Global Surgical Sutures Market- Market Overview:

The global Surgical Sutures Market is expected to grow from USD 8.45 billion in 2022 to USD 13.98 billion by 2030, at a CAGR of 6.5% during the Projection period 2023-2030. The growth of this market is mainly driven by an increase in the no. of operations taking place throughout the world, creating a huge need for surgical sutures.

A medical device known as a surgical suture is used to close the majority of different sorts of wounds. Ideally, a suture should allow the wound closures to close when the healing tissue has recovered sufficiently to do so. A surgical suture is commonly referred to as a stitch. It is a medical tool used to approximate the edges of wounds and to hold bodily parts together after surgery or damage. The most common application tool is a needle with a length of thread attached. Based on the shape and size of the needle, the kind of thread used, and other factors, sutures can be divided into numerous categories. Several modifications and technical advancements in material science have led to the creation of sutures with extraordinary mechanical and physical properties. In addition to partying their fundamental function of wound closure, they also have antibacterial properties and, more recently, have allowed for the removal of surgical knots with barbed sutures and the substitution of skin sutures with adhesives. Suture material selection is determined by a variety of elements, including tissue type, risk of infection, and personal preferences. A surgical needle enables proper placement of the suture material inside a tissue. Additionally, sutures can be categorized according to their intended use, such as cardiovascular sutures, ocular sutures, general sutures, orthopedic sutures, etc.

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Market Dynamics:

Drivers:                          

• Increase in the number of minimally invasive surgeries

One major element driving the worldwide market for surgical sutures is the rise in surgical cases. A surgical stitch, also known as a suture, is a medical device used to keep tissues in the body together following a physical problem or medical operation. Typically, the application involves using a needle with a string attached. In a perfect world, a stitch should enable the healing tissue to heal sufficiently to maintain the injury terminations together when they are digested or removed.

Restraints:

• Lack of awareness among the people regarding the available suturing options

The industry's expansion has been significantly constrained by the public's lack of knowledge about the many suturing methods available on the market. Variable policies provided by insurance companies regarding suturing supplies have proven to be a market restraint. The entire cost of surgical care, which rises significantly with the use of cutting-edge tools and materials, has been a significant barrier to the market's expansion. The industry's diversity of wound healing choices has slowed the development of surgical sutures, which might harm the market throughout the projection period.

Opportunities:

• Technological advancements

Due to technical advancements including the use of various synthetic materials with exceptional tissue-holding properties and almost no risk of infection or scar Typeation, the market has changed. Knotless, bioactive, antimicrobial, and electronic sutures have been developed, making it easy to identify any leaks or infections in the wound. With the speedy development of surgical sutures that release stem cells and drugs, medication delivery to the surgical site is now successful. Additionally, there are many prospects for businesses functioning in the industry thanks to the growth of research and understanding of unique operations and the desire for better healthcare facilities. Governments from several countries support the use of these items to improve healthcare facilities. The target product is gaining a significant amount of market growth as a result of all the above causes.

Challenges:

• Availability of advanced wound closure products

Despite advances in technology, there are some drawbacks to using surgical sutures. These drawbacks include cross-hatched marks, the potential for dehiscence if the suture material ruptures, the challenge of making small adjustments along the suture line, and wrinkles along the suture line when the stitches are inserted in thin skin. The introduction of new alternatives that solve these problems may dramatically slow market expansion.

Segmentation Analysis:

The global Surgical Sutures Market has been segmented based on Type, Application, and Region.

By Type

The Type segment is Absorbable and Non absorbable. The Absorbable segment led the largest share of the Surgical Sutures Market with a market share of around 55% in 2022.  The sector with the highest revenue share is absorbable. Due to its capacity to maintain wounds temporarily until they heal and can endure normal tension. The capacity of absorbable sutures to spontaneously disintegrate may also be seen in the steadily growing demand for them. As a result, major market participants are spending money on R&D projects, which will likely contribute to the future expansion of the absorbable industry.

By Application

The Application segment is Ophthalmic Surgery, Cardiovascular Surgery, Orthopedic Surgery, Neurological Surgery, and Others. Cardiovascular Surgery segment led the largest share of the Surgical Sutures Market with a market share of around 25% in 2022. Due to the vast number of patients suffering from cardiovascular problems worldwide, the field of cardiovascular surgery has experienced enormous expansion. The number of operations performed has increased due to the rise in chronic diseases of the cardiovascular system. As the global elderly population has grown, it also has increased the number of cardiovascular conditions that require surgery. Due to this, there are now significantly more cardiac operations being performed, which raises demand for surgical sutures throughout the projection period.

