The global needle holders market is anticipated to grow at a considerable CAGR of 11.8% during the forecast period (2023-2030). In recent years, the increasing incidences road and other accidents coupled with an increasingly aging population. The World Health Organization (2022) estimated that total number of road traffic accidents were 1,817 in 2019. The high demand for wound closure treatment, technical advancements leading to high usage of surgical needle holders, increase in the incidence of accidents and trauma injuries. As a result, the needle holders market has been witnessing significant growth, driven by rising investments in product development and direct expenditure for needle holders. In addition, the growing healthcare expenditure, increasing demand for plastic and reconstructive surgery have positively anticipated to propel the growth of the global surgical needle holder market.
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According to The American Academy of Facial Plastic and Reconstructive Surgery (AAFPRS), the total number of surgical facial plastic surgery treatments is up dramatically. An estimated 1.4 million surgical and have been done in the past year, with plastic surgeons performing an average of 600 more procedures than they did in 2020, a 40% increase. Moreover, factors such as the emergence of more front-line therapies, upcoming launches of promising pipeline products are fuel to drive market expansion over the forest period. In June 2023, FlexDex Surgical, a Michigan-based developer of innovative devices for minimally invasive surgery (MIS), received FDA approval for AXIUS™ 8mm needle driver. The articulating AXIUS needle driver is the next generation technology from FlexDex and is the first of a full suite of AXIUS advanced laparoscopy devices in the pipeline at FlexDex. AXIUS, a single-use device introduced in 2017, has been redesigned with a more efficient architecture based on the lessons learned and achievements of the first generation FlexDex articulating needle driver.
Market Coverage
- The market number available for – 2022-2030
- Base year- 2022
- Forecast period- 2023-2030
- Segment Covered-
o By Product
o By Application
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- including Colgate-Palmolive Co., Oral-B, SUNSTAR Suisse SA, Water Pik, Inc., The Procter & Gamble Co., and Johnson & Johnson Services, Inc., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Needle Holders Market Report Segment
By Type
- Mayo Hegar Needle Holder
- Mathieu Needle Holder
- Castroviejo Needle Holder
- Debakey Needle Holder
- Derf Needle Holder
- Halsey Needle Holder
- Heaney Needle Holder
- Tungsten Carbide Needle Holder
By Application
- Dental
- Cardiovascular
- Gynecology
- Ophthalmic
- Orthopedic
- Others (Laparoscopic, Urology)
By Application
- Hospitals
- Ambulatory Surgical Centers
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Global Needle Holders Market Report Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- August Reuchlen GmbH
- Braun of America Inc.
- Bailey Instruments Ltd.
- Duckworth & Kent Ltd.
- H&H Co.
- Integra LifeSciences Corp.
- Karl Schumacher Dental, LLC
- Medical Supplies & Equipment Co., LLC
- Milennium Surgical Corp.
- Mortech Manufacturing
- MPM Medical Supply
- Nordent Manufacturing Inc.
- RWD Life Science Co.,LTD
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- We cover more than 15 major industries, further segmented into more than 90 sectors.
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