Global Absorbable and Non-Absorbable Sutures Market Projected to Reach USD 5 Billion by 2026

18-Dec-2020 | Facts and Factors

Findings from Facts and Factors report “Absorbable and Non-Absorbable Sutures Market By Product Type (Automated Suturing Devices, and Sutures), By Surgery Type (Cardiovascular, Orthopedic, Gynecology, Opthalmology, General Surgery, and Others), By End Users (Hospitals, Ambulatory Centers, Clinics, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global Absorbable and Non-Absorbable Sutures Market in 2019 was approximately USD 3.7 billion. The market is expected to grow at a CAGR of 4.2% and is anticipated to reach around USD 5 billion by 2026.

The Global Absorbable and Non-Absorbable Sutures Market Is Powered By Increasing Geriatric Populations And Enormous Government Spending On The Construction Of Healthcare Facilities.

Sutures are sterilized, surgical threads that are used for wound closure usually called stitches. They are mostly used to close incisions that result from surgery.   Doctors and surgeons use them to keep together the blood vessels, skin, internal organs, and other body tissues after they have been separated by injury, incision, or surgery. The closure of surgical sutures provides an environment for quicker wound healing. Until ample healing takes place, tissues are attached with sutures to allow patients to withstand stress without any mechanical support Depending on its utilizing; a number of sutures with differing properties are available. It is possible to broadly divide sutures into two types are absorbable sutures and non-absorbable sutures.

For a certain amount of time, an absorbable suture dissolves in the tissue. As the incision heals, it degenerates. After a surface incision has healed, a non-absorbable suture does not get dissolved in the body and must be detached by a surgeon. Additionally, to prevent unintended infection, sutures do not absorb fluid.

Browse the full “Absorbable and Non-Absorbable Sutures Market By Product Type (Automated Suturing Devices, and Sutures), By Surgery Type (Cardiovascular, Orthopedic, Gynecology, Opthalmology, General Surgery, and Others), By End Users (Hospitals, Ambulatory Centers, Clinics, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" report at https://www.fnfresearch.com/absorbable-and-non-absorbable-sutures-market

In the forecast era, the market is anticipated to grow at a rapid rate as it proves to be better for inner body wound closure, while the market rises in the use of synthetic sources such as polymers that are usually produced and readily available. An increasing number of diseases and cases of trauma are expected to drive the market while increasing geriatric populations will be beneficial to the market. In addition, enormous government spending on the construction of healthcare facilities could be an opportunity to address unmet medical needs in developing regions. However, the production of advanced wound care dressings and the availability of alternatives such as surgical staplers and emergencies such as hemorrhage, leakage, especially in the colonic anastomosis, esophageal, and diverticular formation are limiting the expansion of the market in recent years.

The worldwide market for absorbable and non-absorbable sutures is categorized into product type, surgery type, and end-users. Based on product type, the market has been classified into sutures and automated suturing devices. The automated suturing devices category of the product type segment is expected to grow substantially over the forecast period as these types of devices are utilized during stitching large colons and any other laparoscopic surgeries. On the basis of surgery type, the market is divided into orthopedic, cardiovascular, Opthalmology, general surgery,  gynecology, and others. In terms of end-user, the absorbable and non-absorbable sutures market is segmented into ambulatory centers, hospitals, and clinics, among others.

In terms of geography, North America has accounted for the highest market share during the forecast period, due to the progressive technological innovation and massive government expenditure to develop healthcare infrastructure, while growing demand for effective and minimally invasive surgery would expand market growth. In addition, growing cases of chronic disease and trauma surgery will also fuel market growth in the region, while Asia-Pacific is expected to expand in the coming years at the highest germination rate due to developing economies such as Japan, China, and India.

Report Scope

Some of the leading and top companies in the absorbable and non-absorbable sutures market include

Thermo Fisher Scientific Inc., Seegene Inc., altona Diagnostics GmbH, Siemens Healthcare GmbH, FastSense Diagnostics, SolGent Co., Ltd, Curetis, Abbott, Mologic, QIAGEN, BioMaxima SA, F. Hoffmann-La Roche Ltd, CTK Biotech, Inc, and VivaChek Biotech among others.

The taxonomy of the Absorbable and Non-Absorbable Sutures market by its scope and segmentation is as follows:

By Product TypeAnalysis

• Automated Suturing Devices
• Sutures

By Surgery TypeAnalysis

• Cardiovascular
• Orthopedic
• Gynecology
• Opthalmology
• General Surgery
• Others

By End User Analysis

• Hospitals
• Ambulatory Centers
• Clinics
• Others

By Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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