NEW YORK, Dec. 11, 2023 /PRNewswire/ — The Surgical Sutures Market by Product, End-user, and Geography – Forecast and Analysis 2023-2027 report has been published by Technavio. Market growth is estimated to accelerate at a CAGR of 4.68% and register an incremental growth of USD 1.10 billion during the forecast period. By region, the global surgical sutures market is segmented into North America, Europe, Asia, and Rest of World (ROW). North America will account for 36% of the market’s growth during the forecast period. The favorable reimbursement policies, increasing expenditures in health care, growing awareness about chronic diseases, and the rise in the number of product approvals are driving the growth of the regional market.The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. Download a PDF Sample Report
Company Profiles
The surgical sutures market report includes information on the key products and recent developments of leading vendors, including:
- Boston Scientific Corp: The company offers surgical sutures such as Fixate Tissue Band, Clik Anchor, and OMG Connector.
- GPC Medical Ltd: The company offers surgical sutures such as GPCSYNTH PDS monofilament synthetic absorbable sutures.
- Integra Lifesciences Holdings Corp: The company offers surgical sutures such as Gut Suture under the brand Miltex.
- Johnson and Johnson: The company offers surgical sutures such as Gut Suture under the brand Miltex.
- Lotus Surgicals Pvt. Ltd: The company offers surgical sutures such as Solus, Mass, and Monolus.
- Lux Sutures AS
- Medtronic Plc
- Orion Sutures India Pvt Ltd.
- Peters Surgical
- Smith and Nephew plc
- Surgical Specialties Corp.
- Sutcon Sutures
- Teleflex Inc.
- Theragenics Corp.
- Unisur Lifecare Pvt. Ltd.
- To gain access to more vendor profiles available with Technavio, buy the report!
Market Dynamics
The market is driven by factors such as the increase in the volume of surgeries, the growing demand for natural and antimicrobial coating surgical sutures, and the growing popularity of single-use and automated suturing devices. However, the growing preference for MIS is hindering the market growth.
Competitive Analysis
The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, and growth in market share, among others. Request a Sample
Market Segmentation
- By product, the market is segmented into absorbable surgical sutures, non-absorbable surgical sutures, and suture-assist devices. The absorbable surgical sutures segment accounted for the largest share of the market.
- By geography, the market is segmented into North America, Europe, Asia, and Rest of World (ROW). North America held the largest share of the market.
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What are the key data covered in this surgical sutures market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the surgical sutures market between 2023 and 2027
- Precise estimation of the size of the surgical sutures market and its contribution to the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the surgical sutures market across North America, Europe, Asia, and Rest of World (ROW)
- A thorough analysis of the market’s competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of the surgical sutures market vendors
TOC
- Executive Summary
- Market Landscape
- Market Sizing
- Historic Market Size
- Five Forces Analysis
- Market Segmentation by Product
- Market Segmentaion by End-User
- Customer Landscape
- Geographic Landscape
- Drivers, Challenges, and Trends
- Company Landscape
- Company Analysis
- Appendix
About US
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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