A recent report published by Infinium
Global Research on the surgical sutures market provides an in-depth analysis of
segments and sub-segments in the global as well as regional surgical sutures
market. The study also highlights the impact of drivers, restraints, and macro
indicators on the global and regional surgical sutures market over the short
term as well as long term. The report is a comprehensive presentation of
trends, forecast and dollar values of the global surgical sutures market. According
to the report, the global surgical sutures market is projected to grow at a
CAGR of 5.6% over the forecast period of 2019-2025.
The
surgical sutures are used to close the wounds or cut marks on the body. There
are different types of surgical sutures used during surgical procedures namely
absorbable and nor absorbable. As per the World Health Organization estimates,
around 11% of the global burden of disease (GBD) can be cured by the surgical
procedure. The continuous growing demand for the surgical procedure to cure
surgical problems is helping to grow the demand for surgical sutures around the
world.
The growing
demand for the different types of surgical treatment to remove the chronic
disease, painful disease, and other medical treatments, which need surgical
treatment, are helping to grow the demand for surgical sutures based products
around the world. Further, the increasing demand to treat fatal injuries,
malignancies, complications of pregnancy, congenital anomalies, cataracts, and
perinatal conditions permanently are helping to grow the demand for the
different types of surgical sutures. However, the availability of the different
types of treatment methods, which are surgery-free or require less surgical
procedure is restricting the growth of the surgical sutures market. The
increasing beauty consciousness among the youth and middle-class consumers is expected
to boost the demand for the different types of the surgical sutures market in
the near future.
North
America holds the largest share of the surgical sutures market, owing to the
presence of a number of organized health care industry in this region. Further,
the presence of a large number of patient pool, who need a surgical procedure
to treat their illness, beauty problems are helping to grow the market in this
region. The Asia-Pacific region is growing with a healthy CAGR owing to the
growing demand for the different types of surgical treatment in this region.
The report on the global surgical sutures
market covers segments such as product, type, application, and end user. On the
basis of product, the sub-markets include suture threads, and automated
suturing devices. On the basis of type, the sub-markets include multifilament
sutures, and monofilament sutures. On the basis of application, the sub-markets
include cardiovascular surgery, gynecological surgery, orthopedic surgeries,
ophthalmic surgery, cosmetic & plastic surgery, and other applications. On
the basis of end user, the sub-markets include hospitals, ambulatory surgical
centers (ASCS), and clinics & physician offices.
The report provides profiles of the
companies in the market such as Mellon Medical B.V., Surgical Specialties
Corporation, EndoEvolution, LLC, Sutures India, Internacional Farmacéutica S.A.
de C.V., Demetech, Smith & Nephew, Peters Surgical India Pvt. Ltd., Boston
Scientific, and Ethicon Inc.
The report provides deep insights into
the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of the surgical sutures market. Moreover, the study highlights current
market trends and provides forecast from 2019-2025. We also have highlighted
future trends in the market that will affect the demand during the forecast
period. Moreover, the competitive analysis given in each regional market brings
an insight into the market share of the leading players.