Global Surgical Suture Market: Snapshot

Surgical sutures are products used routinely for wound closure during surgical procedures and form an indispensable part of surgical procedures in almost all medical specialties. Despite the emergence of a variety of advanced wound care products, such as alginate/fiber dressings, skin substitutes, and hydrogel dressings, surgical sutures continue to be used in a wide variety of surgeries such as neurosurgery, plastic surgery, orthopedics surgery, cardiovascular surgery, gynecological surgery, general surgeries, and urological surgery.

Although the easy availability of alternatives has led to a steep decline in the overall usage of surgical sutures in the past few years, their use has remained important owing to the rising prevalence of disorders related with skin, breast, soft tissue, trauma, peripheral vascular surgery, hernias. Moreover, rising aging population and increasing number of musculoskeletal diseases continue to drive the global market for surgical sutures.

Transparency Market Research estimates that the global surgical sutures market holds an incremental opportunity of US$5,080.1 mn from 2017 to 2025. The market is expected to exhibit a CAGR of 3.9% over the said period.

global surgical sutures market

Absorbable Surgical Sutures to Remain Leading Product Type

In terms of product type, the global market for surgical sutures has been segmented in the report into two main categories: absorbable sutures and non-absorbable sutures. Of these, the segment of absorbable sutures contributes the dominant share of sales and revenue to the global market. The segment accounted for nearly 60% of the global market in 2016 and is expected to hold an equally strong position in the global market throughout the forecast period. The segment witnesses a high level of popularity owing to its benefits such as a lowered risk of wound infection, low price, and higher profit margin.

Non-absorbable sutures are found beneficial in cases where long-term support is required and are most commonly used in specialty fields like cardiovascular surgeries. One of the major drawbacks associated with the use of non-absorbable sutures is the risk of localized side effects induced by some materials. The segment will continue to find usage in specialized applications over the next few years as well.

Rising Prevalence of Cardiovascular Diseases to Make Asia Pacific Key Market for Surgical Sutures

In terms of geography, North America dominated the global surgical sutures market in 2016, accounting for a nearly 35% of the global market, and is expected to retain its dominance during the report’s forecast period as well. The North America surgical sutures market is expected to exhibit a CAGR of 3.8% from 2017 to 2025. The dominance of the North America market and its promising future growth prospects are chiefly attributed to the increasing number of surgeries, early adoption of advanced treatment procedures, high prevalence of cardiovascular diseases, and rising number of surgeries.

However, the market in Asia Pacific is projected to register the most promising CAGR from 2017 to 2025. Growth factors include the increasing level of awareness among people, thriving medical tourism market due to low cost of treatment, and the vast rise in prevalence of lifestyle diseases. The growing prevalence of disorders related with stomach, small bowel, esophagus, pancreas, gallbladder and bile ducts, colon, liver, and the thyroid gland are also driving the market for surgical sutures in Asia Pacific. According to American heart association half of the world’s cardiovascular burden is predicted to occur in Asia Pacific in the next few years.

The vendor landscape is presently highly consolidated but is witnessing the emergence of several domestic players in emerging economies. Some of the leading players operating in the global surgical sutures market are Teleflex Incorporated, Medtronic plc, Integra LifeSciences Corporation, B. Braun Melsungen AG, Smith & Nephew plc, Acelity L.P. Inc., Johnson & Johnson, Zimmer Biomet Holdings, Inc., Boston Scientific Corporation, and ConMed Corporation.  

Global Surgical Sutures Market: Overview

Surgical sutures or stitches are materials used to close a wound after a surgery or an injury. They are used to improve and speed the healing process. A suturing technique generally requires a needle in order to accomplish the process. Sutures have been and are the indispensable part of surgical procedures in almost all medical specialties. Surgical sutures are available in various sizes and configurations and are economical. Absorbable and non-absorbable are the two main types of sutures available in the market. The use of sutures depends on the body’s ability to absorb and degrade the suture material over time.

