Global Suture Needle Market Research Report: Information by Shapes (Straight Shaped Needles, J Shape Needles, Compound Curve Shaped Needles and Half Curved), Types (Eyed Needles and Eyeless), End Users (Ambulatory Surgical Centers, Hospital, Clinics and others) and Region (Americas, Europe, Asia-Pacific and Middle East & Africa) - Forecast till 2027
Market Insights:
Market Research Future (MRFR)’s study reveals that the Americas suture needles market is set to expand at a healthy CAGR of 6.5% during the forecast period. The developments in the healthcare sector have motivated the medical device manufacturers to develop their product portfolios. Suture needles market has witnessed the widening of the range of product offerings such as a blunt needle, round-bodied needle, etc. for keeping up with the medical advancements. This, in turn, has propelled the growth of the market and is likely to continue impacting the suture needles market expansion positively.
The shift towards minimally invasive technology has paved the way for the adoption of the round-bodied needle as it pierces and spreads the tissues with minimal cutting. It is forecasted to augment the suture needles market in the foreseeable future. Additionally, an upsurge in the number of surgeries is predicted, which is projected to expedite the expansion of the suture needles market over the assessment period.
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The market looks attractive at present and is likely to flourish over the next couple of years. Some of the factors responsible for catapulting the market on an upward trajectory include rising healthcare expenditure, increasing innovations in the healthcare sector, the large-scale prevalence of chronic diseases, and increasing count of health care service centers, among others. However, the shift towards surgical staplers for suturing, especially in the super specialty healthcare centers, is a major factor expected to hold the growth of the suture needles market during the assessment period.
Market Segmentation:
By type of needle, the suture needles market has been segmented into round bodied needle, spatula needle, reverse cutting needle, blunt point needle, conventional cutting needle, tapercut needle, and others.
By needle end type, the Americas suture needles market is segmented into eyed and eyeless.
By end-user, the suture needles market has been segmented into hospital, clinics, ambulatory surgical centers and others.
Regional Outlook:
By region, the Americas suture needles market has been segmented into North America and South America. North America accounts for a major share of the Americas market and is likely to retain its pole position through the forecast period. The region is estimated to strike a CAGR of 6.5% over the assessment period. The U.S. and Canada are projected to propel the suture needles market proliferation over the next couple of years. Rising demand for outpatient surgeries as well as the increasing count of bariatric and ophthalmic surgeries are prognosticated to influence the growth of the U.S. market in the coming years.
The factors favoring the proliferation of the North America suture needles market include maintenance of an adequate supply of surgical equipment, increasing demand for blunt point needles and taper cut needles technological advancements, the large-scale prevalence of lifestyle diseases like obesity and diabetes, etc. Meanwhile, South America also is expected to thrive significantly over the assessment period. The growth is attributable to the increase in the number of laparoscopic surgeries.
Competitive Dashboard:
Some of the key players profiled in this report are 3M (U.S.), TNI medical AG (Germany), Roboz Surgical Instrument Co. (U.S.), Ethicon US, LLC. (U.S), Hu-Friedy Mfg. Co., LLC (U.S.), Karl Hammacher (Germany), Dealmed Medical Supplies LLC (U.S.), Stryker Corporation (U.S.), H&H Medical Corporation (U.S.), Allen Medical Systems (U.S.), BD (U.S.), and Leica Microsystems Inc. (U.S.).
Industry Developments:
In March 2018, Michigan-based Stryker has launched Cobra, its reusable suture passing technology. It is claimed to be an innovation in the reusable needle technology.
In May 2018, the U.S. based DePuy Synthes has launched a knee arthroscopy device called TRUESPAN Meniscal Repair System. It protects implants and sutures against misfiring or jamming with a depth-stop and rigid needle.
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Market Research Future (MRFR)’s latest analysis projects that the global CBD hemp oil market is set to expand at a healthy pace in the foreseeable future.
The trend is forecasted to perpetuate over the next few years.CBD hemp oil has developed various medical applications such as mitigation of pain, stress relief, treatment of anxiety & depression, diabetes prevention, beneficial for heart health, acne reduction, alleviation of cancer symptoms, etc.
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CBD hemp oil is likely to gain popularity as a nutritional supplement and body care product ingredient over the next few years.
