Saudi Arabia Surgical Sutures Market Regional Revenue, Trends, Opportunities and Future Prospects - P&S Intelligence

On the basis of product, the Saudi Arabian surgical sutures market has been categorized into sutures and automated suturing devices. Between the two suture types, namely absorbable and non-absorbable, absorbable sutures are estimated to hold a larger share, of 65.3%, in the market in 2017. This can be attributed to an increase in the demand for absorbable sutures, as they can be easily broken down by the body through the process of hydrolysis and therefore do not have to be removed after surgery.

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Based on application, the surgical sutures market has been categorized into general, gynecological, orthopedic, ophthalmic, cardiovascular, and other surgeries. Among these, general surgery is expected to continue being the largest application area for surgical sutures in the market in the coming years. General surgery is estimated to account for the largest share in the surgical sutures market of Saudi Arabia in 2017 and is also predicted to be the fastest-growing application category, with a CAGR of 4.6%, during the forecast period.

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Based on end user, the surgical sutures market in Saudi Arabia has been categorized into hospitals and others, where the category of “others” includes private clinics, nursing homes, and ambulatory surgery centers. Hospitals are estimated to hold a larger share, of 83.2%, in the surgical sutures market in 2017. This is because most of the surgical procedures are performed in hospitals, as they are well equipped with medical facilities and professional personnel for conducting surgical procedures.

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Moreover, in January 2015, Medtronic plc completed the acquisition of Covidien plc, a manufacturer of medical devices and supplies. The cash-and-stock transaction valued approximately $49.9 billion. The acquisition aimed at extending the innovation capabilities of Medtronic plc.
Some of the other key players operating in the surgical sutures market in Saudi Arabia are Johnson & Johnson, Smith & Nephew plc, United Medical Industries Co. Ltd., and Doğsan.

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