Certified Global Research Member
Key Questions Answered
- Global Market Outlook
- In-depth analysis of global and regional trends
- Analyze and identify the major players in the market, their market share, key developments, etc.
- To understand the capability of the major players based on products offered, financials, and strategies.
- Identify disrupting products, companies, and trends.
- To identify opportunities in the market.
- Analyze the key challenges in the market.
- Analyze the regional penetration of players, products, and services in the market.
- Comparison of major players’ financial performance.
- Evaluate strategies adopted by major players.
- Recommendations
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
One of the main drivers of the Asia Pacific suture needle market is rising healthcare costs. In Asia Pacific, healthcare spending has surged, driving demand for medical equipment like suture needles. This is because regional economies have grown.
Suture needle demand is rising due to a rise in surgical operations in Asia Pacific. Due to medical advances and an aging population, more elective and necessary surgeries are being performed, pushing the suture needle market. This market is driven by rising product demand.
Medical technologies and new suture needle designs are influencing the industry. Both causes are changing the market. Asia-Pacific doctors and other health care workers are buying more and more advanced suture tools that improve accuracy, ease of use, and patient results.
More people in the Asia-Pacific area are getting chronic diseases that need more surgeries and other medical care. Due to their adaptability, suture needles are used in many medical procedures, which boosts the market. Due to the rising burden of chronic diseases, healthcare systems are working hard.
Elderly people are one of the main drivers of healthcare demand in Asia Pacific, notably surgical procedures. Demand is rising in surgical therapy. Orthopedic, surgical, and wound closure procedures need suture needles. Medical treatments are prevalent among seniors.
Government measures to improve Asia Pacific healthcare facilities and services boost suture needle sales. These initiatives help the market. Healthcare reforms and medical facility investments foster the medical equipment sector, particularly suture needles. This climate promotes market expansion.
Increased discretionary income allows citizens in some Asia Pacific nations to pay for healthcare improvements. This has increased the acceptance and usage of new medical technologies, which has boosted the regional suture needle market.
Minimally invasive surgical treatments are becoming more common in Asia Pacific to save healthcare expenses and recovery time. In the rapidly changing healthcare environment, suture needles, especially those for minimally invasive procedures, are in demand.
Suture needle markets in Asia and the Pacific are heavily influenced by strict regulatory and quality standards. These regulations safeguard needle quality. Manufacturers must follow strict requirements to ensure product effectiveness and safety. This boosts patient and healthcare worker confidence.
Strategic partnerships and cooperation between market participants, healthcare institutions, and research organizations have been linked to suture needle market growth. Many of these relationships lead to revolutionary technology and product breakthroughs, which expand current markets.
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Growth Rate | 7.20% (2023-2032) |
Asia Pacific Suture Needles Market Highlights:
Asia Pacific Suture Needles Market Overview
Suture Needles Market Size was valued at USD 382.35 Billion in 2023. The Global Suture Needles industry is projected to grow from USD 402.71 Billion in 2024 to USD 712.3 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 7.56% during the forecast period (2024 - 2032). Suture needle is used for the placement of the suture within the tissue by carrying the material with minimal residual trauma.
An ideal suture needle should be rigid enough to avoid distortions, and flexible enough to bend before breaking. There are various types of suture needles used in a number of surgical procedures. They are made of steel, have blunt or sharp points, and can be curved or straight. Round-bodied needles pierce and spread the tissues with minimal cutting. They are used in easily penetrable tissues like the peritoneum and abdominal viscera. Blunt, and round body needles are used to dissect through friable tissues like liver and kidney.
Needles need to be strong enough to pass through tough tissues, causing minimal trauma to them and reducing tissue reactions. Thus, specific requirements for different type of needles set for a particular surgical procedure, has led to an increase in their demand in the hospitals. Most of the surgeons prefer specific types of needles based on their application, for instance needles required for suturing after laparoscopic and bariatric surgery are different from those required for an ophthalmic surgery. It is important for suture needle manufacturers to analyze the demand for various types of needles and then plan their quantity to be manufactured and supplied in order to avoid wastage of resources, time and money.
Notably, increasing incidence of chronic diseases is the key factor driving the Asia Pacific suture needles market. As per a study published in the BMC Public Health in 2017, prevalence of type-2 diabetes, obesity, and cardiovascular disease has increased rapidly in the recent years.
Various other push factors such as, increasing advancement in technology, and rising adoption rate of new technology continuously contribute to the growth of the Asia Pacific suture needles market.
Despite these drivers, lack of a proper sterilization system, low healthcare expenditure, and unfavorable taxation policies may hamper the growth of the market. Additionally, many healthcare professionals have started using surgical staplers for suturing, especially in super specialty hospitals and tertiary care centers which may pose as another restraint and may reduce the demand for suture needles.
Intended Audience
- Suture Needles Suppliers
- Suture Needles manufacturers
- Research and Development (R&D) Companies
- Medical Research Laboratories
- Academic Medical Institutes and Universities
Suture Needles Market Segment Insights
Suture Needles Type Insights
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.
Suture Needles Needle End Type Insights
On the basis of needle end type, market is classified into eyed and eyeless needles.
Suture Needles Application Insights
On the basis of application, market is classified into general surgeries, gynecological surgeries, others.
Suture Needles End User Insights
On the basis of end-user, market is segmented into hospitals, clinics, ambulatory surgical centers and others.
Suture Needles Regional Insights
The Asia Pacific suture needles market consists of countries namely China, Japan, Republic of Korea, India, Australia and the Rest of Asia Pacific. Growing demand for outpatient surgeries, easy suturing using various types of needles according to intended medical specialty use and time saving technology, further tends to increase the demand of suturing needle in Asia Pacific.
Japan is the largest market for suture needles. Increase in prevalence of chronic diseases that require surgical procedures and medical tourism in Asia Pacific region are favoring the growth of this market.
Countries like China and Japan are focusing on exporting surgical equipment’s and surgical suturing material to countries worldwide. China is the second largest market followed by India. India is seen to be the fastest growing market for medical equipment manufactures. In India, the market of suture needles in increasing due to availability of low cost of raw material, better access to labor, increasing number of hospitals and healthcare centers. India is one of the top destinations for medical tourism, especially for orthopedic surgeries.
There is steady growth of this market in Australia and the Republic of Korea.
Asia Pacific Suture Needles Market 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
- H&H Medical Corporation
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.
