According to a new market research 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,’ published by Meticulous Research®, the surgical
sutures market is projected to reach $4.42 billion by 2030, at a CAGR of 4.1%
from 2023 to 2030.
Download Free Sample Report Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=4947?utm_source=blog&utm_medium=social&utm_campaign=product&utm_content=04-12-2023
Surgical sutures are medical devices used for deep wound
closure. It helps to hold the body tissues after any surgery or injury. Various
types of sutures are available based on shape, size, and thread material, as
well as the characteristics of the needle. Surgical sutures should be examined
by the location and characteristics of the wound or the specific body tissues.
The report also includes an extensive assessment of the key
strategic developments of leading market participants in the industry in the
last three to four years. The global surgical sutures market has witnessed
several strategic developments in the past few years.
Advancements in sutures and wound closure technologies and
the increasing number of surgical practices are driving the growth of this
market. In addition, growing healthcare infrastructure in developing countries
will likely offer better growth opportunities for market expansion. However,
the availability of alternative wound care products and the increasing
popularity of minimally invasive surgeries is expected to restrain the market's
growth to some extent.
Enhancing Healthcare Infrastructure in Developing Countries
to Offer Opportunities for Surgical Sutures Market Growth
Surgical sutures manufacturers have the opportunity to
expand into new markets, such as developing countries with growing healthcare
infrastructures. These markets may offer significant growth opportunities for
surgical sutures, particularly as the demand for surgical procedures increases.
The demand for healthcare services is growing globally, especially in
developing countries, due to rising healthcare expenditure and growing
healthcare infrastructure.
Developing countries in Asia and Latin America offer high
growth opportunities due to the aging population suffering from
non-communicable diseases and growing income level and spending on healthcare.
Additionally, governments of various developing nations are taking initiatives
to improve healthcare infrastructure. Countries such as China, Japan, and South
Korea are investing heavily in their healthcare systems, leading to increased
surgical procedures and the adoption of advanced sutures for deep wound closure.
Speak to our Analysts to Understand the Impact of
COVID-19 on Your Business: https://www.meticulousresearch.com/speak-to-analyst/cp_id=4947?utm_source=blog&utm_medium=social&utm_campaign=product&utm_content=04-12-2023
The surgical sutures market is segmented by Type [Absorbable
Sutures {Synthetic Sutures (Polyglactin 910 (Vicryl), Poliglecaprone 25
(MONOCRYL), Polydioxanone (PDS), Polyglycolic Acid), Natural Sutures (Collagen
Fiber Suture), Other Absorbable Sutures}, Nonabsorbable Sutures {Synthetic
Sutures (ETHIBOND EXCEL Polyester Suture, Polypropylene (Prolene)), Natural
Sutures (Nylon (polyamide), Silk, Stainless Steel), Other Nonabsorbable
Sutures}, Structure [Monofilament Sutures, Multifilament/Braided Sutures], Coating
Type [Uncoated Sutures, Antimicrobial Sutures], Application [Cardiovascular
Surgery, Orthopedic Surgery, Neurosurgery, Gynecological Surgery, Cosmetic
& Plastic Surgery, Ophthalmic Surgery, General Surgery, Other
Applications], End User (Hospitals/Clinics, Ambulatory Surgical Centers, Other
End Users], and Geography (North America, Europe, Asia-Pacific, Latin America,
and Middle East & Africa).
Based on type, the surgical sutures market is segmented into
absorbable sutures and nonabsorbable sutures. The absorbable sutures segment is
expected to account for the largest share of the market in 2023. Absorbable
sutures are made of material that can dissolve into the body over time and are
used to rapidly close surgical incisions or wounds. They don’t need any removal
after wound healing. The rise in accident cases and the prevalence of surgeries
boosted surgical procedures and wound care management, contributing to the high
demand for absorbable sutures.
Based on structure, in 2023, the multifilament/braided
sutures segment is expected to account for the largest share of the surgical
sutures market. The large market share of this segment is attributed to its
greater tensile strength, high resistance value, better flexibility, and
pliability. These types of sutures are easy to handle, and they tie well.
However, the monofilament sutures segment is projected to register the highest
CAGR during the forecast period. The growth of this segment is driven by its ability
to lower infection risk, offer resistance to microorganisms, and reduce tissue
trauma. They are more appropriate with fine tissues where tissue trauma can be
prominent such as blood vessels.
Based on the coating type, the antimicrobial sutures segment
is projected to register the highest CAGR during the forecast period.
Antimicrobial sutures are coated with an antimicrobial material. They are used
to repair incisions or cuts and heal them rapidly. Antimicrobial-coated sutures
are used to reduce or prevent any suture-related infections. The minimally
invasive nature of these sutures and the growing number of surgeries drive the
growth of this segment.
Quick Buy – Surgical Sutures Market Research Report: https://www.meticulousresearch.com/Checkout/94771664?utm_source=blog&utm_medium=social&utm_campaign=product&utm_content=04-12-2023
Based on application, in 2023, the surgical sutures market
is segmented into cardiovascular surgery, orthopedic, neurosurgery,
gynecological surgery, cosmetic & plastic surgery, ophthalmic surgery,
general surgery, and other applications. The Orthopedic surgery segment is
expected to account for the largest share of the surgical sutures market. The
large market share of this segment is attributed to the growing incidence of
knee arthroplasty and hip replacement surgeries among the geriatric population
and the rising prevalence of accident cases and sports injuries.
Based on end user, in 2023, the hospitals/clinics segment is
expected to account for the largest share of the surgical sutures market. The
large market share of this segment is attributed to a rise in surgical
procedures and frequent doctor visits for wound closure.
Based on geography, the surgical sutures market is segmented
into North America, Europe, Asia-pacific, Latin America, and Middle East &
Africa. In 2023, North America is expected to account for the largest share of the
surgical sutures market. The key factors contributing to this large market
share are the high burden of the geriatric population, advanced healthcare
infrastructure, the increasing number of surgeries, and the presence of key
market players. However, Asia-Pacific is projected to register the highest CAGR
during the forecast period. The growth of this segment is primarily due to the
aging population and increasing prevalence of chronic diseases requiring
surgical procedures, improving healthcare infrastructure, accelerated growth of
economies and increasing disposable incomes, and growing medical tourism
industry.
Some of the key players operating in the global surgical
sutures market are Ethicon, Inc. (U.S.) (A subsidiary of Johnson & Johnson
Services, Inc.), B. Braun SE (Germany), Medtronic (Ireland), Smith & Nephew
plc (U.K.), Surgical Specialties Corporation (U.S.), CONMED Corporation (U.S.),
Mellon Medical B.V. (Netherlands), DemeTECH Corporation (U.S.), Apollo
Endosurgery, Inc. (U.S.), Teleflex Incorporated (U.S.), Kono Seisakusho
Co.,Ltd. (Japan), Zimmer Biomet Holdings (U.S.), Stryker Corporation (U.S.),
Boston Scientific Corporation (U.S.), Advanced MedTech Solutions Pvt. Ltd.
(India), and Peters Surgical (India).
TOP 10 COMPANIES IN SURGICAL SUTURES MARKET @ https://meticulousblog.org/top-10-companies-in-surgical-sutures-market/?utm_source=blog&utm_medium=social&utm_campaign=product&utm_content=04-12-2023
