Middle East and Africa Surgical Sutures Market Was Valued $ 430 Million and is Expected to Witness a Moderate CAGR Of 5% During the Forecast Period 2018 – 2022

Surgical suture is also known as stitches surgical threads that are used to hold body tissues together after an injury or surgery. It is normally classified into two types absorbable and non-absorbable, absorbable suture are those which break down harmlessly in the body over time without intervention, whereas non-absorbable are those which removed manually if they are not left indefinitely. It also avoids infection of an open wound.

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Rising incidences of accidents, growing expenditure on health and development of advanced sutures such as film coated sutures in this region leads the market of surgical suture. Now a days there are the huge demands for surgical suture owing to increase in prevalence of accidents. Also increase kerosene cook stove incidents, non-fatal burn injuries, workplace and home injuries are fuelling the requirements of suture in this region.

According to the report published by the World Health Organization (WHO), globally around 180,000 people died with burning annually, and the majority of these occur in low- and middle-income countries and almost two thirds occur in the WHO African and South-East Asia regions. This huge presence of patient population increases the demand for surgical suture for effective treatment.

The Middle East and Africa surgical sutures market are rising with a moderate rate; mainly owing to increase in patient population. According to update report of World Health Organization, In South Africa an estimated USD 26 million is spent annually for the care of burns from a kerosene cook stove incidents. Also report suggest that females are slightly higher burns in comparison to male. Increasing consumer awareness about the benefits associated with surgical sutures, increasing the demands Middle East and Africa.

The market for Middle East and Africa surgical sutures was estimated to be around $ 430 million in 2016. Taking all factors into consideration, we expect the Middle East and Africa surgical sutures market to reach around $ 576.3 million, by 2022, growing at a CAGR of 5%.

The Middle East and Africa Surgical Sutures Market - Competitive Analysis

Companies are continually inventing new products to capture the market of the Middle East and Africa. Thus, major players invest more in research and development activity, in order to lead the Middle East and Africa market. In this regards, Ethicon Inc., in 2017, launched PROXISURE suturing device designed to improve precision in minimally-invasive surgery. This invention help company to establishing a new standard of excellence in laparoscopic suturing and also to treat patients in wound closure. Companies are investing more into research and development in order to develop quality and advance products, which help them to lead the Middle East and Africa market.

Again in January 2017, Ethicon Inc., announced that it acquired Megadyne Medical Products, Inc. that develops, manufactures and markets electrosurgical tools used in operating rooms worldwide. This acquisition help company to increase the product portfolio around the world. Increasing in demand for treatment fuel the growth of surgery sutures in this region.

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The Middle East and Africa Surgical Sutures Market - Key Players

Some of the key players in this market are Ethicon Inc., B. Braun Melsungen AG, Dolphin Sutures, Synthecon, DemeTECH Corporation, Medtronic plc., Internacional Farmaceutica, Sutures India Pvt. Ltd. and others.

The Middle East and Africa Surgical Sutures Market - Study Objectives

To provide detail analysis of the market structure along with forecast for the next 6 years of various segments and sub-segments of the Middle East and Africa surgical sutures market
To provide insights about factors affecting the market growth
To analyze the market based on various analyses which includes price analysis, supply chain analysis, Porters Five Force analysis etc.
To provide historical and forecast revenue of the market segments and sub-segments for Middle East and Africa Surgical Sutures market

The Middle East and Africa Surgical Sutures Market – Segments

Middle East and Africa surgical sutures market has been segmented on the basis of product type which comprises of absorbable and non-absorbable sutures. On the basis of raw material; market is segmented into natural and synthetic. On the basis of construction; market is segmented into monofilament and multi-filament.

Major Table of Contents

1 Introduction

1.1 Definition

1.2 Scope of Study

1.3 Research Objective

1.4 Assumptions & Limitations

1.5 Market Structure:

2 Research Methodology

2.1 Research Process

2.2 Primary Research

2.3 Secondary Research

3 Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

3.5 Macroeconomic Indicators

4 Market Factor Analysis

Continued….

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