Surgical Sutures Market Key Players, Latest Trends and Growth Forecast till 2033

Surgical Sutures Market Overview

Surgical sutures are sterile medical devices used to hold body tissues together after an injury or surgery. They are employed to close wounds, secure surgical incisions, and aid in the healing process by maintaining tissue alignment, promoting wound healing, and minimizing infection risks. Sutures can be made from natural or synthetic materials and are available in absorbable forms, which the body can break down over time, or non-absorbable forms, which must be removed once the wound has healed sufficiently.

The global surgical sutures market is presently worth USD 4,400 million and is poised to amplify at a CAGR of 5.8% over 2023-2033, thereby amassing a valuation of USD 6,500 million by end of the assessment timeframe.

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Competitive Analysis

Assut Medical S.r.L
B. Braun Melsungen AG
Boston Scientific Corporation
Centenial Surgical Suture Ltd.
CONMED Corporation
DemeTech Corporation
Ethicon Inc.
Internacional Farmacéutica S.A. De C.V.
Johnson & Johnson
Medtronic Plc.
Mellon Medical B.V.
Peters Surgical
Smith & Nephew Plc.
Surgical Specialties Corporation
Sutures India Pvt. Ltd.
Arthrex, Inc.
Teleflex Incorporated.

Global Surgical Sutures Market- Segmental Analysis

By Product

Automated Suturing Devices

Disposable
Reusable

Sutures

Absorbable
Non-absorbable

By Material

Monofilament
Multifilament

By Application

Cardiovascular Surgeries
General Surgeries
Gynecological Surgeries
Orthopedic Surgeries
Ophthalmic Surgeries
Other Surgeries

By End User

Hospitals
Advancing Surgical Care
Veterinary Hospitals
Specialty Clinics
Others

Key Driving Factors

The major factors responsible for the growth of this market are:

Growing number of surgical cases worldwide
Increasing healthcare expenditure
Positive scenarios of reimbursement

The increase in the number of surgical cases can be attributed to the improvised healthcare facilities, such as growing number of hospitals, clinics, and operating facilities, especially in countries with developing economy. Increased disposable income has led to the tremendous rise in healthcare expenditure, resulting in more number of surgeries, thereby boosting the growth of the surgical sutures market.

In developed nations, the growth of this market is mainly due to the rising aging population, which in turn calls for an increased demand for all kinds of surgical procedures, especially cardiovascular, orthopedic, urological, and dermatological procedures.

Advancements in technologies, growing aging population, suitable regulations and policies, and the high disposable income have contributed to the growth of this market in the Americas and Europe. The market in the Asia-Pacific is anticipated to show significant growth, owing to the growing medical tourism industry, rising population in China and India, unmet healthcare needs, increasing cases of chronic diseases that require surgical procedures, and suitable reimbursement methods.

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Table of Content:

Introduction

Research Scope
Market Segmentation
Research Methodology
Definitions and Assumptions

Executive Summary

Market Dynamics

Market Drivers
Market Restraints
Market Opportunities

Key Insights

Value Chain
Key Mergers, Acquisitions, Partnerships, etc.
Covid-19 Impact on the Market

Key questions answered in this report:

What is the market size and growth rate forecast for Surgical Sutures industry?
What are the main driving factors propelling the Surgical Sutures Market forward?
What are the leading companies in the Surgical Sutures Industry?
What segments does the Surgical Sutures Market cover?
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