Spinal Needles Market Overview

As per the latest MRFR analysis, the global spinal needles market is likely to expand at a 7.70% CAGR through the forecast period of 2022-2030. Although various factors are influencing a positive ascension in the spinal needles market, one of the leading factors is the increasing prevalence of different brain and spinal diseases. Further, a rising incidence of neurological disorders, general population, and a burgeoning number of patients diagnosed with degenerative brain diseases such as Alzheimer’s and Parkinson’s disease are some other significant factors causative of market augmentation. A spinal needle is a medical device used for various diagnostic and therapeutic purposes. A spinal needle is inserted in the spinal canal to collect cerebrospinal fluid (CSF) for diagnostic testing or drug administration to treat different diseases. This CSF sample collected is mainly used to diagnose brain or spine related diseases and disorders.

Spinal needles are medical devices generally used in administration of drug or diagnostic purposes. Spinal needles are inserted into the spinal cord or canal for the collecting cerebrospinal fluid (CSF) for diagnostic testing purposes or drug administration for the treatment of any neurological disease, fractures or vertebroplasty. Spinal anaesthesia is done to temporarily numb the area of pain during spine surgery in which the spinal needles play an important role in the drug administration of anaesthesia. Technological advancements in medical devices and the availability of improved surgical processes, the Spinal needles Market Size has expanded rigorously. Reduced complications from the use of spinal needles in spine related surgeries have increased their demand both from the doctors and patients end. Increase in the level of neurological disorders has further provided a push to this market in terms of investments in infrastructure and improvement of product quality.

Spinal needles market is expected to grow during the forecast period due to rise in the geriatric population leading to increase occurrence of neurological disorders and osteoarthritis associated with age, to increasing displacement of vertebrae, rising prevalence of spinal stenosis or spondylolisthesis and increasing applications of spinal needles in different spine surgeries and diagnostic tests. Besides, the increase in number of patients suffering from neurodegenerative disorders such as Alzheimer’s and Parkinson’s disease, Technological advancements leading to more precession in designing of the needle, increasing awareness about spinal diseases, rising healthcare expenditure of people, and increasing government support for R&D activities are more likely to contribute positively towards the spinal needles market growth during forecast period.

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Spinal Needles Market Segmentation

The market has been analysed by its various segments to provide an expansive view of the market; this allows for accurate identification of market direction and factors affecting growth. The global spinal needle market is segmented by type, application, end users, size and region.

  • By type, the market has been segregated intp atraumatic needle tips, directional spinal needles, pencil-point needles and others.
  • By end users, the market has been segmented to include hospitals, clinics and other. Hospitals occupy neard three fourt hof the total market due to the demand for the product in surgical equipment
  • By size, the market has been segmented into 24G, 25G, 27G and others.
  • By region, the global market has been segmented to include the Americas, Europe, the Asia-Pacific and the Middle East and Africa.

Spinal Needles Market Regional Analysis

North America leads the global spinal needles market with the largest market share. The regional market is largely driven by the rising numbers of spinal surgeries, increasing prevalence of different neurological diseases, and growing awareness among the people. Moreover, factors such as technological innovation, advancement in manufacturing processes, and contribution of nanotechnology, substantiate the market growth. Countries like the US and Canada play a vital role in the growth of this market. Besides, high per capita healthcare expenditures and rising R&D funding to develop new techniques are some of the significant factors that would support the growth of the market in the region.

The European region accounts for the second position in the global spinal needles market. Well-developed healthcare sector and increasing healthcare expenditure with rising prevalence of diseases in the region, drive the regional market growth. Moreover, factors such as the financial support from the government for R&D activities, the increase in geriatric population and the increasing numbers of spinal surgeries for the treatment of spinal disorders in the region drive the market growth. The region is projected to grow at a substantial GAGR between.

The spinal needles market in the Asia Pacific region is rapidly emerging as a promising market globally. The growing awareness about novel spine treatment is a major driving force behind the regional market growth. Besides, increasing healthcare expenditure and increasing government funding, are key factors influencing the growth of the APAC spinal needles market, positively. Also, rising cases of obesity disorders and the presence of a large patient population suffering from various spinal disorders are fostering the growth of the regional market.

Spinal Needles Market Players

  • Medtronic Plc.
  • Boston Scientific Corporation
  • Becton Dickinson and Company
  • Braun Melsungen AG
  • Novo Nordisk A/S
  • Micsafe Medical Group
  • Cook Medical
  • Exelint International Co
  • Myco Medical
  • Stryker Corporation
  • AdvaCare Pharma

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