According to Data Bridge Market Research new Market report “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”, is estimated at 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.
An automated suturing device is one of the latest technologies in today’s market. These devices are used in stitching large colons and in other laparoscopic surgeries. One such device is the Endostitch, manufactured by Covidien PLC. Launched in December 2011, the automated suturing device can apply interrupted or running stitches in soft tissues.
The rise in the absorbable and non-absorbable sutures market is owing to the growing number of surgical procedures. The number of surgeries performed is growing fast due to improving healthcare facilities (more hospitals and operating facilities/centers) and increased expenditure on healthcare by populations benefiting from rising incomes. However, developed markets growth in surgical sutures market is owing to rising pool of aging populations.
According to the WHO, by 2050 there will be more than 1.5 billion people aged 60 or above. This will mainly increase in the number of cosmetic (plastic) surgeries and cardiovascular procedures (where there is high blood loss) which in turn will support demand for non-absorbable sutures. . Another major factor contributing to market growth are Technological innovations which includes the evolution of suturing materials to a stage of refinement by the availability of the sutures designed for specific surgical procedures, thus eliminating some of the difficulties that surgeons previously encountered during closure and decreasing post-operative infections. For example, Covidien PLC (U.S.) introduced the V-Loc PBT Polybutester, the first non-absorbable, uni-directional barbed suture, which enabled efficient over sewing of staple lines and helped in closing incisions efficiently to improve wound closure surgeries.
Based on geography the Global Absorbable and Non-Absorbable Sutures market is segmented into geographical regions such as North & South America, Europe, Asia-Pacific and, Middle East & Africa.
The report of this market shares countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and many others
The Global 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 global, Europe, North America, Asia Pacific and Rest of the World.
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. 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.
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