Category : Healthcare | Published Date : Nov 2024 | Type : Press Release
As per the Consegic Business Intelligence newly published report, the Surgical Sutures Market was valued at USD 4.78 Billion in 2023 and is projected to reach USD 7.82 Billion by 2031, growing at a CAGR of 6.3% from 2024 to 2031. Surgical sutures are sterile threads used to close wounds or surgical incisions, promoting proper tissue healing. They are classified into two main types: absorbable sutures, which dissolve naturally, and non-absorbable sutures, which require removal after healing. Made from materials like silk, catgut, polyglycolic acid, and polypropylene, these sutures are critical in fields such as cardiovascular, orthopedic, and general surgeries, ensuring precise wound closure.
The report comprises the Surgical Sutures Market Share, Size & Industry Analysis, By Product Type (Absorbable Sutures, Non-Absorbable Sutures), By Material (Monofilament Sutures, Multifilament (Braided) Sutures), By Application (Cardiovascular Surgery, General Surgery, Orthopedic Surgery, Gynecological Surgery, Ophthalmic Surgery, Cosmetic & Plastic Surgery, Others), By End-User (Hospitals & Clinics, Ambulatory Surgical Centers (ASCs), Specialty Clinics), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa), and Forecast, 2024-2031.
The report contains detailed information on 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.
Increased global surgeries and advances in suture materials are driving market growth, while biodegradable sutures offer significant growth opportunities.
Based on product type, the market is bifurcated into absorbable sutures and non-absorbable sutures.
Based on material, the market is segmented into monofilament sutures and multifilament (braided) sutures.
Based on application, the market includes cardiovascular surgery, general surgery, orthopedic surgery, gynecological surgery, ophthalmic surgery, cosmetic & plastic surgery, and others.
Based on end-users, the market is segmented into hospitals & clinics, ambulatory surgical centers (ASCs), and specialty clinics.
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 7.82 Billion |
CAGR (2024-2031) | 6.3% |
By Product Type | Absorbable Sutures, Non-Absorbable Sutures |
By Material | Monofilament Sutures, Multifilament (Braided) Sutures |
By Application | Cardiovascular Surgery, General Surgery, Orthopedic Surgery, Gynecological Surgery, Ophthalmic Surgery, Cosmetic & Plastic Surgery, Others |
By End-User | Hospitals & Clinics, Ambulatory Surgical Centers (ASCs), Specialty Clinics |
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 Surgical Sutures Industry: