Pune, India -- (SBWire) -- 08/24/2018 --Global Absorbable and Non Absorbable Sutures 2018 Global Industry report provides the latest market statistics, industry growth, size, share, trends, as well as driving factors. The Absorbable and Non Absorbable Sutures report further covers the extensive analysis of the upcoming progress of the Industry.

Global absorbable and non absorbable sutures market is expected to reach USD 4.6 billion by 2024 from USD 3.3 billion in 2016, at a CAGR of 4.2% in the forecast period 2017 to 2024. The new market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Global Absorbable and Non Absorbable Sutures Market By Product Type (Automated Suturing Devices (Disposable, Reusable), Sutures (Absorbable (Natural, Synthetic (Vicryl, Monocryl, Polydioxanone, Polyglycolic)), Non-Absorbable (Nylon, Prolene, Stainless Steel))), By Surgery Type (Cardiovascular, Orthopedic, Gynecology, Opthalmology, General Surgery, Others), By End Users (Hospitals, Ambulatory Centers, Clinics, Community Healthcare, Others), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa, Rest of the World) – Trends and Forecast to 2024

The major factors driving the growth of this market are rising need to manage blood loss in patients, growing number of surgical procedure, technological advancements in surgical suture products, rise in aging population & increase in chronic diseases and easy adoption due to the FDA and CE marking approval of the market. On the other hand, lack of proper sterilization system in healthcare organizations and unfavourable taxation policies may hinder the growth of the market.

Major Market Competitors :

Some of the major players operating in this market are:-


- Braun Melsungen AG,

- Ethicon, Inc.,

- Smith & Nephew,

- Demetech Corporation,

- Conmed Corporation,

- L. Gore & Associates,

- Tepha Inc.,

- Meta Biomed Co. Ltd.,

- Zimmer Biomet,

- CP Medical, Inc.,

- Miltex (A Integra LifeSciences Corporation Company),

- Assut Medical Sarl,

- DyNek Pty Ltd,

- Footberg Ltd.,

- Stoelting Co.,

- Unimed Medical Industries, Ltd.,

- Teleflex Incorporated,

- Boston Scientific Corporation,

- Medtronic,

- Surgical Specialties Corporation,

- Resorba Medical GmbH,

- Medline Industries, Inc.,

- AD Surgical,

- Suture Express,

- Santec Medicalprodukte GmbH,

- Clinisut,

- Coreflon,

- Aspen Surgical,

- Vigilenz Medical Devices Sdn Bhd,

- Medipac S.A., Sutures, Ltd. and Pierson Surgical Ltd

- among others.


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Competitive Analysis :

The global absorbable and non absorbable sutures market report contains an in-depth profiling of the key market players, along with the recent developments (New product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their positions in the market. For example in January 20, 2017 Ethicon announced acquisition of Megadyne Medical Products, Inc. a privately held medical device company that develops, manufactures and markets electrosurgical tools used in operating rooms worldwide. The acquisition brings together the intelligence of Ethicon's advanced energy devices with Megadyne's innovative portfolio of electrosurgical tools representing a major step forward in Ethicon's goal to deliver the most comprehensive suite of intelligent energy solutions that enhance precision and efficiency in the operating room. The report also covers the market shares for Global, North America, Europe, Asia-Pacific, Middle East and Africa and South America global absorbable and non-absorbable sutures market.

Market Segmentation:

The Global Absorbable and Non absorbable Market is segmented

Product type:

Usability,  End-user, Distribution channel and Geography.

On the basis of product type:

Automated  suturing devices and sutures segments.

Based on application:

Cardiovascular,  orthopedic, general surgery, plastic surgery, veterinary surgery, dental surgery and others.

On the basis of end users :

Hospitals, ambulatory centers, clinics, community healthcare and, others.

Based on Geography:

North America,  Europe, Asia-Pacific, South America and Middle East and Africa. U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and many others

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