Suture Needles Market research report - Asia Pacific  forecast till 2027

Suture Needles Market Information By Type (Round Bodied, Blunt, Conventional Cutting Needle), Needle End Type (Eyed And Eyeless Needles), By Application (General, Gynecological Surgeries) By End User (Hospitals, Clinics) – Asia Pacific Forecast till 2027

ID: MRFR/MED/0184-HCR | February 2021 | Region: Global | 85 pages

Please note that the assessment period of report has been updated from 2017-2023 to 2020-2027. Cordially fill the sample form for updated data.

Market Scenario


Suture needle is used for the placement of the suture within the tissue by carrying the material with minimal residual trauma. An ideal suture needle should be rigid enough to avoid distortions, and flexible enough to bend before breaking. There are various types of suture needles used in a number of surgical procedures. They are made of steel, have blunt or sharp points, and can be curved or straight. Round-bodied needles pierce and spread the tissues with minimal cutting. They are used in easily penetrable tissues like the peritoneum and abdominal viscera. Blunt, and round body needles are used to dissect through friable tissues like liver and kidney.


Needles need to be strong enough to pass through tough tissues, causing minimal trauma to them and reducing tissue reactions. Thus, specific requirements for different type of needles set for a particular surgical procedure, has led to an increase in their demand in the hospitals. Most of the 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. It is important for suture needle manufacturers to analyze the demand for various types of needles and then plan their quantity to be manufactured and supplied in order to avoid wastage of resources, time and money.


Notably, increasing incidence of chronic diseases is the key factor driving the Asia Pacific suture needles market. As per a study published in the BMC Public Health in 2017, prevalence of type-2 diabetes, obesity, and cardiovascular disease has increased rapidly in the recent years.


Various other push factors such as, increasing advancement in technology, and rising adoption rate of new technology continuously contribute to the growth of the Asia Pacific suture needles market.


Despite these drivers, lack of a proper sterilization system, low healthcare expenditure, and unfavorable taxation policies may hamper the growth of the market. Additionally, many healthcare professionals have started using surgical staplers for suturing, especially in super specialty hospitals and tertiary care centers which may pose as another restraint and may reduce the demand for suture needles. 


The Asia Pacific market of suture needles is expected to grow at a CAGR of approximately 7.5% during the forecast period 2017-2023.


Intended Audience



  • Suture Needles Suppliers

  • Suture Needles manufacturers

  • Research and Development (R&D) Companies

  • Medical Research Laboratories

  • Academic Medical Institutes and Universities


Market Synopsis of Suture Needles market by Region, 2016 (%):
Asia Pacific Suture Needles Market---


Sources: Press Release, presentation, company website, annual reports, government records, journals expert interview.


 


Segmentation
The suture needle is segmented on the basis of type, application, needle end type, and end-users.


On the basis of type, 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, market is classified into eyed and eyeless needles.


On the basis of application, market is classified into general surgeries, gynecological surgeries, others.


On the basis of end-user, market is segmented into hospitals, clinics, ambulatory surgical centers and others. 



Regional Analysis
The Asia Pacific suture needles market consists of countries namely China, Japan, Republic of Korea, India, Australia and the Rest of Asia Pacific. Growing demand for outpatient surgeries, easy suturing using various types of needles according to intended medical specialty use and time saving technology, further tends to increase the demand of suturing needle in Asia Pacific.


Japan is the largest market for suture needles. Increase in prevalence of chronic diseases that require surgical procedures and medical tourism in Asia Pacific region are favoring the growth of this market.


Countries like China and Japan are focusing on exporting surgical equipment’s and surgical suturing material to countries worldwide. China is the second largest market followed by India. India is seen to be the fastest growing market for medical equipment manufactures. In India, the market of suture needles in increasing due to availability of low cost of raw material, better access to labor, increasing number of hospitals and healthcare centers. India is one of the top destinations for medical tourism, especially for orthopedic surgeries.


There is steady growth of this market in Australia and the Republic of Korea. 


Key Players
Some of key the players in the Asia Pacific suture needles market are 3M Health Care, Roboz Surgical Instrument, Hu-Friedy Mfg. Co., LLC, TNI medical AG, Unimed Medical Supplies Inc., Medline Industries, Inc., Ethicon US, LLC, Sutures India Private Limited, Dolphin Sutures, Karl Hammacher, and H&H Medical Corporation. 


