Surgical Suture Market Research Report 2018-2025 by Key Innovators: Medtronic, Ethicon USA, LLC, Smith & Nephew, Atramat, Demetech Corporation, Sutures India, Péters Surgical, Teleflex Medical OEM
Worldwide Surgical Suture Market Analysis to 2025 is a specialized and in-depth study of the Surgical Suture industry with a focus on the global market trend. The report aims to provide an overview of global Surgical Suture Market with detailed market segmentation by product/application and geography. The global Surgical Suture Market is expected to witness high growth during the forecast period. The report provides key statistics on the Market status of the Surgical Suture players and offers key trends and opportunities in the market.
• To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Surgical Suture Market
• To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)
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Top Dominating Key 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
Global surgical sutures market is estimated to grow at a CAGR of 5.4% during the forecast period from 2018 to 2025. The market for surgical sutures is estimated to reach US$ 4,503.3 Mn in 2025. The market has been witnessing a steady growth rate during the past recent years and is anticipated to experience similar trend in the coming years. Additionally, manufacturers are focusing towards product innovation in the material used for manufacturing the sutures and the instruments holding the sutures by means of research and development activities.
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 global market for surgical sutures is segmented into North America, Europe, Asia Pacific, Middle East & Africa and South and Central America.
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The market for surgical sutures is dominated by the North American market due to rise in the demand for surgical sutures in the region. The market is expected to rise in during the forecast years owing to factors such as increase in the number of surgical procedures in the region. In the North American market United States 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, the orthopedic surgeries are being carried out more in this country. As per the American Joint Replacement Registry (AJRR) it is estimated that by 2030 near about 3.48 Mn people will be requiring knee replacement. The estimates are calculated by considering the baby boomers reaching old age in the United States. Moreover, the cardiovascular disease (CVD) and stroke are creating immense health burdens in the United States. As per the American College of Cardiology’s reports it is stated that near about 800,000 deaths were noted in United States.
Besides this, the report analyzes factors affecting Surgical Suture market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis.
Also, key market players influencing the Surgical Suture market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
What our report offers:
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Global 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 Surgical Suture, 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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About Us - The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Healthcare IT, Biotechnology and Medical Device industries.
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