Global Surgical Sutures Market- Sales Analysis.

The sale of Surgical Sutures Market Products and applications expanded at a CAGR of 3.5% from 2016 to 2022.

The length of time it takes for a healing tissue to stop needing sutures varies on the kind of tissue. Due to technological improvements, numerous procedures are now more effective and safe, which is projected to drive the worldwide market for surgical sutures.

The market for surgical sutures is projected to grow as a result of several strategic choices made by industry participants, such as alliances and acquisitions for an expanded distribution network and product development.

Thus, owing to the aforementioned factors, the global Surgical Sutures Market is expected to grow at a CAGR of 6.5% during the Projection period from 2022 to 2030.

By Regional Analysis:

The regions analyzed for the Surgical Sutures Market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. North America region dominated the Surgical Sutures Market and held a 35% share of the market revenue in 2022.

• The North America region witnessed a major share. due to the existence of local and significant players, relatively there is a high cost of sutures compared to other locations, the favorable reimbursement environment, the growth of government programs, and the established healthcare infrastructure. The significant revenue share of North America is also largely due to technological improvements and strong domestic wealth.
• Asia Pacific is anticipated to experience significant growth during the Projection period. This is because there are more elderly people, who are more prone to need surgery, and because the government is spending more money on the healthcare system to address the unmet needs in this area. Among the important markets in the Asia Pacific area are China, India, and Japan. Another significant driver driving the market in this area toward exponential growth is the rise of medical tourism in nations like India, Singapore, and Malaysia.

Global Surgical Sutures Market- Country Analysis:

• Germany

Germany's Surgical Sutures Market size was valued at USD 0.8 billion in 2022 and is expected to reach USD 1.7 billion by 2030, at a CAGR of 6.3% from 2023 to 2030. During the projection period, Germany is expected to have a CAGR growth rate in the European surgical sutures market, where it currently stands third after China in terms of revenue generated and market share. One of the market's top companies, B. Braun Melsungen AG, is German-based, offering a profitable prospect for expansion.

• China

China’s Surgical Sutures Market size was valued at USD 0.9 billion in 2022 and is expected to reach USD 1.3 billion by 2030, at a CAGR of 6.5% from 2023 to 2030. 

The surgical suture market in China has a number of significant competitors and is somewhat competitive. In China, there is a rising need for surgical sutures. The market is now more profitable as a result. This will motivate international players to establish themselves in China. The demand for surgical sutures has a positive effect on the growth of the market in China.

• India

India's Surgical Sutures Market size was valued at USD 0.7 billion in 2022 and is expected to reach USD 1.8 billion by 2030, at a CAGR of 5.8% from 2023 to 2030.  The number of patients with chronic diseases being admitted to hospitals has grown as has the number of trauma cases in India. As many orthopedic, alimentary, ophthalmic, and other instances necessitate surgical suturing in the case of operations, it is projected that this would raise demand for the usage and acceptance of surgical sutures. As a result, a rise in operations affected the demand for surgical sutures and positively impacted the market's expansion in India.

Key Industry Players Analysis:

To increase their market position in the global Surgical Sutures Market business, top companies focus on tactics such as adopting new technology, mergers & acquisitions, Product developments, collaborations, partnerships, joint ventures, etc.       

• Covidien
• Ethicon US LLC
• Braun Melsungen AG
• Smith & Nephew
• Integra Lifesciences
• Peter Surgical
• Internacional farmaceutica
• CONMED CORPORATION
• Sutures India Pvt Ltd

Latest Development:

• In July 2022, The widest selection of antimicrobial sutures in the world was introduced by Dolphin Sutures. The project's main goals are to improve patient safety and provide surgeons with more assurance in a range of clinical contexts.
• In November 2020, The Georgia facility in Trenton will be expanding, according to Teleflex Medical OEM. The project expands the facility by 16,000 square feet.

