Market Overview:
The global ligature needle market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for minimally invasive surgeries and rising prevalence of chronic diseases. By type, the right hand ligation needle segment is expected to account for the largest share of the global ligature needle market in 2018, followed by left hand ligation needles and others segments. By application, cardiovascular segment is expected to account for the largest share of the global ligature needle market in 2018, followed by obstetrics and gynecology, anorectal surgery, urology surgery and others segments.
Product Definition:
A ligature needle is a type of sewing needle that has a small loop at the end. This loop can be used to tie off thread or secure stitches. Ligature needles are often used in embroidery and lace-making, where they are used to create delicate loops and patterns.
Right Hand Ligation Needle:
The global right hand ligation needle, it's usage and growth factor in ligature needle market is expected to grow at a significant rate over the forecast period. The factors that propel the growth of this market include rising geriatric population base, increasing prevalence of chronic disorders such as diabetes and cardiovascular diseases along with other lifestyle associated conditions. Moreover, an increase in demand for minimally invasive surgeries is also one of the vital factors driving this market towards growth.
Left Hand Ligation Needle:
The ligature needle is used to join two or more threads and it's most commonly used in sutures. The ligature needle has a hollow, straight point that can be attached to another hollow tube or a cannula. It is also known as the left hand ligation needle because it is mainly used for performing left ligature (stitch) tying procedure.
Application Insights:
Cardiovascular was the leading application segment in 2017 and is expected to maintain dominance over the forecast period. The growing prevalence of cardiovascular diseases coupled with rising geriatric population across the world is anticipated to drive demand for ligature needles in near future.
Obstetrics and gynecology held a significant share of market revenue in 2017 owing to increasing number of childbirths resulting from rise in sexual activity among women aged 15-40 years, especially across developing countries such as China, India, Brazil etc. In addition, an increase in number of female sterilization procedures performed due to lack of knowledge about contraceptives is further estimated to propel growth during next seven years. Moreover, an increase in infertility cases among men and women globally has increased awareness regarding fertility issues which will positively impact market growth during next few years.
Regional Analysis:
North America dominated the global ligature needle market in 2017. The region is expected to maintain its dominance over the forecast period as well. This can be attributed to increasing government funding for cardiovascular and urology research, rising prevalence of chronic diseases such as diabetes and cancer, and high adoption rate of technologically advanced products in this region.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to factors such as improving healthcare infrastructure, growing awareness about available treatment options among patients & physicians, supportive government initiatives for quality healthcare services delivery system development along with rapid economic development in emerging countries like India & China are some other major factors driving regional growth.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 7.8% from 2016 to 2021. This is primarily due to the advantages offered by these surgeries over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. The Ligature Needle market is expected to benefit from this trend as more hospitals adopt these procedures.
- Growing demand for advanced surgical products: Surgeons are increasingly looking for products that offer better performance and safety profiles. This has led to growing demand for advanced surgical products such as Ligature Needles that offer features like low profile design, smaller size, etc. This trend is likely to continue in the coming years, driving growth of the Ligature Needle market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ligature Needle Market Research Report
By Type
Right Hand Ligation Needle, Left Hand Ligation Needle, Others
By Application
Cardiovascular, Obstetrics and Gynecology, Anorectal, Urology, Others
By Companies
Teleflex, Sklar, Medline, Surtex Instrument, Novo Surgical, UAMF Industries, Cooper Surgical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
133
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Ligature Needle Market Report Segments:
The global Ligature Needle market is segmented on the basis of:
Types
Right Hand Ligation Needle, Left Hand Ligation Needle, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cardiovascular, Obstetrics and Gynecology, Anorectal, Urology, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Teleflex
- Sklar
- Medline
- Surtex Instrument
- Novo Surgical
- UAMF Industries
- Cooper Surgical
Highlights of The Ligature Needle Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Right Hand Ligation Needle
- Left Hand Ligation Needle
- Others
- By Application:
- Cardiovascular
- Obstetrics and Gynecology
- Anorectal
- Urology
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ligature Needle Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A ligature needle is a type of medical device used to thread a tube or other medical instrument through the skin and into the body.
Some of the major companies in the ligature needle market are Teleflex, Sklar, Medline, Surtex Instrument, Novo Surgical, UAMF Industries, Cooper Surgical.
The ligature needle market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ligature Needle Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Ligature Needle Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ligature Needle Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Ligature Needle Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Ligature Needle Market Size & Forecast, 2018-2028
4.5.1 Ligature Needle Market Size and Y-o-Y Growth
4.5.2 Ligature Needle Market Absolute $ Opportunity
Chapter 5 Global Ligature Needle Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Ligature Needle Market Size Forecast by Type
5.2.1 Right Hand Ligation Needle
5.2.2 Left Hand Ligation Needle
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Ligature Needle Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Ligature Needle Market Size Forecast by Applications
6.2.1 Cardiovascular
6.2.2 Obstetrics and Gynecology
6.2.3 Anorectal
6.2.4 Urology
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ligature Needle Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ligature Needle Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Ligature Needle Analysis and Forecast
9.1 Introduction
9.2 North America Ligature Needle Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Ligature Needle Market Size Forecast by Type
9.6.1 Right Hand Ligation Needle
9.6.2 Left Hand Ligation Needle
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Ligature Needle Market Size Forecast by Applications
9.10.1 Cardiovascular
9.10.2 Obstetrics and Gynecology
9.10.3 Anorectal
9.10.4 Urology
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Ligature Needle Analysis and Forecast
10.1 Introduction
10.2 Europe Ligature Needle Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Ligature Needle Market Size Forecast by Type
10.6.1 Right Hand Ligation Needle
10.6.2 Left Hand Ligation Needle
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Ligature Needle Market Size Forecast by Applications
10.10.1 Cardiovascular
10.10.2 Obstetrics and Gynecology
10.10.3 Anorectal
10.10.4 Urology
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Ligature Needle Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ligature Needle Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Ligature Needle Market Size Forecast by Type
11.6.1 Right Hand Ligation Needle
11.6.2 Left Hand Ligation Needle
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Ligature Needle Market Size Forecast by Applications
11.10.1 Cardiovascular
11.10.2 Obstetrics and Gynecology
11.10.3 Anorectal
11.10.4 Urology
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Ligature Needle Analysis and Forecast
12.1 Introduction
12.2 Latin America Ligature Needle Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Ligature Needle Market Size Forecast by Type
12.6.1 Right Hand Ligation Needle
12.6.2 Left Hand Ligation Needle
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Ligature Needle Market Size Forecast by Applications
12.10.1 Cardiovascular
12.10.2 Obstetrics and Gynecology
12.10.3 Anorectal
12.10.4 Urology
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Ligature Needle Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ligature Needle Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Ligature Needle Market Size Forecast by Type
13.6.1 Right Hand Ligation Needle
13.6.2 Left Hand Ligation Needle
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Ligature Needle Market Size Forecast by Applications
13.10.1 Cardiovascular
13.10.2 Obstetrics and Gynecology
13.10.3 Anorectal
13.10.4 Urology
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ligature Needle Market: Competitive Dashboard
14.2 Global Ligature Needle Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Teleflex
14.3.2 Sklar
14.3.3 Medline
14.3.4 Surtex Instrument
14.3.5 Novo Surgical
14.3.6 UAMF Industries
14.3.7 Cooper Surgical
