The Global Surgical Suture Market is projected to reach USD 4.9 billion by 2026 from USD 3.7 billion in 2021, at a CAGR of 6% from 2021 to 2027.
Surgical sutures, commonly called needles, use a needle to which a length of thread is attached. Surgical sutures are used to close wounds such as skin ulcers, neuropathic ulcers, pediatric heart surgery, and diabetic ulcers. These sutures cause less reaction and provide better passage of the thread through the tissue. The growth of the global surgical sutures market is mainly driven by the surge in accident rates, rising medical expenses, the rising popularity of plastic surgery, and the development of advanced sutures such as film-coated sutures. However, the growing preference for minimally invasive surgery and the existence of alternative wound care products act as major market restraints. Conversely, rising awareness of new surgeries, surge in the elderly population, and growing demand for better healthcare facilities are expected to provide lucrative opportunities for the surgical suture market growth during the forecast period.
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Market Segments
By Product Type
- Automated Suturing Devices
- Sutures
By Material
- Monofilament
- Multifilament
By Application
- Cardiovascular Surgeries
- General Surgeries
- Gynecological Surgeries
- Orthopedic Surgeries
- Ophthalmic Surgeries
- Other Surgeries
Key Players
Some of the prominent players in the surgical sutures market are Ethicon, Inc. (US), Medtronic plc (Ireland), B. Braun Melsungen AG (Germany), Smith & Nephew plc (UK), Boston Scientific Corporation (US), Peters Surgical (France), DemeTECH Corporation (US), Internacional Farmacéutica (Mexico), Sutures India (India), EndoEvolution, LLC (US), Apollo Endosurgery, Inc. (US), Surgical Specialties Corporation (US), and Mellon Medical B.V. (Netherlands).
Scope of the Report
The research study analyzes the global Surgical Suture industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Surgical Suture Market Report
1. What was the Surgical Suture Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Surgical Suture Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Surgical Suture Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Surgical Suture market.
- The market share of the global Surgical Suture market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Surgical Suture market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Surgical Suture market.
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