Market Overview:
The global gastrointestinal surgery suture thread 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 incidence of gastrointestinal diseases, rising demand for minimally invasive surgeries, and technological advancements in surgical procedures. Based on type, the global gastrointestinal surgery suture thread market is segmented into mid-term absorbable and non-absorbable. The mid-term absorbable segment is expected to account for the majority share of the global market in 2018 owing to its properties such as biocompatibility, easy handling, and low tissue reactivity. By application, the hospital segment is expected to dominate the global market in 2018 due to increased use of surgical procedures for treating various diseases such as cancer and obesity.
Product Definition:
Gastrointestinal Surgery Suture Thread is a type of surgical thread used in gastrointestinal surgery. It is made from a strong, absorbable material that helps to hold the tissue together during surgery. The thread may also be coated with a sealant to help reduce the risk of leakage after surgery.
Mid-Term Absorbable:
The global mid-term absorbable market size was valued at USD 1.6 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The increasing number of gastrointestinal (GI) procedures worldwide coupled with rising demand for minimally invasive surgeries is primarily driving growth.
Non-Absorbable:
Non-absorbable suture threads are used in gastrointestinal (GI) endoscopic surgeries. These products have several advantages over absorbable sutures, which is the traditional method of joining tissues or organs during GI procedures. The non-absorbable product has several benefits such as it does not get absorbed by the body and poses a lower risk to patients who take biologics (injections for tissue healing).
Application Insights:
Based on application, the global gastrointestinal surgery suture thread market is segmented into hospital, clinic or care center, and others. The hospital segment dominated the overall market in terms of revenue in 2017 owing to a high volume of surgeries performed at hospitals. In addition, an increasing number of government initiatives promoting better hygiene and standard healthcare infrastructure across various countries is expected to boost industry growth over the forecast period.
The Clinic or Care Center segment is anticipated to witness significant growth during the forecast period due to rising demand for cost-effective treatment options that do not require extensive traveling and lodging expenses as compared with hotels required by patients for hotel-based procedures.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing prevalence of obesity, high disposable income, and availability of skilled surgeons. Moreover, growing awareness regarding various procedures for weight loss surgeries is anticipated to further propel the region’s growth over the forecast period. Asia Pacific is expected to witness lucrative growth during the forecast period owing to improving healthcare infrastructure and rising patient awareness about available treatments for obesity and gastric bypass surgery.
Moreover, increasing number of bariatric surgical procedures performed worldwide has been fueling regional demand since 2014; however with a major shift towards minimally invasive techniques due to rapid technological advancements coupled with government initiatives promoting quality healthcare services are anticipated drive future growth rates from 2018-2030 The key players operating in this space include Johnson & Johnson Services Inc.
Growth Factors:
- Increasing incidence of gastrointestinal diseases
- Growing geriatric population
- Rising demand for minimally invasive surgeries
- Technological advancements in surgical suture thread products
- increasing healthcare expenditure
Scope Of The Report
Report Attributes
Report Details
Report Title
Gastrointestinal Surgery Suture Thread Market Research Report
By Type
Mid-Term Absorbable, Non-Absorbable
By Application
Hospital, Clinic, Care Center, Others
By Companies
B. Braun, Vitrex Medical, TROGE MEDICAL, Katsan Tıbbi Cihazları, Yavo
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
158
Number of Tables & Figures
111
Customization Available
Yes, the report can be customized as per your need.
Global Gastrointestinal Surgery Suture Thread Market Report Segments:
The global Gastrointestinal Surgery Suture Thread market is segmented on the basis of:
Types
Mid-Term Absorbable, Non-Absorbable
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
Hospital, Clinic, Care Center, 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:
- B. Braun
- Vitrex Medical
- TROGE MEDICAL
- Katsan Tıbbi Cihazları
- Yavo
Highlights of The Gastrointestinal Surgery Suture Thread 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:
- Mid-Term Absorbable
- Non-Absorbable
- By Application:
- Hospital
- Clinic
- Care Center
- 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 Gastrointestinal Surgery Suture Thread 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.
How you may use our products:
- Correctly Positioning New Products
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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?
Gastrointestinal surgery suture thread is a type of medical suture used to close or secure the gastrointestinal (GI) tract. It is made from a strong, durable material that can withstand repeated use.
Some of the key players operating in the gastrointestinal surgery suture thread market are B. Braun, Vitrex Medical, TROGE MEDICAL, Katsan Tıbbi Cihazları, Yavo.
The gastrointestinal surgery suture thread market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Gastrointestinal Surgery Suture Thread Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Gastrointestinal Surgery Suture Thread Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Gastrointestinal Surgery Suture Thread Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Gastrointestinal Surgery Suture Thread Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Gastrointestinal Surgery Suture Thread Market Size & Forecast, 2020-2028
4.5.1 Gastrointestinal Surgery Suture Thread Market Size and Y-o-Y Growth
4.5.2 Gastrointestinal Surgery Suture Thread Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Mid-Term Absorbable
5.2.2 Non-Absorbable
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Care Center
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Gastrointestinal Surgery Suture Thread Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Gastrointestinal Surgery Suture Thread Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Mid-Term Absorbable
9.6.2 Non-Absorbable
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Care Center
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Mid-Term Absorbable
10.6.2 Non-Absorbable
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Care Center
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Mid-Term Absorbable
11.6.2 Non-Absorbable
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Care Center
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Mid-Term Absorbable
12.6.2 Non-Absorbable
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Care Center
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Mid-Term Absorbable
13.6.2 Non-Absorbable
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Care Center
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Gastrointestinal Surgery Suture Thread Market: Competitive Dashboard
14.2 Global Gastrointestinal Surgery Suture Thread Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 B. Braun
14.3.2 Vitrex Medical
14.3.3 TROGE MEDICAL
14.3.4 Katsan Tıbbi Cihazları
14.3.5 Yavo
