Surgical Sutures Market – By Product (Suture Threads {Absorbable and Non-absorbable} and Automated Suturing Device), By Application (Ophthalmic Surgery, Neurological Surgery, Orthopedic Surgery, Cardiovascular Surgery, and Others), By End-users (Hospitals, Ambulatory Surgical Centers, and Others), By Regions (North America, Europe, Asia Pacific, and Rest of the World): Global Forecast up to 2025
Global Surgical Sutures Market – By Product (Suture Threads {Absorbable and Non-absorbable} and Automated Suturing Device), By Application (Ophthalmic Surgery, Neurological Surgery, Orthopedic Surgery, Cardiovascular Surgery, and Others), By End-users (Hospitals, Ambulatory Surgical Centers, and Others), By Regions (North America, Europe, Asia Pacific, and Rest of the World): Forecast up to 2025
This market research report includes a detailed segmentation of the global surgical sutures market by device type (suture threads {absorbable and non-absorbable} and automated suturing device), by application (ophthalmic surgery, neurological surgery, orthopedic surgery, cardiovascular surgery, and others), by end-users (hospitals, ambulatory surgical centers, and others), and by regions (North America, Europe, Asia Pacific, and Rest of the World).
Overview of the Global Surgical Sutures Market Research:
Infoholic’s market research report predicts that the global surgical sutures market will grow at a CAGR of 5.6% during the forecast period 2019–2025. Suturing is an integral part of surgical technique in all medical specialties and has been in use for many decades. Sutures may be placed deep inside the tissue or superficially to close a wound. A variety of suture techniques are available to close a wound, and deciding on a specific technique depends on the location of the wound, degree of tension, and thickness of the skin. Sutures can be non-absorbent (must be removed) or absorbent (dissolvable).
The increase in life-threatening diseases has resulted in more surgical procedures, and more than 230 million surgeries are performed worldwide every year. More than 22 million surgeries take place in the US every year. Asia Pacific accounts for the largest distribution of surgical procedures, i.e., nearly 33% of the worldwide procedures, due to its large population of over 4 billion. India is anticipated to become the second-largest market for robotic surgery by 2020. In 2017, India had over 50 surgical robots and a pool of over 300 trained robotic surgeons, and an estimated 700 robotic-assisted surgeries a month are performed in the country.
Advancements in suture design & application, favorable government regulations, and improving healthcare infrastructure in developing economies will enhance the revenue of the global surgical sutures market in the next five years. The increasing disease cases and surgical procedures ensure constant growth of the market during the forecast period 2019–2025.
The industry generates the majority of the revenue from the key players operating in this field; few of them include B. Braun Melsungen AG, Johnson & Johnson (Ethicon Inc.), Teleflex Incorporated, Smith & Nephew PLC, Integra LifeSciences, and Medtronic PLC.
According to the Infoholic Research analysis, North America accounted for the largest share of the global surgical sutures market in 2018 and will retain a high position during the forecast period. North America is followed by Europe with a share of more than 25% of the global market in 2018.
By Product:
By Applications:
By End-users:
By Regions:
This is due to increasing adoption of technologically advanced products, presence of major companies, and growing number of disease cases. Asia Pacific is expected to grow at a high CAGR during the forecast period due to upsurge in chronic disease cases, growing medical tourism, and favorable reimbursement scenario.
Global Surgical Sutures Market Research Competitive Analysis: The market is growing at a steady rate with a CAGR of 5.6% during the forecast period 2019–2025.
The market has many new product launches, approval, funding, and acquisitions related to surgical sutures owing to the increased surgical procedures globally, along with technological advancements in suture technology. For instance, Ethicon launched ProxiSure suturing device in August 2017. It is an advanced suturing device featuring Ethicon endomechanical, suture, and curved needle technologies.
