdown in the stomach or liver. By administering these drugs directly into the bloodstream through IV administration, their effectiveness is enhanced. The rising demand for IV medication is a driving factor behind the increased market demand.

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Companies considered and profiled in this market study

Medtronic, Becton, Dickinson, and Company, Smiths Medical, Novo Nordisk, B. Braun Melsungen AG, Hamilton Syringes and Needles, NIPRO Medical, Boston Scientific, Terumo Corporation, and Hi-Tech Medicare Devices, among others.

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Factors driving the growth of the Port Needles Market include:

  1. Increasing demand for implantable ports: The market is fueled by the growing application of implantable ports, which offer convenient and effective access for intravenous medication administration.
  2. Rising demand for intravenous (IV) medication: IV medication is widely used in emergency situations and provides precise control over dosage, making it a preferred method for delivering medication quickly and directly into the bloodstream.
  3. Advantages of IV administration: IV administration allows for continuous and controlled delivery of medication over time, ensuring a steady and consistent therapeutic effect. It also bypasses the enzymatic breakdown in the stomach or liver, enabling the effective delivery of certain drugs that cannot be administered orally.

On the other hand, there may be certain factors restraining the growth of the Port Needles Market, including:

  1. Limited awareness and adoption: The market growth may be hindered by a lack of awareness among healthcare professionals and patients regarding the benefits and availability of port needles, leading to limited adoption.
  2. High cost of implantable ports: The cost associated with implantable ports, including the devices themselves and the required procedures for insertion and maintenance, can be a barrier to widespread adoption, particularly in resource-constrained healthcare settings.
  3. Potential complications and risks: The use of port needles carries certain risks, such as infection, thrombosis, and mechanical failures. Concerns about these complications and associated risks may discourage healthcare providers and patients from using port needles, impacting market growth.

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