Market Overview:
The global surgical stitching products 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 surgeries, technological advancements in surgical stitching products, and rising demand for minimally invasive surgeries. Based on type, the global surgical stitching products market is segmented into suture, suture needle, and other. The other segment includes staples, adhesive tapes/glues, and clips. Suture needles are expected to grow at the highest CAGR during the forecast period owing to their growing use in minimally invasive surgeries. Based on application, the global surgical stitching products market is segmented into heart surgery, gynecologic surgery plastic surgery,, and other applications such as neurosurgery,, general surgery,, orthopedic surgery,. Other applications are expected to grow at a higher CAGR during the forecast period owing to increasing use of these stitches in complex surgeries. Geographically, North America dominates the global surgical stitching products market followed by Europe due high prevalence of chronic diseases such as cancer which leads to an increase in number of surgeries performed annually In Asia Pacific region countries such as China.
Product Definition:
Surgical stitching products are medical devices that are used to help close wounds. They may be used internally or externally, and can include sutures, staples, or adhesives. Surgical stitching products are important because they help to close wounds quickly and effectively, which can reduce the risk of infection and promote healing.
Suture:
Suture is a device used in wound closure procedures. It consists of a long, thin piece of material (silk or polydextrose) coated with an antibiotic and anesthetic. The sutures are passed through the tissues and then knotted to form a secure closure.
Suture Needle:
Suture needle is a device used in surgical procedures for closing wounds. It consists of a hollow needle attached to an applicator or suturing thread which allows the entry of medical glue into the wound cavity and then it is sealed by using needlesful of stitches. The product also finds application in cosmetic surgeries, wherein it is used to close facial cuts and abrasions as well as aid in tooth extraction.
The global suture needle.
Application Insights:
The other application segment dominated the global surgical stitching products market in 2017, accounting for a share of over 60.0% by revenue. The segment includes general surgery as well as gynecologic surgeries and plastic surgeries. General surgery is expected to be the fastest-growing application segment during the forecast period due to increasing number of minimally invasive procedures being performed worldwide on a regular basis. Minimally invasive heart surgeries are also expected to witness significant growth during the same period owing to rising awareness about such procedures among patients, coupled with technological advancements that have made them possible at affordable prices without compromising with quality of care provided by surgeons or hospitals.
Plastic surgeries are also anticipated to grow significantly over the forecast period due largely on growing demand for cosmetic procedures globally and especially in countries like India and China where there is an aging population prone toward various diseases including cardiovascular diseases that require open heart surgeries every now.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to factors such as increasing number of road accidents, rising prevalence of chronic diseases, and trauma cases among others. According to a study published by National Center for Health Statistics (NCHS), in U.S., approximately 1 million surgical procedures were performed in 2014 related to reconstructive or plastic surgeries which is anticipated to grow at a significant rate over the forecast period.
Asia Pacific is expected to witness lucrative growth during the forecast period owing its developing economy.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global surgical stitching products market is expected to benefit from the increasing demand for minimally invasive surgeries. Minimally invasive surgeries are less traumatic and result in shorter hospital stays, faster recoveries, and fewer complications as compared to traditional open surgery procedures. This is driving the adoption of surgical stitching products globally.
- Growing geriatric population: The global geriatric population is growing at a rapid pace and this is expected to drive the demand for surgical stitching products in the coming years. Elderly patients are more susceptible to injuries and require timely medical intervention, which will create opportunities for growth in the global surgical stitching products market.
- Rising incidence of chronic diseases: The incidence of chronic diseases such as cancer, heart disease, and diabetes is rising at an alarming rate across the globe. This has led to an increase in the number of surgeries being performed each year worldwide. Surgical stitching products play a critical role in these surgeries and this is expected to drive their demand over the forecast period..
