Absorbable and Non Absorbable Sutures Market Size, Share, Analysis Report

Absorbable and Non Absorbable Sutures Market By End-User Analysis (Hospitals, Ambulatory centers, Clinics, Community healthcare); By Product Type Analysis (Absorbable Sutures, Non-absorbable Sutures); By Application Analysis (Cardiovascular, Orthopedic, Gynecology, Opthalmolog, General surgery) and by regional analysis - Global forecast by

The Global Absorbable and Non Absorbable Sutures Market expected to exceed more than US$ 5 Billion by 2028 at a CAGR of 4% in the given forecast period.

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MARKET SNAPSHOT

Major Players

  • B. Braun Melsungen AG
  • Ethicon Inc
  • Smith & Nephew
  • Demetech Corporation
  • Conmed Corporation W.L
  • Study period:

    2023-2028

    Base Year:

    2022

    CAGR:

    4

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    The Improving healthcare infrastructure globally has created the awareness about the available latest developments in healthcare and medical field. Suture is a small stitch. Sutures are of absorbable and non absorbable type. Absorbable sutures is which will naturally absorbs and downgrade the stitches whereas non absorbable sutures which doesn’t dissolve by the biological activity of the body and yet it has to be removed physically permanently. Surgical sutures are used to close wound in various disease such as neuropathic ulcers, skin ulcers, pediatric cardiac surgery and diabetic ulcers.

    How Big is The Global Absorbable and Non Absorbable Sutures Market?

    The Global Absorbable and Non Absorbable Sutures Market expected to exceed more than US$ 5 Billion by 2028 at a CAGR of 4% in the given forecast period.

    The major driving factors of Global Absorbable and Non Absorbable Sutures Market are as follows:

    • Growing aging population
    • Increasing incidence of chronic diseases like skin ulcers
    • Quality of suturing material is growing
    • Growing number of surgeries, burns and increasing number of hospitals

    The restraining factors Global Absorbable and Non Absorbable Sutures Market are as follows:

    • Growing demand for advanced wound closure materials
    • Lack of product innovations in the surgical sutures 
    • Side effects from surgical sutures
    • Companies are facing price pressure

    The Global Absorbable and Non Absorbable Sutures Market is segmented on the lines of its technology, treatment, application and regional. Basis on product type it covers the absorbable and non-absorbable market. Based on end-users the market is segmented into hospitals, ambulatory centers, clinics, community healthcare and, others. Based on application, the market is segmented into cardiovascular, orthopedic, gynecology, opthalmology, general surgery and others. Global Absorbable and Non Absorbable Sutures Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

    This report provides:
    1) An overview of the global market for Absorbable and Non Absorbable Sutures Market and related technologies.
    2) Analyses of global market trends, with data from 2021, estimates for 2022 and 2023, and projections of compound annual growth rates (CAGRs) through 2028.
    3) Identifications of new market opportunities and targeted promotional plans for Absorbable and Non-Absorbable Market.

    4) Discussion of research and development, and the demand for new products and new applications.
    5) Comprehensive company profiles of major players in the industry.

    Report scope:

    The scope of the report includes a detailed study of global and regional markets for Global Absorbable and Non Absorbable Sutures Market with the reasons given for variations in the growth of the industry in certain regions.

    The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the B. Braun Melsungen AG, Ethicon, Inc., Smith & Nephew, Demetech Corporation, Conmed Corporation, W.L. Gore & Associates, Tepha Inc., META BIOMED Co,. Ltd., Zimmer Biomet, CP Medical, Inc., Miltex (A Integra LifeSciences Corporation Company),DYNEK Pty Ltd, Footberg Ltd., Stoelting Co., Unimed Medical Industries, Ltd., Teleflex Incorporated, Boston Scientific Corporation, Medtronic, Surgical Specialties Corporation, Resorba Medical GmbH, Medline Industries, Inc., Assut Medical Sarl, AD Surgical, Suture Express, Santec Medicalprodukte GmbH, Clinisut, Coreflon, Aspen Surgical, Medipac S.A., Sutures, Ltd., Vigilenz Medical Devices Sdn Bhd, and Pierson Surgical Ltd among others. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
     
    The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

    The Global Absorbable and Non Absorbable Sutures Market has been segmented as below:

    By End-User Analysis:

    • Hospitals
    • Ambulatory centers
    • Clinics
    • Community healthcare
    • Others

    By Product Type Analysis:

    • Absorbable Sutures
    • Non-absorbable Sutures

    By Application Analysis:

    • Cardiovascular
    • Orthopedic
    • Gynecology
    • Opthalmolog
    • General surgery 
    • Others

    By Regional Analysis:

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Reasons to Buy this Report:
    1) Obtain the most up to date information available on all Global Absorbable and Non Absorbable Sutures Market.

    2) Identify growth segments and opportunities in the industry.
    3) Facilitate decision making on the basis of strong historic and forecast Global Absorbable and Non Absorbable Sutures Market data.

    4) Assess your competitor’s refining portfolio and its evolution.

