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Absorbable Surgical Sutures-Global Market Insights and Sales Trends 2024
Synopsis
Surgical sutures are used by doctors to close the wounds or an opening of a damaged tissue. An absorbable suture crumbles in the body through enzymatic or hydrolysis reactions taking place in the human body. The absorbable sutures were formerly made from sheep’s intestine. Absorbable sutures are used for sewing of deep tissues which breaks down in the body within ten days to four weeks depending on the suture composition.
The global Absorbable Surgical Sutures market size is expected to reach US$ 5164.9 million by 2029, growing at a CAGR of 4.9% from 2023 to 2029. The market is mainly driven by the significant applications of Absorbable Surgical Sutures in various end use industries. The expanding demands from the Hospitals, Clinics, Ambulatory Surgery Centers and Others, are propelling Absorbable Surgical Sutures market. Monofilament Sutures, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Multifilament Sutures segment is estimated at % CAGR for the next seven-year period.
In the absorbable surgical sutures market, North America is anticipated to account for the largest market share due to the early adoption of advanced medical technologies, the rise in awareness, the rise in growth of the healthcare sector, and due to favorable compensation setting for many surgical procedures.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Absorbable Surgical Sutures, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Absorbable Surgical Sutures market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Absorbable Surgical Sutures market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Absorbable Surgical Sutures sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Absorbable Surgical Sutures covered in this report include Medtronic (US), Johnson & Johnson (US), Boston Scientific (US), 3M (US), Smith & Nephew (UK), Ethicon (US), B. Braun Melsungen (Germany), DemeTECH (US) and Internacional Farmaceutica (Mexico), etc.
The global Absorbable Surgical Sutures market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Medtronic (US)
Johnson & Johnson (US)
Boston Scientific (US)
3M (US)
Smith & Nephew (UK)
Ethicon (US)
B. Braun Melsungen (Germany)
DemeTECH (US)
Internacional Farmaceutica (Mexico)
Sutures India (India)
W.L. Gore & Associates (US)
EndoEvolution (US)
Global Absorbable Surgical Sutures market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Absorbable Surgical Sutures market, Segment by Type:
Monofilament Sutures
Multifilament Sutures
Global Absorbable Surgical Sutures market, by Application
Hospitals
Clinics
Ambulatory Surgery Centers
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Absorbable Surgical Sutures manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Absorbable Surgical Sutures in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Surgical sutures are used by doctors to close the wounds or an opening of a damaged tissue. An absorbable suture crumbles in the body through enzymatic or hydrolysis reactions taking place in the human body. The absorbable sutures were formerly made from sheep’s intestine. Absorbable sutures are used for sewing of deep tissues which breaks down in the body within ten days to four weeks depending on the suture composition.
The global Absorbable Surgical Sutures market size is expected to reach US$ 5164.9 million by 2029, growing at a CAGR of 4.9% from 2023 to 2029. The market is mainly driven by the significant applications of Absorbable Surgical Sutures in various end use industries. The expanding demands from the Hospitals, Clinics, Ambulatory Surgery Centers and Others, are propelling Absorbable Surgical Sutures market. Monofilament Sutures, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Multifilament Sutures segment is estimated at % CAGR for the next seven-year period.
In the absorbable surgical sutures market, North America is anticipated to account for the largest market share due to the early adoption of advanced medical technologies, the rise in awareness, the rise in growth of the healthcare sector, and due to favorable compensation setting for many surgical procedures.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Absorbable Surgical Sutures, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Absorbable Surgical Sutures market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Absorbable Surgical Sutures market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Absorbable Surgical Sutures sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Absorbable Surgical Sutures covered in this report include Medtronic (US), Johnson & Johnson (US), Boston Scientific (US), 3M (US), Smith & Nephew (UK), Ethicon (US), B. Braun Melsungen (Germany), DemeTECH (US) and Internacional Farmaceutica (Mexico), etc.
