Press release
Surgical Suture Market to Reach $ 4,503.3 Mn by 2025: Ethicon USA, Smith & Nephew, Atramat, Demetech Corporation, B. Braun Melsungen, Medtronic, Sutures India, Péters Surgical, Teleflex Medical OEM, Serag-Wiessner
The global surgical suture market accounted to US$ 2,954.5 Mn in 2017 and is expected to grow at a CAGR of 5.4% during the forecast period 2018 - 2025, to account to US$ 4,503.3 Mn by 2025.The market for the surgical sutures is driven by the factors such as government support for healthcare industry, rise in the number of surgeries, rise in the number of the aesthetic surgeries and emphasis for medical tourism. Whereas, the market is restrained by the factors such development in the alternates of sutures and adoption of the robotic surgeries which are limiting the use of the human suturing. The market for the surgical sutures has opportunity to develop innovative products such as suture holders, suturing instruments that will be helpful for the suturing processes. The need of the suturing will lead to more developments that will allow surgeries to be non-invasive.
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North America is the largest geographic market and it is expected to be the largest revenue generator during the forecast period. North American market is driven by the factors such as, increasing number of manufacturers as well as the large number of surgeries such as, knee replacement, hip/ joint replacement surgeries, plastic surgeries, cardiovascular surgeries and C section deliveries in the region.
The report highlights the trends prevalent in the global surgical sutures market and the factors driving the market along with the factors that are restraining the growth of surgical sutures market. The global market is classified into the five major regions such as North America, Europe, Asia Pacific, Middle East & Africa and South & Central America.
The surgical sutures market is highly fragmented due to the presence of various local as well as regional players. Some of the key players operating in the global surgical sutures market 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.
The surgical suture market by application was segmented into cardiovascular surgery, gynecological surgery, ophthalmic surgery, orthopedic surgery, general surgery and others. The cardiovascular surgery segment held the largest share of the market, by application. The general surgery segment is also anticipated to witness rapid growth during the forecast period, owing to the rising demand of sutures requires for the general suturing, wound healing and more
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The report segments the Global Surgical Sutures market as follows:
Global Surgical Sutures Market – By Product
Absorbable Sutures
- Natural Sutures
- Synthetic Sutures
- Polydioxanone Sutures
- Polyglactin 910 Sutures
- Poliglecaprone 25 Sutures
- Polyglycolic Acid Sutures
Non-Absorbable Sutures
- Prolene Sutures
- Stainless Steel Sutures
- Nylon Sutures
Global Surgical Sutures Market – By Application
Cardiovascular Surgery
Gynecology Surgery
Ophthalmic Surgery
Orthopaedic Surgery
General Surgery
Others
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