Global Sutures Needle Market Growth 2019-2024

SKU ID : LPI-13842791 | Publishing Date : 08-Feb-2019 | No. of pages : 165

Sutures Needles are necessary for the placement of sutures in tissues; therefore, they must be designed to carry suture material through tissues with minimal.
The global average price of Sutures Needle is in the decreasing trend, from 716 USD/K Unit in 2012 to 727 USD/K Unit in 2017. With the situation of global economy, prices will be in increasing trend in the following five years.

The classification of Sutures Needle includes Corner Needle, Shovel Needle, Straight Needle, Round Needle and others, and the proportion of Round Needle in 2017 is about 38%, and the proportion is in decreasing trend from 2012 to 2017.

Sutures Needle is widely used in hospitals, clinics and ASCs. The most proportion of Sutures Needle is used in clinics, and the proportion in 2017 is 42%.

North America is the largest consumption place, with a consumption market share nearly 34% in 2017. Following North America, Europe is the second largest consumption place with the consumption market share of 26%.

Market competition is not intense. Johnson & Johnson, Covidien (Medtronic), B.Braun, Teleflex, Hu-Friedy, etc. are the leaders of the industry, with high-end customers; have been formed in the monopoly position in the industry.


According to this study, over the next five years the Sutures Needle market will register a 4.1% CAGR in terms of revenue, the global market size will reach US$ 1570 million by 2024, from US$ 1230 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Sutures Needle business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Sutures Needle market by product type, application, key manufacturers and key regions and countries.

This study considers the Sutures Needle value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Corner Needle
Shovel Needle
Straight Needle
Round Needle
Other
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Hospital
Clinic
ASCs

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Johnson & Johnson
Covidien (Medtronic)
B.Braun
Teleflex
Hu-Friedy
Peters Surgical
Shanghai Jinhuan
Aurolab
WEIHAI WEGO
FSSB
Kono Seisakusho
DemeTech
Dolphin (Futura Surgicare)
Gore Medical
Unik Surgical Sutures MFG

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Sutures Needle consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Sutures Needle market by identifying its various subsegments.
Focuses on the key global Sutures Needle manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Sutures Needle with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Sutures Needle submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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