Surgical Sutures Market Size, Trends and Insights By Product (Surgical Sutures, Mechanical Sutures), By Suture Material (Absorbable Sutures, Non-Absorbable Sutures), By Filament (Monofilament/Barb Sutures, Multifilament/Braided Sutures), By Raw Material (Natural Sutures, Silk Sutures, Catgut Sutures, Synthetic Sutures, Polyglactin 910 Sutures, Polyglecaprone 25 Sutures, Polydioxanone Sutures, Polyglycolic Acid Sutures, Nylon Sutures, Prolene Sutures, Stainless Steel Sutures, Others), By Coating (Coated Sutures, Non-Coated Sutures), By Application (General Surgery, Gynecology Surgery, Orthopedic Surgery, Ophthalmic Surgery, Cosmetic & Plastic Surgery, Cardiac Surgery, Others Applications), By End User (Hospitals, Specialized Clinics, Ambulatory Surgical Centers), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032


Report Code: CMI23204

Published Date: April 2023

Pages: 220+

Category: Healthcare

Report Snapshot

CAGR: 5.4%
8.2B
2022
9.3B
2023
14.5B
2030

Source: CMI

Study Period: 2023-2030
Fastest Growing Market: Asia-Pacific
Largest Market: Europe

Major Players

  • B. Braun Melsungen AG
  • Johnson & Johnson (Ethicon)
  • CP Medical
  • Atramat
  • Medtronic (Covidien)
  • Others

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Reports Description

As per the current market research conducted by Custom Market Insight Market Research Team, the global surgical sutures market is expected to record a CAGR of 5.4% from 2023 to 2030. In 2023, the market size is projected to reach a valuation of US$ 9.3 billion. By 2030, the valuation is anticipated to reach US$ 14.5 billion.

The surgical sutures market refers to the global market for medical devices used for the closure of wounds after surgery or injury. Surgical sutures are also known as stitches and are used to hold together the edges of a wound to promote healing and reduce the risk of infection. The market includes a variety of sutures made from different materials such as natural, synthetic, and bio-absorbable, which are used in different surgical procedures.

The market is driven by factors such as increasing surgical procedures, a growing geriatric population, and the rising prevalence of chronic diseases.

Attributes Value
Surgical Sutures Value (2022) US$ 8.2 billion
Surgical Sutures Market Expected Value (2023) US$ 9.3 billion
Surgical Sutures Market Forecast Value (2030) US$ 14.5 billion
Surgical Sutures Market Expected CAGR (2023 to 2030) 5.4%

Surgical Sutures Market – Mergers and Acquisitions

There have been several mergers and acquisitions in the surgical sutures market in recent years.

  • In 2019, Boston Scientific announced its acquisition of Vertiflex for $465 million, which helped the company expand its portfolio of pain management products, including surgical sutures.
  • In the same year, Ethicon (a subsidiary of Johnson & Johnson) acquired TachoSil Fibrin Sealant Patch from Takeda Pharmaceutical Company for $400 million, which expanded Ethicon’s portfolio of surgical sutures and related products.
  • In 2018, B. Braun acquired NxStage Medical’s bloodline tubing set business, which included products such as hemodialysis bloodlines and surgical sutures.
  • In 2017, Medtronic acquired HeartWare International, a medical device company that specialized in heart pumps and related products, including surgical sutures.

These mergers and acquisitions have helped companies to expand their product portfolios, increase their market share, and strengthen their position in the competitive surgical sutures market.

Surgical Sutures Market – Significant Opportunities

  • The surgical sutures market presents several significant opportunities for growth and expansion. One of the major opportunities is the increasing demand for minimally invasive surgical procedures, which require sutures that are more precise and have better healing properties. Additionally, the rise in the geriatric population and the growing number of chronic diseases are expected to boost the demand for surgical sutures in the coming years.
  • There is also a growing trend towards the development of biodegradable and bioabsorbable sutures, which can reduce the need for additional surgical procedures to remove them. This presents a significant opportunity for manufacturers to invest in research and development to produce innovative sutures that meet the needs of modern medicine.
  • Moreover, the increasing popularity of outpatient surgeries is expected to fuel the demand for disposable sutures, which are convenient and cost-effective. As a result, manufacturers can focus on developing new products that cater to this market segment.
  • Finally, the increasing adoption of robotic surgeries and the use of advanced wound closure devices such as hemostats and tissue sealants present significant growth opportunities for the surgical sutures market. Manufacturers can tap into these opportunities by developing sutures that are compatible with these advanced technologies and devices.

