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Home » Healthcare » Surgical Sutures Market Size, Global Share | Growth 2030

Surgical Sutures Market By Type (Automated Suturing Devices and Sutures), Material (Hospitals, Ambulatory Surgical Centers (ASCs), Clinics & Physician Offices), Application (Cardiovascular Surgeries, General Surgeries, Gynecological Surgeries, Orthopedic Surgeries, Ophthalmic Surgeries, Other Surgeries), By Geography, Segment revenue estimation, Forecast, 2021-2030

Published On: Mar-2022   |   Base Year: 2021   |   No Of Pages: 140   |   Historical Data: 2017 - 2020   |   Formats: PDF   |   Report ID: 81621365

Report DescriptionTable of Contents

Industry Report and Statistics

The global surgical sutures market will witness a robust CAGR of 6.23%, valued at $4.04 billion in 2021, expected to appreciate and reach $6.97 billion by 2030, confirms Strategic Market Research. 

 

Key Industry Drivers

  • The rising geriatric population, rising disposable income, availability of new technologies, and growing procedural safety have all contributed to an increase in cosmetic and aesthetic operations in recent years. The global popularity of these treatments creates a substantial development opportunity for surgical suture market participants. According to the American Society of Plastic Surgeons (ASPS), the number of cosmetic surgeries performed in the United States increased by 1% between 2016 and 2017, with 17.9 million surgical and minimally invasive treatments conducted in 2017. In Europe, the pattern was similar, with increases of 134 percent in Italy, 0.5 percent in France, and 9% in Germany.

  • An increase in the number of cosmetic treatments and technological advancements such as hybrid fractional lasers and cryolipolysis are driving the market significantly. The number of cosmetic surgeries performed in 2019 is 7.4% higher than in 2018.

  • With the growing use of veterinary surgical sutures, antimicrobial suture, Internasal suture, vicryl suture, prolene suture, ethilon suture, nylon suture, simple interrupted suture, non-absorbable sutures, polypropylene suture, polyglycolic acid suture, absorbable suture, surgical thread, quill suture, suture knot, polyester suture, silk suture, continuous interlocking suture, single interrupted suture, nylon monofilament suture, intermittent suture, muscle suture, monoderm suture, plastic sutures, suture holding forceps the market for surgical Sutures Market is expected to rise drastically.

 

surgical sutures market by share 2020-2030

 

Restraint

  • Surgical sutures can be replaced by topical skin adhesives, hemostatic and sealing agents, and wound closure devices (like stapling devices, ligating clips, and wound closure strips). This availability of alternate wound care management solutions and increasing demand for minimally invasive treatments are poised to hamper the market's growth to some extent.

 

Opportunity

  • Many governments in the emerging economies are working to ensure that health insurance is available to a larger number of people in their respective countries so that they can receive adequate healthcare facilities. In such economies, these factors increase the chances for the Suture market to flourish across the globe.

 

Market Analysis Of Different Segments Covered in the Report

Based on Product Type

  • Automated Suturing Devices

    • Disposable Automated Suturing Devices

    • Reusable Automated Suturing Devices

  • Sutures

    • Absorbable Sutures

      • Natural Sutures

      • Synthetic Sutures

        • Vicryl Sutures

        • Monocryl Sutures

        • Polydioxanone Sutures

        • Polyglycolic Sutures

        • Others

    • Nonabsorbable Sutures

      • Nylon Sutures

      • Prolene Sutures

      • Stainless Steel Sutures

      • Others

 

Based on Application

  • Cardiovascular Surgeries

  • General Surgeries

  • Gynaecological Surgeries

  • Orthopaedic Surgeries

  • Ophthalmic Surgeries

  • Other Surgeries

 

surgical sutures market by end user 2020-2030

 

Based on End-User

  • Hospitals

  • Ambulatory Surgical Centers (ASCs)

  • Clinics & Physician Offices

 

Regional Coverage Analysis

North America

  • United States

  • Canada

  • Mexico

 

Europe

  • Germany

  • France

  • Italy

  • Switzerland

  • U.K.

