PUBLISHER: Polaris Market Research | PRODUCT CODE: 1586432
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1586432
The global needle holder market size is expected to reach USD 762.97 million by 2034, according to a new study by Polaris Market Research. The report "Needle Holder Market Size, Share, Trends, Industry Analysis Report: By Type, Application (Cardiovascular, Dental, Gynecology, and Others), Material, Usage Type, End Use, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa); Segment Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The needle holder market is gaining traction as an essential component in surgical procedures, specifically for suturing tissues during surgeries. Needle holders are designed to hold needles securely. It provides precision and control, allowing surgeons to perform delicate tasks with minimal tissue damage. Needle holder market growth is largely driven by the increasing volume of surgeries globally, including cardiovascular, orthopedic, and plastic surgeries.
Advancements in minimally invasive surgical techniques, which often require specialized needle holders, are also fueling the needle holder market growth. The rising prevalence of diabetes, cardiovascular conditions, and other chronic diseases that necessitate surgical interventions is driving the market growth.
The needle holder market is experiencing significant expansion due to the growing geriatric population, particularly in developed regions, where older adults are more likely to undergo surgical procedures. Additionally, the trend toward technological innovations, including ergonomic designs and the use of durable materials like stainless steel and titanium, is enhancing the performance of needle holders and improving surgical outcomes. The increasing adoption of disposable needle holders, aimed at reducing the risk of cross-contamination and infection, further drives market growth. Moreover, developing regions are witnessing rising investments in healthcare infrastructure, contributing to the overall expansion of the needle holder market.
By application, the cardiovascular segment accounted for the largest revenue share of the needle holder market in 2024 due to the surge in cardiovascular disorder prevalence leading to a higher volume of surgical procedures, including coronary artery bypass grafting (CABG) and valve replacements.
In terms of end use, the hospital segment is expected to register the highest CAGR during the forecast period due to increasing investments by hospitals in modern surgical equipment and infrastructure.
In 2024, North America accounted for the largest share of the needle holder market due to the high prevalence of chronic diseases necessitating surgical interventions.
The Asia Pacific market is expected to record the highest CAGR during the forecast period due to the shift toward minimally invasive surgeries.
Global key market players are August Reuchlen GmbH; B.Braun; Becton, Dickinson and Company; Hu-Friedy; Integra LifeSciences Corporation; J&J Instruments; Medline Industries, Inc.; Nordent Manufacturing; Olympus; Sklar Surgical Instruments; Towne Brothers (PVT) LTD.
Polaris Market Research has segmented the needle holder market report on the basis of type, application, material, usage type, end use, and region:
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