Surgical Sutures Market Size, Share, Opportunities, And Trends By Type (Absorbable, Non-absorbable), By Filament (Monofilament, Multifilament), By Application (Opthalmic Surgery, Cardiovascular Surgery, Orthopedic Surgery, Neurological Surgery, Others), And By Geography - Forecasts From 2023 To 2028

The surgical sutures market is estimated to grow at a CAGR of 6.51% during the forecast period.

A surgical suture, usually referred to as a stitch, is a piece of medical equipment used to keep bodily tissues together and roughly define the boundaries of wounds following an operation or injury. The form, size, and properties of the needles, as well as the kind of thread used, determine the various suture types. The features and location of the wound or the particular bodily tissues that need to be approximated are taken into consideration while choosing a surgical suture. Tensile power, flexibility, sterility, and knot security are exceptional traits.

Growth drivers for the surgical sutures market

The advancement of suture and wound closure technologies, as well as a rise in surgical procedures, are driving the growth of this surgical sutures market. Additionally, emerging nations' expanding healthcare infrastructure presents stronger chances for surgical sutures market growth. The availability of substitute wound care products and the rising acceptance of minimally invasive surgery are anticipated to somewhat constrain surgical sutures market expansion.

High prevalence of cardiovascular surgeries

In the United States, cardiovascular illnesses are the main cause of mortality. According to the Centres for Disease Control and Prevention, there is one cardiovascular disease-related death in the United States every 34 seconds, and there are close to 805,000 heart attacks every year. The 2021 Annual Report on Hip and Knee Arthroplasty by the American Joint Replacement Registry states that more than 2.2 million hip and knee replacement procedures were performed at 1,150 sites. Additionally, as per the American College of Rheumatology, more than 7,90,000 knee replacements and 4,50,000 hip replacements are performed annually in the United States which is fueling the surgical sutures market.

Growing elderly population

The main reasons for the increase in the aging population are the declining birth rate and rising life expectancy. Additionally, older adults require more surgical intervention than younger ones due to their increased risk of musculoskeletal injuries and chronic conditions which expands the surgical sutures industry. As a result, worldwide product demand is driven by an aging population. For example, according to a report from the UN Department of Economic and Social Affairs (UNDESA), the number of persons in the world who are 60 or older is expected to increase by 56%, Le, from 901 million in 2015 to 1.4 billion in 2030. The number of senior citizens worldwide is anticipated to reach around 2.1 billion by 2050.

Surge in preference for minimally invasive surgeries

Medical equipment manufacturers have created an improved operating room integration system as a result of greater public awareness of surgical procedures used to treat conditions like obesity. Traditional surgical methods are replaced by keyhole surgery. For instance, minimally invasive surgery such as laparoscopy allows a surgeon to examine internal organs without making large incisions in the abdomen or pelvis. Patients pick minimally invasive procedures because they reduce their fears and provide them with a greater sense of security.

Improvements in the technology of sutures and wound healing

Flexible endoscopic procedures have a significant problem concerning wound closure with surgical sutures. When choosing suture materials for wound closure, factors such as tissue layers, tension, tissue type, surgical access, and removal time are taken into consideration. The choice of absorbable or non-absorbable materials for sutures depends on the kind of wound closure. Non-absorbable sutures degrade poorly in human tissues, but absorbable sutures frequently lose 50% of their tensile strength within 60 days in tissues where they are either eaten by an enzyme or hydrolyzed.

The growing popularity of automated surgical sutures

The surgical sutures market was led by the automated suturing equipment sector. This is because ASDs are employed to seal and heal surgical incisions and wounds. They can be used in a variety of surgical procedures, including female urogenital surgeries, open surgical procedures, and minimally invasive procedures. These tools are chosen for laparoscopic procedures because they offer accuracy and precision while working in a three-dimensional plane. ASD is being adopted more frequently than conventional suturing techniques, which is boosting the surgical suture market growth.

