Share on

Global Surgical Sutures Market Size, Share, Trends, COVID-19 Impact and Growth Analysis Report – Segmented By Product (Sutures & Automated Suturing Devices), Application, End User and Region - Industry Forecast (2023 to 2028).

Published: January, 2022
ID: 2654
Pages: 170
Formats: report pdf report excel report power bi report ppt

Surgical Sutures Market Size (2023 to 2028)

The global surgical sutures market size is projected to be worth USD 5.36 billion by 2028 from USD 4.2 billion in 2023 and is growing at a CAGR of 5% from 2023 to 2028.

Surgical Sutures Market Share Insights:

  • Based on the product, the absorbable suture segment had the largest share of the worldwide market in 2022.
  • Based on application, the surgery application segment held the leading share of the global market in 2022.
  • The Asia Pacific market had a substantial share of the worldwide market in 2022 and is estimated to grow at the fastest CAGR from 2023 to 2028.

Surgical sutures are a standard medical device for wound closure and stitching up surgical openings. These devices are used in the form of a needle and different threads used to close and let the wounds heal. Surgical sutures come in two basic types absorbable and non-absorbable. The absorbable type does not need to be removed, while the doctor removes the non-absorbable sutures after the healing process. the threads of the sutures are made of either synthetic or natural material and are sterilized before use. The threads can be single-stranded or can have a braided multiple-strand structure to add more stability. These surgical sutures are an essential part of the healing process for patients. Therefore, it is essential to correctly choose the suitable suture leading to demand in the market.

Impact of COVID-19 on the global surgical sutures market:

Following the spread of COVID-19, the healthcare sector has seen numerous ups and downs in different markets. The coronavirus pandemic is also having an impact on the surgical suture market. The device sector, which contributes 60–75 %, is shrinking due to the lockout. The availability of supplies has been stagnant due to travel bans, which affect the surgical practice and, as a result, the surgical suture industry's impact. Many surgeries are being canceled due to the outbreak of coronavirus. Many departments and their personnel focus on covid – 19 patients; because of staff shortages, surgeries are delayed or canceled in certain situations. Besides, hospitals devote money and tools to contaminated patients, which affects surgeries.

Furthermore, governments worldwide have imposed a lockout, decreasing hospital visits and elective surgeries. As a result, about 28,000,000 operations were canceled or delayed globally in the 12 weeks of COVID-19. Furthermore, the pandemic disrupted patients' economic standing by causing job loss and inflation. As a result, many patients disregard the procedures. Henceforth, covid - 19 disrupted the clinics and affected everybody. As the number of surgeries decreased, so did the demand for surgical sutures, slowing the development of the surgical sutures industry. As a result, the surgical sutures market experienced a market downfall during the first quarter of 2020. In addition, the surgical sutures market lost sales as the flight ban disrupted the supply chain.

MARKET DRIVERS:

The growing number of surgeries being performed worldwide is one of the major factors propelling the surgical sutures market growth.

For example, according to statistics, nearly 234.2 million major surgeries are performed yearly. Additionally, the growing complications after surgery lead to demand for proper surgical sutures. According to the WHO stats, up to 25% of the patients who undergo surgery experience complications after it. Furthermore, the growing cases of chronic illnesses leading to people requiring surgeries support the market's growth. For example, according to the WHO reports, around 41 million people die yearly due to chronic noncommunicable diseases like cardiovascular problems, diabetes, cancer, and respiratory disorders. Additionally, the growing number of organ transplantation surgeries due to the failure of body parts in patients supports the growing surgery rates.

The growing geriatric populations prone to injuries and diseases support the market growth.

The rising cases of traffic accidents and injuries also support the need for the market. According to WHO stats, traffic accidents leave around 20 to 50 million people with non-fatal injuries yearly. Additionally, the growing development in the production of sutures by industries to create new and more efficient products and make the recovery process faster supports the market's growth. For example, Dolphin sutures, the Indian company, displayed its latest innovative sutures at the Medica 2022 event in Germany. The company showcased new products like Barbed sutures, PTFE & UHMWPE Sutures, Antibacterial suture Range, etc.

In addition, the growing adoption of technological developments to manufacture innovative surgical advancements, increasing investments, and a rising number of government initiatives promote the surgical sutures market growth. Furthermore, the growing clinical trials to gouge the efficiency of different types of sutures also support the market growth. For example, in 2019, the US government conducted a clinical trial to test the efficiency of two types of absorbable sutures in thyroid incision surgeries.

MARKET RESTRAINTS:

The availability of alternative devices hinders the global surgical sutures market growth. However, there has been a rise in surgical staplers compared to sutures, which could threaten the surgical suture market's development. The use of surgical staplers is due to many advantages, such as low cost, effectiveness, reliability, speed, and the ability to reduce infection; thus, doctors favor staplers over surgery sutures. Aside from that, other available pharmaceuticals decrease the probability of surgery, reducing the need for surgical sutures.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2021 to 2027

Base Year

2021

Forecast Period

2022 to 2027

Segments Covered

By Product, Application, End-User, and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, Drivers, Restraints, Opportunities, Challenges; PESTLE Analysis; Porter's Five Forces Analysis; Competitive Landscape, Analyst Overview of Investment Opportunities

Regions Covered

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

 

This research report on the global surgical sutures market has been segmented and sub-segmented based on product, application, end-user, and region.

