Global Sutures Market will exhibit a growth rate of 5.8-6.2% for the forecast period of 2022-2029
Global Sutures Market Analysis and Insights:
The suture is one of doctors' most common medical devices during surgery. After an accident or surgery, a suture keeps the body's tissues together by maintaining their structural integrity or holding them together as required. A needle and a connected thread are typically used to perform a suture. Medical practitioners now generally utilize surgical sutures of various sizes, shapes, and thread materials, depending on the intricacy of the surgery to be conducted.
In recent years, the number of surgical procedures has risen worldwide. According to the WHO's 2016 report, the global surgical rate was predicted to be 4,469 operations per 100,000 people per year, with vehicle accidents and related trauma being the most common cause of surgical treatment. Moreover, the growth determinants such as availability of advanced technologies and growing procedural safety, which increase the popularity of these procedures across the globe further leads to a significant growth opportunity to players in the surgical sutures market. Consequently, the market is projected to show substantial growth over the forecasted period.
The increasing number of surgical procedures is the most significant factor driving the growth for this market. Moreover, the aging population is at a higher risk of chronic diseases and conditions and requires frequent surgeries are also expected to accelerate the overall growth of the market.
Moreover, the rise in popularity of cosmetic surgeries also cushions the market's growth within the forecasted period. Furthermore, the expanding healthcare sector along with the favorable reimbursement scenario are also expected to fuel market growth. The increase in awareness about novel surgeries combined with the increased cosmetic and aesthetic procedures across the globe is also projected to bolster the market's growth.
Global Sutures Market Scope and Market Size:
On the basis of product type, the sutures market is segmented into suture threads and automated suturing devices.
- Suture threads have further been segmented into absorbable sutures and non-absorbable sutures.
- Absorbable sutures are further sub-segmented into synthetic sutures and natural sutures.
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Global Sutures Market Country Level Analysis:
The countries covered in the Sutures market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America..
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Major TOC of the Report:
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insight
Chapter Six: COVID-19 Impact on Global Sutures Market
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Competitive Landscape and Sutures Market Share Analysis:
The Sutures market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to Sutures market.
Major Players:
- Johnson Johnson Private Limited (U.S.)
- Medtronic (Ireland)
- Braun Melsungen AG (Germany)
- Smith+Nephew (U.K)
- Boston Scientific Corporation (U.S.)
- BD (U.S.)
- DemeTECH Corporation (U.S.)
- Peters Surgical (France)
- Siemens (Germany)
- DemeTECH Corporation (U.S.)
- Thermo Fisher Scientific Inc., (U.S.)
- Apollo Endosurgery, Inc. (U.S.)
- Corza Medical (U.S.)
- Ergon Sutramed S.r.l. (Italy), CONMED Corporation (U.S.)
- Zimmer Biomet (U.S.)
- L. Gore Associates, Inc. (U.S.)
- Integra LifeSciences Corporation (U.S.)
- Medline Industries, Inc. (U.S.)
- Mellon Medical B.V. (Netherlands)
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