Market Overview:
The global surgical thimbles 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 surgical thimbles from hospitals, biopharmaceutical industries, and surgical centers. The nitrile material segment is expected to dominate the global surgical thimbles market during the forecast period owing to its properties such as durability and resistance against chemicals. In terms of region, North America is expected to lead the global surgical thimbles market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
A surgical thimble is a small, metal or plastic cup that is worn on the thumb to protect it from needle sticks and other sharp objects. It is also used to improve grip on objects.
Nitrile Material:
Nitrile material is a synthetic rubber, which was first produced as an alternative to natural rubber. Nitrile has superior properties such as high tensile strength and abrasion resistance over natural rubber. It also does not melt at a lower temperature than that of natural rubber. These advantageous properties have made nitrile material very popular in the medical industry for manufacturing surgical thimbles, especially for intravascular use (IVUS).
Latex Material:
Latex is a highly elastic, durable, and versatile material that is obtained from the leaves of the rubber tree. It can be processed into natural or synthetic variants as per requirement. The most commonly used type of latex in surgical thimbles is Type I which has a modulus between 200 and 2,000 Mpa.
The global market for surgical thimbles was estimated to be worth USD 648 million in 2016.
Application Insights:
Based on application, the global surgical thimbles market is segmented into hospital, biopharmaceutical industries and surgical centers. The hospital segment dominated the overall market in terms of revenue in 2017. This can be attributed to a high usage rate of thimbles during various surgeries such as cardiovascular procedures, neurosurgeries and orthopedic interventions.
The demand for thimble from hospitals is expected to increase due to its non-latex material which provides better grip for surgeons during operations without slipping or falling off hands. Furthermore, increasing number of hospitals along with rising healthcare spending by countries such as China and India are anticipated to boost industry growth over the forecast period (2017 To 2030).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing R&D investments by various companies and an increase in healthcare expenditure as a percentage of GDP, which is one of the highest globally.
Asia Pacific is anticipated to witness lucrative growth over the coming years owing to rising medical tourism and awareness regarding advanced surgical procedures among people from developing economies such as India & China & Singapore & Malaysia etc.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global surgical thimbles market is expected to benefit from the increasing demand for minimally invasive surgeries. Minimally invasive surgeries are less traumatic and result in shorter hospital stays, which is driving their adoption across the world.
- Growing geriatric population: The global surgical thimbles market is also expected to benefit from the growing geriatric population, as this population is more susceptible to injuries and requires better protection during surgery.
- Technological advancements: Surgical thimble manufacturers are focusing on developing innovative products that offer better protection and fitment options for surgeons and patients alike. This is likely to spur growth in the surgical thimble market in the coming years.
- Rising healthcare expenditure: Healthcare expenditure around the world continues to rise, providing a major impetus to growth of various medical devices markets including that of surgical thimbles market . This trend is likely to continue in future, propelling growth of this market over the forecast period 2017-2025). 5) Increasing awareness about safety measures during surgery: There has been a rising awareness among patients regarding safety measures during surgery in recent years; this has led surgeons towards using better quality protective equipment such as surgical gloves and surgical masks etc., thereby benefitting sales of related products such as surgical thimbles
Scope Of The Report
Report Attributes
Report Details
Report Title
Surgical Thimbles Market Research Report
By Type
Nitrile Material, Latex Material
By Application
Hospital, Biopharmaceutical Industries, Surgical Centers
By Companies
Fisher Scientific, Honeywell, Valutek, B. Braun, Lexco cable manufacturers, Quingdao H-Quality industries, Nantong New Jianghai International Trade, Fisher Scientific
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
229
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Surgical Thimbles Market Report Segments:
The global Surgical Thimbles market is segmented on the basis of:
Types
Nitrile Material, Latex Material
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
Hospital, Biopharmaceutical Industries, Surgical Centers
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:
- Fisher Scientific
- Honeywell
- Valutek
- B. Braun
- Lexco cable manufacturers
- Quingdao H-Quality industries
- Nantong New Jianghai International Trade
- Fisher Scientific
Highlights of The Surgical Thimbles 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:
- Nitrile Material
- Latex Material
- By Application:
- Hospital
- Biopharmaceutical Industries
- Surgical Centers
- 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 Surgical Thimbles 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?
Surgical thimbles are medical devices that are inserted into a vein in the arm to allow medications or other treatments to be administered directly to the veins.
Some of the key players operating in the surgical thimbles market are Fisher Scientific, Honeywell, Valutek, B. Braun, Lexco cable manufacturers, Quingdao H-Quality industries, Nantong New Jianghai International Trade, Fisher Scientific.
The surgical thimbles 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 Surgical Thimbles 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 Surgical Thimbles Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Surgical Thimbles 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 Surgical Thimbles 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 Surgical Thimbles Market Size & Forecast, 2018-2028
4.5.1 Surgical Thimbles Market Size and Y-o-Y Growth
4.5.2 Surgical Thimbles Market Absolute $ Opportunity
Chapter 5 Global Surgical Thimbles 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 Surgical Thimbles Market Size Forecast by Type
5.2.1 Nitrile Material
5.2.2 Latex Material
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Surgical Thimbles 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 Surgical Thimbles Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Biopharmaceutical Industries
6.2.3 Surgical Centers
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Surgical Thimbles 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 Surgical Thimbles 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 Surgical Thimbles Analysis and Forecast
9.1 Introduction
9.2 North America Surgical Thimbles 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 Surgical Thimbles Market Size Forecast by Type
9.6.1 Nitrile Material
9.6.2 Latex Material
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 Surgical Thimbles Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Biopharmaceutical Industries
9.10.3 Surgical Centers
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 Surgical Thimbles Analysis and Forecast
10.1 Introduction
10.2 Europe Surgical Thimbles 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 Surgical Thimbles Market Size Forecast by Type
10.6.1 Nitrile Material
10.6.2 Latex Material
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 Surgical Thimbles Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Biopharmaceutical Industries
10.10.3 Surgical Centers
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 Surgical Thimbles Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Surgical Thimbles 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 Surgical Thimbles Market Size Forecast by Type
11.6.1 Nitrile Material
11.6.2 Latex Material
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 Surgical Thimbles Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Biopharmaceutical Industries
11.10.3 Surgical Centers
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 Surgical Thimbles Analysis and Forecast
12.1 Introduction
12.2 Latin America Surgical Thimbles 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 Surgical Thimbles Market Size Forecast by Type
12.6.1 Nitrile Material
12.6.2 Latex Material
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 Surgical Thimbles Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Biopharmaceutical Industries
12.10.3 Surgical Centers
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) Surgical Thimbles Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Surgical Thimbles 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) Surgical Thimbles Market Size Forecast by Type
13.6.1 Nitrile Material
13.6.2 Latex Material
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) Surgical Thimbles Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Biopharmaceutical Industries
13.10.3 Surgical Centers
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 Surgical Thimbles Market: Competitive Dashboard
14.2 Global Surgical Thimbles Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Fisher Scientific
14.3.2 Honeywell
14.3.3 Valutek
14.3.4 B. Braun
14.3.5 Lexco cable manufacturers
14.3.6 Quingdao H-Quality industries
14.3.7 Nantong New Jianghai International Trade
14.3.8 Fisher Scientific
