Surgical Suture Market 2021 Global Scope By Product, Application, End User, CAGR, Size, Share, Growth Analysis and Top Companies

The Surgical Suture Market research report is prepared by an in-depth analysis of the present market status and historical data of the Medical Devices industry. The report offers valuable insights by studying the significant market segments such as top market players, various global regions, products or services on demand, and their application category. The major objective of this report is to determine the capacity, market share, opportunities, challenges, growth factors, production volume and value, sales data, channels distributors, etc., by qualitative and quantitative analysis of the key segments of the Surgical Suture Market.

Surgical Suture Market by Product (Automated Suturing Device (Disposable, Reuse), Suture Thread (Natural, Prolene, Stainless Steel, Antimicrobial)), Application (Cardiac, Gynae, Cosmetic, Ortho), End-User (Hospital, ASC, Clinic) – Global Forecast to 2026 The global surgical sutures market is projected to reach USD 4.9 billion by 2026 from USD 3.7 billion in 2021, at a CAGR of 6.0% from 2021 to 2026.

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Research Coverage:

The report analyzes the surgical sutures market and aims at estimating the market size and future growth potential of various market segments, basis of product, type, application, end-user, and region

The report also provides a competitive analysis of the key players operating in this market, along with their company profiles, product offerings, recent developments, and key market strategies.

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This report will enrich established firms as well as new entrants/smaller firms to gauge the pulse of the market, which, in turn, would help them garner a greater share of the market. Firms purchasing the report could use one or a combination of the below-mentioned strategies to strengthen their positions in the market.

This report provides insights on:

Market Penetration: Comprehensive information on the product portfolios of the top players in the surgical sutures market. The report analyzes this market by product, type, application, end-user, and region.
Market Development: Comprehensive information on the lucrative emerging markets, by product, type, application, end-user, and region.
Market Diversification: Exhaustive information about the product portfolios, growing geographies, recent developments, and investments in the surgical sutures market
Competitive Assessment: In-depth assessment of market shares, growth strategies, product offerings, and capabilities of the leading players in the surgical sutures market.

The market for surgical sutures is witnessing steady growth primarily due to the increasing number of surgical procedures performed globally. The favorable reimbursement scenario for a number of surgical procedures and the launch of advanced sutures are further contributing to the growth of this market. However, the presence of alternative wound care management products and the growing preference for minimally invasive surgeries are some of the factors expected to limit the growth of this market to a certain extent.

“The Suture Threads segment accounted for the largest market share in 2020.”

Based on product, the surgical sutures market has been segmented into suture threads and automated suturing devices. In 2020, the suture threads segment accounted for the largest market share of 82.6%. The large share of this segment can be attributed to the greater preference for suture threads for wound closure and their lower cost as compared to automated suturing devices.

“The Multifilament sutures segment accounted for the largest market share in 2020.”

Based on type, the surgical suture threads market is segmented into monofilament and multifilament sutures. In 2020, the multifilament sutures segment accounted for the largest share of 67.5% of the surgical suture threads market. The large share of this segment is attributed to the increasing number of complex surgeries, rising geriatric population, and favorable reimbursement policies for hospital treatments.

“The cardiovascular surgery segment accounted for the largest market share in 2020.”

Based on application, the surgical sutures market is segmented into cardiovascular surgery, gynecological surgery, orthopedic surgery, ophthalmic surgery, general surgery, cosmetic and plastic surgery, and other applications. The cardiovascular surgery segment accounted for the largest share of 30.4% of the surgical sutures market in 2020. The large share of this segment can be attributed to a large number of cardiovascular surgeries performed across the globe as a result of the high incidence of cardiovascular disease (CVD).

“The hospitals segment accounted for the largest market share in 2020.”

