Venipuncture is a perforation on a vein as part of a medical practice, basically to draw a blood sample and or to inject a drug into the body. This is done by intravenous cannulation. The venipuncture blood collection is carried out with the help of needle and syringes.
1. Venipuncture Needle & Syringes Market Size, Trends,
Shares, Insights and Forecast - 2026
Venipuncture is a perforation on a vein as part of a medical practice, basically to draw a blood
sample and or to inject a drug into the body. This is done by intravenous cannulation. The
venipuncture blood collection is carried out with the help of needle and syringes. Venipuncture is
the oldest invasive procedures, which is carried out for five basic reasons and they are to collect
blood for investigative purposes, identify the levels of blood components, and administer
medications, nutrition, or chemotherapy, to eliminate blood due high presence of iron or
erythrocytes and to collect blood which might be useful later in transfusion purpose. This can be
possibly done with the use of venipuncture needle and with the immense increase in the blood
test and blood collection, there is a proportional increase in the venipuncture needle and syringe
market.
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Excessive blood withdrawn may lead to hematocrit in older patients
According to Van Roekel, CEO Nuno Valentine, said that there are about half of doctors do not
have sufficient funds to support a phlebotomist, and some are located in an area where there are
no staff sufficient members. Mr. Kapadia, a chief medical officer of Iggbo, explains that
bloodwork justifies about 75% if the medical decision. According to Van Roekel, there are 1
billion blood sample are drawn in the United States every year and out of which 50,000 blood
draws in Houston daily. There are many literature stating that the excessive blood drawing from
an individual causes a big setback in elderly person. A cohort study report states that public
hospitals and university hospitals drew more blood for each test than that is followed in children's
hospitals. For the basic metabolic tests, the volume of blood drawn by an university or public
hospital laboratory was 2.5 to 10 times more required by any children's hospital, though there are
2. similar tests and instruments used. Excess withdrawn of blood may lead to change in hematocrit
which may lead to a down fall in elderly patient health. This is a major concern in the increasing
number of older persons.
Median Cubital Vein to dominate the venipuncture needle and syringes market globally
The global venipuncture needle and syringes market is segmented on the basis of vein type, end
user, and geography. On the basis of vein type, the market is divided into Cephalic Vein, Median
Cubital Vein, and Basilic Vein. On the basis of end user, the market is divided into Hospitals,
Diagnostic Labs and Physicians’ Offices.
Advanced syringe and methods to collect the blood sample to overtake the conventional way of
blood collection emphasizing the growth in venipuncture needle and syringes market
Regional segmentation of the market by Coherent Market Insights comprises North America,
Europe, Asia Pacific, Latin America, Middle East, and Africa. North America accounts for the
largest share in venipuncture needle and syringes market, mainly due to presence of key players
and their application of advanced medical technologies to develop in countries such as the North
America and Africa. Increase in the diagnostic test for any disease needs blood sample which
therefore is useful to obtain results. Therefore, the use of venipuncture needles and syringes are
proportionally increasing. In Africa according to World Health Organization, it is almost 85% of all
the chronic disease needs blood test.
Key players in the global venipuncture needle and syringes market are developing new devices,
which collect the required amount of blood
Key players operating the venipuncture needle and venipuncture syringes market include Smiths
Medical, Becton, Dickinson and Company, and B. Braun Medical. Key players in the market
globally are constantly working towards introducing innovative products which firstly identify veins
and collect blood sample. With companies actively focused on research and development, a new
product which is virtually painless way to draw blood. This company is expected to launch its
product in mid-2017 as the company has responded to its pending queries from FDA.
3. Research Methodology
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most precise market analysis. The company leverages a data triangulation model which helps
company to gauge the market dynamics and provide accurate estimates. Key components of the
research methodologies followed for all our market reports include:
• Primary Research (Trade Surveys and Experts Interviews)
• Desk Research
• Proprietor Data Analytics Model
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global reputed paid data bases, which helps the company to figure out the regional and global
market trends and dynamics. The company analyses the industry from the 360 Degree Perspective
i.e. from the Supply Side and Demand Side which enables us to provide granular details of the
entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is
followed to arrive at ultimate research findings.
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Key Developments
Major companies in the market are focused on various business strategies such as gaining product
approval from regulatory authorities, in order to expand their product portfolio and gain
competitive edge in the market. For instance, in January 2019, Becton, Dickson and Company, a
medical technology company, received the U.S. Food and Drug Administration 510(k) clearance
for its second generation BD Nano pend needle, which is designed for reliable subcutaneous
injection depth.
Major companies in the market are focused on various business strategies such as gaining product
approval from regulatory authorities, in order to expand their product portfolio. For instance, in
4. April 2019, B. Braun, a Germany-based pharmaceutical company, launched its Heparin Sodium
Incretion, which is a prefilled syringe for subcutaneous and intravenous use.
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