How Big is the Surgical Sutures Market?
The global surgical sutures market size reached US$ 4.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.9 Billion by 2028, exhibiting a growth rate (CAGR) of 5.9% during 2023-2028.
Factors Affecting the Growth of the Surgical Sutures Industry:
- Increasing Number of Surgical Procedures:
As the global population ages, there’s an increase in age-related surgeries, such as orthopedic, cardiovascular, and cataract procedures, which often require the use of surgical sutures. The growing prevalence of chronic diseases, including obesity, diabetes, and cancers, necessitates various surgical interventions, thereby boosting the demand for surgical sutures. Technological and medical advancements are making surgeries safer and more accessible, encouraging more people to opt for surgical solutions to medical problems. Improvements in healthcare infrastructure, especially in emerging economies, have made surgical procedures more available and affordable, which is further increasing their frequency. The rising trend of minimally invasive surgeries, which are less traumatic and offer quicker recovery, is also contributing to an increase in surgical procedures.
- Technological Advancements in Suture Materials and Types:
Innovations in suture materials and the development of specialized sutures, such as absorbable, antimicrobial, and barbed sutures, are significantly contributing to market growth. These sutures gradually dissolve in the body, eliminating the need for removal and reducing the risk of infection. They are ideal for internal tissues where natural healing occurs. These are designed to reduce the risk of surgical site infections. Infused with antimicrobial agents, they help prevent bacterial colonization on the suture, enhancing patient safety. These sutures are equipped with tiny barbs that lock the suture in place without the need for knots. This innovation speeds up the suturing process and provides a more even distribution of tension, thus leading to improved wound closure and healing.
- Rise in Minimally Invasive Surgical Procedures:
MIS techniques, involving smaller incisions and less tissue trauma, offer patients shorter recovery times and lower risk of complications, making these procedures more attractive. Innovations in surgical techniques and equipment, including laparoscopy and robotic surgery, have expanded the scope and efficacy of MIS, leading to its increased adoption. The growing patient awareness and preference for less invasive procedures, due to factors like reduced pain, minimal scarring, and quicker return to daily activities, are driving the demand for MIS. MIS requires specialized sutures that are smaller, more flexible, and easier to handle in confined spaces, thus influencing the development and demand for specific types of surgical sutures.
Request for a PDF Sample of this Report: https://www.imarcgroup.com/surgical-sutures-market/requestsample
Surgical Sutures Market Report Segmentation:
Based On Type:
- Absorbable Sutures
- Non-Absorbable Sutures
Absorbable sutures are the largest market due to their versatility in various surgical applications, as they naturally dissolve over time, eliminating the need for suture removal, and are preferred in a wide range of procedures, which contributes to their dominant market position.
Based On Material:
- Monofilament
- Multifilament
Multifilament sutures are the largest market because of their flexibility, handling ease, and knot security, making them suitable for a broad spectrum of surgical applications and preferred by surgeons for their performance.
Based On Application:
- Cardiovascular Surgeries
- General Surgeries
- Gynecological Surgeries
- Orthopedic Surgeries
- Ophthalmic Surgeries
- Others
Cardiovascular surgeries are the largest market segment due to the critical nature of these procedures, often requiring specialized sutures for precise and secure tissue closure, which is contributing to their prominence in the market.
Based On End User:
- Hospitals and Clinics
- Ambulatory Surgical Centers
- Others
Hospitals and clinics are the largest market because they are the primary healthcare institutions where surgical procedures are conducted, and the demand for surgical sutures is highest in these settings.
Based On Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
North America is the largest market in the global surgical sutures market due to its advanced healthcare infrastructure, a high volume of surgical procedures, a strong presence of leading healthcare providers, and a well-established surgical products market.
Global Surgical Sutures Market Trends:
The growing preference for absorbable sutures represents one of the key factors driving the growth of the surgical sutures market across the globe. This gradually dissolves in the body and eliminates the need for suture removal, thereby reducing the risk of infection and improving patient comfort. Innovative materials are being developed for sutures to enhance strength, flexibility, and biocompatibility, which is crucial for minimizing tissue reaction and promoting healing.
As minimally invasive surgeries gain popularity, the demand for specialized sutures that are suitable for these procedures is rising. The integration of advanced technologies like antimicrobial coatings and drug-eluting sutures is gaining traction, aiming to reduce post-surgical complications and improve healing. The expansion of healthcare infrastructure and increased access to surgical care in emerging markets are driving the demand for surgical sutures globally.
Leading Companies Operating in the Global Paper Bags Industry:
- Advanced Medical Solutions Group plc
- Braun Melsungen AG
- Boston Scientific Corporation
- CONMED Corporation
- DemeTECH Corporation
- Integra LifeSciences
- Johnson & Johnson
- Medtronic plc
- Mellon Medical B.V.
- Smith & Nephew plc
- Stryker Corporation
- Teleflex Incorporated
- Zimmer Biomet.
Ask Analyst for Customization: https://www.imarcgroup.com/request?type=report&id=4616&flag=E
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Email: [email protected]
Follow us on Twitter: @imarcglobal
LinkedIn: https://www.linkedin.com/company/imarc-group/mycompany/
About Author