Based on end users, the surgical sutures market is segmented into hospitals, ambulatory surgical centers, and clinics and physicians’ offices. Among these, the hospitals segment accounted for the largest market share of 74.7% in 2020. The large share of this segment is attributed to the increasing number of complex surgeries performed in hospitals, rising geriatric population, favorable reimbursement policies for hospital treatments, and the growing number of new hospitals, especially in emerging countries

“North America was the largest regional market for surgical sutures market in 2020“

The surgical sutures market is segmented into five major regions—north America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. In 2020, North America accounted for the largest share of 47.4% of the global surgical sutures market. The large share of this region is attributed to the growing geriatric population, rising prevalence of lifestyle diseases, favorable healthcare reforms, and the growing number of surgical procedures performed.

The Asia Pacific region is projected to grow at the highest CAGR of 8.8% during the forecast period, owing to the region’s growing medical tourism industry, rising prevalence of chronic diseases, and favorable reimbursement scenario. Moreover, key surgical suture manufacturers are also focusing on gaining a competitive edge in these high-growth markets, which is aiding the market growth in the Asia Pacific.

The break-down of primary participants is as mentioned below:

By Company Type – Tier 1: 40%, Tier 2: 35%, and Tier 3: 25%
By Designation – C-level: 25%, Director-level: 55%, and Others: 20%
By Region – North America: 40%, Europe: 25%, Asia Pacific: 20%, Latin America: 10%, and the Middle East & Africa: 5%

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Surgical Suture Market research analysis and data lend a hand to businesses for the planning of production, product launches, costing, inventory, purchasing, and marketing strategies. The company profiles of all the chief and dominating market players and brands who are taking steps such as product launches, joint ventures, mergers, and acquisitions are mentioned in the report. The Surgical Suture Market report includes the systematic investigation of the current scenario of the market, which covers several market dynamics. The Surgical Suture Market business report provides the supreme base for the competitor analysis, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.

Table Of Contents

1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Inclusions & Exclusions Of The Study
1.3.2 Markets Covered
Figure 1 Surgical Sutures Market Segmentation
1.3.3 Years Considered For The Study
1.4 Limitations
1.5 Currency
1.6 Stakeholders
1.7 Summary Of Changes

2 Research Methodology
2.1 Research Data
Figure 2 Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
Figure 3 Primary Sources
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
Figure 4 Breakdown Of Primary Interviews: By Company Type, Designation, And Region
2.2 Market Size Estimation
Figure 5 Supply-Side Market Size Estimation: Revenue Share Analysis
Figure 6 Revenue Share Analysis Illustration
Figure 7 Cagr Projections: Supply-Side Analysis
Figure 8 Cagr Projections From The Analysis Of Drivers, Restraints, And Opportunities Of The Surgical Sutures Market (2021–2026)
Figure 9 Top-Down Approach
2.3 Market Breakdown & Data Triangulation
Figure 10 Market Data Triangulation Methodology
2.4 Market Share Analysis
2.5 Assumptions For The Study
2.6 Risk Assessment/Limitations
2.7 Covid-19 Health Assessment
2.8 Covid-19 Economic Assessment
2.9 Assessment Of The Impact Of Covid-19 On The Economic Scenario
Figure 11 Criteria Impacting The Global Economy
Figure 12 Recovery Scenario Of The Global Economy

3 Executive Summary
Figure 13 Surgical Sutures Market, By Product, 2021 Vs. 2026 (Usd Million)
Figure 14 Surgical Suture Threads Market, By Type, 2021 Vs. 2026 (Usd Million)
Figure 15 Surgical Sutures Market, By Application, 2021 Vs. 2026 (Usd Million)
Figure 16 Surgical Sutures Market, By End User, 2021 Vs. 2026 (Usd Million)
Figure 17 Geographical Snapshot Of The Surgical Sutures Market

4 Premium Insights
4.1 Surgical Sutures Market Overview
Figure 18 Increasing Number Of Surgical Procedures To Drive Market Growth
4.2 Asia Pacific: Surgical Sutures Market, By End User And Country (2020)
Figure 19 Hospitals Accounted For The Largest Share Of The Apac Surgical Sutures Market In 2020
4.3 Surgical Sutures Market: Geographic Growth Opportunities
Figure 20 China To Register The Highest Growth During The Forecast Period
4.4 Regional Mix: Surgical Sutures Market (2021−2026)
Figure 21 North America Will Continue To Dominate The Surgical Sutures Market In 2026
4.5 Surgical Sutures Market: Developed Vs. Developing Markets
Figure 22 Developing Markets To Register Higher Growth Rates During The Forecast Period

