Needles Market is gaining robust traction with Dolphin Sutures introducing its first Knotless wound closure device Durabarb
Surgical needles are used in the field of dentistry to surgically puncture and remove tissue and instruments during surgical procedures. A hollow needle, which is either a metal or plastic tube insulated with a gas such as xenon, is threaded through the hollow needle. The needle's shape can also vary according to the surgical purpose and application. Chronic diseases such as cancer, cardiovascular disease (CVD), and diabetes require surgical procedures many times. Since surgical procedures have become so complex, the demand for surgical needles has increased massively over the years. As per the World Health Organization (WHO), in 2018, around 9.6 million deaths were attributed to cancer, of which 2.09 million cases were lung cancer. According to the WHO, around 17.9 million people die of cardiovascular diseases every year. Thus, such factors can augment growth of the needles market.
Among regions, Europe seems to be gaining rapid traction in the Needles Market, since the healthcare infrastructure in the said region is improving rapidly. Besides, increasing population can further enhance growth of the regional market. On the contrary, Asia Pacific seems to be registering lucrative signs with rising expenditure on healthcare and growing awareness among the population. Recently, in November 2020, Dolphin Sutures, a subsidiary of Futura Surgicare, launched its first Knotless wound closure device Durabarb.
Another common type of surgical needle is the curved fascia needle. This type of needle is similar to the tapered needle as it also requires insertion into the oral cavity but its tip is curved to create a smooth entry and exit. The tissue from which the needle is taken is placed between two rigid segments made from bone. The two bone segments form a curve inside the hollow tube, which is covered with a thin layer of skin. Once the tube is inside the patient's oral cavity, the soft tissue is drawn along the tube's curves until it reaches the required point for the insertion of the tissue screw. Despite these advantageous factors, certain aspects of the market remain dormant and impede growth of the market. For instance, rising needlestick injuries and infections can be a major challenge in growth of the market. Besides, growing preference for needle-free injection technology can potentially limit growth of the needle market.
Rising geriatric population is another key factor governing the development of the market. Elderly people are more vulnerable to various chronic diseases including CVD and diabetes and thus, they would eventually require invasive surgical procedures. The geriatric population is on a rise in both developed and emerging economies, which could potentially accelerate growth of the needles market in the near future.
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