Surgical Sutures Market
Surgical Sutures Market - Global Industry Assessment & Forecast
#
Pages:
143
2022
Mar - 2022
VMR-1396
Segments Covered
By
Product Nature of Absorbent, Non-absorbable Sutures, Type Of Coating, Automated Suturing Devices
-
By
Application Cardiovascular Surgery, General Surgery, Gynecological Surgery, Orthopedic Surgery, Ophthalmic Surgery, Cosmetic & Plastic Surgery
Other Applications
-
By
End User Hospitals, Ambulatory Surgical Centers (ASCs), Clinics & Physician Offices
-
By
Regions North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2022 |
| Forecast
Years:
|
2023 - 2030 |
 Historical
Years:
|
2017 - 2021 |
 Revenue
2022: |
USD 3716.76 Million |
 Revenue 2030:
|
USD 5704.06 Million |
 Revenue CAGR
(2023 - 2030): |
5.50% |
Fastest Growing Region (2023 -
2030)
|
Asia Pacific |
Largest Region (2022):
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Research Methodology: Surgical Sutures Market by Product by Application by End User by Regions - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
The later stage covers data validation and collection from primary research. The information gained/procured from the secondary data sources is validated through extensive primary interviews with industry experts across the Surgical Sutures supply chain. The primary research is also conducted to identify key players in the market and to gather and validate already procured information pertaining to their market-specific financial information. Moreover, primary research is used to gain/validate information about:
- Surgical Sutures market size at regional and country level
- Key industry players and their market share and Surgical Sutures market-specific sales/revenue
- Understanding of the Surgical Sutures supply chain and overall ecosystem
Data Triangulation and Market Size Estimations
After arriving at the global market numbers, top-down and bottom-up approaches are used to estimate, validate and finalize the market size of the Surgical Sutures market. After the determination of the overall market size, the market is divided into various segments and sub-segments. Moreover, these same approaches mentioned above were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. During the data triangulation process, the data was analyzed by employing various data models and statistical techniques to arrive at exact statistics and market size for each segment/sub-segment of the market. The data is analyzed and triangulated by considering all the key market impacting factors from both supply and demand side of Surgical Sutures market.
FAQ
Frequently Asked Question
What is the global demand for Surgical Sutures in terms of revenue?
-
The global Surgical Sutures valued at USD 3716.76 Million in 2022 and is expected to reach USD 5704.06 Million in 2030 growing at a CAGR of 5.50%.
Which are the prominent players in the market?
-
The prominent players in the market are Medtronic Plc (Ireland), Johnson & Johnson (US), Advanced Medical Solutions Group plc (UK), Internacional Farmacéutica S.A. de C.V.(Mexico), and B. Braun Melsungen (Germany), Smith & Nephew (UK), Boston Scientific Corporation (US), Peters Surgical (France), DemeTECH Corporation (US) and Surgical Specialties Corporation (US), Dolphin Sutures (India), Derma Sciences (US), Stryker Corporation (US), Healthium MedTech (India), CONMED Corporation (US), Sutcon Sutures(Indonesia), Zimmer Biomet (US), GPC Medical (India), Sutumed, CPT Sutures(India), Lotus Surgicals (India), Vital Sutures(US), Unilene (India), Mellon Medical B.V.(Netherlands), and Riverpoint Medical(US).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 5.50% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Surgical Sutures include
- rapid increase in the elderly population, technological advancements, and the growing number of surgical procedures across the world
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Surgical Sutures in 2022.
