12 February 2019:
Surgical
Suture Market is anticipated to grow at a CAGR of 4.2% in the
upcoming period as the scope, product types, and its applications are
increasing across the globe. Surgical Sutures is also known as “Surgical
Stitches” and they have needle with the attached length of thread. Surgical
sutures imply medical devices that is used to hold body tissue collected close
a wound.
The factors that propel the growth of the Surgical Suture
Market include improved occurrences of numerous chronic diseases and technical
developments in surgical suture products. On the other hand, there are factors
that may hamper the growth of the market including absence of appropriate
disinfection system in healthcare establishments and unfavorable taxation
rules.
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The market may be explored by product type, application, end
user, and geography. The market may be explored by product type as absorbable
sutures and non-absorbable sutures. Absorbable Sutures may further include
Synthetic Sutures, and Natural Sutures and Non-absorbable Sutures may further
include Polypropylene Sutures, Nylon Sutures, and Stainless-Steel Sutures. The
“Absorbable Sutures” segment led the Surgical Suture Market in 2017 and is
anticipated to maintain its dominance by 2023 owing to due to its biodegradable
properties.
The key applications that could be explored in the Surgical
Suture Market include Ophthalmic surgeries, Orthopedic surgeries,
Cardiovascular surgeries, Gynecological surgeries, General surgeries, and
Others. The “General Surgeries” segment led the Surgical Suture Market in 2017
and is anticipated to maintain its dominance by 2023 owing to rising number of
patients with cardiac disease.
Some of the key players that fuel the growth of the Surgical
Suture Market comprise Integra Life Sciences Corp., Teleflex Inc., B. Braun
Melsungen AG, Medtronic Plc, Acelity L.P. Inc., Johnson & Johnson, Smith
& Nephew Plc, Zimmer Biomet Holdings Inc., ConMed Corp., and Boston
Scientific Corp. The leading companies are taking up partnerships, mergers and
acquisitions, and joint ventures in order to boost the inorganic growth of the
industry.
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Surgical Suture
Market by Geographical Regions:-
•
North America
•
Europe
•
Asia Pacific
•
Middle East and Africa
•
South America
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