Venipuncture needle and syringes market is projected to reach USD 1,044.6 Million by 2021 from USD 790.8 Million in 2016

Venipuncture is the procedure of collecting blood from veins through venous access. Intravenous cannulation access is the method to get venous access for venipuncture. Distal to the antecubital fossa in deep-arm veins allows most successful cannulation. Moreover, medical condition of the patient and the experience and training of the technician performing the peripheral intravenous (PIV) access increases the success rate of PIV. Alternate approaches to attain cannulation include central venous catheterization (CVC), peripherally inserted central catheters, external jugular IVs, and ultrasound-guided vascular access.

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Venipuncture needle and syringes market is projected to reach USD 1,044.6 Million by 2021 from USD 790.8 Million in 2016, at a CAGR of 5.7% during the forecast period. The U.S. total venipuncture procedure volume contributed the largest share in 2016 and poised to grow at a CAGR of 1.8%.

Factors such as aging population, cardiovascular disease death rate, pediatric population, chronic diseases conditions will make venipuncture difficult. It becomes difficult for patients with chronic diseases like diabetes, cancer, and cardiovascular conditions; thus, the increasing incidence of these diseases will increase the overall difficulty of the procedure. The lack of skilled professionals will also make venipuncture becomes difficult to perform.

Based on vein type, the venipuncture procedures of Canada are classified into median cubital vein, cephalic vein, basilic vein, and other veins. The other veins segment includes great saphenous, femoral, scalp, subclavian, and metacarpal veins. The procedures in each vein type are further divided into total venipuncture procedures and successful venipuncture procedures. In 2016, the median cubital vein segment is expected to account for the largest share of the venipuncture procedures.

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