Category : Pharmaceuticals And Healthcare | Published Date : Nov 2024 | Type : Press Release
As per the Consegic Business Intelligence newly published report, the Absorbable Surgical Sutures Market was valued at USD 3.01 Billion in 2023 and is projected to reach USD 5.08 Billion by 2031, growing at a CAGR of 6.7% from 2024 to 2031. Absorbable surgical sutures are medical threads designed to dissolve naturally within the body, minimizing the need for suture removal post-surgery. Made from materials such as polyglycolic acid, polylactic acid, and catgut, these sutures are critical in surgeries requiring temporary internal tissue support during healing, particularly in gastrointestinal, gynecological, and orthopedic procedures.
The report comprises the Absorbable Surgical Sutures Market Share, Size & Industry Analysis, By Product Type (Monofilament Sutures, Multifilament Sutures), By Material (Synthetic Sutures, Natural Sutures), By Application (Cardiovascular Surgery, General Surgery, Orthopedic Surgery, Gynecological Surgery, Ophthalmic Surgery, Others), By End-User (Hospitals, Ambulatory Surgical Centers, Specialty Clinics, Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa), and Forecast, 2024-2031.
The report contains detailed information on Absorbable Surgical Sutures Market Trends, Opportunities, Value, Growth Rate, Segmentation, Geographical Coverage, Company Profile, In-depth Expert Analysis, Revenue Forecast, Competitive Landscape, Growth Factors, Restraints or Challenges, Environment & Regulatory Landscape, PESTLE Analysis, PORTER Analysis, Key Technology Landscape, Value Chain Analysis, and Cost Analysis.
The increasing volume of surgeries globally due to chronic diseases and an aging population is a significant driver of market growth. Additionally, advancements in synthetic and antimicrobial-coated sutures present opportunities for enhanced surgical outcomes.
Based on product type, the market is segmented into monofilament and multifilament sutures.
Based on material, the market is segmented into synthetic and natural sutures.
Based on application, the market is segmented into cardiovascular surgery, general surgery, orthopedic surgery, gynecological surgery, ophthalmic surgery, and others.
Based on end-users, the market is segmented into hospitals, ambulatory surgical centers, specialty clinics, and others.
Based on regions, the global market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
Report Attributes | Report Details |
Study Timeline | 2018-2031 |
Market Size in 2031 | USD 5.08 Billion |
CAGR (2024-2031) | 6.7% |
By Product Type | Monofilament Sutures, Multifilament Sutures |
By Material | Synthetic Sutures, Natural Sutures |
By Application | Cardiovascular Surgery, General Surgery, Orthopedic Surgery, Gynecological Surgery, Ophthalmic Surgery, Others |
By End-User | Hospitals, Ambulatory Surgical Centers, Specialty Clinics, Others |
By Region | North America(U.S., Canada, Mexico) Europe(U.K., Germany, France, Spain, Italy, Russia, Benelux, Rest of Europe) APAC(China, South Korea, Japan, India, Australia, ASEAN, Rest of Asia-Pacific) Middle East & Africa(GCC, Turkey, South Africa, Rest of MEA) LATAM(Brazil, Argentina, Chile, Rest of LATAM) |
The competitive landscape encompasses major innovators, aftermarket service providers,
industry giants, and niche players, all of which are thoroughly examined by Consegic Business Intelligence in
terms of their strengths, weaknesses, and value-addition potential. This report includes detailed profiles of
key players, market share analysis, mergers and acquisitions, resulting market fragmentation, and emerging
partnership trends and dynamics.
List of prominent players in the Absorbable Surgical Sutures Industry: