The report is titled as ‘Medical Suture Needle Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the medical suture needle market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The medical suture needle market is expected to grow at a significant rate in the near future.
The medical suture needle market was valued US$ 4.2 Bn at the end of 2020 and expected to reach at a value of US$ 6.9 Bn by 2028 with a significant CAGR of 6.3%.
Medical Suture Needle Market Definition
A suture needle can be understood as a surgical needle developed of stainless steel and it is majorly utilized for mildly penetrating and piercing the tissues of a human body. It can be sharp or blunt. The suture needles are usually intended to penetrate into muscle or fascia. Suturing is a medical method that is employed to shut and seal hypodermal wounds.
The prime purpose of this medical method is to seal the dead spaces, offer care and nourishment to wounds till it heals, reduces the risk of bleeding, and makes appealingly good skin. There are various different kinds of suture needles available in the global market such as taper point needle, coronary tip needle, spatula needle, taper cutting, triangle needle, and many others. The different types of suture needles are designed for the different types of tissue.
Medical Suture Needle Market Dynamics
The higher prevalence of chronic diseases among the population worldwide have majorly led to the requirements of several kinds of needles for specific methods of operation or surgery which has ultimately accelerated the demand of suture needles across the globe. Owing to which, the global medical suture needles market is projected to rise substantially in the near future.
Also, the count of road accidents, in the present times, has also increased drastically which leads to severe injuries that ultimately elevates the demand of medical suture needles across the global markets. Attributing to which, the global medical suture needle market is projected to witness major breakthroughs in the coming years.
Medical Suture Needle Market Segmentation
The global medical suture needle market is segmented on the basis of type, shape, end-user, and region.
By Type
Eyeless needles
Eyed needles
By Shape
J-shaped needles
Straight shaped needles
Half curved needles
Compound curve shaped needles
Others
By End-User
Hospitals
Ambulatory surgical centers (ASC)
Clinics
Others
By Region
North America
Latin America
Europe
Asia Pacific
Middle East
Africa
Medical Suture Needle Market Key Players
The key participating players of the global Medical Suture Needle market include Hu-Friedy Mfg. Co., LLC, Roboz Surgical Instrument, Hill-Rom, Medline Industries, Inc., B. Braun Melsungen AG, Medtronic Plc, and Johnson & Johnson Services, Inc. among others
MMC Overview on Medical Suture Needle Market Report
The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give a better opportunity for the customers to put their effort.
A research report on the Medical Suture Needle market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that support the market and the factors that are acting as impedance for the growth of the market.
Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
New product designs and launches
Current product compliance
Reimbursement
Concerns for use of Medical Suture Needle
Advantages of Medical Suture Needle
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to make informed decisions.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s products sales, previous growth rates and market expansion plans are considered to generate market share in the global market.
