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Dissolvable Stitches Market 2023-2032: Exploring New Trends and Forecasting Future Growth

11-13-2023 09:17 AM CET | Health & Medicine

Press release from: Polaris Market Research & Consulting

Dissolvable Stitches Market 2023-2032: Exploring New Trends

According to the research report, the global dissolvable stiches market was valued at USD 4.14 billion in 2022 and is expected to reach USD 7.23 billion by 2032, to grow at a CAGR of 5.9% during the forecast period.

Polaris Market Research has recently published its latest analysis on Dissolvable Stitches Market: By Size, Trends, Share, Growth, Segments, Industry Analysis and Forecast, 2032. The study has been meticulously prepared to provide readers with comprehensive market intelligence and practical insights into the market's key elements. It offers a thorough analysis of the major factors impacting the industry's projected growth. To precisely ascertain the Dissolvable Stitches Market size and scope, a thorough analysis of the geographic regions and segments is included.

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Significant rise in the number of surgical procedures being performed globally, growing focus on minimally invasive procedures, and several technological advancements in material science, bioengineering, and manufacturing technologies, leading to the development of dissolvable Stitches with improved characteristics, are major prominent factors boosting the global market growth. For instance, in March 2023, Sinclair, announced the launch of its latest collagen-stimulating injectable Lanluma, mainly to battle cellulite and provide buttock reshaping. It is a type of innovative filler designed to enhance, reshape, and volumize the curves and contours of the human body.

Moreover, as increasing number of patients across the globe becoming more aware of the advantages of dissolvable stitches, and their rising preference for this type of wound closure in the recent years have gained popularity and traction. Patients value the convenience, reduced discomfort, and improved cosmetic outcomes associated with dissolvable stitches, thereby adopting these suture's rapidly.

The significant advances in 3D printing and digital manufacturing that have facilitated the production of customized and patient-specific dissolvable sutures and are specifically designed to match the unique anatomical needs of individual patients, improving the precision and effectiveness of wound closure. Thus, customized sutures offer benefits such as reduced tissue trauma, enhanced wound healing, and improved patient satisfaction, which is pushing the product demand and adoption forward at exponential rate.

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Additionally, there is a rising emphasis on sustainability and environmental impact in the medical device industry, thereby key manufacturers across the globe are increasingly using biocompatible and biodegradable materials to minimize the ecological footprint of their products coupled with the growing integration of dissolvable stitches with data and connectivity technologies, which are among the major emerging trends in the global market.

Dissolvable Stitches Market Report Highlights

Synthetic segment accounted for largest market share in 2022, on account of its numerous beneficial characteristics and capabilities to mitigate the need for suture removal procedures

Cardiovascular surgeries segment held the majority market revenue share in 2022, mainly due to rapidly increased number of cardiovascular diseases cases and advancement in its diagnostic techniques

Ambulatory surgical centers segment is anticipated to be the fastest growing segment over the study period, due to its advantages including shorter recovery times and cost-effectiveness

North America region dominated the market with considerable share in 2022, owing to presence of highly developed healthcare infrastructure and rising investments in R&D activities to develop new innovative surgical solutions

Some of the major players operating in the global market include:

Apollo Endosurgery
B. Braun
Boston Scientific Corporation
Coloplast
Conmed Corporation
DemeTECH Corporation
Dolphin Sutures
Ethicon
Johnson & Johnson
Integra Lifesciences
Lotus Surgicals.
Medtronic
Smith & Nephew
Sutures India
Surgical Specialties
TEPHA
Teleflex

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Polaris Market Research has segmented the dissolvable Stitches market report based on type, application, and end user:

Dissolvable Stitches, Type Outlook (Revenue - USD Billion, 2023 - 2032)

Natural
Synthetic

Dissolvable Stitches, Application Outlook (Revenue - USD Billion, 2023 - 2032)

Cardiovascular Surgeries
Orthopedic Surgeries
General Surgeries
Ophthalmic Surgeries

Dissolvable Stitches, End User Outlook (Revenue - USD Billion, 2023 - 2032)

Hospitals
Clinics
Ambulatory Surgical Centers

Contact Us:

Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

About Us:

Polaris Market Research is a worldwide market research and consulting organization. We give an unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semiconductors, chemicals, automotive, and aerospace & defense, among different ventures present globally.

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