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Navigating the Future: Surgical Sutures And Staples Market Trends and Forecast Insights, 2025 Edition
Surgical Sutures And Staples
Surgical Sutures And Staples Market Size Growth Forecast: What to Expect by 2025?
The market size for surgical sutures and staples has seen a swift expansion in the past few years. It is projected to increase from $14.68 billion in 2024 to $16.33 billion in 2025, boasting a compound annual growth rate (CAGR) of 11.2%. The substantial growth witnessed during the historic period can be credited to factors such as the aging population, the number of surgical procedures carried out, the development of the healare infrastructure, and the prevalence of minimally invasive surgery (mis).
How Will the Surgical Sutures And Staples Market Size Evolve and Grow by 2029?
The market for surgical sutures and staples is anticipated to witness robust growth in the foroming years, with its estimated value reaching $23.01 billion in the year 2029, growing at a compound annual growth rate of 8.9%. The predicted growth in the mentioned period can be credited to factors such as the advancement of emerging markets, increased use of biodegradable and bio-absorbable products, adoption of telemedicine and remote surgery, and value-based healare systems. Key trends to watch over this forecast period include technological progress, tailored suture solutions, the rise of 3d printing and nanotechnology, and the integration of digital health.
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What Drivers Are Propelling the Growth of Surgical Sutures And Staples Market Forward?
The global upsurge in surgical procedures significantly fuels the surgical sutures and staples market. This is largely due to the role surgeries play in treating injuries, easing symptoms, enabling restoration of function, removing unhealthy organs, or substituting body parts. Additionally, surgical interventions are also a must in emergencies like trauma, broken bones, and severe infections. To illustrate, metrics from the US Department of Health & Human Services show that in the US, out of 22 million surgeries undertaken, 52.7% were outpatient surgeries. It's projected that as many as 234 million surgeries are carried out globally on an annual basis.
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Which Emerging Trends Are Transforming the Surgical Sutures And Staples Market in 2025?
The surgical sutures and staples market is seeing a growing trend towards the use of disposable surgical sutures and staple devices. This trend largely stems from increasing worries about the potential spread of infectious diseases through the use of reusable sutures and staple devices during surgical procedures. Disposable surgical sutures and staple devices are specifically crafted to be used once and then discarded, with no possibility of reuse. The Centers for Disease Control and Prevention (CDC) contributes to this movement by offering guidelines to thwart the transmission of pathogens and encourages the use of single-use devices.
What Are the Key Segments in the Surgical Sutures And Staples Market?
The surgical sutures and staples market covered in this report 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
Subsegments:
1) By Surgical Sutures: Absorbable Sutures, Non-Absorbable Sutures
2) By Surgical Staples: Linear Staplers, Circular Staplers, Skin Staplers
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Who Are the Key Players Shaping the Surgical Sutures And Staples Market's Competitive Landscape?
Major companies operating in the surgical sutures and staples market include Ethicon Endo-Surgery Inc., Stryker Corporation, Smith & Nephew plc, Conmed Corporation, Medtronic plc, Johnson & Johnson, B.Braun Melsungen AG, Baxter International Inc., Alcon Laboratories Inc., Dextera Surgical Inc., Becton, inson and Company, Cardica Inc., Purple Surgical Inc., Welfare Medical Ltd., Reach surgical Inc., Meril Life Science Pvt. Ltd., Frankenman International, Boston Scientific Corporation, Zimmer Holdings Inc., Intuitive Surgical Inc., CareFusion Corporation, 3M Company, CryoLife Inc., Derma Sciences Inc., DeRoyal Industries Inc., Teleflex Incorporated, DemeTECH Corporation, Sutures India Pvt. Ltd., Péters Surgical, EndoEvolution LLC, Surgical Specialties Corporation, Dolphin Sutures, Internacional Farmacéutica S.A. de C.V., AD Surgical, Apollo Endosurgery Inc., Assut Medical Sarl, Aspen Surgical Products Inc.
What Geographic Markets Are Powering Growth in the Surgical Sutures And Staples Market?
North America was the largest region in the global surgical sutures and staples market in 2023. Western Europe was the second-largest region in the surgical sutures and staples market share. The regions covered in the surgical sutures and staples market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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