Surgical Sutures Market: Current Analysis and Forecast (2021-2027)

Surgical Suture Market is expected to exceed the market valuation of more than US$ XX billion in 2027 and is expected to grow at a significant CAGR of XX% during the forecast period (2021-2027). The word “suture” is a strand of material that can be used to ligate (tie) blood vessels or approximate (bring close together) tissues. They are used to close wounds. The first sutures were used by Egyptians and Syrians in 2,000 B.C. Back then materials like linen, cotton, silk, horsehair, animal tendons & intestines and wires of precious metals were used for the procedure. Over the years of refinement, a variety of sophisticated materials are used for sutures today and stitching techniques have also improved over the years. Closure of wounds are necessary for the success of any surgical procedure. If the closure is left incomplete or open, it may lead to separation of the edges with can be a potential pathway for bacterial contamination leading to infection and scarring.
Key factors for the growth of surgical sutures market include the rising geriatric population, increasing sedentary lifestyle and additionally, injuries from road accidents are influencing the market growth. In the United States, 3% of the total elderly population has open wounds that need stitching. Wounds are more common in the elderly as compared to the rest of population. The US government estimated that 55 million of the elderly population will have chronic wounds by 2020. In 2019, approximately 2% of the entire population of the United States has chronic wounds. The treatment of chronic wounds requires sutures which is going to influence the market. Additionally, the increasing surgeries due to the increase in chronic diseases because of the elderly is boosting the surgical sutures market growth.
B. Braun Melsungen AG, DemeTECH Corporation, Dolphin Sutures, EndoEvolution, LLC., Ethicon US, LLC., INTERNACIONAL FARMACEUTICA, S.A., Medtronic, Peters Surgical, Sutures India, and W. L. Gore & Associates, Inc. are some of the prominent players operating in the Surgical Suture market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.
Insights Presented in the Report
“Amongst Products, Absorbable Sutures segment holds the major share”
Based on products, the surgical suture market is segmented into absorbable sutures, non-absorbable sutures, multifilament sutures, and automated suturing devices. Absorbable suture showed the highest revenue in the products segment of the market. An absorbable suture gradually loses its tensile strength. It loses most of its strength within 1 to 3 weeks and it fully absorbed by the body within 3 months. Absorbable sutures were traditionally used for deep sutures, however, recently their use have extended to wound closures in adults and children.
“Amongst Application, Cardiovascular Surgeries segment holds the major share”
Based on application, the surgical sutures market is segmented into cardiovascular surgeries, general surgeries, gynecological surgeries, orthopedic surgeries, ophthalmic surgeries, cosmetic & plastic surgeries, and other applications. Cardiovascular surgeries had the highest revenue in the surgical sutures market in the applications segment. During open heart surgeries, a major complication is sternal wound infection. This can be prevented by proper closure of the sternal incision using intracutaneous suture. As the number of heart surgeries are increasing with the increasing geriatric population, the use of intracutaneous sutures for the heart are also increasing.
“Amongst End-User, Hospital segment holds the major share”
Based on end-user, the surgical sutures market is segmented into hospitals, ambulatory surgical centers, and clinics & physician offices. In the end-user segment, hospitals had the highest revenue in the surgical sutures market. This is because of the availability of experienced physicians in the hospitals, additionally, more complex surgeries can be performed in the hospitals. Furthermore, patients are required to stay under observation after the surgeries which is easily possible in the hospitals as compared to the other segments.
“North America represents one of the largest markets of Surgical Suture market”
For a better understanding of the market dynamics of the Surgical Suture market, a detailed analysis was conducted for different regions across the globe including North America (the U.S, Canada, and the Rest of North America), Europe (Germany, France, Italy, United Kingdom, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC) and Rest of the World. North America dominated the market and grabbed around XX% market share owing to growing cases of infectious diseases.
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