Market Overview:
The global suture passers market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing number of surgical procedures, technological advancements in suture passers, and rising demand for disposable-retrieving suture passers. However, the high cost of advanced suture passer devices may restrain the growth of this market during the forecast period. Based on type, reusable-disposable needle-based suture passers segment is expected to hold a dominant share in global market during forecast period due its low cost and easy availability as compared to other types of reusable and disposable suture passer devices.
Product Definition:
Suture passers are instruments used to pass a suture through the tissues. They come in various shapes and sizes, but all have a pointed end that is inserted into the tissue and a blunt end that is used to pull the suture through.
Reusable-Disposable Needle-Based Suture Passers:
Reusable-Disposable Needle-Based Suture passers are used for suturing and closing of skin wounds. It is a device that consists of needles, which can be changed after each use. The most important feature of this device is that it reduces the risk to health personnel from contracting bloodborne pathogens by eliminating needlestick injuries with disposable devices.
Reusable-Penetrating Suture Passers:
Reusable-penetrating sutures are used to pass through the tissues easily and quickly. These sutures are made of a special material which allows them to go through the tissues easily, without breaking or causing any damage. Reusable-penetrating suture passers have various applications in wound closure surgeries, skin grafting procedures and other medical emergencies where quick healing is required.
Application Insights:
Based on application, the global suture passers market is segmented into acute surgical care, ASCs, hospital and clinics. The ASCs segment held the largest share in 2017 owing to increasing number of surgeries globally. According to WHO, there were approximately 1.7 billion surgical procedures performed in 2015 which resulted in around 930 million surgical site infections (SSIs). Increasing SSI cases leads to a growing demand for sutures thus driving the growth of this segment.
The acute surgical care segment is expected to grow at a rapid pace over the forecast period due largely to rising number of trauma cases worldwide as well as locally due mainly to an increase in road accidents.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of manufacturers and suppliers. The region is expected to maintain its dominance over the forecast period due to increasing healthcare spending, rising adoption of advanced technologies, and favorable reimbursement policies & regulatory reforms by governments.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to improving healthcare infrastructure coupled with growing demand for surgical procedures in emerging countries such as China & India. In addition, increasing medical tourism in these countries will also drive regional growth during the forecast period. Moreover, an increase in foreign direct investments by international players such as Johnson & Johnson Services Inc.; Stryker Corporation; Medtronic plc; Koninklijke Philips N.V.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 7.8% from 2016 to 2021. This is primarily owing to the advantages offered by these surgeries over traditional open surgery procedures, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. Suture passers are an essential part of minimally invasive surgery procedures and are thus expected to witness high demand in the coming years.
- Rising prevalence of chronic diseases: The incidence of chronic diseases such as cancer, heart disease, and diabetes is on the rise globally due to changing lifestyles and increasing pollution levels. These diseases require repeated surgical interventions for treatment which in turn drives the demand for suture passers worldwide.
- Technological advancements in suture passer devices: The development of new technologies has led to the introduction of advanced suture passer devices that offer better performance characteristics than traditional devices. This has resulted in an increase in their adoption by surgeons worldwide, thereby driving market growth further..
Scope Of The Report
Report Attributes
Report Details
Report Title
Suture Passers Market Research Report
By Type
Reusable-Disposable Needle-Based Suture Passers, Reusable-Penetrating Suture Passers, Disposable-Retrieving Suture Passers
By Application
ASCs, Hospital, Clinic
By Companies
Smith & Nephew, Arthrex, Stryker, ConMed Linvatec, DePuy Mitek, Karl Storz, Zimmer Biomet, Richard Wolf, Ackermann, Cannuflow, Ceterix Orthopaedics, Gateway Medical, HNM Medical, Integrated Endoscopy, Karl Storz
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Suture Passers Market Report Segments:
The global Suture Passers market is segmented on the basis of:
Types
Reusable-Disposable Needle-Based Suture Passers, Reusable-Penetrating Suture Passers, Disposable-Retrieving Suture Passers
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
ASCs, Hospital, Clinic
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Smith & Nephew
- Arthrex
- Stryker
- ConMed Linvatec
- DePuy Mitek
- Karl Storz
- Zimmer Biomet
- Richard Wolf
- Ackermann
- Cannuflow
- Ceterix Orthopaedics
- Gateway Medical
- HNM Medical
- Integrated Endoscopy
- Karl Storz
Highlights of The Suture Passers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Reusable-Disposable Needle-Based Suture Passers
- Reusable-Penetrating Suture Passers
- Disposable-Retrieving Suture Passers
- By Application:
- ASCs
- Hospital
- Clinic
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Suture Passers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Suture passers are medical professionals who use sutures to close wounds. Suturing is a technique used in surgery to join two or more pieces of tissue.
