Global Suture Needles Market to reach USD XX billion by 2027.Global Suture Needles Market is valued approximately USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2021-2027. Suture needles are also known as round bodied needles owing to their shape and blunt point. The needles are tapered. They are widely used for closing soft tissue found below the skin's surface. Growing cardiovascular illnesses and rising food and increase in surgical procedure are key drivers for the growth of Suture Needles market. According to World Health Organization (WHO)- an estimated 17.9 million people died from cardiovascular disease in 2019, representing 32% of all global deaths. Of these deaths, 85% were due to heart attack and stroke.
Over three quarters of cardiovascular disease deaths take place in low- and middle-income countries. Also, with the rising medical tourism and growing rate of chronic disease, the adoption & demand for Suture Needles is likely to increase the market growth during the forecast period. However, supply shortage due to covid 19 pandemic impedes the growth of the market over the forecast period of 2021-2027.

The key regions considered for the global Suture Needles market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to high prevalence of cardiovascular illnesses and well-established healthcare system in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2021-2027. Factors such as rising disposable income and growing medical industry in the region would create lucrative growth prospects for the Suture Needles market across Asia-Pacific region.

Major market player included in this report are:
Medtronic

Futura Surgicare Pvt. Ltd.

Johnson & Johnson Medical N.V.

Aurolab

Natsume Seisakusho Co., Ltd.

Alfresa Pharma Corporation

Bear Medic Corporation

SUTUREX & RENODEX

Teleflex Incorporated

Smith & Nephew
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Shape:
Compound-cure Shaped Needles
Straight Shaped Needles
J Shape Needle
Half Curved

By Type:
Tapercut Needle
Blunt Point Needle
Reverse Cutting Needle
Round Bodied Needle
Conventional Cutting Needle
Spatula Needle

By Application:
Cardiovascular
General Surgery
Orthopedic Procedures
Gynecological Procedures
Veterinary Procedures
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027

Target Audience of the Global Suture Needles Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors