Market Overview:
The global prolene suture industry 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 demand for prolene sutures in cardiovascular surgery, ophthalmic surgery, and other applications. North America is expected to dominate the market during the forecast period owing to the presence of major players and technological advancements in this region. Asia Pacific is projected to be the fastest-growing region during the forecast period owing to rising awareness about advanced surgical procedures and increasing healthcare expenditure.
Product Definition:
Prolene Suture Industry is a type of medical suture that is made from synthetic materials. It is often used for stitching tissues together and has a number of benefits compared to other types of sutures.
Disposable:
Disposable is a general term for any material intended to be used once and then thrown away. Disposable medical devices are made up of plastics, polymers, and other materials that are intended to be disposed of after single use. The growth factor in the disposable market is due to its increasing usage in surgical procedures as it offers several advantages such as ease of handling & application along with high tensile strength which makes it ideal for suturing purposes.
Reuse:
Reuse is the process of using a product more than once. It may be a material or an article used for different purposes. Reuse can be done in various ways such as repairing, refurbishing, reconstructing or recycling. The most common form of reuse is suturing which involves using surgical thread and needle to close wounds after surgeries.
Application Insights:
The others segment held the largest share of the global proylene suture industry in 2017. This segment includes general surgery, urology, gynecology and obstetrics, plastic surgeries such as breast augmentation and reconstruction after mastectomy. The increasing number of cosmetic surgeries is expected to fuel demand for these products over the forecast period.
Prolene sutures are used in cardiovascular surgery as they help reduce blood loss during procedures and have a low rate of complications associated with them.
Regional Analysis:
North America dominated the global prolene suture industry in 2017 owing to factors such as growing healthcare spending, high prevalence of chronic diseases, and increasing government initiatives. For instance, according to the WHO statistics published in January 2018; cardiovascular disease accounts for around 45% of deaths in U.S., which is expected to boost product demand over the forecast period.
Europe accounted for a significant share of global revenue due to presence of major players and well-established healthcare sector with high disposable income per capita coupled with favorable reimbursement policies regarding surgical procedures performed using sutures made from polypropylene (PP). Moreover, rising geriatric population prone to various disorders is anticipated to drive regional growth over next eight years.
Asia Pacific market was valued at USD X million in 2017.
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 increasing preference for minimally invasive procedures over traditional open surgery procedures, due to their shorter recovery time and lesser surgical trauma. Prolene sutures are extensively used in minimally invasive surgeries as they provide good knot security and handling characteristics.
- Rising incidence of chronic diseases: The incidence of chronic diseases such as cancer, heart disease, and diabetes is on the rise globally, which is leading to an increase in the number of surgical procedures being performed each year. Prolene sutures are widely used in complex surgical procedures such as cardiothoracic surgery, oncology surgery, and neurosurgery owing to their superior knot security and tensile strength properties.
- Growing geriatric population: The global geriatric population (aged 65 years or above) is estimated to reach 1 billion by 2030, creating a large pool of patients who will require surgical treatment for various age-related conditions such as arthritis, cataracts, hip fractures etcetera). Prolene sutures are particularly well suited for use in elderly patients due their low tissue reactivity and excellent knot security properties .
Scope Of The Report
Report Attributes
Report Details
Report Title
Prolene Suture Industry Market Research Report
By Type
Disposable, Reuse
By Application
Cardiovascular Surgery, Ophthalmic Surgery, Others
By Companies
Ethicon, B.Braun Melsungen AG, DemeTECH, Medtronic, Internacional Farmaceutica, Sutures India, Smith & Nephew, EndoEvolution, Boston Scientific
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Prolene Suture Industry Market Report Segments:
The global Prolene Suture Industry market is segmented on the basis of:
Types
Disposable, Reuse
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 Surgery, Ophthalmic Surgery, 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:
- Ethicon
- B.Braun Melsungen AG
- DemeTECH
- Medtronic
- Internacional Farmaceutica
- Sutures India
- Smith & Nephew
- EndoEvolution
- Boston Scientific
Highlights of The Prolene Suture Industry 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:
- Disposable
- Reuse
- By Application:
- Cardiovascular Surgery
- Ophthalmic Surgery
- 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 Prolene Suture Industry 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?
