GLOBAL CARBIDE TIPPED NEEDLE HOLDER MARKET ANALYSIS
Overview
While performing surgery, to control a surgical needle, a carbon-tipped needle holder is utilized. These instruments are designed to support a miniature needle. It is mainly used for suturing during surgery. These instruments have similar functions to hemostat clamps or arterial forceps. These tools are utilized to control bleeding in surgeries.
Often, these tools were similar to ordinary scissors, considering the similarity of hinges, jaws, and rings. These carbide needle holders have strong, anti-corrosive, and abrasion-resistant jaws. Newly created needle holder prototypes have delivery jaws that are covered in a metal coating of tungsten carbide. These modified jaws give a firm grip on the surgical needle. This reduces the damage that happens to the needle.
The developing healthcare sector also requires more usage of carbide needle tipped holders in every type of surgery, like disposable emergency wound care equipment. The demand for carbide-tipped needle holders in the current market is high. Different types of carbide-tipped needle holders like curved jaws, fine linear jaws, micro-straight jaws, narrow straight jaws, screw lock with spring handle, serrated jaws, and wide straight jaws.
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Market Dynamics
Surgeries performed on accident and trauma victims have been growing. This phenomenon is supposed to drive the growth of the global carbide-tipped needle holder market. Based on the report published by the World Bank in 2014, almost 1.3 million casualties occur due to road accidents each year, and approximately 78.2 million injuries happen. After that, the number of these cases will grow to 65% in the upcoming 20 years. Low and middle-income countries are particularly affected by these projections.
The carbide-tipped needle holders were not suitable for complex surgeries. Nevertheless, in trauma surgeries, which are highly dependent on suturing for blood control, which occurs due to a considerable number of cuts made on the body, these carbide-tipped needle holders are also utilized in standard suturing procedures. Based on the research done by the Surgical Neurology International Journal in 2015, the needle holders permit a surgeon to neatly handle the placing tips in the vessel lumen for counter-pressure.
Nevertheless, the new needle holder’s preface to the new surgical fields is supposed to restrain the development of the global carbide-tipped needle holder market. Based on the case study posted by the European Surgical Journal in 2014, the outcome of a renewed needle holder encourages palm grip suturing.
Regional Insights
According to the regional markets, the global carbide-tipped needle holder market is divided into Africa, Asia Pacific, Europe, Middle East, Latin America, and North America. The North American market is at the top of the regional market in the global carbide-tipped needle holder market. This occurred as a result of the regional market’s sudden adoption of technologically developed creations and high government healthcare spending for stable medical tools and other non-durable medical derivatives. According to a 2016 report published by the Centers for Medicare & Medicaid Services, retail spending on non-durable medical derivatives such as medical devices and surgical tools increased by US $62.2 billion.
After that, the Asia Pacific market has been exhibiting substantial evolution due to increasing trauma and damage cases in the area. Based on the report published by the Indian Ministry of Road Transport & Highways transport research wing, in 2016, almost 4,80,652 road casualties happened, with 4,94,624 injured, and 1,50,785 lives.
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Competitive Landscape
The main companies functioning in the global carbide-tipped needle holder market include August Reuchlen GmbH, B. Braun Melsungen AG, Baxter, Hu-Friedy Mfg. Co., J & J Instruments, Inc., LAWTON GmbH & Co. KG, MEDICON eG, Towne Brothers (PVT) LTD, and STILLE. These companies have participated in new commerce methods like alliances, coalitions, collaborations, and new product manufacturing to maintain their role in the global carbide-tipped needle holder market.
Taxonomy:
Based on product type:
Curved Jaws
Fine Straight Jaws
Micro Straight Jaws
Narrow Straight Jaws
Screw Lock with Spring Handle
Serrated Jaws
Wide Straight Jaws
Based on application:
Dental Operation
Surgical Operation
Veterinary Surgery
Others
Based on geography:
Africa
Asia Pacific
Europe
Latin America
Middle East
North America
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