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Exploring the Future of Surgical Sutures Market Size (USD 6.11 billion by 2027): Opportunities and Challenges in the Global Industry

04-04-2023 05:29 AM CET | Health & Medicine

Press release from: Allied Market Research (AMR)

Surgical Sutures Market 2023

Surgical Sutures Market 2023

Allied Market Research has published a study report with the title Surgical Sutures Market Size was Valued at USD 4.35 billion in 2019, and is Projected to Garner USD 6.11 billion by 2027, registering a CAGR of 5.6% from 2020 to 2027. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends.

Surgical sutures are medical devices used to hold together the edges of a wound or incision to promote healing. Sutures are typically made of sterile material, such as silk, nylon, or polypropylene, and are threaded through the tissue on either side of the wound or incision to bring the edges together. Sutures can be either absorbable or non-absorbable. Absorbable sutures are designed to break down and be absorbed by the body over time, while non-absorbable sutures are designed to remain in place indefinitely.

Increase in incidence of chronic diseases, surge in number of surgical procedures worldwide, and demand for minimally invasive surgeries drive the growth of the global surgical sutures market. However, availability of alternative wound care management products hinder the market growth. Contrarily, advancement in technologies and untapped potential from emerging countries are expected to create new opportunities in the next few years.

๐†๐ž๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐†๐ซ๐š๐ฉ๐ก๐ฌ ๐š๐ง๐ ๐…๐ข๐ ๐ฎ๐ซ๐ž๐ฌ ๐‡๐ž๐ซ๐ž:
https://www.alliedmarketresearch.com/request-sample/1642

Covid-19 Scenario

โ€ข Many hospitals have postponed the selected surgeries due to eliminating possibility of cross-contaminations and allocation of resources to Covid-19 wards. Only those surgeries that were extremely necessary were conducted.
โ€ข Surgical procedures have been reduced significantly as many patients delayed their surgeries after consultation with their doctors. This reduced the demand for surgical sutures.
โ€ข The demand would rise steadily as the pace of surgeries conducted in hospitals increases and the number of coronavirus-infected patients decreases.

โœ… ๐“๐จ๐ฉ ๐’๐ฎ๐ซ๐ ๐ข๐œ๐š๐ฅ ๐’๐ฎ๐ญ๐ฎ๐ซ๐ž๐ฌ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ

โ€ข Johnson & Johnsons
โ€ข B. Braun Melsungen AG
โ€ข Smith & Nephew
โ€ข Demetech Corporation
โ€ข Conmed Corporation
โ€ข W.L. Gore & Associates
โ€ข Boston Scientific
โ€ข Medtronic Inc.
โ€ข Healthium MedTech
โ€ข Peters Surgical
โ€ข Surgical Specialties Corporation

โœ… ๐’๐ฎ๐ซ๐ ๐ข๐œ๐š๐ฅ ๐’๐ฎ๐ญ๐ฎ๐ซ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐œ๐š๐ง ๐›๐ž ๐๐จ๐ง๐ž ๐›๐š๐ฌ๐ž๐ ๐จ๐ง ๐ฌ๐ž๐ฏ๐ž๐ซ๐š๐ฅ ๐Ÿ๐š๐œ๐ญ๐จ๐ซ๐ฌ, ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ข๐ง๐ :

By Product Type

โ€ข Automated Suturing Devices
โ€ข Sutures

By Material

โ€ข Monofilament
โ€ข Multifilament

By Application

โ€ข Cardiovascular Surgeries
โ€ข General Surgeries
โ€ข Gynecological Surgeries
โ€ข Orthopedic Surgeries
โ€ข Ophthalmic Surgeries
โ€ข Other Surgeries

Based on region, North America accounted for the highest market share in 2019, contributing to nearly half of the global surgical sutures market, and will maintain its leadership status by 2027. This is attributed to increase in adoption of advanced absorbable & antibacterial coated sutures, rise in surgical procedures, and the development of the wound management sector in the region.

However, Asia-Pacific is expected to manifest the highest CAGR of 7.5% during the forecast period, owing to increase in number of surgical procedures with rise in incidence of chronic diseases and demand for better healthcare services from huge patient base.

๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.alliedmarketresearch.com/purchase-enquiry/1642

Our Market Research Solution Provides You Answer to Below Mentioned Question:

โ€ข Which are the driving factors responsible for the growth of market?
โ€ข Which are the roadblock factors of this market?
โ€ข What are the new opportunities, by which market will grow in coming years?
โ€ข What are the trends of this market?
โ€ข Which are main factors responsible for new product launch?
โ€ข How big is the global & regional market in terms of revenue, sales and production?
โ€ข How far will the market grow in forecast period in terms of revenue, sales and production?
โ€ข Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
โ€ข How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
โ€ข Which region has more opportunities?

By Region Outlook

โ€ข North America
(U.S., Canada, Mexico)
โ€ข Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)
โ€ข Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)
โ€ข LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)

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David Correa
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022
help@alliedmarketresearch.com

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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