Suture Anchor Devices Market by Type (Absorbable & Non-Absorbable), Material (Metallic, Bio-absorbable, PEEK, Bio-composite and All Suture), Tying Type (Knotted & Knotless), and End User (Hospitals, Ambulatory Surgical Centers) - Global Forecast to 2023
The global suture anchor devices market is expected to reach USD 668.2 Million by 2023 from USD 521.1 Million in 2018, growing at a CAGR of 5.1%. Increasing geriatric population; rising adoption of minimally invasive surgeries; technological advancements and research in field of suture anchor devices; growing awareness about suture anchor devices; and growth in aging population are some of the major factors driving the growth of the global suture anchor market. These driving factors consequence to the rapid adoption of these new devices, thus propelling the market growth.
North America dominates the suture anchor devices market with the North America accounted major market share in 2017. Established healthcare infrastructure; and increasing orthopaedic surgical procedures are some of the major driving factors driving the growth of this market in North America. The Asian suture anchor devices market is poised to grow at the highest CAGR during the forecast period owing to improving healthcare infrastructure and rising awareness about advanced medical devices among people in the region. The rising focus of prominent players on the Asian suture anchor devices market is another factor driving its growth. Furthermore, emerging countries such as India and China provides immense growth opportunities to the suture anchor devices manufacturers.
Prominent players in the suture anchor devices market are Smith & Nephew plc (UK), Zimmer Biomet Holdings, Inc. (US), ConMed Corporation (US), Arthrex, Inc. (US), Johnson and Johnson (DePuy Synthes, Inc. (US), Medtronic plc. (Ireland), Stryker Corporation (US), Parcus Medical, LLC. (US), and Wright Medical (US).
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Scope of the Report
This research report covers the global suture anchor device market by method; product type; material type; tying type; end user; and geography.
Suture Anchor Device Market, by Product Type
- Non- AbsorbablE
Suture Anchor Device Market, BY Material Type
- Metallic Suture Anchor
- Bio-absorbable Suture Anchor
- PEEK Suture AnchoR
- Bio-composite Suture Anchor
- All Suture
Suture Anchor Device MARKET, by Tying Type
Suture Anchor Device MARKET, by End User
- Ambulatory surgical centers
- Other end users
Suture Anchor Device MARKET, BY region
- North america
- rest of europe (roe)
- Asia pacific
- rest of asia pacific
- Rest of the world (roW)
Table of Contents
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered in the Study
2 Research Methodology
2.1 Market Size Estimation
2.2 Market Crackdown and Data Triangulation
2.3 Market Share Estimation
2.3.1 Key Data Points Taken From Secondary Sources
2.3.2 Key Data Points Taken From Primary Sources
3 Executive Summary
4 Premium Insights
5 Market Overview
5.2 Market Dynamics
6 Suture Anchor Device Market, By Type
6.3 Non- Absorbable
7 Suture Anchor Device Market, By Material Type
7.2 Metallic Suture Anchor
7.3 Bio-Absorbable Suture Anchor
7.4 Peek Suture Anchor
7.5 Bio-Composite Suture Anchor
7.6 All Suture
8 Suture Anchor Device Market, By Tying Type
9 Suture Anchor Device Market, By End User
9.3 Ambulatory Surgical Centers
9.4 Other End Users
10 Suture Anchor Device Market, By Region
10.2 North America
10.3.6 Rest of Europe (RoE)
10.4 Asia Pacific
10.4.4 Rest of Asia Pacific
10.5 Rest of the World (RoW)
11 Competitive Landscape
11.2 Market Share Analysis
11.3 Competitive Situation and Trends
12 Company Profiles*
12.2 Smith & Nephew PLC.
12.3 Zimmer Biomet Holdings, Inc.
12.4 Conmed Corporation
12.5 Arthrex, Inc.
12.6 Johnson and Johnson (Depuy Synthes, Inc.)
12.7 Medtronic PLC
12.8 Stryker Corporation
12.9 Parcus Medical, LLC.
12.10 Wright Medical Group N.V.
12.11 Teknimed SA
Note: *Details on Financials, Products & Services, Key Strategy, & Recent Developments Might Not Be Captured in Case of Unlisted Companies.
* 10 to 15 Market Leaders Will Be Profiled
* Segmentation May Change During the Planned Research Work
Growth opportunities and latent adjacency in Suture Anchor Devices Market