With the emergence and long-term Impact of COVID-19, Global Heel Incision Market to reach USD 232.74 Million by 2030
Bizwit Research & Consulting LLP’s recent analysis on the Global Heel Incision Market points towards a potential rise to USD 232.74 Million by 2030. Heel incision devices are efficient and safe medical devices specifically designed for infants. These tools offer an efficient way to collect blood samples from newborn and preterm infants’ heels. The heel incision devices are regarded safe, and this technology is a retractable safety technique for capillary blood sample. Rising birth rates globally, growing focus on technological advancement in medical device manufacturing and rising expenditure on healthcare infrastructure development, particularly in developing economies, rising awareness about multi-specialty products and the availability of infant care products is also bolstering the heel incision devices market growth. Mandatory new born testing policy adopted in several countries will further drive the heel incision devices market growth rate.
Geographically, the global Heel Incision market has been segmented into North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa (MEA). North America dominated the market in 2022 owing to presence of key market players, rising prevalence of premature births, growing investment in medical industry, and continues technological advancement in the region. Asia Pacific is expected to fastest growing during the forecast period, as the population grows, so does the need for medical services and equipment. The adoption of advanced solutions by healthcare organizations and hospitals may increase demand for contemporary medical gadgets like devices for heel incisions.
The global Heel Incision market is highly competitive owing to the presence of several key players such as Becton, Dickinson and Company, Owen Mumford Ltd., Cardinal Health International India Pvt Ltd, Smiths Medical, Inc., Clinical Innovations, LLC, MediCore Inc., Vitrex Medical A/S, NSP Medicals, Torvan Medical Inc., Medtronic and others.
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Key findings of the study suggest:
- Global Heel Incision Market is anticipated to grow with a healthy growth rate of more than 2.99% over the forecast period 2023-2030.
- In the Product Type segment, New born and Infant emerged out as the leading market segment in 2022.
- North America is anticipated to drive regional growth owing to increasing government focus towards building battery charging infrastructure and hydrogen fueling stations
- Asia Pacific is expected to grow at higher rate followed by Europe during 2023-2030.
Bizwit Research & Consulting has considered following segments for the study:
By Product Type:
- Micro- preemie
- Preemie
- New born and Infant
By Application:
- Hospitals
- Speciality Clinics
- Ambulatory Surgical Centres
- Others
Regional Outlook
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Korea
- Australia
- RoAPAC
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. The company has a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. Bizwit incorporate big data, expert analysis, and huge industry database to deliver client focused business consulting reports. Our analysts perform unbiased measurement and assessment of market opportunities to comprehend detailed market forecast. Our team of key opinion leaders evaluates the market size, growth prospects, end-use, applications, value & supply chain and top vendors in the industry to help the clients to take conversant business decisions without any vague assumptions.
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