Suture Needles Market Size & Growth Analysis to 2030

The global suture needles market size is anticipated to register a significant CAGR of around 5% during the forecast period 2021 to 2027. The rising prevalence of cardiovascular diseases coupled with the increasing number of surgical procedures is a major factor to drive the market growth. Furthermore, the increasing incidence of chronic diseases around the world is further anticipated to boost the market growth over the forecast period. Moreover, the favorable reimbursement policies and technological advancement in the healthcare sector are further anticipated to drive the market growth.

Market Drivers:

Increasing Surgical Procedures: The growing number of surgical procedures, including general surgeries, cardiovascular surgeries, orthopedic surgeries, and cosmetic surgeries, drives the demand for suture needles. Suture needles are essential tools used in wound closure during surgical procedures. As the global population grows, the incidence of various diseases and conditions requiring surgical interventions increases, leading to a higher demand for suture needles.

Technological Advancements in Needle Design: Continuous advancements in needle design enhance the performance, safety, and efficiency of suture needles. Manufacturers are developing needles with improved sharpness, precision, and handling characteristics. Advanced needle coatings and materials are being used to reduce tissue trauma, enhance tissue penetration, and improve suturing outcomes. These technological advancements drive the adoption of newer and more advanced suture needles.

Growing Focus on Minimally Invasive Surgeries: Minimally invasive surgical procedures, such as laparoscopy and robotic-assisted surgeries, are becoming increasingly common. These procedures require specialized suture needles that can be easily manipulated through small incisions and provide precise suturing. The adoption of minimally invasive surgeries contributes to the demand for suture needles specifically designed for these procedures.

Rising Prevalence of Chronic Diseases: The increasing prevalence of chronic diseases, such as cardiovascular diseases, diabetes, cancer, and orthopedic conditions, creates a higher demand for surgical interventions. Many chronic diseases require surgical procedures for diagnosis, treatment, or symptom management. Suture needles are integral in wound closure during these procedures, driving their demand.

Growing Aging Population: The global aging population is a significant demographic trend contributing to the demand for suture needles. With age, the risk of various medical conditions and the need for surgical interventions increases. Elderly individuals often require surgeries for joint replacements, cardiac procedures, and other age-related conditions, leading to a higher demand for suture needles.

Increasing Focus on Infection Control: Infection control is a critical aspect of healthcare, and surgical site infections are a major concern. Suture needles with features like antimicrobial coatings or designs that minimize tissue damage can help reduce the risk of infections. The growing focus on infection control drives the adoption of specialized suture needles that promote better wound healing and reduce the chances of post-operative infections.

Advancements in Suture Materials: The development of advanced suture materials, such as absorbable and non-absorbable sutures, influences the demand for compatible suture needles. Different suture materials require specific needle designs and characteristics for effective suturing. As new suture materials with improved properties are introduced, the corresponding demand for suture needles compatible with those materials increases.

Increasing Disposable Needle Usage: The shift towards disposable medical devices, including disposable suture needles, is observed across healthcare settings. Disposable suture needles offer advantages in terms of sterility, convenience, and infection control. The increasing adoption of disposable suture needles, particularly in outpatient settings and ambulatory surgery centers, drives the growth of the suture needles market.

Surge in Medical Tourism: Medical tourism, where individuals travel abroad for medical treatments, is on the rise. Countries that offer cost-effective healthcare services attract patients from around the world. Suture needles are essential components in surgical procedures performed in medical tourism destinations. The growth of medical tourism contributes to the demand for suture needles in these regions.

Market Snapshot:

Market Insights:

The global suture needles market is bifurcated into shape, type, application, and geography. On the basis of type, the market is further segmented into tapercut, blunt point, reverse cutting, round-bodied, conventional cutting, and spatula needles. The tapercut needles segment dominated the global market in 2020 and estimated to hold the largest market share of over one-third percent of the market. On the flip side, the blunt point needle segment is expected to grow at a fast growth rate as it is used as an alternative to tapercut needles.

On the basis of application, the market is segmented into Cardiovascular, General Surgery, Orthopedic Procedures, and Others. The cardiovascular segment dominated the global suture needles market in 2020 and accounted to hold the largest revenue share of over one-third percent of the market. The rising prevalence of cardiovascular diseases around the globe is a major factor driving the segment growth. Furthermore, the rising concern in women’s health and the growth in obese people is anticipated to drive the others segment over the forecast period.

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The suture needles comprehensive study analyzes industry trends, market size, competitive analysis, and market forecast – 2021 to 2027. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The suture needles market research report presents the analysis of each segment from 2018 to 2027 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.

Historical & Forecast Period

• 2018-19 – Historical Year
• 2020 – Base Year
• 2021-2027 – Forecast Period

Market Segmentation:

By Shape:

• Compound-cure Shaped Needles
• Straight Shaped Needles
• J Shape Needle
• Half Curved

By Type:

• Tapercut Needle
• Blunt Point Needle
• Reverse Cutting Needle
• Round Bodied Needle
• Conventional Cutting Needle
• Spatula Needle

By Application:

• Cardiovascular
• General Surgery
• Orthopedic Procedures
• Gynecological Procedures
• Veterinary Procedures
• Others

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Geographic Coverage

Geographically, North America dominated the global suture needles market in 2020 and accounted to hold the largest revenue share of over one-third percent of the market by 2027. The rising prevalence of cardiovascular diseases and the increasing adoption of minimally invasive surgeries are some of the major factors to drive the market growth in the region.  Furthermore, the growth in the geriatric population and the increasing healthcare expenditure are further anticipated to fuel the market in North America. On the other hand, the Asia Pacific is estimated to grow at the highest CAGR over the forecast period due to technological advancement and increasing disposable income per capita.

Competitive Assessment

Some of the major market players operating in the global suture needles market are Medtronic, Johnson & Johnson Medical N.V., Futura Surgicare Pvt. Ltd., Natsume Seisakusho Co., Ltd., and Aurolab. Companies are exploring markets through expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

Key Companies:

• Medtronic
• Johnson & Johnson Medical N.V.
• Futura Surgicare Pvt. Ltd.
• Natsume Seisakusho Co., Ltd.
• Aurolab
• Bear Medic Corporation
• Alfresa Pharma Corporation
• Teleflex Incorporated
• SUTUREX & RENODEX
• Smith & Nephew

Key Questions Answered by Suture Needles Market Report

• Global suture needles market forecasts from 2021-2027
• Regional suture needles market forecasts from 2021-2027 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
• Country-level forecasts from 2021-2027 covering 15 major countries from the regions as mentioned above
• Suture needles submarket forecasts from 2021-2027 cover the market by shape, by type, by application, and geography
• Various industry models such as SWOT analysis, Value Chain Analysis about suture needles market
• Analysis of the key factors driving and restraining the growth of the global, regional, and country-level suture needles markets from 2021-2027
• Competitive Landscape and market positioning of top 10 players operating in the suture needles market