Surgical Suture Market Overview

MMR recently published a Surgical Suture market report. The report offers a comprehensive analysis of the Surgical Suture Market including industry revenue, market leaders, and followers across different regions and countries worldwide. It provides valuable forecasts in terms of value.

Market Value :

Surgical Suture Market was valued at US$ 4.43 Bn. in 2022 and the total Surgical Suture revenue is expected to grow at 6.1% from 2023 to 2029, reaching nearly US$ 6.71 Bn.

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Surgical Suture Market Report Scope and Research Methodology

The report includes a detailed competitive analysis of market drivers, restraints, opportunities, and growth prospects for the Surgical Suture Market. It presents an industry profile, market strategies, status, and core competitors, along with factors that may impact the industry positively or negatively, offering clear insights to decision-makers such as investors and stakeholders. The report analyses key players in the Surgical Suture Market, including their size, market share, revenue, growth, production volume, and profitability. It also offers regional coverage of key industries, measuring their dominance with key manufacturers.

Surgical Suture Market Regional Insights

In 2022, Asia-Pacific dominated the market, holding the highest market share in terms of revenue generation. This trend is expected to persist throughout the forecast period, with continual growth anticipated. The growth in the Surgical Suture Market is attributed to favourable government policies, increased investments, and significant expansion opportunities in China, Japan, and India. These factors are expected to drive the continued growth of the Surgical Suture Market in the region.

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Surgical Suture Market Segmentation:

Type-wise, the absorbable segment had the highest revenue share of over 56% in 2022 due to its ability to withstand frequent stress and provide temporary support for wounds as they heal.

by Type
• Absorbable
• Non-absorbable

In terms of filament, the multifilament category held a market leading revenue share of more than 50% in 2022. The multifilament segment is anticipated to grow at the fastest rate during the forecast period as well.

by Filament
• Cardiovascular Surgery
• General Surgery
• Gynecological Surgery
• Orthopedic Surgery
• Ophthalmic Surgery
• Cosmetic & Plastic Surgery
• Other

With a revenue share of more than 41% in 2022, the other segment dominated the surgical suture market by application. Cardiovascular surgery accounted for the second-highest revenue share in 2022.

by Application
• Cardiovascular Surgery
• General Surgery
• Gynecological Surgery
• Orthopedic Surgery
• Ophthalmic Surgery
• Cosmetic & Plastic Surgery
• Other

Surgical Suture Market Key Players:
• Medtronic plc (US)
• Johnson & Johnson (US)
• Sutumed (US)
• Vital Sutures (US)
• Unilene (US)
• Riverpoint Medical (US)
• CONMED Corporation (US)
• Boston Scientific Corporation (US)
• DemeTECH Corporation (US)
• Stryker Corporation (US)
• Zimmer Biomet (US)
• Advanced Medical Solutions Group plc (UK)
• Smith & Nephew (UK)
• B. Braun Melsungen (Germany)
• Peters Surgical (France)
• Genia SA (France)
• Mellon Medical (Netherlands)
• Biosintex (Romania)
• Dolphin Sutures (India)
• Healthium MedTech (India)
• GPC Medical (India)
• Lotus Surgicals (India)
• CPT Sutures (Vietnam)
• ARC Medical Supplies(Beijing) Co., Ltd. (China)
• Tagumedica SA (Peru)

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Table of content for the Surgical Suture Market includes:

Part 01: Executive Summary

Part 02: Scope of the Surgical Suture Market Report

Part 03: Surgical Suture Market Landscape

Part 04: Surgical Suture Market Sizing

Part 05: Surgical Suture Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Key questions answered in Surgical Suture Market are:

What is Surgical Suture Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for Surgical Suture Market?
Which factors are the lucrative opportunities for the Surgical Suture market growth?
Which factors are limiting the scope of Surgical Suture market ?
How is the intervention from regulatory authority is shaping the Surgical Suture Market?
What growth strategies are the key players considering to increase their presence in Surgical Suture Market?
Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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