The global Absorbable Surgical Sutures market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Medtronic (US)
Johnson & Johnson (US)
Boston Scientific (US)
3M (US)
Smith & Nephew (UK)
Ethicon (US)
B. Braun Melsungen (Germany)
DemeTECH (US)
Internacional Farmaceutica (Mexico)
Sutures India (India)
W.L. Gore & Associates (US)
EndoEvolution (US)
Global Absorbable Surgical Sutures market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Absorbable Surgical Sutures market, Segment by Type:
Monofilament Sutures
Multifilament Sutures
Global Absorbable Surgical Sutures market, by Application
Hospitals
Clinics
Ambulatory Surgery Centers
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Absorbable Surgical Sutures manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Absorbable Surgical Sutures in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Absorbable Surgical Sutures Market Overview
1.1 Absorbable Surgical Sutures Product Overview
1.2 Absorbable Surgical Sutures Market Segment by Type
1.2.1 Monofilament Sutures
1.2.2 Multifilament Sutures
1.3 Global Absorbable Surgical Sutures Market Size by Type
1.3.1 Global Absorbable Surgical Sutures Market Size Overview by Type (2018-2029)
1.3.2 Global Absorbable Surgical Sutures Historic Market Size Review by Type (2018-2023)
1.3.3 Global Absorbable Surgical Sutures Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Absorbable Surgical Sutures Sales Breakdown by Type (2018-2023)
1.4.2 Europe Absorbable Surgical Sutures Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Absorbable Surgical Sutures Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Absorbable Surgical Sutures Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Absorbable Surgical Sutures Sales Breakdown by Type (2018-2023)
2 Global Absorbable Surgical Sutures Market Competition by Company
2.1 Global Top Players by Absorbable Surgical Sutures Sales (2018-2023)
2.2 Global Top Players by Absorbable Surgical Sutures Revenue (2018-2023)
2.3 Global Top Players by Absorbable Surgical Sutures Price (2018-2023)
2.4 Global Top Manufacturers Absorbable Surgical Sutures Manufacturing Base Distribution, Sales Area, Product Type
2.5 Absorbable Surgical Sutures Market Competitive Situation and Trends
2.5.1 Absorbable Surgical Sutures Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Absorbable Surgical Sutures Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Absorbable Surgical Sutures as of 2022)
2.7 Date of Key Manufacturers Enter into Absorbable Surgical Sutures Market
2.8 Key Manufacturers Absorbable Surgical Sutures Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Absorbable Surgical Sutures Status and Outlook by Region
3.1 Global Absorbable Surgical Sutures Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Absorbable Surgical Sutures Historic Market Size by Region
3.2.1 Global Absorbable Surgical Sutures Sales in Volume by Region (2018-2023)
3.2.2 Global Absorbable Surgical Sutures Sales in Value by Region (2018-2023)
3.2.3 Global Absorbable Surgical Sutures Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Absorbable Surgical Sutures Forecasted Market Size by Region
3.3.1 Global Absorbable Surgical Sutures Sales in Volume by Region (2024-2029)
3.3.2 Global Absorbable Surgical Sutures Sales in Value by Region (2024-2029)
3.3.3 Global Absorbable Surgical Sutures Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Absorbable Surgical Sutures by Application
4.1 Absorbable Surgical Sutures Market Segment by Application
4.1.1 Hospitals
4.1.2 Clinics
4.1.3 Ambulatory Surgery Centers
4.1.4 Others
4.2 Global Absorbable Surgical Sutures Market Size by Application
4.2.1 Global Absorbable Surgical Sutures Market Size Overview by Application (2018-2029)
4.2.2 Global Absorbable Surgical Sutures Historic Market Size Review by Application (2018-2023)
4.2.3 Global Absorbable Surgical Sutures Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Absorbable Surgical Sutures Sales Breakdown by Application (2018-2023)