HeartStitch, Inc. received CE Mark in April 2018 for its minimally invasive Trans- Apical Access and closure device that is safe and effective in percutaneous trans- apical access for structural heart procedures and reliable closure. Mellon Medical, The Netherlands-based company, raised €6 million in October 2017 to advance its patented groundbreaking suturing technology.
Key Vendors:
This market research report includes a detailed segmentation of the global surgical sutures market by device type (suture threads {absorbable and non-absorbable} and automated suturing device), by application (ophthalmic surgery, neurological surgery, orthopedic surgery, cardiovascular surgery, and others), by end-users (hospitals, ambulatory surgical centers, and others), and by regions (North America, Europe, Asia Pacific, and Rest of the World).
Overview of the Global Surgical Sutures Market Research:
Infoholic’s market research report predicts that the global surgical sutures market will grow at a CAGR of 5.6% during the forecast period 2019–2025. Suturing is an integral part of surgical technique in all medical specialties and has been in use for many decades. Sutures may be placed deep inside the tissue or superficially to close a wound. A variety of suture techniques are available to close a wound, and deciding on a specific technique depends on the location of the wound, degree of tension, and thickness of the skin. Sutures can be non-absorbent (must be removed) or absorbent (dissolvable).
The increase in life-threatening diseases has resulted in more surgical procedures, and more than 230 million surgeries are performed worldwide every year. More than 22 million surgeries take place in the US every year. Asia Pacific accounts for the largest distribution of surgical procedures, i.e., nearly 33% of the worldwide procedures, due to its large population of over 4 billion. India is anticipated to become the second-largest market for robotic surgery by 2020. In 2017, India had over 50 surgical robots and a pool of over 300 trained robotic surgeons, and an estimated 700 robotic-assisted surgeries a month are performed in the country.
Advancements in suture design & application, favorable government regulations, and improving healthcare infrastructure in developing economies will enhance the revenue of the global surgical sutures market in the next five years. The increasing disease cases and surgical procedures ensure constant growth of the market during the forecast period 2019–2025.
The industry generates the majority of the revenue from the key players operating in this field; few of them include B. Braun Melsungen AG, Johnson & Johnson (Ethicon Inc.), Teleflex Incorporated, Smith & Nephew PLC, Integra LifeSciences, and Medtronic PLC.
According to the Infoholic Research analysis, North America accounted for the largest share of the global surgical sutures market in 2018 and will retain a high position during the forecast period. North America is followed by Europe with a share of more than 25% of the global market in 2018.
By Product:
- Suture Thread
- Absorbable Sutures
- Natural Absorbable Sutures
- Synthetic Absorbable Sutures
- Non-absorbable Suture
- Nylon Sutures
- Prolene Sutures
- Stainless Steel Sutures
- Other Non-absorbable Sutures
- Automated Suturing Device
By Applications:
- Ophthalmic Surgery
- Neurological Surgery
- Orthopedic Surgery
- Cardiovascular Surgery
- Others
By End-users:
- Hospitals
- Ambulatory Surgical Centers
- Others
By Regions:
- North America
- Europe
- Asia Pacific
- Rest of the World
This is due to increasing adoption of technologically advanced products, presence of major companies, and growing number of disease cases. Asia Pacific is expected to grow at a high CAGR during the forecast period due to upsurge in chronic disease cases, growing medical tourism, and favorable reimbursement scenario.
Global Surgical Sutures Market Research Competitive Analysis: The market is growing at a steady rate with a CAGR of 5.6% during the forecast period 2019–2025.
The market has many new product launches, approval, funding, and acquisitions related to surgical sutures owing to the increased surgical procedures globally, along with technological advancements in suture technology. For instance, Ethicon launched ProxiSure suturing device in August 2017. It is an advanced suturing device featuring Ethicon endomechanical, suture, and curved needle technologies.
HeartStitch, Inc. received CE Mark in April 2018 for its minimally invasive Trans- Apical Access and closure device that is safe and effective in percutaneous trans- apical access for structural heart procedures and reliable closure. Mellon Medical, The Netherlands-based company, raised €6 million in October 2017 to advance its patented groundbreaking suturing technology.
Key Vendors:
- B. Braun Melsungen AG
- Johnson & Johnson (Ethicon Inc.)
- Teleflex Incorporated
- Smith & Nephew PLC
- Integra LifeSciences
- Medtronic plc
- Boston Scientific Corporation
- DemeTech Corporation
- Conmed Corporation
- Surgical Specialties Corporation
- Mellon Medical B.V.
- Sutures India
- Automated suturing devices are predicted to replace traditional suturing in the upcoming years.
- There has been an augmented focus on the development of innovative products to offer better wound care solutions.
1 INDUSTRY OUTLOOK
1.1 Industry Overview
1.1.1 Overview
1.1.2 Geography
1.1.3 Medical Technologies
1.1.4 Industry Trends
1.2 Healthcare Spending in the US
1.3 Regulatory Bodies & Standards
1.4 Reimbursement Scenario
1.5 Emerging Global Markets
1.6 Total Addressable Market
2 REPORT OUTLINE
2.1 Report Scope
2.2 Report Summary
2.3 Research Methodology
2.4 Report Assumptions
3 MARKET SNAPSHOT
3.1 Market Definition – Infoholic Research
3.2 Advantages of Surgical Sutures
3.3 Disadvantages of Surgical Sutures
3.4 History of Sutures
3.5 Segmented Addressable Market
3.6 Trends in the Surgical Sutures Market
3.7 Related Markets
3.7.1 Surgical Stapling
3.7.2 Surgical Sealants & Adhesives
3.7.3 Wound Care
4 MARKET OUTLOOK
4.1 Market Segmentation
4.2 PEST Analysis
4.3 Porter 5 (Five) Forces
5 MARKET CHARACTERISTICS
5.1 DRO – Market Dynamics
5.1.1 Drivers
5.1.1.1 Increasing number of surgical procedures and burn cases
5.1.1.2 Favorable government regulations
5.1.2 Opportunities
5.1.2.1 Increasing healthcare expenditure in developing economies
5.1.2.2 Advancement in suture design and application
5.1.3 Restraints
5.1.3.1 Growing preference for minimally invasive surgeries
5.1.3.2 Accessibility of alternative wound care management products
5.2 DRO – Impact Analysis
5.3 Key Stakeholders
6 PRODUCT: MARKET SIZE AND ANALYSIS
6.1 Overview
6.2 Suture Threads
6.2.1 Absorbable Sutures
6.2.1.1 Natural Absorbable Sutures
6.2.1.2 Synthetic Absorbable Sutures
Global Surgical Sutures Market - Global Drivers, Restraints, Opportunities, Trends, and
