European Surgical Suture Market to Witness Huge Growth in 2025 | Key Player Analysis: B. Braun Melsungen AG, Medtronic, Ethicon USA, LLC, Smith & Nephew, Atramat, Demetech Corporation, Sutures India, Péters Surgical
Surgical sutures are medical devices that are utilized during the surgical procedures for closing a wound with stitches. Many researchers and market players have developed innovative type of sutures which include absorbable and non-absorbable suture. Sutures are used for stitching the incisions during the surgical procedures or the cuts and wounds occurred during the accidents or injuries. The absorbable sutures are used as they get dissolved in the body with tissue enzymes easily. The advancements in the field of surgical sutures have resulted in increased developments of surgical sutures.
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European surgical suture market is estimated to grow at a CAGR of 5.8% during the forecast period from 2018 to 2025. The market for surgical sutures is estimated to reach US$ 1,328.5 Mn in 2025.
The market has been witnessing a gradual growth rate during the previous years and is expected to witness similar trend in the coming years. Additionally, manufacturers are focusing towards product innovation in the material used for manufacturing the sutures by means of research and development activities.
Leading European Surgical Suture Market Players:
1. B. BRAUN MELSUNGEN AG
3. ETHICON USA, LLC
4. SMITH & NEPHEW
6. DEMETECH CORPORATION
7. SUTURES INDIA
8. PÉTERS SURGICAL
9. TELEFLEX MEDICAL OEM
10. SERAG-WIESSNER GMBH & CO. KG
In our study, we have segmented the surgical sutures market by product, and application. Based on product, the market is segmented as absorbable sutures and non-absorbable sutures. The absorbable sutures is further classified as natural sutures and synthetic sutures. The application segment is classified as cardiovascular surgeries, orthopedic surgeries, general surgeries, gynecology surgeries, ophthalmic surgeries and others. Geographically, the Europe market for surgical scalpels is segmented into UK, France, Germany, Russia, Italy, Spain, Turkey, Poland and Rest of Europe.
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The market for surgical sutures is well established in European market due to rise in the demand for surgical sutures in the region. The market is anticipated to increase during the forecast years owing to factors such as increase in the number of surgical procedures in the region. In the European market United Kingdom holds the largest market for the surgical sutures owing to the factors such as rise in the number of surgeries for the cardiovascular diseases. In addition, British Heart Foundation (BHF) piloted innovative health programs for improvising services for people living with CVD or at risk of CVD. Furthermore, the National Health Service (NHS) in England provided a scheme that helped patients to get benefited with the innovative products. Therrefore, an innovation of plus surgical suture was done that aim to reduce the risk of infection such as Methicillin-resistant Staphylococcus aureus (MRSA) which can cause serious skin infections or infect surgical wounds.
The major players operating in the of surgical sutures in Europe include, B. Braun Melsungen AG, Medtronic, Ethicon USA, LLC, Smith & Nephew, Atramat, Demetech Corporation, Sutures India, Péters Surgical, Teleflex Medical OEM, Serag-Wiessner GmbH & CO. KG among others.
Reason to Buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global European Surgical Suture Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the European Surgical Suture Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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Table of Contents:
1. INTRODUCTION 17
1.1 SCOPE OF THE STUDY 17
1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE 17
2. EUROPE SURGICAL SUTURES MARKET – KEY TAKEAWAYS 18
3. EUROPE SURGICAL SUTURE MARKET – MARKET LANDSCAPE 20
3.1 OVERVIEW 20
3.2 MARKET SEGMENTATION 20
3.2.1 Europe Surgical Suture Market – By Product 21
3.2.2 Europe Surgical Suture Market – By Application 22
3.2.3 Europe Surgical Suture Market – By Country 22
3.3 PEST ANALYSIS 23
3.3.1 Europe – PEST Analysis 23
4. EUROPE SURGICAL SUTURE MARKET – KEY MARKET DYNAMICS 25
4.1 KEY MARKET DRIVERS 25
4.1.1 Government Support for Healthcare Industry 25
4.1.2 Rise in the Number Surgeries 25
4.2 KEY MARKET RESTRAINTS 25
4.2.1 Developments in the Alternates of Sutures 25
4.2.2 Adoption of Robotics Surgeries 26
4.3 KEY MARKET OPPORTUNITIES 26
4.3.1 Product Innovations in Surgical Suture Market. 26
4.4 FUTURE TRENDS 26
4.4.1 Market Fluctuations 26
4.5 IMPACT ANALYSIS 27
5. EUROPE SURGICAL SUTURES MARKET –ANALYSIS 28
5.1 EUROPE SURGICAL SUTURES MARKET REVENUE FORECASTS AND ANALYSIS 28
5.2 EUROPE SURGICAL SUTURE MARKET, BY GEOGRAPHY - FORECASTS AND ANALYSIS 5.3 MARKET SHARE ANALYSIS 30
5.4 PERFORMANCE OF KEY PLAYERS 30
5.4.1 Ethicon USA, LLC 30
5.4.2 B Braun Melsungen AG 31
5.5 EXPERT OPINIONS 31
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