1. Global Medical Suture Needle Market Report Overview
1.1. Introduction
1.2. Report Description
1.3. Methodology
2. Global Medical Suture Needle Market Overview
2.1. Introduction
2.1.1. Market Definition
2.1.2. Market Taxonomy
2.2. Executive Summary
2.3. Global Medical Suture Needle Market Snapshot
2.4. Global Medical Suture Needle Market Size And Forecast, 2020–2028
2.4.1. Introduction
2.4.2. Market Value Forecast And Annual Growth Rate (AGR) Comparison (2020–2028)
2.5. Global Medical Suture Needle Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunity
2.5.4. Trends
2.6. Porter’s Five Forces Model
2.7. SWOT Analysis
2.8. PEST Analysis
2.9. Pricing Analysis
2.9.1. Regional Pricing Analysis By Product
2.9.2. Pricing Break-up
2.9.3. Manufacturer Level Pricing
2.9.4. Distributor Level Pricing
2.9.5. Global Average Pricing Analysis Benchmark
2.9.6. Pricing Analysis by Competition
3. Medical Suture Needle Assessment and Analysis
3.1. Medical Suture Needle Impact Analysis
3.2. Actions to encourage use of Medical Suture Needle
3.3. Medical Suture Needle Promotional Strategy Recommendation
3.4. Potential Analysis
4. Covid-19 Impact on Medical Suture Needle Market
4.1. Impact Analysis of Covid-19 on the global Medical Suture Needle market
4.2. Effect On Value Chain
4.3. Business Impact W.R.T Revenue
4.4. Volatility In Price
4.5. Effect On The Overall Trade
4.6. Market Impact Analysis In 2020 (Quarter Wise)
5. Global Medical Suture Needle Market, By Type
5.1. Introduction
5.1.1. Annual Growth Rate Comparison, By Type
5.1.2. BPS Analysis, By Type
5.2. Market Revenue (US$Mn) and Forecast, By Type
5.2.1. Eyeless Needles
5.2.2. Eyes Needles
5.3. Global Medical Suture Needle Market Attractiveness Index, By Type
6. Global Medical Suture Needle Market, By Shape
6.1. Introduction
6.1.1. Annual Growth Rate Comparison, By Shape
6.1.2. BPS Analysis, By Shape
6.2. Market Revenue (US$Mn) and Forecast, By Shape
6.2.1. J-shaped needles
6.2.2. Straight shaped needles
6.2.3. Half curved needles
6.2.4. Compound curve shaped needles
6.2.5. Others
6.3. Global Medical Suture Needle Market Attractiveness Index, By Shape
7. Global Medical Suture Needle Market, By End-User
7.1. Introduction
7.1.1. Annual Growth Rate Comparison, By End-User
7.1.2. BPS Analysis, By End-User
7.2. Market Revenue (US$Mn) and Forecast, By End-User
7.2.1. Hospitals
7.2.2. Ambulatory surgical centres (ASC)
7.2.3. Clinics
7.2.4. Others
7.3. Global Medical Suture Needle Market Attractiveness Index, By End-User
8. Global Medical Suture Needle Market, By Region
8.1. Introduction
8.1.1. Annual Growth Rate Comparison, By Region
8.1.2. BPS Analysis, By Region
8.2. Market Revenue (US$Mn) and Forecast, By Region
8.2.1. North America
8.2.2. Latin America
8.2.3. Europe
8.2.4. Asia Pacific
8.2.5. Middle East
8.2.6. Africa
8.3. Global Medical Suture Needle Market Attractiveness Index, By Region
9. North America Medical Suture Needle Market Analysis and Forecast, 2020–2028
9.1. Introduction
9.1.1. Annual Growth Rate Comparison, By Country
9.1.2. BPS Analysis, By Country
9.2. Market Revenue (US$Mn) and Forecast, By Country
9.2.1. U.S. Medical Suture Needle Market
9.2.2. Canada Medical Suture Needle Market
9.3. North America Medical Suture Needle Market, By Type
9.3.1. Eyeless Needles
9.3.2. Eyes Needles
9.4. North America Medical Suture Needle Market, By Shape
9.4.1. J-shaped needles
9.4.2. Straight shaped needles
9.4.3. Half curved needles
9.4.4. Compound curve shaped needles
9.4.5. Others
9.5. North America Medical Suture Needle Market, By End-User
9.5.1. Hospitals
9.5.2. Ambulatory surgical centres (ASC)
9.5.3. Clinics
9.5.4. Others
9.6. North America Medical Suture Needle Market Attractiveness Index
9.6.1. By Country
9.6.2. By Type
9.6.3. By Shape
9.6.4. By End-User
10. Latin America Medical Suture Needle Market Analysis and Forecast, 2020–2028
10.1. Introduction
10.1.1. Annual Growth Rate Comparison, By Country
10.1.2. BPS Analysis, By Country
10.2. Market (US$Mn) Forecast, By Country
10.2.1. Brazil Medical Suture Needle Market
10.2.2. Mexico Medical Suture Needle Market
10.2.3. Rest Of Latin America Medical Suture Needle Market
10.3. Latin America Medical Suture Needle Market, By Type
10.3.1. Eyeless Needles
10.3.2. Eyes Needles
10.4. Latin America Medical Suture Needle Market, By Shape
10.4.1. J-shaped needles
10.4.2. Straight shaped needles
10.4.3. Half curved needles
10.4.4. Compound curve shaped needles
10.4.5. Others
10.5. Latin America Medical Suture Needle Market, By End-User
10.5.1. Hospitals
10.5.2. Ambulatory surgical centres (ASC)
10.5.3. Clinics
10.5.4. Others
10.6. Latin America Medical Suture Needle Market Attractiveness Index
10.6.1. By Country
10.6.2. By Type
10.6.3. By Shape
10.6.4. By End-User
11. Europe Medical Suture Needle Market Analysis and Forecast, 2020–2028
11.1. Introduction
11.1.1. Annual Growth Rate Comparison, By Country
11.1.2. BPS Analysis, By Country
11.2. Market (US$Mn) Forecast, By Country
11.2.1. U.K. Medical Suture Needle Market
11.2.2. Germany Medical Suture Needle Market
11.2.3. Italy Medical Suture Needle Market
11.2.4. France Medical Suture Needle Market
11.2.5. Spain Medical Suture Needle Market
11.2.6. Russia Medical Suture Needle Market
11.2.7. Rest Of Europe Medical Suture Needle Market
11.3. Europe Medical Suture Needle Market, By Type
11.3.1. Eyeless Needles
11.3.2. Eyes Needles
11.4. Europe Medical Suture Needle Market, By Shape
11.4.1. J-shaped needles
11.4.2. Straight shaped needles
11.4.3. Half curved needles
11.4.4. Compound curve shaped needles
11.4.5. Others
11.5. Europe Medical Suture Needle Market, By End-User
11.5.1. Hospitals
11.5.2. Ambulatory surgical centres (ASC)
11.5.3. Clinics
11.5.4. Others
11.6. Europe Medical Suture Needle Market Attractiveness Index
11.6.1. By Country
11.6.2. By Type
11.6.3. By Shape
11.6.4. By End-User
12. Asia Pacific Medical Suture Needle Market Analysis and Forecast, 2020–2028
12.1. Introduction
12.1.1. Annual Growth Rate Comparison, By Country
12.1.2. BPS Analysis, By Country
12.2. Market (US$Mn) Forecast, By Country
12.2.1. China Medical Suture Needle Market
12.2.2. India Medical Suture Needle Market
12.2.3. Japan Medical Suture Needle Market
12.2.4. Australia and New Zealand Medical Suture Needle Market
12.2.5. South Korea Medical Suture Needle Market
12.2.6. Rest of Asia Pacific Medical Suture Needle Market
12.3. Asia Pacific Medical Suture Needle Market, By Type
12.3.1. Eyeless Needles
12.3.2. Eyes Needles
12.4. Asia Pacific Medical Suture Needle Market, By Shape
12.4.1. J-shaped needles
12.4.2. Straight shaped needles
12.4.3. Half curved needles
12.4.4. Compound curve shaped needles
12.4.5. Others
12.5. Asia Pacific Medical Suture Needle Market, By End-User
12.5.1. Hospitals
12.5.2. Ambulatory surgical centres (ASC)
12.5.3. Clinics
12.5.4. Others
12.6. Asia Pacific Medical Suture Needle Market Attractiveness Index
12.6.1. By Country
12.6.2. By Type
12.6.3. By Shape
12.6.4. By End-User
13. Middle East Medical Suture Needle Market Analysis and Forecast, 2020–2028
13.1. Introduction
