Sutures Market Industry Trends and Forecast tot
Sutures Market – Industry Trends and Forecast to 2027 with key market
like Smith + Nephew, DemeTECH Corporation, Atramat, EndoEvolution, LLC,
Surgical Specialties Corporation, Mellon Medical B.V., CONMED Corporation.
Sutures Market By Product
Type (Suture Threads, Automated Suturing Devices), Type (Multifilament Sutures,
Monofilament Sutures), Application (Cardiovascular Surgery, General Surgery,
Gynecological Surgery, Orthopedic Surgeries, Ophthalmic Surgery, Cosmetic and
Plastic Surgery, Neurological Surgery, Other Applications), End User
(Hospitals, Ambulatory Surgical Centers, Clinics and Physician
Offices), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France,
Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan,
China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia,
Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America,
South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East &
Africa) Industry Trends and Forecast to 2027.
Sutures market is expected to gain market growth in the forecast
period of 2021 to 2027. Data Bridge Market Research analyses the market to
account to grow at a CAGR of 7.02% in the above-mentioned forecast period.
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The flexible government regulations for surgical
procedures has created a huge demand for long sutures to close wound in
different disease such as skin ulcers, pediatric cardiac surgery,
neuropathic ulcers and diabetic ulcers, which is largely impacting the growth
of sutures market over the forecast period of 2021 to 2027. Also, the
increase in the number of surgeries owing to unhealthy lifestyle and aging
population is highly supporting the overall sutures market growth rate.
Moreover, better safety and efficacy of various surgeries due to
various technological advancements are also adding to the market growth.
Currently, the global sutures market is fueled by increasing aging population,
mounting incidence of continual diseases, growing healthcare expenses,
favorable reimbursement scenario, aging baby boomers, the introduction of
technologically advanced products, growing number of burns surgeries and
increasing number of hospitals. While, the shifting inclination towards
minimally invasive surgery and presence of alternate wound care management
products is expected to impede the growth of the sutures market in the above
mentioned forecast period. Additionally, the upsurge in the incidence rate
of chronic diseases is also lifting the growth of the sutures market.
The low and middle-income countries and growing focus on
development of technological advanced suture design will create ample growth
opportunities for the sutures market to grow in the forecast period of 2021 to
2027. The growing demand for surgical staplers and lack of product innovations
are expected to challenge the market growth of sutures in the above mentioned
forecast period.
This sutures market report provides details of new recent
developments, trade regulations, import export analysis, production analysis,
value chain optimization, market share, impact of domestic and localized market
players, analyses opportunities in terms of emerging revenue pockets, changes
in market regulations, strategic market growth analysis, market size, category
market growths, application niches and dominance, product approvals, product
launches, geographic expansions, technological innovations in the market. To
gain more info on sutures market contact Data Bridge Market Research for
an Analyst Brief, our team will help you take an informed market decision
to achieve market growth.
Sutures Market Scope and Market
Size
Sutures market is segmented on the basis of product type, type,
application and end user. The growth amongst these segments will help you
analyze meager growth segments in the industries, and provide the users with
valuable market overview and market insights to help them in making strategic
decisions for identification of core market applications.
Based on product type, the sutures market is segmented into
suture threads and automated suturing devices. Suture threads have further been
segmented into absorbable sutures and non-absorbable sutures. Absorbable
sutures are further sub-segmented into synthetic sutures and natural sutures.
Synthetic sutures are also further sub-segmented into polyglactin 910 sutures,
poliglecaprone 25 sutures, polydioxanone sutures, polyglycolic acid sutures and
other synthetic sutures. Non-absorbable sutures are further sub-segmented into
nylon sutures, prolene sutures, stainless steel sutures and other
non-absorbable sutures. Automated suturing devices have further been segmented
into disposable automated suturing devices and reusable automated suturing
devices.
On the basis of type, the sutures market is segmented into multifilament
sutures and monofilament sutures.
On the basis of application, the sutures market is segmented
into cardiovascular
surgery, general surgery, gynecological surgery, orthopedic surgeries,
ophthalmic surgery, cosmetic and plastic surgery, neurological surgery and
other applications.
The end user segment of the sutures market is segmented into hospitals,
ambulatory surgical centers and clinics and physician offices.
Global Sutures Market Country
Level Analysis
Sutures market is analyzed and market size insights and trends
are provided by country, product type, type, application and end user as
referenced above.
The countries covered in the sutures market report are U.S.,
Canada and Mexico in North America, Germany, France, U.K., Netherlands,
Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe,
China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand,
Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC),
Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and
Africa (MEA) as a part of Middle East and Africa(MEA), Brazil, Argentina and
Rest of South America as part of South America.
North America region leads the sutures market owing to the high
adoption of technologically advanced devices, rising domestic income and strong
presence of major companies in this particular region. Asia-Pacific is expected
to expand at a significant growth rate over the forecast period of 2021 to 2027
owing to the introduction of technologically advanced products owing to rising
investment by market players, high volume of surgeries and rising consumer disposable
income levels in the region.
The country section of the sutures market report also provides
individual market impacting factors and changes in regulation in the market
domestically that impacts the current and future trends of the market. Data
points such as consumption volumes, production sites and volumes, import export
analysis, price trend analysis, cost of raw materials, down-stream and upstream
value chain analysis are some of the major pointers used to forecast the market
scenario for individual countries. Also, presence and availability of global
brands and their challenges faced due to large or scarce competition from local
and domestic brands, impact of domestic tariffs and trade routes are considered
while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed
Base and New Technology Penetration
Sutures market also provides you with detailed market analysis
for every country growth in healthcare expenditure for capital equipment,
installed base of different kind of products for sutures market, impact of
technology using life line curves and changes in healthcare regulatory
scenarios and their impact on the sutures market. The data is available for
historic period 2010 to 2018.
Competitive Landscape and Sutures Market Share Analysis
Sutures
market competitive landscape provides details by competitor. Details
included are company overview, company financials, revenue generated, market
potential, investment in research and development, new market initiatives,
global presence, production sites and facilities, production capacities,
company strengths and weaknesses, product launch, product width and breadth,
application dominance. The above data points provided are only related to the
companies’ focus related to sutures market.
The major players covered in the sutures market report are B.
Braun Melsungen AG, Medtronic, Boston Scientific Corporation, Smith + Nephew,
DemeTECH Corporation, Atramat, EndoEvolution, LLC, Surgical Specialties
Corporation, Mellon Medical B.V., CONMED Corporation, W. L. Gore &
Associates, Inc., Medline Industries, Inc, Teleflex Incorporated, Zimmer
Biomet, Integra LifeSciences Corporation, Johnson & Johnson Services, Inc.,
Peters Surgical, AD Surgical, An American Company, Dolphin Sutures, USIOL Inc.,
and Lotus Surgicals among other domestic and global players. Market share
data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle
East and Africa (MEA) and South America separately. DBMR analysts understand
competitive strengths and provide competitive analysis for each competitor
separately.
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This
report provides pin-point analysis for changing competitive dynamics
It
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It
provides a six-year forecast assessed on the basis of how the market is
predicted to grow
It helps
in understanding the key product segments and their future
It
provides pin point analysis of changing competition dynamics and keeps you
ahead of competitors
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by making in-depth analysis of market segments
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