Press release
How Surgical Sutures Market Will Dominate In Coming Years? Key Players: CP Medical, B. Braun, Melsungen AG, Coloplast Corporation, Molnlycke Healthcare, BSN Medical, Demetech Corporation, Ethicon, Apollo Endosurgery, Inc., Boston Scientific Corporation, o
The global "surgical sutures" market is expected to rise at a CAGR of 6.0% between 2017 and 2025 majorly owing to the rising number of surgical procedures. Fortune Business Insights in a report, titled "Surgical Sutures: Global Market Analysis, Insights and Forecast, 2018-2025" provides valuable information on the factors enabling growth in the market. The demand for surgical sutures is increasing as they help to heal the damaged tissue faster. Moreover, surgical sutures play a significant role in the wound healing process. These sutures have the ability to ligate the blood vessels together to aid healing of damaged tissues.As per the report by Fortune Business Insights, the global market for surgical sutures was valued at US$ 3,750.9 Mn in 2017 and is anticipated to reach US$ 5,982.9 Mn by 2025. Different types of surgical sutures are used depending on the location of lesions and thickness of the skin. The report provides market analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product & service launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.
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Key Features of Surgical Sutures Market Report:
o Overview, Industry Life Cycle Analysis, Supply Chain Analysis
o Size, Trends, Growth Drivers, Constraints, SWOT Analysis, Forecast Analysis
o Competitive Landscapes: Market Share, Product Portfolio, New Product Launches, etc.
o Market attractiveness and Associated Growth Opportunities
o Strategic Growth Opportunities for the Existing and New Players
o Key Success Factors
Rising Adoption of Medical Technologies in Asia Pacific Encourages Growth in the Market
Among regions, North America covered a revenue of US$ 1,489.6 Mn in the year 2017 and dominated the global surgical sutures market. Presence of leading manufacturers for sutures in the U.S. is the primary factor driving the market in this region. Also, the U.S. and Canada witnesses rising number of cardiovascular surgeries mainly attributable to the increasing prevalence of cardiovascular diseases in North America.
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This, in turn, is expected to register growth opportunities for the market in North America during the forecast years. Besides North America, Europe is the second-most leading region as per revenue in the global market. The market in Asia Pacific is anticipated to witness high demand for surgical sutures during the forecast duration.
Key Companies and Manufacturers Covered:
o CP Medical
o B. Braun Melsungen AG
o Coloplast Corporation
o Molnlycke Healthcare
o BSN Medical
o Demetech Corporation
o Ethicon
o Apollo Endosurgery, Inc.
o Boston Scientific Corporation.
Launch of Innovative Products by Smith & Nephew Aids Expansion
Medium and small-scale regional players are expected to pave their way in the global surgical sutures market. This is what makes the vendor landscape of the global market fragmented. Some of the major companies operating in the global market are CP Medical, B. Braun Melsungen AG, Coloplast Corporation, Molnlycke Healthcare, BSN Medical, Demetech Corporation, Ethicon, Apollo Endosurgery, Inc., and Boston Scientific Corporation. In 2015, Smith & Nephew managed to position the company at a higher level. This was supported by the launch of innovative surgical suture products such as high-strength polyethylene ULTRABRAID and surgical suture lines SUTUREFIX. Then in 2017, Ethicon, B. Braun Melsungen AG, together with Smith & Nephew covered a major share in the global market.
Detailed Table of Content:
o Introduction
o Research Scope
o Market Segmentation
o Research Methodology
o Definitions and Assumptions
o Executive Summary
o Market Dynamics
o Market Drivers
o Market Restraints
o Market Opportunities
o Key Insights
o An overview of a number of major surgical procedures by key countries
o Recent industry developments such as mergers & acquisitions
o Regulatory scenario for key countries
o Key industry trends
o Reimbursement scenario by key countries
o Global Surgical Sutures Market Analysis, Insights and Forecast, 2014-2025
o Key Findings / Summary
o Market Analysis, Insights and Forecast - By Product Type
? Absorbable
? Non-absorbable
o Market Analysis, Insights and Forecast - By Form
? Natural
? Synthetic
o Market Analysis, Insights and Forecast - By Application
? Gynecology
? Orthopedics
? Cardiology
? Ophthalmic
? General Surgery
o Market Analysis, Insights and Forecast - By Distribution Channel
? Hospital
? Ambulatory Surgery Centers
? Clinics
? Others
o Market Analysis, Insights and Forecast - By Country
? North America
? Europe
? Asia pacific
? Latin America
? Middle East & Africa
o North America Surgical Sutures Market Analysis, Insights and Forecast, 2014-2025
o Key Findings / Summary
o Market Analysis - By Product Type
? Absorbable
? Non-absorbable
o Market Analysis - By Form
? Natural
? Synthetic
o Market Analysis - By Application
? Gynecology
? Orthopedics
? Cardiology
? Ophthalmic
? General Surgery
o Market Analysis - By Distribution Channel
? Hospital
? Ambulatory Surgery Centers
? Clinics
? Others
o Market Analysis - By Country
? U.S.
? Canada
About Us:
Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
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