Global Meningitis Vaccines Market - 2023-2030

Global Meningitis Vaccines Market - 2023-2030

Market Overview

The global surgical sutures market reached US$ XX million in 2022 and is projected to witness lucrative growth by reaching up to US$ XX million by 2030. The market is growing at a CAGR of xx% during the forecast period (2023-2030).

Surgical sutures can be used in a variety of surgical procedures, including open surgeries, laparoscopic surgeries, and other minimally invasive procedures. The type of suture material used depends on factors such as the location and severity of the wound, the patient's age and health status, and the surgeon's preference. In addition to holding wounds together, sutures can also be used to close blood vessels or internal organs, or to support tissues during the healing process.

Market Dynamics

The growing number of cardiovascular surgeries

The number of cardiovascular surgeries being performed worldwide has been increasing over the past few decades. This is largely due to several factors, including an aging population, unhealthy lifestyles, and advancements in medical technology. As the global population ages, there is an increased incidence of cardiovascular diseases such as coronary artery disease, heart failure, and arrhythmias, which often require surgical intervention. Cardiovascular surgery demand, which was 10,581 cases in 2014, is expected to climb steadily to 15,501 cases in 2040—an increase of 46.5%.

Side effects associated with surgical sutures

Surgical sutures can sometimes irritate the surrounding tissues, leading to inflammation and discomfort. In some cases, the body may react adversely to the suture material, leading to the formation of granulomas or other tissue growths. In rare cases, the body may reject the suture material, leading to inflammation and tissue damage.

COVID-19 Impact Analysis

In COVID-19 pandemic, the Centers for Medicare and Medicaid Services advised hospitals to reduce, postpone, or cancel elective procedures in the middle of March 2020, and the researchers discovered that this recommendation led to a 48% decline in surgical volume for that time period. Surgical procedures that are medically required but can wait more than a few days are known as elective procedures. In addition, the American College of Surgeons (ACS) and other significant surgical specialty societies published guidelines for triage of elective surgical procedures by surgical speciality and advised reducing, delaying, or cancelling elective surgical procedures.

Segment Analysis

The global surgical sutures market is segmented based on product, application, end-user, and region.

Owing to their absorbable nature and safty, the absorbable sutures

Infection, tissue damage, and suture failure are possible problems even though absorbable sutures are often safe and effective. Based on elements like the location and size of the wound, the patient's age and health status, and the anticipated healing time, healthcare providers must choose the proper suture material and size for each individual patient. Depending on the individual use, absorbable sutures are available in a number of sizes and strengths. In surgical operations such general surgery, obstetrics and gynecology, and orthopedics, they are frequently employed.

Geographical Analysis

The strong presence of major players and increasing cosmetic surgeries

In several Asian countries, including South Korea, Japan, China, and Thailand, among others, plastic surgery is particularly prevalent. In Asia and among Asian Americans, blepharoplasty is the third most common cosmetic procedure. Plastic surgery has a strong and open relationship in Asia. In fact, South Korea, which has the highest rate of cosmetic treatments per capita, has earned the title of ""plastic surgery capital"" of the globe. 1 in 3 women between the ages of 19 and 29 are preferred to have undergone plastic surgery in South Korea, which is estimated to have 980 clinics offering the operation.

Competitive Landscape

The major global players in the market include Covidien, Ethicon US, LLC. (Johnson & Johnson Services, Inc.), B. Braun Melsungen AG, Smith & Nephew, Integra Lifesciences, Peter Surgical, Internacional farmaceutica, CONMED CORPORATION, Sutures India Pvt. Ltd., and Teleflex Incorporated.

Why Purchase the Report?

• To visualize the global surgical sutures market segmentation based on product, application, en-user, and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of Surgical Sutures market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as excel consisting of key products of all the major players.

The global surgical sutures market report would provide approximately 61 tables, 58 figures and 195 Pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies