Surgical Suture Market Overview
MMR has recently released its comprehensive report on the Surgical Suture market. This report delves into the growth trends of the Surgical Suture market over the forecast period spanning from 2022 to 2029. Furthermore, it offers valuable insights into the market's worth, growth rate, market segments, geographical reach, key market players, and their latest advancements.
Scope and Research Methodology of the Surgical Suture Market Report
The Surgical Suture market report conducts an in-depth examination of significant developments, marketing strategies, indicators on the supply and demand sides, and profiles of industry leaders, potential entrants, and emerging participants. The report relies on both primary and secondary research methodologies, delivering a thorough analysis of the global alginates & derivatives market.
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Market Value :
Surgical Suture Market was valued at US$ 4.43 Bn. in 2022 and the total Surgical Suture revenue is expected to grow at 6.1% from 2023 to 2029, reaching nearly US$ 6.71 Bn.
Surgical Suture Market Regional Insights
The report offers a perspective on the Surgical Suture market in different geographical regions, encompassing North America, Europe, Asia Pacific, South America, and the Middle East and Africa. Notably, the Asia Pacific region is poised to take the forefront in the Surgical Suture market, primarily driven by the surging demand for Surgical Sutures in diverse applications, with notable focus on China, Japan, and India.
Surgical Suture Market Segmentation
by Type
• Absorbable
• Non-absorbable
Type-wise, the absorbable segment had the highest revenue share of over 56% in 2022 due to its ability to withstand frequent stress and provide temporary support for wounds as they heal. Furthermore, the demand for absorbable sutures is constantly rising, which may be connected to their natural degradability.
by Filament
• Cardiovascular Surgery
• General Surgery
• Gynecological Surgery
• Orthopedic Surgery
• Ophthalmic Surgery
• Cosmetic & Plastic Surgery
• Other
With a revenue share of more than 41% in 2022, the other segment dominated the surgical suture market by application. Cardiovascular surgery accounted for the second-highest revenue share in 2022. This is because heart problems are very common, there is a lot of experience in the field, the conditions surrounding reimbursement are good, and diagnostic technology has advanced.
Surgical Suture Market Key Players
• Medtronic plc (US)
• Johnson & Johnson (US)
• Sutumed (US)
• Vital Sutures (US)
• Unilene (US)
• Riverpoint Medical (US)
• CONMED Corporation (US)
• Boston Scientific Corporation (US)
• DemeTECH Corporation (US)
• Stryker Corporation (US)
• Zimmer Biomet (US)
• Advanced Medical Solutions Group plc (UK)
• Smith & Nephew (UK)
• B. Braun Melsungen (Germany)
• Peters Surgical (France)
• Genia SA (France)
• Mellon Medical (Netherlands)
• Biosintex (Romania)
• Dolphin Sutures (India)
• Healthium MedTech (India)
• GPC Medical (India)
• Lotus Surgicals (India)
• CPT Sutures (Vietnam)
• ARC Medical Supplies(Beijing) Co., Ltd. (China)
• Tagumedica SA (Peru)
Table of Content: Surgical Suture Market
Part 01: Executive Summary
Part 02: Scope of the Surgical Suture Market Report
Part 03: Global Surgical Suture Market Landscape
Part 04: Global Surgical Suture Market Sizing
Part 05: Global Surgical Suture Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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