The prolene suture industry is a $1.5 billion global market that employs over 100,000 people. Prolene sutures are used to repair tissue and are often used in medical procedures such as surgery and childbirth.
Some of the major players in the prolene suture industry market are Ethicon, B.Braun Melsungen AG, DemeTECH, Medtronic, Internacional Farmaceutica, Sutures India, Smith & Nephew, EndoEvolution, Boston Scientific.
The prolene suture industry market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Prolene Suture Industry Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Prolene Suture Industry Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Prolene Suture Industry Market - Supply Chain
4.5. Global Prolene Suture Industry Market Forecast
4.5.1. Prolene Suture Industry Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Prolene Suture Industry Market Size (000 Units) and Y-o-Y Growth
4.5.3. Prolene Suture Industry Market Absolute $ Opportunity
5. Global Prolene Suture Industry 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. Prolene Suture Industry Market Size and Volume Forecast by Type
5.3.1. Disposable
5.3.2. Reuse
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Prolene Suture Industry 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. Prolene Suture Industry Market Size and Volume Forecast by Application
6.3.1. Cardiovascular Surgery
6.3.2. Ophthalmic Surgery
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Prolene Suture Industry 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. Prolene Suture Industry 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 Prolene Suture Industry 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. Prolene Suture Industry 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 Prolene Suture Industry Demand Share Forecast, 2019-2026
9. North America Prolene Suture Industry 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 Prolene Suture Industry 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 Prolene Suture Industry Market Size and Volume Forecast by Application
9.4.1. Cardiovascular Surgery
9.4.2. Ophthalmic Surgery
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Prolene Suture Industry Market Size and Volume Forecast by Type
9.7.1. Disposable
9.7.2. Reuse
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 Prolene Suture Industry Demand Share Forecast, 2019-2026
10. Latin America Prolene Suture Industry 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 Prolene Suture Industry 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 Prolene Suture Industry Market Size and Volume Forecast by Application
10.4.1. Cardiovascular Surgery
10.4.2. Ophthalmic Surgery
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Prolene Suture Industry Market Size and Volume Forecast by Type
10.7.1. Disposable
10.7.2. Reuse
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 Prolene Suture Industry Demand Share Forecast, 2019-2026
11. Europe Prolene Suture Industry 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 Prolene Suture Industry 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 Prolene Suture Industry Market Size and Volume Forecast by Application
11.4.1. Cardiovascular Surgery
11.4.2. Ophthalmic Surgery
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Prolene Suture Industry Market Size and Volume Forecast by Type
11.7.1. Disposable
11.7.2. Reuse
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Tye
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 Prolene Suture Industry Demand Share, 2019-2026
12. Asia Pacific Prolene Suture Industry 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 Prolene Suture Industry 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 Prolene Suture Industry Market Size and Volume Forecast by Application
12.4.1. Cardiovascular Surgery
12.4.2. Ophthalmic Surgery
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Prolene Suture Industry Market Size and Volume Forecast by Type
12.7.1. Disposable
12.7.2. Reuse
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 Prolene Suture Industry Demand Share, 2019-2026
13. Middle East & Africa Prolene Suture Industry 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 Prolene Suture Industry 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 Prolene Suture Industry Market Size and Volume Forecast by Application
13.4.1. Cardiovascular Surgery
13.4.2. Ophthalmic Surgery
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Prolene Suture Industry Market Size and Volume Forecast by Type
13.7.1. Disposable
13.7.2. Reuse
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 Prolene Suture Industry Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Prolene Suture Industry Market: Market Share Analysis
14.2. Prolene Suture Industry Distributors and Customers
14.3. Prolene Suture Industry Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Ethicon
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. B.Braun Melsungen AG
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. DemeTECH
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Medtronic
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Internacional Farmaceutica
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sutures India
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Smith & Nephew
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. EndoEvolution
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Boston Scientific
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
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