Report Metrics

Report Attribute	Details
Study Period	2022-2030
Base year	2022
CAGR (%)	6.5%
Market Size	8.45 billion in 2022
Projection period	2023-2030
Projection unit	Value (USD)
Segments covered	By Type, By Application, and By Region.
Report Scope	Revenue Projection, competitive landscape, company ranking, growth factors, and trends
Companies covered	Covidien, Ethicon US LLC, B. Braun Melsungen AG, Smith & Nephew, Integra Lifesciences, Peter Surgical, Internacional farmaceutica, CONMED CORPORATION, and Sutures India Pvt Ltd.
By Type	Absorbable Non absorbable
By Application	Ophthalmic Surgery Cardiovascular Surgery Orthopedic Surgery Neurological Surgery Others
Regional scope	North America Europe Asia-Pacific South America Middle East and Africa

Scope of the Report

Global Surgical Sutures Market By Type:

• Absorbable
• Non absorbable

Global Surgical Sutures Market By Application:

• Ophthalmic Surgery
• Cardiovascular Surgery
• Orthopedic Surgery
• Neurological Surgery
• Others

Global Surgical Sutures Market By Region:

• North America
  • USA
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
• Asia-Pacific
  • Japan
  • China
  • India
  • Korea
  • Southeast Asia
• South America
  • Brazil
  • Peru
• Middle East and Africa
  • UAE
  • South Africa
  • Saudi Arabia

Political Factors- Government and political institutions and authorities must keep an eye on industrial rivalry. This will guarantee that businesses are employing ethical business practices and strategies for their items. The government can monitor, limit, and regulate imports with the use of competition regulation, which will support the development and growth of regional firms. The preservation of the rights and interests of the relevant stakeholders as well as the protection of all groups and stakeholders depends on competition regulation.

Economic Factors- For markets like the surgical suture market to succeed, the economy has to have a moderate rate of inflation. A modest rate of inflation will also aid in corporate expansion and positively influence consumer confidence and spending patterns. The economy will benefit, and disposable income will rise overall. A greater inflation rate would result in less discretionary money, which could affect enterprises and companies as well as weaken consumer confidence. It would also likely lead to a decrease in overall expansion. A decreased inflation rate will result in a significant rise in disposable income, which could stimulate competition, particularly through pricing methods that could result in unethical price wars that unfairly benefit the customer.

Social Factors- surgical suture market will benefit from a growing proportion of the younger population because it will provide the business access to a broader customer base. Additionally, a younger population promises surgical suture market access to human resources and individuals who are more talented and educated, expanding the talent pool. For the surgical suture market, a moderate to upper-middle-class demographic is crucial for both its present clients and supporters. This group promotes the surgical suture market by serving as brand ambassadors and inspires the next generation to become devoted consumers.

Technological Factors- The country, as well as other consumer markets, have significant internet penetration rates. Most of the population owns a smartphone for internet access and has access to PCs and laptops as well. Due to the strong penetration of the internet, it is used for both personal and professional obligations. A population that is progressive and well-educated is reflected in the increasing internet penetration, which is advantageous for the surgical suture market. Additionally, the surgical suture market has utilized the widespread use of the internet for marketing and promotional efforts in order to connect with customers directly and solicit feedback.

Environmental Factors- The nation has stringent controls on trash management. To follow rules, uphold checks, and prevent any further issues, the surgical suture market should affiliate with and register with waste management institutions and authorities. Regarding environmental sustainability, the surgical suture market already has a controlled and designated approach for managing waste and disposing of trash in an environmentally responsible way. The sterilization container systems market has a small-scale, corporately operated hydro plant to aid in manufacturing.

Legal Factors- The population of the nation and the market is diverse. There are many immigrants, and enterprises from the government run in many different off-shore places. As a result, the surgical suture market has always been open to having a diverse workforce and has created internal business policies that foster diversity. The business adheres to anti-discrimination laws in all of its operations, from hiring to promoting. All staff participate in diversity trainings and workshops on a regular basis to learn how to avoid discriminatory and biassed actions that could have serious consequences. Like other companies in the market, the surgical suture market is an equal opportunity employer. Additionally, the surgical suture market makes sure that there is no discrimination inside the organization and that the work environment is always positive.

1. Introduction
   • 1. Objectives of the Study
   • 2. Market Definition
   • 3. Research Scope
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
   • 1. Porter’s Five Forces Analysis
   • 2. Value Chain Analysis
   • 3. Top Investment Pockets
     • 3.1. Market Attractiveness Analysis By Type
     • 3.2. Market Attractiveness Analysis By Application
     • 3.3. Market Attractiveness Analysis By Region
   • 4. Industry Trends
5. Market Dynamics
   • 1. Market Evaluation
   • 2. Drivers
     • 2.1. Increase in the number of minimally invasive surgeries
   • 3. Restraints
     • 3.1. Lack of awareness among the people regarding the available suturing options
   • 4. Opportunities
     • 4.1. Technological advancements
   • 5. Challenges
     • 5.1. Availability of advanced wound closure products

