The global Sutures Needle market was valued at 116.32 Million USD in 2021 and will grow with a CAGR of 3.99% from 2021 to 2027, based on Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Sutures Needles are necessary for the placement of sutures in tissues; therefore, they must be designed to carry suture material through tissues with minimal.The global average price of Sutures Needle is in the decreasing trend, from 716 USD/K Unit in 2012 to 727 USD/K Unit in 2017. With the situation of global economy, prices will be in increasing trend in the following five years. The classification of Sutures Needle includes Corner Needle, Shovel Needle, Straight Needle, Round Needle and others, and the proportion of Round Needle in 2017 is about 38%, and the proportion is in decreasing trend from 2012 to 2017. Sutures Needle is widely used in hospitals, clinics and ASCs. The most proportion of Sutures Needle is used in clinics, and the proportion in 2017 is 42%. North America is the largest consumption place, with a consumption market share nearly 34% in 2017. Following North America, Europe is the second largest consumption place with the consumption market share of 26%. Market competition is not intense. Johnson & Johnson, Covidien (Medtronic), B.Braun, Teleflex, Hu-Friedy, etc. are the leaders of the industry, with high-end customers; have been formed in the monopoly position in the industry.

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Key Indicators Analysed

 

Key Reasons to Purchase

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