4.3.2 Europe Absorbable Surgical Sutures Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Absorbable Surgical Sutures Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Absorbable Surgical Sutures Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Absorbable Surgical Sutures Sales Breakdown by Application (2018-2023)
5 North America Absorbable Surgical Sutures by Country
5.1 North America Absorbable Surgical Sutures Historic Market Size by Country
5.1.1 North America Absorbable Surgical Sutures Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Absorbable Surgical Sutures Sales in Volume by Country (2018-2023)
5.1.3 North America Absorbable Surgical Sutures Sales in Value by Country (2018-2023)
5.2 North America Absorbable Surgical Sutures Forecasted Market Size by Country
5.2.1 North America Absorbable Surgical Sutures Sales in Volume by Country (2024-2029)
5.2.2 North America Absorbable Surgical Sutures Sales in Value by Country (2024-2029)
6 Europe Absorbable Surgical Sutures by Country
6.1 Europe Absorbable Surgical Sutures Historic Market Size by Country
6.1.1 Europe Absorbable Surgical Sutures Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Absorbable Surgical Sutures Sales in Volume by Country (2018-2023)
6.1.3 Europe Absorbable Surgical Sutures Sales in Value by Country (2018-2023)
6.2 Europe Absorbable Surgical Sutures Forecasted Market Size by Country
6.2.1 Europe Absorbable Surgical Sutures Sales in Volume by Country (2024-2029)
6.2.2 Europe Absorbable Surgical Sutures Sales in Value by Country (2024-2029)
7 Asia-Pacific Absorbable Surgical Sutures by Region
7.1 Asia-Pacific Absorbable Surgical Sutures Historic Market Size by Region
7.1.1 Asia-Pacific Absorbable Surgical Sutures Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Absorbable Surgical Sutures Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Absorbable Surgical Sutures Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Absorbable Surgical Sutures Forecasted Market Size by Region
7.2.1 Asia-Pacific Absorbable Surgical Sutures Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Absorbable Surgical Sutures Sales in Value by Region (2024-2029)
8 Latin America Absorbable Surgical Sutures by Country
8.1 Latin America Absorbable Surgical Sutures Historic Market Size by Country
8.1.1 Latin America Absorbable Surgical Sutures Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Absorbable Surgical Sutures Sales in Volume by Country (2018-2023)
8.1.3 Latin America Absorbable Surgical Sutures Sales in Value by Country (2018-2023)
8.2 Latin America Absorbable Surgical Sutures Forecasted Market Size by Country
8.2.1 Latin America Absorbable Surgical Sutures Sales in Volume by Country (2024-2029)
8.2.2 Latin America Absorbable Surgical Sutures Sales in Value by Country (2024-2029)
9 Middle East and Africa Absorbable Surgical Sutures by Country
9.1 Middle East and Africa Absorbable Surgical Sutures Historic Market Size by Country
9.1.1 Middle East and Africa Absorbable Surgical Sutures Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Absorbable Surgical Sutures Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Absorbable Surgical Sutures Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Absorbable Surgical Sutures Forecasted Market Size by Country
9.2.1 Middle East and Africa Absorbable Surgical Sutures Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Absorbable Surgical Sutures Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Medtronic (US)
10.1.1 Medtronic (US) Company Information
10.1.2 Medtronic (US) Introduction and Business Overview
10.1.3 Medtronic (US) Absorbable Surgical Sutures Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Medtronic (US) Absorbable Surgical Sutures Products Offered
10.1.5 Medtronic (US) Recent Development
10.2 Johnson & Johnson (US)
10.2.1 Johnson & Johnson (US) Company Information
10.2.2 Johnson & Johnson (US) Introduction and Business Overview
10.2.3 Johnson & Johnson (US) Absorbable Surgical Sutures Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Johnson & Johnson (US) Absorbable Surgical Sutures Products Offered
10.2.5 Johnson & Johnson (US) Recent Development
10.3 Boston Scientific (US)
10.3.1 Boston Scientific (US) Company Information
