Global Surgical Suture Market

Surgical Suture Market Size, Share, Growth Analysis, By Product (Suture Threads, Automated Suturing Devices), By Type (Multifilament Sutures, Monofilament Sutures), By Application (Cardiovascular Surgery, General Surgery), By End User (Hospitals, Ambulatory Surgical Centers), By Region - Industry Forecast 2025-2032


Report ID: SQMIG35A2205 | Region: Global | Published Date: November, 2024
Pages: 157 | Tables: 116 | Figures: 77

Surgical Suture Market Insights

Surgical Suture Market size was valued at USD 3.73 Billion in 2023 and is poised to grow from USD 3.97 Billion in 2024 to USD 6.57 Billion by 2032, growing at a CAGR of 6.50% during the forecast period (2025-2032).

The global market is experiencing significant expansion due to the increase in surgical operations. An estimated 313 million operations are conducted annually throughout the world, creating a huge demand for surgical sutures in various nations, which could be a growth driver. The rising elderly population is a key driving factor for the global market for surgical sutures. A 2019 study found that although people over 65 make up around 16 percent of the American population, they account for 40 percent of hospital surgery patients and potentially more than half of all surgical procedures. The majority of chronic physical ailments that require surgery to improve affect the elderly. Furthermore, this change in the makeup of the population also contributes to the rise in demand for surgical sutures. A rise in the number of cosmetic operations along with rising disposable income and technological breakthroughs such hybrid fractional lasers and cryolipolysis, which lead to safer operating procedures, are key factors driving the growth of the global surgical suture market. The number of cosmetic surgery procedures performed in 2019 increased by 7.4% compared to 2018.

The surgical suture has a number of substitutes, some of which could serve as market restrictions. The most popular substitute for suturing is undoubtedly wound staples. A wound staple has a number of clear advantages to suturing, including a faster rate of closure and a lower risk of infection. Using a tissue adhesive, also known as tissue glue, to close a child's wound is appealing since it is frequently quicker and less painful than suturing. These alternatives to suturing, which have certain benefits over sutures, could impede the expansion of this sector. Operating procedure statistics are incredibly asymmetrically distributed over the world. Only 6% of the yearly 313 million surgeries take place in the poorest countries, which house about 33% of the world's population. To close the gap in low and middle-income nations, an extra 143 million procedures are required. A substantial chance for a big number of people undergoing surgical procedures in the anticipated period is also presented by an increase in health insurance coverage, which subsequently covers healthcare attention in the form of surgical treatments. Many governments in emerging economies are working to expand insurance coverage so that many citizens have access to essential medical care. Over 500 million people, or 50% of the Indian population, will be covered by social healthcare programmes in 2019, while 60% of Indians would be covered by health insurance alone. These elements offer an increasing number of chances for the Suture market to expand in these economies.

US Surgical Suture Market is poised to grow at a sustainable CAGR for the next forecast year.

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Surgical Suture Market size was valued at USD 3.73 Billion in 2023 and is poised to grow from USD 3.97 Billion in 2024 to USD 6.57 Billion by 2032, growing at a CAGR of 6.50% during the forecast period (2025-2032).

The Global Surgical Suture Market is highly competitive and fragmented, with a large number of players operating in the market. The market is dominated by a few major players, but there are also many smaller players that have a significant presence in regional markets. The competition in the surgical suture market is based on factors such as product quality, innovation, pricing, distribution channels, and customer service. The market is also influenced by factors such as healthcare expenditure, the prevalence of chronic diseases, and the aging population. As a result, companies in the market are investing heavily in research and development to develop new and innovative products and expand their market presence. 'Ethicon, Inc. (A Subsidiary of Johnson & Johnson) (US) ', 'Medtronic Plc (Ireland) ', 'B. Braun SE (Germany) ', 'Advanced Medical Solutions Group Plc (AMS Group) (UK) ', 'Healthium Medtech Limited (India) ', 'Internacional Farmaceutica S.A. De C.V. (Mexico) ', 'Peters Surgical (France) ', 'Corza Medical (US) ', 'Boston Scientific Corporation (US) ', 'Demetech Corporation (US) ', 'Zimmer Biomet Holdings, Inc. (US) ', 'Stryker Corporation (US) ', 'Smith & Nephew Plc (UK) ', 'Conmed Corporation (US) ', 'Mellon Medical B.V. (Netherlands) ', 'Unisur Lifecare Pvt. Ltd. (India) ', 'Assut Europe (Italy) ', 'Katsan Katgut Sanayi Ve Tic. A.S. (Turkey) ', 'Sutumed Corp. (Peru) ', 'Aqmen Medtech Pvt. Ltd. (India) ', 'Futura Surgicare Pvt. Ltd. (India) ', 'Anchora Medical Ltd. (Israel) ', 'Lotus Surgicals (India) ', 'Biosintex (Romania) ', 'Meril Life Sciences Pvt. Ltd. (India)'

The demand for surgical sutures is driven by the increasing number of surgeries being performed globally. The aging population, rising prevalence of chronic diseases, and increasing adoption of minimally invasive surgeries are all contributing to the growth of the surgical suture market.

Increasing demand for absorbable sutures: Absorbable sutures are becoming increasingly popular due to their ability to reduce the risk of complications such as infections and wound dehiscence. This is driving demand for absorbable sutures, which are expected to see significant growth in the coming years.

North America is the largest market for surgical sutures globally, with the US being the major contributor to the region's growth. The North America market is the largest globally and is expected to continue to grow in the coming years. The market is primarily driven by factors such as increasing demand for surgeries, a high level of healthcare expenditure, and the adoption of advanced medical technologies. The North America market is driven by a high level of healthcare expenditure in the region. The US, in particular, has one of the highest healthcare expenditures globally, which has contributed significantly to the growth of the market. North America is a region characterized by a high level of technological advancement in the healthcare sector. The region has seen the development of new materials and technologies, such as absorbable sutures and surgical meshes, which have improved wound healing and reduced the risk of infection, leading to better patient outcomes. Overall, the North America market is expected to continue growing in the coming years, driven by factors such as increasing demand for surgeries, a high level of healthcare expenditure, and the adoption of advanced medical technologies. The market is highly competitive, with several major players operating in the region, and is expected to remain a major contributor to the global surgical suture market.

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Global Surgical Suture Market

Report ID: SQMIG35A2205

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