Global Surgical Needle Market Insights, Forecast to 2025
The global average price of Surgical Needle is in the decreasing trend, from 716 USD/K Unit in 2012 to 727 USD/K Unit in 2016. With the situation of global economy, prices will be in increasing trend in the following five years.
The classification of Surgical Needle includes 5/8 Circle, 1/4 Circle, 3/8 Circle, 1/2 Circle and others, and the proportion of 1/2 Circle in 2016 is about 38%, and the proportion is in decreasing trend from 2012 to 2016.
Surgical Needle is widely used in hospitals, clinics and others. The most proportion of Surgical Needle is used in clinics, and the proportion in 2016 is 42%.
North America is the largest consumption place, with a consumption market share nearly 34% in 2016. Following North America, Europe is the second largest consumption place with the consumption market share of 26%.
Market competition is not intense. Johnson & Johnson, Medtronic, B Braun, Medline, Smith & Nephew, etc. are the leaders of the industry, with high-end customers; have been formed in the monopoly position in the industry.
The global Surgical Needle market is valued at 1230 million US$ in 2018 and will reach 1710 million US$ by the end of 2025, growing at a CAGR of 4.2% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Surgical Needle market based on company, product type, end user and key regions.
This report studies the global market size of Surgical Needle in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Surgical Needle in these regions.
This research report categorizes the global Surgical Needle market by top players/brands, region, type and end user. This report also studies the global Surgical Needle market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Johnson & Johnson
Smith & Nephew
Market size by Product
Market size by End User
Market size by Region
Central & South America
Rest of Central & South America
Middle East & Africa
The study objectives of this report are:
To study and analyze the global Surgical Needle market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Surgical Needle market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Surgical Needle companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Surgical Needle submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Surgical Needle are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (M Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Surgical Needle market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.