The European Surgical Suture Market is estimated to grow at a CAGR of 5.8% during the forecast period from 2018 to 2025. The market for surgical sutures is estimated to reach US$ 1,328.5 Mn in 2025.
The major players operating in the of surgical sutures in Europe include, B. Braun Melsungen AG, Medtronic, Ethicon USA, LLC, Smith & Nephew, Atramat, Demetech Corporation, Sutures India, Péters Surgical, Teleflex Medical OEM, Serag-Wiessner GmbH & CO. KG among others.
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Germany holds the largest market for the surgical sutures market and Germany is the fastest growing market for the surgical sutures in the European market. For instance, the various market players in the sector of suture are developing techniques to introduce various suture that will avoid wounds and infections. For instance, SERAG-WIESSNER suture materials incorporates their recent developments in research and technology.
In addition, to the government support rise in the number of the surgeries are leading to the growth of the surgical sutures market. In Europe the conditions and symptoms that are leading causes for the rise in the diabetic cases, lifestyle changes and more are likely to increase number of cardiovascular surgeries and general surgeries. Since the past 25 years, the number of cardiovascular incidences have increased in European Nations. The addition in the cardiovascular incidences are observed in most of the countries in this region. According to the European Cardiovascular Disease Statics in 2015, near about 85 Mn people in Europe and 49 Mn in EU suffered with cardiovascular diseases. In addition to the cardiovascular surgeries rise in the general surgeries have also increased due to the factors such as rise in the number gynecological surgeries and increase in the number of the orthopedic surgeries are driving the growth for the surgical sutures market in the coming future.
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The Europe surgical sutures market is expected to witness growth in the coming years. The government support for the healthcare industry is driving the growth of the surgical sutures market. The increase in the support for the healthcare facilities and the infrastructure for the healthcare service centers by the government are improving and up grading the advancement for the instruments, equipment and other products. For instance, European Association of the Surgical Suture Industry (EASSI) serves as platform for sharing the information and setting specific rules & regulations, standards and initiatives for healthcare sectors. The EASSI dedicates to fulfill some of the objectives which include representation of member’s interest in national and international standardization projects, to formulate the common classes with respect to matters of EASSI and to initiate harmony for regulations and standards. Therefore, the government support for the healthcare industry is likely to drive the market for the surgical sutures in the forecasted period.
Surgical sutures are medical devices that are utilized during the surgical procedures for closing a wound with stitches. Many researchers and market players have developed innovative type of sutures which include absorbable and non-absorbable suture. Sutures are used for stitching the incisions during the surgical procedures or the cuts and wounds occurred during the accidents or injuries. The absorbable sutures are used as they get dissolved in the body with tissue enzymes easily. The advancements in the field of surgical sutures have resulted in increased developments of surgical sutures.
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In our study, we have segmented the surgical sutures market by product, and application. Based on product, the market is segmented as absorbable sutures and non-absorbable sutures. The absorbable sutures is further classified as natural sutures and synthetic sutures. The application segment is classified as cardiovascular surgeries, orthopedic surgeries, general surgeries, gynecology surgeries, ophthalmic surgeries and others. Geographically, the Europe market for surgical scalpels is segmented into UK, France, Germany, Russia, Italy, Spain, Turkey, Poland and Rest of Europe.
The market has been witnessing a gradual growth rate during the previous years and is expected to witness similar trend in the coming years. Additionally, manufacturers are focusing towards product innovation in the material used for manufacturing the sutures by means of research and development activities.
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The market for surgical sutures is well established in European market due to rise in the demand for surgical sutures in the region. The market is anticipated to increase during the forecast years owing to factors such as increase in the number of surgical procedures in the region. In the European market United Kingdom holds the largest market for the surgical sutures owing to the factors such as rise in the number of surgeries for the cardiovascular diseases. In addition, British Heart Foundation (BHF) piloted innovative health programs for improvising services for people living with CVD or at risk of CVD. Furthermore, the National Health Service (NHS) in England provided a scheme that helped patients to get benefited with the innovative products. Therrefore, an innovation of plus surgical suture was done that aim to reduce the risk of infection such as Methicillin-resistant Staphylococcus aureus (MRSA) which can cause serious skin infections or infect surgical wounds.
The report segments the Europe Surgical Sutures market as follows:
Europe Surgical Sutures Market – By Product
Polyglactin 910 Sutures
Poliglecaprone 25 Sutures
Polyglycolic Acid Sutures
Stainless Steel Sutures
Europe Surgical Sutures Market – By Application
Europe Surgical Sutures Market – By Geography
Rest of Europe
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