17.08.2017 Views

Surgical Sutures Market

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

<strong>Surgical</strong> <strong>Sutures</strong> <strong>Market</strong> Research Report: Forecast up to 2025<br />

Global <strong>Surgical</strong> Suture <strong>Market</strong>: Snapshot<br />

<strong>Surgical</strong> sutures are products used routinely for wound closure during surgical procedures<br />

and form an indispensable part of surgical procedures in almost all medical specialties.<br />

Despite the emergence of a variety of advanced wound care products, such as alginate/fiber<br />

dressings, skin substitutes, and hydrogel dressings, surgical sutures continue to be used in a<br />

wide variety of surgeries such as neurosurgery, plastic surgery, orthopedics surgery,<br />

cardiovascular surgery, gynecological surgery, general surgeries, and urological surgery.<br />

Although the easy availability of alternatives has led to a steep decline in the overall usage<br />

of surgical sutures in the past few years, their use has remained important owing to the<br />

rising prevalence of disorders related with skin, breast, soft tissue, trauma, peripheral<br />

vascular surgery, hernias. Moreover, rising aging population and increasing number of<br />

musculoskeletal diseases continue to drive the global market for surgical sutures.<br />

Transparency <strong>Market</strong> Research estimates that the global surgical sutures market holds an<br />

incremental opportunity of US$5,080.1 mn from 2017 to 2025. The market is expected to<br />

exhibit a CAGR of 3.9% over the said period.<br />

Absorbable <strong>Surgical</strong> <strong>Sutures</strong> to Remain Leading Product Type<br />

In terms of product type, the global market for surgical sutures has been segmented in the<br />

report into two main categories: absorbable sutures and non-absorbable sutures. Of these,<br />

the segment of absorbable sutures contributes the dominant share of sales and revenue to the<br />

global market. The segment accounted for nearly 60% of the global market in 2016 and is<br />

expected to hold an equally strong position in the global market throughout the forecast<br />

period. The segment witnesses a high level of popularity owing to its benefits such as a


lowered risk of wound infection, low price, and higher profit margin.<br />

Non-absorbable sutures are found beneficial in cases where long-term support is required<br />

and are most commonly used in specialty fields like cardiovascular surgeries. One of the<br />

major drawbacks associated with the use of non-absorbable sutures is the risk of localized<br />

side effects induced by some materials. The segment will continue to find usage in<br />

specialized applications over the next few years as well.<br />

This exhaustive report includes 36 data tables and 68 figures to give readers a 360°<br />

view of the <strong>Surgical</strong> <strong>Sutures</strong> <strong>Market</strong>. Browse through this 164-page report to know<br />

what factors will shape the market during the period 2017-2025<br />

http://www.transparencymarketresearch.com/surgical-sutures-market.html<br />

Rising Prevalence of Cardiovascular Diseases to Make Asia Pacific Key <strong>Market</strong> for<br />

<strong>Surgical</strong> <strong>Sutures</strong><br />

In terms of geography, North America dominated the global surgical sutures market in 2016,<br />

accounting for a nearly 35% of the global market, and is expected to retain its dominance<br />

during the report’s forecast period as well. The North America surgical sutures market is<br />

expected to exhibit a CAGR of 3.8% from 2017 to 2025. The dominance of the North<br />

America market and its promising future growth prospects are chiefly attributed to the<br />

increasing number of surgeries, early adoption of advanced treatment procedures, high<br />

prevalence of cardiovascular diseases, and rising number of surgeries.<br />

However, the market in Asia Pacific is projected to register the most promising CAGR from<br />

2017 to 2025. Growth factors include the increasing level of awareness among people,<br />

thriving medical tourism market due to low cost of treatment, and the vast rise in prevalence<br />

of lifestyle diseases. The growing prevalence of disorders related with stomach, small<br />

bowel, esophagus, pancreas, gallbladder and bile ducts, colon, liver, and the thyroid gland<br />

are also driving the market for surgical sutures in Asia Pacific. According to American heart<br />

association half of the world’s cardiovascular burden is predicted to occur in Asia Pacific in<br />

the next few years.<br />

The vendor landscape is presently highly consolidated but is witnessing the emergence of<br />

several domestic players in emerging economies. Some of the leading players operating in<br />

the global surgical sutures market are Teleflex Incorporated, Medtronic plc, Integra


LifeSciences Corporation, B. Braun Melsungen AG, Smith & Nephew plc, Acelity L.P. Inc.,<br />

Johnson & Johnson, Zimmer Biomet Holdings, Inc., Boston Scientific Corporation, and<br />

ConMed Corporation.<br />

Request a sample of this report to know what opportunities will emerge in the rapidly<br />

evolving <strong>Surgical</strong> <strong>Sutures</strong> <strong>Market</strong> during 2017- 2025<br />

http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=19172<br />

About Us<br />

Transparency <strong>Market</strong> Research (TMR) is a market intelligence company, providing<br />

global business information reports and services. Our exclusive blend of quantitative<br />

forecasting and trends analysis provides forward-looking insight for thousands of decision<br />

makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary<br />

data sources and various tools and techniques to gather, and analyze information. Our<br />

business offerings represent the latest and the most reliable information indispensable for<br />

businesses to sustain a competitive edge.<br />

Each TMR syndicated research report covers a different sector – such as pharmaceuticals,<br />

chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and<br />

technology. These reports provide in-depth analysis and deep segmentation to possible<br />

micro levels. With wider scope and stratified research methodology, TMR’s syndicated<br />

reports strive to provide clients to serve their overall research requirement.<br />

US Office Contact<br />

90 State Street, Suite 700<br />

Albany, NY 12207<br />

Tel: +1-518-618-1030<br />

USA – Canada Toll Free: 866-552-3453<br />

Email: sales@transparencymarketresearch.com<br />

Website: http://www.transparencymarketresearch.com

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!