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Increasing Prevalence of Dental Disorders Accounts for Huge Market Revenue Share in the Dental Suture Market
The research report " Global Dental Suture Market: By Type (Absorbable and Non-absorbable), By Application (Hospitals, Dental Clinic and Other)and Geography – Global/Region/Country Forecast to 2027", The Global Dental Suture market size was valued US 264.3 Mn in the year 2020 and is anticipated to record a CAGR of 4.2% over the forecast years 2021-2027.Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and other qualitative sections with an in-depth TOC on " Global Dental Suture Market: By Type (Absorbable and Non-absorbable), By Application (Hospitals, Dental Clinic and Other)and Geography – Global/Region/Country Forecast to 2027",
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Overview on Global Dental Suture Market Dynamics:
The global dental suture market was worth US 264.3 million in 2020, and it is expected to grow at a CAGR of 4.2% between 2021 and 2027. Dentists need to make use of suitable sutures to close wound properly, to secure the surgical flaps and provide quick healing. There are different kinds of sutures available which have prominent features like tissue biocompatibility, tensile strength and provide minimal know slip page. A few of the major factors driving the market growth are increase in the number of wound closure cases, increasing demand for cosmetic dentistry, growing disposable profits in emerging countries, growing aged population, increasing number of dental procedures, growing prevalence of dental disorders and increasing periodontal illnesses. On the other hand, mouth infections, cost of dental procedures and huge availability of alternate products can restrict the market growth. Absorbable sutures are amid the chiefly preferred varieties because of the ease they provide to the patients. A few examples of absorbable sutures are chromic gut, polyglycolic sutures and gut sutures. These days, dentists are opting for numerous dental sutures to provide best patient care. In addition, intensification of wound care management worldwide is another chief factor leads to the market growth.
Global dental suture market is surging due to their production expansion facilities for dental suture for fulfilling the customer demands in the market. For example, Ethicon US, LLC introduced knotless suture portfolio along with the introducing stratafix spiral plusdevices. This industry also made the most inclusive and unmatched knotless sutures in the U.S for surgeons in August 2016. Golnit Ltd. introduced GOLNIT, a non-absorbable PITE surgical suture in September 2019.
In the global dental suture market, absorbable accounts for a larger revenue share:
With a CAGR of 5.2%, absorbable accounted for a bigger revenue share in the worldwide dental suture market, which is likely to expand during the forecast years. Absorbable sutures are one of the most popular types because of the convenience they provide to patients, but they may not be a good choice for patients with a low intraoral pH. Polyglycolic sutures are an example of absorbable sutures.
Impact of COVID-19 on Dental Suture Market:
In addition, the report discusses the implications of COVID-19, including the industry's initial response and strategies for ensuring business continuity in the coming years.
North America is recorded to hold the huge market share for dental suture:
North America region witnessed huge market revenue share in Global Dental Suture Market. It is also anticipated to grow during forecast period and will provide a number of growth opportunities to the key players. There are several factors, which will considerably impel the market growth in this region are the increasing occurrence of dental illnesses, new product launches, positive insurance coverage provided for dental treatments and growing dental care expenditure. U.S is the crucial and huge market for dental sutures in North America. The North American market is greatly followed by Europe is also projected to be the second-biggest market owing to huge requirement for policies in the region.
Competitive Analysis:
There are several prominent key players operating in the market are Mani, HYGITECH, DemeTech, Braun, Hu-Friedy, Surgical Specialties, SMI, Osteogenics Biomedical, Advanced Medical Solutions, Luxsutures, Titan Instruments and Implacore.
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