Research Methodology

Asia Pacific Suture Needles Market----


Sources: Annual reports, Press release, White paper, and Company presentation


 



TABLE OF CONTENT

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restrains

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Technology Trends & Assessment

Chapter 5. Market Factor Analysis

5.1 Porter’s Five Forces Analysis

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 Value Chain Analysis

5.3 Investment Feasibility Analysis

5.4 Pricing Analysis

Chapter 6. Asia Pacific Suture Needle Market, by Type

6.1 Introduction

6.2 Skin-Prick Test

Market Estimates & Forecast, 2020-2027

6.3 Atopy Patch Test (APT)

Market Estimates & Forecast, 2020-2027

6.4 Blood Test

Market Estimates & Forecast, 2020-2027

6.5 Oral Food Challenge

Market Estimates & Forecast, 2020-2027

6.6 Others

Chapter 7. Asia Pacific Suture Needle Market, by Needle End Type

7.1 Introduction

7.2 Oral Immunotherapy (OIT)

Market Estimates & Forecast, 2020-2027

7.3 Medication

Market Estimates & Forecast, 2020-2027

7.4 Others

Market Estimates & Forecast, 2020-2027

Chapter 8. Asia Pacific Suture Needle Market, by Application

8.1 Introduction

8.2 General Surgeries

Market Estimates & Forecast, 2020-2027

8.3 Gynecological Surgeries

Market Estimates & Forecast, 2020-2027

8.4 Others

Market Estimates & Forecast, 2020-2027

Chapter 9 Asia Pacific Suture Needle Market, by End User

9.1 Introduction

9.2 Hospital

Market Estimates & Forecast, 2020-2027

9.3 Clinics

Market Estimates & Forecast, 2020-2027

9.4 Ambulatory Surgical Centers

Market Estimates & Forecast, 2020-2027

9.5 Others

Chapter 10. Asia Pacific Suture Needles Market by Region

10.1 Introduction

10.2 Asia Pacific

10.2.1 Japan

10.2.2 China

10.2.3 India

10.2.4 Republic of Korea

10.2.5 Australia

10.2.6 Rest of Asia Pacific

Chapter 11 Company Landscape

11.1 Introduction

11.2 Market Share Analysis

11.3 Key Development & Strategies

11.3.1 Key Developments

Chapter 12 Company Profiles

12.1 3M Health Care

12.1.1 Company Overview

12.1.2 Product Overview

12.1.3 Financials

12.1.4 SWOT Analysis

12.2 Roboz Surgical Instrument

12.2.1 Company Overview

12.2.2 Product Overview

12.2.3 Financial Overview

12.2.4 Key Developments

12.2.5 SWOT Analysis

12.3 Hu-Friedy Mfg. Co., LLC

12.3.1 Company Overview

12.3.2 Product Overview

12.3.3 Financial Overview

12.3.4 Key Development

12.3.5 SWOT Analysis

12.4 Unimed Medical Supplies Inc.

12.4.1 Company Overview

12.4.2 Product/Business Segment Overview

12.4.3 Financial Overview

12.4.4 Key Development

12.4.5 SWOT Analysis

12.5 Medline Industries, Inc.

12.5.1 Company Overview

12.5.2 Product Overview

12.5.3 Financial overview

12.5.4 Key Developments

12.6 TNI medical AG

12.6.1 Company Overview

12.6.2 Product Overview

12.6.3 Financial Overview

12.6.4 Key Developments

12.7 Sutures India Private Limited

12.7.1 Overview

12.7.2 Product Overview

12.7.3 Financials

12.7.4 Key Developments

12.7.5 SWOT Analysis

12.8 Others

Chapter 13 MRFR Conclusion

13.1 Key Findings

13.1.1 From CEO’s View Point

13.1.2 Unmet Needs of the Market

13.2 Key Companies to Watch

13.3 Prediction of Pharmaceutical industry

Chapter 14 Appendix

LIST OF TABLES

Table 1 Suture Needle Industry Synopsis, 2020-2027

Table 2 Asia Pacific Suture Needle Market Estimates and Forecast, 2020-2027, (USD Million)

Table 3 Asia Pacific Suture Needle Market by Region, 2020-2027, (USD Million)

Table 4 Asia Pacific Suture Needle Market by Types, 2020-2027, (USD Million)

Table 5 Asia Pacific Suture Needle Market by Needle end type, 2020-2027, (USD Million)

Table 6 Asia Pacific Suture Needle Market by Application, 2020-2027, (USD Million)

