Global Spring Loaded Core Needles Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2025 –2032 |
Market Size (Base Year) |
USD 1.01 Billion |
Market Size (Forecast Year) |
USD 1.45 Billion |
CAGR |
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Major Markets Players |
Global Spring-Loaded Core Needles Market Segmentation, By Product (Disposable, Reusable), Nature (Manual, Automatic), End User (Clinics, Hospitals, Ambulatory Surgery Centres, Ambulatory Surgery Centres), Site (Breast, Lung, Colorectal, Prostate, Kidney, Bone and Bone Marrow, Other Sites) – Industry Trends and Forecast to 2032.
Spring-Loaded Core Needles Market Analysis
In recent years, the spring-loaded core needles market is anticipated to grow rapidly due to the high prevalence rate of cancer. The global needles market is showing strong growth potential because of major improvements in healthcare infrastructure around the world. Increased incidences of infections and outbreaks and an increase in the number of medical operations needing immunization are fueling the spring-loaded core needle market's expansion.
Spring-Loaded Core Needles Market Size
Global spring-loaded core needles market size was valued at USD 1.01 billion in 2024 and is projected to reach USD 1.45 billion by 2032, with a CAGR of 4.7% during the forecast period of 2025 to 2032.
Report Scope and Market Segmentation
Attributes |
Spring-Loaded Core Needles Key Market Insights |
Segmentation |
|
Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America. |
Key Market Players |
Koninklijke Philips N.V (Netherlands), BD (US), Hologic, Inc. (US), ARGON MEDICAL (Texas), Ethicon Endo-Surgery (US), SOMATEX Medical Technologies GmbH (Germany), STERYLAB S.r.l. (Italy), ZAMAR CARE (Croatia), Stryker (US), B. Braun Melsungen AG (Germany), Abbott (US), Medtronic (Ireland), Boston Scientific Corporation (US), Cook (US) |
Market Opportunities |
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Spring-Loaded Core Needles Market Definition
The needle might be coupled to a spring-loaded tool that quickly drives it in and out of the tissue, or it could be attached to a suction device that pulls breast tissue into the needle (known as a vacuum-assisted core biopsy). The needle extracts a tiny cylinder (core) of tissue. A number of cores are frequently removed.
Spring-Loaded Core Needles Market Dynamics
Drivers
- Increasing Prevalence of Chronic Diseases
The rising prevalence of chronic diseases such as cancer will propel the market's growth rate during the forecast period of 2022-2029.
- Rise in the Number of Geriatric Population
The market is being propelled forward by the growing senior population, which is prone to such disorders and the growing need for convenient portable gadgets.
Furthermore, the rising preferences towards minimally invasive surgeries will be a major factor influencing the growth of the spring-loaded core needles market. Along with this, increasing urbanization and rising level of disposable income are the driving factors accelerating the growth of the spring-loaded core needles market. Also, increasing expenditure on healthcare infrastructure and favourable reimbursement scenario are the major market drivers that will further escalate the spring-loaded core needles market growth.
Opportunities
- Increase in the adoption of core needles
Moreover, the market's growth is fueled by an increase in the number of government initiatives for the adoption of core needles. This will provide beneficial opportunities for the spring-loaded core needles market growth.
Moreover, rising investment for the development of advanced technologies and increase in the number of emerging markets will further provide beneficial opportunities for the spring-loaded core needles market growth during the forecast period.
Restraints/Challenges
On the other hand, the high cost associated with spring-loaded core needles will obstruct the market's growth rate. The dearth of skilled professionals and rising risk of infection will challenge the spring-loaded core needles market. Additionally, the impact of COVID-19 on supply chain and strict regulatory issues will act as restrain and further impede the growth rate of market during the forecast period of 2025-2032.
This spring-loaded core needles market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the spring-loaded core needles market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Spring-Loaded Core Needles Market Scope
The spring-loaded core needles market is segmented on the basis of product, nature, site and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Disposable
- Reusable
Nature
- Manual
- Automatic
Site
- Breast
- Lung
- Colorectal
- Prostate
- Kidney
- Bone and Bone Marrow
- Other Sites
End User
- Clinics
- Hospitals
- Ambulatory Surgery Centres
- Ambulatory Surgery Centres
Spring-Loaded Core Needles Market Regional Analysis
The spring-loaded core needles market is analyzed and market size insights and trends are provided by country, product, nature, site and end user as referenced above.
The countries covered in the spring-loaded core needles market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the spring-loaded core needles market because of the well-established healthcare infrastructure and increasing awareness about advanced treatment methods in this region. Additionally, the presence of major key players will flourish themarket's growth rate in this region.
Asia-Pacific is expected to grow during the forecast period due to rising prevalence of cancer and development of healthcare sector this region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Spring-Loaded Core Needles Market Share
The Spring-loaded core needles market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to spring-loaded core needles market.
Spring-Loaded Core Needles Market Leaders Operating in the Market Are:
- Koninklijke Philips N.V (Netherlands)
- BD (US)
- Hologic, Inc. (US)
- ARGON MEDICAL (Texas)
- Ethicon Endo-Surgery (US)
- SOMATEX Medical Technologies GmbH (Germany)
- STERYLAB S.r.l. (Italy)
- ZAMAR CARE (Croatia)
- Stryker (US)
- B. Braun Melsungen AG (Germany)
- Abbott (US)
- Medtronic (Ireland)
- Boston Scientific Corporation (US)
- Cook (US)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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