6. Global Surgical Sutures Market Analysis and Projection, By Type
   • 1. Segment Overview
   • 2. Absorbable
   • 3. Non absorbable
7. Global Surgical Sutures Market Analysis and Projection, By Application
   • 1. Segment Overview
   • 2. Ophthalmic Surgery
   • 3. Cardiovascular Surgery
   • 4. Orthopedic Surgery
   • 5. Neurological Surgery
   • 6. Others
8. Global Surgical Sutures Market Analysis and Projection, By Regional Analysis
   • 1. Segment Overview
   • 2. North America
     • 2.1. U.S.
     • 2.2. Canada
     • 2.3. Mexico
   • 3. Europe
     • 3.1. Germany
     • 3.2. France
     • 3.3. U.K.
     • 3.4. Italy
     • 3.5. Spain
   • 4. Asia-Pacific
     • 4.1. Japan
     • 4.2. China
     • 4.3. India
   • 5. South America
     • 5.1. Brazil
   • 6. Middle East and Africa
     • 6.1. UAE
     • 6.2. South Africa

9. Global Surgical Sutures Market-Competitive Landscape
   • 1. Overview
   • 2. Market Share of Key Players in the Surgical Sutures Market
     • 2.1. Global Company Market Share
     • 2.2. North America Company Market Share
     • 2.3. Europe Company Market Share
     • 2.4. APAC Company Market Share
   • 3. Competitive Situations and Trends
     • 3.1. Technology Launches and Developments
     • 3.2. Partnerships, Collaborations, and Agreements
     • 3.3. Mergers & Acquisitions
     • 3.4. Expansions

10. Company Profiles
    • Covidien
      • 1.1. Business Overview
      • 1.2. Company Snapshot
      • 1.3. Company Market Share Analysis
      • 1.4. Company Technology Portfolio
      • 1.5. Recent Developments
      • 1.6. SWOT Analysis
    • Ethicon US LLC
      • 2.1. Business Overview
      • 2.2. Company Snapshot
      • 2.3. Company Market Share Analysis
      • 2.4. Company Technology Portfolio
      • 2.5. Recent Developments
      • 2.6. SWOT Analysis
    • Braun Melsungen AG
      • 3.1. Business Overview
      • 3.2. Company Snapshot
      • 3.3. Company Market Share Analysis
      • 3.4. Company Technology Portfolio
      • 3.5. Recent Developments
      • 3.6. SWOT Analysis
    • Smith & Nephew
      • 4.1. Business Overview
      • 4.2. Company Snapshot
      • 4.3. Company Market Share Analysis
      • 4.4. Company Technology Portfolio
      • 4.5. Recent Developments
      • 4.6. SWOT Analysis
    • Integra Lifesciences
      • 5.1. Business Overview
      • 5.2. Company Snapshot
      • 5.3. Company Market Share Analysis
      • 5.4. Company Technology Portfolio
      • 5.5. Recent Developments
      • 5.6. SWOT Analysis
    • Peter Surgical
      • 6.1. Business Overview
      • 6.2. Company Snapshot
      • 6.3. Company Market Share Analysis
      • 6.4. Company Technology Portfolio
      • 6.5. Recent Developments
      • 6.6. SWOT Analysis
    • Internacional farmaceutica
      • 7.1. Business Overview
      • 7.2. Company Snapshot
      • 7.3. Company Market Share Analysis
      • 7.4. Company Technology Portfolio
      • 7.5. Recent Developments
      • 7.6. SWOT Analysis
    • CONMED CORPORATION
      • 8.1. Business Overview
      • 8.2. Company Snapshot
      • 8.3. Company Market Share Analysis
      • 8.4. Company Technology Portfolio
      • 8.5. Recent Developments
      • 8.6. SWOT Analysis
    • Sutures India Pvt Ltd
      • 9.1. Business Overview
      • 9.2. Company Snapshot
      • 9.3. Company Market Share Analysis
      • 9.4. Company Technology Portfolio
      • 9.5. Recent Developments
      • 9.6. SWOT Analysis

