Global Sutures Market
Marktgröße in Milliarden USD
CAGR : %
Prognosezeitraum |
2023 –2030 |
Marktgröße (Basisjahr) | USD 3.94 Billion |
Marktgröße (Prognosejahr) | USD 6.58 Billion |
CAGR |
|
Wichtige Marktteilnehmer |
|
>Global Sutures Market, By Product Type (Suture Threads, Automated Suturing Devices), Type (Multifilament Sutures, Monofilament Sutures), Form (Natural, Synthetic), Application (Cardiovascular Surgery, General Surgery, Gynecological Surgery, Orthopedic Surgeries, Ophthalmic Surgery, Cosmetic and Plastic Surgery, Neurological Surgery, Other Applications), End-User (Hospitals, Ambulatory Surgical Centers, Clinics and Physician Offices) – Industry Trends and Forecast to 2030.
Sutures Market Analysis and Size
In recent years, the number of surgical procedures has risen worldwide. According to the WHO's 2016 report, the global surgical rate was predicted to be 4,469 operations per 100,000 people per year, with vehicle accidents and related trauma being the most common cause of surgical treatment. Moreover, the growth determinants such as availability of advanced technologies and growing procedural safety, which increase the popularity of these procedures across the globe further leads to a significant growth opportunity to players in the surgical sutures market.
Data Bridge Market Research analyses that the Sutures market which was USD 3.94 billion in 2022, is expected to reach up to USD 6.58 billion by 2030, and is expected to undergo a CAGR of 6.6% during the forecast period. This indicates the market value. “Synthetic” dominates the form segment of the Sutures market owing to the growing demand for better methods for treatment in patients. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Sutures Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2023 to 2030 |
Base Year |
2022 |
Historic Years |
2021 (Customizable to 2015-2020) |
Quantitative Units |
Revenue in USD Billion, Volumes in Units, and Pricing in USD |
Segments Covered |
Product Type (Suture Threads, Automated Suturing Devices), Type (Multifilament Sutures, Monofilament Sutures), Form (Natural, Synthetic), Application (Cardiovascular Surgery, General Surgery, Gynecological Surgery, Orthopedic Surgeries, Ophthalmic Surgery, Cosmetic and Plastic Surgery, Neurological Surgery, Other Applications), End-User (Hospitals, Ambulatory Surgical Centers, Clinics and Physician Offices) |
Countries Covered |
U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, Rest of Middle East and Africa |
Market Players Covered |
Johnson & Johnson Private Limited (U.S.), Medtronic (Ireland), B. Braun Melsungen AG (Germany), Smith+Nephew (U.K), Boston Scientific Corporation (U.S.), BD (U.S.), DemeTECH Corporation (U.S.) Peters Surgical (France), Siemens (Germany), DemeTECH Corporation (U.S.), Thermo Fisher Scientific Inc., (U.S.), Apollo Endosurgery, Inc. (U.S.), Corza Medical (U.S.), Ergon Sutramed S.r.l. (Italy), CONMED Corporation (U.S.), Zimmer Biomet (U.S.), W. L. Gore & Associates, Inc. (U.S.) Integra LifeSciences Corporation (U.S.), Medline Industries, Inc. (U.S.) and Mellon Medical B.V. (Netherlands), among others |
Market Opportunities |
|
Market Definition
The suture is one of doctor’s most common medical devices during surgery. After an accident or surgery, a suture keeps the body's tissues together by maintaining their structural integrity or holding them together as required. A needle and a connected thread are typically used to perform a suture. Medical practitioners now generally utilize surgical sutures of various sizes, shapes, and thread materials, depending on the intricacy of the surgery to be conducted.
Global Sutures Market Dynamics
Drivers
- Increasing Surgical Procedures
The growing global population, along with an aging population, has led to a rise in surgical procedures. Sutures are an essential component in various surgical interventions, including general surgeries, cardiovascular surgeries, orthopedic surgeries, and more. The increasing number of surgical procedures directly drives the demand for sutures.
- Rising Chronic Diseases and Injuries
The prevalence of chronic diseases, such as cardiovascular diseases, cancer, and diabetes, has been increasing globally. These conditions often require surgical interventions, including sutures for wound closure. In addition, the rise in traumatic injuries, accidents, and sports-related injuries also drives the demand for sutures.
