February
27, 2019: Global Surgical Suture Market is anticipated to
grow significantly in the forecast period due to the growing geriatric
population and increasing number of surgical procedures worldwide. Surgical
sutures (stitches) are medical devices that are used to hold body tissues
together after surgery. They come in different shapes and sizes and are used
with a needle attached to the thread. Surgical sutures are mostly used on
internal tissues, blood vessels, organs and skin.
Currently, people
are facing severe injuries and surgeries due to road mishaps. Moreover,
surgical sutures are extremely important for treating injuries and wounds due
to road accidents. The rise in number of road mishaps and other accidents,
which require surgical sutures is resulting in the significant growth of surgical
sutures market. Minimally invasive cosmetic surgeries have increased over the
years. Also, the rising number of plastic and cosmetic surgeries are predicted
to drive surgical sutures market in the years to come.
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More and more
people are suffering from heart diseases and hence they require either heart
transplant, cardiovascular surgeries or organ transplant. These medical
emergencies are expected to stimulate surgical sutures market noticeably in
future. Adding to these, there are few unexpected tissue reactions in the area
of Vicryl suture material (4 cases with Vicryl plus, 8 cases with Vicryl) that
hamper the growth of surgical suture market. At present, the increasing
conditions of chronic disorders, rising healthcare expenses, growing number of
surgeries and wounds and growing number of hospitals are the major driving
factors in surgical sutures market.
However, the
increase in demand for improved wound closing materials, lack of product
advancements in surgical sutures and adverse effects from surgical sutures are
acting as major obstacles for surgical suture market.
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Different types of
sutures are used for different purposes. Surgical sutures can be divided into
two groups; absorbable (PGCL, PGA, PDO) and non-absorbable (Nylon, Polyester,
Polypropylene, Silk). Absorbable sutures break down in tissue after the
specified time. As the wound gets healed, absorbable tissue also degrades.
Non-absorbable sutures are removed by the doctor after the wound is completely
healed.
Surgical suture
market is categorized on the basis of product, application, end user, and
geography. On the basis of product, surgical suture market is divided into
absorbable sutures, non-absorbable sutures, and automated suturing devices.
Absorbable sutures can be further divided into natural sutures and synthetic
sutures. Non-absorbable sutures can be further classified into nylon sutures,
prolene sutures, stainless steel sutures, other non-absorbable sutures.
Automated suturing devices are further divided as disposable and reusable.
Based on
application, surgical suture market is divided into cardiovascular surgeries,
general surgeries, gynecological surgeries, orthopedic surgeries, ophthalmic
surgeries, and others.
On the basis of end
user, surgical suture market is classified into hospitals, and others (private
clinics, nursing homes, and ambulatory surgery centers). Hospital segment is
expected to hold larger share of surgical suture market due to the increasing number
of surgical conditions that require surgery and growing geriatric population.
Geographically,
surgical suture market is segmented as North America, Latin America, Europe,
Asia Pacific, and Middle East & Africa. Due the growing prevalence of
lifestyle diseases and growing elderly population, North America followed by
Europe are predicted to dominate surgical suture market.
The prominent
players in surgical suture market comprise Johnson & Johnson Inc., B. Braun
Melsungen AG, 3M Healthcare, Medtronic Inc., Smith & Nephew plc, Kinetic
Concepts, Inc., Urgo Medical, Demetech Corporation, Conmed Corporation, W.L.
Gore & Associates, BSN Medical, Paul Hartmann AG, Endoevolution LLC, Boston
Scientific Corporation, Sutures India Pvt Ltd., Internacional Farmaceutica S.A.
De C.V., Molnlycke Healthcare, ConvaTec Inc., Coloplast Corporation, and
Hollister Incorporated.
Global surgical
suture market is anticipated to grow at a CAGR of 4.2% by 2023, according to a
new report published by Gen Consulting Company. The report segments the market
and forecasts its size, by volume and value, on the basis of type (natural
fiber, synthetic fiber, mixed sutures, etc.), and by geography (North America,
Europe, Asia-Pacific, MEA and South America).
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Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519
Email: sales@radiantinsights.com
Blog URL: http://pharmaceuticalshealthcaremarketforecasts.wordpress.com