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Written by Business News » Updated on: May 21st, 2024
IMARC Group, a leading market research company, has recently released a report titled "Surgical Sutures Market Report by Type (Absorbable Sutures, Non-Absorbable Sutures), Material (Monofilament, Multifilament), Application (Cardiovascular Surgeries, General Surgeries, Gynecological Surgeries, Orthopedic Surgeries, Ophthalmic Surgeries, and Others), End User (Hospitals and Clinics, Ambulatory Surgical Centers, and Others), and Region 2024-2032". The study provides a detailed analysis of the industry, including the surgical sutures trends, size, share and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
The global surgical sutures market size reached US$ 5.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 8.3 Billion by 2032, exhibiting a growth rate (CAGR) of 5.3% during 2024-2032.
Request to Get the Sample Report: https://www.imarcgroup.com/surgical-sutures-market/requestsample
Factors Affecting the Growth of the Surgical Sutures Industry:
Rapid Technological Advancements in Suturing Techniques:
The rising innovations in suture materials, such as the development of bioabsorbable and antibacterial-coated sutures, are some of the major factors bolstering the market growth. Bioabsorbable sutures are made from materials like polyglycolic acid and polylactic acid that eliminate the need for suture removal, thereby reducing patient discomfort and the risk of infection. Moreover, antibacterial-coated sutures are coated with triclosan and help in preventing surgical site infections (SSIs). Additionally, the burgeoning integration of robotic-assisted suturing systems in minimally invasive (ML) surgeries to increase precision and reduce operative times is acting as a growth-inducing factor. They enable surgeons to perform complex procedures with enhanced dexterity and control, leading to better patient outcomes and shorter recovery periods.
Increasing Prevalence of Chronic Diseases and Surgical Procedures:
The rising prevalence of chronic diseases, such as cardiovascular disorders, diabetes, and cancer, is a major factor driving the market growth. In line with this, cardiovascular diseases frequently necessitate surgeries like coronary artery bypass grafting (CABG), which rely heavily on surgical sutures for vessel anastomosis. Similarly, the growing incidence of cancer, leading to a surge in oncological surgeries, is boosting the market growth. Additionally, the increasing number of orthopedic surgeries due to the rising geriatric population and the prevalence of musculoskeletal disorders is contributing to the market growth. Besides this, the burgeoning expansion of healthcare infrastructure that facilitates access to surgical treatments, thereby increasing the overall volume of surgeries performed, is fueling the market growth.
Rising Awareness and Adoption of Advanced Surgical Practices:
The growing awareness and adoption of advanced surgical practices are major factors positively influencing the market growth. In line with this, the growing recognition among surgeons and healthcare providers about the benefits of using advanced suturing techniques and materials to enhance surgical outcomes is favoring the market growth. Besides this, the introduction of several educational programs and workshops to train medical professionals in the latest suturing technologies is fostering the market growth. Moreover, the increasing focus on patient safety and the prevention of surgical site infections (SSIs), leading to the widespread adoption of antimicrobial sutures and other innovative suturing solutions, is enhancing the market growth. Apart from this, the heightened investment by healthcare institutions in advanced surgical equipment and training programs to ensure the implementation of best practices in surgical care is strengthening the market growth.
Explore the Full Report at: https://www.imarcgroup.com/surgical-sutures-market
Surgical Sutures Market Report Segmentation:
By Type:
Absorbable sutures represented the largest segment due to their ability to dissolve within the body, eliminating the need for suture removal and reducing the risk of post-operative complications.
By Material:
Multifilament accounted for the largest market share due to its superior tensile strength and knot security, making it ideal for a wide range of surgical procedures.
By Application:
Cardiovascular surgeries represented the largest segment as these procedures frequently require intricate suturing techniques to ensure successful patient outcomes.
By End User:
Hospitals and clinics represented the largest segment due to the high volume of surgeries performed in these settings, necessitating a consistent and large supply of sutures.
Regional Insights:
North America's dominance in the surgical sutures market is attributed to its advanced healthcare infrastructure, high surgical procedure volume, and significant investment in medical technology and innovation.
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Global Surgical Sutures Market Trends:
The increasing integration of smart sutures that are embedded with sensors and electronics to monitor wound healing in real-time by tracking various physiological parameters, such as pH levels, temperature, and tension at the wound site, is fueling the market growth. Furthermore, the ongoing trend towards personalized medicine and customized sutures that are tailored to the specific needs of individual patients or particular surgical procedures is fostering the market growth. Additionally, the growing focus on environmentally friendly suturing solutions as companies explore the use of biodegradable materials derived from natural sources, such as silk and collagen, is catalyzing the market growth.
Speak to An Analyst: https://www.imarcgroup.com/request?type=report&id=4616&flag=C
Top Companies Operated in Surgical Sutures Industry:
Key Highlights of the Report:
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US:
IMARC Group
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Email: [email protected]
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