Absorbable Surgical Sutures Market – By Raw Material (Natural Sutures (Catgut, Silk), Synthetic Sutures), By Filament (Monofilament, Multifilament), By Application (Ophthalmic Surgery, Cardiovascular Surgery, Orthopaedic Surgery, Neurological Surgery, Others), By End-User (Hospitals, Clinics, Ambulatory Surgical Centers), By Geography - Global Opportunity Analysis & Industry Forecast, 2024-2030
Absorbable Surgical Sutures Market Overview:
Market Trends:
Advances in Material Science for Enhanced Biocompatibility:
Surge in Demand for Absorbable Sutures in Cosmetic and Plastic Surgery:
Market Snapshot:
Absorbable Surgical Sutures Market - Report Coverage:
Attribute | Segment |
---|---|
By Raw Material | ● Natural Sutures
● Synthetic Sutures |
By Filament | ● Monofilament, Multifilament |
By Application | ● Ophthalmic Surgery ● Cardiovascular Surgery ● Orthopaedic Surgery ● Neurological Surgery ● Others |
By End User | ● Hospitals ● Clinics ● Ambulatory Surgical Centers |
By Geography | ● North America (U.S., Canada and Mexico) ● Europe (Germany, France, UK, Italy, Spain, Netherlands and Rest of Europe), ● Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and Rest of Asia-Pacific), ● South America (Brazil, Argentina, Chile, Colombia and Rest of South America) ● Rest of the World (Middle East and Africa). |
COVID-19 / Ukraine Crisis - Impact Analysis:
Key Takeaways:
● Dominance of North America
● Synthetic Sutures segment held the largest market share
● Cardiovascular Surgery to Hold Largest Market Share
● Utilization Of Absorbable Surgical Sutures in Medical Textile Industry Is Projected To Drive The Growth Of Absorbable Surgical Sutures Market
● Innovations in Suture Materials Are Expected to Boost the Demand for the Absorbable Surgical Sutures Industry
● Evolution Of Advanced Wound Care Dressings And Alternatives Like Surgical Staplers Are Challenging The Absorbable Surgical Sutures Market
Key Market Players:
- B. Braun SE
- Ethicon, Inc. (Johnson & Johnson)
- Medtronic Plc.
- DemeTECH Corporation
- Smith + Nephew
- Zimmer Biomet Holdings, Inc.
- Meril Life Sciences Private Limited
- Teleflex Medical OEM
- ConMed Corporation
- Boston Scientific Corporation
Scope of Report:
Report Metric | Details |
---|---|
Base Year Considered | 2023 |
Forecast Period | 2024–2030 |
CAGR | 4.6% |
Market Size in 2030 | $4.9 billion |
Segments Covered | Raw Material, Filament, Application, End-User and Region |
Geographies Covered | North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Netherlands and the Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and Rest of Asia-Pacific), South America (Brazil, Argentina, Colombia and Rest of South America), Rest of the World (Middle East and Africa). |
Key Market Players |
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13.2 M&A’s, collaborations, JVs and partnerships
The Absorbable Surgical Sutures Market is projected to grow at a CAGR of 4.6% during the forecast period 2024-2030.
Global Absorbable Surgical Sutures Market size is estimated to be $2.8 billion in 2023 and is projected to reach $4.9 billion by 2030.
The leading players in the Absorbable Surgical Sutures Market are B. Braun SE, Ethicon, Inc. (Johnson & Johnson), Medtronic Plc., DemeTECH Corporation, Smith + Nephew and Others.
Advances in Material Science for Enhanced Biocompatibility are likely to gain prominence which will create growth opportunities for the market during the forecast period.
Utilization Of Absorbable Surgical Sutures in the Medical Textile Industry and innovations in Suture Materials are the driving factors of the market.