Suture Needle Market

Suture needles plays an important role in the placement of sutures in tissues. Sometimes, the principle of choosing a suture needle also depends upon the type of tissue. For instance, taper point needles are usually preferred to suture tissues that are effortless to penetrate whereas tapercut or cutting needles are used for hard tissues.

The suture needles market is expecting a stable growth during the forecasted period 2017-2023. The major driving factors for the market are increasing number of surgical procedures, and improvement in reimbursement policies. However, easy availability of alternatives, and rising number of needle stick injuries may hamper the market growth in coming future.

Facts & InformationWith the rising limiest of chronic diseases, need of surgical procedures has also been escalatingAs per the 2015 statistics suggested by Eurostat, cataract sugary, and colonoscopy were the two most common surgical procedures performed in European region. It is observed that in the year 2015, cataract sugary way performed one thousand times per 100,000 inhabitants specifically in Germany, Sweden, the Czech Republic, Luxembourg, Finland, Malta, Estonia, Austria, Portugal and France. Other common procedures include bronchoscopies, and transluminal coronary angioplastiesAccording to the Australian Institute of Health and Welfare, during 2015-16, there were 10.6 million hospitalization, and 1 in 4 hospitalization involved a surgical procedureAmerican Society of Plastic Surgeons stated that in the year 2016, around 1,780,987 cosmetic surgical procedures were performedRoad accidents hare also found to be responsible for rising surgical procedures, and occurrence of wounds due to injuries. For instance, according to a study published in the Journal of Injury and Violence Research it 2017, it is fond that low and middle income countries bear the major burden of road traffic incidents worldwideA study published in the International Journal of Contemporary Pediatrics, in 2016, stated that during 2014 to 2016, 195 children were admitted for road traffic accident in India and around 6.7% went through surgical procedure for complex injury

Interpretation

Suturing is an indispensable process during injury, incision or surgery as it helps in wound healing. For different wounds or surgical procedures distinct stitching styles have been used such as vertical mattress, layered closure, horizontal mattress, running suture, and many others. Demand for surgical procedures is on rise across the globe as surgery has become standard treatment for various health conditions

Impact

Suture needles market is expected to showcase tremendous growth on account of the rising number of surgical procedures as in most common surgeries suturing is an important aid for wound closure

Growth Enhancement Factor

This is an important aid in various surgical procedures such as endoscope assisted sugary, cosmetic plastic sugary, bariatric surgery, and others. The increasing number of surgical procedures is expected to escalated the demand for suture needles

Conclusion

The primary goals of suturing are reducing the risks of bleeding, closing dead space, strengthening wounds until healing, and to attain aesthetically pleasing and functional results. For all the facts and information, it is observed that rise in number of surgical procedures will also boost the suture needles market

Fact & Information

Suturing is the most common method used for the ulcer wound managementAccording to a 2016 study published in Wound Repair and Regeneration, it is found that occurrence of venous leg ulcers (VLU) is three to four times higher in population older than 80 years. Incidence of pressure ulcers (PU) five to seven times higher in people older than was as compared to 65 to 70 years old populationIt is also reported that care for chronic wound costs around USD 10 billion annually, and would care in persons aged 65 and older accounts for the majority of these costsAccording the report of WHO published in 2015, the geriatric population is excepted to double and reach 2.1 billion by 2050

Interpretation

Older adults are more vulnerable towards chronic wounds than younger people, and also wound healing slows with age. So, the rising geriatric population offers great opportunities to marketers to come up with the advancement in suture needles

Fact & Information

There is continuous surge for the adoption of technologically advanced suturing productsIn past few years various alternatives of suture needles have come forward such as staples, tapes, tissue adhesives, and othersBioWeld1 system by lonMed is a cold plasma system designed for surgical incision closureEthicon has also introduced various suturing products such as Dermabond Advanced Topical Skin Adhesive, and others

Interpretation

In past fay years various technologically advanced suturing products have been introduced in the market. These newly introduced products have tendency shift the market trend in their favor in near future

Impact

The alternatives introduced by existing, and new market players can strongly impact the growth of the market as these alternative products are continuously gaining popularity due to their better cosmetic results

Conclusion

From all the fats, and information, it is concluded that due to the benefits offered by the available alternatives such as less pain, better cosmetic outcome, and less time consumption, over conventional suturing may hamper the suture needle market