Overview:
Sutures are used to stich a wound on the skin using needles that come in different shapes and sizes. These needles are manufactured using various materials. Normally, sutures are divided into two types; absorbable and non-absorbable. Absorbable sutures get dissolved in the body due to hydrolysis or reactions in enzymes. Moreover, sutures can further be classified depending on their construction. The material used for sutures depends upon several factors such as infection risks, type of tissue and personal preferences. The correct positioning of suture material depends on the material used. Depending on the basis of sutures’ use they can also be classified into ophthalmic sutures, cardiovascular sutures, orthopedic sutures and genera sutures.
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The global sutures market is expected to have a value of US$ 3,688.50 million in 2022 and estimated to show a CAGR of 8.3% during the forecast period (2022-2030)
Market Drivers:
Market players are focusing on R&D activities to improve efficiency of sutures, which is anticipated to propel growth of the global sutures market during the forecast period. For instance, Sutrue Ltd., announced the development of two novel automated 3D printed suture stitching devices in June 2018. These devices as per the company can be utilized in medical surgeries and are cost effective.
Moreover, in April 2021, McGill University, Canada published an article about groundbreaking development of new tough gel sheathed sutures by scientists from Montreal, Canada, and these sutures are human tendon-inspired sutures containing a slippery and tough gel envelop same as to the human tendon.
Market Restraints:
Factors such as high cost and disadvantages linked to sutures is likely to hamper growth of the global sutures market during the forecast period. Disadvantage of sutures can be irritation resulting from cut ends of suture material, bacterial infection risk, fraying during construction of knot, dehiscence risk and tissue drag.
As per the American Society for Aesthetic Plastic Surgery, Aesthetic Plastic Surgery National Databank Statistics 2020, surgical procedures performed in America in 2020 had estimated cost of nearly US$ 6.17 Bn.
Moreover, as per the Misch’s Avoiding Complications in Oral Implantology, the cost of polytetrafluroethylene sutures is high and have low frictional resistant as they are slippery.
Key Players:
Key players active in the global sutures market are Vitrex Medical A/S, Medtronic Plc, DemeTECH Corporation, Johnson & Johnson, Surgical Sutures Private Limited, SMI, Healthium Medtech Limited, Advanced Medical Solutions Group plc., Corza Medical, GMD Group (General Medical Disposable), Meril Life Sciences Pvt. Ltd., Bentley Healthcare Pvt. Ltd., Peters Surgical, Lotus Surgicals, Dolphin Sutures, Teleflex Incorporated, Orion Sutures India Pvt Ltd, Sutumed, Unisur Lifecare Pvt. Ltd., Lux Sutures, Riverpoint Medical, CliniSut, Unilene, Smith & Nephew Plc, CONMED Corporation, and B. Braun Melsungen AG.
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The Study Objectives are:
✔ A comprehensive insight into key players operating in the Sutures Market and their corresponding data.
✔ It includes product portfolio, annual revenue, expenditure on research and development, geographical presence, key developments in recent years, and growth strategies.
✔ Regional analysis, which includes insight into the dominant market and corresponding market share.
✔ It also includes various socio-economic factors affecting the evolution of the market in the region.
✔ The report offers a comprehensive insight into different individuals from value chains such as raw materials suppliers, distributors, and stockholders.
Table of Content
Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Sutures Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: Sutures Industry Impact
Chapter 2 Global Sutures Competition by Types, Applications, and Top Regions and Countries
2.1 Global Sutures (Volume and Value) by Type
2.3 Global Sutures (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Sutures Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5 North America Sutures Market Analysis
Chapter 6 East Asia Sutures Market Analysis
Chapter 7 Europe Sutures Market Analysis
Chapter 8 South Asia Sutures Market Analysis
Chapter 9 Southeast Asia Sutures Market Analysis
Chapter 10 Middle East Sutures Market Analysis
Chapter 11 Africa Sutures Market Analysis
Chapter 12 Oceania Sutures Market Analysis
Chapter 13 South America Sutures Market Analysis
Chapter 14 Company Profiles and Key Figures in Sutures Business
Chapter 15 Global Sutures Market Forecast (2022-2028)
Chapter 16 Conclusions
Research Methodology
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