Carbide Tipped Needle Holder Market is Expected to Gain Popularity Across the Globe by 2026
Carbide tipped needle holders are medical tools used in surgical procedures to hold surgical needles. These are designed to hold small size carbide needles for performing sutures in surgical procedures. Carbide tipped needle holders are similar to that of arterial forceps or hemostat clamps, which are used in surgical procedure to control bleeding.
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These carbide tipped needle holders, with jaw, rings, and hinges, are perceptibly similar to normal scissors. Some of the characteristics of carbide needle holders are corrosion resistance, strength, and abrasion-resistant jaws. Recent developments in the needle holders design involve providing jaw inserts with a bonded metal coating containing tungsten carbide particles. These jaws provide a secure grip on the surgical needle while apparently diminishing the risk of damaging to the needle.
The advances in the health care sector is also increasing the use of carbide needle tipped holders item in all of surgery, including disposable emergency wound care kits. Various types of carbide tipped needle holders are present in the market such as narrow straight jaws, fine straight jaws, wide straight jaws, micro straight jaws, screw lock with spring handle, curved jaws, and serrated jaws.
Carbide Tipped Needle Holder Market Dynamics
Increasing number of accident injuries and trauma cases with increasing number of surgical procedures performed across the globe is expected to propel the carbide tipped needle holder market growth. For instance, according to the World Bank 2014 report, around 1.3 million people die due to road accidents each year and as many as 78.2 million are injured. Moreover, these figures will rise by around 65% over the following 20 years. The effect of the projected figures are greater in middle- and low-income countries.
Moreover, carbide tipped needle holders are not only used in complex surgical procedures, however, also in the trauma surgical operations, which involves sutures for controlling the blood loss due to large incisions made on a patient’s skin. These carbide tipped needle holders are even used in normal suture performing operations. According to study published in the Surgical Neurology International Journal 2015, the importance of needle holder, which allows a surgeon an excellent handling in placing tips into the vessel lumen for counter-pressure.
However, introduction of new needle holders are expected to hinder growth of the carbide tipped needle holders market sixe. For instance, according to a report published in the European Surgical Journal 2014, the development of a new needle holder facilitating palm grip suturing.
Carbide Tipped Needle Holder Market – Regional Insights
Based on regions, the global carbide tipped needle holders market is segmented into North America, Europe, Latin America, Asia Pacific, Middle East, and Africa. North America holds a dominant position in the carbide tipped needle holder market, due to quick adoption of technologically advanced products and increased healthcare spending from government organizations for durable medical equipment and other non-durable medical products in the region. For instance, according to the U.S. Centers for Medicare & Medicaid Services, retail spending for the other non-durable medical products, such as medical instruments and surgical equipment grew by US$ 62.2 billion in 2016.
Moreover, Asia Pacific market is expected to show significant growth, due to rising trauma and injury cases in the region. For instance, according to the Indian Ministry of Road Transport & Highways transport research wing, revealed around 4,80,652 road accidents occurred in 2016, calming 1,50,785 lives and 4,94,624 injured people.
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Carbide Tipped Needle Holder Market – Competitive Landscape
Key players operating in the carbide tipped needle holders market include B. Braun Melsungen AG, LAWTON GmbH & Co. KG, August Reuchlen GmbH, J & J Instruments, Inc., Hu-Friedy Mfg. Co., Towne Brothers (PVT) LTD, STILLE, MEDICON eG, and Baxter. Key players are engaged in marketing strategies such as collaborations, mergers, partnerships, and introduction of new products in order to strengthen their position in the global market.