Surgical Sutures Market is expected to grow from USD 8.45 billion in 2022 to USD 13.98 billion by 2030 : GreyViews

Surgical Sutures Market Size By Type (Absorbable and Non absorbable), By Application (Ophthalmic Surgery, Cardiovascular Surgery, Orthopedic Surgery, Neurological Surgery, and Others), Regions, Segmentation, and forecast till 2030.


Pune India, Jan. 17, 2023 (GLOBE NEWSWIRE) -- The market has been studied for the below mentioned-segmentation and regional analysis for North America, Europe, Asia, South America, and the Middle East and Africa. These are the key regions where the Surgical Suture market is operating and is predicted to expand soon. The manufacturers and suppliers involved in the Surgical Suture market are present across various countries in the above-mentioned regions.

Get Sample Copy of This Report @ https://greyviews.com/reports/surgical-sutures-market/385/request-sample

The report provides a detailed understanding of the market segments which have been formed by combining different prospects such as Type, Application, and Region.  Apart from this, the key driving factors, restraints, potential growth opportunities, and market challenges are also discussed in the below paragraphs.
The significant players operating in the global Surgical Suture market are Covidien, Ethicon US LLC, B. Braun Melsungen AG, Smith & Nephew, Integra Lifesciences, Peter Surgical, Internacional farmaceutica, CONMED CORPORATION, Sutures India Pvt Ltd, among others. To achieve a substantial market share in the worldwide Surgical Suture market and strengthen their position, manufacturers are pursuing expansion methods such as current developments, mergers and acquisitions, product innovations, collaborations, and partnerships, joint ventures.
The increase in surgical cases is one of the main factors driving the global market for surgical sutures. A surgical stitch, commonly referred to as a suture, is a medical tool used to hold bodily tissues together after a physical ailment or surgical procedure. Typically, a needle with a string attached is used for the application. In an ideal situation, a stitch would allow the healing tissue to recover enough to keep the injury terminations together after they are removed or digested. The public's ignorance of the many suturing techniques offered on the market has severely restricted the industry's ability to grow. Insurance companies' erratic rules on suturing supplies have been shown to be a market restraint. A major obstacle to the market's growth has been the overall cost of surgical treatment, which increases dramatically when advanced instruments and materials are used. The variety of wound healing options available in the market has hampered the advancement of surgical sutures, which might harm the market over the course of the projected period. Due to the expansion of knowledge about unusual procedures, the demand for improved healthcare facilities, and the increase of research in the field, there are also a lot of opportunities for firms operating in the sector. These products are encouraged for usage in healthcare institutions by several governments. The market for the target product is expanding significantly.
Enquiry Before Buying This Report @ https://greyviews.com/inquiry/385

Scope of Surgical Suture Market Report:

Report MetricInformation
Study Period2022-2030
Base Year           2022
Forecast Period2023-2030
Market Share UnitUSD Billion
Segments CoveredType, Application, and Region
Regions CoveredNorth America, Europe, Asia-Pacific, South America, and Middle-East and Africa
Major PlayersCovidien, Ethicon US LLC, B. Braun Melsungen AG, Smith & Nephew, Integra Lifesciences, Peter Surgical, Internacional farmaceutica, CONMED CORPORATION, Sutures India Pvt Ltd, among others

Segmentation Analysis

Absorbable  are expected to be the fastest-growing segment in 2022. 

The Type segment is Absorbable and Non absorbable. Absorbable is expected to be the fastest-growing segment in 2022Due to its ability to briefly keep wounds open until they can withstand the normal strain and heal. The rapidly rising demand for absorbable sutures is another indication of their ability to spontaneously dissolve. As a result, leading market players are investing money in R&D initiatives, which are anticipated to support the development of the absorbable sector in the future.

Cardiovascular Surgery is expected to be the fastest-growing segment in 2022. 

The Application segment is Ophthalmic Surgery, Cardiovascular Surgery, Orthopedic Surgery, Neurological Surgery, and Others.  Cardiovascular Surgery is expected to be the fastest-growing segment in 2022.  Because there are so many people in the world who have cardiovascular issues, the discipline of cardiovascular surgery has grown significantly. The growth in chronic disorders of the cardiovascular system has led to an increase in procedures. The number of cardiovascular problems requiring surgery has increased along with the increase in the world's old population. This has led to a large increase in the number of cardiac surgeries, which will increase demand for surgical sutures throughout the course of the forecast period.

Regional Analysis           

The regional analysis provides a detailed perception of the key regions and the countries. Some of the key countries analyzed for Surgical Suture include the US, Canada, Mexico, Germany, France, the U.K., Italy, Spain, Russia, China, Japan, India, Brazil, Peru, UAE, South Africa, and Saudi Arabia.

The North America region witnessed a major share. Due to the availability of local and large players, the advantageous reimbursement environment, the expansion of government programs, and the established healthcare infrastructure, there is a comparatively high cost of sutures compared to other regions. The considerable revenue share of North America is also primarily attributable to the region's strong domestic economy and technical advancements in Surgical Sutures Market.

Country Analysis

  • Germany

Germany's Surgical Sutures Market size was valued at USD 0.8 billion in 2022 and is expected to reach USD 1.7 billion by 2030, at a CAGR of 6.3% from 2023 to 2030.  Germany is anticipated to see a CAGR growth rate over the projected period. B. Braun Melsungen AG, a leader in the field with a German basis, presents a lucrative opportunity for growth.