Forecast up to 2025
© Infoholic Research
6.2.2 Non-absorbable Sutures
6.2.2.1 Nylon Sutures
6.2.2.2 Prolene Sutures
6.2.2.3 Stainless Sutures
6.2.2.4 Other Non-absorbable Sutures
6.3 Automated Suturing Device
7 APPLICATION: MARKET SIZE AND ANALYSIS
7.1 Overview
7.2 Ophthalmic Surgery
7.3 Neurological Surgery
7.4 Orthopedic Surgery
7.5 Cardiovascular Surgery
7.6 Others
8 END-USERS: MARKET SIZE AND ANALYSIS
8.1 Overview
8.2 Hospitals
8.3 Ambulatory Surgical Centers
8.4 Others
9 REGIONS: MARKET SIZE AND ANALYSIS
9.1 Overview
9.2 North America
9.3 Europe
9.4 Asia Pacific
9.5 Rest of the World
10 COMPETITIVE LANDSCAPE
10.1 Overview
11 VENDORS PROFILE
11.1 B. Braun Melsungen AG
11.2 Johnson & Johnson (Ethicon Inc.)
11.3 Teleflex Incorporated
11.4 Smith & Nephew PLC
11.5 Integra LifeSciences
12 COMPANIES TO WATCH FOR
12.1 Boston Scientific Corporation
12.2 DemeTECH Corporation
12.3 Conmed Corporation
12.4 Surgical Specialties Corporation
12.5 MEDTRONIC PLC
12.6 Mellon Medical B.V.
12.7 Sutures India
1.1 Industry Overview
1.1.1 Overview
1.1.2 Geography
1.1.3 Medical Technologies
1.1.4 Industry Trends
1.2 Healthcare Spending in the US
1.3 Regulatory Bodies & Standards
1.4 Reimbursement Scenario
1.5 Emerging Global Markets
1.6 Total Addressable Market
2 REPORT OUTLINE
2.1 Report Scope
2.2 Report Summary
2.3 Research Methodology
2.4 Report Assumptions
3 MARKET SNAPSHOT
3.1 Market Definition – Infoholic Research
3.2 Advantages of Surgical Sutures
3.3 Disadvantages of Surgical Sutures
3.4 History of Sutures
3.5 Segmented Addressable Market
3.6 Trends in the Surgical Sutures Market
3.7 Related Markets
3.7.1 Surgical Stapling
3.7.2 Surgical Sealants & Adhesives
3.7.3 Wound Care
4 MARKET OUTLOOK
4.1 Market Segmentation
4.2 PEST Analysis
4.3 Porter 5 (Five) Forces
5 MARKET CHARACTERISTICS
5.1 DRO – Market Dynamics
5.1.1 Drivers
5.1.1.1 Increasing number of surgical procedures and burn cases
5.1.1.2 Favorable government regulations
5.1.2 Opportunities
5.1.2.1 Increasing healthcare expenditure in developing economies
5.1.2.2 Advancement in suture design and application
5.1.3 Restraints
5.1.3.1 Growing preference for minimally invasive surgeries
5.1.3.2 Accessibility of alternative wound care management products
5.2 DRO – Impact Analysis
5.3 Key Stakeholders
6 PRODUCT: MARKET SIZE AND ANALYSIS
6.1 Overview
6.2 Suture Threads
6.2.1 Absorbable Sutures
6.2.1.1 Natural Absorbable Sutures
6.2.1.2 Synthetic Absorbable Sutures
Global Surgical Sutures Market - Global Drivers, Restraints, Opportunities, Trends, and
Forecast up to 2025
© Infoholic Research
6.2.2 Non-absorbable Sutures
6.2.2.1 Nylon Sutures
6.2.2.2 Prolene Sutures
6.2.2.3 Stainless Sutures
6.2.2.4 Other Non-absorbable Sutures
6.3 Automated Suturing Device
7 APPLICATION: MARKET SIZE AND ANALYSIS
7.1 Overview
7.2 Ophthalmic Surgery
7.3 Neurological Surgery
7.4 Orthopedic Surgery
7.5 Cardiovascular Surgery
7.6 Others
8 END-USERS: MARKET SIZE AND ANALYSIS
8.1 Overview
8.2 Hospitals
8.3 Ambulatory Surgical Centers
8.4 Others
9 REGIONS: MARKET SIZE AND ANALYSIS
9.1 Overview
9.2 North America
9.3 Europe
9.4 Asia Pacific
9.5 Rest of the World
10 COMPETITIVE LANDSCAPE
10.1 Overview
11 VENDORS PROFILE
11.1 B. Braun Melsungen AG
11.2 Johnson & Johnson (Ethicon Inc.)
11.3 Teleflex Incorporated
11.4 Smith & Nephew PLC
11.5 Integra LifeSciences
12 COMPANIES TO WATCH FOR
12.1 Boston Scientific Corporation
12.2 DemeTECH Corporation
12.3 Conmed Corporation
12.4 Surgical Specialties Corporation
12.5 MEDTRONIC PLC
12.6 Mellon Medical B.V.
12.7 Sutures India
