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(Medical-NewsWire.com, August 26, 2018 ) Surgical Suture Market Outlook and Analysis to 2025 - Leading Top Companies are B. Braun Melsungen AG, Medtronic, Ethicon USA, LLC, Smith & Nephew, Atramat, Demetech Corporation, Sutures India, Péters Surgical, Teleflex Medical OEM, Serag-Wiessner GmbH & CO. KG among others.
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Surgical sutures are medical devices that are utilized during the surgical procedures for closing a wound with stitches. Many researchers and market players have developed innovative type of sutures which include absorbable and non-absorbable suture. Sutures are used for stitching the incisions during the surgical procedures or the cuts and wounds occurred during the accidents or injuries. The absorbable sutures are used as they get dissolved in the body with tissue enzymes easily. The advancements in the field of surgical sutures have resulted in increased developments of surgical sutures.
In our study, we have segmented the surgical sutures market by product, and application. Based on product, the market is segmented as absorbable sutures and non-absorbable sutures. The absorbable sutures is further classified as natural sutures and synthetic sutures. The application segment is classified as cardiovascular surgeries, orthopedic surgeries, general surgeries, gynecology surgeries, ophthalmic surgeries and others. Geographically, the global market for surgical sutures is segmented into North America, Europe, Asia Pacific, Middle East & Africa and South and Central America.
Global surgical sutures market is estimated to grow at a CAGR of 5.4% during the forecast period from 2018 to 2025. The market for surgical sutures is estimated to reach US$ 4,503.3 Mn in 2025. The market has been witnessing a steady growth rate during the past recent years and is anticipated to experience similar trend in the coming years. Additionally, manufacturers are focusing towards product innovation in the material used for manufacturing the sutures and the instruments holding the sutures by means of research and development activities.
The market for surgical sutures is dominated by the North American market due to rise in the demand for surgical sutures in the region. The market is expected to rise in during the forecast years owing to factors such as increase in the number of surgical procedures in the region. In the North American market United States holds the largest market for the surgical sutures owing to the factors such as rise in the number of surgeries for the cardiovascular diseases. In addition, the orthopedic surgeries are being carried out more in this country. As per the American Joint Replacement Registry (AJRR) it is estimated that by 2030 near about 3.48 Mn people will be requiring knee replacement. The estimates are calculated by considering the baby boomers reaching old age in the United States. Moreover, the cardiovascular disease (CVD) and stroke are creating immense health burdens in the United States. As per the American College of Cardiology’s reports it is stated that near about 800,000 deaths were noted in United States.
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Source: EmailWire.Com
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