Market Overview:
The global surgical absorbable suture market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing number of surgeries, rising demand for minimally invasive surgeries, and technological advancements in surgical sutures. Based on type, the global surgical absorbable suture market is segmented into prolene sutures, nylon sutures, stainless steel Sutures, and other types. The nylon Sutures segment is expected to grow at the highest CAGR during the forecast period from 2018 to 2030. This growth can be attributed to its properties such as high tensile strength and knot security. Based on application, the global surgical absorbable Suture market is segmented into cardiovascular surgeries, general surgeries,, gynecological surgeries,, orthopedic surgery,, and other applications,.
Product Definition:
A surgical absorbable suture is a type of thread that is used to close surgical wounds. It is made from natural or synthetic materials, and it dissolves over time as the wound heals. Absorbable sutures are important because they reduce the risk of infection and help promote healing.
Prolene Sutures:
Prolene sutures, also known as polypropylene suture or PP suture, is a kind of synthetic rubber that is produced by the polymerization process of propylene. It has high tensile strength and durability along with excellent elasticity. Prolenes are used in surgical procedures for closing wounds due to their properties such as low-temperature flexibility and high breaking point.
Nylon Sutures:
Nylon sutures and it's usage in surgical absorbable suture market is a new term for the healthcare person but very much familiar to the textile person. Sutures are used in many textiles processes like repairing of clothes, shoes, bags and other products. Nylon sutures are also known as monofilament sutures or artificial sinew because of their similar appearance like natural fibers like silk and wool.
Application Insights:
The general surgeries segment dominated the global surgical absorbable suture market in 2017. This can be attributed to the rising number of general surgeries and increasing healthcare spending by countries such as India, China and Brazil. According to a study published by World Health Organization (WHO), it was estimated that around 1 billion people across the globe have suffered from chronic diseases due to lack of access to safe water supply, sanitation facilities and hygiene education among other basic amenities. Thus, growing healthcare spending is resulting in more procedures being performed which is further driving demand for absorbable sutures in general surgeries globally.
The gynecological surgery segment is expected to grow at a significant rate over the forecast period owing to an increase in female reproductive organ disorders coupled with rising awareness about these disorders among patients globally.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing R&D investments by key companies, rising healthcare expenditure, and growing awareness about advanced surgical procedures & devices. In addition, favorable reimbursement policies are also propelling growth of this regional market. For instance, in 2015 Medicare started covering endovascular surgeries for patients with diabetes under a coverage gap payment scheme called Medicare Shared Savings Program (MSSP).
Asia Pacific is anticipated to grow at a lucrative rate over the forecast period owing to improving healthcare infrastructure & facilities along with rising patient awareness regarding various types of surgeries & associated risks involved.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global surgical absorbable suture market is expected to grow at a CAGR of 5.5% during the forecast period due to the increasing demand for minimally invasive surgeries. This is because these surgeries are less traumatic and result in shorter hospital stays, faster recoveries, and fewer complications as compared to traditional open surgery procedures.
- Rising prevalence of chronic diseases: The global surgical absorbable suture market is also driven by the rising prevalence of chronic diseases such as cancer, obesity, and cardiovascular diseases which require surgical interventions for treatment.
- Growing geriatric population: The aging population is another key driver for the growth of the global surgical absorbable suture market as this segment requires more number of surgeries than younger people due to an increase in age-related health problems such as arthritis, cataracts, macular degeneration, etcetera .
- Technological advancements in medical devices: Surgical procedures are becoming increasingly complex with technological advancements in medical devices such as endoscopes and laparoscopes that allow surgeons to perform intricate operations through small incisions using miniature instruments thereby reducing trauma and speeding up recovery times . This is driving the demand for advanced absorbable sutures that can withstand greater tension without breaking or tearing apart .
Scope Of The Report
Report Attributes
Report Details
Report Title
Surgical Absorbable Suture Market Research Report
By Type
Prolene Sutures, Nylon Sutures, Stainless Steel Sutures, Other
By Application
Cardiovascular Surgeries, General Surgeries, Gynecological Surgeries, Orthopedic Surgeries, Other Applications
By Companies
Johnson & Johnson Medical, Medtronic, Peters Surgical, B.Braun, Internacional Farmacéutica, DemeTech, Kono Seisakusho, Surgical Specialties Corporation, Mani, Samyang Biopharmaceuticals, AD Surgical, Smith & Nephew, 3M Healthcare, Derma Sciences, Molnlycke Healthcare
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
155
Number of Tables & Figures
109
Customization Available
Yes, the report can be customized as per your need.