  • Rest of Europe

 

Asia-Pacific

  • Japan

  • China

  • India

  • Rest of Asia-Pacific

 

LAMEA

  • Brazil

  • Israel

  • South Africa

  • Saudi Arabia

  • Rest of LAMEA

 

surgical sutures market by region 2020-2030

 

Regarding product type, the 'suture market segment accounted for 82.6 percent of the market share in 2020. The higher market share of this sector is due to the greater preference for suture threads for wound closure and their relative economic viability. Also, it can be used in various surgical procedures, including minimally invasive surgeries, open surgeries, and female urogenital surgeries.

 

Based on Application, in 2020, the cardiovascular surgery sector accounted for the greatest proportion of the surgical sutures market, with 30.4 percent. The increasing incidence of cardiovascular disease has resulted in many cardiovascular procedures conducted around the world, which accounts for the largest share of this category (CVD). This segment's substantial market share is due to an increase in the number of cardiovascular surgeries conducted worldwide due to the rising number of cardiovascular disorders.

 

In 2020, the 'hospitals' category had the biggest market share of 74.7 percent based on end-users. The expanding number of sophisticated surgeries conducted in hospitals, the growing geriatric population, attractive payment policies for hospital treatments, and the increasing number of new hospitals, especially in emerging nations, contribute to this segment's size. Also, some of the causes for this segment's market domination include an increase in the number of accidents needing hospital surgery, an increase in the senior population count, and an increase in the number of cosmetic procedures.

 

North America held the largest global surgical sutures market share in 2020, accounting for 47.4 percent. The increasing geriatric population, rising prevalence of lifestyle diseases, favorable healthcare reforms, an increase in the adoption of advanced absorbable & antibacterial coated sutures, a rise in the number of chronic diseases, progress in the wound management sector, and the growing number of surgical procedures performed are all factors contributing to this region's large share. Due to the increasing prevalence in demand for sophisticated surgical technologies, the U.Saccounted for the largest portion of the Surgical Suture Market. Investment in the R&D industry in the United States and Canada has been slow, but it is expected to pick up throughout the projected period. Moreover, due to the region's developing medical tourism business, rising prevalence of chronic diseases, and advantageous reimbursement scenario, the Asia Pacific region is expected to grow at the highest CAGR of 8.8% during the projection period. Furthermore, major surgical suture makers are focusing on acquiring competitive advantage in these high-growth countries, which is helping the Asia Pacific market develop. In addition, as the incidence of chronic disease rises, the demand for surgical operations also rises. Countries such as Japan and China have seen noticeable improvements in the Suture Market, contributing to the Asia-Pacific region's forecast of the highest CAGR throughout the projected period. According to the WHO's 2016 report, the global surgical rate was predicted to be 4,469 operations per 100,000 people per year, with vehicle accidents being the most common cause of surgical treatment. According to the E.C. Factsheet 2017, there are approximately 174 fatalities per million people worldwide each year. Furthermore, according to WHO figures, approximately 1.3 million people die on the roadways yearly.

 

Surgical Sutures Market Competitive Landscape Analysis

The key players profiled in the research report are

 

Surgical Sutures Market Report Coverage

Report Attribute

Details

Forecast Period

2021 - 2030

The market size value in 2021

USD 4.04 billion

The revenue forecast in 2030

USD 6.97 billion

Growth rate

CAGR of approximately 6.23%

The base year for estimation

2021

Historical data

2017 – 2020

Unit

USD Billion, CAGR (2021 - 2030)

Segmentation

By Product Type, By Application, By End-User, By Region

By Product Type

Automated Suturing Devices (Disposable Automated Suturing Devices, Reusable Automated Suturing Devices), Sutures (Absorbable Sutures, Natural Sutures, Synthetic Sutures(Vicryl Sutures, Monocryl Sutures, Polydioxanone Sutures, Polyglycolic Sutures, Others), Nonabsorbable Sutures (Nylon Sutures, Prolene Sutures, Stainless Steel Sutures, Others))