The growth can be ascribed to the strong value maintained by the thriving healthcare sector.
Clinical Laboratory Services Market: By Type (Biochemistry, Endocrinology, Microbiology, Hematology, Histopathology, Cytology, Genetic Testing and Others), By Application (Independent, Laboratory, Reference Laboratory and Hospital Laboratory) and Region (Americas, Europe, Asia Pacific, and The Middle East & Africa) - Global Forecast till 2023Market Highlights:According to Market Research Future (MRFR)’s analysis, the global clinical laboratory services market is set to touch a valuation of USD 274450 Mn during the forecast period 2018 to 2023.
is poised to dictate the growth trajectory of the global market in the forthcoming years.Rising awareness about diseases has fueled demand for early diagnosis.
The rapid developments in the healthcare sector coupled with extensive research & development is presumed to encourage the proliferation of the market in the foreseeable future.
Innovation is the key focus for the market participants.
Among these, the hematology segment held 25.6% market share in 2017.
As per the 2018 statistics revealed by the Leukemia & Lymphoma Society, around 60,300 people are projected to be diagnosed with leukemia, whereas, 24,370 people are expected to succumb to the disease.Avail a Free Sample@ https://www.marketresearchfuture.com/sample_request/7145By application, the global clinical laboratory services market has been segmented into independent laboratory, reference laboratory, and hospital laboratory.
Market Synopsis:According to Market Research Future (MRFR)’s latest analysis, the Americas orthopedic biomaterial market is set to thrive at a robust CAGR of 11.5% during the forecast period 2017 to 2023.
Additionally, the rising rate of accidents causing bone injuries coupled with increasing count of knee surgeries are likely to expedite the expansion of the Americas orthopedic biomaterial market over the assessment period.The increasing patient pool has encouraged the government to take initiatives for increasing awareness as well as seamless access to orthopedic surgeries.
Meanwhile, factors such as high cost and failure of joint implants are poised to hold the growth of the market in the next few years.Market Segmentation:By material, the Americas orthopedic biomaterial market has been segmented into metals and non-metals.
The non-metals segment has been sub-segmented into ceramic, polymeric, natural biomaterials and others.By application, Americas orthopedic biomaterial market has been segmented into joint replacement, fracture fixation devices, tissue fixation, spine implants, viscosupplementation, and others.
The fracture fixation devices segment has been sub-segmented into screws, plates for bones, rods, and others.Regional Outlook:The regional analysis of the Americas orthopedic biomaterial market spans across the U.S., Canada, and the Rest of America.
The U.S. is the most significant country-level market of the region and is poised to witness substantial growth in the forthcoming years.
Americas Orthopedic Biomaterial Market Synopsis:According to Market Research Future (MRFR)’s latest analysis, the Americas orthopedic biomaterial market report is set to thrive at a robust CAGR of 11.5% during the forecast period 2017 to 2023.
The extensive use of biomaterials for internal fracture fixation is one of the key factors responsible for the growth of the market.The increasing orthopedic patient pool coupled with the exponential geriatric population is expected to drive the proliferation of the Americas orthopedic biomaterial market.
Additionally, the rising rate of accidents causing bone injuries coupled with increasing count of knee surgeries are likely to expedite the expansion of the Americas orthopedic biomaterial market over the assessment period.The rising demand for hip replacement surgeries is another major factor projected to have a positive impact on the expansion of the Americas orthopedic biomaterial market in the forthcoming years.
Meanwhile, factors such as high cost and failure of joint implants are poised to hold the growth of the market in the next few years.Get a FREE Sample with Complete TOC By Considering the COVID-19 impact on Global Market @ https://www.marketresearchfuture.com/sample_request/641Americas Orthopedic Biomaterial Market Segmentation:By material, the Americas orthopedic biomaterial market has been segmented into metals and non-metals.
The metals segment is further sub-segmented into stainless steel, Titanium Alloy, Cobalt alloy, and others.
The non-metals segment has been sub-segmented into ceramic, polymeric, natural biomaterials and others.By application, Americas orthopedic biomaterial market has been segmented into joint replacement, fracture fixation devices, tissue fixation, spine implants, viscosupplementation, and others.
