Surgical Sutures Market 2020 Global Share, Growth, Size, Opportunities, Trends, Regional Overview, Leading Company Analysis, And Key Country Forecast To 2026
Pune, India -- (SBWIRE) -- 03/24/2020 -- Surgical Sutures Market is anticipated to reach US$ 5,982.9 Mn, as against US$ 3,750.9 Mn in 2017. Surgical sutures play a crucial role in the wound healing process and the devices help to hold the tissues during and after surgery. The rising prevalence of musculoskeletal disorders and rising geriatric population are factors driving the surgical sutures market growth. The demand for surgical sutures is increasing as people are becoming well-aware of patient safety during surgeries. This, coupled with rising healthcare spending, is expected to increase the surgical sutures market size in the forthcoming years.
Highlights of the Report:
- In-depth analysis of various insights, namely, Surgical Sutures Market trends, growth drivers, opportunities, and other related challenges.
- Comprehensive details of key market players, their core competencies, and Surgical Sutures Market share.
- The potency of suppliers and buyers to make better business decisions.
- Lists out the market size in terms of volume.
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Key Players Operating in The Surgical Sutures Market Include:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
- CP Medical,
- Coloplast Corporation,
- Molnlycke Healthcare,
- Demetech Corporation,
- BSN Medical,
- Internacional Farmacéutica,
- Boston Scientific Corporation,
- Apollo Endosurgery, Inc.
Absorbable Sutures Are Gaining Traction as they Reduce the Risk of Wound Infection
Among types, absorbable surgical sutures are high in demand as they get easily metabolized in the body. These type of sutures are estimated to cover the maximum share in the global market in the forecast years. Their adoption is increasing in developing as well as developed regions as they have the ability to reduce the risk of wound infection. The segment's growth is likely to expand owing to the presence of regional manufacturers for absorbable sutures. This will further expand the surgical sutures market share in the forecast period.
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Presence of Key Players Contributes to the Growth of the Market in North America
Some of the key surgical sutures manufacturers in the U.S. have introduced multifilament and braided surgical sutures. The strategic presence of these companies is expected to create attractive growth opportunities for the market in North America. In 2017, the market was leading in north America and was worth US$ 1,489.6 Mn. The increasing prevalence of cardiovascular diseases in this region, especially in Canada and the U.S. leads to rising number of surgeries. This, in turn, is expected to stoke demand for surgical sutures.
Detailed Table of Content:
1.1. Research Scope
1.4. Definitions andAssumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
4. Key Insights
4.1. An overview ofa number of major surgical procedures by key countries
4.2. Recent industrydevelopments such as mergers & acquisitions
4.3. The regulatoryscenario for key countries
4.4. Key industrytrends
4.5. Reimbursementscenario by key countries
5. Global Surgical Sutures Market Analysis, Insights and Forecast,2014-2025
5.1. Key Findings /Summary
5.2. MarketAnalysis, Insights and Forecast – By Product Type
5.3. MarketAnalysis, Insights and Forecast – By Form
5.4. MarketAnalysis, Insights and Forecast – By Application
5.4.5. General Surgery
5.5. MarketAnalysis, Insights and Forecast – By Distribution Channel
5.5.2. AmbulatorySurgery Centers
5.6. MarketAnalysis, Insights and Forecast – By Country
5.6.1. North America
5.6.3. Asia Pacific
5.6.4. Latin America
5.6.5. Middle East& Africa
6. North America Surgical Sutures Market Analysis, Insights and Forecast,2014-2025
6.1. Key Findings /Summary
6.2. Market Analysis– By Product Type
6.3. Market Analysis– By Form
6.4. Market Analysis– By Application
6.4.5. General Surgery
6.5. Market Analysis– By Distribution Channel
6.5.2. AmbulatorySurgery Centers
6.6. Market Analysis– By Country
7. Europe Surgical Sutures Market Analysis, Insights and Forecast,2014-2025
7.1. Key Findings /Summary
7.2. Market Analysis– By Product Type
7.3. Market Analysis– By Form
7.4. Market Analysis– By Application
7.4.5. General Surgery
7.5. Market Analysis– By Distribution Channel
7.5.2. AmbulatorySurgery Centers
7.6. Market Analysis– By Country
7.6.7. Rest of Europe
8. Asia pacific Surgical Sutures Market Analysis, Insights and Forecast,2014-2025
8.1. Key Findings /Summary
8.2. Market Analysis– By Product Type
8.3. Market Analysis– By Form
8.4. Market Analysis– By Application
8.4.5. General Surgery
8.5. Market Analysis– By Distribution Channel
8.5.2. AmbulatorySurgery Centers
8.6. Market Analysis– By Country
8.6.5. Southeast Asia
8.6.6. Rest of AsiaPacific
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Reasons to Purchase this Report:
- Comprehensive analysis of the Surgical Sutures Market growth drivers, obstacles, opportunities, and other related challenges.
- Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
- Identifies market restraints and boosters.
- Identifies all the possible segments present in the market to aid organizations in strategic business planning.
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