Suture Needles Market Share Research Report: Size, Opportunities, Challenges, St

Posted by Apeksha on July 9th, 2021

Global Suture Needle Market Research Report: Information by Shapes (Straight Shaped Needles, J Shape Needles, Compound Curve Shaped Needles and Half Curved), Types (Eyed Needles and Eyeless), End Users (Ambulatory Surgical Centers, Hospital, Clinics and others) and Region (Americas, Europe, Asia-Pacific and Middle East & Africa) - Forecast till 2027

Market Highlights

Suturing is a technique used to repair tissue, and facilitate healing. Suture needles are made up of stainless steel that come in different sizes and must have blunt or sharp points. There are basically two needle end types i.e. eyed or eyeless. The global Suture Needles Market Share is expected to grow at a CAGR of 3.1% during the forecast period 2017-2023.

Key Players in the Suture Needles Market

Some of key the players in the market are Roboz Surgical Instrument, Hu-Friedy Mfg. Co., LLC, Hill-Rom, Medline Industries, Inc., Medtronic Plc, B. Braun Melsungen AG, Johnson & Johnson Services, Inc., and others.

Regional Analysis

The Americas dominate the suture needles market owing to the well-developed technology, high healthcare expenditure, improvement in reimbursement scenario, and the presence of the leading players. According to the American Medical Association, Medicare has made various significant amendments in Ambulatory Surgery Center payment system (ASC). It is observed that for incision and drainage postoperative wound infection Medicare was providing reimbursement of USD 790.85, which is now exceeded to USD 1,030.52 in ASC. Whereas hospital outpatient payment has been exceeded to USD 2,148.00 from USD 1,414.28 this year.

Browse Detailed TOC with COVID-19 Impact Analysis at: https://www.marketresearchfuture.com/reports/suture-needles-market-552

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Akash Anand

Market Research Future

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Apeksha
Joined: April 9th, 2018
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