How big is the needle holders market?

The global needle holders market size was estimated at USD 231.83 million in 2022 and is expected to reach USD 255.5 million in 2023.

What is the needle holders market growth?

The global needle holders market is expected to grow at a compound annual growth rate of 10.25% from 2023 to 2030 to reach USD 505.50 million by 2030.

Which segment accounted for the largest needle holders market share?

North America dominated the needle holders market with a share of 29.3% in 2022. This is attributable to an increase in the number of surgical procedures, and increasing number of road accidents and trauma cases in the region.

Who are the key players in needle holders market?

Some key players operating in the needle holders market include B.Braun, J&J Instruments, Becton, Dickinson, Olympus, August Reuchlen GmbH, Hu-Friedy, Nordent Manufacturing and Towne Brothers (PVT) LTD.

What are the factors driving the needle holders market?

Key factors that are driving the needle holders market growth include the increasing prevalence of chronic diseases, rising number of road accidents, and rise in the number of surgical procedures.