Press release
Analysis of COVID-19 Crisis-driven Growth Opportunities in Surgical Sutures Market
The consolidated competitors landscape of global surgical sutures market is set witness a decent CAGR (Compound Annual Growth Rate) over the forecast period of 2017-2025, creating opportunities for market players worth USD 5 billion. Players would hurry to make the most of these untapped opportunities set to merge over the market landscape. Some of the most notable players include Cardinal Health, Medela AG, Integra LifeSciences Corporation, Acelity L.P. Inc., and Smith and Nephew plc, among others. Here, it is worth noting that in the year 2015 about 65% of the total market share was held by top 5 companies.Request a PDF Brochure - https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=19172
A Transparency Market Research (TMR) market study report on global surgical sutures market explains that factors such as increase in incidence of trauma, hernia and conditions related to breast, skin and soft tissue is fueling the market on the trajectory of growth. Besides, a growing prevalence of disorders relating to musculoskeletal system is adding to this growth trajectory.
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It is worth noting that a swift rise in the aged demographics is also driving the global surgical sutures market over the forecast period as this demographic is particularly susceptible to slow healing wounds, surgeries and chronic diseases that sometime need certain procedures to be done surgically. Some statistics might add to the overall picture in this regard. One, worldwide, the global population will see a large number of 2 billion people aged 60 and above by the year 2050. Additionally, one in every four people in North America, and in Europe will be aged 65 and above. This ratio would be one in every sic on the global level.
It is worth mentioning here that history was created in the year 2018, when demographics shifted dramatically – number of aged surpassing the number of children. The age bracket for former was 65 and above and for latter it is five and below.
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