Surgical Suture Market Overviews

Maximize Market Research is an Surgical Suture research firm that has published a detailed analysis of the “Surgical Suture Market”. The report includes pricing analysis, demand analysis, business insights, market trends, competitive landscape, and growth opportunities. The base year of the Surgical Suture market .

Estimated Growth Rate for Surgical Suture Market

 The surgical suture market was estimated to be worth USD 4.70 billion in 2023, and it is anticipated that overall surgical suture revenue will increase by 6.1% between 2024 and 2030, to reach almost USD 7.11 billion.

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Surgical Suture Market Scope and Methodology:

The Surgical Suture Market Report offers a comprehensive analysis of the Surgical Suture industry, which covers the study of its segments. The report's scope includes a complete inspection of trends, growth drivers, challenges, and opportunities in the Surgical Suture market. It assesses key players their product portfolio, SWOT analysis, business strategy, competitive strategies, and recent developments of the product. The scope includes market size projections and CAGR analysis. The report on Surgical Suture Market covers key aspects of the market dynamics such as drivers, restraints, challenges, and opportunities. Major competitors in the Surgical Suture Market are listed along with new entrants to get an all-inclusive outlook on the competitive landscape of the market. The research methodology involves several approaches including primary data collection through surveys and interviews with industry experts, and the secondary data is collected from reputable data sources and databases. The report also provides insights into the Surgical Suture market region-wise with their key countries.

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Surgical Suture Market Regional Insights

North America, Europe, Asia Pacific, South America, the Middle East, and Africa are the major regions that are covered in the Surgical Suture market. Analysis of the key countries for all the regions along with the analysis of social, cultural, economic, political, and technological factors have also been covered in the report.

Surgical Suture Market Classifications

  by Type

Absorbable
Non-absorbable

Because of its ability to provide wounds with temporary support while they heal and its aptitude to withstand normal stress, the absorbable category had the greatest revenue share by type in 2023, accounting for nearly 56% of total sales. 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. When absorbable sutures cannot meet acceptable standards, these sutures are mostly utilized in hostile interior locations. These sutures are mostly used for long-term closures or in tissues that recover slowly.

by Filament

Cardiovascular Surgery
General Surgery
Gynecological Surgery
Orthopedic Surgery
Ophthalmic Surgery
Cosmetic & Plastic Surgery
Other

With a sales share of more than 50% in 2023, Filament's multifilament category led 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. These sutures have poor knot security, but they are less likely to produce infection. These factors are restricting the growth of monofilament sutures.

by Application

Cardiovascular Surgery
General Surgery
Gynecological Surgery
Orthopedic Surgery
Ophthalmic Surgery
Cosmetic & Plastic Surgery
Other

by End-User

Hospitals
Ambulatory Surgical Centers (ASCs)
Clinics & Physician Offices

With a revenue share of more than 41% in 2023, the other segment led the surgical suture market by application. 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. This is because more people are getting into traffic accidents, which is causing more orthopedic problems.

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The following companies are included in the market for Surgical Suture :

 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)

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Key questions answered in the Surgical Suture Market are:

• What is Surgical Suture ?
• What is the growth rate of the Surgical Suture Market?
• Which are the factors expected to drive the Surgical Suture market growth?
• What are the different segments of the Surgical Suture Market?
• What growth strategies are the players considering to increase their presence in Surgical Suture ?
• What are the upcoming industry applications and trends for the Surgical Suture Market?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Surgical Suture Market?
• Who are the leading companies and what are their portfolios in Surgical Suture Market?
• What segments are covered in the Surgical Suture Market?
• Who are the key players in the Surgical Suture market?

Key Offerings:

• Past Market Size and Competitive Landscape
• Past Pricing and price curve by region
• Market Size, Share, Size & Forecast by different segment
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation – A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER’s analysis

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About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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