The global filter needles market is anticipated to grow at a considerable CAGR of 7.4% during the forecast period (2023-2030). The growing cases of burn incidences around the globe are projected to boost the market growth. According to the World Health Organization (WHO), burns are a global public health problem, accounting for an estimated 180,000 fatalities per annuum. The majority of these occur in low- and middle-income countries and almost two thirds occur in the WHO African and South-East Asia regions. In addition to this, the non-fatal burns are a leading cause of morbidity, including prolonged hospitalization, disfigurement, and disability, often with resulting stigma and rejection.
In India, over 1 million people are moderately or severely burnt every year.
- Nearly 173,000 Bangladeshi children are moderately or severely burnt every year.
- In Bangladesh, Colombia, Egypt, and Pakistan, 17.0% of children with burns have a temporary disability and 18.0% have a permanent disability.
- Burns are the second most common injury in rural Nepal, accounting for 5.0% of disabilities.
- Children under 5 years of age in the WHO African Region have over 2 times the incidence of burn deaths than children under 5 years of age worldwide.
- Boys under 5 years of age living in low- and middle-income countries of the WHO Eastern Mediterranean Region are almost 2 times as likely to die from burns as boys living in the WHO European Region.
- In South Africa an estimated $26 million is spent annually for care of burns from kerosene (paraffin) cookstove incidents. Indirect costs such as lost wages, prolonged care for deformities and emotional trauma, and commitment of family resources, also contribute to the socioeconomic impact.
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Market Coverage
- The market number available for – 2022-2030
- Base year- 2022
- Forecast period- 2023-2030
Segment Covered-
- By Raw Material
- By End-User
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- including Becton, Dickinson, and Co., B. Braun SE, Cardinal Health, Inc., Medtronic plc, and others.
Filter Needles Market Report Segment
By Raw Material
- Stainless Steel
- Glass
By End-User
- Hospitals and Clinics
- Ambulatory Surgery Centers
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Filter Needles Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- ICU Medical Inc.
- MYCO Medical Supplies, Inc.
- Novo Nordisk Inc.
- Sentra Medical
- Sol-Millennium Medical Group
- Stryker Corp.
- Terumo Corp.
- Thermo Fisher Scientific Inc.
- Life-Assist, Inc.
- Medline Industries, LP
- Medical Warehouse, Inc.
- Shanghai Kohope Medical Devices Co., Ltd.
- VWR International, LLC
- Shenzhen Manners Technology Co., Ltd.
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