The market for surgical sutures in North America is anticipated to grow

The established healthcare infrastructure, attractive reimbursement environment, increased government initiatives, and presence of various local and major companies are the key factor propelling the surgical sutures market growth in the North American region. The growth is also attributable to the region’s domestic economy and technological advancements.

As the government is spending more money on the healthcare system to meet the requirements in the Asia Pacific region, and the growth in aging people in the region are the factor propelling the rise in surgical sutures market growth in the Asia Pacific region.

Market Key Developments

• In May 2023, A Cologne-based firm called Pfm Medical Ag invested in Lyra Medical Ltd., an Israeli business.
• In August 2022, Acquisition of Intermedt Medizin & Technik GmbH by B.Braun Melsungen AG.
• In May 2022, In2Bones Global Inc., a global creator, producer, and distributor of medical devices for ailments and injuries of the upper and lower limbs, was purchased by Conmed Corporation.
• In February 2022, The launch of Hemostatic goods under the name Hemostax (Oxidised Regenerated Cellulose) under a new vertical Dolphin Hemostats was announced by Futura Surgicare Pvt Ltd, a pioneer in the medical device business recognized for delivering quality in design, production, and distribution.

Surgical Sutures Market Scope:

 

Report Metric	Details
Growth Rate	CAGR of 6.51% from 2021 to 2028
Base Year	2021
Forecast Period	2023 – 2028
Forecast Unit (Value)	USD Billion
Segments Covered	Type, Filament, Application, and Geography
Regions Covered	North America, South America, Europe, Middle East and Africa, Asia Pacific
Companies Covered	Universal Sutures, Surgical Sutures Private Limited, Dolphin Sutures, Vitrex Medical, Peters Surgical, Katsanas, SMI AG, Suture Planet, Corza Medical, Johnson & Johnson
Customization Scope	Free report customization with purchase

 

Segmentation:

• By Type
  • Absorbable
  • Non-absorbable
• By Filament
  • Monofilament
  • Multifilament
• By Application
  • Opthalmic Surgery
  • Cardiovascular Surgery
  • Orthopedic Surgery
  • Neurological Surgery
  • Others
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Others
  • Asia Pacific
    • Japan
    • China
    • India
    • South Korea
    • Indonesia
    • Thailand
    • Others

1.  INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Assumptions

3. EXECUTIVE SUMMARY

3.1. Research Highlights

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Force Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. SURGICAL SUTURES MARKET, BY TYPE

5.1. Introduction

5.2. Absorbable

5.3. Non-absorbable

6. SURGICAL SUTURES MARKET, BY FILAMENT

6.1. Introduction

6.2. Monofilament

6.3. Multifilament

7. SURGICAL SUTURES MARKET, BY APPLICATION

7.1. Introduction

7.2. Opthalmic Surgery

7.3. Cardiovascular Surgery

7.4. Orthopedic Surgery

7.5. Neurological Surgery

7.6. Others

8. SURGICAL SUTURES MARKET, BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. United States

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Others

8.4. Europe

8.4.1. United Kingdom

8.4.2. Germany

8.4.3. France

8.4.4. Spain

8.4.5. Others

8.5. The Middle East and Africa

8.5.1. Saudi Arabia

8.5.2. UAE

8.5.3. Israel

8.5.4. Others

8.6. Asia Pacific

8.6.1. Japan

8.6.2. China

8.6.3. India

8.6.4. South Korea

8.6.5. Indonesia

8.6.6. Thailand

8.6.7. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Vendor Competitiveness Matrix

10. COMPANY PROFILES 

10.1. Universal Sutures

10.2. Surgical Sutures Private Limited

10.3. Dolphin Sutures

10.4. Vitrex Medical

10.5. Peters Surgical

10.6. Katsanas

10.7. SMI AG

10.8. Suture Planet

10.9. Corza Medical

10.10. Johnson & Johnson

Universal Sutures

Surgical Sutures Private Limited

Dolphin Sutures

Vitrex Medical

Peters Surgical

Katsanas

SMI AG

Suture Planet

Corza Medical

Johnson & Johnson