COMPARATIVE ANALYSIS OF THE RELATED MARKET

Surgical Sutures Market Acute Repetitive Seizures Market Sports Medicine Market
CAGR 5.4% (Approx) CAGR 12%

(Approx)

7%

(Approx)

US$ 14.5 billion by 2030 USD 11.5 billion by 2030 USD 11 Billion by 2030.

Surgical Sutures Market – Significant Threats

Some of the significant threats faced by the surgical sutures market include the increasing preference for alternative wound closure methods such as staples, tissue adhesives, and mechanical closure devices. Additionally, the growing popularity of minimally invasive surgeries and the development of advanced wound care products are also posing a threat to the traditional surgical sutures market. The lack of skilled professionals for performing surgeries and the high cost of surgical sutures are also hindering the growth of the market. The availability of counterfeit surgical sutures in the market is another significant threat that can adversely impact the market’s growth. Furthermore, the stringent regulations governing the approval and commercialization of surgical sutures can pose a significant challenge to the market players.

What are the Main Opportunities for the Manufacturers of Surgical Sutures?

The surgical sutures market holds significant potential, owing to factors such as the rising elderly population and the increasing number of surgical procedures for trauma, burns, cosmetic, orthopedic, cardiovascular, and other medical conditions. Furthermore, favorable reimbursement policies in different countries are expected to contribute to market growth.

Medtronic Plc, Ethicon US LLC, and B. Braun are currently the leading players in the highly fragmented global market, with a strong portfolio of products, efficient distribution channels, and strategic sales tactics. To further increase their product sales, these companies should focus on untapped markets in emerging economies. This presents a promising opportunity for growth in the surgical sutures market in the foreseeable future.

Global Surgical Sutures Market 2023–2030 (By Billion)

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What variables limit the need for surgical sutures?

The use of alternative wound closure methods, such as skin adhesives, tissue sealants, and hemostats, is expected to restrict the growth of the surgical sutures market. Manufacturers in this market face intense competition across their product lines and compete with both local and global companies. Moreover, there has been a significant increase in demand for laparoscopic procedures, which require fewer units of surgical sutures compared to open surgeries. This is due to smaller incisions, precise instruments, less bleeding, and a lower risk of complications. A recent study by Elsevier in 2021 highlighted that laparoscopic techniques were used in a majority of bariatric, anti-reflux, and cholecystectomy surgeries. As many specialities are adopting minimally invasive procedures, the scope of surgical sutures is becoming increasingly limited, which could negatively impact the growth of the surgical sutures market.

Report Scope

Feature of the Report Details
Market Size in 2023 USD 9.3 Billion
Projected Market Size in 2030 USD 14.5 Billion
Market Size in 2022 USD 8.2 Billion
CAGR Growth Rate 5.4% CAGR (2022-2030)
Base Year 2022
Forecast Period 2023-2032
Key Segment By Product, Suture Material, Filament, Raw Material, Coating, Application, End User, and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfil your requirements for research.

Category-wise Insights

What product for surgical sutures is fueling market expansion?

The global surgical sutures market is expected to witness a high growth rate, with a projected CAGR of 4.3% by the end of the forecast period. It is anticipated to hold a significant market share of around 50.1% in the global market by 2032.

What Surgical Suture Material is the Subject of Major Global Attention?

In 2021, absorbable sutures accounted for 59.4% of the revenue share in the surgical sutures market, and they are projected to exhibit steady growth throughout the forecast period, with an expected market share of 61.2% in 2032. This can be attributed to their ability to be broken down or absorbed by the human body after a specific period, making them convenient for both patients and healthcare professionals. With absorbable sutures, patients do not need to make another trip to the hospital for suture removal, while healthcare professionals can reduce their workload by eliminating the need to remove them after a specific period of time.

Which Filament for Surgical Sutures is Fueling Market Growth?

The global market for monofilament/barb sutures is projected to witness significant growth at a CAGR of 5.3% by the end of the forecast period, with an estimated market share of around 68.1% in 2032. This growth can be attributed to their ability to minimize tissue trauma during surgery and provide better wound closure compared to other types of sutures.

