According to the new market research report by IMARC Group” Surgical Sutures Market: Global Industry Trends, Share, Size Growth, Opportunity and Forecast 2022-2027.” the global surgical sutures market reached a value of US$ 4.54 Billion in 2021. Surgical sutures are medical threads used by a healthcare professional to close the wounds of the skin or tissue. Made from natural fibers, such as silk, or synthetic materials, such as nylon, surgical sutures are utilized extensively for their strength, flexibility, and knot security. The two different types of suture materials available in the market include absorbable and nonabsorbable sutures, that come in varying sizes and shapes and are used based on the surgery requirement.
COVID-19 scenario-
We are constantly tracing and assessing the impact of the COVID-19 pandemic on the industry. These influences have been covered in our report as significant market contributors.
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Market Drives:
The rising number of individuals undergoing surgical procedures represents one of the key factors driving the surgical sutures market growth. In addition to this, the increasing prevalence of chronic diseases, especially among the geriatric population, that require surgical interventions, is acting as another major growth-inducing factor. Other factors, such as the growing number of fatal road accidents and the emerging popularity of cosmetic surgeries, are creating a positive outlook for the market further across the globe. Looking forward, IMARC Group expects the market to reach US$ 6.49 Billion by 2027, exhibiting at a CAGR of 6.05% during 2022-2027.
On the basis of type, global Surgical Sutures Market can be segmented as:-
Market Segmentation by Type:
- Absorbable Sutures
- Non-Absorbable Sutures
- Monofilament
- Multifilament
- Cardiovascular Surgeries
- General Surgeries
- Gynecological Surgeries
- Orthopedic Surgeries
- Ophthalmic Surgeries
- Others
- Hospitals and Clinics
- Ambulatory Surgical Centers
- Others
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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