Global Surgical Sutures Industry is poised to attain US$ 13.9 Billion by 2032, driven by technological advancements and the surging elderly population | FMI

Surgical Sutures Industry

The global surgical sutures industry size is poised for remarkable expansion, with projections indicating a robust Compound Annual Growth Rate (CAGR) of 5.4% during the forecast period from 2022 to 2032. According to comprehensive market analysis, the industry is anticipated to escalate from an estimated worth of US$ 8.2 billion at the close of 2022 to an impressive US$ 13.9 billion by the conclusion of 2032.

Surgical sutures play a crucial role in the field of medicine, enabling the closure of wounds and promoting the healing process. Over the years, the Surgical Sutures Market has witnessed significant advancements in terms of materials, designs, and techniques, catering to the ever-changing needs of healthcare professionals. This essay explores the evolving landscape of the surgical sutures market, highlighting key trends, advancements, and future prospects.

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Surgical sutures have been utilized for centuries, with early civilizations using natural materials such as plant fibers, animal tendons, and even hair. The advent of modern medicine brought about the introduction of synthetic sutures, including nylon and polypropylene, which provided greater strength and reduced the risk of infection. As surgical techniques advanced, the demand for sutures increased, leading to the development of a wide range of suture materials and designs.

Sutures used in surgery have many different uses because they help the body’s natural healing process by holding tissues together after surgery or any type of injury. These sutures are frequently utilised on the skin, internal organs, blood vessels, and tissues. The absorbable suture used in surgery has a tendency to either dissolve or be absorbed by the body after a predetermined period of time. These sutures are made from both synthetic materials like catgut and natural ones like polyglycolic acid, caprolactone, polydioxanone, polyglactin, and polyglyconate. Knotted absorbable sutures and knotless absorbable sutures are the two different forms of absorbable sutures.

The non-absorbable sutures must be removed once the allotted time period has passed since they are made of a material that is resistant to biological physiological processes. Sutures consisting of silk, nylon, polypropylene, and polyester are used in their creation. Non-absorbable sutures can be divided into two categories: knotted non-absorbable sutures and knotless non-absorbable sutures. The surgical suture industry experienced some significant technological improvements in recent years, which has resulted in a higher acceptance of surgical sutures than other wound closure techniques.

Key Takeaways:

• Some of the major advancements within the surgical sutures market include massive utilization of synthetic materials that are imbibed with special tissue-holding properties and are associated with less risk of infection and scar formation, suture coatings, braiding technologies, barbed sutures, and new specialty sutures, which are in the pipeline. Antibacterial-coated suture like Triclosan-coated polyglactin 910 reduces surgical site infection prevalence by 30%. The handling and tension force of these sutures was comparable to standard suture materials.
• These surgical sutures are excessively used in therapeutic procedures along with a rising surgery market, incorporating the importance of patient outcome improvement and ensuring safe recovery from surgeries continues to drive the growth of the surgical sutures market. Key players in healthcare facilities and regulators are meticulously focusing on the outcomes of the patient and quality improvement. In addition to that, positive changes in reimbursement policies and widespread healthcare coverage are also expected to drive the market.

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Competitive Landscape:

The overall surgical sutures market is known to be highly fragmented owing to the presence of several competitors within the surgical sutures production spheres. In order to meet consumer demand and simultaneously expand their customer base, these companies are implementing methods such as mergers and acquisitions, partnerships and collaborations, and new product launches.

More Insights into the Surgical Sutures Market:

India is expected to account for the highest market share by accounting for the total revenue of around 52.3% in the South Asian market in 2021 and is also expected to display growth at a lucrative CAGR of around 7.3% in the global surgical sutures market during the forecast period.

The growth in the Indian market is attributed to the presence of a large number of surgical sutures manufacturers in India which are exporting their products to underpenetrated countries like Vietnam, South Africa, Zambia, Sudan, Portugal, etc.

The U.S. dominates the entire North American region as it accounted for a total market share of around 93.5% in 2021 and is expected to continue to experience the same growth throughout the forecast period. The growth in the market is attributed to the presence of leading market players from this country.

Germany is yet another country that is set to exhibit a CAGR of around 4.4% in the European surgical sutures market across the assessment period. Germany ranks third after China, on the basis of revenue generation with a global market share of around 7.0%.

Key Companies Profiled:                

• B. Braun Melsungen AG
• Johnson & Johnson (Ethicon)
• CP Medical
• Atramat
• Medtronic (Covidien)
• DemeTECH Corporation
• Teleflex Incorporated (Teleflex Medical OEM)
• Sutumed
• Kono Seisakusho Co.,Ltd
• Mani Inc.

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Key Market Segments Covered in Surgical Sutures Industry Research:

By Product:

• Surgical Sutures
• Mechanical Sutures

By Suture Material:

• Absorbable Sutures
• Non-Absorbable Sutures

By Filament:

• Monofilament/ Barb Sutures
• Multifilament / Braided Sutures

By Raw Material:

• Natural Sutures
  • Silk Sutures
  • Catgut Sutures
• Synthetic Sutures
  • Polyglactin 910 Sutures
  • Polyglecaprone 25 Sutures
  • Polydioxanone Sutures
  • Polyglycolic Acid Sutures
  • Nylon Sutures
  • Prolene Sutures
  • Stainless Steel Sutures
  • Others

By Coating:

• Coated Sutures
• Non-Coated Sutures

By Application:

• General Surgery
• Gynaecology Surgery
• Orthopaedic Surgery
• Ophthalmic Surgery
• Cosmetic & Plastic Surgery
• Cardiac Surgery
• Others Applications

By End User:

• Hospitals
• Specialized Clinics
• Ambulatory Surgical Centers

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