CARBIDE TIPPED NEEDLE HOLDER MARKET ANALYSIS

Market Challenges And Opportunities

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.

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.