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Surgical Needle Market Precise Outlook 2020- Johnson & Johnson, Medtronic, Medline, Smith & Nephew, B Braun

12-21-2020 09:11 AM CET | Health & Medicine

Press release from: Market Insights Reports

Global Surgical Needle Market Insights, Forecast to 2026

This report studies the Surgical Needle Market with many aspects of the industry like the market size, market status, market trends, and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. The report offers valuable insight into the Surgical Needle market progress and approaches related to the Surgical Needle market with an analysis of each region. The report goes on to talk about the dominant aspects of the market and examine each segment.

(Exclusive Offer: Up to 30% discount on this report)

Click the link to get a Sample Copy of the Report:

https://www.marketinsightsreports.com/reports/10012323111/global-surgical-needle-market-growth-2020-2025/inquiry?Mode=70   

According to this study, over the next five years the Surgical Needle market will register a 4.4%% CAGR in terms of revenue, the global market size will reach $ 1552.8 million by 2025, from $ 1309.2 million in 2019. 

The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Surgical Needle Market: Johnson & Johnson, Internacional Farmac�utica, Medtronic, Medline, Smith & Nephew, B Braun, Sutures India, Peters Surgical, SERAG-WIESSNER, Feuerstein, Aspen Surgical, Resorba, Unimed, Assut Medical, Wego

Global Surgical Needle Market Split by Product Type and Applications:

Segment by Type
5/8 Circle
1/4 Circle
3/8 Circle
1/2 Circle
Other

Segment by Application
Hospital
Clinic
Other

The increase in the number of surgical procedures is expected to drive the growth of the market. For instance, according to the data published by the American Society of Plastic Surgeons, in 2016, around 1,780,987 cosmetic surgical procedures were performed. Moreover, favorable reimbursement scenario for several surgical procedures has fueled the growth of the market. On the other hand, the easy availability of alternatives and increasing incidences of needle stick injuries are anticipated to hamper the market growth. North America leads the global surgical needles market and accounted for about 40% market share in 2018. North America region is expected to lead the market over the forecast period with development mostly focused in the U.S. market.  

Industry News:

Johnson & Johnson Services, Inc. held the second-largest share of 19.7% in the Surgical Needles market in 2016. In recent years, the major strategies adopted by the company are a collaboration with other organizations, receiving approval from government regulatory bodies, strong R& D investment, and cost reduction initiatives to expand profitability.

ETHICON, a subsidiary of J&J, launched PROXISURE™ SUTURING DEVICE to improve precision in minimally invasive surgery. Ethicon acquired NeuWave Medical, Inc. Furthermore, the company has also invested heavily in various research and development activities to bring innovative products to the market and to cater to the unmet market needs.

Influence of the Surgical Needle Market Report:

-Comprehensive assessment of all opportunities and risk in the Surgical Needle market.

-Surgical Needle market recent innovations and major events.

-Detailed study of business strategies for growth of the Surgical Needle market-leading players.

-Conclusive study about the growth plot of Surgical Needle market for forthcoming years.

-In-depth understanding of Surgical Needle market-particular drivers, constraints and major micro markets.

-Favourable impression inside vital technological and market latest trends striking the Surgical Needle market.

Browse the report description and TOC:

https://www.marketinsightsreports.com/reports/10012323111/global-surgical-needle-market-growth-2020-2025?Mode=70  

What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Surgical Needle Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

Contact US :

Irfan Tamboli (Head of Sales)
Market Insights Reports
Phone: + 1704 266 3234 | Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com

About Us:

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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