By Type of Suture (Absorbable, Non-Absorbable), Animal Type (Large Animal, Small Animal), Application (Soft Tissue Surgery, Gynaecology, and Urology Surgery, Orthopaedic Surgery, Others), End User (Hospitals, Veterinary Clinics, Others) – Industry Trends and Forecast to 2030.
Veterinary Surgical Sutures Market Analysis and Size
Sutures are a type of stitches or stitch series that are used to secure surgical or traumatic wound edges. Suture is a material filament that is used to connect the edges of the tissue and offer the wound artificial support as it heals. Veterinary surgical sutures are used after the animal has undergone surgery. It is considered one of the most important and preferred surgical instruments or devices while carrying out surgeries or closure of wounds.
Data Bridge Market Research analyses that the global veterinary surgical sutures market which was USD 134.56 million in 2022, would rocket up to USD 428.56 million by 2030, and is expected to undergo a CAGR of 5.29% during the forecast period. This indicates that the market value. “Absorbable” is expected to dominate the type of suture segment of the veterinary surgical sutures market owing to the rise in pet adoption. 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.
Veterinary Surgical Sutures Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type of Suture (Absorbable, Non-Absorbable), Animal Type (Large Animal, Small Animal), Application (Soft Tissue Surgery, Gynaecology, and Urology Surgery, Orthopaedic Surgery, Others), End User (Hospitals, Veterinary Clinics, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Market Players Covered
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Medtronic plc (Ireland), Johnson & Johnson (US), 3M Company (US), B. Braun Melsungen AG (Germany), Ethicon, Inc. (US), Teleflex Incorporated (US), Smith & Nephew plc (UK), Conmed Corporation (US), Boston Scientific Corporation (US), Integra Lifesciences Holdings Corporation (US), Sutures India Pvt. Ltd. (India), Lotus Surgicals Pvt. Ltd. (India), Assut Medical Sarl (Switzerland), Péters Surgical (France), Surgical Specialties Corporation (US), among others
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Market Opportunities
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Market Definition
Veterinary surgical sutures are specialized medical devices used in veterinary surgery to close wounds, incisions, or surgical openings in animals. These sutures are sterile threads or fibers made of various materials, such as silk, nylon, polypropylene, or absorbable materials like polyglycolic acid (PGA) or polydioxanone (PDS). Veterinary surgical sutures are designed to promote wound healing provide tissue support, and secure proper closure during and after surgical procedures in animals. They play a crucial role in ensuring the successful recovery and well-being of animals post-surgery.
Veterinary Surgical Sutures Market Dynamics
Drivers
- Increasing Pet Population
The growing pet population globally is a significant driver for the veterinary surgical sutures market. As more people adopt pets and consider them integral members of their families, the demand for veterinary care and surgical procedures, including the use of sutures, rises.
- Advancements in Veterinary Healthcare
Technological advancements in veterinary healthcare, such as minimally invasive surgical techniques, laser surgery, and the development of innovative suture materials, contribute to the adoption of veterinary surgical sutures. These advancements improve surgical outcomes, minimize complications, and enhance the overall quality of veterinary care.
- Rising Prevalence of Chronic Diseases
Animals, like humans, can develop various chronic diseases such as cancer, orthopedic disorders, and cardiovascular conditions. The increasing prevalence of these diseases in animals necessitates surgical interventions, driving the demand for veterinary surgical sutures.
Opportunities
- Pet Adoption and Human-Animal Bond
The increasing trend of pet adoption and the strengthening of the human-animal bond create opportunities for the veterinary surgical sutures market. As more people bring pets into their homes, the demand for veterinary care, including surgical interventions, is expected to rise, presenting growth opportunities for sutures.
- Growing Awareness of Animal Health
Rising awareness about the importance of animal health and the role of veterinary care drives the demand for advanced surgical interventions. This increased awareness, coupled with a focus on preventive healthcare, opens avenues for the utilization of veterinary surgical sutures
Restraints/Challenges
- High costs
Advanced veterinary surgical procedures can be expensive, including the cost of sutures. The high costs associated with veterinary care, surgical equipment, and specialized training may limit the accessibility and affordability of surgical interventions, including the utilization of veterinary surgical sutures.
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Post-Surgical Complications
Animals may experience post-surgical complications, such as infections, wound dehiscence, or suture-related issues. The occurrence of such complications necessitates careful monitoring, management, and prompt intervention, which can pose challenges to veterinary professionals and impact the market.
This veterinary surgical sutures market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, 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 veterinary surgical sutures market Contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Developments
- In December 2022, li Lilly and Company (NYSE: LLY) and ProQR Therapeutics N.V. (Nasdaq: PRQR), today announced the expansion of their licensing and collaboration agreement to Expand RNA Editing Collaboration
- In November 2020, Ionis Pharmaceuticals, Inc. (NASDAQ: IONS) announced the accomplished Ionis scientists will highlight the company's pioneering advancements in research and drug development in antisense technology during the RNA at the Bench and Bedside II Conference.
Global Veterinary Surgical Sutures Market Scope
The veterinary surgical sutures market is segmented on the basis of type of suture, animal type, 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.
Type of Suture
- Absorbable
- Non-Absorbable
Animal Type
- Large Animal
- Small Animal
Application
- Soft Tissue Surgery
- Gynaecology
- Urology Surgery
- Orthopaedic Surgery
- Others
End User
- Hospitals
- Veterinary Clinics
- Others
Veterinary Surgical Sutures Market Regional Analysis/Insights
The Veterinary Surgical Sutures Market is analysed and market size insights and trends are provided by country, type of suture, animal type, application and end user as referenced above.
The countries covered in the Veterinary Surgical Sutures Market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America is expected to dominate the veterinary surgical sutures market due to the early introduction of developed products of veterinary sutures and the presence of major players along with the high adoption of pets in the region.
Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2021 to 2028 due to the rapid adoption of new techniques such as advanced diagnostic services and the increasing geriatric pet population.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream 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 veterinary surgical sutures market also provides you with a detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for the veterinary surgical sutures market, the impact of technology using lifeline curves and changes in healthcare regulatory scenarios and their impact on the veterinary surgical sutures market. The data is available for the historic period 2010-2020.
Competitive Landscape and Veterinary Surgical Sutures Market Share Analysis
The veterinary surgical sutures market competitive landscape provides details by competitor. 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 companies' focus related to veterinary surgical sutures market.
Some of the major players operating in the veterinary surgical sutures market are:
- Medtronic plc (Ireland)
- Johnson & Johnson (U.S.)
- 3M Company (U.S.)
- B. Braun Melsungen AG (Germany)
- Ethicon, Inc. (U.S.)
- Teleflex Incorporated (U.S.)
- Smith & Nephew plc (U.K.)
- Conmed Corporation (U.S.)
- Boston Scientific Corporation (U.S.)
- Integra Lifesciences Holdings Corporation (U.S.)
- Sutures India Pvt. Ltd. (India)
- Lotus Surgicals Pvt. Ltd. (India)
- Assut Medical Sarl (Switzerland)
- Péters Surgical (France)
- Surgical Specialties Corporation (U.S.)
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