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Surgical Sutures Market By Product (Sutures Thread, Automated Suturing Devices), By Application (Cardiovascular Surgeries, General Surgeries, And Gynecological Surgeries), By End-Users (Hospitals, Other End-Users) - Global Size Analysis and Industry Forec
Surgical Sutures Market
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North America region holds the highest market share and Asia Pacific is considered as the fastest growing market in the forecasted period. The dominance of North America is attributed to factors such as the growing geriatric population. At country level U.S, China, India and Japan holds the substantial market share owning to high population base, growth in awareness about Sutures and development in healthcare infrastructure.
Braun Melsungen AG (Germany), Johnson & Johnson (Ethicon, Inc.) (U.S.), Smith & Nephew PLC (U.K), Becton, Dickinson and Company (U.S.), Medtronic Plc. (Covidien Ltd.) (Ireland), Péters Surgical (France), DemeTECH Corporation (U.S), and Sutures India Pvt. Ltd. (India) are some of the key players in the Global Sutures Sutures market.
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Drivers:
• Growing number of surgical procedures across the globe
• Rapid increase in geriatric population globally
Restraints:
• Poor demand in under developed countries
Opportunities:
• Rise in adoption of cosmetics surgeries
• Significant Growth Potential in Emerging Markets
Challenges:
• Lack of Trained Professionals
The global surgical sutures market has been segmented on product, application, end user, and regions. On the basis of product, the market is segmented into suture threads and automated suturing devices of which suture threads are expected to account for the largest share of the market in 2017. Based on the application, the market is segmented into abdominal & pelvic surgery, general surgery, cardiac and thoracic surgery, and orthopedic surgery of which abdominal & pelvic surgery is expected to account for the largest share of the market.
Key Benefits for Stakeholders
• Surgical Sutures manufacturers, suppliers and distributors
• Research and consulting firms
• Healthcare associations/institutes
• Healthcare providers and venture capitalists
• Government agencies
By Product
Sutures Thread
• Absorbable Sutures
• Non-Absorbable Sutures
Automated Suturing Devices
By Application
• Cardiovascular Surgeries
• General Surgeries
• Gynecological Surgeries
• Orthopedic Surgeries
• Ophthalmic Surgeries
• Other Application
By End-Users
• Hospitals
• Other End-Users
By Region
• North America
• Europe
• Asia-Pacific
• RoW
Key Market Players
• Ethicon Inc. (A Subsidiary of Johnson & Johnson)
• B. Braun Melsungen AG
• Péters Surgical
• Demetech Corporation
• Smith & Nephew
• Becton, Dickinson and Company
• Medtronic Plc. (Covidien Ltd.)
• Sutures India Pvt. Ltd.
• Apollo Endo-surgery Inc.
• Mellon Medical B.V.
(A brief overview of 10 companies is also provided in the report.)
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