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Synthetic Absorbable Sutures Market Size, Share, Analysis, Applications, Sale, Growth Insight, Trends, Leaders, Services and Future Forecast

02-10-2022 01:01 PM CET | Health & Medicine

Press release from: SDKI

Synthetic Absorbable Sutures Market Size, Share, Analysis,

SDKI Inc. published a new report on the synthetic absorbent suture market. This study includes the statistical and analytical approaches needed to grow the synthetic absorbent suture market. The key industry insights provided in the report provide readers with better ideas about market overviews regarding existing market scenarios. In addition, the report contains a detailed discussion of current and future market trends related to market growth.

Report sample URL
https://www.sdki.jp/sample-request-111030

The synthetic absorbable suture market is estimated to reach US $ 2.84 billion by 2031, from a market value of US $ 1.78 billion in 2022, and is expected to grow at a CAGR of 6% during the forecast period of 2022-2031.

Surgical sutures / stitches are generally used to heal wounds and prevent infections. Used in post-operative procedures. They are also used to close wounds after surgery or accidental injury. They are used to improve and speed up the healing process. Synthetic resorbable surgical sutures are medical accessories used to organize tissue after surgery. The application of surgical sutures involves the use of needles attached to the thread. Various types of materials are used in surgical sutures, including polypropylene sutures, stainless steel, silk, and polyester sutures.

The growth of the global synthetic absorbent suture market can be attributed to an increasing number of surgical procedures, a rapid increase in population, lifestyle changes, and early adoption of therapeutic procedures. Technological advances are another driving force that adds value to the surgical suture industry and meets customer demand. Advances in research and development activities on the introduction of sutures using small circular fibers are increasing the number of major players on the market. These sutures improve encapsulation by human tissue to improve patient care. This also contributed to the growth of the synthetic absorbent suture market during the forecast period. However, the availability of other advanced wound closure materials, as well as the surge in demand for minimally invasive surgery, could curb the growth of the synthetic resorbable suture market during the 2022-2031 forecast period.

Global market growth can be attributed to various significant advances in the healthcare industry to promote health through the development of three basic parameters: detection, prevention, and treatment. These parameters are needed to measure health, quality of life, and the overall health system. In addition, rising medical costs are driving market growth. According to the Organization for Economic Co-operation and Development (OECD) statistics, Japan's total per capita health care costs (government, compulsory health insurance, voluntary health insurance) increased from US $ 4297.13 in 2016 to US $ 4823 in 2019. Similarly, in the United States, it increased from $ 9880.16 to $ 11072 in 2019. Germany has witnessed an increase from $ 5668 to $ 6646, and the United Kingdom has observed growth from $ 3990 to $ 4653.05 during the above period. Globally, healthcare costs are projected to grow at a CAGR of approximately 5% between 2020 and 2024.

Report sample URL
https://www.sdki.jp/sample-request-111030

Advances in the healthcare sector are estimated to provide lucrative business opportunities for key players to take advantage of these opportunities in the coming years. In addition, there are several initiatives taken by healthcare professionals and government agencies to overcome some challenges (unreachable and affordable medical services, lack of medical investment, trained doctors and nurses, etc.). It is expected to boost market growth during the forecast period.

Synthetic absorbent suture market segment

The synthetic absorbable suture market is by product type (polyglactin suture, polyglycolic acid suture, polygrecapron suture, polygrecapron 25, and polydioxanone suture) and by material type (monofilament suture and braided suture). ), By application (valve suture, cardiovascular suture, gynecological suture, orthopedic suture, dental suture, cosmetic surgery suture, ophthalmic suture, and general suture), by end user (hospital, outpatient surgery center, specialized clinic, etc.) , And by region. These segments are further subsegmented based on various factors and consist of some additional information about the market, such as the combined annual growth rate of each segment and subsegment, the market value and volume of the valuation period.

Regional Overview of the Synthetic Absorbent Suture Market

The Synthetic Absorbent Suture Market in the Asia-Pacific region is projected to grow at the fastest pace during the forecast period. This is due to the region's growing healthcare industry, rising prevalence of chronic diseases, and favorable reimbursement scenarios. Leading surgical suture manufacturers are also focused on gaining competitiveness in these high-growth markets. This also contributes to the growth of the synthetic absorbent suture market in the region.

These regional segments are North America (US and Canada); Asia Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Singapore, Other Asia Pacific); Latin America (Brazil, Mexico, Argentina, etc.) Latin America); Middle East and Africa (Israel, GCC [Saudi Arabia, Arab Emirates, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, and other Middle East and Africa) and Europe (UK, Germany, France, Italy) , Spain, Hungary, Belgium, Netherlands, Luxemburg, NORDIC, Poland, Turkey, Russia and other Europe) and more.

Key Players

Synthetic Absorbent Suture Market Key players in the Synthetic Absorbent Suture Market include B. Braun Melsungen AG, Medtronic plc, Teleflex Incorporated, Johnson & Johnson, Smith & Nephew plc, Acelity LP Inc. , Boston Scientific Corporation, Zimmer Biomet Holdings, Inc., ConMed Corporation, Integra Life Sciences Corporation and more. This study includes a detailed competitive analysis of these major companies in the synthetic absorbent suture market, corporate profiles, recent developments, and key market strategies.

Details of the research report
https://www.sdki.jp/press-details/synthetic-absorbent-suture-market/722

Contact Us

Hina Miyazu
15/F Cerulean Tower, 26-1 Sakuragaoka-cho
Tokyo, Shibuya-ku, Japan
+ 81345720790
sales@sdki.jp

SDKI Inc. Company Profile

SDKI Inc.'s goal is market scenarios in various countries such as Japan, China, the United States, Canada, the United Kingdom, and Germany. Is to clarify. We also focus on providing reliable research insights to clients around the world, including growth indicators, challenges, trends and competitive environments, through a diverse network of research analysts and consultants. With SDKI gaining trust and a customer base in more than 30 countries, SDKI is even more focused on expanding its foothold in other pristine economies.

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