  • China

China’s Surgical Sutures Market size was valued at USD 0.9 billion in 2022 and is expected to reach USD 1.3 billion by 2030, at a CAGR of 6.5% from 2023 to 2030. 
The China surgical suture market is moderately competitive and includes a number of important players. Surgical sutures are becoming more and more necessary in China. As a result, the market is now more lucrative. This will encourage foreign competitors to set up shops in China.

  • India

India's Surgical Sutures Market size was valued at USD 0.7 billion in 2022 and is expected to reach USD 1.8 billion by 2030, at a CAGR of 5.8% from 2023 to 2030.  Both the number of trauma cases in India and the number of people with chronic conditions being admitted to hospitals have increased. It is predicted that as more orthopedic, alimentary, ophthalmic, and other situations call for surgical suturing during procedures, there would be a rise in demand for their use and acceptability. As a result, more surgeries led to a decrease in the demand for surgical sutures, which helped the Indian market grow.
Covid-19 Impact
Covid-19 had a major impact on almost all industries, such as electronics, semiconductors, manufacturing, automobile, etc. However, several companies operating in the technology sector have seen increased revenue due to significant changes in consumer preferences toward technological services. In addition, the pandemic has led to significant growth in technology across developing and developed countries.

Furthermore, The growth of this market is mainly driven by an increase in the no. of operations taking place throughout the world, creating a huge need for surgical sutures.

Buy Now Full Report @ https://greyviews.com/checkout/385/single_user_license

Contact Us
Rocky Shah
GreyViews
Pune India
Phone: (+44) 162-237-1047
Email: sales@greyviews.com

Web: https://greyviews.com/

Follow Us: LinkedIn | Twitter

Browse Related Reports:

Veterinary Pain Management Market Size By Product (NSAIDs and Anesthetics), By Indication (Osteoarthritis and Joint Pain, Postoperative Pain, Cancer, and Other Applications), By Animal Type (Companion and Livestock), By End-User (Hospitals and Clinics), Regions, Segmentation, and Projection till 2030      

https://greyviews.com/reports/veterinary-pain-management-market/390

Varicose Vein Treatment Market Size By Type (Endovenous Ablation, Surgical Ligation & Stripping, and Sclerotherapy), By End-User (Vein Clinics, Ambulatory Care Unit, And Hospital), Regions, Segmentation, and Projection till 2030
https://greyviews.com/reports/varicose-vein-treatment-market/389

Surgical Sutures Market Size By Type (Absorbable and Non absorbable), By Application (Ophthalmic Surgery, Cardiovascular Surgery, Orthopedic Surgery, Neurological Surgery, and Others), Regions, Segmentation, and Projection till 2030           
https://greyviews.com/reports/surgical-sutures-market/385

Surgical Equipment Market Size By Product (Electrosurgical Devices Sutures, Surgical Sutures, Handheld Devices, and Staplers), By Application (Orthopedics, Obstetrics and Gynecology, Neurology, Cardiovascular, Plastic and Reconstructive Surgeries, and Others), Regions, Segmentation, and Projection till 2030      
https://greyviews.com/reports/surgical-equipment-market/384

Psychedelic Drugs Market Size By Drug Type (Phencyclidine, Etamine, 3,4-MethylEnedioxyMethamphetamine (Ecstasy), Lysergic Acid Diethylamide (LSD), Gamma Hydroxybutyric Acid (GHB), Ayahuasca, Salvia, Psilocybin, and Others), By Patient Type (Resistant depression, Major Depressive Disorder, Post-traumatic stress disorder, Panic disorder, Narcolepsy, Opiate Addiction, and Others), Regions, Segmentation, and Projection till 2030    
https://greyviews.com/reports/psychedelic-drugs-market/379

Prostate Cancer Therapeutics Market Size By Drug Type (Chemotherapy, Targeted Therapy, Hormonal Therapy, Immunotherapy, and Others), By Distribution Channel (Online Pharmacies, Hospital Pharmacies, Drug Stores and Retail Pharmacies), Regions, Segmentation, and Projection till 2030        
https://greyviews.com/reports/prostate-cancer-therapeutics-market/378

Pregnancy Care Products Market Size By Product (Breast Cream, Stretch Mark Minimizer, Firming Lotion, Body Restructuring Gel and Others), By Distribution Channel (Retail Pharmacies, Hospital Pharmacies, Online Stores and Others), Regions, Segmentation, and Projection till 2030     
https://greyviews.com/reports/pregnancy-care-products-market/376

Medical Device Sterilization Market Size By Product (Reagents, Instruments, and Services), By End-User (Hospitals, Pharmaceutical Companies, Laboratories, Clinics, Medical Device Manufacturers, Academic and Research Institutes, and Others), Regions, Segmentation, and Projection till 2030          
https://greyviews.com/reports/medical-device-sterilization-market/373

Hemodynamic Monitoring System Market Size By System (Invasive Monitoring Systems, Minimally Invasive Monitoring Systems, and Non-invasive Monitoring Systems), By End-User (Catheterization Laboratories, Hospitals, and Others), Regions, Segmentation, and Projection till 2030     
https://greyviews.com/reports/hemodynamic-monitoring-system-market/372

Dermatology Lasers Market Size By Type (Gem Laser Machine, Gas Laser Machine, and Semiconductor Laser Machine), By Application (Beauty and Skin Diseases), Regions, Segmentation, and Projection till 2030           
https://greyviews.com/reports/dermatology-lasers-market/370