Which raw material for surgical sutures is propelling market expansion?

By the end of the forecast period, synthetic sutures are expected to exhibit significant growth at a CAGR rate of 5.3%, with a projected market share of approximately 62.2% in the global market in 2032.

Which Coating for Surgical Sutures is Fueling Market Growth?

By the end of the forecast period, coated sutures with anti-bacterial properties are expected to exhibit high growth at a CAGR rate of 5.5%, with a projected market share of approximately 67.3% in the global market in 2032.

Which Application for Surgical Sutures is Fueling Market Growth?

The cardiac surgery segment is expected to exhibit significant growth at a CAGR of 4.7% by the end of the forecast period, with a projected market share of approximately 29.3% in the global surgical sutures market by 2032.

Global Surgical Sutures Market 2023–2030 (By Suture Material)

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Who Are the Global Sales of Surgical Sutures’ Most Beneficial End Users?

The hospital segment holds the highest market share value of 47.8% in the year 2021, mainly driven by the growing volumes of surgical procedures. This segment has emerged as a dominant fragment, thereby propelling the sales of the overall surgical sutures market.

Region-wise Insights

  • North America: North America holds the largest market share in the global surgical sutures market, with a projected value of $2.4 billion by the end of 2021. The region’s dominance can be attributed to the presence of a well-established healthcare infrastructure, the rising incidence of chronic diseases, and the increasing demand for minimally invasive surgeries.
  • Europe: Europe is the second-largest market for surgical sutures, with a projected value of $1.7 billion by the end of 2021. The growth in this region is attributed to the high prevalence of chronic diseases, an increasing geriatric population, and the presence of a well-established healthcare infrastructure.
  • Asia Pacific: The Asia Pacific region is expected to exhibit the fastest growth rate in the surgical sutures market, with a CAGR of 5.5% from 2021 to 2031. This growth can be attributed to the increasing demand for surgical procedures, the rising incidence of chronic diseases, and the growing healthcare infrastructure in countries like China and India.
  • Latin America: The surgical sutures market in Latin America is expected to grow at a CAGR of 4.7% from 2021 to 2031. The growth in this region can be attributed to the increasing incidence of chronic diseases, rising healthcare expenditure, and the growing demand for minimally invasive surgeries.
  • Middle East and Africa: The surgical sutures market in the Middle East and Africa is expected to exhibit moderate growth over the forecast period. The growth in this region can be attributed to the increasing number of surgeries being performed, rising healthcare expenditure, and the growing demand for advanced surgical sutures.

Competitive Landscape

The surgical sutures market is highly fragmented, with many competitors in the production sphere. To meet consumer demand and expand their customer base, companies are adopting various strategies such as mergers and acquisitions, partnerships and collaborations, and launching new products.

  • For instance, on 13th July 2022, Dolphin Sutures launched the world’s largest range of antibacterial sutures, aimed at enhancing patient safety and providing surgeons with confidence in a range of clinical settings. In November 2020, Teleflex Medical OEM announced an expansion of its Trenton, Georgia facility, adding 16,000 square feet to the existing facility.
  • On 13th March 2019, Johnson & Johnson announced its acquisition of Auris Health, Inc. by Ethicon, Inc. for approximately $3.4 billion in cash. This move is aimed at accelerating Johnson & Johnson’s entry into robotics, with the potential for growth and expansion into other interventional applications.

Global Surgical Sutures Market 2023–2030 (By Filament)

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Key Companies Profiled

  • B. Braun Melsungen AG
  • Johnson & Johnson (Ethicon)
  • CP Medical
  • Atramat
  • Medtronic (Covidien)
  • DemeTECH Corporation
  • Teleflex Incorporated (Teleflex Medical OEM)
  • Sutumed
  • Kono Seisakusho Co.,Ltd
  • Mani Inc.
  • Olimp- Surgical Sutures
  • Lotus Surgicals
  • Unisur Lifecare Pvt Ltd. (Universal Sutures)
  • GMD Group
  • Dynek Pvt Ltd.
  • Unilene
  • Advanced MedTech Solutions Pvt. Ltd
  • Corza Medical
  • Dolphin Sutures
  • Others

Key Market Segments Covered in Surgical Sutures Industry Research

By Product:

  • Surgical Sutures
  • Mechanical Sutures

By Suture Material:

