Meticulous Research®, a leading market research firm, has
published a significant report titled “Surgical Sutures Market by Type
[Absorbable {Polyglactin, Polydioxanone, Poliglecaprone, Collagen}
Nonabsorbable {Polypropylene, Nylon, Silk}] Structure [Monofilament,
Multifilament] Coating [Uncoated, Antimicrobial] Application - Global Forecast
to 2030.” This report provides in-depth insights into the surgical sutures
market, forecasting it to reach $4.42 billion by 2030, growing at a compound
annual growth rate (CAGR) of 4.1% from 2024 to 2030.
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Several factors are propelling the growth of the surgical
sutures market, including advancements in suture technology and an increase in
surgical procedures globally. Furthermore, the expanding healthcare
infrastructure in developing nations is expected to create additional
opportunities for market expansion. However, the rise of alternative wound care
products and the growing trend towards minimally invasive surgeries may
restrain market growth to some extent.
Market Segmentation and Insights
The report segments the surgical sutures market based on
several criteria, including type, structure, coating type, application, end
user, and geography.
- Type:
The market is divided into absorbable and nonabsorbable sutures. In 2024,
absorbable sutures are projected to dominate the market share. This is
largely due to their higher tensile strength and effectiveness for deep
wound closures, providing benefits such as an anti-inflammatory effect and
eliminating the need for removal.
- Structure:
The multifilament/braided sutures segment is expected to hold the largest
market share in 2024. These sutures are constructed from twisted
filaments, offering enhanced strength and flexibility, along with
excellent knot security due to their higher friction coefficient.
- Coating
Type: The antimicrobial sutures segment is anticipated to experience
the highest growth rate during the forecast period. This growth is driven
by increasing concerns regarding surgical site infections, a higher volume
of surgical procedures, and favorable reimbursement policies.
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- Application:
The market includes various applications such as cardiovascular,
orthopedic, neurosurgery, gynecological surgery, cosmetic & plastic
surgery, ophthalmic surgery, and general surgery. The orthopedic surgery
segment is expected to capture the largest market share, fueled by a
rising incidence of musculoskeletal disorders and an increasing number of
surgical procedures among the aging population.
- End
User: Hospitals and clinics are projected to dominate the end-user
segment in 2024. This is attributed to a significant rise in patient
visits and increased healthcare spending.
- Geography:
North America is expected to lead the market, supported by the presence of
major players, high surgical procedure volumes, and advanced healthcare
systems.
Key Players in the Market
Notable companies profiled in the report include Ethicon,
Inc. (a subsidiary of Johnson & Johnson), B. Braun SE, Medtronic, Smith
& Nephew plc, and others. These key players are instrumental in shaping the
competitive landscape of the surgical sutures market, with ongoing innovations
and strategic initiatives aimed at enhancing market share.
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