Global Suture Needles Market 2019-2023 | Increasing Healthcare Expenditure Drives Growth | Technavio

Technavios global suture needles market research report projects the market to grow at a CAGR of over 4% during the forecast period.

The increasing healthcare expenditure will be one of the major trends in the global suture needles market during 2019-2023. There has been a substantial increase in the healthcare expenditure of various countries over the past few years. This is expected to contribute to the growth of the global suture needles market. The healthcare expenditure is expected to rise with the increase in disposable incomes. The increasing healthcare expenditure will improve healthcare systems, which will increase the use of suture needles in healthcare centers.

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

According to Technavio analysts, one of the key drivers for the global suture needles market is the increasing number of surgeries:

Global suture needles market: Increasing number of surgeries


Subscribe to the Global Banking & Finance Review Newsletter for FREE
Get Access to Exclusive Reports to Save Time & Money

By using this form you agree with the storage and handling of your data by this website. We Will Not Spam, Rent, or Sell Your Information.
All emails include an unsubscribe link. You may opt-out at any time. See our privacy policy.

The increase in the number of surgeries and the rise in chronic disease conditions contribute to the growth of the global suture needles market. Surgery is important to manage various health conditions such as obstructed labor, injuries, malignancy, chronic diseases, and infections. Suture needles have become important surgical tools as they help in sealing wounds after injuries and incisions during surgical procedures.

According to a senior analyst at Technavio for research on health care equipment and services, Suture needles are used in several surgical procedures such as general, neurological, orthopedic, urological, cesarean, and cardiothoracic surgeries. The rising prevalence of cardiovascular diseases and orthopedic diseases is expected to increase the demand for surgery and subsequently suture needles.

Global suture needles market: Segmentation analysis

This global suture needles market analysis report provides market segmentation by application (cardiovascular procedures, general surgery and GI procedures, orthopedic procedures, gynecological procedures, and others) and by region (the Americas, APAC, and EMEA). This report provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.

Of the four major applications, the cardiovascular procedures segment held the largest suture needles market share in 2018, contributing to approximately 33% of the market. This application segment will dominate the global market throughout the forecast period.

The Americas held the largest share of the market in 2018, accounting for close to 44% share. It was followed by EMEA and APAC respectively. The Americas is expected to dominate the market throughout the period 2019-2023.

Looking for more information on this market? Request a free sample report

Technavios sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavios report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at [email protected].

Technavio Research
Jesse Maida
Media & Marketing Executive
+1 844 364 1100
UK: +44 203 893 3200