Market Forecast By Type (Round Bodied Needle, Blunt Point Needle, Reverse Cutting Needle, Conventional Cutting Needle, Spatula Needle, Tapercut Needle), By Application (Hospital, Clinics, Ambulatory Surgical Centres, Others) And Competitive Landscape
Product Code: ETC369815 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Report Name | Australia Suture Needles Market |
Forecast period | 2025-2031 |
CAGR | 7.2% |
Growing Sector | Healthcare |
The Australia Suture Needles Market report thoroughly covers the market by type and by application. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Australia Suture Needles Market is evolving and is projected to attain significant growth in the coming years driven by an increasing number of surgical procedures, advancements in suture needle design and the rising prevalence of chronic diseases requiring surgical interventions.
According to 6Wresearch, the Australia Suture Needles Market size is expected to grow at a significant CAGR of 7.2% during 2025-2031. This growth is propelled by an increasing number of surgical procedures, advancements in suture needle design and the rising prevalence of chronic diseases requiring surgical interventions. The country's ageing population and advancements in medical technology are also contributing to the growth of the market. Moreover, with a rise in surgical procedures and demand for minimally invasive surgeries, there has been a rise in the use of sutures and subsequently, suture needles. This has further propelled the growth of the market. The Australian government's initiatives to improve access to healthcare services and increase awareness about advanced medical treatments are also expected to drive the growth of the suture needles market. These factors will influence the Australia Suture Needles Market Growth.
Some of the challenges are related to product safety and usability. One of the major challenges is the availability and accessibility of advanced medical treatments in rural and remote areas of the country. The high cost associated with developing new suture needles and the increasing competition from local manufacturers are also factors that can hinder market growth. Moreover, ensuring the sterility and integrity of needles throughout the manufacturing and distribution process is critical for patient safety and regulatory compliance. Additionally, market competition and pricing pressures necessitate cost-effective manufacturing without compromising quality or performance.
Some of the key players operating in the Australia Suture Needles market include Ethicon Inc., B. Braun Melsungen AG, Teleflex Incorporated, Medtronic, and Smith & Nephew plc. These companies are focusing on strategic collaborations, mergers and acquisitions and new product launches to expand their market share in Australia. Currently, Ethicon Inc. holds the largest share of the Australia Suture Needles market.
Government regulations play a significant role in the Australia Suture Needles Market. These regulations aim to ensure patient safety and product quality. Suture needles must comply with applicable Australian and international standards for medical devices. The TGA typically reinforces standards related to packaging and quality. Suture needles must be labelled and packaged in accordance with TGA regulations, including requirements for labelling content, symbols, instructions for use, and traceability information. Packaging materials must also meet standards for sterility and integrity to ensure product safety. Additionally, the government has put customs regulations and requirements for importing medical devices into Australia.
The Australia Suture Needles Market has been experiencing significant growth over the past few years. Several factors will shape the future of the market. The market for Suture Needles is predicted to expand due to various supporting reasons such as growing health infrastructure and technological advancements. Continued advancements in materials science and manufacturing technologies are expected to drive innovation in suture needle design and production. This can include the development of novel materials with enhanced strength and flexibility, as well as the use of advanced manufacturing techniques.
According to Dhaval, Research Manager, 6Wresearch, the conventional cutting needle segment is expected to hold a dominant share in the Australia Suture Needles Market. This can be attributed to its widespread use in various surgical procedures due to its versatility and effectiveness.
On the basis of the Application, the hospital segment is expected to dominate the Australia Suture Needles Market by application. This can be attributed to the increasing number of hospitals and surgical procedures, along with advancements in healthcare infrastructure.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Suture Needles Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Suture Needles Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Suture Needles Market - Industry Life Cycle |
3.4 Australia Suture Needles Market - Porter's Five Forces |
3.5 Australia Suture Needles Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Australia Suture Needles Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Australia Suture Needles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing number of surgical procedures in Australia |
4.2.2 Technological advancements in suture needle materials and designs |
4.2.3 Growing demand for minimally invasive surgeries |
4.3 Market Restraints |
4.3.1 Stringent regulatory requirements for suture needle manufacturing |
4.3.2 Competition from alternative wound closure methods |
4.3.3 High cost associated with suture needles |
5 Australia Suture Needles Market Trends |
6 Australia Suture Needles Market Segmentations |
6.1 Australia Suture Needles Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Suture Needles Market Revenues & Volume, By Round Bodied Needle, 2021-2031F |
6.1.3 Australia Suture Needles Market Revenues & Volume, By Blunt Point Needle, 2021-2031F |
6.1.4 Australia Suture Needles Market Revenues & Volume, By Reverse Cutting Needle, 2021-2031F |
6.1.5 Australia Suture Needles Market Revenues & Volume, By Conventional Cutting Needle, 2021-2031F |
6.1.6 Australia Suture Needles Market Revenues & Volume, By Spatula Needle, 2021-2031F |
6.1.7 Australia Suture Needles Market Revenues & Volume, By Tapercut Needle, 2021-2031F |
6.2 Australia Suture Needles Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Australia Suture Needles Market Revenues & Volume, By Hospital, 2021-2031F |
6.2.3 Australia Suture Needles Market Revenues & Volume, By Clinics, 2021-2031F |
6.2.4 Australia Suture Needles Market Revenues & Volume, By Ambulatory Surgical Centres, 2021-2031F |
6.2.5 Australia Suture Needles Market Revenues & Volume, By Others, 2021-2031F |
7 Australia Suture Needles Market Import-Export Trade Statistics |
7.1 Australia Suture Needles Market Export to Major Countries |
7.2 Australia Suture Needles Market Imports from Major Countries |
8 Australia Suture Needles Market Key Performance Indicators |
8.1 Average selling price of suture needles |
8.2 Adoption rate of advanced suture needle technologies |
8.3 Number of hospitals and healthcare facilities adopting suture needle products |
9 Australia Suture Needles Market - Opportunity Assessment |
9.1 Australia Suture Needles Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Australia Suture Needles Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Australia Suture Needles Market - Competitive Landscape |
10.1 Australia Suture Needles Market Revenue Share, By Companies, 2024 |
10.2 Australia Suture Needles Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |