Surgical Sutures Market By Emerging Trends, Business Strategies, Technologies,and Opportunities

An international Surgical Sutures Market research report is very useful in evaluating brand awareness, market landscape, possible future issues, industry trends and customer behaviour with which superior business strategies can be set. Analysis and discussion of key industry trends, market size, sales volume, and market share is also defined in the report. This business report makes available the company profile, product specifications, capacity, production value, and market shares for each company for the forecast period. By utilizing market intelligence for the hand-picked Surgical Sutures Market document, industry expert measure strategic options, outline successful action plans and support companies with critical bottom-line decisions.

The market for surgical sutures is estimated to increase rapidly over the forecast period. According to the American Society for Metabolic and Bariatric Surgery (ASMBS), there were 158,000 bariatric surgeries registered in 2011, up 44.3 percent to 228,000 in 2017. C-section rates increased from around 16 million births (12%) in 2000 to an estimated 29.7 million (21%) in 2015, according to a study published in the medical journal The Lancet. Consequently, during the projection period, a significant increase in the number of orthopedic, cardiovascular, bariatric, gynaecological, and aesthetic operations will led to the introduction of surgical sutures in the market.

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Data Bridge Market Research analyses that the surgical sutures market was valued at USD 3.7 billion in 2021 and is expected to reach USD 6.08 billion by 2029, registering a CAGR of 6.41% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Surgical sutures are medical strands or threads used to ligate blood vessels and repair damaged tissues after an injury. Natural fibres, such as silk, or synthetic materials, like as nylon and polyester, are used to make them. Tensile strength, flexibility, sterility, and knot security are all outstanding. Depending on the surgery, they are available in a variety of sizes, types, forms, and thread materials.

Drivers

• Increasing prevalence of lifestyle diseases

Another important factor driving market expansion is the rise in lifestyle diseases as a result of the rising adoption of a sedentary lifestyle. Ischemic heart disease, cerebrovascular disease, orthopaedic illnesses, cancer, and mental illness are all increasing in prevalence around the world. The market for surgical sutures is being driven by the continued growth in the frequency of lifestyle illnesses and the growing demand for a greater number of surgical procedures.

• Rise in the number of surgical procedures

The need for surgical sutures in the medical sector is increasing as the number of surgical procedures performed on patients increases. Improved treatment approaches are being developed as a result of advancements in the healthcare industry, which is expected to boost market growth. The growing use of novel treatment methods in surgeries, particularly in nations like the United Kingdom, Germany, the United States, Canada, and Japan, raises the demand for surgical sutures that are both convenient for surgeons and patients.

Furthermore, the increase in the number of geriatric population expected to boost market growth. The rising number of fatal road accidents is projected to contribute to the market’s growth. Other significant factors such as increasing urbanization and growing level of disposable income will cushion the growth rate of surgical sutures market. The presence of favourable reimbursement scenario and growing expenditure on the healthcare infrastructure will expand the growth rate of surgical sutures market

Recent Development

• In September 2020, Smith & Nephew had announced the launch of an automated suturing device named NOVOSTITCH PRO Meniscal Repair System in Europe. Using a meniscus-to-meniscus circumferential compression stitch, the NOVOSTITCH PRO Meniscal Repair System allows surgeons to implant stitches arthroscopically in tight joint compartments, allowing repair of tears that may not have been treated previously. For precise stitch placement and control, the device has an ergonomic and straightforward handle design and well visual indications.

Some of the major players operating in the surgical sutures market are:

• CONMED Corporation (US)
• B. Braun Melsungen AG (Germany)
• Johnson & Johnson Private Limited (US)
• Medtronic (Ireland)
• Boston Scientific Corporation (US)
• 3M (US)
• Smith+Nephew (UK)
• General Electric (US)
• Integra LifeSciences (US)
• Medline Industries, Inc. (US)
• Zimmer Biomet (US)
• Advanced Medical Solutions Group plc (UK)
• Internacional Farmacéutica S.A. de C.V.(Mexico)
• Stryker (US)
• Mellon Medical B.V. (Netherlands)
• Apollo Endosurgery, Inc (US)
• Surgical Specialties Corporation (US)
• DemeTECH Corporation (US)
• Teleflex Incorporated (US)

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Surgical Sutures Market Scope

The surgical sutures market is segmented on the basis of product, type, application, and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

• Suture Threads
• Automated Suturing Devices

On the basis of product, the surgical sutures market is segmented into suture threads and automated suturing devices.

Type

• Multifilament Sutures
• Monofilament Sutures

On the basis of type, the surgical sutures market is segmented into multifilament sutures and monofilament sutures.

Application

• Cardiovascular Surgery
• General Surgery
• Gynaecological Surgery
• Orthopaedic Surgeries
• Ophthalmic Surgery
• Cosmetic and Plastic Surgery
• Other Applications

On the basis of application, the surgical sutures market is segmented into cardiovascular surgery, general surgery, gynaecological surgery, orthopaedic surgeries, ophthalmic surgery, cosmetic and plastic surgery, and other applications.

End-User

• Hospitals
• Ambulatory Surgical Centres (ASCS)
• Clinics
• Physician Offices

On the basis of end-users, the surgical sutures market is segmented into hospitals, ambulatory surgical centres (ASCS), clinics, and physician offices.

Key Advantages of the Report: 

• This study provides an analytical overview of the industry, including current trends and future predictions to identify potential investment opportunities.
• The report offers insights into key drivers, limitations, and prospects, along with a comprehensive market share analysis.
• The report quantitatively assesses the current market, shedding light on its growth prospects.
• A Porter’s five forces analysis gauges the bargaining power of buyers and suppliers in the market.
• The report delivers an in-depth market analysis that considers competitive dynamics and forecasts the future competitive landscape.

 What to Anticipate from the Report – A 7-Point Guide:

• The report delves into the holistic strategy and innovation within the market ecosystem.
• It highlights prominent market drivers and obstacles, providing clarity on technological standardization and regulatory frameworks.
• The report evaluates various implementation models and examines numerous use cases.
• Serving as a valuable resource, the report offers essential industry insights, showcasing information on new investments, stakeholders, relevant contributors, and market participants.
• Through the forecast period, the report conducts a thorough market analysis, referencing historical developments, ongoing events, and future growth prospects.

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