Global Surgical Sutures Market Insights on Emerging Scope Prophesy
The global Surgical Sutures Market is expanded at a healthy CAGR of 5.4% across the projection period from 2022 to 2032. The market is expected to enjoy a valuation of around US$ 8.2 Bn by the end of the year 2022 and further reach an estimation of around US$ 13.9 Bn by the year 2032.
As per the latest reports by Future Market Insights,
surgical sutures are leading the market in the product segment with a share of
about 56.1% in the year 2021, within the global market. The market value of
surgical sutures was calculated at approximately 41.4% of the overall US$
18.8 Bn of the global Wound Closure Devices market in 2021.
The sale of surgical sutures expanded at a CAGR of 4.9%
from 2017 to 2021. Surgical sutures have diverse applications as they hold
tissues together after any sort of injury or surgery in order to assist the natural
process of healing. Common places where these sutures are used are on the skin,
internal tissues, organs, and blood vessels.
After a pre-determined amount of time, the body tends to
either absorb or break down the absorbable suture used in surgery. These
types of sutures are developed of synthetic materials like caprolactone,
polyglycolic acid, polydioxanone, polyglactin, and polyglyconate as well as
natural materials like catgut.
There are two types of absorbable sutures: knotted
absorbable sutures and knotless absorbable sutures. Once the predetermined time
period is over then it is crucial to remove the non-absorbable sutures because
they are composed of a substance that is immune to biological bodily processes.
They are made use of materials like silk, nylon, polypropylene, and polyester
sutures.
There are two types of non-absorbable sutures: knotted
non-absorbable sutures and knotless non-absorbable sutures. Over the last few
years, the surgical sutures industry went through some major technological
advancements which have led to the increased adoption of surgical sutures in
comparison to other wound closure methods.
Key Market Players
B.Braun Melsungen AG, Johnson & Johnson (Ethicon), CP
Medical, Atramat, Medtronic (Covidien), DemeTECH Corporation, Teleflex
Incorporated (Teleflex Medical OEM), Sutumed, Kono Seisakusho Co.,Ltd, Mani
Inc., Olimp- Surgical Sutures, Lotus Surgicals, Unisur Lifecare Pvt Ltd.
(Universal Sutures), GMD Group, Dynek Pvt Ltd., Unilene, Advanced MedTech
Solutions Pvt. Ltd, Corza Medical, Dolphin Sutures
Read More@ https://www.futuremarketinsights.com/reports/surgical-sutures-market
Competitive Landscape
The overall surgical sutures market is known to be highly
fragmented owing to the presence of several competitors within the surgical
sutures production spheres. In order to meet consumer demand and simultaneously
expand their customer base, these companies are implementing methods such as
mergers and acquisitions, partnerships and collaborations, and new product
launches.
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