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 23 Surgical Sutures Market: Drivers, Restraints, And Opportunities
5.3 Market Dynamics: Impact Analysis
5.3.1 Market Drivers
5.3.1.1 Increasing Number Of Surgical Procedures
5.3.1.2 Technological Advancements In Suture Design And Features
5.3.1.3 Favorable Reimbursement Scenario
5.3.2 Market Restraints
5.3.2.1 Increasing Preference For Minimally Invasive Surgeries
5.3.2.2 Presence Of Alternative Wound Care Management Products
5.3.3 Market Opportunities
5.3.3.1 Low- And Middle-Income Countries
5.4 Covid-19 Impact Analysis On The Surgical Sutures Market
5.5 Surgical Sutures: Pricing Analysis
Table 1 Average Selling Price Of Non-Absorbable Surgical Suture Materials, By Region, 2020
Table 2 Average Selling Price Of Absorbable Surgical Suture Materials, By Region, 2020
5.6 Regulatory Analysis
5.6.1 North America
5.6.1.1 Us
Table 3 Us Fda: Medical Device Classification
Table 4 Us: Medical Device Regulatory Approval Process
5.6.1.2 Canada
Table 5 Canada: Medical Device Regulatory Approval Process
Figure 24 Canada: Class Iii Medical Devices Approval Process
5.6.2 Europe
Figure 25 Europe: Ce Approval Process For Class Iii Medical Devices
5.6.3 Asia Pacific
5.6.3.1 Japan
Table 6 Japan: Medical Device Classification Under Pmda
5.6.3.2 China
Table 7 China: Regulatory Bodies Appointed For Medical Device Approval
Table 8 China: Classification Of Medical Devices
5.6.3.3 India
5.7 Porter’s Five Forces Analysis
Table 9 Surgical Sutures Market: Porter’s Five Forces Analysis
5.8 Value Chain Analysis
Figure 26 Value Chain: Surgical Sutures Market
5.9 Ecosystem Map
Figure 27 Surgical Sutures Market: Ecosystem Map (2020)
5.10 Patent Analysis
5.10.1 Patent Publication Trends For The Surgical Sutures Market
Figure 28 Patent Publication Trends For Surgical Sutures, 2015–2020
5.10.2 Top Applicants (Companies) For Surgical Suture Patents
Figure 29 Top Applicant Companies For Surgical Suture Patents, 2015–2020
5.10.3 Jurisdiction Analysis: Top Applicants (Countries) For Surgical Suture Patents
Figure 30 Jurisdiction Analysis: Top Applicant Countries/Regions For Surgical Suture Patents, 2015–2020
5.11 Trade Analysis
Table 10 Imports/Exports Related To Surgical Suture Products

