Market Overview
A premier international research firm's ground-breaking market research report will take you on an immersive tour of the complex Surgical Suture Market industry. Offering insights into both regional and global markets, this extensive report presents a rich tapestry of data and visual representations. Become fully involved in investigating market goals, uncovering important players, market principles, and evolving tactics. The report covers the market's past and present and is written with the skill of a master storyteller, providing stakeholders with insightful information.
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.
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Surgical Suture Market Scope
Explore the depths of market dynamics as the study reveals rivals' growth strategies and trade secrets. Serving as an alchemist of insights, it reveals the values and demands of local and international markets, offering a comprehensive grasp of the competitive environment. The report creates a clear picture of marketing tactics, goods, deals, and customer experiences by using segmentation factors. Discover the charm of Pestle analysis and the enchantment of Porter's analysis as they lead interested parties through the world of the Surgical Suture market.
Surgical Suture Market Segmentation:
By Type, the absorbable segment held the largest revenue share of over 56% in 2022 because of its capacity to offer temporary support to wounds while they heal and its ability to tolerate regular stress. Also, the need for absorbable sutures is always increasing, which might be related to their inherent degradability. As a result, leading market players are spending on R&D efforts, which is expected to assist the absorbable sector to grow in the future.
by Type
• Absorbable
• Non-absorbable
By Filament, the multifilament segment dominated the market with a revenue share of over 50% in 2022. During the forecast period, the multifilament segment is also expected to grow at the highest rate. This is due to benefits associated with the multifilament strands, such as improved pliability, high tensile strength, and flexibility.
by Filament
• Cardiovascular Surgery
• General Surgery
• Gynecological Surgery
• Orthopedic Surgery
• Ophthalmic Surgery
• Cosmetic & Plastic Surgery
• Other
By Application, the other segment dominated the market for surgical sutures and held a revenue share of over 41% in 2022. In 2022, the cardiovascular surgery segment had the second-largest revenue share. This is due to the high prevalence of cardiac disorders, the availability of adequate expertise in the field, favorable reimbursement conditions, and advancements in diagnostics.
by Application
• Cardiovascular Surgery
• General Surgery
• Gynecological Surgery
• Orthopedic Surgery
• Ophthalmic Surgery
• Cosmetic & Plastic Surgery
• Other
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)
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Table of Content: Surgical Suture Market
01: Executive Summary
02: Scope of the Surgical Suture Market Report
03: Surgical Suture Market Landscape
04: Surgical Suture Market Sizing
05: Surgical Suture Market Segmentation by Type
06: Five Forces Analysis
07: Customer Landscape
08: Geographic Landscape
09: Decision Framework
10: Drivers and Challenges
11: Market Trends
12: Vendor Landscape
13: Vendor Analysis
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Regional Analysis
As the global market awakens, the report unveils a treasure map guiding explorers to coveted business territories. Regional analyses for Asia Pacific, North America, Latin America, the Middle East, Europe, and Africa are presented with precision, offering unique insights into opportunities, targets, and market values.
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