Absorbable sutures were introduced into the market some 40 years ago and were earlier made of biological materials such as catgut. Today synthetic absorbable sutures available in the market are made of polylactic acid, polyglycolic acid, polydioxanone and caprolactone. The report consists of an executive summary that provides information about the products, its segments along with a market snapshot and comparative analysis by geography, in terms of revenue %, for 2016.

Global Surgical Sutures Market: Scope and Research Methodology

A detailed overview of market dynamics, including the drivers, restraints, and opportunities of the surgical Sutures market, along with porter’s analysis, value chain analysis, of the global market, has been provided in this report. Market revenue analysis for all the above mentioned segments has been provided for the forecast period of 2017-2025, considering 2016 as the base year, and 2015 as the historical year, along with compound annual growth rate (CAGR %), for the forecast period of 2017-2025. Market share estimations were based on in-depth analysis and study of products, and their features etc.

This report provides in-depth analysis of the surgical sutures market. The stakeholders for this report include companies involved in the manufacturing of surgical sutures. Executive summary section is included snapshot on stakeholders in this report, which summarizes the market size, trends and competition in different regions. Market players and Market share analysis is analyzed to signify percentage share of the major players operating in the surgical sutures market. Furthermore, the report includes market attractiveness analysis by geography that depicts the most attractive and significant region in the global market in 2016.

The research methodology is a combination of primary and secondary research. Primary research includes information collected via e-mails, and telephonic interviews of key opinion leaders (KOL), and forms the bulk of our research. Secondary research includes information collected from various sources, by study of company websites, annual reports, stock analysis presentations, press releases, and various national and international databases.  

Global Surgical Sutures Market: Segmentation Analysis

Based on product type, the surgical sutures market has been segmented into absorbable sutures and non-absorbable sutures. Absorbable sutures segment is growing at a CAGR of 2.8% from 2017 to 2025 due to it several advantages and application. Based on application, the surgical sutures are segmented into general surgeries, gynecological surgeries, cardiovascular surgeries, orthopedic surgeries, and other surgeries. The gynecological surgeries segment is expected to grow at a highest CAGR from 2017 to 2025. Based on end users, the market is segmented as hospitals, specialty clinics, and ambulatory surgery centers.

Based on geography, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The regions are further segmented into major countries which include, U.S., Canada, Germany, U.K., France, Italy, Spain, rest of Europe, China, Japan, India, Australia, Rest of Asia Pacific, Brazil, Mexico, Rest of Latin America, Saudi Arabia, South Africa, and Rest of Middle East & Africa.

Global Surgical Sutures Market: Competitive Insights 

The report also comprises list of major players in the market, their SWOT analysis, market share of these players in the Surgical Sutures market, key business strategies, product portfolios, and recent developments. Key market players profiled in this report include, B. Braun Melsungen AG, Medtronic plc, Teleflex Incorporated, Johnson & Johnson, Smith & Nephew plc, Acelity L.P. Inc., Boston Scientific Corporation, Zimmer Biomet Holdings, Inc., ConMed Corporation, and Integra LifeSciences Corporation.

The global surgical sutures market has been segmented as follows:

  • Global Surgical Sutures Market, by Product
    • Absorbable Sutures
      • Natural Sutures
      • Synthetic Sutures
    • Non-Absorbable Sutures
      • Nylon Sutures
      • Poly Propelene Sutures
      • Stainless Steel Sutures
  • Global Surgical Sutures Market, by Application
    • General Surgeries
    • Gynecological Surgeries
    • Cardiovascular Surgeries
    • Orthopedic Surgeries
    • Other Surgeries
  • Global Surgical Sutures Market, by End-users
    • Hospitals
    • Specialty Clinics
    • Ambulatory Surgery Centers
  • Global Surgical Sutures Market, by Geography
    • North America
      • U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Spain
      • Italy
      • Rest of Europe
    • Asia Pacific
      • India
      • China
      • Japan
      • Australia
      • Rest of Asia Pacific
    • Latin America
      • Brazil
      • Mexico
      • Rest of Latin America
    • Middle East & Africa
      • GCC Countries
      • South Africa
      • Rest of Middle East & Africa