Scope Of The Report
Report Attributes
Report Details
Report Title
Surgical Stitching Products Market Research Report
By Type
Suture, Suture Needle, Other
By Application
Heart Surgery, Gynecologic Surgery, Plastic Surgery, Other
By Companies
Ethicon Inc., B. Braun Melsungen Ag, Medtronic Plc, Smith & Nephew, Boston Scientific Corporation, Peters Surgical., Demetech Corporation, Internacional Farmaceutica S.A. De C.V., Sutures India Pvt, Endoevolution Llc, Ethicon Inc., Surgical Specialties Corporation, Mellon Medical B.V.
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
152
Number of Tables & Figures
107
Customization Available
Yes, the report can be customized as per your need.
Global Surgical Stitching Products Market Report Segments:
The global Surgical Stitching Products market is segmented on the basis of:
Types
Suture, Suture Needle, 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
Heart Surgery, Gynecologic Surgery, Plastic Surgery, Other
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:
- Ethicon Inc.
- B. Braun Melsungen Ag
- Medtronic Plc
- Smith & Nephew
- Boston Scientific Corporation
- Peters Surgical.
- Demetech Corporation
- Internacional Farmaceutica S.A. De C.V.
- Sutures India Pvt
- Endoevolution Llc
- Ethicon Inc.
- Surgical Specialties Corporation
- Mellon Medical B.V.
Highlights of The Surgical Stitching Products 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:
- Suture
- Suture Needle
- Other
- By Application:
- Heart Surgery
- Gynecologic Surgery
- Plastic Surgery
- Other
- 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 Stitching Products 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?
Surgical stitching products are medical supplies used to close wounds. They come in a variety of forms, including adhesive bandages, staples, and sutures.
Some of the major companies in the surgical stitching products market are Ethicon Inc., B. Braun Melsungen Ag, Medtronic Plc, Smith & Nephew, Boston Scientific Corporation, Peters Surgical., Demetech Corporation, Internacional Farmaceutica S.A. De C.V., Sutures India Pvt, Endoevolution Llc, Ethicon Inc., Surgical Specialties Corporation, Mellon Medical B.V..
The surgical stitching products 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 Surgical Stitching Products 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 Stitching Products Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Surgical Stitching Products 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 Stitching Products 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 Stitching Products Market Size & Forecast, 2020-2028
4.5.1 Surgical Stitching Products Market Size and Y-o-Y Growth
4.5.2 Surgical Stitching Products 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 Suture
5.2.2 Suture Needle
5.2.3 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 Heart Surgery
6.2.2 Gynecologic Surgery
6.2.3 Plastic Surgery
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Surgical Stitching Products 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 Stitching Products 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 Suture
9.6.2 Suture Needle
9.6.3 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 Heart Surgery
9.10.2 Gynecologic Surgery
9.10.3 Plastic Surgery
9.10.4 Other
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 Suture
10.6.2 Suture Needle
10.6.3 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 Heart Surgery
10.10.2 Gynecologic Surgery
10.10.3 Plastic Surgery
10.10.4 Other
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 Suture
11.6.2 Suture Needle
11.6.3 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 Heart Surgery
11.10.2 Gynecologic Surgery
11.10.3 Plastic Surgery
11.10.4 Other
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 Suture
12.6.2 Suture Needle
12.6.3 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 Heart Surgery
12.10.2 Gynecologic Surgery
12.10.3 Plastic Surgery
12.10.4 Other
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 Suture
13.6.2 Suture Needle
13.6.3 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 Heart Surgery
13.10.2 Gynecologic Surgery
13.10.3 Plastic Surgery
13.10.4 Other
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 Stitching Products Market: Competitive Dashboard
14.2 Global Surgical Stitching Products Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ethicon Inc.
14.3.2 B. Braun Melsungen Ag
14.3.3 Medtronic Plc
14.3.4 Smith & Nephew
14.3.5 Boston Scientific Corporation
14.3.6 Peters Surgical.
14.3.7 Demetech Corporation
14.3.8 Internacional Farmaceutica S.A. De C.V.
14.3.9 Sutures India Pvt
14.3.10 Endoevolution Llc
14.3.11 Ethicon Inc.
14.3.12 Surgical Specialties Corporation
14.3.13 Mellon Medical B.V.
