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Suture Needles Industry Overview
The global suture needles market size is expected to reach USD 740.9 million by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.2% from 2021 to 2028. An increasing incidence of chronic diseases and a rising number of surgical procedures are driving the market.
Suture Needles Market Segmentation
Grand View Research has segmented the global suture needles market on the basis of shape, type, application, and region:
Based on the Shape Insights, the market is segmented into Compound-cure Shaped Needles, Straight Shaped Needles, J Shape Needle, Half Curved.
- Straight-shaped needles accounted for the largest revenue share of over 40.0% in 2020. The segment growth can be linked to the increasing popularity of abdominal surgery and rhinoplasty. It is also used in microsurgery for nerve and vascular healing.
- The half-curved needle segment is expected to grow at a rapid pace over the forecast period. This is because a half-curved needle follows a predictable course through tissue and takes up less space than a straight needle.
Based on the Type Insights, the market is segmented into Tapercut Needle, Blunt Point Needle, Reverse Cutting Needle, Round Bodied Needle, Conventional Cutting Needle, Spatula Needle.
- Tapercut needle accounted for the largest revenue share of over 35.0% in 2020. The taper-point needle is used to puncture easily penetrated tissues (such as subcutaneous layers, dura, peritoneum, and abdominal viscera) while minimizing fascia tearing, which is anticipated to boost the demand for suture needles.
- The blunt point needle segment is expected to grow at a rapid pace over the forecast period. Blunt point needle is recommended as an alternative to taper point needles as it significantly decreases the risk exposures during surgical procedures and can be used in place of traditional curved needles, which is projected to fuel the market expansion in the near future.
Based on the Application Insights, the market is segmented into Cardiovascular, General Surgery, Orthopedic Procedures, Gynecological Procedures, Veterinary Procedures, Others.
- The cardiovascular segment accounted for the largest revenue share of over 35.0% in 2020. This is due to an increase in the frequency of cardiovascular diseases and technical breakthroughs in diagnosis, surgical equipment, and imaging.
- The others segment includes gastrointestinal surgery, obstetrics surgery, urology, and oral surgery. This category is expected to grow significantly over the projected period due to an increase in the number of women's health difficulties and an increase in the number of obese people.
Suture Needles Regional Outlook
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East Africa (MEA)
Key Companies Profile Market Share Insights
Companies are focusing on improving their product offerings and increasing their distribution networks through partnerships and collaborations to get a larger portion in the market.
Some prominent players in the global suture needles market include
- Medtronic
- Futura Surgicare Pvt. Ltd.
- Johnson Johnson Medical N.V.
- Aurolab
- Natsume Seisakusho Co., Ltd.
- Alfresa Pharma Corporation
- Bear Medic Corporation
- SUTUREX RENODEX
- Teleflex Incorporated
- Smith Nephew
- Hu-Friedy Mfg. Co., LLC
- FSSB Chirurgische Nadeln GmbH
- Burtons Medical Equipment Ltd.
- Advin Health Care
Order a free sample PDF of the Suture Needles Market Intelligence Study, published by Grand View Research.
About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
Contact:
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Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
