NEEDLE-FREE BLOOD DRAWING DEVICES MARKET ANALYSIS INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2020–2027
© Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Needle-Free Blood Drawing Devices Market - Overview Needle-Free Blood Drawing Devices Market – Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026 Venipuncture or venepuncture is the process of obtaining blood by gaining intravenous access. This process is used for many purposes such for blood sampling and for removing excess blood for the treatment of polycythemia Vera, an ailment that results in elevated blood volume or hematocrit. In healthcare, this process is performed by physicians, laboratory scientists, or phlebotomists. There are mainly two types of venipuncture, namely those conducted with needle and syringe and those with vacuum tubes. Both these techniques have their own disadvantages, with the patient suffering from excruciating pain in both scenarios. Needle-free blood drawing devices were invented as a relatively pain-free alternative to conventionally used devices. The needle-free blood drawing device operates by providing a micro-particle with momentum, which then penetrates the adjacent dermal tissue. An attached negative pressure barrel then draws blood from the site. A healthcare professional places the device, similar to the size of a golf ball, on the patient's upper arm, subsequently pushing a button. This push activates a number of thin needles that penetrate the topmost layers of the skin. This novel technology is expected to gain significant growth traction in the near future. According to Agency for Healthcare Research & Quality, in the U.S., around 800 blood draws are performed every minute. Browse Research Reports: https://www.coherentmarketinsights.com/ongoing-insight/needlefree-blood-drawing-devices-market-120 Š Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Increasing incidence of fatalities that can be avoided by early detection and treatment, especially in emerging economies, is a major factor fueling demand for effective blood sampling and tests. Demand for blood sampling would differ across region depending on the incidence rate of diseases. Nonetheless, this upsurge in demand for blood sampling is projected to fuel the need of blood drawing, thereby augmenting the growth of the needlefree blood draw devices market Needle-Free Blood Drawing Devices Market Outlook –Low cost and reduced risk factors leading to greater adoption of needle-free blood drawing devices over tradition blood-drawing techniques Approval from the U.S. Food and Drug Administration (FDA) is mandatory for promotion and use of needle-free blood drawing devices. Companies such as Velano Vascular have obtained the same and offer needle-free blood drawing devices to hospitals and other application sectors. Increase in health awareness among consumers has resulted increasing number of preventive and periodic health checkup, including blood tests. This creates a highly conducive environment for growth of the needle free blood drawing devices market.Moreover, these devices offer ease of use over conventional needle based blood drawing devices and are more conducive for home use. For instance, management of diabetes will become much easier. Patients with diabetes mellitus need to get their blood sugar levels tested very frequently. By using needle-free blood drawing device, the process will become much more user friendly and painless. Request a Sample copy of this reports : https://www.coherentmarketinsights.com/insight/request-sample/120 Š Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Major companies in the market are involved in different business strategies such as gaining product approval from regulatory authorities, in order to expand their product portfolio. For instance, in February 2017, Velano Vascular, a San Francisco-based company, received the U.S. Food and Drug Administration (FDA) 510(k) clearance for its Pivo needle-free blood draw device. It is a single used, disposable device, designed to take blood samples from IVF catheters. Major companies in the market are involved in different business strategies such as participating in capital venture activities, in order to gain competitive edge in the market. For instance, in March 2017, Velano Vascular, a U.S.-based startup, raised US$ 17 million (investors’ names undisclosed) for a needle-free blood draw device. The device developed by Velano Vascular is called PIVO, which is a needle-free device and can be inserted through existing IVD catheter. Major companies in the market are involved in different business strategies such as participating in capital venture activities, in order to gain competitive edge in the market. For instance, in May 2019, Velano Vascular, a U.S.-based company received US$ 10 million funding its strategic investor Intermountain Healthcare for its FDA cleared needle-free blood drawing device PIVO. Buy-Now this research report: https://www.coherentmarketinsights.com/insight/buy-now/120 Š Coherent market Insights. All Rights Reserved
ABOUT COHERENT MARKET INSIGHTS ABOUT US Coherent Market Insights is a global market intelligence and consulting organization focused on assisting its plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, with an office at the global financial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. We are uniquely positioned to help businesses around the globe deliver practical and lasting results through various recommendations about operational improvements, technologies, emerging market trends and new working methods. We offer both customized and syndicated market research reports that help our clients create visionary growth plans to provide traction to their business. We meticulously study emerging trends across various industries at both the global and regional levels to identify new opportunities for our clientele.
SERVICES INDUSTRY ANALYSIS
CUSTOMIZED RESEARCH
SYNDICATED RESEARCH
MARKET INTELLIGENCE SERVICES
CONSULT STUDIES
COUNTRY SPECIFIC STUDIES
Š Coherent market Insights. All Rights Reserved
ABOUT CMI SECTOR COVERAGE
BIOTECHNOLOGY
CLINICAL DIAGNOSTIC
HEALTHCARE IT
MEDICAL DEVICES
MEDICAL IMAGING
PHARMACEUTICAL
OUR CLIENTS
Global Leading Equipment and System Manufacturers Marketing Consultancies and the Advertising Industry Component Providers and System Integrators
Private and Government organization
Distributors, Retailors and Value Added Resellers
Outsourcing Companies
Healthcare IT Solutions Developers
Universities and Business Schools.
© Coherent market Insights. All Rights Reserved
KEY STATS
RESEARCH SOLUTIONS
100+
FEASIBILITY STUDIES
Insights Published Per Year
GLOBAL REPORTS
150+
Consulting Projects Till Date
COUNTRY ANALYSIS CONSULT PROJECTS
125+
Clients Worldwide Per Year
110+
SURVEY RESEARCH
EXCEL FORECAST DATABASE
CUSTOMIZED SOLUTIONS
COMPETITIVE ASSESSMENT TECHNOLOGY SNIPPETS
Analysts and Contract Consultants
Coherent Market Insights excels at offering unmatched actionable market intelligence across various industry verticals, including chemicals, healthcare, and food & beverages, to name a few. We implement holistic market research methodology in order to result in the best possible market research reports across various industries worldwide. Based on our unmatched expertise across various industries—no matter how large or small, how complex or unique—we help our clients achieve better outcomes with uniquely designed and highly customized solutions. Our coverage includes insights that help our clients ensure sustained growth in developed markets and also key inputs to help them tap into emerging markets and exploit the plethora of opportunities posed therein. © Coherent market Insights. All Rights Reserved
THANK YOU To know more about us, visit our website: www.coherentmarketinsights.com For sales queries or new topics email us on: sales@coherentmarketinsights.com For other queries contact: Mr. Shah (Manager - Business Development) Coherent Market Insights sales@coherentmarketinsights.com +1-206-701-6702
Š Coherent market Insights. All Rights Reserved