Opportunities
- Advanced Wound Closure Technologies
Advancements in wound closure technologies, such as tissue adhesives, staples, and surgical sealants, provide opportunities for the sutures market. These technologies offer alternative methods for wound closure and tissue approximation, reducing the reliance on traditional sutures. Manufacturers can explore innovative sutures that integrate with these advanced technologies or develop their own advanced wound closure solutions.
- Biodegradable and Absorbable Sutures
There is a growing demand for biodegradable and absorbable sutures, as they eliminate the need for suture removal and reduce the risk of complications. Manufacturers can focus on developing sutures with enhanced biodegradability and absorption rates, and improved tensile strength, to cater to this demand.
Restraints/Challenges
- Availability of Alternative Wound Closure Methods
The availability of alternative wound closure methods, such as surgical staples, tissue adhesives, and surgical sealants, poses a challenge to the sutures market. These alternatives offer advantages such as faster application, reduced tissue trauma, and improved cosmetic outcomes. Manufacturers need to adapt and innovate to stay relevant in the face of these alternatives.
- Risk of Surgical Site Infections
Surgical site infections (SSIs) are a significant concern in healthcare settings. While sutures play a crucial role in wound closure, they can also contribute to the risk of SSIs if not used properly or if contaminated. Manufacturers need to focus on developing sutures with antimicrobial coatings or incorporating infection prevention features to address this challenge.
This sutures market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Sutures market contact Data Bridge Market Research for an analyst brief, our team will help you make an informed market decision to achieve market growth.
Recent Developments
- In May 2021, Ethicon announced the launch of STRATAFIX™ Spiral PDS™ Plus Knotless Tissue Control Device in the (U.S.). This device is designed to provide secure tissue approximation and eliminate the need for knot tying in certain surgical procedures.
- In February 2021, B. Braun announced the launch of its SUTUMED COATED VICRYL® Plus antibacterial sutures in Europe. These sutures are coated with triclosan, an antimicrobial agent, to help reduce the risk of surgical site infections
- In June 2021, Surgical Specialties Corporation announced the launch of its Quill™ PDO MAX knotless tissue-closure device in the (U.S.). This device combines the benefits of barbed sutures with a larger suture size, providing enhanced strength and security for wound closure
- In September 2020, Smith+Nephew, a worldwide medical technology company, announced the introduction of its NOVOSTITCH PRO Meniscal Repair System in Europe. The NOVOSTITCH PRO Meniscal Repair System provides meniscal repair choices to about 600,0001 European patients each year who previously only had the option of having their menisci removed. The NOVOSTITCH PRO Meniscal Repair System was created to allow surgeons to repair more meniscal tears and bridge the gap after a meniscectomy
Global Sutures Market Scope
The sutures market is segmented on the basis of product type, type, form, application and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Suture Threads
- Automated Suturing Devices
Type
- Multifilament Sutures
- Monofilament Sutures
Form
- Natural
- Synthetic
Application
- Cardiovascular Surgery
- General Surgery
- Gynecological Surgery
- Orthopedic Surgeries
- Ophthalmic Surgery
- Cosmetic and Plastic Surgery
- Neurological Surgery
- Other Applications
End-User
- Hospitals
- Ambulatory Surgical Centers
- Clinics and Physician Offices
Global Sutures Market Regional Analysis/Insights
The global Sutures market is analysed and market size insights and trends are provided by product type, type, form, application and end-user as referenced above.
The countries covered in the sutures market report are U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, Rest of Middle East and Africa.
North America dominates the sutures market because of the strong base of healthcare facilities, the strong presence of major players in the market, the extraordinary healthcare infrastructure, and the large pool of people having chronic illnesses and injuries
Asia-Pacific is expected to witness significant growth during the forecast period of 2023 to 2030 due to the increase in government initiatives to promote healthcare, the rising health awareness among the people and growing demand for advanced medical technology for diagnosis and treatment procedures, the large population pool, and the growing demand for quality healthcare in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as down-stream and up-stream value chain analysis, technical trends, and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
The sutures market also provides you with a detailed market analysis for every country's growth in healthcare expenditure for capital equipment, installed base of different kinds of products for the sutures market, the impact of technology using lifeline curves and changes in healthcare regulatory scenarios and their impact on the sutures market. The data is available for historic period 2015 to 2020.
Competitive Landscape and Sutures Market Share Analysis
The sutures market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width, and breadth, application dominance. The above data points provided are only related to the company's focus related to the sutures market.
Some of the major players operating in the sutures market are:
- Johnson & Johnson Private Limited (U.S.)
- Medtronic (Ireland)
- B. Braun Melsungen AG (Germany)
- Smith+Nephew (U.K)
- Boston Scientific Corporation (U.S.)
- BD (U.S.)
- DemeTECH Corporation (U.S.)
- Peters Surgical (France)
- Siemens (Germany)
- DemeTECH Corporation (U.S.)
- Thermo Fisher Scientific Inc., (U.S.)
- Apollo Endosurgery, Inc. (U.S.)
- Corza Medical (U.S.)
- Ergon Sutramed S.r.l. (Italy)
- CONMED Corporation (U.S.)
- Zimmer Biomet (U.S.)
- W. L. Gore & Associates, Inc. (U.S.)
- Integra LifeSciences Corporation (U.S.)
- Medline Industries, Inc. (U.S.)
- Mellon Medical B.V. (Netherlands)
SKU-
Erhalten Sie Online-Zugriff auf den Bericht zur weltweit ersten Market Intelligence Cloud
- Interaktives Datenanalyse-Dashboard
- Unternehmensanalyse-Dashboard für Chancen mit hohem Wachstumspotenzial
- Zugriff für Research-Analysten für Anpassungen und Abfragen
- Konkurrenzanalyse mit interaktivem Dashboard
- Aktuelle Nachrichten, Updates und Trendanalyse
- Nutzen Sie die Leistungsfähigkeit der Benchmark-Analyse für eine umfassende Konkurrenzverfolgung
Forschungsmethodik
Die Datenerfassung und Basisjahresanalyse werden mithilfe von Datenerfassungsmodulen mit großen Stichprobengrößen durchgeführt. Die Phase umfasst das Erhalten von Marktinformationen oder verwandten Daten aus verschiedenen Quellen und Strategien. Sie umfasst die Prüfung und Planung aller aus der Vergangenheit im Voraus erfassten Daten. Sie umfasst auch die Prüfung von Informationsinkonsistenzen, die in verschiedenen Informationsquellen auftreten. Die Marktdaten werden mithilfe von marktstatistischen und kohärenten Modellen analysiert und geschätzt. Darüber hinaus sind Marktanteilsanalyse und Schlüsseltrendanalyse die wichtigsten Erfolgsfaktoren im Marktbericht. Um mehr zu erfahren, fordern Sie bitte einen Analystenanruf an oder geben Sie Ihre Anfrage ein.
Die wichtigste Forschungsmethodik, die vom DBMR-Forschungsteam verwendet wird, ist die Datentriangulation, die Data Mining, die Analyse der Auswirkungen von Datenvariablen auf den Markt und die primäre (Branchenexperten-)Validierung umfasst. Zu den Datenmodellen gehören ein Lieferantenpositionierungsraster, eine Marktzeitlinienanalyse, ein Marktüberblick und -leitfaden, ein Firmenpositionierungsraster, eine Patentanalyse, eine Preisanalyse, eine Firmenmarktanteilsanalyse, Messstandards, eine globale versus eine regionale und Lieferantenanteilsanalyse. Um mehr über die Forschungsmethodik zu erfahren, senden Sie eine Anfrage an unsere Branchenexperten.
Anpassung möglich
Data Bridge Market Research ist ein führendes Unternehmen in der fortgeschrittenen formativen Forschung. Wir sind stolz darauf, unseren bestehenden und neuen Kunden Daten und Analysen zu bieten, die zu ihren Zielen passen. Der Bericht kann angepasst werden, um Preistrendanalysen von Zielmarken, Marktverständnis für zusätzliche Länder (fordern Sie die Länderliste an), Daten zu klinischen Studienergebnissen, Literaturübersicht, Analysen des Marktes für aufgearbeitete Produkte und Produktbasis einzuschließen. Marktanalysen von Zielkonkurrenten können von technologiebasierten Analysen bis hin zu Marktportfoliostrategien analysiert werden. Wir können so viele Wettbewerber hinzufügen, wie Sie Daten in dem von Ihnen gewünschten Format und Datenstil benötigen. Unser Analystenteam kann Ihnen auch Daten in groben Excel-Rohdateien und Pivot-Tabellen (Fact Book) bereitstellen oder Sie bei der Erstellung von Präsentationen aus den im Bericht verfügbaren Datensätzen unterstützen.