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Surgical Sutures And Staples Market Growth Rate, Trends, Size, Key Drivers And Forecast To 2033s
Surgical Sutures And Staples Market Analysis
The Business Research Company's Surgical Sutures And Staples Global Market Report 2024 identifies increase in the number of surgical procedures across the globe as the major driver for the surgical sutures and staples market's growth in the forecast period. This is mainly because surgeries are an important treatment procedure used to repair an injury, relieve symptoms, restore function, remove diseased organs, or replace anatomical parts of the body. Moreover, surgeries are also performed under emergency conditions such as trauma, fracture, and acute infection.
The surgical sutures and staples market size has grown strongly in recent years. It will grow from $13.48 billion in 2023 to $14.7 billion in 2024 at a compound annual growth rate (CAGR) of 9.0%. The growth in the historic period can be attributed to aging population, surgical procedure volumes, healthcare infrastructure, minimally invasive surgery (mis).
The surgical sutures and staples market size is expected to see strong growth in the next few years. It will grow to $20.27 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to emerging markets growth, biodegradable and bio-absorbable products, telemedicine and remote surgery, value-based healthcare. Major trends in the forecast period include technological advancements, customized suture solutions, 3d printing and nanotechnology, digital health integration.
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Major competitors in the surgical sutures and staples market are Ethicon Endo-Surgery Inc., Stryker Corporation, Smith & Nephew PLC, Conmed Corporation, Medtronic PLC, Johnson & Johnson, B.Braun Melsungen AG.
A key trend in the surgical sutures and staples market includes use of disposable surgical sutures and staple devices. This is mainly due to heightened concerns regarding communicable infections associated with the use of reusable sutures and staple devices for surgeries. Disposable surgical sutures and staple devices are designed in such a way that they are discarded after one use and cannot be reused. In this regard, the Centers for Disease Control and Prevention (CDC) provides protocols to prevent the spread of pathogens and promotes the use of disposable devices.
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The surgical sutures and staples market is segmented -
1) By Type: Surgical Sutures, Surgical Staples
2) By End User: Hospitals, Ambulatory Surgical Centers (ASCs), Clinics
3) By Surgical Sutures: Absorbable, Non Absorbable
4) By Surgical Staples: Disposable Surgical Staplers, Reusable Surgical Staplers
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the surgical sutures and staples market.
The Business Research Company's "Global Surgical Sutures And Staples Market Report 2024" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Surgical Sutures And Staples Market Include:
1. Executive Summary
2. Surgical Sutures And Staples Market Characteristics
3. Surgical Sutures And Staples Market Trends And Strategies
4. Surgical Sutures And Staples Market - Macro Economic Scenario
5. Global Surgical Sutures And Staples Market Size and Growth
………
31. Global Surgical Sutures And Staples Market Competitive Benchmarking
32. Global Surgical Sutures And Staples Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Surgical Sutures And Staples Market
34. Surgical Sutures And Staples Market Future Outlook and Potential Analysis
35. Appendix
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