List of Table

1. Global Surgical Sutures Market, By Type, 2023–2030 (USD Billion)
2. Global Absorbable, Surgical Sutures Market, By Region, 2023–2030 (USD Billion)
3. Global Non absorbable, Surgical Sutures Market, By Region, 2023–2030 (USD Billion)
4. Global Surgical Sutures Market, By Application 2023–2030 (USD Billion)
5. Global Ophthalmic Surgery, Surgical Sutures Market, By Region, 2023–2030 (USD Billion)
6. Global Cardiovascular Surgery, Surgical Sutures Market, By Region, 2023–2030 (USD Billion)
7. Global Orthopedic Surgery, Surgical Sutures Market, By Region, 2023–2030 (USD Billion)
8. Global Neurological Surgery, Surgical Sutures Market, By Region, 2023–2030 (USD Billion)
9. Global Others, Surgical Sutures Market, By Region, 2023–2030 (USD Billion)
10. Global Surgical Sutures Market, By Region, 2023–2030 (USD Billion)
11. North America Surgical Sutures Market, By Type, 2023–2030 (USD Billion)
12. North America Surgical Sutures Market, By Application 2023–2030 (USD Billion)
13. USA Surgical Sutures Market, By Type, 2023–2030 (USD Billion)
14. USA Surgical Sutures Market, By Application 2023–2030 (USD Billion)
15. Canada Surgical Sutures Market, By Type, 2023–2030 (USD Billion)
16. Canada Surgical Sutures Market, By Application 2023–2030 (USD Billion)
17. Mexico Surgical Sutures Market, By Type, 2023–2030 (USD Billion)
18. Mexico Surgical Sutures Market, By Application 2023–2030 (USD Billion)
19. Europe Surgical Sutures Market, By Type, 2023–2030 (USD Billion)
20. Europe Surgical Sutures Market, By Application 2023–2030 (USD Billion)
21. Germany Surgical Sutures Market, By Type, 2023–2030 (USD Billion)
22. Germany Surgical Sutures Market, By Application 2023–2030 (USD Billion)
23. France Surgical Sutures Market, By Type, 2023–2030 (USD Billion)
24. France Surgical Sutures Market, By Application 2023–2030 (USD Billion)
25. UK Surgical Sutures Market, By Type, 2023–2030 (USD Billion)
26. UK Surgical Sutures Market, By Application 2023–2030 (USD Billion)
27. Italy Surgical Sutures Market, By Type, 2023–2030 (USD Billion)
28. Italy Surgical Sutures Market, By Application 2023–2030 (USD Billion)
29. Spain Surgical Sutures Market, By Type, 2023–2030 (USD Billion)
30. Spain Surgical Sutures Market, By Application 2023–2030 (USD Billion)
31. Asia Pacific Surgical Sutures Market, By Type, 2023–2030 (USD Billion)
32. Asia Pacific Surgical Sutures Market, By Application 2023–2030 (USD Billion)
33. Japan Surgical Sutures Market, By Type, 2023–2030 (USD Billion)
34. Japan Surgical Sutures Market, By Application 2023–2030 (USD Billion)
35. China Surgical Sutures Market, By Type, 2023–2030 (USD Billion)
36. China Surgical Sutures Market, By Application 2023–2030 (USD Billion)
37. India Surgical Sutures Market, By Type, 2023–2030 (USD Billion)
38. India Surgical Sutures Market, By Application 2023–2030 (USD Billion)
39. South America Surgical Sutures Market, By Type, 2023–2030 (USD Billion)
40. South America Surgical Sutures Market, By Application 2023–2030 (USD Billion)
41. Brazil Surgical Sutures Market, By Type, 2023–2030 (USD Billion)
42. Brazil Surgical Sutures Market, By Application 2023–2030 (USD Billion)
43. Middle East and Africa Surgical Sutures Market, By Type, 2023–2030 (USD Billion)
44. Middle East and Africa Surgical Sutures Market, By Application 2023–2030 (USD Billion)
45. UAE Surgical Sutures Market, By Type, 2023–2030 (USD Billion)
46. UAE Surgical Sutures Market, By Application 2023–2030 (USD Billion)
47. South Africa Surgical Sutures Market, By Type, 2023–2030 (USD Billion)
48. South Africa Surgical Sutures Market, By Application 2023–2030 (USD Billion)

List of Figures 

1. Global Surgical Sutures Market Segmentation
2. Surgical Sutures Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Surgical Sutures Market Attractiveness Analysis By Type
9. Global Surgical Sutures Market Attractiveness Analysis By Application
10. Global Surgical Sutures Market Attractiveness Analysis By Region
11. Global Surgical Sutures Market: Dynamics
12. Global Surgical Sutures Market Share By Type (2023 & 2030)
13. Global Surgical Sutures Market Share By Application (2023 & 2030)
14. Global Surgical Sutures Market Share by Regions (2023 & 2030)
15. Global Surgical Sutures Market Share by Company (2021)