  • Absorbable Sutures
  • Non-Absorbable Sutures

By Filament:

  • Monofilament/Barb Sutures
  • Multifilament/Braided Sutures

By Raw Material:

  • Natural Sutures
  • Silk Sutures
  • Catgut Sutures
  • Synthetic Sutures
  • Polyglactin 910 Sutures
  • Polyglecaprone 25 Sutures
  • Polydioxanone Sutures
  • Polyglycolic Acid Sutures
  • Nylon Sutures
  • Prolene Sutures
  • Stainless Steel Sutures
  • Others

By Coating:

  • Coated Sutures
  • Non-Coated Sutures

By Application:

  • General Surgery
  • Gynecology Surgery
  • Orthopedic Surgery
  • Ophthalmic Surgery
  • Cosmetic & Plastic Surgery
  • Cardiac Surgery
  • Others Applications

By End User:

  • Hospitals
  • Specialized Clinics
  • Ambulatory Surgical Centers

By Region

North America

  • U.S.
  • Canada
  • Mexico
  • Rest of North America

Europe

  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

Table of Contents

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Surgical Sutures Market, (2023 – 2030) (USD Billion)
    • 2.2 Global Surgical Sutures Market : snapshot
  • Chapter 3. Global Surgical Sutures Market – Industry Analysis
    • 3.1 Surgical Sutures Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Increase in the number of surgeries due to unhealthy lifestyles and aging populations and initiatives such as acquisitions and partnerships undertaken by key companies for product development and distribution activities
    • 3.3 Market Restraints
    • 3.4 Market Opportunities
    • 3.5 Market Challenges
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Product
      • 3.7.2 Market attractiveness analysis By Suture Material
      • 3.7.3 Market attractiveness analysis By Filament
      • 3.7.4 Market attractiveness analysis By Raw Material
      • 3.7.5 Market attractiveness analysis By Coating
      • 3.7.6 Market attractiveness analysis By Application
      • 3.7.7 Market attractiveness analysis By End User
  • Chapter 4. Global Surgical Sutures Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Surgical Sutures Market: company market share, 2022
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Surgical Sutures Market – Product Analysis
    • 5.1 Global Surgical Sutures Market overview: By Product
      • 5.1.1 Global Surgical Sutures Market share, By Product, 2022 and 2030
    • 5.2 Surgical Sutures
      • 5.2.1 Global Surgical Sutures Market by Surgical Sutures, 2023 – 2030 (USD Billion)
    • 5.3 Mechanical Sutures
      • 5.3.1 Global Surgical Sutures Market by Mechanical Sutures, 2023 – 2030 (USD Billion)
  • Chapter 6. Global Surgical Sutures Market – Suture Material Analysis
    • 6.1 Global Surgical Sutures Market overview: By Suture Material
      • 6.1.1 Global Surgical Sutures Market share, By Suture Material, 2022 and 2030
    • 6.2 Absorbable Sutures
      • 6.2.1 Global Surgical Sutures Market by Absorbable Sutures, 2023 – 2030 (USD Billion)
    • 6.3 Non-Absorbable Sutures
      • 6.3.1 Global Surgical Sutures Market by Non-Absorbable Sutures, 2023 – 2030 (USD Billion)
  • Chapter 7. Global Surgical Sutures Market – Filament Analysis
    • 7.1 Global Surgical Sutures Market overview: By Filament
      • 7.1.1 Global Surgical Sutures Market share, By Filament, 2022 and 2030
    • 7.2 Monofilament/Barb Sutures
      • 7.2.1 Global Surgical Sutures Market by Monofilament/Barb Sutures, 2023 – 2030 (USD Billion)
    • 7.3 Multifilament/Braided Sutures
      • 7.3.1 Global Surgical Sutures Market by Multifilament/Braided Sutures, 2023 – 2030 (USD Billion)
  • Chapter 8. Global Surgical Sutures Market – Raw Material Analysis
    • 8.1 Global Surgical Sutures Market overview: By Raw Material
      • 8.1.1 Global Surgical Sutures Market share, By Raw Material, 2022 and 2030
    • 8.2 Natural Sutures