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    1 INTRODUCTION    
      1.1    Key Take Aways    
        1.2    Report Description    
        1.3    Markets Covered    
        1.4    Stakeholders    
        1.5    Research Methodology    
            1.5.1    Market Size    
            1.5.2    Market Share    
            1.5.3    Key Data Points From Secondary Sources    
            1.5.4    Key Data Points From Primary Sources

    2 Research Methodology 
        2.1 Market Size Estimation 
        2.2 Market Breakdown and Data Triangulation 
        2.3 Key Data From Secondary Sources 
        2.4 Key Data From Primary Sources 
        2.5 Assumptions for the Study

    3 Executive Summary 

    4 Premium Insights 
        4.1 Surgical Sutures: Market Overview 
        4.2 Surgical Sutures Market, By Product (2022 vs 2027) 
        4.3 Surgical Sutures Market, By Application (2022 vs 2027) 
        4.4 Surgical Sutures Market, By End User (2022 vs 2027) 
        4.5 Surgical Sutures Market: Geographic Snapshot (2022–2027)

    5 Market Overview 
        5.1 Introduction 
        5.2 Market Dynamics 
               5.2.1 Market Drivers
                        5.2.1.1 Increasing Number of Surgical Procedures
                        5.2.1.2 Launch of Advanced Sutures
                        5.2.1.3 Favorable Reimbursement Scenario
               5.2.2 Market Restraints
                        5.2.2.1 Increasing Preference for Minimally Invasive Surgical Procedures
                        5.2.2.2 Presence of Alternative Wound Care Management Products
               5.2.3 Opportunities
                        5.2.3.1 Growing Popularity of Cosmetic Surgeries
                        5.2.3.2 Increasing Healthcare Demand in Low- and Middle-Income Countries
               5.2.4 Challenge
                        5.2.4.1 Pricing Pressure on Major Players

    6 Surgical Sutures Market, By Product 
        6.1 Introduction 
        6.2 Sutures 
               6.2.1 Absorbable Sutures
                        6.2.1.1 Natural Sutures
                        6.2.1.2 Synthetic Sutures
                                   6.2.1.2.1 Polyglactin 910 Sutures
                                   6.2.1.2.2 Poliglecaprone 25 Sutures
                                   6.2.1.2.3 Polydioxanone Sutures
                                   6.2.1.2.4 Polyglycolic Acid Sutures
                                   6.2.1.2.5 Other Synthetic Sutures
               6.2.2 Non-Absorbable Sutures
                        6.2.2.1 Nylon Sutures
                        6.2.2.2 Prolene Sutures
                        6.2.2.3 Stainless Steel Sutures
                        6.2.2.4 Other Non-Absorbable Sutures
        6.3 Automated Suturing Devices 
               6.3.1 Disposable Automated Suturing Devices
               6.3.2 Reusable Automated Suturing Devices

    7 Surgical Sutures Market, By Application 
        7.1 Introduction 
        7.2 Cardiovascular Surgeries 
        7.3 General Surgeries 
        7.4 Gynecological Surgeries 
        7.5 Orthopedic Surgeries 
        7.6 Ophthalmic Surgeries 
        7.7 Other Applications

    8 Surgical Sutures Market, By End User 
        8.1 Introduction 
        8.2 Hospitals 
        8.3 Other End Users

    9 Surgical Sutures Market, By Region 
        9.1 Introduction 
        9.2 North America 
               9.2.1 U.S.
               9.2.2 Canada
        9.3 Europe 
               9.3.1 Germany
               9.3.2 U.K.
               9.3.3 France
               9.3.4 Italy
               9.3.5 Spain
               9.3.6 Rest of Europe (RoE)
        9.4 Asia 
               9.4.1 China
               9.4.2 India
               9.4.3 Japan
               9.4.4 Rest of Asia (RoA)
        9.5 Rest of the World

    10 Competitive Landscape 
         10.1 Overview 
         10.2 Market Share Analysis 
         10.3 Competitive Situation and Trends 
                 10.3.1 Acquisitions & Mergers
                 10.3.2 Agreements and Collaborations
                 10.3.3 Expansions
                 10.3.4 Product Launches

    11 Company Profiles 
         11.1 Ethicon Inc. (A Subsidiary of Johnson & Johnson) 
         11.2 B. Braun Melsungen AG 
         11.3 Medtronic PLC 
         11.4 Smith & Nephew 
         11.5 Boston Scientific Corporation 
         11.6 Péters Surgical. 
         11.7 Demetech Corporation 
         11.8 Internacional Farmacéutica S.A. De C.V. 
         11.9 Sutures India Pvt Ltd. 
         11.10 Endoevolution LLC 
         11.11 Apollo Endosurgery Inc. 
         11.12 Surgical Specialties Corporation 
         11.13 Mellon Medical B.V.

    The Global Absorbable and Non Absorbable Sutures Market has been segmented as below:

    By End-User Analysis:

    • Hospitals
    • Ambulatory centers
    • Clinics
    • Community healthcare
    • Others

    By Product Type Analysis:

    • Absorbable Sutures
    • Non-absorbable Sutures

    By Application Analysis:

    • Cardiovascular
    • Orthopedic
    • Gynecology
    • Opthalmolog
    • General surgery 
    • Others

    By Regional Analysis:

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

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    The market is expected to grow at a CAGR of 4% during the study period (2023-2028)
    The Global Absorbable and Non Absorbable Sutures Market expected to exceed more than US$ 5 Billion by 2028.
    The segment included in Absorbable and Non Absorbable Sutures Market is Product, Application, End User and region.
    Some key players operating in the Absorbable and Non Absorbable Sutures Market include B. Braun Melsungen AG, Ethicon, Inc., Smith & Nephew, Demetech Corporation, Conmed Corporation, W.L. Gore & Associates, Tepha Inc., META BIOMED Co,. Ltd., Zimmer Biomet, CP Medical, Inc., Miltex (A Integra LifeSciences Corporation Company),DYNEK Pty Ltd
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