Report Sellers has added a new market research report “Surgical Sutures – Global Market Outlook (2017-23)” to its offerings.
According to Report, Global Surgical Sutures Market is expected to grow from $3.82 billion in 2016 to reach $5.84 billion by 2023 with a CAGR of 6.3%. Increasing various surgical procedures, growing geriatric population coupled with chronic diseases, and advancements in product developments are some of the factors favouring the market growth. Furthermore, increasing healthcare awareness, encouraging government reimbursement policies are other factors bolstering the market growth. On the other hand, intensified competition among companies and stringent regulations are the constraints limiting the market growth.
The absorbable sutures segment leads the market globally with the biggest market share and is expected to grow with a high CAGR during the forecast period. The growth of this segment is attributed to increasing usage in internal organ surgeries. North America is leading the global market with a higher market share. Asia Pacific is projected to grow at a faster pace during the forecast period. Increasing government spending, growing numerous surgeries, and increasing in medical tourism are the factors contributing to the Asia Pacific market growth.
Some of the key players in Global Surgical Sutures Market include 3M Company, Apollo Endosurgery Inc., B. Braun Melsungen AG, Boston Scientific Corporation, Conmed Corporation, Demetech Corporation, Endoevolution LLC, Ethicon Inc. (A Subsidiary of Johnson & Johnson), Internacional Farmacutica S.A. De C.V., Medtronic PLC, Mellon Medical B.V., Pters Surgical., Smith & Nephew, Surgical Specialties Corporation, and Sutures India Pvt Ltd.
Browse through the complete description and in-depth TOC on “Global Surgical Sutures Market”
What does the Report Offers
Market share assessments for the regional and country level segments
Market share analysis of the top industry players
Strategic recommendations for the new entrants
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Global Surgical Sutures Market has been segmented by products covered, materials covered, applications covered, end users covered and regions covered
Automated Suturing Devices
o Reusable Automated Suturing Devices
o Disposable Automated Suturing Devices
o Stainless Steel Sutures
o Prolene Sutures
o Nylon Sutures
o Other Non-Absorbable Sutures
o Natural Sutures
o Synthetic Sutures
End Users Covered:
Ambulatory Surgery Centers
Other End Users
Rest of Europe
Rest of Asia Pacific
Rest of South America
Middle East & Africa
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