Medical Suture Needle Market Report 2021: Increased Investments, Product Launches, and Collaborations to Spur Growth – Forecast to 2026

(Heraldkeepers via Comtex)

The global Medical Suture Needle Market size will grow by US$ 3,809.4 Million by 2024 at a CAGR of 3.2% in the given forecast period.

Suturing is a technique used to close cutaneous wounds. The prime goals of this technique involve closing dead spaces, reducing the risks of bleeding, strengthening wounds until healing, and making skin aesthetically pleasing. Suture needles are made of stainless-steel wire drilled or slotted at the end of the needle. The production process is very complicated, it is a high-tech product, fine punching and even laser drilling technology.

The global Medical Suture Needle market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Medical Suture Needle market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

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The increasing number of surgical procedures and a favorable reimbursement scenario for several surgical procedures are the major drivers propelling market growth. However, the easy availability of alternatives and increasing incidences of needle stick injuries may constrain the growth of the market.

The global Medical Suture Needle market is segregated on the basis of Type as Eyed Needles and Eyeless. Based on End-User the global Medical Suture Needle market is segmented in Ambulatory Surgical Centers, Hospital, Clinics, and Others.

Based on Shape, the global Medical Suture Needle market is segmented in Straight Shaped Needles, J Shape Needles, Compound Curve Shaped Needles, and Half Curved.

Competitive Rivalry

Johnson & Johnson Services Inc., Vitrex Medical A/S, Suturex&Renodex, Advanced Medical Solutions, Kono Seisakusho, Futura Surgicare, Hill-Rom, Medtronic plc., B. Braun Melsungen AG, and others are among the major players in the global Medical Suture Needle market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

The Medical Suture Needle Market has been segmented as below:

Medical Suture Needle Market, By Type

Eyed NeedlesEyeless

Medical Suture Needle Market, By End-User

Ambulatory Surgical CentersHospitalClinicsOthers

Medical Suture Needle Market, By Shape

Straight Shaped NeedlesJ Shape NeedlesCompound Curve Shaped NeedlesHalf Curved

Medical Suture Needle Market, By Region

North AmericaEuropeAsia-PacificRest of the World

Medical Suture Needle Market, By Company

Johnson & Johnson Services Inc.Vitrex Medical A/SSuturex&RenodexAdvanced Medical SolutionsKono SeisakushoFutura SurgicareHill-RomMedtronic plc.B. Braun Melsungen AG

The report covers:

Global Medical Suture Needle market sizes from 2015 to 2024, along with CAGR for 2018-2024Market size comparison for 2017 vs 2024, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2024Global Medical Suture Needle market trends, covering comprehensive range of consumer trends & manufacturer trendsValue chain analysis covering participants from raw material suppliers to the downstream buyer in the global Medical Suture Needle marketMajor market opportunities and challenges in forecast timeframe to be focusedCompetitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic managementComprehensive company profiles of the key industry players

Report Scope:

The global Medical Suture Needle market report scope includes detailed study covering underlying factors influencing the industry trends.

The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Medical Suture Needle market share. Major industry players with significant revenue share include Johnson & Johnson Services Inc., Vitrex Medical A/S, Suturex&Renodex, Advanced Medical Solutions, Kono Seisakusho, Futura Surgicare, Hill-Rom, Medtronic plc., B. Braun Melsungen AG, and others.

Reasons to Buy this Report:

Gain detailed insights on the Medical Suture Needle industry trendsFind complete analysis on the market statusIdentify the Medical Suture Needle market opportunities and growth segmentsAnalyse competitive dynamics by evaluating business segments & product portfoliosFacilitate strategy planning and industry dynamics to enhance decision making

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Table of Contents:

Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis Executive Summary Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter’s Five Force Analysis Medical Suture Needle Market, By Type Medical Suture Needle Market, By End-User Medical Suture Needle Market, By Shape
7.1 Introduction
7.2 Straight Shaped Needles
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 J Shape Needles
7.3.1 Market Overview
7.3.2 Market Size and Forecast
7.4 Compound Curve Shaped Needles
7.4.1 Market Overview
7.4.2 Market Size and Forecast
7.5 Half Curved
7.5.1 Market Overview
7.5.2 Market Size and Forecast Medical Suture Needle Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 North America Medical Suture Needle, By Type
8.2.2 North America Medical Suture Needle, By End-User
8.2.3 North America Medical Suture Needle, By Shape
8.3 Europe
8.3.1 Europe Medical Suture Needle, By Type
8.3.2 Europe Medical Suture Needle, By End-User
8.3.3 Europe Medical Suture Needle, By Shape
8.4 Asia-Pacific
8.4.1 Asia-Pacific Medical Suture Needle, By Type
8.4.2 Asia-Pacific Medical Suture Needle, By End-User
8.4.3 Asia-Pacific Medical Suture Needle, By Shape
8.5 Rest of the World
8.5.1 Rest of the World Medical Suture Needle, By Type
8.5.2 Rest of the World Medical Suture Needle, By End-User
8.5.3 Rest of the World Medical Suture Needle, By Shape Competitive Insights
9.1 Key Insights
9.2 Company Market Share Analysis
9.3 Strategic Outlook
9.3.1 Mergers & Acquisitions
9.3.2 New Product Development
9.3.3 Portfolio/Production Capacity Expansions
9.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
9.3.5 Others Company Profiles
10.1 Johnson & Johnson Services Inc.
10.1.1 Company Overview
10.1.2 Product/Service Landscape
10.1.3 Financial Overview
10.1.4 Recent Developments
10.2 Vitrex Medical A/S
10.2.1 Company Overview
10.2.2 Product/Service Landscape
10.2.3 Financial Overview
10.2.4 Recent Developments
10.3 Suturex&Renodex
10.3.1 Company Overview
10.3.2 Product/Service Landscape
10.3.3 Financial Overview
10.3.4 Recent Developments
10.4 Advanced Medical Solutions
10.4.1 Company Overview
10.4.2 Product/Service Landscape
10.4.3 Financial Overview
10.4.4 Recent Developments
10.5 Kono Seisakusho
10.5.1 Company Overview
10.5.2 Product/Service Landscape
10.5.3 Financial Overview
10.5.4 Recent Developments
10.6 Futura Surgicare
10.6.1 Company Overview
10.6.2 Product/Service Landscape
10.6.3 Financial Overview
10.6.4 Recent Developments
10.7 Hill-Rom
10.7.1 Company Overview
10.7.2 Product/Service Landscape
10.7.3 Financial Overview
10.7.4 Recent Developments
10.8 Medtronic plc.
10.8.1 Company Overview
10.8.2 Product/Service Landscape
10.8.3 Financial Overview
10.8.4 Recent Developments
10.9 B. Braun Melsungen AG
10.9.1 Company Overview
10.9.2 Product/Service Landscape
10.9.3 Financial Overview
10.9.4 Recent Developments

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