Surgical Suture Market

Surgical Suture Market worth $4.9 billion by 2026

The report "Surgical Suture Market by Product (Automated Suturing Device (Disposable, Reuse), Suture Thread (Natural, Prolene, Stainless Steel, Antimicrobial)), Application (Cardiac, Gynae, Cosmetic, Ortho), End User (Hospital, ASC, Clinic) - Global Forecast to 2026" The global surgical sutures market is projected to reach USD 4.9 billion by 2026 from USD 3.7 billion in 2021, at a CAGR of 6.0% from 2021 to 2026. The rise in number of surgical procedures worldwide is driving surgical suture market. There has been increase awareness on healthcare which leads to increase in number of planed surgeries. As a result, the growth of the surgical patient population is expected to drive market growth.

Browse 280 market data Tables and 48 Figures spread through 264 Pages and in-depth TOC on "Surgical Suture Market by Product (Automated Suturing Device (Disposable, Reuse), Suture Thread (Natural, Prolene, Stainless Steel, Antimicrobial)), Application (Cardiac, Gynae, Cosmetic, Ortho), End User (Hospital, ASC, Clinic) - Global Forecast to 2026"
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The suture thread segment accounted for the largest share of the surgical suture market, by product, in 2020

Based on product, the surgical suture market is segmented into suture thread and automated suturing devices. The large share of suture thread segment can be attributed to the changing technologies in the manufacturing of absorbable sutures.

Multifilament sutures segment accounted for the largest share of the surgical suture market, by type, in 2020

Based on type, the surgical suture market is segmented into multifilament sutures and monofilament sutures. The growth of this segment is attributed to the increase in cases of health conditions and increased accidental and burn injuries which leads to complex surgeries

Cardiovascular segment accounted for the largest share of the surgical sutures market in 2020

The surgical suture market is segmented into cardiovascular surgery, general surgery, gynecological surgery, orthopedic surgery, ophthalmic surgery, cosmetic & plastic surgery, and other applications onapplication. The cardiovascular surgery segment accounted for the largest share of the surgical suture market in 2020. The rising demand geriatric population and increase in obesity leads to increase in cardiovascular surgeries this is expected to support the market growth of this application segment.

Hospitals segment accounted for the largest share of the surgical suture market, by end user, in 2020

Based on end user, the surgical suture market is segmented into hospitals, ambulatory surgical centers, and clinic & physician’s offices. The growth of this segment is attributed to the increase in cases of complex surgeries ike cardiovascular and orthopedic surgeries.

North America is the largest regional market for surgical suture market

The global surgical suture market is segmented into five major regions—North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa. North America accounted for the largest share of the surgical suture market in 2020, owing to the degrading lifestyle, improving healthcare facilities the number of surgeries have increased in this region. Furthermore, the presence of well-developed healthcare infrastructure and the growing adoption of advanced technologies are expected to support market growth in North America in the coming years.

Over the years, healthcare spending in North America has increased at a significant rate. Growing healthcare expenditure is also one of the major drivers for the hospital sector and is considered a positive indicator of market growth.

Prominent players in the global surgical sutures market include Ethicon, Inc. (US), Medtronic plc (Ireland), B. Braun Melsungen AG (Germany), Smith & Nephew plc (UK), Boston Scientific Corporation (US), Peters Surgical (France), DemeTECH Corporation (US), Internacional Farmacéutica (Mexico), Sutures India (India), EndoEvolution, LLC (US), Apollo Endosurgery, Inc. (US), Surgical Specialties Corporation (US), and Mellon Medical B.V. (Netherlands).

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Surgical Sutures Market Size,  Share & Growth Report
Report Code
MD 5177
PR Published ON
4/1/2021
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