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Key Emerging Trends in the Suture wire Market
Suturing serves as a crucial technique employed in the closure of cutaneous wounds, addressing various key aspects such as the elimination of dead spaces, mitigation of bleeding risks, reinforcement of wounds throughout the healing process, and ensuring aesthetically pleasing skin closure. Facilitating this technique are suture needles, which play an essential role in precisely placing sutures within tissues. These needles must strike a delicate balance, possessing adequate rigidity to prevent bending while retaining flexibility to bend before breaking.
In terms of shape, the global suture needles market is segmented into various categories, including straight, J-shaped, compound curve, half-curved, and others. The "others" category encompasses a diverse range of shapes such as hook-shaped, 5/8 circle, 3/8 circle, 2/8 circle, curved on one side, and S-shaped needles.
The straight needle segment is anticipated to witness substantial growth, with market projections indicating it will reach a valuation of USD 988.1 million by the conclusion of 2023. This growth is expected to occur at a Compound Annual Growth Rate (CAGR) of 3.4% during the period spanning 2017 to 2023.
Suture needles are typically crafted from stainless steel, available in different sizes, and can feature either blunt or sharp points. These needles are broadly categorized into two types: eyed and eyeless. Eyed needles have a hole on the suture side, while eyeless or swaged needles secure the suture within the needle. Eyeless needles offer distinct advantages over their eyed counterparts, particularly in terms of single-use functionality, preventing the loss of sharpness.
The global suture needles market is further segmented based on type, distinguishing between eyed and eyeless needles. The eyeless needle market is poised for significant growth, with projections indicating it will reach a valuation of USD 2,165.9 million by the conclusion of 2023. The expected CAGR during the period from 2017 to 2023 for the eyeless needle market is 3.4%.
Suture wire Market Highlights:
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