6 Surgical Sutures Market, By Product
6.1 Introduction
Table 11 Surgical Sutures Market, By Product, 2019–2026 (Usd Million)
6.2 Suture Threads
Table 12 Suture Threads Market, By Country, 2019–2026 (Usd Million)
6.2.1 Nature Of Absorbent
Table 13 Suture Threads Market, By Nature Of Absorbent, 2019–2026 (Usd Million)
6.2.1.1 Absorbable Sutures
Table 14 Uses Of Absorbable Sutures
Table 15 Absorbable Sutures Offered By Key Market Players
Table 16 Absorbable Sutures Market, By Type, 2019–2026 (Usd Million)
Table 17 Absorbable Sutures Market, By Country, 2019–2026 (Usd Million)
6.2.1.1.1 Synthetic Sutures
Table 18 Synthetic Sutures Offered By Key Market Players
Table 19 Synthetic Sutures Market, By Type, 2019–2026 (Usd Million)
Table 20 Synthetic Sutures Market, By Country, 2019–2026 (Usd Million)
6.2.1.1.1.1 Polyglactin 910 Sutures
6.2.1.1.1.1.1 Polyglactin 910 Sutures Are Usually Absorbed Within 100–120 Days Of Implantation And Possess Maximum Strength In The First 14–21 Days
Table 21 Polyglactin 910 Sutures Offered By Key Market Players
Table 22 Polyglactin 910 Sutures Market, By Country, 2019–2026 (Usd Million)
6.2.1.1.1.2 Poliglecaprone 25 Sutures
6.2.1.1.1.2.1 Poliglecaprone 25 Sutures Find Applications Mainly In Tissues That Can Be Healed Rapidly
Table 23 Poliglecaprone 25 Sutures Offered By Key Market Players
Table 24 Poliglecaprone 25 Sutures Market, By Country, 2019–2026 (Usd Million)
6.2.1.1.1.3 Polydioxanone Sutures
6.2.1.1.1.3.1 Polydioxanone Sutures Provide Long-Duration Wound Support, Superior Strength, High Flexibility, And Good Knot Security As Compared To Other Suture Types
Table 25 Polydioxanone Sutures Offered By Key Market Players
Table 26 Polydioxanone Sutures Market, By Country, 2019–2026 (Usd Million)
6.2.1.1.1.4 Polyglycolic Acid Sutures
6.2.1.1.1.4.1 Polyglycolic Acid Sutures Offer Superior Elasticity And Strength As Compared To Other Braided Structures And Cause Minimal Tissue Irritation
Table 27 Polyglycolic Acid Sutures Offered By Key Market Players
Table 28 Polyglycolic Acid Sutures Market, By Country, 2019–2026 (Usd Million)
6.2.1.1.1.5 Other Synthetic Sutures
Table 29 Other Synthetic Sutures Market, By Country, 2019–2026 (Usd Million)
6.2.1.1.2 Natural Sutures
6.2.1.1.2.1 Natural Sutures Offer Better Strength As Compared To Synthetic Sutures
Table 30 Natural Sutures Offered By Key Market Players
Table 31 Natural Sutures Market, By Country, 2019–2026 (Usd Million)
6.2.1.2 Non-Absorbable Sutures
Table 32 Uses Of Non-Absorbable Sutures
Table 33 Non-Absorbable Sutures Offered By Key Market Players
Table 34 Non-Absorbable Sutures Market, By Type, 2019–2026 (Usd Million)
Table 35 Non-Absorbable Sutures Market, By Country, 2019–2026 (Usd Million)
6.2.1.2.1 Nylon Sutures
6.2.1.2.1.1 Nylon Sutures Are Used In General Soft-Tissue Approximation
Table 36 Nylon Sutures Offered By Key Market Players
Table 37 Nylon Sutures Market, By Country, 2019–2026 (Usd Million)
6.2.1.2.2 Prolene Sutures
6.2.1.2.2.1 Prolene Sutures Have High Tensile Strength And Flexibility
Table 38 Prolene Sutures Offered By Key Market Players
Table 39 Prolene Sutures Market, By Country, 2019–2026 (Usd Million)
6.2.1.2.3 Stainless Steel Sutures
6.2.1.2.3.1 Stainless Steel Sutures Are Typically Used In Hernia Repair And Tendon Repair
Table 40 Stainless Steel Sutures Offered By Key Market Players
Table 41 Stainless Steel Sutures Market, By Country, 2019–2026 (Usd Million)
6.2.1.2.4 Other Non-Absorbable Sutures
Table 42 Other Non-Absorbable Sutures Offered By Key Market Players
Table 43 Other Non-Absorbable Sutures Market, By Country, 2019–2026 (Usd Million)
6.2.2 Type Of Coating
Table 44 Suture Threads Market, By Type Of Coating, 2019–2026 (Usd Million)
6.2.2.1 Uncoated Sutures
6.2.2.1.1 Uncoated Sutures Increase The Risk Of Infection
Table 45 Uncoated Sutures Market, By Country, 2019–2026 (Usd Million)
6.2.2.2 Antimicrobial Coated Sutures
6.2.2.2.1 High Burden Of Ssis To Support Market Growth
Table 46 Antimicrobial Coated Sutures Offered By Key Market Players
Table 47 Antimicrobial Coated Sutures Market, By Country, 2019–2026 (Usd Million)
6.2.2.3 Other Coated Sutures
Table 48 Other Coated Sutures Market, By Country, 2019–2026 (Usd Million)
6.3 Automated Suturing Devices
Table 49 Automated Surgical Suturing Devices Offered By Key Market Players
Table 50 Automated Suturing Devices Market, By Type, 2019–2026 (Usd Million)
6.3.1 Disposable Automated Suturing Devices
6.3.1.1 Disposable Automated Suturing Devices Are Cost-Effective As Compared To Reusable Automated Suturing Devices
Table 51 Disposable Automated Suturing Devices Offered By Key Market Players
Table 52 Disposable Automated Suturing Devices Market, By Country, 2019–2026 (Usd Million)
6.3.1.2 Reusable Automated Suturing Devices
6.3.1.2.1 Reusable Automated Suturing Devices Can Be Used Multiple Times Due To Cartridges That Can Be Reloaded
Table 53 Reusable Automated Suturing Devices Offered By Key Market Players
Table 54 Reusable Automated Suturing Devices Market, By Country, 2019–2026 (Usd Million)