      • 8.2.1 Global Surgical Sutures Market by Natural Sutures, 2023 – 2030 (USD Billion)
    • 8.3 Silk Sutures
      • 8.3.1 Global Surgical Sutures Market by Silk Sutures, 2023 – 2030 (USD Billion)
    • 8.4 Catgut Sutures
      • 8.4.1 Global Surgical Sutures Market by Catgut Sutures, 2023 – 2030 (USD Billion)
    • 8.5 Synthetic Sutures
      • 8.5.1 Global Surgical Sutures Market by Synthetic Sutures, 2023 – 2030 (USD Billion)
    • 8.6 Polyglactin 910 Sutures
      • 8.6.1 Global Surgical Sutures Market by Polyglactin 910 Sutures, 2023 – 2030 (USD Billion)
    • 8.7 Polyglecaprone 25 Sutures
      • 8.7.1 Global Surgical Sutures Market by Polyglecaprone 25 Sutures, 2023 – 2030 (USD Billion)
    • 8.8 Polydioxanone Sutures
      • 8.8.1 Global Surgical Sutures Market by Polydioxanone Sutures, 2023 – 2030 (USD Billion)
    • 8.9 Polyglycolic Acid Sutures
      • 8.9.1 Global Surgical Sutures Market by Polyglycolic Acid Sutures, 2023 – 2030 (USD Billion)
    • 8.10 Nylon Sutures
      • 8.10.1 Global Surgical Sutures Market by Nylon Sutures, 2023 – 2030 (USD Billion)
    • 8.11 Prolene Sutures
      • 8.11.1 Global Surgical Sutures Market by Prolene Sutures, 2023 – 2030 (USD Billion)
    • 8.12 Stainless Steel Sutures
      • 8.12.1 Global Surgical Sutures Market by Stainless Steel Sutures, 2023 – 2030 (USD Billion)
    • 8.13 Others
      • 8.13.1 Global Surgical Sutures Market by Others, 2023 – 2030 (USD Billion)
  • Chapter 9. Global Surgical Sutures Market – Coating Analysis
    • 9.1 Global Surgical Sutures Market overview: By Coating
      • 9.1.1 Global Surgical Sutures Market share, By Coating, 2022 and 2030
    • 9.2 Coated Sutures
      • 9.2.1 Global Surgical Sutures Market by Coated Sutures, 2023 – 2030 (USD Billion)
    • 9.3 Non-Coated Sutures
      • 9.3.1 Global Surgical Sutures Market by Non-Coated Sutures, 2023 – 2030 (USD Billion)
  • Chapter 10. Global Surgical Sutures Market – Application Analysis
    • 10.1 Global Surgical Sutures Market overview: By Application
      • 10.1.1 Global Surgical Sutures Market share, By Application, 2022 and 2030
    • 10.2 General Surgery
      • 10.2.1 Global Surgical Sutures Market by General Surgery, 2023 – 2030 (USD Billion)
    • 10.3 Gynecology Surgery
      • 10.3.1 Global Surgical Sutures Market by Gynecology Surgery, 2023 – 2030 (USD Billion)
    • 10.4 Orthopedic Surgery
      • 10.4.1 Global Surgical Sutures Market by Orthopedic Surgery, 2023 – 2030 (USD Billion)
    • 10.5 Ophthalmic Surgery
      • 10.5.1 Global Surgical Sutures Market by Ophthalmic Surgery, 2023 – 2030 (USD Billion)
    • 10.6 Cosmetic & Plastic Surgery
      • 10.6.1 Global Surgical Sutures Market by Cosmetic & Plastic Surgery, 2023 – 2030 (USD Billion)
    • 10.7 Cardiac Surgery
      • 10.7.1 Global Surgical Sutures Market by Cardiac Surgery, 2023 – 2030 (USD Billion)
    • 10.8 Others Applications
      • 10.8.1 Global Surgical Sutures Market by Others Applications, 2023 – 2030 (USD Billion)
  • Chapter 11. Global Surgical Sutures Market – End User Analysis
    • 11.1 Global Surgical Sutures Market overview: By End User
      • 11.1.1 Global Surgical Sutures Market share, By End User, 2022 and 2030
    • 11.2 Hospitals
      • 11.2.1 Global Surgical Sutures Market by Hospitals, 2023 – 2030 (USD Billion)
    • 11.3 Specialized Clinics
      • 11.3.1 Global Surgical Sutures Market by Specialized Clinics, 2023 – 2030 (USD Billion)
    • 11.4 Ambulatory Surgical Centers
      • 11.4.1 Global Surgical Sutures Market by Ambulatory Surgical Centers, 2023 – 2030 (USD Billion)
  • Chapter 12. Surgical Suture Market – Regional Analysis
    • 12.1 Global Surgical Suture Market Regional Overview
    • 12.2 Global Surgical Suture Market Share, by Region, 2022 & 2030 (USD Billion)
    • 12.3. North America
      • 12.3.1 North America Surgical Suture Market, 2023 – 2030 (USD Billion)
