Surgical Suture Market Overview

Maximize Market Research, a leading Business Consultancy Firm, has released an in-depth analysis of the “Surgical Suture Market.” The report provides crucial business insights, including demand analysis, pricing strategies, and a detailed competitive landscape. It presents a thorough examination of the current status of the Surgical Suture market, with projections extending into the year.

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Market Growth Estimate:

Surgical Suture Market was valued at USD 4.70 Bn. in 2023 and the total Surgical Suture revenue is expected to grow at 6.1% from 2024 to 2030, reaching nearly USD 7.11 Bn.

Surgical Suture Market Scope and Methodology:

The Surgical Suture market report offers extensive information on key factors anticipated to drive industry growth as well as upcoming challenges. This research provides stakeholders with a detailed understanding of the competitive environment, notable product offerings by major companies, and potential investment opportunities within the Surgical Suture industry. The analysis covers both qualitative and quantitative aspects of the sector, incorporating a comprehensive evaluation of regional markets for the Surgical Suture Market.

The report is constructed using primary and secondary data sources, including government websites, publications, annual reports, and expert evaluations. This methodology ensures an accurate and comprehensive depiction of all critical elements of the Surgical Suture Market.

Surgical Suture Market Segmentation

The report provides a detailed segmentation of the Surgical Suture Market, highlighting key segments and sub-segments to offer a nuanced understanding of market.

by Type

Absorbable
Non-absorbable


Type-wise, the absorbable sector had the highest revenue share of almost 56% in 2023 because to its ability to withstand frequent stress and provide temporary support for wounds as they recover. Furthermore, the need for absorbable sutures is always rising, which may be connected to their natural degradability. Leading market players are investing in R&D as a result, which is anticipated to support the absorbable sector's future growth. Non-absorbable sutures have a smaller market share than absorbable sutures since they cannot decay or dissolve. When absorbable sutures are unable to meet acceptable standards, these sutures are mostly employed in hard interior locations. These sutures are usually used for long-term closures or in tissues that recover slowly.

by Filament

Cardiovascular Surgery
General Surgery
Gynecological Surgery
Orthopedic Surgery
Ophthalmic Surgery
Cosmetic & Plastic Surgery
Other


With a revenue share of more than 50% in 2023, the multifilament segment of the market was the leader in terms of filament. The multifilament category is anticipated to increase at the fastest rate throughout the projection period as well. This is because multifilament strands provide advantages including increased pliability, high tensile strength, and flexibility. Monofilament sutures are tough to work with because of their endurance, which can lead to suture crimping or crushing as well as unintended and early suture failure during surgery. Materials such as nylon, polydioxanone, prolene, and monocryl are utilized in monofilament sutures. These sutures have poor knot security but are less likely to become infected. Growth of monofilament sutures is being restricted by these factors.

by Application

Cardiovascular Surgery
General Surgery
Gynecological Surgery
Orthopedic Surgery
Ophthalmic Surgery
Cosmetic & Plastic Surgery
Other

by End-User

Hospitals
Ambulatory Surgical Centers (ASCs)
Clinics & Physician Offices

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Surgical Suture Market Regional Insights

This report includes a detailed analysis of all relevant parameters such as market size, growth rate, and import/export dynamics by region. The geographical study facilitates an understanding of the Surgical Suture market conditions across various nations. The market encompasses regions including Europe, Asia Pacific, Latin America, Africa, and the Middle East, offering a global perspective on market trends and dynamics.

Surgical Suture Market Key Players

1. Medtronic plc (US)
2. Johnson & Johnson (US)
3. Sutumed (US)
4. Vital Sutures (US)
5. Unilene (US)
6. Riverpoint Medical (US)
7. CONMED Corporation (US)
8. Boston Scientific Corporation (US)
9. DemeTECH Corporation (US)
10. Stryker Corporation (US)
11. Zimmer Biomet (US)
12. Advanced Medical Solutions Group plc (UK)
13. Smith & Nephew (UK)
14. B. Braun Melsungen (Germany)
15. Peters Surgical (France)
16. Genia SA (France)
17. Mellon Medical (Netherlands)
18. Biosintex (Romania)
19. Dolphin Sutures (India)
20. Healthium MedTech (India)
21. GPC Medical (India)
22. Lotus Surgicals (India)
23. CPT Sutures (Vietnam)
24. ARC Medical Supplies(Beijing) Co., Ltd. (China)
25. Tagumedica SA (Peru)

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Key questions answered in the Surgical Suture Market are:

  • What is Surgical Suture?
  • What is the growth rate of the Surgical Suture Market?
  • Which are the factors expected to drive the Surgical Suture market growth?
  • What is the CAGR at which the Surgical Suture market will grow during the forecast period?
  • What are the different segments of the Surgical Suture Market?
  • Which is the fastest growing region in the Surgical Suture market?

Key Offerings:

  • Market Size, Share, Size & Forecast by different segment
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis

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