Surgical Suture Market Report Overview :
The report encompasses the latest revenue and trends within the Surgical Suture market. It provides an introduction to the Surgical Suture market, defining its scope, structure, and strategies for proactive and pre-planned management. The report hones in on the factors that impact the Surgical Suture Market in both positive and negative ways. Additionally, it assists in gauging the prospective growth of the Surgical Suture Market in the upcoming forecast years. The report serves as a valuable tool for shaping market strategies and understanding the contextual landscape of the Surgical Suture industry.
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Surgical Suture Market Report Scope and Research Methodology :
The primary objective of the Global Surgical Suture Market report is to deliver a comprehensive analysis of the market in accessible language for stakeholders. The research has involved segmenting the Surgical Suture market into major categories, which were further subdivided into various sub-segments. The report offers a detailed examination of drivers, opportunities, restraints, and challenges within the Surgical Suture industry, segmented both regionally and by segment.
The report on the Surgical Suture Market furnishes an exhaustive analysis, incorporating historical data, insightful perspectives, facts, and statistically validated market statistics. These statistics are based on a well-founded set of assumptions and methodologies. The collection of data for the Surgical Suture market report relied on both primary and secondary research methods. This amalgamated data was meticulously analyzed to produce precise and reliable findings.
Incorporating secondary research, the report delves into annual and financial reports of leading players, while primary research involves interviews with key opinion leaders and experts within the Surgical Suture industry, including frontline personnel, entrepreneurs, and marketing professionals. The estimation of the Surgical Suture market size was achieved through a bottom-up approach. The report employs SWOT analysis to outline the strengths and weaknesses of the Surgical Suture Market, and leverages PESTLE and PORTER analyses to outline the impacts of macroeconomic and microeconomic factors on the global Surgical Suture Market.
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Surgical Suture Market Regional Insights :
Geographically, the report is segmented into several key countries, with Surgical Suture market size, growth rate, import and export of Surgical Suture market in these countries, which cover North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and the Middle East and Africa.
Surgical Suture Market Segmentation :
by Type
Absorbable
Non-absorbable
Because of its ability to withstand normal stress and provide temporary support for wounds while they heal, the absorbable sector had the biggest revenue share in 2023—more than 56%. Additionally, the need for absorbable sutures is always rising, which may be connected to their natural degradability. Leading market participants are therefore investing in R&D, which should help the absorbable industry expand in the future. Non-absorbable sutures have a smaller market share than absorbable sutures since they cannot break down or degrade.
by Filament
Cardiovascular Surgery
General Surgery
Gynecological Surgery
Orthopedic Surgery
Ophthalmic Surgery
Cosmetic & Plastic Surgery
Other
With a revenue share of more than 50% in 2023, the multifilament category dominated the market. The multifilament sector is also anticipated to develop at the fastest rate during the projection period. This is because of the advantages of the multifilament strands, which include increased flexibility, pliability, and tensile strength. Monofilament sutures are challenging to work with because of their endurance, which can lead to unintended and early suture failure during surgery, as well as suture crushing or crimping. Monocryl, nylon, prolene, and polydioxanone are among the materials used to make monofilament sutures.
by Application
Cardiovascular Surgery
General Surgery
Gynecological Surgery
Orthopedic Surgery
Ophthalmic Surgery
Cosmetic & Plastic Surgery
Other
In 2023, the other category held a revenue share of more than 41% and dominated the surgical suture market. The segment that generated the second-largest revenue share in 2023 was cardiovascular surgery. This is because cardiac problems are quite common, there is sufficient competence in the sector, reimbursement conditions are good, and diagnostics have advanced. Throughout the projection period, the demand for surgical sutures will rise as a result of the significant increase in cardiac surgeries. In 2023, orthopedic surgery became the third-largest application field, and it is anticipated to expand quickly over the next several years.
by End-User
Hospitals
Ambulatory Surgical Centers (ASCs)
Clinics & Physician Offices
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Surgical Suture Market Key Players :
1. Medtronic plc (US)
2. Johnson & Johnson (US)
3. Sutumed (US)
4. Vital Sutures (US)
5. Unilene (US)
6. Riverpoint Medical (US)
7. CONMED Corporation (US)
8. Boston Scientific Corporation (US)
9. DemeTECH Corporation (US)
10. Stryker Corporation (US)
11. Zimmer Biomet (US)
12. Advanced Medical Solutions Group plc (UK)
13. Smith & Nephew (UK)
14. B. Braun Melsungen (Germany)
15. Peters Surgical (France)
16. Genia SA (France)
17. Mellon Medical (Netherlands)
18. Biosintex (Romania)
19. Dolphin Sutures (India)
20. Healthium MedTech (India)
21. GPC Medical (India)
22. Lotus Surgicals (India)
23. CPT Sutures (Vietnam)
24. ARC Medical Supplies(Beijing) Co., Ltd. (China)
25. Tagumedica SA (Peru)
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Key Questions answered in the Surgical Suture Market Report are:
- What is Surgical Suture?
- Which segment held the largest share in the Surgical Suture market?
- Which are the key factors driving the Surgical Suture market growth?
- Which region holds the maximum share in the Surgical Suture market?
- What is the expected CAGR of the Surgical Suture market during the forecast period?
- Who are the major players in the Surgical Suture market?
- What key trends are expected to emerge in the Surgical Suture market in the coming years?
Key Offerings:
- A detailed Analysis of the Market Overview
- Market Share, Size & Forecast by Revenue
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by Route of administration, Application, Facility of use and Region and Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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