APAC Absorbable and Non-Absorbable Sutures Market is poised to grow at 5.3% from 2016 to 2022

According to Data Bridge Market Research new Market report “APAC 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, Ophthalmology, General Surgery, Others), By End Users (Hospitals, Ambulatory Centers, Clinics, Community Healthcare, Others), By Country (Japan, China, South Korea, Australia, Thailand, Malaysia, Indonesia, Philippines, Rest of APAC) – Trends and Forecast to 2022”, is projected to reach USD 2.7 billion by 2022, at a CAGR of 5.3% during the forecast period from 2016 to 2022.              

Report Access: http://databridgemarketresearch.com/reports/apac-absorbable-non-absorbable-sutures-market-trends-forecast-2022/

The major growth factors of this market are growing geriatric population in Japan and some other south Asian countries. Also the increasing medical tourism in countries like India and South Korea from countries in Middle East and Eastern Europe is expected to drive the market in the forecast period 2016 to 2022.

As a high-volume, commodity product, surgical sutures are vulnerable to downward pressure on prices. The major factors for the growth of surgical sutures market are raising number of surgeries due to improved healthcare facilities. The strong economic growth forecast in these emerging economies is expected to lead to increased investments in healthcare infrastructure, due to increasing patient affordability, the availability and demand for healthcare insurance, and general improvements in healthcare services offered. China and India are the most populous countries in the world, and are therefore anticipated to provide significant growth opportunities for manufacturers for years to come.

Market Segmentation:

The APAC Absorbable and Non-Absorbable Sutures market is segmented on the basis of product type, surgery type and geography.

On the basis of product type the absorbable and non-absorbable market is segmented into automated suturing devices and sutures segments. The Automated Suturing Devices segment is further sub-segmented on the basis of product type into disposable and reusable suturing devices.

The sutures market segment is further segmented into absorbable and non-absorbable sutures . The absorbable sutures market segment is further segmented into natural and synthetic absorbable sutures. The synthetic suture market sub-segment is categorized on the basis of material into vicryl, monocryl, Polydioxanone, polyglycolic acid and others. The non absorbable sutures market segmented in sub segmented on the basis of material into nylon, prolene and stainless steel sutures.

Based on application the APAC absorbable and non-absorbable sutures market is classified into cardiovascular, orthopedic, gynecology, ophthalmology, general surgery and others.

On the basis of end-users the market is segmented into hospitals, ambulatory centers, clinics, community healthcare and, others.

APAC Absorbable and Non-Absorbable Sutures Market

Geographical Segmentation

Based on geography the APAC Absorbable and Non-Absorbable Sutures market is segmented into Japan, China, India, South Korea, Australia, Thailand, Malaysia, Singapore, Indonesia, Philippines and rest of APAC.

Competitive Landscape:

The APAC absorbable and non-absorbable sutures market is highly competitive and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of absorbable and non-absorbable sutures market for APAC, Japan, China, India, Australia, South Korea and Rest of the APAC.

The APAC 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. Some of the global players operating in this market are B. Braun Melsungen AG, Ethicon, Inc., Smith & Nephew, Demetech Corporation, Conmed Corporation, W.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.

Browse Related Reports:

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 2022 

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