Global Surgical Suture Market was valued US$3.9 Bn in 2017 and is estimated to reach US$6.7 Bn by 2026 at a CAGR of 6.2%.
Surgical suture market is segmented by type, material, application, end user, and region. Based on end users, the surgical suture market is classified by hospitals, clinics, and others. Hospital segment is estimated to holds largest share of the market in forecast period due to the number of patientâ€™s depends on the hospitals for the treatment of various diseases. In terms of type, surgical suture market is divided into absorbable sutures and non-absorbable. Absorbable sutures segment holds the largest market of a surgical suture during the forecast period due to its biodegradable properties.
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Rising incidences of chronic diseases, increasing road accidents and chronic incidences, growing developments of automated products, increasing aging population and volumes of patients, growing healthcare expenditure, rising number of surgeries & incidences of burns, increasing innovation of new products, and growing numbers of hospitals and healthcare infrastructure and at the same time lack innovation of surgical suture products and side effects of surgical suture will hinder the market of surgical suture.
In terms of region, North America expected to hold the largest share of a market in forecast period due to developed healthcare infrastructure, rising incidences of chronic diseases, and growing aging population. Followed by Europe, Asia Pacific, Latin America, and Middle East & Africa.
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Key playerâ€™s studies, analyzed, profiled and benchmarked in surgical suture market are Smith & Nephew, Johnson and Johnson, Covidien, 3M healthcare, Derma Sciences, SMB Corporation, Dolphin Sutures, Molnlycke healthcare, Lotus Surgicals, Riverpoint Medical, B Barun Melsungen AG, Medtronic PLC, DemeTECH Corporation, Sutures India Pvt. Ltd., Zipline Medical, Inc., Peters Surgical, EndoEvolution, LLC, Ethicon Inc., International Farmaceutica, S.A.de C.V, Conmed Corporation, Teleflex Incorporated, and W.L. Gore and Associate.
Scope of Global Surgical Suture Market:
Global Surgical Suture Market, by Type
o Natural Sutures
o Synthetic Sutures
o Nylon Sutures
o Polypropylene Sutures
o Stainless Steel Sutures
Global Surgical Suture Market, by Material
Multifilament synthetic sutures
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Global Surgical Suture Market, by Application
Global Surgical Suture Market, by End Users
Global Surgical Suture Market, by Region
Middle East & Africa
Key Players in Global Surgical Suture Market:
Smith & Nephew
Johnson and Johnson
B Barun Melsungen AG
Sutures India Pvt. Ltd.
Zipline Medical Inc.
W.L. Gore and Associate