North America Steerable Needles Market Size & Outlook
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North America steerable needles market highlights
- The North America steerable needles market generated a revenue of USD 386.1 million in 2023.
- The market is expected to grow at a CAGR of 5.7% from 2024 to 2030.
- In terms of segment, bevel-tip flexible needle was the largest revenue generating type in 2023.
- Symmetric-Tip Needle is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 386.1 million |
| Market revenue in 2030 | USD 569.5 million |
| Growth rate | 5.7% (CAGR from 2023 to 2030) |
| Largest segment | Bevel-tip flexible needle |
| Fastest growing segment | Symmetric-Tip Needle |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bevel-Tip Flexible Needle, Symmetric-Tip Needle, Tendonactuated Tips |
| Key market players worldwide | Halma PLC, Merit Medical Systems Inc, Johnson & Johnson, Boston Scientific Corp, Olympus Corp, Medtronic PLC, APT Medical, DEAM, Serpex Medical |
Other key industry trends
- In terms of revenue, North America region accounted for 31.2% of the global steerable needles market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 561.9 million by 2030.
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Steerable Needles Market Scope
Steerable Needles Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Serpex Medical | View profile | 11-50 | Santa Clara, California, United States, North America | http://www.serpexmedical.com |
| DEAM | View profile | 1-10 | Roden, Drenthe, The Netherlands, Europe | https://www.deam.com |
| APT Medical | View profile | 251-500 | Qinghua, Jiangxi, China, Asia | http://www.aptmed.com/Eindex.html |
| Merit Medical Systems Inc | View profile | 6950 | 1600 West Merit Parkway, South Jordan, UT, United States, 84095 | https://www.merit.com |
| Halma PLC | View profile | 8000 | Rectory Way, Misbourne Court, Amersham, Buckinghamshire, United Kingdom, HP7 0DE | https://www.halma.com |
| Olympus Corp | View profile | 33629 | Shinjuku Monolith, 2-3-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo, Japan, 163-0914 | http://www.olympus.co.jp |
| Boston Scientific Corp | View profile | 48000 | 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234 | https://www.bostonscientific.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
North America steerable needles market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to steerable needles market will help companies and investors design strategic landscapes.
Bevel-tip flexible needle was the largest segment with a revenue share of 55.45% in 2023. Horizon Databook has segmented the North America steerable needles market based on bevel-tip flexible needle, symmetric-tip needle, tendonactuated tips covering the revenue growth of each sub-segment from 2018 to 2030.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America steerable needles market , including forecasts for subscribers. This continent databook contains high-level insights into North America steerable needles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America steerable needles market size, by country, 2018-2030 (US$M)
North America Steerable Needles Market Outlook Share, 2023 & 2030 (US$M)
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