Table 7 Asia Pacific Suture Needle Market by End Users, 2020-2027, (USD Million)

Table 8 Japan Suture Needle Market by Types, 2020-2027, (USD Million)

Table 9 Japan Suture Needle Market by Needle end type, 2020-2027, (USD Million)

Table 10 Japan Suture Needle Market by Application, 2020-2027, (USD Million)

Table 11 Japan Suture Needle Market by End Users, 2020-2027, (USD Million)

Table 12 China Market by Types, 2020-2027, (USD Million)

Table 13 China Suture Needle Market by Needle end type, 2020-2027, (USD Million)

Table 14 China Suture Needle Market by Application, 2020-2027, (USD Million)

Table 15 China Suture Needle Market by End Users, 2020-2027, (USD Million)

Table 16 India Market by Types, 2020-2027, (USD Million)

Table 17 India Suture Needle Market by Needle end type, 2020-2027, (USD Million)

Table 18 India Suture Needle Market by Application, 2020-2027, (USD Million)

Table 19 India Needle Market by End Users, 2020-2027, (USD Million)

Table 20 Republic of Korea Market by Types, 2020-2027, (USD Million)

Table 21 Republic of Korea Suture Needle Market by Needle end type, 2020-2027, (USD Million)

Table 22 Republic of Korea Suture Needle Market by Application, 2020-2027, (USD Million)

Table 23 Republic of Korea Suture Needle Market by End Users, 2020-2027, (USD Million)

Table 24 Australia Market by Types, 2020-2027, (USD Million)

Table 25 Australia Suture Needle Market by Needle end type, 2020-2027, (USD Million)

Table 26 Australia Suture Needle Market by Application, 2020-2027, (USD Million)

Table 27 Australia Suture Needle Market by End Users, 2020-2027, (USD Million)

Table 28 Rest of Asia Pacific Market by Types, 2020-2027, (USD Million)

Table 29 Rest of Asia Pacific Suture Needle Market by Needle end type, 2020-2027, (USD Million)

Table 30 Australia Suture Needle Market by Application, 2020-2027, (USD Million)

Table 31 Rest of Asia Pacific Suture Needle Market by End Users, 2020-2027, (USD Million)

LIST OF FIGURES

Figure 1 Research Process

Figure 2 Segmentation for Asia Pacific Suture Needle Market

Figure 3 Segmentation Market Dynamics for Asia Pacific Suture Needle Market

Figure 4 Asia Pacific Suture Needle market Share, by Type 2020

Figure 5 Asia Pacific Suture Needle market Share, by Needle end type 2020

Figure 5 Asia Pacific Suture Needle market Share, by Application 2020

Figure 6 Asia Pacific Suture Needle Market Share, by End Users, 2020

Figure 7 Asia Pacific Suture Needle Market Share, by Region, 2020

Figure 10 Asia Pacific Suture Needle Market Share, by Country, 2020

Figure 12 Asia Pacific Suture Needle Market: Company Share Analysis, 2020 (%)

Figure 13 3M Health Care : Key Financials

Figure 14 3M Health Care: Segmental Revenue

Figure 15 3M Health Care: Geographical Revenue

Figure 16 Roboz Surgical Instrument: Key Financials

Figure 17 Roboz Surgical Instrument: Segmental Revenue

Figure 18 Roboz Surgical Instrument: Geographical Revenue

Figure 19 Hu-Friedy Mfg. Co., LLC: Key Financials

Figure 20 Hu-Friedy Mfg. Co., LLC: Segmental Revenue

Figure 21 Hu-Friedy Mfg. Co., LLC: Geographical Revenue

Figure 22 Unimed Medical Supplies Inc.: Key Financials

Figure 23 Unimed Medical Supplies Inc.: Segmental Revenue

Figure 24 Unimed Medical Supplies Inc.: Geographical Revenue

Figure 25 Medline Industries, Inc.: Key Financials

Figure 26 Medline Industries, Inc.: Segmental Revenue

Figure 27 Medline Industries, Inc.: Geographical Revenue

Figure 28 TNI medical AG : Key Financials

Figure 29 TNI medical AG : Segmental Revenue

Figure 30 TNI medical AG : Geographical Revenue

Figure 31 Sutures India Private Limited: Key Financials

Figure 32 Sutures India Private Limited: Segmental Revenue

Figure 33 Sutures India Private Limited: Geographical Revenue