Surgical Sutures Market: Global Market Size, Dynamics, Regional Share, Trends, Competitor Analysis 2015 to 2020 and Forecast 2021 to 2027

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Surgical Sutures Market: By Product Type (Absorbable and Non-absorbable), By Material (Monofilament Suture and Multifilament Suture), By Application (Gynecological Surgeries, Orthopedic Surgeries, Cardiovascular Surgeries, General Surgeries, Ophthalmic Surgeries, and Other Surgeries), By End User (Hospitals, Clinics, and Others), and Geography

 

 

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Report

Description

Global surgical sutures market was valued at US$ 3.4 Bn in 2021 and expected to grow at 5.7% Compound Annual Growth Rate (CAGR) from 2021 to 2027 to reach USD 5.2 Bn by 2027. Surgical sutures are the medical devices that are used to hold body tissues together post-surgery or injury. They are usually classified into absorbable surgical sutures and non-absorbable surgical sutures. The absorbable surgical suture will break down harmlessly in the body over time without intervention. While the non-absorbable surgical sutures must be manually removed. Sutures can also be divided basing of material structure i.e. monofilament sutures and multifilament or braided sutures. Monofilament sutures elicit lower tissue reaction compared to braided sutures. Multifilament sutures are braided and often coated with various materials like silicon, wax, PTFE, polycaprolactone, calcium stearate etc. Chronic diseases and ailments affect the elderly population more frequently, necessitating more procedures. Adults aged 65 and up make for a significant portion of all surgeries performed in the United States. The rapidly ageing population and the rising incidence of numerous chronic conditions are predicted to considerably increase the number of surgeries performed around the world. Furthermore, noncommunicable diseases (NCDs) are expected to account for more than half of the illness burden in low-income nations by 2030, and more than three-quarters of the disease burden in middle-income countries. Stapling, for example, is faster than suturing. Furthermore, the area that requires suturing has a vital role in material selection. A stapler can act fast in the case of head traumas, reducing time and blood loss, making it a better option than sutures. Similarly, tissue adhesives can be used to seal minor cuts and wounds (less than 10 cm) in a relatively painless technique for paediatric patients without the need for sutures. Smaller lacerations can also be closed with wound closure strips and tapes.

Surgical Sutures Market

MARKET SUMMARY
-
5.7% CAGR
  • Study Period– 2021-2027
  • Base Year– 2020
  • CAGR– 5.7%
  • Largest Market– North America
  • Fastest Growing Market– Europe

Surgical Sutures Market

  • The report on global Surgical Sutures Market gives historical, current, and future market sizes (US$ Bn) on the basis of product type, material, application, end user and geography.
  • Surgical Sutures Market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
Key Players
  • Boston Scientific Corporation (U.S)
  • Medtronic plc (Ireland)
  • Internacional Farmaceutica, S.A. de C.V. (Mexico)
  • Sutures India Pvt. Ltd. (India)
  • Péters Surgical (France)
Dynamics

Surgical Sutures Market

Increasing incidence of traffic accidents is the key factor attributing the growth of the surgical sutures market. The use of the surgical sutures is more in the treatment of the accidents. According to World Health Organization (WHO) in 2017, yearly around 1.25 million people die and more than 20 to 50 million people experience severe injuries, due to road traffic crash. The increasing use of the surgical sutures in multiple treatments and growing trend of cosmetic surgeries are anticipated to drive the market growth of the surgical sutures. As per the annual plastic surgery procedural statistics by American Society of Plastic Surgeons (ASPS), there were 15.9 million surgical and minimally-invasive cosmetic procedures performed in the United States in 2015, 2.0% increase over 2014. The growing geriatric population along with growing organ transplantation and cardiovascular surgeries is boosting the growth of the surgical sutures market. However, the growth of the product development is at a slow pace, which is likely to hamper the growth of the surgical sutures market.


North-America got significant share

Surgical Sutures Market

Geographically, global surgical sutures market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North Americasurgical sutures market is the dominant market owing increase in the number of surgeries. Rising number of private sector hospitals and developing healthcare infrastructure is anticipated to drive the growth of the surgical sutures market in the region. Europe surgical sutures marketis falling next to that of North America. The Asia Pacific surgical sutures marketis expected to grow at significant rate over the forecast period owing to the increasing surgical cases and growing trend of plastic surgery.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Features of the Report

  • The report covers exhaustive regional information, that includes North America, Asia-Pacific, Latin America and Middle East and Africa.
  • The report provides granular level information about the market size, regional market share, historic market (2015-2020) and forecast (2021-2027)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework and reimbursement scenario

Surgical Sutures Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content


Report

Company Profile

  • Boston Scientific Corporation (U.S)
  • Medtronic plc (Ireland)
  • Internacional Farmaceutica, S.A. de C.V. (Mexico)
  • Sutures India Pvt. Ltd. (India)
  • Péters Surgical (France)
  • Smith & Nephew plc (U.K.)
  • EndoEvolution, LLC (U.S.)
  • Ethicon Inc. (U.S.)
  • Braun Melsungen AG (Germany)
  • DemeTECH Corporation (U.S.)

Description

Global surgical sutures market was valued at US$ 3.4 Bn in 2021 and expected to grow at 5.7% Compound Annual Growth Rate (CAGR) from 2021 to 2027 to reach USD 5.2 Bn by 2027. Surgical sutures are the medical devices that are used to hold body tissues together post-surgery or injury. They are usually classified into absorbable surgical sutures and non-absorbable surgical sutures. The absorbable surgical suture will break down harmlessly in the body over time without intervention. While the non-absorbable surgical sutures must be manually removed. Sutures can also be divided basing of material structure i.e. monofilament sutures and multifilament or braided sutures. Monofilament sutures elicit lower tissue reaction compared to braided sutures. Multifilament sutures are braided and often coated with various materials like silicon, wax, PTFE, polycaprolactone, calcium stearate etc. Chronic diseases and ailments affect the elderly population more frequently, necessitating more procedures. Adults aged 65 and up make for a significant portion of all surgeries performed in the United States. The rapidly ageing population and the rising incidence of numerous chronic conditions are predicted to considerably increase the number of surgeries performed around the world. Furthermore, noncommunicable diseases (NCDs) are expected to account for more than half of the illness burden in low-income nations by 2030, and more than three-quarters of the disease burden in middle-income countries. Stapling, for example, is faster than suturing. Furthermore, the area that requires suturing has a vital role in material selection. A stapler can act fast in the case of head traumas, reducing time and blood loss, making it a better option than sutures. Similarly, tissue adhesives can be used to seal minor cuts and wounds (less than 10 cm) in a relatively painless technique for paediatric patients without the need for sutures. Smaller lacerations can also be closed with wound closure strips and tapes.

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