Market Overview:
The global dissolvable sutures market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for minimally invasive surgeries and rising awareness about the benefits of using dissolvable sutures over conventional stitches. Based on type, the global dissolvable sutures market is segmented into natural dissolvable sutures and synthetic dissolvable sutures. The natural dissolvable suture segment is expected to grow at a higher CAGR than the synthetic dissolving Suture segment during the forecast period from 2018 to 2030, owing to their biocompatibility and lack of adverse effects on tissues. Based on application, hospitals are estimated account for majority share in terms of revenue in 2017 followed by clinics, ambulatory surgical centers (ASCs), and others segments respectively. Geographically, North America dominates global Dissolving Suturing Market with highest revenue share contribution In 2017 And Is Expected To Grow At A Significant Rate Over The Forecast Period Followed By Europe And Asia Pacific Region Respectively .
Product Definition:
A suture that is designed to dissolve over time, typically anywhere from seven to fourteen days. This type of closure is often used for superficial wounds that do not require much tension for healing.
Natural Dissolvable Sutures:
Natural dissolvable sutures are made of natural materials such as silk, collagen and surgical steel. These sutures are biodegradable in nature and can be dissolved by body’s own enzymes present inside the human body. The enzyme attack on these sutures causes hydrolysis to break down the chemical bond which allows it to fall apart or dissolve naturally.
Synthetic Dissolvable Sutures:
Synthetic dissolvable sutures are also known as artificial ligaments or artificial connective tissue. They are made up of synthetic polymers and can be used in place of natural connective tissues such as collagen, tendons, and ligaments.
Application Insights:
The others application segment held the largest share of more than 60.0% in 2017. The other applications include diagnostic laboratories, home healthcare, and others. Home healthcare is expected to be the fastest-growing application over the forecast period owing to increasing geriatric population base and rising incidences of chronic diseases that require surgical procedures for treatment or management such as cardiovascular diseases, cancer & tumor management, orthopedic disorders & trauma cases among others.
Increasing demand for minimally invasive surgeries coupled with high disposable income levels in countries like Germany are expected to drive the market growth over the forecast period especially in Europe where Dissolvable Sutures are already being used successfully by surgeons.
Regional Analysis:
North America dominated the global market in 2017 owing to the increasing prevalence of chronic diseases, presence of well-established healthcare facilities, and availability of highly skilled physicians. Moreover, an increase in government initiatives for promoting quality healthcare services is expected to drive the market growth over the forecast period. For instance, ‘quality improvement' initiative by CMS focuses on patient safety and care through continuous improvement activities that include hospital-acquired infections (HAIs), surgical site infections (SSI), medication errors leading to death or disability among others.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global dissolvable sutures market is expected to grow at a CAGR of 5.5% during the forecast period. This can be attributed to the increasing demand for minimally invasive surgeries, which require smaller incisions and result in less pain and scarring.
- Rising prevalence of chronic diseases: The prevalence of chronic diseases such as cancer, diabetes, and obesity is rising globally, which is leading to an increase in the number of surgical procedures performed each year. This is driving the growth of the dissolvable sutures market.
- Technological advancements: The development of new types of dissolvable sutures that are easier to use and cause less tissue damage is aiding the growth of this market. For instance, recently developed absorbable stitches made from polyglycolic acid (PGA) degrade within days after implantation into tissue without causing any inflammation or scarring around them4). Such technological advancements are helping to expand the application areas for dissolvable sutures and are thus fuelling market growth..
Scope Of The Report
Report Attributes
Report Details
Report Title
Dissolvable Sutures Market Research Report
By Type
Natural Dissolvable Sutures, Synthetic Dissolvable Sutures
By Application
Hospitals, Clinics, Ambulatory Surgical Centers, Others
By Companies
Medtronic, Boston Scientific, Johnson & Johnson, Smith & Nephew, B. Braun Melsungen, Demetech, Peters Surgical, Sutures India, Dolphin Sutures, Internacional Farmaceutica
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Dissolvable Sutures Market Report Segments:
The global Dissolvable Sutures market is segmented on the basis of:
Types
Natural Dissolvable Sutures, Synthetic Dissolvable Sutures
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
Hospitals, Clinics, Ambulatory Surgical Centers, Others
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:
- Medtronic
- Boston Scientific
- Johnson & Johnson
- Smith & Nephew
- B. Braun Melsungen
- Demetech
- Peters Surgical
- Sutures India
- Dolphin Sutures
- Internacional Farmaceutica
Highlights of The Dissolvable Sutures 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:
- Natural Dissolvable Sutures
- Synthetic Dissolvable Sutures
- By Application:
- Hospitals
- Clinics
- Ambulatory Surgical Centers
- Others
- 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 Dissolvable Sutures 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?
