Surgical Sutures Market Scope
Surgical Sutures is medical equipment used to hold body tissues together after surgery. This is performed using a surgical needle with an attached length of thread. Different types of the needle by their mechanism are a taper, cutting, reverse cutting, trocar point, blunt points, and side cutting. And suturing techniques includes purse-string suture and circular inverting suture. Growing healthcare infrastructure in developing economies, technological advancement in the medical instruments, and an increasing number of patients with musculoskeletal disorders expected to drive the demand for surgical sutures over the forecasted period.
According to AMA, the Global Surgical Sutures market is expected to see growth rate of 5.6%
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Surgical Sutures market throughout the predicted period.
Ethicon, Inc. (United States), Medtronic plc (Ireland), B.Braun Melsungen AG (Germany), Smith& Nephew plc (United Kingdom), Boston Scientific Corporation (United States), Péters Surgical (France), DemeTECH Corporation (United States), Internacional Farmacéutica (Mexico), Sutures India (India), EndoEvolution, LLC. (United States), Apollo Endosurgery, Inc. (United States), Surgical Specialties Corporation (United States) and Mellon Medical B.V. (Netherlands) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Paul Hartmann AG (Germany), Kinetic Concepts, Inc. (United States), Molnlycke Healthcare (Sweden) and Centenial Surgical Suture Ltd. (India).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Surgical Sutures market by Type (Absorbable Sutures, Natural Sutures, Synthetic Sutures [Polyglactin 910 Sutures, Poliglecaprone 25 Sutures, Polydioxanone Sutures, Polyglycolic Acid Sutures, and Others] and Non-Absorbable Sutures [Nylon Sutures, Prolene Sutures, Stainless Steel Sutures Others]), by Application (Cardiovascular Surgery, General Surgery, Gynecological Surgery, Orthopedic Surgery, Ophthalmic Surgery, Cosmetic & Plastic Surgery and Other) and Region with country level break-up.
On the basis of geography, the market of Surgical Sutures has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Trend
- Increasing Applications of Surgical Sutures in Peripheral Vascular Surgeries
- Emergence of Reusable Automated Suturing Devices
Market Drivers
- Increasing Number of Patients with Musculoskeletal Disorders
- Rise in Number of Surgical Procedures
- Growing Geriatric Population
Opportunities
- Growth in Number of Patients with Chronic Diseases
- Rising Demand from Low and Middle Income Group Countries
Restraints
- Stringent Government Regulation Regarding Manufacturing of Medical Devices
- High Initial Investment Associated with Surgical Sutures
Challenges
- Growing Inclination for Minimally Invasive Surgical Procedures
Key Target Audience
Medical Device Companies, Vendors of Surgical Sutures, Healthcare Associations/Institutes, Hospitals and Clinics, Research and Consulting Firms, Healthcare Associations/Institutes, Venture Capitalists and Government Agencies