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At a CAGR of 6.5%, Ophthalmic Sutures Market Size Will Reach USD 1.3 Billion by 2034 | TMR Research

07-25-2024 01:04 PM CET | Health & Medicine

Press release from: Transparency Market Research

Ophthalmic Sutures

Ophthalmic Sutures

Ophthalmic sutures are specialized threads used in eye surgeries to close wounds and incisions, facilitating healing and minimizing the risk of infection. These sutures are essential in various ophthalmic procedures, including cataract surgery, corneal transplantation, and glaucoma surgery. The ophthalmic sutures market is growing due to the increasing prevalence of eye disorders, advancements in surgical techniques, and rising demand for minimally invasive procedures. This article explores the current state, trends, and future prospects of the ophthalmic sutures market.

Ophthalmic Sutures Market (안과 봉합사 시장) is expected to grow at a CAGR of 6.5% from 2024 to 2034 and reach US$ 1.3 Bn by the end of 2034

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Overview of Ophthalmic Sutures Market
The global ophthalmic sutures market is expanding as the incidence of eye diseases and the number of ophthalmic surgeries increase. The market is segmented by product type (absorbable and non-absorbable sutures), application (cataract surgery, keratoplasty, oculoplastic surgery, others), end-users (hospitals, ambulatory surgical centers, ophthalmic clinics), and geographical regions.

Top Companies:

Accutome, Inc
Asset Medical
Alcon Inc.
Aurolab
B. Braun
DemeTECH
FCI Ophthalmics Inc
Medtronic Plc
RUMEX
Corza Medical
Teleflex Incorporated
Others

Recent Developments in Ophthalmic Sutures Market
Recent advancements and trends in the ophthalmic sutures market include:

Material Innovations: Development of sutures made from advanced materials that enhance biocompatibility, reduce inflammation, and improve wound healing.
Minimally Invasive Techniques: Increasing adoption of minimally invasive surgical techniques requiring specialized sutures designed for precision and minimal tissue trauma.
Customized Sutures: Growth in demand for customized sutures tailored to specific surgical needs and patient conditions.
Robotic-Assisted Surgery: Integration of robotic systems in ophthalmic surgeries necessitating the use of specialized sutures compatible with robotic techniques.
Biodegradable Sutures: Rising interest in biodegradable sutures that eliminate the need for removal and reduce the risk of long-term complications.

Drivers of Market Growth
Several factors contribute to the growth of the ophthalmic sutures market:

Increasing Prevalence of Eye Disorders: Rising incidence of conditions such as cataracts, glaucoma, and diabetic retinopathy driving the demand for ophthalmic surgeries and sutures.
Aging Population: Growing aging population worldwide leading to a higher prevalence of age-related eye disorders and surgeries.
Technological Advancements: Continuous advancements in surgical techniques and suture materials improving the outcomes of ophthalmic procedures.
Awareness and Accessibility: Increasing awareness about eye health and improved access to ophthalmic care, particularly in emerging economies.
Government Initiatives: Supportive government programs and policies promoting eye health and facilitating access to surgical treatments.

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Conclusion
The ophthalmic sutures market is poised for significant growth, driven by the increasing prevalence of eye disorders, advancements in surgical techniques, the aging population, and supportive government initiatives. Innovations in suture materials, minimally invasive techniques, customized sutures, robotic-assisted surgery, and biodegradable sutures are enhancing the potential and efficacy of ophthalmic surgeries.

Key Segments Covered

Type
Natural Sutures
Synthetic Sutures

Application
Corneal Transplantation Surgery
Cataract Surgery
Vitrectomy Surgery
Iridectomy Surgery
Oculoplastic Surgery
Others

End-user
Hospitals
Eye Care Surgical Centers
Others

Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa

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About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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