Press release
Global Sutures Needle Market is valued at 1230 million US$ in 2018 and will reach 1710 million US$ by the end of 2025, growing at a CAGR of 4.2% by 2025 | Valuates Reports
Sutures Needles are necessary for the placement of sutures in tissues; therefore, they must be designed to carry suture material through tissues with minimal. Surgical Suture is widely used by Surgeons, physicians, dentists, podiatrists, eye doctors, registered nurses and other trained nursing personnel, medics, and clinical pharmacists.
This report studies the global market size of Sutures Needle in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Sutures Needle in these regions.
This research report categorizes the global Sutures Needle market by top players/brands, region, type and end user. This report also studies the global Sutures Needle market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The objectives of this study are to define, segment, and project the size of the Sutures Needle market based on company, product type, end user and key regions.
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Market Trends:
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.
The study objectives of this report are:
• To study and analyze the global Sutures Needle market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
• To understand the structure of Sutures Needle market by identifying its various subsegments.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• Focuses on the key global Sutures Needle companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
• To project the value and sales volume of Sutures Needle submarkets, with respect to key regions.
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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The following manufacturers are covered in this report, with sales, revenue, market share for each company:
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
Market size by Product
Corner Needle
Shovel Needle
Straight Needle
Round Needle
Other
Market size by End User
Hospital
Clinic
ASCs
Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Sutures Needle market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
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