        • 12.3.1.1 North America Surgical Suture Market, by Country, 2023 – 2030 (USD Billion)
    • 12.4 North America Surgical Suture Market, by Product, 2023 – 2030
      • 12.4.1 North America Surgical Suture Market, by Product, 2023 – 2030 (USD Billion)
    • 12.5 North America Surgical Suture Market, by Suture Material, 2023 – 2030
      • 12.5.1 North America Surgical Suture Market, by Suture Material, 2023 – 2030 (USD Billion)
    • 12.6 North America Surgical Suture Market, by Filament, 2023 – 2030
      • 12.6.1 North America Surgical Suture Market, by Filament, 2023 – 2030 (USD Billion)
    • 12.7 North America Surgical Suture Market, by Raw Material, 2023 – 2030
      • 12.7.1 North America Surgical Suture Market, by Raw Material, 2023 – 2030 (USD Billion)
    • 12.8 North America Surgical Suture Market, by Coating, 2023 – 2030
      • 12.8.1 North America Surgical Suture Market, by Coating, 2023 – 2030 (USD Billion)
    • 12.9 North America Surgical Suture Market, by Application, 2023 – 2030
      • 12.9.1 North America Surgical Suture Market, by Application, 2023 – 2030 (USD Billion)
    • 12.10 North America Surgical Suture Market, by End User, 2023 – 2030
      • 12.10.1 North America Surgical Suture Market, by End User, 2023 – 2030 (USD Billion)
    • 12.11. Europe
      • 12.11.1 Europe Surgical Suture Market, 2023 – 2030 (USD Billion)
        • 12.11.1.1 Europe Surgical Suture Market, by Country, 2023 – 2030 (USD Billion)
    • 12.12 Europe Surgical Suture Market, by Product, 2023 – 2030
      • 12.12.1 Europe Surgical Suture Market, by Product, 2023 – 2030 (USD Billion)
    • 12.13 Europe Surgical Suture Market, by Suture Material, 2023 – 2030
      • 12.13.1 Europe Surgical Suture Market, by Suture Material, 2023 – 2030 (USD Billion)
    • 12.14 Europe Surgical Suture Market, by Filament, 2023 – 2030
      • 12.14.1 Europe Surgical Suture Market, by Filament, 2023 – 2030 (USD Billion)
    • 12.15 Europe Surgical Suture Market, by Raw Material, 2023 – 2030
      • 12.15.1 Europe Surgical Suture Market, by Raw Material, 2023 – 2030 (USD Billion)
    • 12.16 Europe Surgical Suture Market, by Coating, 2023 – 2030
      • 12.16.1 Europe Surgical Suture Market, by Coating, 2023 – 2030 (USD Billion)
    • 12.17 Europe Surgical Suture Market, by Application, 2023 – 2030
      • 12.17.1 Europe Surgical Suture Market, by Application, 2023 – 2030 (USD Billion)
    • 12.18 Europe Surgical Suture Market, by End User, 2023 – 2030
      • 12.18.1 Europe Surgical Suture Market, by End User, 2023 – 2030 (USD Billion)
    • 12.19. Asia Pacific
      • 12.19.1 Asia Pacific Surgical Suture Market, 2023 – 2030 (USD Billion)
        • 12.19.1.1 Asia Pacific Surgical Suture Market, by Country, 2023 – 2030 (USD Billion)
    • 12.20 Asia Pacific Surgical Suture Market, by Product, 2023 – 2030
      • 12.20.1 Asia Pacific Surgical Suture Market, by Product, 2023 – 2030 (USD Billion)
    • 12.21 Asia Pacific Surgical Suture Market, by Suture Material, 2023 – 2030
      • 12.21.1 Asia Pacific Surgical Suture Market, by Suture Material, 2023 – 2030 (USD Billion)
    • 12.22 Asia Pacific Surgical Suture Market, by Filament, 2023 – 2030
      • 12.22.1 Asia Pacific Surgical Suture Market, by Filament, 2023 – 2030 (USD Billion)
    • 12.23 Asia Pacific Surgical Suture Market, by Raw Material, 2023 – 2030
      • 12.23.1 Asia Pacific Surgical Suture Market, by Raw Material, 2023 – 2030 (USD Billion)
    • 12.24 Asia Pacific Surgical Suture Market, by Coating, 2023 – 2030
      • 12.24.1 Asia Pacific Surgical Suture Market, by Coating, 2023 – 2030 (USD Billion)
    • 12.25 Asia Pacific Surgical Suture Market, by Application, 2023 – 2030
      • 12.25.1 Asia Pacific Surgical Suture Market, by Application, 2023 – 2030 (USD Billion)
