May
09, 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).
The report covers
forecast and analysis for the Surgical Suture market on a global and regional
level. The study provides historic data of 2013-2017 along with a forecast from
2018 to 2023 based on both output/volume and revenue. The study then describes
the drivers and restraints for the Surgical Suture market along with the impact
they have on the demand over the forecast period. Additionally, the report
includes the study of opportunities available in the
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