IMARC Group, a leading market research company, has recently released a report titled "Surgical Sutures Market Report by Type (Absorbable Sutures, Non-Absorbable Sutures), Material (Monofilament, Multifilament), Application (Cardiovascular Surgeries, General Surgeries, Gynecological Surgeries, Orthopedic Surgeries, Ophthalmic Surgeries, and Others), End User (Hospitals and Clinics, Ambulatory Surgical Centers, and Others), and Region 2024-2032". The study provides a detailed analysis of the industry, including the surgical sutures market share, size, trends and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
The global surgical sutures market size reached US$ 5.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 8.3 Billion by 2032, exhibiting a growth rate (CAGR) of 5.3% during 2024-2032.
Request to Get the Sample Report: https://www.imarcgroup.com/surgical-sutures-market/requestsample
Factors Affecting the Growth of the Surgical Sutures Industry:
- Rapid Technological Advancements in Surgical Sutures:
The rapid technological advancements that enhance the efficiency, safety, and efficacy of surgical procedures are bolstering the market growth. In line with this, the rising innovations in absorbable sutures, which eliminate the need for suture removal from internal tissues, are fueling the market growth. Besides this, the development of antimicrobial sutures, coated with agents like triclosan, as it helps to reduce the risk of surgical site infections (SSIs), is catalyzing the market growth. Furthermore, the integration of sutures with drug delivery mechanisms, as it allows for localized and controlled release of medications, thereby enhancing healing and reducing complications, is contributing to the market growth.
- Growing Prevalence of Chronic Diseases and Surgical Procedures:
The rising prevalence of chronic diseases, such as cardiovascular diseases, diabetes, and cancer, is a major factor enhancing the market growth. In line with this, the growing utilization of surgical sutures in cardiovascular diseases, as they frequently require procedures like coronary artery bypass grafting (CABG) and heart valve replacement, which rely on suturing techniques, is enhancing the market growth. Along with this, the increasing incidence of cancer surgeries, including tumor removals and reconstructive surgeries, is fostering the market growth. Additionally, the growing number of bariatric surgeries due to the rising obesity rates is contributing to the market growth.
- Increasing Focus on Minimally Invasive (MI) Surgical Techniques:
The increasing focus on minimally invasive (MI) surgical techniques is positively impacting the market growth. These techniques, such as laparoscopic and robotic-assisted surgeries, require specialized suturing methods and materials. In line with this, the heightened demand for sutures that are compatible with these advanced surgical techniques as healthcare providers seek to improve patient outcomes and reduce recovery times is creating a positive outlook for the market. Furthermore, the rise in robotic-assisted surgeries, which offer enhanced precision and control, boosting the need for high-quality suturing materials that can be used effectively in such procedures is providing a thrust to the market growth.
Speak to An Analyst: https://www.imarcgroup.com/request?type=report&id=4616&flag=C
Surgical Sutures Market Report Segmentation:
By Type:
- Absorbable Sutures
- Non-Absorbable Sutures
Absorbable sutures represented the largest segment due to their ability to eliminate the need for removal, reducing post-operative care requirements.
By Material:
- Monofilament
- Multifilament
Multifilament accounted for the largest market share as they offer superior knot security and flexibility, making them suitable for a wide range of surgical procedures.
By Application:
- Cardiovascular Surgeries
- General Surgeries
- Gynecological Surgeries
- Orthopedic Surgeries
- Ophthalmic Surgeries
- Others
Cardiovascular surgeries represented the largest segment, owing to the high prevalence of cardiovascular diseases and the complexity of procedures requiring reliable suturing techniques.
By End User:
- Hospitals and Clinics
- Ambulatory Surgical Centers
- Others
Hospitals and clinics constituted the largest segment due to the high volume of surgical procedures performed in these healthcare settings.
Regional Insights:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
North America's dominance in the surgical sutures market is attributed to its advanced healthcare infrastructure, high healthcare expenditure, and significant investment in medical research and development (R&D).
Global Surgical Sutures Market Trends:
The advent of smart sutures, equipped with sensors and wireless technology, that can monitor wound healing in real-time, thereby providing crucial data on parameters such as pH levels, temperature, and pressure, is catalyzing the market growth. Additionally, the ongoing trend towards personalized medicine, fostering the development of customized sutures that are tailored to individual patient needs, is boosting the market growth. Furthermore, rapid advancements in materials science, leading to the creation of sutures with superior mechanical properties, such as enhanced tensile strength and elasticity, which improve their performance in various surgical applications, are fueling the market growth.
Top Companies Operated in Surgical Sutures Industry:
- Advanced Medical Solutions Group plc
- B. 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
Key Highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you require any specific information that is not covered currently within the scope of the report, we will provide the same 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.
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
Email: [email protected]
Tel No: (D) +91 120 433 0800
United States: +1-631-791-1145