    • 12.26 Asia Pacific Surgical Suture Market, by End User, 2023 – 2030
      • 12.26.1 Asia Pacific Surgical Suture Market, by End User, 2023 – 2030 (USD Billion)
    • 12.27. Latin America
      • 12.27.1 Latin America Surgical Suture Market, 2023 – 2030 (USD Billion)
        • 12.27.1.1 Latin America Surgical Suture Market, by Country, 2023 – 2030 (USD Billion)
    • 12.28 Latin America Surgical Suture Market, by Product, 2023 – 2030
      • 12.28.1 Latin America Surgical Suture Market, by Product, 2023 – 2030 (USD Billion)
    • 12.29 Latin America Surgical Suture Market, by Suture Material, 2023 – 2030
      • 12.29.1 Latin America Surgical Suture Market, by Suture Material, 2023 – 2030 (USD Billion)
    • 12.30 Latin America Surgical Suture Market, by Filament, 2023 – 2030
      • 12.30.1 Latin America Surgical Suture Market, by Filament, 2023 – 2030 (USD Billion)
    • 12.31 Latin America Surgical Suture Market, by Raw Material, 2023 – 2030
      • 12.31.1 Latin America Surgical Suture Market, by Raw Material, 2023 – 2030 (USD Billion)
    • 12.32 Latin America Surgical Suture Market, by Coating, 2023 – 2030
      • 12.32.1 Latin America Surgical Suture Market, by Coating, 2023 – 2030 (USD Billion)
    • 12.33 Latin America Surgical Suture Market, by Application, 2023 – 2030
      • 12.33.1 Latin America Surgical Suture Market, by Application, 2023 – 2030 (USD Billion)
    • 12.34 Latin America Surgical Suture Market, by End User, 2023 – 2030
      • 12.34.1 Latin America Surgical Suture Market, by End User, 2023 – 2030 (USD Billion)
    • 12.35. The Middle-East and Africa
      • 12.35.1 The Middle-East and Africa Surgical Suture Market, 2023 – 2030 (USD Billion)
        • 12.35.1.1 The Middle-East and Africa Surgical Suture Market, by Country, 2023 – 2030 (USD Billion)
    • 12.36 The Middle-East and Africa Surgical Suture Market, by Product, 2023 – 2030
      • 12.36.1 The Middle-East and Africa Surgical Suture Market, by Product, 2023 – 2030 (USD Billion)
    • 12.37 The Middle-East and Africa Surgical Suture Market, by Suture Material, 2023 – 2030
      • 12.37.1 The Middle-East and Africa Surgical Suture Market, by Suture Material, 2023 – 2030 (USD Billion)
    • 12.38 The Middle-East and Africa Surgical Suture Market, by Filament, 2023 – 2030
      • 12.38.1 The Middle-East and Africa Surgical Suture Market, by Filament, 2023 – 2030 (USD Billion)
    • 12.39 The Middle-East and Africa Surgical Suture Market, by Raw Material, 2023 – 2030
      • 12.39.1 The Middle-East and Africa Surgical Suture Market, by Raw Material, 2023 – 2030 (USD Billion)
    • 12.40 The Middle-East and Africa Surgical Suture Market, by Coating, 2023 – 2030
      • 12.40.1 The Middle-East and Africa Surgical Suture Market, by Coating, 2023 – 2030 (USD Billion)
    • 12.41 The Middle-East and Africa Surgical Suture Market, by Application, 2023 – 2030
      • 12.41.1 The Middle-East and Africa Surgical Suture Market, by Application, 2023 – 2030 (USD Billion)
    • 12.42 The Middle-East and Africa Surgical Suture Market, by End User, 2023 – 2030
      • 12.42.1 The Middle-East and Africa Surgical Suture Market, by End User, 2023 – 2030 (USD Billion)
  • Chapter 13. Company Profiles
    • 13.1 B. Braun Melsungen AG, Johnson & Johnson (Ethicon), CP Medical, Atramat, Medtronic (Covidien), DemeTECH Corporation, Teleflex Incorporated (Teleflex Medical OEM), Sutumed, Kono Seisakusho Co.Ltd, Mani Inc., Olimp- Surgical Sutures, Lotus Surgicals, Unisur Lifecare Pvt Ltd. (Universal Sutures), GMD Group, Dynek Pvt Ltd., Unilene, Advanced MedTech Solutions Pvt. Ltd, Corza Medical, Dolphin Sutures
      • 13.1.1 Overview
      • 13.1.2 Financials
      • 13.1.3 Product Portfolio
      • 13.1.4 Business Strategy
      • 13.1.5 Recent Developments
List Of Figures

