• Blog
  • Absorbable Surgical Sutures Market Report

    Absorbable Surgical Sutures Market Report

    Absorbable Surgical Sutures Market Report
    Report code - SRHL148 Delivery - 2 Weeks
    Get Free Sample |
    Absorbable Surgical Sutures Market Size, Share, Trend, Forecast, & Industry Analysis: See more...

    Market Insights

    Absorbable Surgical Sutures Market is likely to witness a steady CAGR of over 5%, during the forecast period. Over the years, there has been a growth in health conditions related to skin and peripheral vascular surgery, which has boosted the growth of the market for absorbable surgical sutures. Furthermore, the growing elderly population and increasing prevalence of musculoskeletal diseases are expected to have a significant impact on the market demand, thus fueling the growth of the market over the forecast period.

    Absorbable Surgical Sutures Market – Snapshot

    Growth

    5% for the next five years

    Major Structure Type

    Multifilament Sutures

    Dominant End-User Type

    Hospitals

    Region with the highest demand

    North America

    Key Players

    3M Healthcare, B. Braun Melsungen AG, Boston Scientific Corporation, DemeTECH Corporation, EndoEvolution, LLC, Ethicon Inc., Johnson & Johnson Private Limited, Medtronic Plc, Smith & Nephew Plc, and Sutures India Pvt. Ltd.

    Segments' Analysis

    Absorbable Surgical Sutures Market Share: By Structure Type

    Based on the structure type, the market is segmented as monofilament sutures and multifilament sutures. The multifilament sutures segment is likely to grow at an exponential CAGR, during the forecast period, largely owing to the increasing demand from complex surgeries, rising geriatric population, and favorable hospital treatment policies.

    Absorbable Surgical Sutures Market Share: By End-User Type

    Based on the end-user type, the market is segmented as hospitals, clinics, ambulatory surgery centers, and others. The hospitals segment is expected to lead the market over the forecast period. The segment's growth is owing to the increasing number of complex surgeries performed in hospitals, an increase in the geriatric population, favorable reimbursement policies for treatments in hospitals, and the growing number of new hospitals, particularly in emerging economies.

    Absorbable Surgical Sutures Market Share: By Region

    In terms of regions, the market is segmented as North America, Europe, Asia-Pacific, and Rest of the World. Among these regions, North America is expected to be the dominant region throughout the forecast period. The market growth in this region is majorly due to advanced medical technologies, growing healthcare sector, and favorable government policies for various surgical procedures. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

     

    Market Scope & Segmentation

    Absorbable surgical sutures are stitches made of materials that the body can absorb naturally over time. They're made of materials like the fibers that line animal intestines or synthetic polymers that dissolve easily in the body.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Absorbable Surgical Sutures Market Research Report - Features

    Market Segmentation

    5

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The absorbable surgical sutures market is segmented into the following categories. 

    Absorbable Surgical Sutures Market Size, Share, & Forecast, by Product Type:

    • Synthetic Sutures
      • Regional Analysis: North America, Europe, Asia-Pacific, and RoW
      • Type Analysis: Poliglecaprone Suture (Monocryl), Vicryl, and Polydioxanone Suture (PDS)
    • Natural Sutures
      • Regional Analysis: North America, Europe, Asia-Pacific, and RoW
      • Type Analysis: Collagen, Catgut Suture, and Polyglycolic Acid Suture

    Absorbable Surgical Sutures Market Size, Share, & Forecast, by Application Type:

    • General Surgery (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Cardiovascular Surgeries (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Gynecological Surgeries (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Orthopedic Surgeries (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Absorbable Surgical Sutures Market Size, Share, & Forecast, by Structure Type:

    • Monofilament Sutures (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Multifilament Sutures (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Absorbable Surgical Sutures Market Size, Share, & Forecast, by End-User Type:

    • Hospitals (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Clinics (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Ambulatory Surgery Centers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Absorbable Surgical Sutures Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Key Players

    Some of the key players in the absorbable surgical sutures market are-

    • 3M Healthcare
    • B. Braun Melsungen AG
    • Boston Scientific Corporation
    • DemeTECH Corporation
    • EndoEvolution, LLC
    • Ethicon Inc.
    • Johnson & Johnson Private Limited
    • Medtronic Plc
    • Smith & Nephew Plc
    • Sutures India Pvt. Ltd.

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation by any one of the product types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com

    Frequently Asked Questions (FAQs)

    The absorbable surgical sutures market is expected to witness an impressive growth of 5% CAGR in the coming years.

    3M Healthcare, B. Braun Melsungen AG, Boston Scientific Corporation, DemeTECH Corporation, EndoEvolution, LLC, Ethicon Inc., Johnson & Johnson Private Limited, Medtronic Plc, Smith & Nephew Plc, and Sutures India Pvt. Ltd are among the key players in the absorbable surgical sutures market.

    The multifilament sutures segment is expected to grow at an exponential CAGR in the absorbable surgical sutures market in the next five years.

    The hospitals segment is expected to lead the absorbable surgical sutures market in the coming five years.

    North America is expected to be the dominant region in the absorbable surgical sutures market in the foreseeable future.

    The growing elderly population and increasing prevalence of musculoskeletal diseases are the factors driving the growth of absorbable surgical sutures market.