10.3.2 Boston Scientific (US) Introduction and Business Overview
10.3.3 Boston Scientific (US) Absorbable Surgical Sutures Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Boston Scientific (US) Absorbable Surgical Sutures Products Offered
10.3.5 Boston Scientific (US) Recent Development
10.4 3M (US)
10.4.1 3M (US) Company Information
10.4.2 3M (US) Introduction and Business Overview
10.4.3 3M (US) Absorbable Surgical Sutures Sales, Revenue and Gross Margin (2018-2023)
10.4.4 3M (US) Absorbable Surgical Sutures Products Offered
10.4.5 3M (US) Recent Development
10.5 Smith & Nephew (UK)
10.5.1 Smith & Nephew (UK) Company Information
10.5.2 Smith & Nephew (UK) Introduction and Business Overview
10.5.3 Smith & Nephew (UK) Absorbable Surgical Sutures Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Smith & Nephew (UK) Absorbable Surgical Sutures Products Offered
10.5.5 Smith & Nephew (UK) Recent Development
10.6 Ethicon (US)
10.6.1 Ethicon (US) Company Information
10.6.2 Ethicon (US) Introduction and Business Overview
10.6.3 Ethicon (US) Absorbable Surgical Sutures Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Ethicon (US) Absorbable Surgical Sutures Products Offered
10.6.5 Ethicon (US) Recent Development
10.7 B. Braun Melsungen (Germany)
10.7.1 B. Braun Melsungen (Germany) Company Information
10.7.2 B. Braun Melsungen (Germany) Introduction and Business Overview
10.7.3 B. Braun Melsungen (Germany) Absorbable Surgical Sutures Sales, Revenue and Gross Margin (2018-2023)
10.7.4 B. Braun Melsungen (Germany) Absorbable Surgical Sutures Products Offered
10.7.5 B. Braun Melsungen (Germany) Recent Development
10.8 DemeTECH (US)
10.8.1 DemeTECH (US) Company Information
10.8.2 DemeTECH (US) Introduction and Business Overview
10.8.3 DemeTECH (US) Absorbable Surgical Sutures Sales, Revenue and Gross Margin (2018-2023)
10.8.4 DemeTECH (US) Absorbable Surgical Sutures Products Offered
10.8.5 DemeTECH (US) Recent Development
10.9 Internacional Farmaceutica (Mexico)
10.9.1 Internacional Farmaceutica (Mexico) Company Information
10.9.2 Internacional Farmaceutica (Mexico) Introduction and Business Overview
10.9.3 Internacional Farmaceutica (Mexico) Absorbable Surgical Sutures Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Internacional Farmaceutica (Mexico) Absorbable Surgical Sutures Products Offered
10.9.5 Internacional Farmaceutica (Mexico) Recent Development
10.10 Sutures India (India)
10.10.1 Sutures India (India) Company Information
10.10.2 Sutures India (India) Introduction and Business Overview
10.10.3 Sutures India (India) Absorbable Surgical Sutures Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Sutures India (India) Absorbable Surgical Sutures Products Offered
10.10.5 Sutures India (India) Recent Development
10.11 W.L. Gore & Associates (US)
10.11.1 W.L. Gore & Associates (US) Company Information
10.11.2 W.L. Gore & Associates (US) Introduction and Business Overview
10.11.3 W.L. Gore & Associates (US) Absorbable Surgical Sutures Sales, Revenue and Gross Margin (2018-2023)
10.11.4 W.L. Gore & Associates (US) Absorbable Surgical Sutures Products Offered
10.11.5 W.L. Gore & Associates (US) Recent Development
10.12 EndoEvolution (US)
10.12.1 EndoEvolution (US) Company Information
10.12.2 EndoEvolution (US) Introduction and Business Overview
10.12.3 EndoEvolution (US) Absorbable Surgical Sutures Sales, Revenue and Gross Margin (2018-2023)
10.12.4 EndoEvolution (US) Absorbable Surgical Sutures Products Offered
10.12.5 EndoEvolution (US) Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Absorbable Surgical Sutures Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Absorbable Surgical Sutures Industrial Chain Analysis
11.4 Absorbable Surgical Sutures Market Dynamics
11.4.1 Absorbable Surgical Sutures Industry Trends
11.4.2 Absorbable Surgical Sutures Market Drivers
11.4.3 Absorbable Surgical Sutures Market Challenges
11.4.4 Absorbable Surgical Sutures Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Absorbable Surgical Sutures Distributors
12.3 Absorbable Surgical Sutures Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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