Global Surgical Absorbable Suture Market Report Segments:
The global Surgical Absorbable Suture market is segmented on the basis of:
Types
Prolene Sutures, Nylon Sutures, Stainless Steel Sutures, Other
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
Cardiovascular Surgeries, General Surgeries, Gynecological Surgeries, Orthopedic Surgeries, Other Applications
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:
- Johnson & Johnson Medical
- Medtronic
- Peters Surgical
- B.Braun
- Internacional Farmacéutica
- DemeTech
- Kono Seisakusho
- Surgical Specialties Corporation
- Mani
- Samyang Biopharmaceuticals
- AD Surgical
- Smith & Nephew
- 3M Healthcare
- Derma Sciences
- Molnlycke Healthcare
Highlights of The Surgical Absorbable Suture 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:
- Prolene Sutures
- Nylon Sutures
- Stainless Steel Sutures
- Other
- By Application:
- Cardiovascular Surgeries
- General Surgeries
- Gynecological Surgeries
- Orthopedic Surgeries
- Other Applications
- 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 Surgical Absorbable Suture 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Surgical absorbable suture is a type of medical adhesive that dissolves after it has been removed from the body. It is used to close wounds and can be used in various surgical procedures, including surgery on the face.
Some of the key players operating in the surgical absorbable suture market are Johnson & Johnson Medical, Medtronic, Peters Surgical, B.Braun, Internacional Farmac©utica, DemeTech, Kono Seisakusho, Surgical Specialties Corporation, Mani, Samyang Biopharmaceuticals, AD Surgical, Smith & Nephew, 3M Healthcare, Derma Sciences, Molnlycke Healthcare.
The surgical absorbable suture market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Surgical Absorbable Suture 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 Surgical Absorbable Suture Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Surgical Absorbable Suture 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 Surgical Absorbable Suture 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 Surgical Absorbable Suture Market Size & Forecast, 2020-2028
4.5.1 Surgical Absorbable Suture Market Size and Y-o-Y Growth
4.5.2 Surgical Absorbable Suture 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 Prolene Sutures
5.2.2 Nylon Sutures
5.2.3 Stainless Steel Sutures
5.2.4 Other
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 Cardiovascular Surgeries
6.2.2 General Surgeries
6.2.3 Gynecological Surgeries
6.2.4 Orthopedic Surgeries
6.2.5 Other Applications
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Surgical Absorbable Suture 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 Surgical Absorbable Suture 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 Prolene Sutures
9.6.2 Nylon Sutures
9.6.3 Stainless Steel Sutures
9.6.4 Other
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 Cardiovascular Surgeries
9.10.2 General Surgeries
9.10.3 Gynecological Surgeries
9.10.4 Orthopedic Surgeries
9.10.5 Other Applications
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 Prolene Sutures
10.6.2 Nylon Sutures
10.6.3 Stainless Steel Sutures
10.6.4 Other
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 Cardiovascular Surgeries
10.10.2 General Surgeries
10.10.3 Gynecological Surgeries
10.10.4 Orthopedic Surgeries
10.10.5 Other Applications
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 Prolene Sutures
11.6.2 Nylon Sutures
11.6.3 Stainless Steel Sutures
11.6.4 Other
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 Cardiovascular Surgeries
11.10.2 General Surgeries
11.10.3 Gynecological Surgeries
11.10.4 Orthopedic Surgeries
11.10.5 Other Applications
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 Prolene Sutures
12.6.2 Nylon Sutures
12.6.3 Stainless Steel Sutures
12.6.4 Other
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 Cardiovascular Surgeries
12.10.2 General Surgeries
12.10.3 Gynecological Surgeries
12.10.4 Orthopedic Surgeries
12.10.5 Other Applications
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 Prolene Sutures
13.6.2 Nylon Sutures
13.6.3 Stainless Steel Sutures
13.6.4 Other
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 Cardiovascular Surgeries
13.10.2 General Surgeries
13.10.3 Gynecological Surgeries
13.10.4 Orthopedic Surgeries
13.10.5 Other Applications
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 Surgical Absorbable Suture Market: Competitive Dashboard
14.2 Global Surgical Absorbable Suture Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Johnson & Johnson Medical
14.3.2 Medtronic
14.3.3 Peters Surgical
14.3.4 B.Braun
14.3.5 Internacional Farmacéutica
14.3.6 DemeTech
14.3.7 Kono Seisakusho
14.3.8 Surgical Specialties Corporation
14.3.9 Mani
14.3.10 Samyang Biopharmaceuticals
14.3.11 AD Surgical
14.3.12 Smith & Nephew
14.3.13 3M Healthcare
14.3.14 Derma Sciences
14.3.15 Molnlycke Healthcare
