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Suture Passer Market 2020 Revenue Report of Top Companies Like Smith & Nephew, Arthrex, Inc., Stryker, CONMED Corporation, Medical Devices Business Services, Inc.

01-27-2020 06:18 AM CET | IT, New Media & Software

Press release from: Data Bridge Market Research Pvt. Ltd.

Global Suture Passer Market 2020

Global Suture Passer Market 2020

Global suture passer market?is set to witness a substantial CAGR in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. This rise in market value can be attributed to increasing number of surgical procedures and burn cases.

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Few of the major competitors currently working in global suture passer market are?Gateway Medical Associates, HNM Medical, Integrated Endoscopy, KARL STORZ SE & Co. KG, Smith & Nephew, Arthrex, Inc., Stryker, CONMED Corporation, Medical Devices Business Services, Inc., Zimmer Biomet, Richard Wolf GmbH, The Ackermann Group, Cannuflow, Ceterix Orthopaedics, Siesta Medical, Inc., THE OR COMPANY, M.A. QADEER & NASEER SURGICAL CO. among others.

The rapidly revolutionizing market place demands the best market and business solutions to thrive in the market. This Suture Passer market document contains a comprehensive data of market definition, classifications, applications, engagements, market drivers and market restraints of Healthcare Industry all of which is derived from SWOT analysis. Market definition covered in this Suture Passer market document gives the scope of particular product with respect to the driving factors and restraints in the market. The sources of data and information mentioned in the Suture Passer market document are very reliable and include websites, annual reports of the companies, journals, and mergers which are checked and validated by the market experts.

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Market Definition:?Global?Suture Passer?Market

Suture passer?is used to perform solid fixation of structures, and often used to remove structures during surgical procedures with anchoring suture through an osseous tunnel. The suture passer is also used to pass soft tissue structures and tendons through bones during reconstructive procedures. The demand for suture passer has widely increased as the product is helping surgeons by offering various benefits such as suture passer abolishes inconvenience and time and can be used in several arthroscopic procedures. Demand for suture passer is furthered expected to increase with rising accidents and burn cases.

Segmentation: Global?Suture Passer?Market

Suture Passer?Market : By Product Type

Reusable-Disposable Needle-Based Suture Passers
Reusable-Penetrating Suture Passers
Disposable-Retrieving Suture Passers

Suture Passer?Market : By Procedure

Ophthalmic Surgery
Cardiovascular Surgery
Orthopedic Surgeries
Gynecological Surgeries
Cosmetic & Plastic Surgeries
Neurological Surgery
Others

Suture Passer?Market : By End User

Hospitals
Ambulatory Centers
Specially? Clinics
Others

Suture Passer?Market : By?Geography

North America
South America
Europe
Asia-Pacific
Middle East & Africa

Key Developments in the Suture Passer Market:-

In September 2015, Ceterix Orthopaedics, Inc. received U.S. FDA 510(k) clearance for NovoStitch Plus a meniscal repair system. The product is designed to be used in orthopedic surgeries to address radial, horizontal, and other complex meniscal tears. This product approval will help company to increase product portfolio in global suture passer market

In July 2018, Stryker launched Cobra, First reusable suture passer for arthroscopic rotator cuff repair. The Cobra is designed to offers better needle stiffness as compared to other suture passer and to resolve other problems such as intraoperative misfires and distal tip needle breakages. The new product launch will help company to increase its market presence as new product is a value-based robust needle technology to provide cost-effective solution

Suture Passer Market :Competitive Analysis:-

Global suture passer market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of suture passer market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Suture Passer Market Drivers:-

Increasing number of surgical procedures and burn cases is expected to drive the growth of the market

Increasing prevalence of chronic diseases acts as a market driver

Increasing technological advancement also drives this market growth

Favorable reimbursement scenario in developed regions will also accelerate the market growth

Suture Passer Market Restraints:-

Increasing preference for minimally invasive surgeries is expected to restrict the market growth

Lack of proper sterilization system also hampers the market growth

Availability of alternative wound care management product?is hindering the market growth

Opportunities in the Suture Passer Market :-

To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, and detail the competitive landscape for market leaders

To describe and forecast of Suture Passer market, in terms of value, for various segments, by region North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)

Comprehensive quantitative analysis of the industry is provided for the period of 2020-2026 to assist stakeholders to capitalize on the prevailing market opportunities.

Extensive analysis of the key segments of the industry helps in understanding the trends in types of point of care test across Europe.

To get a comprehensive overview of the Suture Passer market.

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Data Bridge Market Research
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About Data Bridge Market Research:

Data Bridge Market Research?is a versatile market research and consulting firm with over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Our coverage of industries include Medical Devices, Pharmaceuticals, Biotechnology, Semiconductors, Machinery, Information and Communication Technology, Automobiles and Automotive, Chemical and Material, Packaging, Food and Beverages, Cosmetics, Specialty Chemicals, Fast Moving Consumer Goods, Robotics, among many others.

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