7 Surgical Suture Threads Market, By Type
7.1 Introduction
Table 55 Surgical Suture Threads Market, By Type, 2019–2026 (Usd Million)
7.2 Multifilament Sutures
7.2.1 Multifilament Sutures Accounted For The Largest Share Of The Surgical Suture Threads Market
Table 56 Multifilament Surgical Sutures Market, By Country, 2019–2026 (Usd Million)
7.3 Monofilament Sutures
7.3.1 Monofilament Sutures Do Not Allow Any Bacteria To Survive
Table 57 Monofilament Surgical Sutures Market, By Country, 2019–2026 (Usd Million)

8 Surgical Sutures Market, By Application
8.1 Introduction
Table 58 Surgical Sutures Market, By Application, 2019–2026 (Usd Million)
8.2 Cardiovascular Surgery
8.2.1 Polypropylene Sutures Are Witnessing Increasing Adoption In Cardiovascular Procedures
Table 59 Surgical Sutures Market For Cardiovascular Surgery, By Country, 2019–2026 (Usd Million)
8.3 General Surgery
8.3.1 Need To Prevent Blood Loss In Gastrointestinal Surgeries Is Driving Market Growth
Table 60 Surgical Sutures Market For General Surgery, By Country, 2019–2026 (Usd Million)
8.4 Gynecological Surgery
8.4.1 Large Number Of Gynecological Procedures Performed Across The Globe To Drive Market Growth
Table 61 Number Of C-Section Surgeries, 2016 Vs. 2018
Table 62 Surgical Sutures Market For Gynecological Surgery, By Country, 2019–2026 (Usd Million)
8.5 Orthopedic Surgery
8.5.1 Increasing Prevalence Of Sports-Related Injuries To Support Market Growth
Table 63 Surgical Sutures Market For Orthopedic Surgery, By Country, 2019–2026 (Usd Million)
8.6 Ophthalmic Surgery
8.6.1 High Number Of Ophthalmic Procedures Performed Across The Globe Is Driving Market Growth
Table 64 Total Number Of Cataract Surgical Procedures Performed, By Country, 2017 Vs. 2018
Table 65 Number Of Glaucoma Patients, By Region And Type, 2013 Vs. 2020 Vs. 2040 (Million)
Table 66 Surgical Sutures Market For Ophthalmic Surgery, By Country, 2019–2026 (Usd Million)
8.7 Cosmetic & Plastic Surgery
8.7.1 Growing Number Of Cosmetic And Plastic Surgeries To Drive The Adoption Of Sutures
Table 67 Surgical Sutures Market For Cosmetic & Plastic Surgery, By Country, 2019–2026 (Usd Million)
8.8 Other Applications
Table 68 Us: Bariatric Surgeries, 2011−2018
Table 69 Surgical Sutures Market For Other Applications, By Country, 2019–2026 (Usd Million)

9 Surgical Sutures Market, By End User

10 Surgical Sutures Market, By Region

11 Competitive Landscape

12 Company Profiles

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