Product Code: RP-ID-10078934 |
Published Date: 21 Oct 2022 |
Region: NA |
Category: Healthcare & Pharmaceuticals |
Report ID: 10078934
Market Overview:
Global Surgical Sutures Industry By Application (Cardiovascular Surgeries, General Surgeries, And Gynecological Surgeries), By Product (Sutures Thread, Automated Suturing Devices), and By End-Users (Hospitals, Other End-Users) - Market Forecast and Size Analysis 2019-2025
Global Surgical Sutures Industry was valued at USD 3.6 Billion in the year 2017. Global Sutures Staplers Industry is further estimated to grow at a CAGR of 5.6 % from 2019 to reach USD 5.34 Billion by the year 2025.
North America region holds the highest Industry share and Asia Pacific is considered as the fastest growing Industry in the forecasted period. The dominance of North America is attributed to factors such as the growing geriatric population. At country level U.S, China, India and Japan holds the substantial Industry share owning to high population base, growth in awareness about Sutures and development in healthcare infrastructure.
Major market players in Surgical Sutures Industry are Ethicon Inc., B. Braun Melsungen AG
Péters Surgical, Demetech Corp., Smith & Nephew, Becton, Dickinson and Company, Medtronic Plc., Sutures India Pvt. Ltd., Apollo Endo-surgery Inc., Mellon Medical B.V., and brief overview of 10 companies is also provided in the report.
Strength:
Growing number of surgical procedures across the globe
Rapid increase in geriatric population globally
Weakness:
Poor demand in under developed countries
Opportunities:
Rise in adoption of cosmetics surgeries
Significant Growth Potential in Emerging industries
Threats:
Lack of Trained Professionals
The global surgical sutures Industry has been segmented on product, application, end user, and regions. On the basis of product, the Industry is segmented into suture threads and automated suturing devices of which suture threads are expected to account for the largest share of the Industry in 2018. Based on the application, the Industry is segmented into abdominal & pelvic surgery, general surgery, cardiac and thoracic surgery, and orthopedic surgery of which abdominal & pelvic surgery is expected to account for the largest share of the Industry.
By Product
• Sutures Thread
o Absorbable Sutures
o Non-Absorbable Sutures
• Automated Suturing Devices
By Application
• Cardiovascular Surgeries
• General Surgeries
• Gynecological Surgeries
• Orthopedic Surgeries
• Ophthalmic Surgeries
• Other Application
By End-Users
• Hospitals
• Other End-Users
By Region
• North America
o USA
o Canada
• Europe
o Germany
o U.K.
o France
o Italy
o Rest of Europe
• APAC
o China
o India
o Japan
o Rest of Asia-Pacific
• RoW
o Latin America
o Middle East & Africa
Related Reports
Proof of Quality & Reliability
