Surgical Suture Market Worth $ 5.33 Billion, Globally, by 2028 at 5.82 % CAGR: Verified Market Research™ Print E-mail
By GLOBE NEWSWIRE   
Tuesday, 04 May 2021 05:15

Jersey City, New Jersey, May 04, 2021 (GLOBE NEWSWIRE)

Jersey City, New Jersey, May 04, 2021 (GLOBE NEWSWIRE) -- Verified Market Research recently published a report, “Surgical Suture Market” by Product Type (Automated Suturing Devices & Sutures), by Material (Monofilament & Multifilament), by Application (Ophthalmic, Cardiovascular, Orthopedic, Gynecological, Orthopedic & General Surgeries), by End-User (Hospitals, Ambulatory Surgical Centres & Clinics and Physician Offices), and by Geography. According to Verified Market Research, the Global Surgical Suture Market was valued at USD 3.39 Billion in 2020 and is projected to reach USD 5.33 Billion by 2028, growing at a CAGR of 5.82% from 2021 to 2028.

Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample/?rid=31643

Browse in-depth TOC onSurgical Suture Market

202 - Pages

126 – Tables

37 – Figures

Global Surgical Suture Market Overview

The rising number of surgical procedures is a prominent growth driver for the Global Surgical Suture Market. An estimated 313 million surgeries are performed globally every year which opens up a massive demand for surgical sutures in many economies and hence acts as a potential growth driver. 

Another significant growth driver for the Global Surgical Suture Market is the increasing geriatric population. As of 2019, People over 65 years of age represent roughly 16 percent of the American population, but account for 40 percent of patients undergoing surgery in hospitals — and probably more than half of all surgical procedures. The elderly mostly contract chronic physical conditions which need surgical attention to get better. Hence, this shift in the population composition also leads to the increasing demand for surgical sutures.

Another driver for the growth of the Global Surgical Suture Market is the increase in the number of cosmetic procedures with a rise in disposable income, technological advancements such as hybrid fractional lasers, and Cryolipolysis which result in safer operating procedures. Cosmetic surgical procedures completed in 2019 are 7.4% more than the number completed in 2018.

Key Developments in Surgical Suture Market

• In 2018, Futura Surgicare’s brand Dolphin Sutures launched Durabarb-a knotless wound closure device designed to redefine the suturing experience for surgeons.

• In 2018, Apax Partners Llp acquired Bengaluru-based medical devices company Healthium MedTech Pvt. Ltd (formerly known as Sutures India). The investment in Healthium marked the second investment in the healthcare space by Apax in India, the first being investment in Apollo Hospitals

• In 2020, Zimmer Biomet has acquired A&E Medical and its complete portfolio of sternal closure devices – including sternal sutures, cable systems, and rigid fixation – along with a range of single-use complimentary temporary pacing wire and surgical punch products.

The major players in the market are Medtronic plc (U.S.), Peters Surgical SAS (France), Boston Scientific Corporation (U.S.), Healthium MedTech Pvt. Ltd. (India), CONMED Corporation (U.S.), Johnson and Johnson (U.S.), DemeTECH Corporation (U.S.), Zimmer Biomet (U.S.), Derma Sciences, Inc., (U.S.), Futura Surgicare Pvt. Ltd. (India) among others.

Verified Market Research has segmented the Global Surgical Suture Market On the basis of Product Type, Material, Applications, End User and Geography.

  • Surgical Suture Market by Product Type
    • Automated Suturing Devices
    • Sutures
  • Surgical Suture Market by Material
    • Monofilament
    • Multifilament
  • Surgical Suture Market by Application
    • Ophthalmic Surgeries
    • Cardiovascular Surgeries
    • Orthopedic Surgeries
    • Gynecological Surgeries
    • General Surgeries
    • Other Surgeries
  • Surgical Suture Market by End User
    • Hospitals
    • Ambulatory Surgical Centers
    • Clinics and Physician Offices
  • Surgical Suture Market by Geography
    • North America
      • U.S
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • U.K
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Rest of Asia Pacific
    • ROW
      • Middle East & Africa
      • Latin America

Browse Related Reports:

Surgical Staplers Market by Product (Linear Surgical Stapler, Circular Surgical Stapler, Cutter Stapler, Others), by Application (Abdominal Surgery, Obstetrics and Gynecological Surgeries, Cardiac and Thoracic Surgeries, Orthopedic Surgery, Others), by Usability (Disposable Surgical Staplers and Reusable Surgical Staplers), by Mechanism (Manual Surgical Staplers and Powered Surgical Staplers), by Geography, Forecast, 2020-2027

Polyglycolic Acid Market by Form (Films, Fibers, Others), by Application (Oil & Gas, Packaging, Medical, Agriculture, Others), by Geography, Forecast, 2020-2027

Suture Industry Market by Product (Absorbable And Non-Absorbable Sutures), by Filament (Monofilament And Multifilament Sutures), by End User (Ophthalmic Surgery, Cardiovascular Surgery, Orthopaedic Surgery, Neurological Surgery, And Others), by Geography, Forecast, 2020-2027

Synthetic Absorbable Sutures Market by End Users (Hospitals, Specialty Clinics, Ambulatory Surgical Centres, and Others), by Type (Valve Sutures, Cardiovascular Sutures, Orthopedic Sutures, Cosmetic Surgery Sutures, General Sutures), by Geography, Forecast, 2020-2027

Top 5 infusion bag films manufacturers – a medical marvel supporting global healthcare

Visualize Surgical Suture Market using Verified Market Intelligence:-:

Verified Market Intelligence is our BI Enabled Platform for narrative storytelling of this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future.

VMI provides a holistic overview and global competitive landscape with respect to Region, Country, and Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.

About Us

Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research provides advanced analytical research solutions while offering information-enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals, and critical revenue decisions.

Our 250 Analysts and SME’s offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.

We study 14+ categories from Semiconductor & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & Construction, Agriculture industry and Medical Devices from over 100 countries.


Mr. Edwyne Fernandes  Verified Market Research™  US: +1 (650)-781-4080  UK: +44 (753)-715-0008  APAC: +61 (488)-85-9400  US Toll Free: +1 (800)-782-1768  Email: [email protected]  Web: https://www.verifiedmarketresearch.com/  BI Enabled Platform: https://www.verifiedmarketresearch.com/vmintelligence/  Follow Us: LinkedIn | Twitter

Primary Logo




"Featured Content" profiles are meant to provide awareness of these companies to investors in the small-cap and growth equity community and should not in any way come across as a recommendation to buy, sell or hold these securities. BiomedReports is not paid or compensated by newswires to disseminate or report news and developments about publicly traded companies, but may from time to time receive compensation for advertising, data, analytics and investor relation services from various entities and firms. Full disclosures should be read in the 'About Us Section'.

Add this page to your favorite Social Bookmarking websites
Digg! Reddit! Del.icio.us! Mixx! Google! Live! Facebook! Technorati! StumbleUpon! MySpace! Yahoo!
 

Newsletter