Asia Pacific Suture Needles Market is Growing Healthy CAGR i.e. ~7.5% CAGR till 2023

Market Research Future has a half cooked research report on the Asia Pacific suture needles market. Suture Needles: Increase in Number of Hospitals and Medical Tourism will Boost The Market Growth at a Strong CAGR of ~ 7.5% During The Forecast Period 2017-2023

Presently, electronic advancements, for instance, minimally invasive surgery equipment, and robotic & power assisted systems, are principally driving the surgical equipment market. Surgical equipment have wide applications in distinctive surgical techniques, for example, neurosurgery, plastic and reconstructive surgeries, wound closure, urology, obstetrics and gynecology, thoracic surgery, micro-vascular, cardiovascular, orthopedic surgery, laparoscopy and others. Suture needles are manufactured in a wide range of types, shapes, lengths and diameters. The choice of needle to be used must rest with the surgeon, and may take into account several factors such as the requirements of the specific procedure, the nature of the tissue to be sutured, the accessibility of the operative area, and the preferred techniques of each individual surgeon, thus, increasing the demand for suture needles.

Sample report Available at https://www.marketresearchfuture.com/sample_request/627 .

Key Players

Some of key the players in the Asia Pacific suture needles market are 3M Health Care, Roboz Surgical Instrument, Hu-Friedy Mfg. Co., LLC, TNI medical AG, Unimed Medical Supplies Inc., Medline Industries, Inc., Ethicon US, LLC, Sutures India Private Limited, Dolphin Sutures, Karl Hammacher, and H&H Medical Corporation.

Increasing incidence of chronic diseases, high advancement in technology, and rising adoption rate of new technology promote the growth of suture needles market. According to the study published in BMC Public Health in 2017, prevalence of type-2 diabetes, obesity, and cardiovascular disease has increased rapidly in recent years.

It is estimated that suture needles market is expected to grow at a CAGR 7.5% during the forecast period of 2017-2023.

Regional Analysis

Asia Pacific suture needles market consists of countries namely China, Japan, Republic of Korea, India, Australia and the Rest of Asia Pacific. Japan is the largest market for suture needles. Increase in prevalence of chronic diseases and medical tourism boost the growth of healthcare market. Growing demand for outpatient surgeries is found in Asian countries leading to increasing demand of suture material and needles in Asia Pacific.

China and Japan are focusing on exporting surgical equipment and surgical suturing material to countries worldwide, domestic manufacturers earning significant revenues through the export of surgical equipment.

In India, increasing number of hospitals and healthcare services, availability of low cost of raw material and better access to labor favor the growth of this market.

Australia and the Republic of Korea show slow growth in suture needles market.

Browse Complete report at https://www.marketresearchfuture.com/reports/asia-pacific-suture-needles-market-627 .

Segmentation

The suture needle is segmented on the basis of type, application, needle end type, and end-users.

On the basis of type, market is segmented into round bodied needle, blunt point needle, reverse cutting needle, conventional cutting needle, spatula needle, tapercut needle and others.

On the basis of needle end type, market is classified into eyed and eyeless needles.

On the basis of application, market is classified into general surgeries, gynecological surgeries, others.

On the basis of end-users, market is segmented into hospitals, clinics, ambulatory surgical centers and others.

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