Dissolvable sutures are a type of medical adhesive that can be dissolved by body fluids. Dissolvable sutures are used to close wounds and help prevent infection.
Some of the major players in the dissolvable sutures market are Medtronic, Boston Scientific, Johnson & Johnson, Smith & Nephew, B. Braun Melsungen, Demetech, Peters Surgical, Sutures India, Dolphin Sutures, Internacional Farmaceutica.
The dissolvable sutures 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. Dissolvable Sutures 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. Dissolvable Sutures Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Dissolvable Sutures Market - Supply Chain
4.5. Global Dissolvable Sutures Market Forecast
4.5.1. Dissolvable Sutures Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Dissolvable Sutures Market Size (000 Units) and Y-o-Y Growth
4.5.3. Dissolvable Sutures Market Absolute $ Opportunity
5. Global Dissolvable Sutures 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. Dissolvable Sutures Market Size and Volume Forecast by Type
5.3.1. Natural Dissolvable Sutures
5.3.2. Synthetic Dissolvable Sutures
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Dissolvable Sutures 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. Dissolvable Sutures Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Clinics
6.3.3. Ambulatory Surgical Centers
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Dissolvable Sutures 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. Dissolvable Sutures 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 Dissolvable Sutures 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. Dissolvable Sutures 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 Dissolvable Sutures Demand Share Forecast, 2019-2026
9. North America Dissolvable Sutures 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 Dissolvable Sutures 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 Dissolvable Sutures Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Clinics
9.4.3. Ambulatory Surgical Centers
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Dissolvable Sutures Market Size and Volume Forecast by Type
9.7.1. Natural Dissolvable Sutures
9.7.2. Synthetic Dissolvable Sutures
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 Dissolvable Sutures Demand Share Forecast, 2019-2026
10. Latin America Dissolvable Sutures 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 Dissolvable Sutures 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 Dissolvable Sutures Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Clinics
10.4.3. Ambulatory Surgical Centers
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Dissolvable Sutures Market Size and Volume Forecast by Type
10.7.1. Natural Dissolvable Sutures
10.7.2. Synthetic Dissolvable Sutures
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 Dissolvable Sutures Demand Share Forecast, 2019-2026
11. Europe Dissolvable Sutures 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 Dissolvable Sutures 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 Dissolvable Sutures Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Clinics
11.4.3. Ambulatory Surgical Centers
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Dissolvable Sutures Market Size and Volume Forecast by Type
11.7.1. Natural Dissolvable Sutures
11.7.2. Synthetic Dissolvable Sutures
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth 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 Dissolvable Sutures Demand Share, 2019-2026
12. Asia Pacific Dissolvable Sutures 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 Dissolvable Sutures 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 Dissolvable Sutures Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Clinics
12.4.3. Ambulatory Surgical Centers
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Dissolvable Sutures Market Size and Volume Forecast by Type
12.7.1. Natural Dissolvable Sutures
12.7.2. Synthetic Dissolvable Sutures
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 Dissolvable Sutures Demand Share, 2019-2026
13. Middle East & Africa Dissolvable Sutures 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 Dissolvable Sutures 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 Dissolvable Sutures Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Clinics
13.4.3. Ambulatory Surgical Centers
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Dissolvable Sutures Market Size and Volume Forecast by Type
13.7.1. Natural Dissolvable Sutures
13.7.2. Synthetic Dissolvable Sutures
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 Dissolvable Sutures Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Dissolvable Sutures Market: Market Share Analysis
14.2. Dissolvable Sutures Distributors and Customers
14.3. Dissolvable Sutures Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Medtronic
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Boston Scientific
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Johnson & Johnson
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Smith & Nephew
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. B. Braun Melsungen
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Demetech
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Peters Surgical
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sutures India
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Dolphin Sutures
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Internacional Farmaceutica
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
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
