Surgical Sutures Market

Surgical Sutures Market worth $5.5 billion by 2028

The report "Surgical Sutures Market by Product (Automated Suturing Device (Disposable, Reuse), Suture Thread (Natural, Polypropylene, Stainless Steel, Antimicrobial)), Application (Cardiac, Gynae, Cosmetic, Ortho), End User & Region - Global Forecast to 2028", is projected to reach USD 5.5 billion by 2028 from USD 4.0 billion in 2023, at a CAGR of 6.4% during the forecast period.

Browse 348 market data Tables and 52 Figures spread through 319 Pages and in-depth TOC on "Surgical Sutures Market by Product (Automated Suturing Device (Disposable, Reuse), Suture Thread (Natural, Polypropylene, Stainless Steel, Antimicrobial)), Application (Cardiac, Gynae, Cosmetic, Ortho), End User & Region - Global Forecast to 2028"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/surgical-sutures-market-18374832.html

The surgical sutures market is propelled by several key drivers. The increasing global prevalence of chronic diseases and a growing aging population contribute significantly to the rising demand for surgical procedures, thereby boosting the need for effective wound closure solutions like surgical sutures. Technological advancements and innovations in suture materials further enhance the market, providing healthcare professionals with advanced and tailored options for diverse surgical applications. However, amidst this optimistic landscape, certain restraints merit consideration. Stringent regulatory requirements pose challenges for market entry, particularly for new players. Additionally, the market contends with price pressure due to intense competition and the availability of alternative wound closure methods.

The hospital segment is expected to register a substantial share by end users of the Surgical Sutures market.

Hospitals play a pivotal role as end users in the surgical suture market, holding a substantial share. This dominance is rooted in the extensive and diverse range of surgical procedures conducted within hospital settings, ranging from routine surgeries to complex interventions. The consistent demand for surgical sutures in these environments underscores their critical role in wound closure and patient recovery. Additionally, hospitals often serve as central hubs for medical care, contributing to the heightened utilization of surgical sutures. As the healthcare landscape continues to evolve, the significance of hospitals as key end users in the surgical suture market remains pronounced, influencing market dynamics and trends.

Multifilament Surgical Sutures hold a substantial share by type in Surgical Sutures market.

Multifilament surgical sutures have emerged as a dominant force in the surgical suture market, securing a substantial share by type. This prominence is attributed to the distinct advantages offered by multifilament sutures in comparison to their monofilament counterparts. Characterized by multiple strands twisted or braided together, multifilament sutures boast enhanced flexibility, knot security, and ease of handling for surgeons. These attributes make them particularly well-suited for a wide range of surgical applications. The multifilament variety's ability to minimize tissue reaction and inflammation, coupled with its superior tensile strength, further solidifies its position as a preferred choice among healthcare professionals. As surgical techniques evolve and demand for precise and reliable wound closure solutions grows, multifilament surgical sutures continue to play a pivotal role in shaping the landscape of the surgical suture market.

Asia is to witness a considerable growth rate during the forecast period.

In the upcoming years, the surgical suture market in Asia is set to experience significant growth. This growth is driven by factors such as a growing population, an increase in chronic diseases, and a rise in the number of surgical procedures. Governments in the region are also investing more in healthcare infrastructure, making surgeries more accessible. Big countries like China and India are expected to be major contributors to this growth, with a rising awareness of advanced medical treatments. The popularity of medical tourism in countries like India and Singapore is adding to this momentum. As Asia continues to develop economically and improve its healthcare services, the surgical suture market is likely to see substantial and sustained growth in the region.

Key Players

Prominent players in the surgical sutures market include Ethicon, Inc. (a subsidiary of Johnson & Johnson) (US), Medtronic Plc (Ireland), B. Braun SE (Germany), Advanced Medical Solutions Group Plc (UK),  Internacional Farmacéutica S.A. de C.V. (Mexico), Healthium MedTech Limited (India), Peters Surgical (France), Corza Medical (US), Boston Scientific Corporation (US), DemeTECH Corporation (US), Zimmer Biomet Holdings, Inc. (US), Stryker Corporation (US), Smith & Nephew Plc (UK), CONMED Corporation (US), Mellon Medical B.V. (Netherlands), Unisur Lifecare Pvt. Ltd. (India), Assut Europe (UK), Katsan Katgüt Sanayi ve Tic. A.S. (Turkey), Sutumed Corp. (US), Aqmen Medtech Pvt. Ltd. (India), Futura Surgicare Pvt. Ltd. (India), Anchora Medical Ltd. (Israel), Lotus Surgicals (India), Biosintex (Romania), and Meril Life Sciences Pvt. Ltd. (India).

Don’t miss out on business opportunities in Surgical Sutures Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Surgical Sutures Market Size,  Share & Growth Report
Report Code
MD 5177
PR Published ON
12/4/2023
Choose License Type
BUY NOW
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Surgical Sutures Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2024 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status
...

Digital Virtual Assistant - MarketsandMarkets

Home