Needle Holders Market Sees Growth with Increasing Geriatric Population
The global needle holders market size was estimated at USD 231.83 million in 2022 and is projected to reach USD 505.50 million by 2030, growing at a CAGR of 10.25% from 2023 to 2030. Growth is driven by the rising prevalence of surgical procedures worldwide, advancements in minimally invasive techniques requiring precise instrument control, the increasing geriatric population leading to greater demand for surgical interventions, and continuous innovations in needle holder designs that improve surgical efficiency.
The market is also supported by expanding healthcare infrastructure in emerging economies, improved access to quality medical services, and the growing focus on enhancing patient outcomes. Rising incomes in developing countries are boosting affordability for advanced medical procedures, thereby contributing to increased demand for surgical instruments, including needle holders.
Technological innovations are further shaping the market, with manufacturers designing instruments featuring improved grip mechanisms, ergonomic handles, locking systems, and ratchets for greater precision and safety. Such advancements enable surgeons to perform delicate procedures with reduced fatigue, enhanced control, and improved suturing techniques.
In addition, the increasing geriatric population and prevalence of chronic diseases continue to drive market demand. Older adults undergoing surgeries such as joint replacements, cardiac procedures, and cancer treatments require high-quality instruments that minimize tissue damage while ensuring precision, thereby accelerating the adoption of advanced needle holders.
Key Market Trends & Insights
- Regional Insights: North America accounted for the largest market share of 38.9% in 2022, while Asia Pacific is expected to grow at the highest CAGR of more than 12.19% during 2023–2030.
- By Type: The Mayo-Hegar needle holder segment dominated with a market share of over 20.64% in 2022.
- By Application: The cardiovascular segment led the market in 2022, reflecting the rising global prevalence of cardiovascular diseases (CVDs).
- By End-Use: Hospitals dominated with the highest revenue share of 45.9% in 2022.
Order a free sample PDF of the Needle Holders Market Intelligence Study, published by Grand View Research.
Market Size & Forecast
- 2022 Market Size: USD 231.83 Million
- 2030 Projected Market Size: USD 505.50 Million
- CAGR (2023–2030): 10.25%
- North America: Largest market in 2022
- Asia Pacific: Fastest-growing region
Key Companies & Market Share Insights
The market is fragmented with the presence of several established players who invest heavily in R&D to introduce innovative instruments catering to diverse surgical specialties. For example, in April 2023, Cardiac Services announced an expansion of its surgical portfolio with Wexler Surgical’s innovative instruments, including advanced needle holders, forceps, retractors, and scissors.
Some of the prominent companies in the global needle holders market include:
- Braun
- J&J Instruments
- Becton, Dickinson and Company
- Olympus
- August Reuchlen GmbH
- Hu-Friedy
- Nordent Manufacturing
- Towne Brothers (PVT) LTD
Explore Horizon Databook – The world's most expansive market intelligence platform developed by Grand View Research.
Conclusion
The global needle holders market is poised for significant growth, driven by rising surgical volumes, technological advancements, and the increasing need for precision in minimally invasive procedures. While North America continues to hold a major share, the Asia Pacific region presents the highest growth opportunities due to expanding healthcare infrastructure and rising medical expenditures. With an aging population and a growing burden of chronic diseases, the demand for advanced surgical instruments will continue to rise, positioning needle holders as an essential component of modern surgical care.
browse our blog: https://globalindustryherald.com
English
Arabic
Français
Español
Português
Türkçe
Dutch
Italiano
Russian
Romaian