Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Suture Capturing Device Market by Type (Reusable, Disposable), By Application (Cardiovascular Surgeries, General Surgeries, Gynecological Surgeries, Orthopedic Surgeries, Ophthalmic Surgeries, Other Surgeries) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Suture Capturing Device Market by Type (Reusable, Disposable), By Application (Cardiovascular Surgeries, General Surgeries, Gynecological Surgeries, Orthopedic Surgeries, Ophthalmic Surgeries, Other Surgeries) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 138037 3300 Medical Devices & Consumables 377 249 Pages 5 (42)
                                          

Market Overview:


The global suture capturing device 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 number of surgeries being performed and the rising demand for minimally invasive surgeries. In addition, the growing awareness about advanced surgical procedures and products is also contributing to the growth of this market. Based on type, the global suture capturing device market can be segmented into reusable and disposable devices. The disposable devices segment is expected to grow at a higher CAGR than the reusable devices segment during the forecast period from 2018 to 2030. This can be attributed to their low cost and easy availability as compared with reusable devices.


Global Suture Capturing Device Industry Outlook


Product Definition:


A suture capturing device is a medical instrument used to hold a surgical stitch (suture) in place after it has been inserted through the skin. The device may be a simple metal clip or a more complex mechanism that grips the suture and prevents it from slipping out of position.


Reusable:


Reusable sutures are used in various medical procedures. The growth factor for reusable suture capturing device market is the cost-effectiveness and efficiency offered by them. They are made of stainless steel, polypropylene, and monofilament nylon among others; which makes them biocompatible with human tissues. These devices have a broad range of applications including orthopedic surgeries, cardiovascular interventions & repair work as well as neurosurgeries.


Disposable:


Disposable medical devices are intended for single use only and are designed in such a way that they cannot be reused. These products include catheters, guidewires, sutures, stents and other similar products. The global disposable and its usage in suture capturing device market is expected to witness significant growth over the forecast period owing to increasing demand for these devices from healthcare professionals across the globe due to their cost effectiveness coupled with high durability offered by them.


Application Insights:


The general surgeries segment dominated the global suture capturing device market in 2017. This can be attributed to the increasing number of general surgeries being performed globally. According to a study published by NCBI, it is estimated that around 6.5 million general surgery procedures are performed annually worldwide, which accounts for around 17% of all surgical procedures. The U.S., China and India account for majority of these procedures due to high incidences of cancer, heart diseases and accidents in both countries respectively which boosts demand for advanced sutures such as absorbable ones during surgeries thereon thus driving the demand globally over the forecast period 1 [7].


The cardiovascular surgeries segment is expected to grow at a lucrative rate over the forecast period owing to rising incidence rates of cardiovascular diseases across various regions including North America & Europe along with Asia Pacific.


Regional Analysis:


North America dominated the global market in 2017 owing to the presence of developed healthcare infrastructure, high patient awareness levels coupled with relatively higher healthcare expenditure levels in this region. The increasing prevalence of chronic diseases such as cardiovascular and orthopedic disorders is also expected to drive the demand for GSCCs in North America. In addition, growing number of surgical procedures performed on a regular basis are further anticipated to fuel growth during the forecast period.


Asia Pacific is expected to witness lucrative growth over the forecast period due to rising medical tourism activities supported by low procedural costs associated with surgeries performed using global suture capturing devices at various hospitals and clinics located across this region. Moreover, availability of skilled surgeons at affordable prices along with favorable government initiatives aimed at improving public health system will boost regional market development during the estimated time span.


Growth Factors:


  • Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 6.5% from 2016 to 2021. This is primarily due to the advantages offered by these surgeries over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. The suture capturing device market will benefit from this trend as surgeons increasingly adopt these devices for use in minimally invasive procedures.
  • Growing geriatric population: The global geriatric population is expected to grow at a CAGR of 5% from 2016 to 2021. This growth will be driven by the increasing life expectancy and declining fertility rates around the world. As more people reach old age, they are increasingly susceptible to age-related health conditions that require surgical treatment. Suture capturing devices will find increased demand in this demographic as surgeons seek ways to improve the outcomes of surgical procedures on elderly patients.

Scope Of The Report

Report Attributes

Report Details

Report Title

Suture Capturing Device Market Research Report

By Type

Reusable, Disposable

By Application

Cardiovascular Surgeries, General Surgeries, Gynecological Surgeries, Orthopedic Surgeries, Ophthalmic Surgeries, Other Surgeries

By Companies

Boston Scientific, Medtronic, Opus Medical, Coloplast, Gore Medical, Ranfac, Parcus Medical, Alon Medtech

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

249

Number of Tables & Figures

175

Customization Available

Yes, the report can be customized as per your need.


Global Suture Capturing Device Market Report Segments:

The global Suture Capturing Device market is segmented on the basis of:

Types

Reusable, Disposable

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, Ophthalmic Surgeries, Other Surgeries

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:

  1. Boston Scientific
  2. Medtronic
  3. Opus Medical
  4. Coloplast
  5. Gore Medical
  6. Ranfac
  7. Parcus Medical
  8. Alon Medtech

Global Suture Capturing Device Market Overview


Highlights of The Suture Capturing Device Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Reusable
    2. Disposable
  1. By Application:

    1. Cardiovascular Surgeries
    2. General Surgeries
    3. Gynecological Surgeries
    4. Orthopedic Surgeries
    5. Ophthalmic Surgeries
    6. Other Surgeries
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Suture Capturing Device 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

Global Suture Capturing Device Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


A suture capturing device is a medical device that captures and holds stitches in place. This can be helpful for preventing stitches from coming out during surgery or while healing.

Some of the major players in the suture capturing device market are Boston Scientific, Medtronic, Opus Medical, Coloplast, Gore Medical, Ranfac, Parcus Medical, Alon Medtech.

The suture capturing device market is expected to register a CAGR of 5.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Suture Capturing Device 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. Suture Capturing Device Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Suture Capturing Device Market - Supply Chain
   4.5. Global Suture Capturing Device Market Forecast
      4.5.1. Suture Capturing Device Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Suture Capturing Device Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Suture Capturing Device Market Absolute $ Opportunity

5. Global Suture Capturing Device 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. Suture Capturing Device Market Size and Volume Forecast by Type
      5.3.1. Reusable
      5.3.2. Disposable
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Suture Capturing Device 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. Suture Capturing Device Market Size and Volume Forecast by Application
      6.3.1. Cardiovascular Surgeries
      6.3.2. General Surgeries
      6.3.3. Gynecological Surgeries
      6.3.4. Orthopedic Surgeries
      6.3.5. Ophthalmic Surgeries
      6.3.6. Other Surgeries
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Suture Capturing Device 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. Suture Capturing Device 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 Suture Capturing Device 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. Suture Capturing Device 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 Suture Capturing Device Demand Share Forecast, 2019-2029

9. North America Suture Capturing Device 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 Suture Capturing Device 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 Suture Capturing Device Market Size and Volume Forecast by Application
      9.4.1. Cardiovascular Surgeries
      9.4.2. General Surgeries
      9.4.3. Gynecological Surgeries
      9.4.4. Orthopedic Surgeries
      9.4.5. Ophthalmic Surgeries
      9.4.6. Other Surgeries
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Suture Capturing Device Market Size and Volume Forecast by Type
      9.7.1. Reusable
      9.7.2. Disposable
   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 Suture Capturing Device Demand Share Forecast, 2019-2029

10. Latin America Suture Capturing Device 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 Suture Capturing Device 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 Suture Capturing Device Market Size and Volume Forecast by Application
      10.4.1. Cardiovascular Surgeries
      10.4.2. General Surgeries
      10.4.3. Gynecological Surgeries
      10.4.4. Orthopedic Surgeries
      10.4.5. Ophthalmic Surgeries
      10.4.6. Other Surgeries
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Suture Capturing Device Market Size and Volume Forecast by Type
      10.7.1. Reusable
      10.7.2. Disposable
   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 Suture Capturing Device Demand Share Forecast, 2019-2029

11. Europe Suture Capturing Device 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 Suture Capturing Device 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 Suture Capturing Device Market Size and Volume Forecast by Application
      11.4.1. Cardiovascular Surgeries
      11.4.2. General Surgeries
      11.4.3. Gynecological Surgeries
      11.4.4. Orthopedic Surgeries
      11.4.5. Ophthalmic Surgeries
      11.4.6. Other Surgeries
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Suture Capturing Device Market Size and Volume Forecast by Type
     11.7.1. Reusable
      11.7.2. Disposable
   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 Suture Capturing Device Demand Share, 2019-2029

12. Asia Pacific Suture Capturing Device 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 Suture Capturing Device 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 Suture Capturing Device Market Size and Volume Forecast by Application
      12.4.1. Cardiovascular Surgeries
      12.4.2. General Surgeries
      12.4.3. Gynecological Surgeries
      12.4.4. Orthopedic Surgeries
      12.4.5. Ophthalmic Surgeries
      12.4.6. Other Surgeries
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Suture Capturing Device Market Size and Volume Forecast by Type
      12.7.1. Reusable
      12.7.2. Disposable
   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 Suture Capturing Device Demand Share, 2019-2029

13. Middle East & Africa Suture Capturing Device 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 Suture Capturing Device 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 Suture Capturing Device Market Size and Volume Forecast by Application
      13.4.1. Cardiovascular Surgeries
      13.4.2. General Surgeries
      13.4.3. Gynecological Surgeries
      13.4.4. Orthopedic Surgeries
      13.4.5. Ophthalmic Surgeries
      13.4.6. Other Surgeries
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Suture Capturing Device Market Size and Volume Forecast by Type
      13.7.1. Reusable
      13.7.2. Disposable
   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 Suture Capturing Device Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Suture Capturing Device Market: Market Share Analysis
   14.2. Suture Capturing Device Distributors and Customers
   14.3. Suture Capturing Device Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Boston Scientific
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Medtronic
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Opus Medical
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Coloplast
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Gore Medical
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Ranfac
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Parcus Medical
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Alon Medtech
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. COMPANY9
         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

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