By Application

Cardiovascular Surgeries, General Surgeries, Gynaecological Surgeries, Orthopaedic Surgeries, Ophthalmic Surgeries, Other Surgeries

By End-User

Hospitals, Ambulatory Surgical Centers (ASCs), Clinics & Physician Offices

By Region

North America, Europe, Asia-Pacific, LAMEA

Country Scope

United States of America, Mexico, United Arab Emirates, United Kingdom, Germany, France, Canada, China, India, Japan, South Korea, Brazil, Argentina, Saudi Arabia, South Africa

Company Usability Profiles

Thermo Fisher Scientific Inc., QIAGEN NV, Bio-Rad Laboratories Inc., Illumina Inc., Merck Millipore, Becton, Dickinson & Company, Fluidigm Corporation, 10x Genomics, Inc., BGINovogene Corporation

 

Recent Developments

  • On August 12th, 2022, a group of Swedish scientists developed an artificial cornea from the collagen of a pig, which can restore the eyesight of blind people. The scientists announced that they are developing some highly advanced eye suture technologies to implement this cornea on blind people. But as it is a foreign tissue for the Homo sapiens, hence after undergoing surgery, they must visit the clinic regularly for a year to receive immune-suppressive eye drops for adjusting and removing the surgical sutures.

  • In April 2021, Dolphin Sutures, a global leader in surgical sutures, introduced a non-absorbable polytetrafluorethylene (PTFE) suture. PTFE is a robust material that knots easily and is biologically inert.

  • In September 2020, Smith & Nephew (UK) introduced the NOVOSTITCH PRO Meniscal Repair System, which is an automated suturing device.

  • In December 2020, the X-Tack endoscopic HeliX appending system was approved by the US FDA, allowing Apollo Endosurgery, Inc. to broaden the use of this unique technique.

  • In December 2019, AMS (U.K.) purchased Biomatlante (France), a surgical biomaterials manufacturer, intending to bolster the company's product portfolio, R&D pipeline, and market access.

 

The Key Products that the Market Leaders Develop

Name of the product

Function

Key Players

Mellon Switch

It helps to suture blood vessels in a controlled and quick manner.

Mellon Medical B.V.

Velosorb Fast Braided Absorbable Sutures

It facilitates a faster absorption rate and easy knot tying during the closing of the wound.

Medtronic plc

 

Hi-Fi Ribbon

It provides broader compression and increased tendon-to-bone interface

CONMED Corporation

 

 

Frequently Asked Question About This Report

b: The global surgical sutures market size was $4.04 billion in 2021 and is predicted to reach $6.97 billion by 2030, with a CAGR of 6.23%.

b: The key players profiled in the market research report are B. Braun Melsungen AG, Boston Scientific Corporation, Medtronic plc, Ethicon Inc. (Johnson & Johnson), Teleflex Incorporated, Smith & Nephew, CONMED Corporation, InternacionalFarmacéutica S.A. De C.V., DemeTech Corporation, Peters Surgical, Sutures India, EndoEvolution, LLC, Surgical Specialties Corporation, and Mellon Medical B.V.

b: Cardiovascular Surgeries is the leading Application area for the Surgical Sutures Market.

b: The maximum share of the market was held by North America in 2020.

b: Cardiovascular Surgeries is the leading Application area for the market.

b: The Hospitals is the leading End User for the market.

b: The global surgical sutures market is expected to grow at a compound annual growth rate (CAGR) of 6.23% from 2021 to 2030 to reach USD $ 6.97 billion by 2030.

Sources

https://medicalxpress.com/news/2019-03-million-cosmetic-procedures.html

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4773932/

https://europa.eu/rapid/press-release_MEMO-18-2762_en.htm

https://www.who.int/news-room/fact-sheets/detail/road-traffic-injuries