Absorbable Surgical Sutures Market To Grow At A Fast Pace Due To High Emerging Demand, Future Scope and Forecast to 2028
Surgical Sutures, commonly known as stitches, are sterile, surgical threads which are used to repair cuts and wounds. A suture is a medical device that doctors and surgeons, use to hold skin, blood vessels, and all other tissues of the human body together, after any surgery. The tissues are held together until the healing completes. Absorbable sutures are broadly used in multiple surgeries, specifically in surgeries performed on internal organs, as they are biodegradable and get hydrolyzed in the body tissue after a certain period. The global market for absorbable surgical sutures is expected to grow with a steady rise and is expected to continue doing so over the next few years.
A substantial growth in the frequency of health conditions
related to skin, soft tissues, and peripheral vascular surgery is the key
factor that boosts the growth Absorbable
Surgical Sutures Market. The increase in aged population and the rising
frequency of musculoskeletal diseases are also anticipated to drive the global
market over the forecast period. Factors such as less rate of wound infection
have made absorbable sutures extremely common among consumers, which is
reflecting greatly on their demand.
However, the increasing demand for advanced wound closure materials and
lack of product innovations in surgical sutures act as major barriers for this
market.
North America is anticipated to account for the largest
market share due to the early adoption of advanced medical technologies, the
rise in awareness, increasing number of surgical procedures, growth in chronic
diseases, and easy adoption due to the FDA and CE marking approval of the
market. Factors such as increasing
lifestyle changes, increasing frequency of obesity cases, and increasing
elderly population in North America help to boost the market growth.
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Segmentation
The global absorbable surgical sutures market has been
segmented on the basis of type, structure, application, and end-user. On the
basis of type, the market has been classified as synthetic and natural sutures.
Synthetic sutures have been segmented into poliglecaprone suture (Monocryl),
Vicryl, and polydioxanone suture (PDS). Natural sutures have been segmented
into collagen, catgut suture, and polyglycolic acid suture. On the basis of
structure, the market has been classified as monofilament and multifilament
sutures. On the basis of application, the market has been classified as general
surgeries, cardiovascular surgeries, gynecological surgeries, orthopedic
surgeries, and other surgeries. On the basis of end-users, the market has been
classified as hospitals, clinics, ambulatory surgery centers, and others.
Key Players
Some of the key players in the global absorbable surgical
sutures market are Ethicon Inc. (US), B. Braun Melsungen AG (Germany), DemeTECH
Corporation (US), Medtronic plc (Ireland), Internacional Farmaceutica, S.A. de
C.V. (Mexico), Sutures India Pvt. Ltd. (India), Péters Surgical (France), Smith
& Nephew plc (UK), EndoEvolution, LLC (US), Boston Scientific Corporation
(US), Johnson & Johnson Private Limited, Conmed Corporation(US), W.L. Gore
& Associates(US), 3M Healthcare (US).
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