Needle holders market is anticipated to grow at a CAGR of 11.8% during the forecast period (2023-2030). Pivotal factors such as the rising prevalence of surgical procedures globally, advancements in minimally invasive techniques requiring precise instrument control, the growing geriatric population leading to higher demand for surgical interventions, and the continuous development of innovative needle holder designs that boost surgical efficiency.
Number Surgical Procedures Performed In 2021
Source: OECD Statistics
Segmental Outlook
The global needle holders market is segmented on the type, application and end user. Based on the type, the market is sub-segmented into mayo hegar needle holder, mathieu needle holder, castroviejo needle holder, debakey needle holder, derf needle holder, halsey needle holder, heaney needle holder, and tungsten carbide needle holder. Based on the application, the market is sub-segmented into dental, cardiovascular, gynecology, ophthalmic, orthopedic and others. Further, the other applications includes laparoscopic, and urology. Further, based on end user, the market is sub-segmented into hospitals and ambulatory surgical centers. Among the end user, the ambulatory surgical centers sub-segment is anticipated to hold a considerable share of the market, owing to the significant shift toward outpatient procedures, proper specialization in specific procedures, the rising focus on minimally invasive procedures, and the adoption of technological advancements.
The cardiovascular Sub-Segment is Anticipated to Hold a Considerable Share of the Global Needle Holders Market
Among the application, the cardiovascular sub-segment is expected to hold a considerable share of the global needle holders market. The segment growth is attributed to the increasing prevalence of CVDs around the globe. According to the WHO, approximately 17.9 million people die due to CVDs annually, representing 32% of all global deaths. Of these deaths, 85% were due to heart attack and stroke. Hence, these factors would further lift the demand for advanced and precise surgical tools, which is projected to surge market growth. These are essential tools for performing delicate surgeries, helping surgeons achieve accurate suturing, and contributing to reducing the number of premature CVD mortality.
Regional Outlook
The global needle holders market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America. Among these, Asia pacific is anticipated to hold a prominent share of the market across the globe, owing to the rising treatment rates, the rising disposable income and improving healthcare infrastructure in emerging economies are driving the Needle Holders market in the Asia Pacific.
Global Needle Holders Market Growth by Region 2023-2030
The North America Region is Expected to Grow at a Significant CAGR in the Global Needle Holders Market
Among all regions, the North America regions is anticipated to grow at a considerable CAGR over the forecast period. The North America market is growing owing to factors including the rising number of surgeries including cosmetic surgical procedures due to unhealthy lifestyles, and the growing standard of living is expected to boost the market. According to the American Society of Plastic Surgeons (ASPS), in 2022, total cosmetic surgical procedures were 1,498,361 which increased from 1,255,228 in 2019. Further, rising prevalence of chronic diseases, such as cardiovascular and neurological disorders is growing at a rapid pace thus accelerating the surgical needle holder market in North America.
American Society for Metabolic and Bariatric Surgery, in 2021, type 2 diabetes, the most common form of diabetes. There are 32.6 million people in the US living with type 2 diabetes. Moreover, this disease lead to many serious health problems including heart disease, stroke, high blood pressure, kidney failure, blindness, skin wounds, nerve damage (neuropathy), erectile dysfunction, and cognitive decline among many others. Such diseases required to the surgery which anticipate to propel the demand for needle holders market.
Market Players Outlook
The major companies serving the global needle holders market include Becton, Dickinson, and Company, Hu-Friedy Mfg. Co., LLC, J & J Instruments, Inc., Olympus Corp., B. Braun of America Inc., Bailey Instruments Ltd, Duckworth & Kent Ltd, H&H Co., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in December 2021, Corza Medical GmbH acquired Katena products and its ophthalmic surgery offerings. Katena develops ophthalmic products used across cataract, glaucoma, and corneal surgeries, including precision surgical instruments, single-use devices, and specialty biologics. The acquisition expanded its surgical product portfolio while adding significant scale, product breadth and infrastructure to its ophthalmic surgery segment.
The Report Covers
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Becton, Dickinson, and Co.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Hu-Friedy Mfg. Co., LLC
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. J&J Instruments, Inc.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Olympus Corp.
