Surgical Sutures Market Will Reach USD 5.2 Billion by 2024: Meticulous Research®

Surgical Sutures Market by Product (Suture Thread (Synthetic, Nylon, Silk, Prolene, Steel), Automatic Suture Device), Application (CVD, General, Orthopedic, Gynec, Ophthalmic, Plastic, Cosmetics), End User (Hospitals, ASC, Clinic) - Global Forecast to 2024

Pune, India - May 13, 2019 /MarketersMedia/ —

Surgical sutures market has shown strong growth pattern in recent year’s majorly due to growing surgical procedures and burn cases, aging population & increasing prevalence of chronic diseases, technological advancement, and favorable reimbursement in developed regions. However, factors such as increasing preference for minimally invasive surgeries which may affect demand of threads, availability of alternative wound care management products, and lack of proper sterilization system are likely to hinder the market growth.

Meticulous Research® in its latest publication on surgical sutures market states that the global surgical sutures market will increase at a CAGR of 5.2% from 2018 to 2024 to reach USD 5.2 billion by 2024. Wherein, geographically, North America commanded the largest share in this market followed by Europe. The major share of North America is mainly attributed to increasing rate of surgical procedures, rising number of healthcare facilities, better availability of advanced products, and relatively favorable reimbursement for surgical procedures in this region.

The report provides meticulous analysis of global surgical sutures market by segmenting it on the basis of product (absorbable sutures, non-absorbable sutures, multifilament sutures, automated suturing devices), application (cardiovascular surgeries, general surgeries, gynecological surgeries, orthopedic surgeries, ophthalmic surgeries, cosmetic & plastic surgeries, other applications), and end user (hospitals, ambulatory surgical centers, clinics & physician offices). Wherein, among applications, cardiovascular surgeries segment commanded the largest share in this market. The largest share of this segment is primarily attributed to growing prevalence of cardiovascular diseases, increasing availability of advanced suture products, and rising coronary artery bypass graft (CABG) cases across the globe.
The key players analyzed in the global surgical sutures market are B. Braun Melsungen AG (Germany), Boston Scientific Corporation (U.S.), Medtronic plc (Ireland), Ethicon Inc. (Johnson & Johnson) (U.S.), Teleflex Incorporated (U.S.), Smith & Nephew (U.K.), CONMED Corporation (U.S.), Internacional Farmacéutica S.A. De C.V. (Mexico), DemeTech Corporation (U.S.), Peters Surgical (France), Sutures India (India), EndoEvolution, LLC (U.S.), Surgical Specialties Corporation (U.S.), and Mellon Medical B.V. (The Netherlands)

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Key Topics Covered in This Report:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Share Analysis
5. Market Insights
6. Surgical Suture Market, By Product
7. Surgical Suture Market, By Application
8. Surgical Suture Market, By End User
9. Geographic Analysis
10. Competitive Landscape
11. Company Profiles
12. Appendix.

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About Meticulous Research®
Meticulous Research® is founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

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Release ID: 511871