Global Bioabsorbable Surgical Suture Threads Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Bioabsorbable Surgical Suture Threads market size was valued at USD 900.3 million in 2023 and is forecast to a readjusted size of USD 1625.3 million by 2030 with a CAGR of 8.8% during review period.
Bioabsorbable surgical suture threads are a type of surgical thread that is designed to be absorbed by the body over time. These threads are typically made from biocompatible materials that are gradually broken down by the body's natural enzymes and excreted through the urine or feces.
Bioabsorbable surgical sutures are used in a wide range of surgical procedures, including internal and external wounds, hernia repairs, and reconstructive surgery. They provide temporary support and structure during the healing process while gradually being absorbed by the body. This allows the tissue to heal without the need for surgical removal of the thread at a later date.
According to our research, the global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
The Global Info Research report includes an overview of the development of the Bioabsorbable Surgical Suture Threads industry chain, the market status of Hospitals (Synthetic Sutures, Poliglecaprone Suture(Monocryl)), Clinics (Synthetic Sutures, Poliglecaprone Suture(Monocryl)), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Bioabsorbable Surgical Suture Threads.
Regionally, the report analyzes the Bioabsorbable Surgical Suture Threads markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Bioabsorbable Surgical Suture Threads market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Bioabsorbable Surgical Suture Threads market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Bioabsorbable Surgical Suture Threads industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Kilometer), revenue generated, and market share of different by Type (e.g., Synthetic Sutures, Poliglecaprone Suture(Monocryl)).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Bioabsorbable Surgical Suture Threads market.
Regional Analysis: The report involves examining the Bioabsorbable Surgical Suture Threads market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Bioabsorbable Surgical Suture Threads market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Bioabsorbable Surgical Suture Threads:
Company Analysis: Report covers individual Bioabsorbable Surgical Suture Threads manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Bioabsorbable Surgical Suture Threads This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Hospitals, Clinics).
Technology Analysis: Report covers specific technologies relevant to Bioabsorbable Surgical Suture Threads. It assesses the current state, advancements, and potential future developments in Bioabsorbable Surgical Suture Threads areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Bioabsorbable Surgical Suture Threads market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Bioabsorbable Surgical Suture Threads market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Synthetic Sutures
Poliglecaprone Suture(Monocryl)
Vicryl
Polydioxanone Suture(PDS)
Natural Sutures
Collagen
Catgut Suture
Polyglycolic Acid Suture
Market segment by Application
Hospitals
Clinics
Major players covered
Medtronic
Johnson & Johnson
Boston Scientific
3M
Smith & Nephew
Ethicon
B. Braun Melsungen
DemeTECH
Internacional Farmaceutica
Sutures India
W.L. Gore & Associates
EndoEvolution
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Bioabsorbable Surgical Suture Threads product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Bioabsorbable Surgical Suture Threads, with price, sales, revenue and global market share of Bioabsorbable Surgical Suture Threads from 2019 to 2024.
Chapter 3, the Bioabsorbable Surgical Suture Threads competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Bioabsorbable Surgical Suture Threads breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Bioabsorbable Surgical Suture Threads market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Bioabsorbable Surgical Suture Threads.
Chapter 14 and 15, to describe Bioabsorbable Surgical Suture Threads sales channel, distributors, customers, research findings and conclusion.