13.1.1. Annual Growth Rate Comparison, By Country
13.1.2. BPS Analysis, By Country
13.2. Market (US$Mn) Forecast, By Country
13.2.1. GCC Countries Medical Suture Needle Market
13.2.2. Israel Medical Suture Needle Market
13.2.3. Rest Of Middle East Medical Suture Needle Market
13.3. Middle East Medical Suture Needle Market, By Type
13.3.1. Eyeless Needles
13.3.2. Eyes Needles
13.4. Middle East Medical Suture Needle Market, By Shape
13.4.1. J-shaped needles
13.4.2. Straight shaped needles
13.4.3. Half curved needles
13.4.4. Compound curve shaped needles
13.4.5. Others
13.5. Middle East Medical Suture Needle Market, By End-User
13.5.1. Hospitals
13.5.2. Ambulatory surgical centres (ASC)
13.5.3. Clinics
13.5.4. Others
13.6. Middle East Medical Suture Needle Market Attractiveness Index
13.6.1. By Country
13.6.2. By Type
13.6.3. By Shape
13.6.4. By End-User
14. Africa Medical Suture Needle Market Analysis and Forecast, 2020–2028
14.1. Introduction
14.1.1. Annual Growth Rate Comparison, By Country
14.1.2. BPS Analysis, By Country
14.2. Market (US$Mn) Forecast, By Country
14.2.1. South Africa Countries Medical Suture Needle Market
14.2.2. Egypt Medical Suture Needle Market
14.2.3. North Africa Medical Suture Needle Market
14.2.4. Rest of Africa Medical Suture Needle Market
14.3. Africa Medical Suture Needle Market, By Type
14.3.1. Eyeless Needles
14.3.2. Eyes Needles
14.4. Africa Medical Suture Needle Market, By Shape
14.4.1. J-shaped needles
14.4.2. Straight shaped needles
14.4.3. Half curved needles
14.4.4. Compound curve shaped needles
14.4.5. Others
14.5. Africa Medical Suture Needle Market, By End-User
14.5.1. Hospitals
14.5.2. Ambulatory surgical centres (ASC)
14.5.3. Clinics
14.5.4. Others
14.6. Africa Medical Suture Needle Market Attractiveness Index
14.6.1. By Country
14.6.2. By Type
14.6.3. By Shape
14.6.4. By End-User
15. Competitive Landscape
15.1. Competition Dashboard
15.2. Company Share Analysis
15.2.1. Market Analysis by Tier of Companies
15.2.2. Market Share Analysis of Top Players
15.2.3. Market Presence Analysis
15.2.4. Regional Footprint of Players
15.2.5. Product Footprint by Players
15.2.6. Channel Footprint by Players
15.3. Company Profiles
15.3.1. Hu-Friedy Mfg. Co., LLC
15.3.1.1. Company Overview
15.3.1.2. Financial Overview
15.3.1.3. Key Developments
15.3.1.4. Strategies
15.3.1.5. Product Analysis
15.3.2. Roboz Surgical Instrument
15.3.3. Hill-Rom
15.3.4. Medline Industries, Inc.
15.3.5. B. Braun Melsungen AG
15.3.6. Medtronic Plc
15.3.7. Johnson & Johnson Services, Inc.
16. Acronyms
Frequently Asked Questions
What is the projected market size & Compound Annual Growth Rate (CAGR) of the market?
The medical suture needle market was valued US$ 4.2 Bn at the end of 2020 and expected to reach at a value of US$ 6.9 Bn by 2028 with a significant CAGR of 6.3%.
What are the key factors driving the growth of market?
The higher prevalence of chronic diseases among the population and increasing count of road accidents are the key factors driving the growth of market
What segments are covered in market report?
The global medical suture needle market is segmented on the basis of type, shape, end-user, and region
What are the key participating players in the market?
The key participating players of the global Medical Suture Needle market include Hu-Friedy Mfg. Co., LLC, Roboz Surgical Instrument, Hill-Rom, Medline Industries, Inc., B. Braun Melsungen AG, Medtronic Plc, and Johnson & Johnson Services, Inc. among others
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