Market Research Trends

As per the latest report published by Future Market Insight, a leading Market Research firm, the  Suture Needles Market  is valued at US$ 534.7 Mn and is anticipated to reach the valuation of US$ 966.9 Mn by the end of 2032 by growing at a CAGR of 5.5%. Furthermore, the market is expected to offer an absolute dollar opportunity of over US$ 400 Mn in the upcoming 10 years. The growing number of cardiovascular illnesses and chronic diseases is expected to drive the market, increasing demand for surgeries and Suture Needles. According to the WHO, cardiovascular diseases were responsible for more than 33% of all fatalities in 2019. Furthermore, technological advances are expected to benefit the global industry. Straight Shaped Needles are expected to drive market growth. It will remain a dominant segment during the forecast period, growing at a CAGR of 5.4% between 2022 and 2032. Straight-body needles are used to sew tissues that are easily accessible by hand. Key Takeaways ...

As per the latest report published by Future Market Insight, a leading Market Research firm, the  Suture Needles Market  is valued at US$ 534.7 Mn and is anticipated to reach the valuation of US$ 966.9 Mn by the end of 2032 by growing at a CAGR of 5.5%. Furthermore, the market is expected to offer an absolute dollar opportunity of over US$ 400 Mn in the upcoming 10 years. The growing number of cardiovascular illnesses and chronic diseases are likely to drive the market leading to an increase in demand for surgeries and Suture Needles. According to the WHO, cardiovascular disorders caused more than 33% of fatalities in 2019. In addition, technological advancements are projected to benefit the global industry. The market expansion is likely to be driven by Straight Shaped Needles. During the forecast period, it will remain a dominant segment by growing at a CAGR of 5.4% during 2022 - 2032. The straight-body needle is used in stitching tissues that are easily accessible by ha...