Global Absorbable Sutures Market 2024-2028
The absorbable sutures market is forecasted to grow by USD 670.7 mn during 2023-2028, accelerating at a CAGR of 4.47% during the forecast period. The report on the absorbable sutures market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing number of surgical procedures globally, rise in number of road accidents globally, and growing geriatric population globally.
Technavio's absorbable sutures market is segmented as below:
- By Type
- Monofilament sutures
- Braided sutures
- By End-user
- Hospitals
- Ambulatory surgical centers
- Specialty clinics
- By Geographical Landscape
- North America
- Europe
- Asia
- Rest of World (ROW)
This study identifies the rising demand for absorbable sutures from emerging economies as one of the prime reasons driving the absorbable sutures market growth during the next few years. Also, increasing demand for minimally invasive procedures and emergence of smart absorbable sutures will lead to sizable demand in the market.
The report on the absorbable sutures market covers the following areas:
- Absorbable sutures market sizing
- Absorbable sutures market forecast
- Absorbable sutures market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading absorbable sutures market vendors that include B.Braun SE, Bactiguard Holding AB, Boston Scientific Corp., Boz Tibbi Malzeme Sanayi ve Tic. A.S, Centenial Surgical Suture Ltd., CPT SUTURES CO. LTD., DemeTECH Corp., Futura Surgicare Pvt. Ltd., Gunze Ltd., Johnson and Johnson Services Inc., KATSAN KATGUT SANAYI VE TICARET A.S, LUXSUTURES, Medtronic PLC, META BIOMED CO. LTD., Orion Sutures India Pvt. Ltd., Surgical Sutures Pvt. Ltd., Sutumed Corp., Suture Planet, Teleflex Inc., and Unisur Lifecare Pvt. Ltd.. Also, the absorbable sutures market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.