Suture Needle Market based on Product (Round Bodied Needle, Blunt Point Needle, Reverse Cutting Needle, Conventional Cutting Needle, Spatula Needle, Taper cut Needle), Application (Cardiovascular Procedures, General Surgery, and GI Procedures, Orthopedic Procedures, Gynecological Procedures, and Others) and Geography – Global Forecast up to 2027

  • July, 2021
  • Domain: Healthcare - Medical Devices
Pages: 67
Tables: 48
Charts: 78
Regions/Countries: 4/10
Companies: 10
Enquiry Hours: 10
  • Get Free 10% Customization in this Report

Suturing is a tactic used to close hypodermal wounds. The main purpose of this technique is to include closing dead spaces; offering nourishment to wounds till it heals, minimizing the risk of bleeding and making aesthetically satisfying skin. There are various types of suture needles available in the market, such as coronary tip needles, taper point needles, taper cutting, spatula needles, triangle needles, and others. The different types of tissues need various types of suture needles. The demand for surgeries is expected to surge over the next couple of years, which is likely to favor the development of the suture needle market in the coming years. Further, factors projected to positively propel the market's growth pattern are raising patient population needed surgeries, increasing healthcare expenditure, and expanding healthcare centers worldwide. Apart from the driving factors, the suture needles market restricting factors include an increase in the number of incidents of injuries owing to the needle. The Suture Needle Market is projected to grow at the rate of 4.1% CAGR by 2027.  

Research Methodology:

The Suture Needle Market has been analyzed by utilizing the optimum combination of secondary sources and in-house methodology and a unique balance of primary insights. The real-time valuation of the market is an integral part of our forecasting and market sizing methodology. Industry experts and our primary participants have helped to compile related aspects with accurate parametric estimations for a complete study. The primary participants share is given below:

Suture Needle Market

Suture Needle Market on the basis of Product

  • Round Bodied Needle
  • Blunt Point Needle
  • Reverse Cutting Needle
  • Conventional Cutting Needle
  • Spatula Needle
  • Taper cut Needle

Suture Needle Market on the basis of Application

  • Cardiovascular procedures
  • General surgery and GI procedures
  • Orthopedic procedures
  • Gynecological procedures
  • Others 

Suture Needle Market on the basis of Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

On the basis of products, the products are classified into Round Bodied Needle, Blunt Point Needle, Reverse Cutting Needle, Conventional Cutting Needle, Spatula Needle, Taper cut Needle. Among all the products, the reverse cutting needle segment is witnessing the highest growth in the market over the forecast period. The growth of the segment is ascribed to the advantageous shape of the reverse cutting needle. Moreover, these needles are more robust than conventional cutting needles and minimize the risk of cutting out tissue. In addition, they are specially designed for hard to penetrate tissue such as skin, tendon sheaths, or oral mucosa. Reverse cutting needles are also helpful in cosmetic and ophthalmic surgery, causing minimal trauma. Thus, the factors are majorly influencing the segment growth.

Further on the basis of application, the various applications of suture needles include Cardiovascular Procedures, General Surgery and GI Procedures, Orthopedic Procedures, Gynecological Procedures, and Others. The cardiovascular procedures segment is expected to have a major share in the market. This is due to the increase in the prevalence of heart diseases, including coronary heart disease, heart attack, cardiomyopathy, heart failure, and stroke, which is expected to positively drive the cardiovascular procedures segment's growth.

The geographical regions of the suture needles market include North America, Europe, Asia Pacific, and the rest of the world. However, the North American region is holding a significant share in the market. This is due to the high health care expenditure, early adoption of innovative technologies, and favorable reimbursement policies.

Prominent factors such as the number of surgeries and the increase in chronic disease conditions contribute to the growth of the global suture needle market. Surgery is a prominent procedure to manage several health conditions such as limited labor, injuries, malignancy, chronic diseases, and infections. Suture needles have become significant surgical tools since they help in the efficient closing of wounds after injuries and incisions during surgical procedures, increasing the demand for suture needles in surgical procedures.

The major vendors of the suture needles market include Shanghai Medical Suture Needle Factory, Hangzhou Huawei Medical Products, Shandong Haidi Ke Biotechnology, Ningbo Medical Needle, Vitrex Medical A/S, Suturex and Renodex, World Precision Instruments, Micromed Medizintechnik, Advanced Medical Solutions, and Kono Seisakusho.

There is a growth in the number of surgeries where suture needles play a prominent role in healing post-surgery wounds. Moreover, these needles also have a prominent role in various cosmetic surgeries, which helps perform the procedure without any trauma.

  • The research offers an exclusive analysis of the suture needles market, which describes the important investment pockets in the market.
  • The study also describes the present and future trends to determine the overall attractiveness and point out the profitable trends to achieve a potential foothold in the market.
  • The study gives information on key drivers, restraints, and opportunities with an impact analysis of the market.
  • The study also analyzes the market geographically, based on major regions such as North America, Europe, Asia-Pacific, and the rest of the World.
  1. Executive Summary
  2. Industry Outlook
    1. Industry Overview
    2. Industry Trends
  3. Market Snapshot
    1. Market Definition
    2. Market Outlook
      1. Porter Five Forces
    3. Related Markets
  4. Market characteristics
    1. Market Overview
    2. Market Segmentation
    3. Market Dynamics
      1. Drivers
      2. Restraints
      3. Opportunities
    4. DRO - Impact Analysis
  5. Product: Market Size & Analysis
    1. Overview
    2. Round Bodied Needle
    3. Blunt Point Needle
    4. Reverse Cutting Needle
    5. Conventional Cutting Needle
    6. Spatula Needle
    7. Taper cut Needle
  6. Application: Market Size & Analysis
    1. Overview
    2. Cardiovascular procedures
    3. General surgery and GI procedures
    4. Orthopedic procedures
    5. Gynecological procedures
    6. Others
  7. Geography: Market Size & Analysis
    1. Overview
    2. North America
    3. Europe
    4. Asia Pacific
    5. Rest of the World
  8. Competitive Landscape
    1. Competitor Comparison Analysis
    2. Market Developments
      1. Mergers and Acquisitions, Legal, Awards, Partnerships
      2. Product Launches and execution
  9. Vendor Profiles
    1. Shanghai Medical Suture Needle Factory
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    2. Hangzhou Huawei Medical Products
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    3. Shandong Haidi Ke Biotechnology
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    4. Ningbo Medical Needle
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    5. Vitrex Medical A/S
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    6. Suturex and Renodex
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    7. World Precision Instruments
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    8. Micromed Medizintechnik
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    9. Advanced Medical Solutions
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    10. Kono Seisakusho
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
  10. Analyst Opinion
  11. Annexure
    1. Report Scope
    2. Market Definitions
    3. Research Methodology
      1. Data Collation and In-house Estimation
      2. Market Triangulation
      3. Forecasting
    4. Report Assumptions
    5. Declarations
    6. Stakeholders
    7. Abbreviations

Research Framework

Infoholic research works on a holistic 360° approach in order to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involves following steps:

  • Data Collation (Primary & Secondary)
  • In-house Estimation (Based on proprietary data bases and Models)
  • Market Triangulation
  • Forecasting

Market related information is congregated from both primary and secondary sources.

Primary sources

involved participants from all global stakeholders such as Solution providers, service providers, Industry associations, thought leaders etc. across levels such as CXOs, VPs and managers. Plus, our in-house industry experts having decades of industry experience contribute their consulting and advisory services.

Secondary sources

include public sources such as regulatory frameworks, government IT spending, government demographic indicators, industry association statistics, and company publications along with paid sources such as Factiva, OneSource, Bloomberg among others.

Interested in this report?
Get your FREE sample now!

Select User License

$

Want to customize this report?

This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

We offer 10% worth of FREE customization at the time of purchase

Related Reports