ID: MRFR/HC/0134-HCRR | May, 2018 | Region: Global | 80 pages | Half-Cooked Research Reports
Various types of suture needles used in number of surgical procedures, which are made of steel, have blunt or sharp points, and can be curved or straightened. Available as round-bodied needles, they pierce and spread the tissues with minimal cutting. They are used to easily penetrate tissues like peritoneum and abdominal viscera. Blunt and round body needles are used to dissect through friable tissues like liver and kidney. The primary use of needle is to pass through tough tissues with minimal trauma and tissue reactions.
Different types of needles are required for a particular surgical procedure, which increase their demand in hospitals. Moreover, most surgeons prefer specific types of needles based on their application, for instance, needles required for suturing after laparoscopic and bariatric surgery are different from those required for an ophthalmic surgery. The increasing number of surgeries will boost the market growth.
On the other hand, many healthcare professionals have started using surgical staplers for suturing especially in super specialty hospitals and tertiary care centres, which may reduce the demand for suture needles over the review period.
Market Synopsis of Americas Suture Needles Market by Region, 2016 (%)
Source: Annual reports, press release, white paper, company presentation
The Americas suture needles market is expected to grow at a steady CAGR of 6.5% during the forecasted period.
The Americas suture needles market is segmented on the basis of type of needle, needle end type, and end user.
On the basis of type of needle, the market is segmented into round bodied needle, blunt point needle, reverse cutting needle, conventional cutting needle, spatula needle, tapercut needle, and others.
On the basis of needle end type, it is segmented into eyed and eyeless.
On the basis of end user, the market is segmented into hospital, clinics, ambulatory surgical centres and others.
Source: World Health Organization, Centers for Disease Control and Prevention, European Society of Clinical Microbiology and Infectious Diseases, U.S. National Library of Medicine, National Organization for Rare Disorders, The American Autoimmune Related Diseases Association, The International Society for Human and Animal Mycology, Expert Interview Market Research Future Analysis, Annual report, White paper, Company Presentation
On the basis of region, the Americas suture needles market is divided into North America and South America. North America consists of the U.S and Canada. It is the largest market of suture needles, which is expected to grow at a CAGR of 6.5% during the forecast period of 2017-2023.
Increasing demand for outpatient surgeries and the increasing number of bariatric and ophthalmic surgeries in hospitals favour the growth of this market in the US. Maintaining an adequate supply of surgical equipment is particularly important to cope up with the rising demand for the surgeries. Use of advance technology in the manufacturing of surgical equipment is also increasing the growth of the market.
North America is experiencing rapid growth due to increasing demand for blunt point needles and tapercut needles owing to increasing prevalence of lifestyle diseases like obesity and diabetes.
South America exhibits an increase in the demand for suture needles, which are required for laparoscopic surgeries.
3M (U.S.), Roboz Surgical Instrument Co. (U.S.), Hu-Friedy Mfg. Co., LLC (U.S.), TNI medical AG (Germany), Ethicon US, LLC. (U.S), Dealmed Medical Supplies LLC (U.S.), Karl Hammacher (Germany), H&H Medical Corporation (U.S.), Stryker Corporation (U.S.), BD (U.S.), Allen Medical Systems (U.S.), and Leica Microsystems Inc.(U.S.).
Table of Contents
1 Report Prologue
2 Market Introduction
2.2 Scope of Study
2.3 Research Objective
2.4 Assumptions & Limitations
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
4 Market Dynamics
5 Market Factor Analysis
5.1 Porter’s Five Forces Model
5.1.1 Bargaining Power of Suppliers
5.1.2 Bargaining Power of Buyers
5.1.3 Threat of New Entrants
5.1.4 Threat of Substitutes
5.1.5 Intensity of Rivalry
5.2 Supply Chain Analysis
6. Americas Suture Needles Market, by Type of Needle
6.1 Round Bodied Needle
6.2 Blunt Point Needle
6.3 Reverse Cutting Needle
6.4 Conventional Cutting Needle
6.5 Spatula Needle
6.6 Tapercut Needle
7. Americas Suture Needles Market, by Needle End Type
8. Americas Suture Needles Market, by End Users
8.1 Ambulatory Surgical Centres
9. Global Medical Suction Device Market, by Region
9.2.1 North America
9.2.2 South America
10 Competitive Landscape
10.2 Market Share Analysis
10.3 Key Development & Strategies
11 Company Profile
11.1.2 Product/Business Segment Overview
11.1.3 Financial Updates
11.1.4 Key Developments
11.2 Roboz Surgical Instrument
11.2.2 Product/Business Segment Overview
11.2.3 Financial Updates
11.2.4 Key Developments
11.3 Hu-Friedy Mfg. Co., LLC
11.3.2 Product/Business Segment Overview
11.3.3 Financial Updates
11.3.4 Key Development
11.4 TNI medical AG
11.4.2 Product/Business Segment Overview
11.4.3 Financial Updates
11.4.4 Key Development
11.5 Dealmed Medical Supplies LLC
11.5.2 Product/Business Segment Overview
11.5.3 Financial Updates
11.5.4 Key Developments
11.6 H&H Medical Corporation
11.6.2 Product/Business Segment Overview
11.6.3 Financial Updates
11.6.4 Key Developments
11.7 Stryker Corporation
11.7.2 Product/Business Segment Overview
11.7.3 Financial Updates
11.7.4 Key Developments
11.8 Ethicon US, LLC
11.8.2 Product/Business Segment Overview
11.8.3 Financial Updates
11.8.4 Key Developments
11.9 Allen Medical Systems
11.9.2 Product/Business Segment Overview
11.9.3 Financial Updates
11.9.4 Key Developments
12.1 Key Findings
12.1.1 From CEO’s Viewpoint
12.1.2 Unmet Needs of the Market
12.2 Key Companies to Watch
12.3 Prediction of Suture Needles Industry