According to the latest report by IMARC Group, titled “Surgical Sutures Market: Global Industry Trends, Share, Growth, Opportunity and Forecast 2023-2028.’ the study provides a detailed analysis of the industry, including the global surgical sutures market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How Big is the Surgical Sutures Market?
| Report Attributes | Details |
| Market Size in 2022 | US$ 4.8 Billion |
| Market Forecast in 2028 | US$ 6.9 Billion |
| Growth rate (2023 to 2028) | CAGR of 5.9% |
| Base Year of the Analysis | 2022 |
| Forecast Period | 2023-2028 |
What is Surgical Sutures?
Surgical sutures refer to medical devices used by doctors and healthcare professionals to close wounds or other tissues after an injury or surgery. These are threads or strands manufactured using natural fibers like silk and synthetic materials, such as polyester, polydioxanone (PDS) and polyglactin. They are usually applied using a needle with an attached thread and secured with a surgical knot. Depending on the requirements, they are widely available in absorbable and non-absorbable variants. Since they have excellent tensile strength, sterility and flexibility, surgical sutures find extensive applications in the healthcare sector.
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What are the growth prospects and trends in the surgical sutures industry?
The rising number of individuals undergoing surgical procedures due to improved efficiency and safety represents the primary factor driving the market growth. In addition, the growing geriatric population and the widespread prevalence of chronic ailments, such as cardiovascular diseases (CVDs), arthritis, cancer and obesity, are other major growth-inducing factors. Besides this, a significant rise in fatal road accidents and high hospital admission rates are also escalating the demand for surgical sutures. Furthermore, various key players are launching advanced products like surgical sutures that facilitate scar-free wound healing while minimizing wound tension, ischemia and tissue injury. This, in confluence with the increasing usage of these sutures in aesthetic plastic surgery procedures, including Brachioplasty, Platysmaplasty, Mastopexy, and brow, midface, and lateral neck suspension, is catalyzing the market growth. Moreover, several technological advancements and rising healthcare expenditure by the governments of various nations are some of the other factors creating a positive market outlook.
Who are the key players operating in the industry?
The report covers the major market players including:
- Advanced Medical Solutions Group plc
- Braun Melsungen AG
- Boston Scientific Corporation
- CONMED Corporation
- DemeTECH Corporation
- Integra LifeSciences
- Johnson & Johnson
- Medtronic plc
- Mellon Medical B.V.
- Smith & Nephew plc
- Stryker Corporation
- Teleflex Incorporated
- Zimmer Biomet.
What is included in market segmentation?
The report has segmented the market into the following categories:
Based On Type:
- Absorbable Sutures
- Non-Absorbable Sutures
Based On Material:
- Monofilament
- Multifilament
Based On Application:
- Cardiovascular Surgeries
- General Surgeries
- Gynecological Surgeries
- Orthopedic Surgeries
- Ophthalmic Surgeries
- Others
Based On End User:
- Hospitals and Clinics
- Ambulatory Surgical Centers
- Others
Based On Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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