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Key Strategy Analysis
4. Market Segmentation
4.1. Global Needle Holders Market by Type
4.1.1. Mayo Hegar Needle Holder
4.1.2. Mathieu Needle Holder
4.1.3. Castroviejo Needle Holder
4.1.4. Debakey Needle Holder
4.1.5. Derf Needle Holder
4.1.6. Halsey Needle Holder
4.1.7. Heaney Needle Holder
4.1.8. Tungsten Carbide Needle Holder
4.2. Global Needle Holders Market by Application
4.2.1. Dental
4.2.2. Cardiovascular
4.2.3. Gynecology
4.2.4. Ophthalmic
4.2.5. Orthopedic
4.2.6. Others (Laparoscopic, Urology)
4.3. Global Needle Holders Market by End-User
4.3.1. Hospitals
4.3.2. Ambulatory Surgical Centers
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. August Reuchlen GmbH
6.2. B. Braun of America Inc.
6.3. Bailey Instruments Ltd.
6.4. Duckworth & Kent Ltd.
6.5. H&H Co.
6.6. Integra LifeSciences Corp.
6.7. Karl Schumacher Dental, LLC
6.8. Medical Supplies & Equipment Co., LLC
6.9. Milennium Surgical Corp.
6.10. Mortech Manufacturing
6.11. MPM Medical Supply
6.12. Nordent Manufacturing Inc.
6.13. RWD Life Science Co.,LTD
6.14. Stille AB
6.15. Surtex Instruments Ltd.
6.16. Towne Brothers PVT LTD.
6.17. Wexler Surgical, Inc.
1. GLOBAL NEEDLE HOLDERS MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
2. GLOBAL MAYO HEGAR NEEDLE HOLDERS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
3. GLOBAL MATHIEU NEEDLE HOLDERS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
4. GLOBAL DEBAKEY NEEDLE HOLDERS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
5. GLOBAL DERF NEEDLE HOLDERS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
6. GLOBAL HALSEY NEEDLE HOLDERS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
7. GLOBAL HEANEY NEEDLE HOLDERS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
8. GLOBAL NEEDLE HOLDERS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
9. GLOBAL NEEDLE HOLDERS FOR DENTAL MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
10. GLOBAL NEEDLE HOLDERS FOR CARDIOVASCULAR MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
11. GLOBAL NEEDLE HOLDERS FOR GYNECOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
12. GLOBAL NEEDLE HOLDERS FOR OPHTHALMIC MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
13. GLOBAL NEEDLE HOLDERS FOR ORTHOPEDIC MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
14. GLOBAL NEEDLE HOLDERS FOR OTHER APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
15. GLOBAL NEEDLE HOLDERS MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
16. GLOBAL NEEDLE HOLDERS FOR HOSPITALS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
17. GLOBAL NEEDLE HOLDERS FOR AMBULATORY SURGICAL CENTERS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
18. GLOBAL NEEDLE HOLDERS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
19. NORTH AMERICAN NEEDLE HOLDERS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
20. NORTH AMERICAN NEEDLE HOLDERS MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
21. NORTH AMERICAN NEEDLE HOLDERS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
22. NORTH AMERICAN NEEDLE HOLDERS MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