Surgical Sutures Market– By Product:

  • Sutures
    • Absorbable sutures          
      • Natural sutures
      • Synthetic sutures
    • Non-Absorbable sutures
      • Nylon sutures
      • Proline sutures
      • Stainless steel sutures
      • Other Non-absorbable sutures
  • Automated Suturing devices                            
    • Disposable          
    • Reusable              

Based on the product, the absorbable suture segment is forecasted to lead the global surgical sutures market, whereas the future of this segment is to have the fastest growth rate in the coming years. Furthermore, increasing demand for biodegradable product types to reduce side effects after surgeries is leveraging the market's growth. As a result, the synthetic suture segment is estimated to account for the leading shares during the forecast period within the sub-segments of absorbable sutures. At the same time, the natural sutures are projected to showcase a healthy CAGR. On the other hand, the non-absorbable suture segment is expected to have a lower growth rate than absorbable sutures as they are not widely used. However, using these non-absorbable sutures in long-term surgeries and tissue closures, which require a long time to close and are more internally complicated, leads to growth for the market.

Surgical Sutures Market– By Application:

  • Surgeries
  • General Surgeries
  • Gynecological Surgeries
  • Orthopedic Surgeries
  • Ophthalmic Surgeries
  • Orthopedic Surgeries
  • Ophthalmic Surgeries
  • Other Applications

By application, the surgery application type is ruling with the highest share of the market. Furthermore, a rise in surgeries for cardiovascular-related issues focuses on expanding the size of this segment. In addition, the growing cases of heart problems, rising Blood pressure, and high cholesterol support the segment's growth.

Additionally, the orthopedic surgeries application is next in line in delivering promising growth during the forecast period. The rising incidents of road accidents and geriatric populations with bone problems like osteoporosis and arthritis lead to demand for the segment. In addition, the growing cases of spinal cord injuries and surgeries also support the segment.

Surgical Sutures Market– By End User:

  • Hospitals
  • Other End-Users

Based on end-user, the Hospital sector dominates the market with the most significant shares from the past decade. The increasing construction of hospitals and the growing flow of patients rapidly magnifies the market's growth. Additionally, the presence of professional surgeons in hospital settings supports the market's growth.

Other end-users like ambulatory care services and special surgical centers are also expected to grow during the forecast period due to the growing cases of patients opting for these services. In addition, the long waiting lists and time of admission in hospitals, along with high charges and service costs, are leading to more growth for these other segments.

Surgical Sutures Market– By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • The Middle East and Africa

Regionally, in 2021, the North American surgical sutures market accounted for a share of 39% of the global market and is estimated to continue its dominance throughout the forecast period owing to the adoption of the latest surgical sutures in hospitals. In addition, the rise in capital income in developed and developing countries is gearing up for market growth.

The Asia Pacific surgical sutures market accounted for a substantial share of the global market in 2021, owing to the rising funds from government organizations and increasing focus on improving treatment procedures.

The surgical sutures market in Europe was valued at USD 1.15 billion in 2022.

The Latin American surgical sutures market is forecasted to be growing at a CAGR of 5.1% from 2022 to 2027.

The surgical sutures market in the Middle East and Africa has an inclined growth rate during the forecast period.

KEY MARKET PLAYERS:

Notable companies in the global surgical sutures market profiled in this report are Johnson & Johnson, Inc., B. Braun Melsungen AG, Smith & Nephew plc, Demetech Corporation, Conmed Corporation, W.L. Gore & Associates, Boston Scientific Corporation, 3M Healthcare, Medtronic Inc., and Sutures India Pvt Ltd. These major players expand their market share by applying strategies such as mergers, acquisitions, partnerships, and launches. 

RECENT MARKET DEVELOPMENTS:

  • In January 2021, DKSH extended a partnership with Healthium Medtech to deliver high-quality surgical medical device products.
  • In November 2020, Healthium Medtech launched a knotless tissue closure device called Trubarb™, intended for suturing.
  • The Endoscopy Division of Smith & Nephew's company introduced UltraBraid, a high-strength polyethylene suture for affixing soft tissue to bone.
  • In August 2016, Ethicon introduced two new suture technologies named STRATAFIX Spiral PDS Plus and STRATAFIX Spiral Monocryl Plus Knotless Tissue Control Devices.
  • In February 2023, Origami surgical, a new jersey based company, announced that it received FDA clearance for its new stitch kit device for robotic surgeries.

Please wait. . . . Your request is being processed

FAQ's

What is the COVID-19 Impact on the global surgical sutures market?

The COVID-19 impact moderately hampered the growth rate of the surgical sutures market in 2020 and 2021. However, from the second half of 2021, the market's growth started recovering and is expected to register a healthy growth rate by the end of the forecast period.

Which region accounted for the major share in the global surgical sutures market in 2022?

Geographically, the North American region dominated the surgical sutures market worldwide and occupied a share of 41% in 2022.

Who are the prominent companies in the surgical sutures market?

Johnson & Johnson, Inc., B. Braun Melsungen AG, Smith & Nephew plc, Demetech Corporation, Conmed Corporation, W.L. Gore & Associates, Boston Scientific Corporation, 3M Healthcare, Medtronic Inc., and Sutures India Pvt Ltd are playing a key role in the surgical sutures market.

Related Reports

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2500

Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM

Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!

REACH OUT TO US

Call us on: +1 888 702 9696 (U.S Toll Free)

Write to us: sales@marketdataforecast.com

Click for Request Sample