Figures No 1 to 54

List Of Tables

Tables No 1 to 177

Report Methodology

In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:

Preliminary Data Mining

On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.

Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.

Statistical Model

Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.

Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.

Some of the variables taken into account for forecasting are as follows:

• Industry drivers and constraints, as well as their current and projected impact

• The raw material case, as well as supply-versus-price trends

• Current volume and projected volume growth through 2030

We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.

Primary Validation

This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.

Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.

All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:

• Market leaders

• Suppliers of raw materials

• Suppliers of raw materials

• Buyers.

The following are the primary research objectives:

• To ensure the accuracy and acceptability of our data.

• Gaining an understanding of the current market and future projections.

Data Collection Matrix

Perspective Primary research Secondary research
Supply-side
  • Manufacturers
  • Technology distributors and wholesalers
  • Company reports and publications
  • Government publications
  • Independent investigations
  • Economic and demographic data
Demand-side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customers


Market Analysis Matrix

Qualitative analysis Quantitative analysis
  • Industry landscape and trends
  • Market dynamics and key issues
  • Technology landscape
  • Market opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2030
  • Market revenue estimates and forecasts up to 2030, by technology
  • Market revenue estimates and forecasts up to 2030, by application
  • Market revenue estimates and forecasts up to 2030, by type
  • Market revenue estimates and forecasts up to 2030, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Prominent Players

  • B. Braun Melsungen AG
  • Johnson & Johnson (Ethicon)
  • CP Medical
  • Atramat
  • Medtronic (Covidien)
  • DemeTECH Corporation
  • Teleflex Incorporated (Teleflex Medical OEM)
  • Sutumed
  • Kono Seisakusho Co.,Ltd
  • Mani Inc.
  • Olimp- Surgical Sutures
  • Lotus Surgicals
  • Unisur Lifecare Pvt Ltd. (Universal Sutures)
  • GMD Group
  • Dynek Pvt Ltd.
  • Unilene
  • Advanced MedTech Solutions Pvt. Ltd
  • Corza Medical
  • Dolphin Sutures
  • Others

FAQs

“North America” region will lead the global Surgical Sutures market during the forecast period 2023 to 2030.

The key factors driving the market are increase in the number of surgeries due to unhealthy lifestyles and aging populations, and initiatives, such as acquisitions and partnerships, undertaken by key companies for product development and distribution activities.

The key players operating in the Surgical Sutures market are B. Braun Melsungen AG, Johnson & Johnson (Ethicon), CP Medical, Atramat, Medtronic (Covidien), DemeTECH Corporation, Teleflex Incorporated (Teleflex Medical OEM), Sutumed, Kono Seisakusho Co.Ltd, Mani Inc., Olimp- Surgical Sutures, Lotus Surgicals, Unisur Lifecare Pvt Ltd. (Universal Sutures), GMD Group, Dynek Pvt Ltd., Unilene, Advanced MedTech Solutions Pvt. Ltd, Corza Medical, Dolphin Sutures.

The global Surgical Sutures market is expanding growth with a CAGR of approximately 5.4% during the forecast period (2023 to 2030).

The global Surgical Sutures market size was valued at USD 9.3 Billion in 2021 and it is projected to reach around USD 14.5 Billion by 2030.

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