23. EUROPEAN NEEDLE HOLDERS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
24. EUROPEAN NEEDLE HOLDERS MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
25. EUROPEAN NEEDLE HOLDERS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
26. EUROPEAN NEEDLE HOLDERS MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
27. ASIA-PACIFIC NEEDLE HOLDERS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
28. ASIA-PACIFIC NEEDLE HOLDERS MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
29. ASIA-PACIFIC NEEDLE HOLDERS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
30. ASIA-PACIFIC NEEDLE HOLDERS MARKET RESEARCH AND ANALYSIS BY END-USER,2022-2030 ($ MILLION)
31. REST OF THE WORLD NEEDLE HOLDERS MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
32. REST OF THE WORLD NEEDLE HOLDERS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
33. REST OF THE WORLD NEEDLE HOLDERS MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
1. GLOBAL NEEDLE HOLDERS MARKET SHARE BY TYPE, 2022 VS 2030 (%)
2. GLOBAL MAYO HEGAR NEEDLE HOLDERS MARKET SHARE BY REGION, 2022 VS 2030 (%)
3. GLOBAL MATHIEU NEEDLE HOLDERS MARKET SHARE BY REGION, 2022 VS 2030 (%)
4. GLOBAL DEBAKEY NEEDLE HOLDERS MARKET SHARE BY REGION, 2022 VS 2030 (%)
5. GLOBAL DERF NEEDLE HOLDERS MARKET SHARE BY REGION, 2022 VS 2030 (%)
6. GLOBAL HALSEY NEEDLE HOLDERS MARKET SHARE BY REGION, 2022 VS 2030 (%)
7. GLOBAL HEANEY NEEDLE HOLDERS MARKET SHARE BY REGION, 2022 VS 2030 (%)
8. GLOBAL NEEDLE HOLDERS MARKET SHARE BY TYPE, 2022 VS 2030 (%)
9. GLOBAL NEEDLE HOLDERS FOR DENTAL MARKET SHARE BY REGION, 2022 VS 2030 (%)
10. GLOBAL NEEDLE HOLDERS FOR CARDIOVASCULAR MARKET SHARE BY REGION, 2022 VS 2030 (%)
11. GLOBAL NEEDLE HOLDERS FOR GYNECOLOGY MARKET SHARE BY REGION, 2022 VS 2030 (%)
12. GLOBAL NEEDLE HOLDERS FOR OPHTHALMIC MARKET SHARE BY REGION, 2022 VS 2030 (%)
13. GLOBAL NEEDLE HOLDERS FOR ORTHOPEDIC MARKET SHARE BY REGION, 2022 VS 2030 (%)
14. GLOBAL NEEDLE HOLDERS FOR OTHER APPLICATIONS MARKET SHARE BY REGION, 2022 VS 2030 (%)
15. GLOBAL NEEDLE HOLDERS MARKET SHARE BY END-USER, 2022 VS 2030 (%)
16. GLOBAL NEEDLE HOLDERS FOR HOSPITALS MARKET SHARE BY REGION, 2022 VS 2030 (%)
17. GLOBAL NEEDLE HOLDERS FOR AMBULATORY SURGICAL CENTERS MARKET SHARE BY REGION, 2022 VS 2030 (%)
18. GLOBAL NEEDLE HOLDERS MARKET SHARE BY REGION, 2022 VS 2030 (%)
19. US NEEDLE HOLDERS MARKET SIZE, 2022-2030 ($ MILLION)
20. CANADA NEEDLE HOLDERS MARKET SIZE, 2022-2030 ($ MILLION)
21. UK NEEDLE HOLDERS MARKET SIZE, 2022-2030 ($ MILLION)
22. FRANCE NEEDLE HOLDERS MARKET SIZE, 2022-2030 ($ MILLION)
23. GERMANY NEEDLE HOLDERS MARKET SIZE, 2022-2030 ($ MILLION)
24. ITALY NEEDLE HOLDERS MARKET SIZE, 2022-2030 ($ MILLION)
25. SPAIN NEEDLE HOLDERS MARKET SIZE, 2022-2030 ($ MILLION)
26. REST OF EUROPE NEEDLE HOLDERS MARKET SIZE, 2022-2030 ($ MILLION)
27. INDIA NEEDLE HOLDERS MARKET SIZE, 2022-2030 ($ MILLION)
28. CHINA NEEDLE HOLDERS MARKET SIZE, 2022-2030 ($ MILLION)
29. JAPAN NEEDLE HOLDERS MARKET SIZE, 2022-2030 ($ MILLION)
30. SOUTH KOREA NEEDLE HOLDERS MARKET SIZE, 2022-2030 ($ MILLION)
31. REST OF ASIA-PACIFIC NEEDLE HOLDERS MARKET SIZE, 2022-2030 ($ MILLION)
32. REST OF THE WORLD NEEDLE HOLDERS MARKET SIZE, 2022-2030 ($ MILLION)