Some of the key players operating in the suture passers market are Smith & Nephew, Arthrex, Stryker, ConMed Linvatec, DePuy Mitek, Karl Storz, Zimmer Biomet, Richard Wolf, Ackermann, Cannuflow, Ceterix Orthopaedics, Gateway Medical, HNM Medical, Integrated Endoscopy, Karl Storz.
The suture passers market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Suture Passers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Suture Passers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Suture Passers Market - Supply Chain
4.5. Global Suture Passers Market Forecast
4.5.1. Suture Passers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Suture Passers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Suture Passers Market Absolute $ Opportunity
5. Global Suture Passers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Suture Passers Market Size and Volume Forecast by Type
5.3.1. Reusable-Disposable Needle-Based Suture Passers
5.3.2. Reusable-Penetrating Suture Passers
5.3.3. Disposable-Retrieving Suture Passers
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Suture Passers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Suture Passers Market Size and Volume Forecast by Application
6.3.1. ASCs
6.3.2. Hospital
6.3.3. Clinic
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Suture Passers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Suture Passers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Suture Passers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Suture Passers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Suture Passers Demand Share Forecast, 2019-2026
9. North America Suture Passers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Suture Passers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Suture Passers Market Size and Volume Forecast by Application
9.4.1. ASCs
9.4.2. Hospital
9.4.3. Clinic
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Suture Passers Market Size and Volume Forecast by Type
9.7.1. Reusable-Disposable Needle-Based Suture Passers
9.7.2. Reusable-Penetrating Suture Passers
9.7.3. Disposable-Retrieving Suture Passers
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Suture Passers Demand Share Forecast, 2019-2026
10. Latin America Suture Passers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Suture Passers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Suture Passers Market Size and Volume Forecast by Application
10.4.1. ASCs
10.4.2. Hospital
10.4.3. Clinic
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Suture Passers Market Size and Volume Forecast by Type
10.7.1. Reusable-Disposable Needle-Based Suture Passers
10.7.2. Reusable-Penetrating Suture Passers
10.7.3. Disposable-Retrieving Suture Passers
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Suture Passers Demand Share Forecast, 2019-2026
11. Europe Suture Passers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Suture Passers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Suture Passers Market Size and Volume Forecast by Application
11.4.1. ASCs
11.4.2. Hospital
11.4.3. Clinic
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Suture Passers Market Size and Volume Forecast by Type
11.7.1. Reusable-Disposable Needle-Based Suture Passers
11.7.2. Reusable-Penetrating Suture Passers
11.7.3. Disposable-Retrieving Suture Passers
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growt Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Suture Passers Demand Share, 2019-2026
12. Asia Pacific Suture Passers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Suture Passers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Suture Passers Market Size and Volume Forecast by Application
12.4.1. ASCs
12.4.2. Hospital
12.4.3. Clinic
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Suture Passers Market Size and Volume Forecast by Type
12.7.1. Reusable-Disposable Needle-Based Suture Passers
12.7.2. Reusable-Penetrating Suture Passers
12.7.3. Disposable-Retrieving Suture Passers
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Suture Passers Demand Share, 2019-2026
13. Middle East & Africa Suture Passers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Suture Passers Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Suture Passers Market Size and Volume Forecast by Application
13.4.1. ASCs
13.4.2. Hospital
13.4.3. Clinic
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Suture Passers Market Size and Volume Forecast by Type
13.7.1. Reusable-Disposable Needle-Based Suture Passers
13.7.2. Reusable-Penetrating Suture Passers
13.7.3. Disposable-Retrieving Suture Passers
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Suture Passers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Suture Passers Market: Market Share Analysis
14.2. Suture Passers Distributors and Customers
14.3. Suture Passers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Smith & Nephew
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Arthrex
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Stryker
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ConMed Linvatec
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. DePuy Mitek
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Karl Storz
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Zimmer Biomet
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Richard Wolf
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Ackermann
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Cannuflow
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Ceterix Orthopaedics
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Gateway Medical
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. HNM Medical
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Integrated Endoscopy
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Karl Storz
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook